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Saturday,  November 23 , 2024

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Another Minnesota meatpacking plant faces child labor claims, will pay $2M

November 16, 2024, 5:12am Business

A St. James, Minnesota, meat-processing plant not far from similar southern Minnesota plants owned by companies penalized last year for violating child labor laws has been fined $2 million for allegedly illegally employing teenagers in dangerous, late-night jobs. Read story

FILE - The entrance to the Labor Department is seen near the Capitol in Washington, Thursday, May 7, 2020. (AP Photo/J.

Judge blocks Biden administration’s rule to expand overtime pay for millions

FILE - The entrance to the Labor Department is seen near the Capitol in Washington, Thursday, May 7, 2020. (AP Photo/J.

November 15, 2024, 3:35pm Business

A federal judge in Texas has blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S. Read story

FILE - Two patrons enter the Ben &amp; Jerry&#039;s Ice Cream shop, July 20, 2021, in Burlington, Vt.

Ben & Jerry’s lawsuit accuses parent company of censorship over Gaza

FILE - Two patrons enter the Ben &amp; Jerry&#039;s Ice Cream shop, July 20, 2021, in Burlington, Vt.

November 15, 2024, 2:33pm Business

Ben & Jerry’s has sued its parent company Unilever accusing it of silencing the ice cream maker from making statements in support of Palestinians in the Gaza war. Read story

Trader Robert Charmak works on the floor of the New York Stock Exchange, Friday, Nov. 8, 2024.

Stock market today: Wall Street tumbles as the “Trump bump” fades and vaccine makers sink

Trader Robert Charmak works on the floor of the New York Stock Exchange, Friday, Nov. 8, 2024.

November 15, 2024, 1:55pm Business

U.S. stocks tumbled Friday as the “Trump bump” that Wall Street got from last week’s presidential election, along with a cut to interest rates by the Federal Reserve, kept fading. Read story

Federal Reserve Chair Jerome Powell listens to a question during a Dallas Regional Chamber event in Music Hall at Fair Park Thursday, Nov. 14, 2024, in Dallas.

Powell says Fed will likely cut rates cautiously given persistent inflation pressures

Federal Reserve Chair Jerome Powell listens to a question during a Dallas Regional Chamber event in Music Hall at Fair Park Thursday, Nov. 14, 2024, in Dallas.

November 15, 2024, 8:06am Business

Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next. Read story

FBI raids NYC home of Polymarket CEO Shayne Coplan

November 15, 2024, 8:05am Business

The FBI descended on the New York City home of Polymarket founder and CEO Shayne Coplan early Wednesday, rousing him from bed at 6 a.m. and demanding his electronic devices, according to reports. Read story

Tech consultant spars with the prosecutor over details of the death of Cash App founder Bob Lee

November 15, 2024, 8:04am Business

A tech consultant charged with murder in Cash App founder Bob Lee’s stabbing death sparred with the lead prosecutor at trial Thursday, interrupting questions asked of him with his own questions as he was grilled on his testimony. Read story

FILE - Virgin Hotels Las Vegas is illuminated on Wednesday, March 24, 2021, in Las Vegas.

Hundreds of hotel workers go on strike at a casino near the Las Vegas Strip

FILE - Virgin Hotels Las Vegas is illuminated on Wednesday, March 24, 2021, in Las Vegas.

November 15, 2024, 8:02am Business

Hundreds of hotel workers at a casino near the Las Vegas Strip went on strike just before dawn Friday after a long and highly publicized fight for a new contract. Read story