SEATTLE — The union representing Boeing’s striking factory workers in the Pacific Northwest says it expects to resume negotiations with the company on Friday. A regional district of the International Association of Machinists and Aerospace Workers said the two sides would meet alongside federal mediators. They last held formal negotiations more than a week ago, … Read more
Activist hedge fund Elliott Investment Management on Thursday blamed Southwest CEO Bob Jordan for the airline’s sagging fortunes — hours after the embattled carrier raised its outlook for profits and revenue. Elliott, led by billionaire Paul Singer, reaffirmed its intent to call a special meeting to oust the current board and encouraged shareholders to confirm … Read more
BALTIMORE — A group of Baltimore longshoremen have sued the owner and manager of the ship that caused the Francis Scott Key Bridge collapse, arguing the companies should compensate them for wages lost while the port was closed in the aftermath of the deadly disaster. The class action lawsuit adds to a slew of other … Read more
Tiger Woods speaks during the launch of Tiger Woods and TaylorMade Golf’s new apparel and footwear brand “Sun Day Red” at Palisades Village on February 12, 2024 in Pacific Palisades, California. Kevork Djansezian | Getty Images Sport | Getty Images Tiger Woods’ new logo for his Sunday Red golf apparel line is facing a trademark … Read more
Vice President and Democratic presidential candidate Kamala Harris speaks at the Philip Chosky Theatre during a campaign event in Pittsburgh, Pennsylvania, on September 25, 2024. Jim Watson | AFP | Getty Images A majority of millionaire investors said they plan to vote for Vice President Kamala Harris in November, even though they give former President … Read more
Nikola Jokic, #15 of the Denver Nuggets, shoots the ball against Bones Hyland, #5, and Norman Powell, #24, of the Los Angeles Clippers during the second half of a preseason game at Crypto.com Arena in Los Angeles on October 19, 2023. Kevork Djansezian | Getty Images Local fans of the NBA’s Denver Nuggets and the … Read more
New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot on October 03, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images DETROIT — U.S. sales of new vehicles are expected to have struggled during the third quarter amid economic and political uncertainties, as well as elevated interest rates and … Read more
Mark Zuckerberg will be deposed as part of a lawsuit from authors including comedian Sarah Silverman accusing Meta of stealing their content to train its artificial intelligence assistant. US District Judge Thomas Hixson on Tuesday dismissed Meta’s bid to block the deposition of Zuckerberg on evidence submitted by the authors that the tech billionaire is … Read more
The average rate on a 30-year mortgage in the U.S. slipped to its lowest level in two years, boosting home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs. The rate dipped to 6.08% from to 6.09% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate … Read more
MILWAUKEE — Junior Bridgeman played for the Milwaukee Bucks long enough to retire as the team leader in games played and performed well enough that his jersey hangs from the Fiserv Forum rafters. Now the basketball player-turned-entrepreneur has purchased a stake in the team. The Bucks announced Bridgeman’s purchase in a news conference that included … Read more