The number of Americans filing for unemployment benefits last week jumped to its highest level in a year, which analysts are saying is more likely a result of Hurricane Helene — and the Boeing machinist strike — than a broader softening in the labor market. The Labor Department reported Thursday that applications for jobless claims … Read more
A manufacturer of IV fluids critical to hospitals nationwide said Thursday that its Florida factory and distribution center were left intact after Hurricane Milton tore through the state. B. Braun Medical Inc. said it would provide more details later Thursday about the Daytona Beach factory. The company had said earlier this week that it was … Read more
Getty Images A major shake-up of workers’ rights is on its way, but the reforms proposed are still being worked out and it is still unclear how some will work in practice. Changes could still be made before most of them take effect in two years’ time, but here is what is being proposed and … Read more
LONDON — Britain’s new Labour government unveiled Thursday a slew of new rights for millions of workers, including more generous rules for sick pay and parental leave and major restrictions on certain employment practices such as fire and rehire — a package of measures described by ministers as the biggest overhaul of workers’ rights in … Read more
JAKARTA, Indonesia — Indonesia’s immigration officers on the tourist island of Bali have arrested a Chinese suspect sought by Beijing for helping run over $14 billion investment scam to clients in China, officials said Thursday. The 39-year-old man, identified only by his initial, LQ, was arrested on Oct. 1, when an immigration auto-gate in Bali’s … Read more
Inflation came in hotter than expected last month — dimming hopes for another big interest rate cut from the Federal Reserve next month. The Consumer Price Index rose 2.4% versus a year ago in September, slightly above the 2.3% increase economists had expected, the Labor Department said on Thursday. Month-over-month, the CPI rose 0.2% — … Read more
WREXHAM, Wales — Clutching a pint of Guinness in one hand and flicking through photos on his cell phone in the other, Nestor Aguedelo laughed and joked with his wife and sister-in-law in a corner of The Turf, a pub in north Wales that has rapidly become one of Britain’s most unlikely tourist hot spots. … Read more
NEW DELHI, India — Firdosa Jan, a Kashmiri housewife, is making tea in her home kitchen. The packet she gets the leaves from has Tata Tea Gold printed on it. Hundreds of miles away in the northeastern Indian state of Nagaland 25-year-old Teisovinuo Yhome is cooking a dish on an open fire, using Tata salt … Read more
The biggest names in sports are joining forces in a new campaign to combat antisemitism. New England Patriots owner Robert Kraft and his foundation unveiled a star-studded ad titled “Time Out Against Hate” on Thursday in collaboration with Major League Baseball, Major League Soccer, the National Basketball Association, the Women’s National Basketball Association, the National … Read more
Third-quarter earnings fell 26% at Delta Air Lines, which struggled to overcome a global technology outage that led to thousands of flight cancellations, and indications that growth in air travel is beginning to slow. Delta earned $971 million, down from $1.31 billion a year earlier. Revenue rose slightly, but spending on labor, airport landing fees … Read more