ReportWire

Tag: business news

  • New York Times, AP, Newsmax Among News Outlets Who Say They Won’t Sign New Pentagon Rules

    [ad_1]

    News organizations including The New York Times, The Associated Press and the conservative Newsmax television network said Monday they will not sign a Defense Department document about its new press rules, making it likely the Trump administration will evict their reporters from the Pentagon.

    Those outlets say the policy threatens to punish them for routine news gathering protected by the First Amendment. The Washington Post and The Atlantic on Monday also publicly joined the group that says it will not be signing.

    Defense Secretary Pete Hegseth reacted by posting the Times’ statement on X and adding a hand-waving emoji. His team has said that reporters who don’t acknowledge the policy in writing by Tuesday must turn in badges admitting them to the Pentagon and clear out their workspaces the next day.

    The new rules bar journalist access to large swaths of the Pentagon without an escort and say Hegseth can revoke press access to reporters who ask anyone in the Defense Department for information — classified or otherwise — that he has not approved for release.

    Newsmax, whose on-air journalists are generally supportive of President Donald Trump’s administration, said that “we believe the requirements are unnecessary and onerous and hope that the Pentagon will review the matter further.”

    Chief Pentagon spokesman Sean Parnell said the rules establish “common sense media procedures.”

    “The policy does not ask for them to agree, just to acknowledge that they understand what our policy is,” Parnell said. “This has caused reporters to have a full blown meltdown, crying victim online. We stand by our policy because it’s what’s best for our troops and the national security of this country.”

    Hegseth also reposted a question from a follower who asked, “Is this because they can’t roam the Pentagon freely? Do they believe they deserve unrestricted access to a highly classified military installation under the First Amendment?”

    Hegseth answered, “yes.” Reporters say neither of those assertions is true.

    Pentagon reporters say signing the statement amounts to admitting that reporting any information that hasn’t been government-approved is harming national security. “That’s simply not true,” said David Schulz, director of Yale University’s Media Freedom & Information Access Clinic.

    Journalists have said they’ve long worn badges and don’t access classified areas, nor do they report information that risks putting any Americans in harm’s way.

    “The Pentagon certainly has the right to make its own policies, within the constraints of the law,” the Pentagon Press Association said in a statement on Monday. “There is no need or justification, however, for it to require reporters to affirm their understanding of vague, likely unconstitutional policies as a precondition to reporting from Pentagon facilities.”

    Noting that taxpayers pay nearly $1 trillion annually to the U.S. military, Times Washington bureau chief Richard Stevenson said “the public has a right to know how the government and military are operating.”

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Photos You Should See – Oct. 2025

    [ad_2]

    Associated Press

    Source link

  • Research Reports & Trade Ideas – Yahoo Finance

    [ad_1]

    Analyst Report: Fedex Corp

    [ad_2]

    Source link

  • Lebanon’s President Says Negotiations With Israel Needed as War Led to No Positive Results

    [ad_1]

    BEIRUT (AP) — Lebanon’s president said Monday that his country and Israel should negotiate to solve pending problems between them since war didn’t lead to any positive results.

    The comments by President Joseph Aoun came after U.S. counterpart Donald Trump brokered a ceasefire deal between Israel and Hamas in the more than two-year war, which started when the Palestinian militant group led an attack on southern Israel on Oct. 7, 2023, killing 1,200 people and taking 251 hostage.

    A day after the Israel-Hamas war began, Lebanon’s Hezbollah started attacking Israeli military posts along the border in what it called a “backup front” for Gaza. The Israel-Hezbollah conflict intensified into full-blown fighting nearly a year later, during which the Lebanese group suffered heavy losses and many of its political and military commanders were killed.

    Since the 14-month Israel-Hezbollah war ended with a U.S.-brokered ceasefire in November, Israel has carried out almost daily airstrikes on Lebanon that left scores of people dead, many of them civilians.

    “Lebanon negotiated in the past with Israel with mediation by the United States and the United Nations,” Aoun said, adding that these talks led to the 2022 agreement between the two countries over their maritime border.

    “What prevents repeating the same thing to find solutions to pending matters especially that war did not lead to results?” Aoun asked. He said that the atmosphere in the Middle East is that of deals and agreements, and that how the negotiations will take place can be decided at the time.

    “Conditions are moving toward negotiations to achieve peace and stability,” Aoun said. “Therefore we say that through dialogue and negotiations solutions can be reached.”

    “We cannot be outside the ongoing track in the region,” Aoun said in comments while meeting a group of Lebanese business journalists.

    Speaking at Israel’s parliament on Monday, Trump told Israeli lawmakers that their country had no more to achieve on the battlefield and must work toward peace in the Middle East after more than two years of war against Hamas and skirmishes with Hezbollah and Iran.

    In August, the Lebanese government made a decision to disarm Hezbollah by the end of the year, but officials later said that resources were too limited to meet the deadline. The current aim is to fully clear a stretch along the Lebanon-Israel border, defined as south of the Litani River, by the end of November before moving into further phases.

    Hezbollah has rejected the plan, saying it won’t discuss disarmament as long as Israel continues to occupy several hills along the border and carries out almost daily strikes.

    Trump praised Aoun in his speech in Jerusalem, saying his administration is helping the Lebanese leader “to permanently disarm Hezbollah’s terror brigades. He’s doing very well.”

    “The dagger of Hezbollah, long aimed at Israel’s throat, has been totally shattered,” Trump said.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Photos You Should See – Oct. 2025

    [ad_2]

    Associated Press

    Source link

  • The Nobel Economics Prize Is Set to Be Announced Monday

    [ad_1]

    Last year’s award went to three economists — Daron Acemoglu, Simon Johnson and James A. Robinson — who studied why some countries are rich and others poor and have documented that freer, open societies are more likely to prosper.

    The economics prize is formally known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. The central bank established it in 1968 as a memorial to Nobel, the 19th-century Swedish businessman and chemist who invented dynamite and established the five Nobel Prizes.

    Since then, it has been awarded 56 times to a total of 96 laureates. Only three of the winners before Monday’s announcement were women.

    Nobel purists stress that the economics prize is technically not a Nobel Prize, but it is always presented together with the others on Dec. 10, the anniversary of Nobel’s death in 1896.

    Corder reported from The Hague, Netherlands.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Photos You Should See – Oct. 2025

    [ad_2]

    Associated Press

    Source link

  • Asian Shares Skid After Wall Street Tumbles to Its Worst Day Since April as China Trade Woes Worsen

    [ad_1]

    BANGKOK (AP) — Asian shares tumbled on Monday as escalating trade tensions with China shattered a monthslong calm on Wall Street.

    U.S. stocks skidded on Friday after President Donald Trump threatened to crank tariffs higher on China, signaling more trouble ahead between the two biggest economies. He was responding to restrictions Beijing is imposing on exports of rare earths, which are materials that are critical for the manufacturing of everything from consumer electronics to jet engines.

    But U.S. futures advanced, with the contract for the S&P 500 gaining 1.2% while that for the Dow Jones Industrial Average gained 0.8%.

    China reported its global exports rose 8.3% in September from a year earlier, the strongest growth in six months and further evidence that its manufacturers are shifting sales from the U.S. to other markets.

    Exports to the U.S. tumbled 27% year-on-year last month, customs data showed.

    In Hong Kong, the Hang Seng sank 3.5% to 25,374.00.

    Most other major regional markets logged losses of more than 1%.

    The Shanghai Composite index dropped 1.3% to 3,846.25 and the Kospi in South Korea gave up 1.7% to 3,550.32.

    Australia’s S&P/ASX 200 declined 0.9% to 8,882.60. Taiwan’s Taiex shed 1.7% and India’s Sensex was down 0.5%.

    Markets in Tokyo were closed for a holiday.

    On Friday, the S&P 500 sank 2.7% in its worst day since April, closing at 6,552.51. The Dow Jones Industrial Average dropped 1.9% to 45,479.60, and the Nasdaq composite lost 3.6% to 22,204.43.

    The setback reflected signs of a re-escalation of the trade war.

    “We have been contacted by other Countries who are extremely angry at this great Trade hostility, which came out of nowhere,” Trump wrote on Truth Social, alluding to Beijing. He also said “now there seems to be no reason” to meet with China’s leader, Xi Jinping, after earlier agreeing to do so as part of an upcoming trip to South Korea.

    Roughly six out of every seven stocks within the S&P 500 fell. Nearly everything weakened, from Big Tech companies like Nvidia and Apple to stocks of smaller companies looking to get past uncertainty about tariffs and trade.

    The market may have been primed for a slide. U.S. stocks were already facing criticism that their prices had shot too high following the S&P 500’s nearly relentless 35% run from a low in April. The index, which dictates the movements for many 401(k) accounts, is still near its all-time high set earlier in the week.

    Some of Friday’s strongest action was in the oil market, where the price of a barrel of benchmark U.S. crude sank 4.2% to $58.90.

    Losses accelerated following Trump’s tariff threat, which could gum up global trade and lead the economy to burn less fuel.

    Brent crude, the international standard, dropped 3.8% to $62.73 per barrel. However, early Monday it was trading 92 cents higher at $63.65 per barrel. U.S. benchmark crude oil gained 88 cents to $59.78 per barrel.

    In the bond market, the yield on the 10-year Treasury sank to 4.05% from 4.14% late Thursday.

    It had already been lower before Trump made his threats, as a report from the University of Michigan suggested that sentiment among U.S. consumers remains in the doldrums.

    In other dealings early Monday, the dollar fell to 151.87 Japanese yen from 151.89 yen late Friday. The euro climbed to $1.1627 from $1.1614.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Photos You Should See – Oct. 2025

    [ad_2]

    Associated Press

    Source link

  • Michelle Obama’s Girls Opportunity Alliance Pledges $2.5 Million for Grassroots Education for Girls

    [ad_1]

    NEW YORK (AP) — Former first lady Michelle Obama is putting new force behind efforts to ensure girls overcome educational barriers in some of the world’s most economically disadvantaged areas.

    The Obama Foundation’s Girls Opportunity Alliance pledged Saturday to rally $2.5 million for dozens of grassroots groups who advance adolescent girls’ education by covering school-related costs, challenging patriarchal practices such as child marriage, counseling survivors of sexual abuse and providing other forms of support.

    “These groups are changing the way girls see themselves in their own communities and in our world, helping create the leaders we need for the brighter future we all deserve,” Obama said in a video released Oct. 11, the International Day of the Girl. “Because when our girls succeed, we all do.”

    Nearly three-quarters of the 119 million girls out of school worldwide are of secondary school-age, according to the United Nations Children’s Fund. Girls Opportunity Alliance — an outgrowth of an Obama White House initiative that invested $1 billion in U.S. government programs promoting adolescent girls’ education abroad — launched in 2018 with a focus on helping that population between ages 10-19 graduate.

    But the latest announcement comes amid stark warnings from international aid groups that budget cuts will roll back recent progress. UNICEF projects that a 24% drop in wealthy countries’ global education funding will push six million girls out of school by the end of next year.

    “The need right now, I think more than ever, is crucial,” Girls Opportunity Alliance Executive Director Tiffany Drake said. “We were just in Mauritius and we heard it time and time again that organizations need funding. They need support.”

    Girls Opportunity Alliance’s early October convening in Mauritius brought together Asian and African members of its network. The great demands on local leaders doing tireless work with little resources made it, in Drake’s view, perhaps the most moving gathering they’ve hosted.

    But Jackie Bomboma, the founder of Young Strong Mothers Foundation in Tanzania, said connecting with other powerful women there left her encouraged with the knowledge that she’s not alone. A recipient of GOA’s latest grants, she said the Obama Foundation’s endorsement not only brings financial support, but increased trust from the international community and additional channels to get resources.

    Growing up without a mother and having survived teenage pregnancy, Bomboma said Obama’s example has also instilled confidence in her and the girls she serves. Her nonprofit provides psychological services, vocational training, entrepreneurship skills development and sexual health lessons to hundreds of girls at risk of child marriage, teenage pregnancy and school dropout.

    “We call ourselves ‘watoto wa Michelle Obama,’ which means ‘the children of Michelle Obama,’” she said. “So, everyone feels so proud to have such a mother who is very strong, who is very powerful and who is very loving.”

    The Girls Opportunity Alliance fund is intentionally designed to provide a range of support. Drake said anyone can apply for up to $50,000. The grant does not support general operations but instead goes toward a specific project outlined by the recipient.

    Once they’ve joined the network, community leaders have access to monthly training sessions online and in-person gatherings, where they share strategies and learn from larger nongovernmental organizations such as UNICEF and Save the Children.

    Girls Opportunity Alliance funds an undisclosed amount and then uses its wide reach to help organizations raise the rest on GoFundMe pages. The campaigns are promoted publicly on its social media accounts and throughout its donor network of celebrities and corporations.

    The idea, according to Drake, was to use their “megaphone” to heap additional attention on and garner more support for organizations that often struggle to get by in more remote locations. Girls Opportunity Alliance hopes everyday individuals are inspired to join them.

    “We didn’t want to just tell people and say, ‘Google how you can help,’ Drake said. “We wanted to give them a place where they can take action.”

    Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Photos You Should See – Oct. 2025

    [ad_2]

    Associated Press

    Source link

  • China Hits US Ships With Retaliatory Port Fees Before Trade Talks

    [ad_1]

    HONG KONG (AP) — China has hit U.S.-owned vessels docking in the country with tit-for-tat port fees, in response to the American government’s planned port fees on Chinese ships, expanding a string of retaliatory measures before trade talks between U.S. President Donald Trump and Chinese leader Xi Jinping.

    Vessels owned or operated by American companies or individuals, and ships built in the U.S. or flying the American flag, would be subjected to a 400 yuan ($56) per net ton fee per voyage if they dock in China, China’s Ministry of Transport said on Friday.

    The fees would be applied on the same ship for a maximum of five voyages each year, and would rise every year until 2028, when it would hike to 1,120 yuan ($157) per net ton, the ministry said. They would take effect on Oct. 14, the same day when the United States is due to start imposing port fees on Chinese vessels.

    China’s Ministry of Transport said on Friday in a statement that its special fees on American vessels are “countermeasures” in response to “wrongful” U.S. practices, referring to the planned U.S. port fees on Chinese vessels.

    The ministry also slammed the United States’ port fees as “discriminatory” that would “severely damage the legitimate interests of China’s shipping industry” and “seriously undermine” international economic and trade order.

    China has announced a string of trade measures and restrictions before an expected meeting between Trump and Xi on the sidelines of the Asia-Pacific Economic Cooperation forum in South Korea that begins at the end of October. On Thursday, Beijing unveiled new curbs on exports of rare earths and related technologies, as well as new restrictions on the export of some lithium battery and related production equipment.

    The port fees announced by Beijing on Friday mirrors many aspects of the U.S. port fees on Chinese ships docking in American ports. Under Washington’s plans, Chinese-owned or -operated ships will be charged $50 per net ton for each voyage to the U.S., which would then rise by $30 per net ton each year until 2028. Each vessel would be charged no more than five times per year.

    China’s new port fee is “not just a symbolic move,” said Kun Cao, deputy chief executive at consulting firm Reddal. “It explicitly targets any ship with meaningful U.S. links — ownership, operation, flag, or build — and scales steeply with ship size.”

    The “real bite is on U.S.-owned and operated vessels,” he said, adding that North America accounts for roughly 5% of the world fleet by beneficial ownership, which is still a meaningful figure although not as huge as compared to Greek, Chinese and Japanese ship owners.

    However, the United States has only about 0.1% of global commercial shipbuilding market share in recent years and built fewer than 10 commercial ships last year, Reddal added.

    While shipping analysts have said that the U.S. port fees on Chinese vessels would likely have limited impact on trade and freight rates as some shipping companies have been redeploying their fleets to avoid the extra charge, shipping data provider Alphaliner warned last month in a report that the U.S. port fees could still cost up to $3.2 billion next year for the world’s top 10 carriers.

    This story has been corrected to show that the Alphaliner report was from last month, not this month.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Photos You Should See – Oct. 2025

    [ad_2]

    Associated Press

    Source link

  • Research Reports & Trade Ideas – Yahoo Finance

    [ad_1]

    Daily Spotlight: Raising GDP Forecasts

    [ad_2]

    Source link

  • Research Reports & Trade Ideas – Yahoo Finance

    [ad_1]

    Technical Assessment: Bullish in the Intermediate-Term

    [ad_2]

    Source link

  • Research Reports & Trade Ideas – Yahoo Finance

    [ad_1]

    Daily Spotlight: State of Global Demand for U.S. Debt

    [ad_2]

    Source link

  • PepsiCo Reports Strong Third Quarter Sales Despite Weakening Demand in North America

    [ad_1]

    PepsiCo reported better-than-expected revenue in the third quarter despite weaker demand for its snacks and drinks in North America.

    Revenue rose 2.6% to $23.94 billion in the July-September period. That was better than the $23.84 billion Wall Street was expecting, according to analysts polled by FactSet.

    In North America, PepsiCo said sales volumes for its Frito-Lay snacks and other foods fell 2% in the quarter while sales volumes for its beverages were down 3%. Sales volumes were higher in Latin America and Asia.

    Net income fell 11% to $2.6 billion. Adjusted for one-time items, the company earned $2.29 per share. That also beat analysts’ forecasts of $2.26.

    The company, based in Purchase, New York, said Thursday that its feeling some pressure from Elliott Investment Management, an activist investor that recently took a $4 billion stake in PepsiCo.

    In a letter sent to PepsiCo’s board last month, Elliott said the company has been hurt by loss of market share in its North American beverage business and slowing growth and weaker profits in its North American food business.

    Elliott wants PepsiCo to slim down its food and beverage portfolio so it can reinvest in core brands like Mountain Dew or new products like protein snacks. It also wants the company to consider refranchising its North American bottlers, an action that its rival Coca-Cola took in 2017.

    Shares of PepsiCo Inc. are up a fraction before the opening bell Thursday.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Photos You Should See – Oct. 2025

    [ad_2]

    Associated Press

    Source link

  • Asian Shares Advance and Oil Prices Fall as Israel and Hamas Agree to Pause Fighting

    [ad_1]

    MANILA, Philippines (AP) — Asian shares were mostly higher on Thursday after US stocks hit records again following a brief stumble.

    Markets in mainland China gained more than 1% as they reopened following a weeklong holiday, while U.S. futures declined.

    Oil prices fell back after Israel and Hamas agreed Wednesday to pause fighting in Gaza so that the remaining hostages there can be freed in the coming days in exchange for Palestinian prisoners.

    U.S. benchmark crude slid 44 cents to $62.11 per barrel. Brent crude, the international standard, shed 38 cents to $65.87 per barrel.

    Gold shed some of its stellar gains but was still at $4,048.20 per ounce as of Thursday morning.

    Japan’s Nikkei 225 rose 1.3% to 48,369.90 as SoftBank Group surged over 11% amid its further expansion into artificial intelligence.

    On Wednesday, SoftBank announced a $5.4 billion deal to acquire the robotics unit of Swiss engineering firm ABB.

    Hong Kong’s Hang Seng index edged up less than 0.1% to 26,840.95, while the Shanghai Composite index added 1.2% to 3,931.07 in its first trading session since Oct. 1.

    Australia’s S&P/ASX 200 edged up 0.2% to 8,965.90 while Taiwan’s Taiex rose 1.3%.

    On Wednesday, Wall Street resumed climbing and the price of gold pushed further past $4,000 per ounce.

    The S&P 500 rose 0.6% to 6,735.72, another record, a day after snapping a seven-day winning streak. The Dow Jones Industrial Average edged less than 0.1% lower to 46,601.78, while the Nasdaq composite rose 1.1% to its own record of 23,043.38.

    Advanced Micro Devices jumped another 11.4% to add to its rally from earlier in the week, when it announced an AI-related deal. AMD was the best performing stock in the S&P 500.

    Right behind was Dell Technologies, which piled more gains onto its own rally from Tuesday, when it talked up its growth opportunities related to AI. Dell rose 9.1%.

    Poet Technologies climbed 17% and likewise added to its surge from Tuesday, when it said it raised $75 million in investment to accelerate its growth. The company sells high-speed optical engines and other products used in the AI systems market.

    AI-related stocks have broadly been on a tear. Nvidia has soared nearly 41% so far this year. Oracle is up 73.2% over the same time, while Palantir Technologies has more than doubled with a nearly 143% surge.

    The performances have been so strong that criticism is rising about prices having gone too far, like they did during the 2000 dot-com mania. That bubble ultimately imploded, and the S&P 500 halved in value.

    In other dealings early Thursday, the U.S. dollar fell to 152.57 Japanese yen from 152.70 yen. The euro rose to $1.1646 from $1.1629.

    AP Business Writers Stan Choe, Matt Ott and Kelvin Chan contributed.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Photos You Should See – Oct. 2025

    [ad_2]

    Associated Press

    Source link

  • Research Reports & Trade Ideas – Yahoo Finance

    [ad_1]

    Analyst Report: McCormick & Co., Inc.

    [ad_2]

    Source link

  • Research Reports & Trade Ideas – Yahoo Finance

    [ad_1]

    Market Update: MKC

    [ad_2]

    Source link

  • Staffing Shortages Cause More US Flight Delays as Government Shutdown Reaches 7th Day

    [ad_1]

    Staffing shortages led to more flight delays at airports across the U.S. on Tuesday as the federal government shutdown stretched into a seventh day, while union leaders for air traffic controllers and airport security screeners warned the situation was likely to get worse.

    The Federal Aviation Administration reported staffing issues at airports in Nashville, Boston, Dallas, Chicago and Philadelphia, and at its air traffic control centers in Atlanta, Houston and the Dallas-Fort Worth area. The agency temporarily slowed takeoffs of planes headed to the first three cities.

    Flight disruptions a day earlier also were tied to insufficient staffing during the shutdown, which began Oct. 1. The FAA reported issues on Monday at the airports in Burbank, California; Newark, New Jersey; and Denver.

    Despite the traffic snags, about 92% of the more than 23,600 flights departing from U.S. airports as of Tuesday afternoon took off on time, according to aviation analytics firm Cirium.

    But the risk of wider impacts to the U.S. aviation system “is growing by the day” as federal workers whose jobs are deemed critical continue working without pay, travel industry analyst Henry Harteveldt said. The longer the shutdown drags on, the more likely it is to affect holiday travel plans in November, he said.

    “I’m gravely concerned that if the government remains shut down then, that it could disrupt, and possibly ruin, millions of Americans’ Thanksgiving holidays,” Harteveldt said in a statement.

    Transportation Secretary Sean Duffy said Monday that there has already been an uptick in air traffic controllers calling out sick at a few locations. When there aren’t enough controllers, the FAA must reduce the number of takeoffs and landings to maintain safety, which in turn causes flight delays and possible cancellations.

    That’s what happened Monday afternoon, when the control tower at Southern California’s Hollywood Burbank Airport shut down for several hours, leading to average delays of two-and-a-half hours.

    When a pilot preparing for takeoff radioed the tower, according to communications recorded by LiveATC.net, he was told: “The tower is closed due to staffing.”

    Nick Daniels, president of the National Air Traffic Controllers Association, said the shutdown highlighted some issues his union’s members already face on a regular basis due to a national airspace system that is critically understaffed and relies on outdated equipment that tends to fail.

    A couple of controllers missing work can have a big impact at a small airport already operating with limited tower staffing, he said.

    “It’s not like we have other controllers that can suddenly come to that facility and staff them. There’s not enough people there,” Daniels said Tuesday. “There’s no overtime, and you have to be certified in that facility.”

    Air travel complications are likely to expand once a regularly scheduled payday arrives next week and air traffic controllers and TSA officers don’t receive any money, the union leader said. If the impasse between Republican and Democratic lawmakers on reopening the government persists, the workers will come under more pressure as their personal bills come due, Daniels said.

    “It’s completely unfair that an air traffic controller is the one that holds the burden of ‘see how long you can hang in there in order to allow this political process to play out,’” he said.

    Johnny Jones, secretary-treasurer of the American Federation of Government Employees chapter that represents TSA workers, said he was hearing concerns from members about how they will be able to pay bills, including child support and mortgage payments, and if they’re at risk for termination if they have to miss work during the shutdown.

    “The employees are struggling. They’re assessing what they need to do and they’re assessing how this is all going to work out,” said Jones, who has worked as a screener since the TSA was established.

    Some TSA officers already have called in sick, but Jones said he did not think the numbers were big enough to cause significant problems and delays at airports.

    Aviation unions and U.S. airlines have called for the shutdown to end as soon as possible.

    The unions are also making appeals to food banks, grocery chains and airports to secure support for workers during the shutdown. Hartsfield-Jackson Atlanta International Airport was offering federal workers $15 food vouchers and allowing them to park in the terminal, according to Jones.

    John Tiliacos, the chief operating officer of Florida‘s Tampa International Airport, said the facility started preparing for the shutdown well before it began.

    Nicknamed “Operation Bald Eagle 2” among airport staff, the efforts center around pulling together resources for the roughly 11,000 federal employees who are working at the airport without pay, including security screeners and air traffic controllers.

    Tiliacos said the help would include a food pantry, free bus rides to work and a program with the local utility provider to keep the lights on at the homes of the workers.

    “Whatever we can do to make life a little easier for these federal employees that allows them to continue coming to work and focus on keeping our airport operational, that’s what we’re prepared to do,” he said.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Photos You Should See – Sept. 2025

    [ad_2]

    Associated Press

    Source link

  • Research Reports & Trade Ideas – Yahoo Finance

    [ad_1]

    Analyst Report: Fifth Third Bancorp

    [ad_2]

    Source link

  • Slovak Leader Announces a Deal With US on a New Nuclear Reactor

    [ad_1]

    BRATISLAVA, Slovakia (AP) — Slovakia’s populist Prime Minister Robert Fico said Tuesday his government has approved an agreement with the United States to build an additional nuclear reactor.

    Fico announced the multi-billion-dollar deal during a speech at an annual nuclear conference in the Slovak capital. He said that the new reactor will be built at the existing nuclear plant in Jaslovské Bohunice in western Slovakia, will have an output of over 1,000 megawatts and be fully owned by the state.

    It was unclear when the two governments will sign the deal.

    Fico didn’t gave more details but his government had approved a plan last year for a 1,200-megawatt nuclear unit at the site where the dominant utility Slovenské Elektrárně (Slovak power plants) currently operates two nuclear units. The cost of the project was estimated to reach up to 15 billion euros ($17.5 billion).

    The government originally planned to find the builder in a public tender but recently said it was negotiating a direct deal with with U.S. company Westinghouse.

    Slovakia heavily relies on nuclear energy and currently generates over 80% of its electricity at two nuclear plants.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Photos You Should See – Sept. 2025

    [ad_2]

    Associated Press

    Source link

  • Google’s Play Store Shake-Up Looms After Supreme Court Refuses to Delay Overhaul of the Monopoly

    [ad_1]

    The U.S. Supreme Court on Monday refused to protect Google from a year-old order requiring a major makeover of its Android app store that’s designed to unleash more competition against a system that a jury declared an illegal monopoly.

    The rebuff delivered in a one-sentence decision by the Supreme Court means Google will soon have to start an overhaul of its Play Store for the apps running on the Android software that powers most smartphones that compete against Apple’s iPhone in the U.S.

    Among other changes, U.S. District Judge James Donato last October ordered Google to give its competitors access to its entire inventory of Android apps and also make those alternative options available to download from the Play Store.

    In a filing last month, Google told the U.S. Supreme Court that Donato’s order would expose the Play Store’s more than 100 million U.S. users to “enormous security and safety risks by enabling stores that stock malicious, deceptive, or pirated content to proliferate.”

    Google also said it faced an Oct. 22 deadline to begin complying with the judge’s order if the Supreme Court didn’t grant its request for a stay. The Mountain View, California, company was seeking the protection while pursuing a last-ditch attempt to overturn the December 2023 jury verdict that condemned the Play Store as an abusive monopoly.

    In a statement, Google said it will continue its fight in the Supreme Court while submitting to what it believes is a problematic order. “The changes ordered by the U.S. District Court will jeopardize users’ ability to safely download apps,” Google warned.

    Google had been insulated from the order while trying to overturn it and the monopoly verdict, but the Ninth Circuit Court of Appeals rejected that attempt in a decision issued two months ago.

    In its filing with the Supreme Court, Google argued it was being unfairly turned into a supplier and distributor for would-be rivals.

    Donato concluded the digital walls shielding the Play Store from competition needed to be torn down to counteract a pattern of abusive behavior. The conduct had enabled Google to to reap billions of dollars in annual profits, primarily from its exclusive control of a payment processing system that collected a 15-30% fee on in-app transactions.

    Those commissions were the focal point of an antitrust lawsuit that video game maker Epic Games filed against Google in 2020, setting up a month-long trial in San Francisco federal court that culminated in the jury’s monopoly verdict.

    Epic, the maker of the Fortnite game, lost a similar antitrust case targeting Apple’s iPhone app store. Even though U.S. District Judge Yvonne Gonzalez-Rodgers concluded the iPhone app store wasn’t an illegal monopoly, she ordered Apple to begin allowing links to alternative payment systems as part of a shake-up that resulted in the company being held in civil contempt of court earlier this year.

    In a post, Epic CEO Tim Sweeney applauded the Supreme Court for clearing the way for consumers to choose alternative app payment choices “without fees, scare screens, and friction.”

    Although the Play Store changes will likely dent Google’s profit, the company makes most of its money from a digital ad network that’s anchored by its dominant search engine — the pillars of an internet empire that has been under attack on other legal fronts.

    A federal judge in the search engine case earlier this year rejected a proposed break-up outlined by the Justice Department i n a decision that was widely seen as a reprieve for Google. The government is now seeking to break up Google in the advertising technology case during proceedings that are scheduled to wrap up with closing arguments on Nov. 17 in Alexandria, Virginia.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Photos You Should See – Sept. 2025

    [ad_2]

    Associated Press

    Source link

  • The Look Back: 10 September business stories readers couldn’t get enough of

    [ad_1]

    This set of Star-Telegram stories reports on North Texas business news. Toys ‘R’ Us tries a comeback with a new store at Grapevine Mills, while Fort Worth’s Standard Meat Company revives local meat production with a new plant in the Stockyards.

    Read the stories below.


    No image found

    THIS NEW YORK COOKIE CHAIN WILL OPEN ITS FIRST TEXAS LOCATION IN DFW SOON

    New York City-based cookie chain Chip City Cookies will open its first DFW location in McKinney soon. | Published September 11, 2025 | Read Full Story by Ella Gonzales

    Tandy Leather Factory Inc’.s retail store at 1900 South East Loop 820 in Fort Worth. The company is opening a new flagship store in Artisan Circle.

    TANDY LEATHER, THE ICONIC FORT WORTH BRAND SINCE 1919, ANNOUNCES BIG MOVES

    Tandy Leather Factory Inc., founded in Fort Worth more than a century ago, announced Monday it will open a new flagship store in the Artisan Circle development of the West 7th district. | Published September 15, 2025 | Read Full Story by Fousia Abdullahi



    City officials and local dignitaries gather for a photo with Standard Meat Company Co-Presidents Ben Rosenthal and Ashli Rosenthal Blumenfield during a ribbon cutting ceremony to celebrate the opening of their new meat packing plant near the Fort Worth Stockyards on Wednesday, Sept. 17, 2025. By Chris Torres

    FORT WORTH FAMILY MARKS 90 YEARS IN MEAT-PACKING BUSINESS WITH NEW STOCKYARDS PLANT

    Four generations of the Rosenthal family have stewarded the Standard Meat Company through ups and downs of business throughout the company’s 90-year tenure in Fort Worth. | Published September 18, 2025 | Read Full Story by Harrison Mantas



    GM Financial has headquarters in the Burnett Plaza office tower in downtown Fort Worth. In this file photo from Feb. 13, 2006, the “Man with a Briefcase” statue is seen in front of the skyscraper. By Ron T. Ennis

    GM FINANCIAL, BASED IN FORT WORTH, HAS EARNED A PRESTIGIOUS PENTAGON AWARD

    GM Financial, whose headquarters in Fort Worth is one of the largest employers in Tarrant County, will receive this week the U.S. | Published September 15, 2025 | Read Full Story by Matt Leclercq



    Steak and shrimp at La Familia Mexican Restaurant on Wednesday, May 18, 2011. By Rodger Mallison

    ‘ANOTHER EMPTY SPOT’: THIS LONGTIME MEXICAN RESTAURANT IN WEST 7TH IS NOW CLOSED

    La Familia Mexican Restaurant, located at 841 Foch St., has closed. | Published September 19, 2025 | Read Full Story by Ella Gonzales



    The Alcon Laboratories executive offices on Thursday, July 30, 2009. By Kelley Chinn

    FORT WORTH CONSIDERS TAX BREAKS TO BRING MEDICAL MANUFACTURING JOBS FROM EUROPE

    Fort Worth-born eye care device company Alcon is looking to bring some of its manufacturing to the United States, and the city of Fort Worth wants to help. | Published September 23, 2025 | Read Full Story by Harrison Mantas



    Nov. 23, 2007: Black Friday shoppers Nicole Fore (left), Justin Shields and his sister Jackie Shields leave Toys R Us with bags of Christmas shopping in Hurst. By IAN MCVEA

    TOYS ‘R’ US IS BACK IN NORTH TEXAS WITH A NEW, BIGGER STORE. HERE’S WHERE

    If you grew up wandering the colorful aisles of Toys “R” Us, you probably thought the brand was gone for good. | Published September 23, 2025 | Read Full Story by Tiffani Jackson



    A new Kroger will open in Fort Worth off Bonds Ranch Road with a local, artisanal coffee shop called Pax & Beneficia. By Michael Clevenger

    KROGER ON BONDS RANCH ROAD WILL BE FIRST WITH THIS PREMIUM, ARTISAN COFFEE SHOP

    The new Kroger Marketplace opening soon on East Bonds Ranch Road won’t have the typical Starbucks cafe inside, like many other Kroger locations. | Published September 25, 2025 | Read Full Story by Ella Gonzales



    An American Airlines airplane taxis to a runway at Dallas Fort Worth International Airport on Tuesday, Nov. 19, 2024. By Amanda McCoy

    AMERICAN AIRLINES REFUSED TO ACCOMMODATE BLIND EMPLOYEE, THEN FIRED HER: LAWSUIT

    The EEOC is suing American Airlines in a federal lawsuit alleging that the Fort Worth-based airline refused to provide accommodation for a blind employee, then fired her, officials said. | Published September 29, 2025 | Read Full Story by Shambhavi Rimal



    A Chick-fil-A restaurant with drive-thru.

    FORT WORTH CHICK-FIL-A PLANS $2M REMODEL TO EASE DRIVE THRU LINES. WHAT TO KNOW

    If you’ve ever braved the Chick-fil-A drive-thru at Montgomery Plaza, you know the lines can feel like a test of patience.During lunch rush, cars often spill hundreds of feet into the shopping center off West 7th and Carroll streets, slowing traffic for drivers heading to nearby stores including Target.Now, the Montgomery Plaza Chick-fil-A is preparing for a major remodel aimed at easing congestion and refreshing the building. | Published September 30, 2025 | Read Full Story by Tiffani Jackson

    The summary above was drafted with the help of AI tools and edited by journalists in our News division. All stories listed were reported, written and edited by McClatchy journalists.

    [ad_2]

    Source link

  • Research Reports & Trade Ideas – Yahoo Finance

    [ad_1]

    Analyst Report: Elanco Animal Health Inc

    [ad_2]

    Source link