Top News & Analysis
Washington
The layoffs, which represent about 8 percent of its management force, will largely hit employees in Omaha, Nebraska, where the company is based, but will also affect locations across its network, the company said. "Union Pacific for some time has leveraged employee attrition and technology to reduce general and administrative costs," Chief Executive Officer...
NEW YORK, Aug 16- Swiss digital currency exchange ShapeShift AG said on Wednesday it has acquired Seattle- based KeepKey Holder LLC, a maker of devices known as digital wallets, in an all-bitcoin deal. KeepKey's wallet, which sells for about $100, stores digital currencies. ShapeShift's chief executive officer, Erik Voorhees, said in an interview the acquisition...
WASHINGTON— President Donald Trump renewed his attacks on e-commerce giant Amazon, saying Wednesday that the company is "doing great damage to tax paying retailers." Many traditional retailers are closing stores and blaming Amazon for a shift to buying goods online. Amazon has announced goal of adding 100,000 full-time workers by the middle of next year.
Aug 16- Negotiators from Canada, Mexico and the United States kick off an ambitious first round of trade talks on Wednesday as the countries try to fast-track a deal to modernize the North American Free Trade Agreement by early next year. The United States and Canada inked a bilateral free trade deal in 1988.. *Nov. 3, 1992: Running as an independent for president in...
Aug 16- Negotiators from Canada, Mexico and the United States kick off an ambitious first round of trade talks on Wednesday as the countries try to fast-track a deal to modernize the North American Free Trade Agreement by early next year. The United States and Canada inked a bilateral free trade deal in 1988.. *Nov. 3, 1992: Running as an independent for president in...
Aug 16- Negotiators from Canada, Mexico and the United States kick off an ambitious first round of trade talks on Wednesday as the countries try to fast-track a deal to modernize the North American Free Trade Agreement by early next year. The United States and Canada inked a bilateral free trade deal in 1988.. *Nov. 3, 1992: Running as an independent for president in...
Aug 16- Negotiators from Canada, Mexico and the United States kick off an ambitious first round of trade talks on Wednesday as the countries try to fast-track a deal to modernize the North American Free Trade Agreement by early next year. The United States and Canada inked a bilateral free trade deal in 1988.. *Nov. 3, 1992: Running as an independent for president in...
Customers need to head over to an Amazon location to collect their order. For now, the pickup locations are near college campuses in five cities: Atlanta; Berkeley, California; College Park, Maryland; Columbus, Ohio; and Los Angeles. Amazon says it plans to expand the service into more locations in the coming months.
NEW YORK— Amazon says it is selling debt in order to pay for its $13.7 billion deal to buy organic grocer Whole Foods. Amazon.com Inc. did not say how much money it plans to raise when it sells the senior unsecured notes, but credit ratings agency Moody's said Tuesday that the company is raising up to $16 billion. The Seattle company announced plans in June to buy...
NEW YORK, Aug 14- A federal judge on Monday said Tiffany& Co may recover at least $19.4 million in damages from Costco Wholesale Corp over the warehouse club chain's illegal sale of counterfeit diamond engagement rings bearing the "Tiffany" name. District Judge Laura Taylor Swain said Tiffany deserves $11.1 million, plus interest, representing triple the lost...
SEATTLE _ ClearSign Combustion Corp. on Monday reported a loss of $2.2 million in its second quarter. On a per-share basis, the Seattle- based company said it had a loss of 14 cents. Keywords: ClearSign Combustion, Earnings Report.
NEW YORK, Aug 14- A federal judge on Monday said Tiffany& Co may recover at least $19.4 million in damages from Costco Wholesale Corp over the warehouse club chain's illegal sale of counterfeit diamond engagement rings bearing the "Tiffany" name. District Judge Laura Taylor Swain said Tiffany deserves $11.1 million, plus interest, representing triple the lost...
CHARLOTTESVILLE, Va., Aug 14- The chief executive of one of the world's largest pharmaceutical companies resigned on Monday from a business panel led by Donald Trump, citing a need for leadership countering bigotry in a strong rebuke to the U.S. president over his response to a violent white-nationalist rally in Virginia. The departure of Merck& Co Inc CEO Kenneth...
A look at nine reasons why a Roth individual retirement account is a fantastic investment vehicle for most savers.
PORTLAND, Ore.— Well before Oregon legalized marijuana, its verdant, wet forests made it an ideal place for growing the drug, which often ended up being funneled out of the state for big money. Now, officials suspect pot grown legally in Oregon and other states is also being smuggled out, and the trafficking is putting America's multibillion-dollar marijuana...
RICHLAND, Wash.— Officials in Washington state indefinitely suspended a public utility's authority to ship low-level radioactive waste after the utility mislabeled a shipment. The Tri-City Herald reports in a story on Friday that the Washington Department of Health took the action late last month against Energy Northwest. State officials say the utility...
CHICAGO, Aug 11- The Wisconsin agency tasked with holding Foxconn accountable for delivering up to 13,000 jobs in exchange for $1.5 billion in state payroll tax credits has a history of failing to verify job-creation claims and rewarding companies that fall short of quotas, according to state audits. A May audit found the Wisconsin Economic Development...
SAN FRANCISCO, Aug 11- Amazon.com Inc is exploring a technology first developed for the U.S. military to produce tasty prepared meals that do not need refrigeration, as it looks for new ways to muscle into the $700 billion U.S. grocery business. It could also complement Amazon's planned $13.7 billion purchase of Whole Foods Market Inc and Amazon's checkout-free...
DUBAI, United Arab Emirates— Stalwart U.S. ally Kuwait will continue to grant visas to North Korean laborers whose wages allegedly aid Pyongyang in evading international sanctions, its government told The Associated Press before its ruler travels to Washington to meet President Donald Trump. In a statement responding to an AP story, Kuwait also said it never...
MOUNTAIN VIEW, Calif., Aug 10- U.S. Defense Secretary Jim Mattis said on Thursday an Obama-era experimental defense outpost in Silicon Valley would grow in importance under the Trump administration and that the nation's technology entrepreneurs were vital to national defense. Mattis paid his first official visit to the Pentagon's Defense Innovation...
