Mar 21 Reddit, long a home for Internet communities, debuts on stock exchange By Michael Liedtke, Associated Press The company said Wednesday that it had priced its IPO at $34 a share. Shares will begin trading Thursday on the New York Stock Exchange under the ticker symbol “RDDT.”… Continue reading
Mar 20 SEC climate rule prompts lawuits. Experts say companies are likely to prepare to comply anyway By Suman Naishadham, Associated Press SEC had scarcely passed the rule in early March before the agency was being hauled to court. The legal challenges come from conservative states, business groups and companies who argue the SEC is overstepping its authority. Continue reading
Mar 20 United Steelworkers union endorses Joe Biden for president By Associated Press Pittsburgh-based United Steelworkers Union endorses Joe Biden for president, giving him support from another major labor union. Continue reading
Mar 20 WATCH: Federal Reserve’s Powell holds briefing after interest rate meeting as inflation slows By Christopher Rugaber, Associated Press In new quarterly projections they issued, the policymakers forecast that stronger growth and inflation above their 2 percent target level would persist into next year. As a result, they suggested that interest rates would have to stay slightly higher for… Continue reading
Mar 19 As electric vehicle sales slow, U.S. relaxes plans for stricter auto emissions standards By Tom Krisher, Matthew Daly, Associated Press The auto industry has cited lower sales growth in objecting to the EPA's preferred standards unveiled last April as part of the most ambitious plan ever to cut planet-warming emissions from passenger vehicles. Continue reading
Mar 18 Crafts retailer Joann files for Chapter 11 bankruptcy as consumers cut back on pandemic-era hobbies By Wyatte Grantham-Philips, Associated Press Following this process, Joann will likely become privately-owned by certain lenders and industry parties, the company added — meaning its shares would no longer be listed on stock exchanges. Continue reading
Mar 16 What to know about Bernie Sanders’ bill for the U.S. to adopt a 32-hour workweek By Russ Bynum, Associated Press The 40-hour workweek has been standard in the U.S. for more than eight decades. Now some members of Congress want to give hourly workers an extra day off. Continue reading
Mar 15 Americans are frustrated by housing prices ahead of the 2024 election By Josh Boak, Associated Press The shortage is dampening President Joe Biden's assurances that the U.S. economy is strong. And it underscores the degree to which Republican Donald Trump has largely overlooked the shortages. Continue reading
Mar 15 As farmer protests grow, the EU offers more environmental concessions By Raf Cassert, Associated Press The European Union's executive arm has proposed weakening even more climate and environmental measures in the bloc's latest set of concessions to farmers apparently bent on continuing disruptive tractor protests until the June EU elections. Continue reading
Mar 14 Interior Department will give tribal nations $120 million to fight climate-related threats By Graham Lee Brewer, Associated Press The Interior Department will be allocating more than $120 million to tribal governments to fight the impacts of climate change. The funding is designed to help tribal nations adapt to climate threats, including relocating infrastructure. Continue reading