After losing more than $50 billion in the decade following the Sept. 11 terrorist attacks, U.S. airlines have been enjoying some financially robust times of late.
On the front lines, airline employees are reaping billions of dollars in wage and benefit increases, plus profit-sharing plans that spell record payouts amid record income. At almost ...Read more
CHICAGO -- Days after news surfaced that President-elect Donald Trump is considering former Goldman Sachs executive Steven Mnuchin for Treasury secretary, Mnuchin says he is stepping down from Sears Holdings' board of directors.
The move is effective immediately, and reduces Sears Holdings' directors to nine, according to a news release.
MINNEAPOLIS -- Dozens of Santas cycle through Twin Cities shopping centers each year, spreading joy to children who entrust them with their holiday wish lists. What has been missing from that experience, some parents say, was a Kriss Kringle who represented a wider swath of believers.
This week, for the first time in the Mall of America's 24-...Read more
WASHINGTON -- The U.S. economy produced another solid month of labor market growth, adding 178,000 net new jobs in November while the unemployment rate fell to a nine-year low, the Labor Department said Friday.
The latest jobs report virtually assures that Federal Reserve officials will raise a key interest rate this month.
The unemployment ...Read more
The political media may be focused on Donald Trump's Twitter feed and the lobby of his building in midtown Manhattan. But over on Capitol Hill, Congress is passing legislation.
And a bill that will head to the Senate in the week ahead could have far-reaching implications for drugmakers, companies that creative medical devices and investors.
The tipping point for cars to adopt more powerful 48-volt electric systems may be near as automakers turn to small electrically powered superchargers and other systems to deliver more performance from smaller engines.
"The initial conversion will be driven by the need to make vehicles that are fun to drive," Matti Vint, powertrain research and ...Read more
LONDON -- U.S. President Barack Obama is poised to block a Chinese company from buying Germany's Aixtron SE, people familiar with the matter said, which would mark only the third time in more than a quarter century that the White House has rejected an investment by an overseas buyer as a national security risk.
The president is expected Friday ...Read more
WASHINGTON -- Wells Fargo & Co. customers who learned that bank employees opened accounts without their consent later discovered another problem when they tried to sue to recover lost fees and for other damages.
The San Francisco-based bank says that clauses in contracts the customers signed when they opened legitimate accounts ...Read more
A Place in His Heart (The Southold Chronicles Book #1): A NovelRebecca DeMarino
FREEShe could cross an ocean, but could she ever win his heart? An Anglican maiden longs to marry for love. Widower Horton still grieves the loss of his beloved wife, but knows his young sons need a mother. With tender hearts, Mary and Barnabas ...
SEATTLE -- Starbucks chief Howard Schultz signaled another step back from day-to-day operations, announcing Thursday he will hand over the CEO post in April to Kevin Johnson, Starbucks' president and chief operating officer.
Schultz, 63, will remain chairman and, as he explained in July, will concentrate his efforts on long-term global strategy...Read more
WASHINGTON -- The internet was created in America. But is it safe in America? Some people don't think so.
A nonprofit group based in San Francisco has decided to "Trump-proof" its massive open-for-all internet library by storing it in Canada as well as the United States.
The group, the Internet Archive, which claims to save some 300 million ...Read more
Princess Cruise Lines has agreed to plead guilty and pay a $40 million fine for dumping illegal waste off the coast of England three years ago and trying to cover it up by lying to the U.S. Coast Guard.
The fine is the largest criminal penalty ever paid involving a deliberate dumping by a cruise ship, according to the U.S. Department of Justice...Read more
CHICAGO -- McDonald's first chief digital officer, who oversaw huge advancements in the burger giant's technology efforts, has left the company to join Volvo Car Group.
Atif Rafiq, 43, had been with McDonald's for just over three years. A veteran of Yahoo and Amazon.com, Rafiq was hired by McDonald's to bring the world's largest burger chain ...Read more
LOS ANGELES -- SpaceX could return to flight in about two weeks pending Federal Aviation Administration approval after a September explosion that destroyed one of its rockets, satellite launch customer Iridium Communications Inc. said Thursday.
The McLean, Va., satellite communications company said 10 of its satellites could launch aboard a ...Read more
Every time I plop down in the Morris chair near the fireplace in my living room, I think of the day, maybe 15 years ago, when I first learned that the space my parents once called the parlor was on its way out.
At least, that's what Gopal Ahluwalia, who was vice president of research of the National Association of Home Builders for 32 years, ...Read more
Q: Our homeowner's association has a rule prohibiting soliciting. When candidates tried to campaign in our community for the recent elections, they were told they were not allowed to do so. Doesn't free speech trump (pardon the pun) this HOA rule, or is it also considered soliciting? On the same subject, can our association ban me from placing a...Read more
As the Black Friday shopping spree spilled over into Cyber Monday, the FBI warned consumers to watch out for "increasingly aggressive and creative scams" that will make your holidays considerably less merry and bright.
That's not exactly a news flash, of course. If there's money being spent, it's a sure thing that scammers will be hunting for a...Read more
WASHINGTON -- Donald Trump's decision to step away "in total" from his business empire and apparently let his grown children run it is just one of a handful of options for him to lower the risk of conflicts of interest.
Virtually all of Trump's financial options, except the complete divestiture of his and his family members' vast real estate ...Read more
LOS ANGELES -- The Breitbart News Network is seeing some of its advertisers head for the exit doors and is responding in typical Breitbart fashion: by going on the counteroffensive, labeling one of them as "un-American" and calling it a war on conservatism.
Since Donald Trump's victory in the presidential election, Los Angeles-based Breitbart ...Read more
DETROIT -- Automotive seat manufacturer Adient announced Wednesday that it is moving its global headquarters to Detroit.
"This is a really big day for us," Adient chairman and CEO Bruce McDonald said at a news conference held across the street from the building it expects to move into within the next two years. "It's an exciting announcement ...Read more
Oil ministers at the Organization of Petroleum Exporting Countries agreed to cut production of crude for the first time in eight years Wednesday, a move that may produce ripple effects from global financial markets to the U.S. economy and all the way to the corner gas station.
"I think it is a good day for the oil markets, it is a good day for ...Read more
- Donald Trump scares Internet Archive into moving to Canada
- Wells Fargo customers harmed by fake accounts would get to sue under proposed legislation
- The Week Ahead: Is this the medicine drugmaker stocks need?
- Obama to block Chinese takeover of German company on national security grounds, sources say
- Schultz will hand CEO post to Starbucks president this spring