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Series I bonds pay record 9.62% interest rate ⁠-- here's how to buy them

Business / Business News /

If you’re looking for an investment with a high interest rate, inflation protection and the safety of government backing, then Series I bonds could be an attractive addition to your portfolio. The interest rate on these bonds increases as inflation rises, ensuring that your payout keeps pace with rising prices and that you don’t lose ...Read more

From satellite television to a new 5G cellular network: DISH engineers a massive transformation

Business / Business News /

DISH lit up a new 5G cellular network in more than 120 cities on June 14, meeting an early target federal regulators had set for the construction of the nation’s fourth wireless network.

Whether Project Genesis, as the network is called, succeeds or fails will determine the fate of one of Colorado’s largest public companies, and could weigh...Read more

Ellen M. Banner/The Seattle Times/TNS

Boeing wants more workers in the office to ramp up production. Not everyone wants to go back

Business / Business News /

Boeing has ordered some of its remote workforce back to the office to help the company ramp up production and fix supply-chain problems. But like many employers navigating the pandemic as it winds down, the aerospace giant is getting pushback from workers who resent giving up their "home" offices when other colleagues don't have to.

Employees ...Read more

Olga Maltseva/AFP/Getty Images North America/TNS

Russia slips into historic default as sanctions muddy next steps

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Russia defaulted on its external sovereign bonds for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors.

For months, Russia had found paths around the penalties imposed after the Kremlin’s invasion of Ukraine. But at the end of the day on Sunday, the grace period ...Read more

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Conor Sen: Homebuilders still find plenty of demand in a cooling market

Business / Business News /

Surging mortgage rates have finally cooled off the housing market. The cooldown, though, is coming unevenly, accentuating differences between the existing home market and new construction.

The supply of existing homes, while still below normal, is surging as sales decline. Homebuilder stocks have slumped. Investors were braced for the worst ...Read more

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Bee hive wipeout is crimping harvests as crisis enters new stage

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The global honeybee crisis has reached alarming levels in Quebec’s blueberry pastures.

It’s flowering season at Nicolas Pedneault’s farm in the French-speaking Canadian province and every bee that lands on a blossom helps boost his blueberry crop. Hundreds of hives dot his fields, but he needs more—and can’t get them.

“We don’t ...Read more

Andy Alfaro/Modesto Bee/TNS

A portrait of California farmworkers: Aging, underinsured and stressed by pandemic

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SACRAMENTO, Calif. — Many farmworkers in the state lack access to health care at a time when this group as a whole is aging, a new report says.

The Public Policy Institute of California held an online forum on the topic Thursday. It included a grower representative based in Modesto and a labor attorney and a lawmaker from Fresno.

The report,...Read more

Amanda Snyder/The Seattle Times/TNS

Amazon staff demand ban of books calling transgender people mentally ill

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A group of Amazon.com Inc. employees plans to march in Seattle’s Pride Parade on Sunday to protest the online retailer’s sale of books they consider anti-transgender — an action that threatens to erode the company’s image as an inclusive employer.

In recent months, several hundred staffers have been pushing the e-commerce giant to ban ...Read more

Ellen M. Banner/Seattle Times/TNS

Starbucks says it will cover abortion travel and gender-affirming care

Business / Business News /

Starbucks said Friday it will reimburse abortion travel expenses for partners enrolled in its health care plan if a legal provider isn't in the partner's state of residence or within 100 miles of their home.

Responding to the U.S. Supreme Court decision ending constitutional protections for abortion, the company also said it will begin ...Read more

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Major WA employers commit to maintaining abortion access for employees

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Many major Washington employers responded to Friday's U.S. Supreme Court decision throwing out constitutional protections for abortion with renewed pledges to pay the way for employees who must travel to access reproductive health care.

Microsoft, Starbucks, Alaska Airlines and others committed Friday to covering the travel costs of employees ...Read more

Anna Moneymaker/Getty Images North America/TNS

Major WA employers commit to maintaining abortion access for employees

Business / Business News /

Many major Washington employers responded to Friday's U.S. Supreme Court decision throwing out constitutional protections for abortion with renewed pledges to pay the way for employees who must travel to access reproductive health care.

Microsoft, Starbucks, Alaska Airlines and others committed Friday to covering the travel costs of employees ...Read more

Workers walk out of unionized Seattle Starbucks to protest treatment of employees at other stores

Business / Business News /

Workers at a Capitol Hill Starbucks walked out Friday to protest the treatment of their colleagues at several other Starbucks locations in Seattle.

The strike followed Starbucks' move this week to rebrand some stores as "Heritage Markets." Among them: the store at First Avenue and Pike Street where workers were attempting to unionize. Employees...Read more

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Big Tech companies will cover travel expenses for employees' medical procedures, including abortion

Business / Business News /

Tech companies including Microsoft, Amazon, Meta, Apple and Google will cover or reimburse employees for travel expenses related to medical procedures, including abortions.

Amazon announced in May it would cover up to $4,000 in travel expenses related to medical procedures including abortion services. That policy is retroactive to Jan. 1 for ...Read more

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Michigan regulators approve Consumers Energy plan to end coal use by 2025

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Michigan regulators on Thursday approved Consumers Energy’s plan to be one of the first utilities in the country no longer to burn coal by 2025, a move the energy company says still will offer reliability and save customers money.

The Michigan Public Service Commission approved the CMS Corp. subsidiary’s integrated resource plan, a 20-year ...Read more

David Carson/St. Louis Post-Dispatch/TNS

Ameren aims to build natural gas power plant by 2031 amid push away from coal

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ST. LOUIS — Ameren announced plans Thursday to build a large power plant within the next decade that runs on natural gas — even as the utility aims to accelerate its shift toward carbon neutrality.

The announcement sparked criticism from environmental groups, as well as some skepticism that the plant would come to fruition, mainly due to ...Read more

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Stellantis investment makes it 2nd largest shareholder in lithium supplier

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Jeep maker Stellantis NV is investing nearly $53 million (50 million euro) into its European lithium partner in an effort to create a reliable supply chain of the critical mineral for electric-vehicle batteries.

The equity investment in Vulcan Energy Resources Ltd. makes the automaker Vulcan's second largest shareholder with 8% ownership. The ...Read more

Allie Goulding/Tampa Bay Times/TNS

Disney offers 'travel benefit' for employees seeking an abortion

Business / Business News /

The Walt Disney Co., which employs some 80,000 people at its theme parks and other operations in Florida, said it will offer employees a “travel benefit” to cover costs related to seeking an abortion.

After the Supreme Court announced its ruling to overturn Roe v. Wade, ending constitutional protections for abortion, a company spokesperson ...Read more

Jay L. Clendenin/Los Angeles Times/TNS

Hollywood companies vow to pay travel costs for abortions after Roe v. Wade decision

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Walt Disney Co., Netflix, Sony Pictures and Paramount Pictures are among the Hollywood companies that are stepping in to help employees who will need to travel for abortion care in the wake of the Supreme Court overturning the landmark 1973 Roe vs. Wade decision Friday.

The entertainment companies — and the SAG-AFTRA union, which represents ...Read more

Auto review: The fearless, peerless Ford Bronco Raptor is an off-road beast

Business / Business News /

JOHNSON VALLEY, California — Sixty miles north of Palm Springs, Johnson Valley is synonymous with Ultra4 racing — America's most demanding off-road competition. Every February, 75,000 people descend on this 96,000-acre desert pasture to watch insane, all-wheel-drive 1,000-horsepower dune buggies on 'roids vie for the King of the Hammers ...Read more

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UAW, more than 60 workers at non-union automakers eye organizing push

Business / Business News /

Amid a nationwide surge in worker momentum and public support for unions, the United Auto Workers is making a renewed push to build on-the-ground interest in organizing non-unionized auto plants.

More than 60 workers at 10 automakers that don't have contracts with the UAW met late last month in Birmingham, Alabama, to discuss how to organize ...Read more