(Reuters) -California’s grid operator projected record-breaking power demand on Tuesday and issued an emergency call for consumers and businesses to conserve energy for the seventh consecutive day to avoid blackouts amid soaring temperatures. The California Independent System Operator (ISO) urged residents to conserve power in the late afternoon and early evening as the sun sets…
(Reuters) -The International Brotherhood of Teamsters, one of the largest U.S. labor unions, said on Tuesday it had launched a new division to focus on unionizing employees of Amazon.com Inc. The e-commerce giant has for years discouraged attempts to organize, but in April this year, the worker-led Amazon Labor Union scored a win when employees…
By Tom Hals and Sheila Dang WILMINGTON, Del. (Reuters) – A trial over Elon Musk’s bid to end his $44 billion deal for Twitter Inc should be delayed by several weeks to allow the billionaire to investigate a whistleblower’s claims about security on the social media platform, Musk’s lawyer told a judge on Tuesday. “Doesn’t…
By Carolina Mandl NEW YORK (Reuters) – Wall Street’s main indexes closed lower on Tuesday, the first session after the U.S. Labor Day holiday and summer vacations, as traders assessed fresh economic data in volatile trading. A survey from the Institute for Supply Management (ISM) showed the U.S. services industry picked up in August for…
CVS Health will pay about $8 billion to expand into home care, a practice that could cut costs and keep patients happy, provided they get the help they need. The health care giant is buying Signify Health, a technology company that sends doctors or other care providers to patient homes to assess how they are…
(Reuters) – Alphabet Inc’s Google will on Oct. 6 launch the Pixel 7 and its first smartwatch as the company prepares to take on a new line of rival products from Apple Inc expected on Wednesday. Google’s new devices would be available for purchase from the launch day onwards at GoogleStore.com and at its physical…
NEW YORK (AP) — Finding a new place can be challenging, and skyrocketing rents have made it especially hard this year. But there are things you can do to make the process easier. Whether it’s your first or 10th time renting, here are five things to think about when looking for a new place to…
By David Shepardson WASHINGTON (Reuters) -The U.S. Commerce Department said Tuesday it hopes by February to begin seeking applications for $39 billion in government semiconductor chips subsidies to build new facilities and expand existing U.S. production. Congress in August approved $52.7 billion for semiconductor manufacturing and research and a 25% investment tax credit for chip…
NEW YORK (AP) — Rents are starting to come down after spiking to record levels this past summer, but experts are uncertain if the slowdown will continue. Christopher Mayer, professor of real estate at Columbia Business School, said people looking for an apartment now might have a better experience than they did in May or…
STOCKHOLM (Reuters) – Crisis-hit Scandinavian airline SAS sees savings of $200 million through 2026 from a new collective bargaining deal reached with most of its pilots following a crippling two-week strike in July. The flag carrier, pressured for years by low-cost rivals and ravaged by the pandemic, in February announced a big restructuring plan, and…
