By Kanishka Singh WASHINGTON (Reuters) – Discount store operator Dollar General has agreed to pay $12 million in penalty for alleged safety violations that led to blocked exits and fire extinguishers and unsafe storage, requiring the company to improve workplace safety in stores across the U.S. in a settlement with the federal Labor Department, the…
By David Shepardson WASHINGTON (Reuters) – The National Transportation Safety Board said on Tuesday it is seeking to determine when structural damage occurred to the rudder system on a Southwest Airlines Boeing 737 MAX that rolled in May. The roll is one of a series of recent serious safety incidents involving Southwest flights that are…
By Nora Eckert DETROIT (Reuters) – Ford Motor is receiving a reduced incentive package from Michigan for its battery plant in the city of Marshall after the automaker cut expected production at the facility to match demand for electric vehicles. The Dearborn, Michigan-based car company is building the plant and plans to license technology to…
By Svea Herbst-Bayliss (Reuters) – Hedge fund manager Bill Ackman kicked off fundraising for a new U.S.-listed closed-end fund on Tuesday, an effort people familiar with the matter say could bring in as much as $20 billion, more than double his assets under management, some of that from retail investors. Last month, Ackman sold 10%…
WASHINGTON (Reuters) – The White House on Tuesday accused Tehran of trying to take advantage of Gaza-related protests in the U.S. and described such behavior as unacceptable, following a warning by the top U.S. intelligence official that Iran was trying to stoke discord in American society. The warning, issued earlier on Tuesday by Director of…
By Ernest Scheyder (Reuters) – Mining trade groups plan to push Washington to revive and expand the long-dormant Bureau of Mines, an effort aimed at streamlining how the U.S. government regulates and supports critical minerals production and timed to coincide with the 2024 presidential election. The lobbying campaign, details of which have not previously been…
By Suzanne McGee (Reuters) – Shares of headphone maker Koss Corp. soared for the second session in a row on Friday, closing at $13.35 a share, after trading as high as $18.50 early in the day, as social media posts speculated that a post by meme stock influencer Keith Gill indicated his interest in the…
By Jaspreet Singh and Foo Yun Chee (Reuters) – Apple said on Friday it has approved Epic Games’ games marketplace app on iPhones and iPads in Europe, after the “Fortnite” maker escalated its feud with the technology giant, accusing it of hindering its efforts to set up a games store on the devices. Apple said…
WASHINGTON (Reuters) – U.S. Senator Mark Warner is attempting to assemble a group of Democratic senators to ask Joe Biden to exit the presidential race after last week’s debate performance, the Washington Post reported on Friday, citing two unidentified people with knowledge of the effort. Warner, the chair of the Senate Intelligence Committee, earlier this…
By Daniel Wiessner (Reuters) -Microsoft Corp has agreed to pay $14 million to settle a California agency’s claims that it illegally penalized workers who took medical or family-care leave, the agency said on Wednesday. The California Civil Rights Department in filings in state court accused the tech giant of retaliating against its California-based employees who…
