TOKYO (AP) — A popular Japanese beef bowl chain, Yoshinoya Holdings Co., has fired an executive over sexist remarks he made about a marketing strategy aiming to get young women “hooked” on its products as though turning “virgins into drug addicts.” Masaaki Ito, a managing director at Yoshinoya, known for its “gyudon” beef-over-rice dish, made…
OMAHA, Neb. (AP) — CSX railroad struggled to keep up with demand in the first three months of the year but still managed to deliver 22% more profit thanks to higher shipping rates offsetting a slight decline in the number of shipments it handled. The Jacksonville, Florida-based railroad said Wednesday it earned $859 million, or…
CHICAGO (AP) — United Airlines reported Wednesday that it lost $1.38 billion in the first quarter of 2022 but said it expects to return to profitability in the current three-month period as post-pandemic travel ramps back up. The Chicago-based airline posted revenue of $7.67 billion in the quarter that ended March 31. That was down…
DETROIT (AP) — Tesla reported Wednesday that its first-quarter net earnings were over seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China. The electric vehicle and solar panel company made a record $3.32 billion from January through March. Excluding special items such…
DETROIT (AP) — A federal judge in California has rejected a request from shareholders in a lawsuit to force Elon Musk stop talking about his 2018 tweets in which he said he had the funding to make Tesla a private company. The ruling by U.S. District Judge Edward Chen Wednesday came just hours after the…
A new effort to help grantmakers change the way they work so they can better support Black-led nonprofits was announced Monday. Abundance is a collaboration between three Chicago-area grantmakers, Chicago Beyond, the Grand Victoria Foundation, and the John D. and Catherine T. MacArthur Foundation. Abundance is not a pledge, but rather a program for grantmakers….
OMAHA, Neb. (AP) — CSX has agreed to start paying some of its employees more in advance of raises the railroad expects to agree to as part of ongoing national contract talks. CSX said the payments of up to $600 a month are expected to start next month for members of the Sheet Metal, Air,…
Sales of previously occupied U.S. homes slowed in March to the slowest pace in nearly two years as a swift rise in mortgage rates and record-high prices discouraged would-be homebuyers. Existing home sales fell 2.7% last month from February to a seasonally adjusted annual rate of 5.77 million, the National Association of Realtors said Wednesday….
WARSAW, Poland (AP) — Two methane explosions at a coal mine in southern Poland killed five people and injured more than 20 early Wednesday, the Polish prime minister said. Seven others were missing. The first blast took place shortly after midnight about 1,000 meters (3,000 feet) under the surface at the Pniowek mine in Pawlowice,…
Electrified vehicles are indiscriminate in their automotive expansion. First, it was hatchbacks and sedans, then SUVs. Next up: the pickup. Electric variants of light-duty pickups are being developed by a number of automakers, but there’s one electric truck that’s already on sale: the all-new Rivian R1T. Hailing from this nascent American company, the R1T boasts…
