Tres sindicatos que representan a los asistentes de vuelo de las principales aerolíneas están realizando piquetes y actos en 30 aeropuertos de todo Estados Unidos el martes en reclamo de nuevos contratos y aumentos salariales. Los asistentes están furiosos porque los pilotos obtuvieron grandes aumentos el año pasado, mientras que ellos siguen trabajando por sueldos que en algunos casos permanecen …
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‘Squishmallows’ toy maker and Build-A-Bear are in a plush war over ‘copycat’ accusations
NEW YORK (AP) — It turns out there are lots of sharp elbows in the plush toy business. Build-A-Bear and the makers of Squishmallows are facing off in federal court. Kelly Toys and its Berkshire Hathaway -controlled parent company Jazwares have sued Build-A-Bear, saying its new “Skoosherz” toys copy the look and feel of their mega-popular Squishmallows products. The Skoosherz …
Read More »Elon Musk’s Neuralink moves legal home to Nevada after Delaware judge invalidates his Tesla pay deal
Elon Musk’s brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada after a Delaware judge struck down Musk’s $55.8 billion pay package as CEO of Tesla. Neuralink, which has its physical headquarters in Fremont, California, became a Nevada company on Thursday, according to state records. Delaware records also list the company’s legal home as Nevada. …
Read More »Czech central bank cuts interest rates for the second straight time to help economy
PRAGUE (AP) — The Czech Republic’s central bank cut its key interest rate for the second straight time Thursday in an effort to help the struggling economy. The cut by a half-percentage point brought the interest rate down to 6.25%. The bank also trimmed borrowing costs by a quarter-point on Dec. 21, which marked the first cut since June 22, …
Read More »Japan game maker Nintendo reports solid profit on a jump in Super Mario sales
TOKYO (AP) — Nintendo reported healthy sales and profits on the back of the hit “Super Mario Bros. Wonder” game, prompting the Japanese video game maker to raise its full fiscal year forecasts. Kyoto-based Nintendo Co. said Tuesday that demand for what it called the first completely new Super Mario game in the series remained strong. Sales of the new …
Read More »Japan’s Toyota raises its profit outlook after solid earnings helped by a weak yen
TOKYO (AP) — Toyota raised its full fiscal year profit forecast Tuesday after reporting its profit in the October to December quarter nearly doubled from the year before. Toyota Motor Corp.’s third quarter profit totaled 1.36 trillion yen ($9 billion), up from 727.9 billion yen in the same period in 2022, as Japan’s top automaker recovered from losses suffered when …
Read More »How major US stock indexes fared Monday, 2/5/2024
Stocks slipped following the latest evidence that the economy remains strong, which could delay the cuts to interest rates that Wall Street wants. The S&P 500 fell 0.3% from its all-time high Monday. The Dow Jones Industrial Average lost 0.7%, and the Nasdaq composite slipped 0.2%. McDonald’s was a heavy weight after it reported weaker revenue than expected. Some of …
Read More »Stock market today: Big Tech carries Wall Street to another record and winning week
NEW YORK (AP) — Big Tech stocks once again carried Wall Street to a record Friday, even though the majority of stocks fell amid worries about the downside of a hot economy. Big gains for Meta Platforms and Amazon helped drive the S&P 500 index up by 1.1% to its latest all-time high. It’s in a torrid run where it’s …
Read More »The US didn’t just avoid a recession — it’s adding hundreds of thousands of new jobs
WASHINGTON (AP) — The nation’s employers delivered a stunning burst of hiring to begin 2024, adding 353,000 jobs in January in the latest sign of the economy’s continuing ability to shrug off the highest interest rates in two decades. Friday’s government report showed that last month’s job gain — roughly twice what economists had predicted — topped the December gain …
Read More »Meta posts sharp profit, revenue increase in Q4 thanks to cost cuts and advertising rebound
Meta Platforms Inc. tripled its profit and posted sharply higher revenue in the final quarter of 2023, boosted by a rebound in digital advertising as well cost cutting and layoffs in what CEO Mark Zuckerberg called the “year of efficiency.” “The company can talk all it wants to about AI and the metaverse, but it’s still a social media company …
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