Ben & Jerry's and Vermont scoop shop employees reach contract agreement
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Ice cream maker Ben & Jerry’s has reached its first contract agreement with workers at a retail shop in the Vermont city where the company was founded after the employees petitioned to unionize …
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1/18/24
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Wendy's names PepsiCo executive as the burger chain's new CEO
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Wendy’s Co. has named a longtime PepsiCo executive as its new CEO. The Dublin, Ohio-based burger chain said Thursday that Kirk Tanner will become president and CEO on Feb. 5. Tanner, who joined …
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By DEE-ANN DURBIN
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1/18/24
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Astronauts from Turkey, Sweden and Italy launch to space station on latest chartered flight
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SpaceX has launched Turkey's first astronaut along with a Swede and Italian to the International Space Station. It's the third private flight to the space station arranged by a Houston company. The …
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By MARCIA DUNN
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1/18/24
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The federal debt tops $34 trillion and some in Congress want a commission to find ways to tackle it
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A bill to create a bipartisan commission that would tackle the nation’s soaring debt and make policy recommendations to Congress has won approval from a House committee. House Republicans are …
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By KEVIN FREKING
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1/18/24
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Walmart raises starting pay; redesigns bonuses for store managers
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Walmart is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders. The moves, announced Thursday, will be …
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By ANNE D'INNOCENZIO
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1/18/24
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Boost for homebuyers: Average long-term mortgage rate falls to 6.6%, lowest level since May
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The average long-term U.S. mortgage rate fell this week to its lowest level since May, welcome news for prospective homebuyers facing rising home prices and intense competition for relatively few …
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By ALEX VEIGA
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1/18/24
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US sanctions a United Arab Emirates shipping firm for allegedly violating Russian oil price cap
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The U.S. hit a United Arab Emirates shipping firm and its 18 vessels with sanctions after it transported Russian crude oil above the $60 per barrel price cap. U.S. firms and people can no longer …
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By FATIMA HUSSEIN
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1/18/24
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Arnold Schwarzenegger stopped by customs over a luxury watch after arriving in Germany
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Arnold Schwarzenegger was stopped for hours by customs at Munich Airport after entering Germany with a luxury watch that was potentially to be auctioned at a charity event. A customs spokesperson …
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1/18/24
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Late-year spike in medical costs forces Humana to scale back profit expectations for 2023
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Shares of Humana are tumbling after the health insurer said it was still dealing with higher-than-expected care costs from its Medicare Advantage customers and it chopped earnings expectations. The …
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By TOM MURPHY
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1/18/24
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India’s newest airline orders 150 Boeing Max aircraft, in good news for plane maker
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India’s newest airline says it will buy 150 Boeing 737 Max aircraft, in the first major announced sale for the manufacturer since a panel blew out of another Max model in midflight earlier this …
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1/18/24
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European Union institutions gear up for a fight over Orbán's rule of law record, funds for Hungary
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The European Union's institutions are gearing up for a fight over Hungary and a controversial transfer of 10 billion euros or nearly $11 billion in funds to Budapest. The European Parliament decided …
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By RAF CASERT
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1/18/24
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Instant is in, fancy is out. Nothing stays the same for long in the world of home-brewed coffee
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Instant is in, fancy is out. Nothing stays the same for long in the world of home-brewed coffee. The founder of Brooklyn Roasting, Jim Munson, thinks today's coffee lovers are looking for less fuss …
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By KIM COOK
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1/18/24
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Japan signs agreement to purchase 400 Tomahawk missiles as US envoy lauds its defense buildup
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Japan has signed a deal with the United States to purchase up to 400 Tomahawk cruise missiles as part of its ongoing military buildup in response to increased regional threats. U.S. Ambassador to …
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By MARI YAMAGUCHI
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1/18/24
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AI is the buzz, the big opportunity and the risk to watch among the Davos glitterati
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Artificial intelligence is easily the biggest buzzword for world leaders and corporate bosses diving into big ideas at the World Economic Forum’s glitzy annual meeting in Davos. Advances in …
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By KELVIN CHAN and JAMEY KEATEN
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1/18/24
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France ramps up weapons production for Ukraine and says Russia is scrutinizing the West's mettle
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France's defense minister says French manufacturers have reduced manufacturing times for some of the weapons systems they supply to Ukraine by half or more. The minister, Sébastien Lecornu, also …
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1/18/24
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A Franciscan friar has the pope's ear on AI and how it can help — or hurt — humanity
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As artificial intelligence's impact on society receives more scrutiny, a Franciscan friar who preaches a message of ethics in technology has gained some powerful listeners. The Italian priest, Paolo …
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By FRANCES D'EMILIO
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1/18/24
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States expand low-interest loan programs for farms, businesses and new housing
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States are seeing increased demand for their cash amid high interest rates. State treasurers say they have seen a significant increase in applications for little-known programs that use state funds …
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By DAVID A. LIEB
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1/18/24
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Israel's president and the OpenAI CEO will take part in Davos on Day 3 of the World Economic Forum
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Israel’s president and the head of ChatGPT company OpenAI will take part at the World Economic Forum. Thursday is the third day of the annual gathering of elites that takes up everything from …
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By JAMEY KEATEN
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1/18/24
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Uniqlo sues Shein over alleged copy of its popular 'Mary Poppins bag'
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Uniqlo Co. has sued rival retailer Shein over a small shoulder bag the Japanese retailer said was an inferior and unlawful copy of its own hit product touted as the “Mary Poppins bag.” The …
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By YURI KAGEYAMA
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1/17/24
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A federal official says the part that blew off a jetliner was made in Malaysia by a Boeing supplier
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A federal official says the part that blew off an Alaska Airlines jetliner over Oregon this month was manufactured in Malaysia by a key Boeing supplier. Jennifer Homendy, chair of the National …
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By DAVID KOENIG
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1/17/24
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