Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
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Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The Federal Deposit Insurance Corp. said Friday it had seized the Philadelphia-based …
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4/26/24
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An emergency slide falls off a Delta Air Lines plane, forcing pilots to return to JFK in New York
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An emergency slide fell off a Delta plane that was taking off from New York, and pilots returned to the airport and landed safely. The incident happened Friday after takeoff from JFK Airport. The …
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4/26/24
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Temporary farmworkers get more protections against retaliation and other abuses under new rule
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Temporary farmworkers workers are getting more legal protections against employer retaliation, unsafe working conditions, illegal recruitment and other abuses. The rule announced Friday by the Biden …
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By OLGA R. RODRIGUEZ
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4/26/24
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Southwest Airlines is considering changes to its quirky boarding and seating practices
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Get ready for changes in boarding and seating at Southwest Airlines. The airline says it's studying possible changes as it looks for new sources of revenue. Airline officials said this week they …
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By DAVID KOENIG
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4/26/24
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Williams-Sonoma must pay almost $3.2 million for violating FTC's 'Made in USA' order
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Home products retailer Williams-Sonoma will have to pay almost $3.2 million penalty for violating a Federal Trade Commission “Made in USA” order. Williams-Sonoma has been charged with advertising …
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4/26/24
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Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits
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A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide. The lawsuits claimed that longstanding practices by real estate …
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By ALEX VEIGA
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4/26/24
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140,000 people did their taxes with the free IRS direct file pilot. But program's future is unclear
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The IRS says more than 140,000 taxpayers filed their taxes through its new direct file pilot program. It says the program’s users claimed more than $90 million in refunds and saved roughly $5.6 …
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By FATIMA HUSSEIN
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4/26/24
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JPMorgan's Dimon hopes for soft landing for US economy but says stagflation is a possible scenario
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JPMorgan CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation. In an …
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By KEN SWEET
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4/26/24
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The protests over the Israel-Hamas war put a spotlight on college endowments
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One of the demands of antiwar protestors on college campuses is for their schools to divest their endowments from companies that are profiting from Israel’s war against Hamas in Gaza. Endowments …
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By THALIA BEATY
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4/26/24
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Fed's preferred inflation gauge shows price pressures stayed elevated last month
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A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a …
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By CHRISTOPHER RUGABER
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4/26/24
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A Turkish court sentences a Syrian woman to life in prison for a bombing in Istanbul in 2022
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Turkey’s state-run news agency has reported that a court sentenced a Syrian woman to life in prison for a deadly explosion on a busy shopping district in Istanbul in 2022. Alham Albashir was given …
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4/26/24
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Exxon Mobil profit declines in 1st quarter as natural gas prices fall
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Exxon Mobil’s profit declined in its first quarter as natural gas prices fell and industry refining margins dropped. The energy company earned $8.22 billion, or $2.06 per share for the three months …
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By MICHELLE CHAPMAN
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4/26/24
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US probes whether recall of Tesla Autopilot driving system did enough to make sure drivers attention
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The U.S. government’s auto safety agency is investigating whether last year’s recall of Tesla’s Autopilot driving system did enough to make sure drivers pay attention to the road. The National …
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By TOM KRISHER
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4/26/24
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These are the countries where TikTok is already banned
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TikTok is banned in a handful of countries and not allowed on government-issued devices in a number of others. That's due to official worries that the popular video-sharing app poses privacy and …
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By KELVIN CHAN
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4/26/24
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5 cars from the Beijing auto show that reflect China's vision for the future of driving
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China’s vision of the future of the automobile — electrified and digitally connected — is on display at the ongoing Beijing auto show. Organizers say that 117 new models are making their debut …
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By KEN MORITSUGU
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4/26/24
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Journalists critical of their own companies cause headaches for news organizations
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Journalists see themselves as truth-tellers, and sometimes as contrarians. That fuels news organizations, but it also can bite back. Internal turmoil this spring at NBC News, NPR and The New York …
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By DAVID BAUDER
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4/26/24
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‘The movement will persist’: Advocates stress Weinstein reversal doesn’t derail #MeToo reckoning
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Harvey Weinstein's accusers and their advocates were shocked and angered by an appellate court’s decision to overturn the ex-movie mogul’s 2020 rape conviction. But #MeToo advocates also sought …
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By JOCELYN NOVECK
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4/26/24
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Rooting for Trump to fail has made his stock shorters millions
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Rooting for Donald Trump to fail has rarely been this profitable. Just ask a hardy band of mostly amateur investors who have collectively made tens of millions over the past month by betting that the …
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By BERNARD CONDON
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4/26/24
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Trading Trump: Truth Social's first month of trading has sent investors on a ride
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With Donald Trump facing dozens of federal criminal charges and hundreds of millions in legal expenses, Trump Media & Technology Group Corp. went public on the Nasdaq exchange March 26. Its …
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By MARTHA MENDOZA
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4/26/24
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Selling weight-loss and muscle-building supplements to minors in New York is now illegal
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It's now illegal to sell weight-loss and muscle-building supplements to minors in New York. The first-in-the-nation law went into effect this week. Experts say loose federal regulation of dietary …
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By MAYSOON KHAN
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4/25/24
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