NEW YORK – CoverGirl executive Ukonwa Ojo was struck when the team from an ad agency entered the room to pitch ideas for revamping the cosmetic company’s image. For the first time in Ojo’s more than 20-year career in business, she found herself working with an African-American creative director. Continue […]
FOX Business News
Labor Department: Solar, wind jobs to boom over next decade
WASHINGTON – President Donald Trump pledges to revive the nation’s struggling coal mines, but new data from the federal agency that tracks employment growth suggests blue-collar job seekers would do better to look to clean energy. Continue Reading Below According to projections released this week by the Bureau of Labor […]
Trump signs $36.5 billion emergency aid bill for disasters
WASHINGTON – President Donald Trump has signed a $36.5 billion emergency aid measure to refill disaster accounts, provide a cash infusion to Puerto Rico and bail out the federal flood insurance program. Continue Reading Below The president signed the bill Thursday after the Senate sent him the measure earlier this […]
Congressional committees probe Puerto Rico contract award
WASHINGTON – Multiple committees in the House and Senate are investigating a $300 million contract awarded to a small Montana company to help restore Puerto Rico’s damaged power grid. Continue Reading Below The Puerto Rico Electric Power Authority awarded the contract to tiny Whitefish Energy Holdings to restore transmission and […]
PUC says Enbridge must disclose Line 3 oil spill projections
ST. PAUL, Minn. – Enbridge Energy must publicly disclose its projections for potential oil spills from its proposed Line 3 replacement pipeline across northern Minnesota, regulators decided Thursday. Continue Reading Below The modeling data set includes the probability of large spills at seven water crossings. Enbridge submitted it to the […]
The Latest: White House praises GOP budget passage by House
WASHINGTON – The Latest on the GOP budget plan in the House (all times local): Continue Reading Below 12:10 p.m. The White House is praising the House passage of a budget as a necessary step for a tax overhaul. Spokeswoman Sarah Huckabee Sanders says in a statement the vote “sets […]
Trump names Treasury official to be acting IRS commissioner
WASHINGTON – The White House is naming a Treasury official to serve as acting commissioner of the Internal Revenue Service, succeeding an IRS commissioner who has drawn the ire of congressional Republicans. Continue Reading Below The White House says David Kautter will be acting IRS commissioner effective Nov. 13, allowing […]
US stocks higher as banks and technology companies rebound
NEW YORK – U.S. stocks are rising Thursday as technology companies and banks advance. European stocks are climbing after the European Central Bank said it will begin gradually reducing the bond purchases it’s been making to strengthen the regional economy. The market is regaining a chunk of the previous day’s […]
Martin Sorrell predicts bullish market ahead of GOP tax cuts
Last February, just months after Donald Trump shocked the world and won the 2016 presidential election, WPP plc (WPP) CEO Sir Martin Sorrell made a prediction: The economy, and U.S. markets, would respond well for the next two or three years to Trump’s policies encouraging deregulation and tax code overhauls. […]
Correction: McDonald’s-Debit Card Lawsuit story
WILKES-BARRE, Pa. – In a story Oct. 25 about a legal settlement reached with the owners of 16 McDonald’s restaurants over the use of fee-laden debit cards to pay employees, The Associated Press erroneously reported the size of the settlement, the amount of the individual payouts and the number of […]