Many small businesses are breathing a bit easier as inflation has cooled and the race for workers slows. But consumers’ steady embrace of credit cards is taking a growing bite out of their margins. Gene-Christian Baca, the owner of Walter’s Hot Dogs in Mamaroneck and White Plains, New York, estimated…
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company Nippon Steel, capping off a yearlong business saga that drifted into election politics. A national security review by a Treasury Department committee failed to reach a consensus on the deal…
Disney will combine its Hulu+ Live TV service with Fubo, merging together two internet TV bundles, the companies announced on Monday. Disney will become majority owner of the resulting company — the publicly traded Fubo company — with a 70% ownership stake. Fubo shareholders will own the remaining 30% of the company.…
Vail Resorts shares have dropped in recent weeks as a labor dispute roiled one of America’s most prominent skiing destinations. The Park City Professional Ski Patrol Association, a union representing patrollers at the Utah mountain of the same name, went on strike late last month. The work stoppage has spurred complaints…
The Golden Globes aired Sunday night and the unofficial kickoff to Hollywood’s award season served glamour, laughs and a few sentimental tears. Globe voters honored TV and films that explored themes of aging, immigration, acceptance and survival, but the tone of the show was largely light and celebratory, in keeping…
Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government. On Friday, Biden said he was blocking the controversial $14.3 billion acquisition, marking a significant use of executive authority in the…
Demi Moore is now a first-time Golden Globe winner. On Sunday, Moore won for best female actor in a film — musical or comedy for her performance in “The Substance.” “I really wasn’t expecting that. I’m just in shock right now,” Moore said when she took the stage. “I’ve been…
For a while it looked like it would not happen but in the final seconds of Tampa Bay’s 27-19 win over the New Orleans Saints – not only did the Buccaneers clinch playoff berth but NFL history was made. Buccaneers wide receiver Mike Evans extended his streak of 1,000-yards in…
Russia may be close to sharing advanced satellite technology with North Korea after the isolated nation supplied troops to help bolster Moscow’s war in Ukraine, United States Secretary of State Antony Blinken warned Monday. “The DPRK is already receiving Russian military equipment and training. Now, we have reason to believe…
As New Orleans prepares to kick off its extravagant Carnival season this week, the city is asking for federal help in ensuring there is not a repeat of the horrific truck-ramming that killed 14 people early on New Year’s Day. President Joe Biden is set to visit on Monday and…