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Middle East Unrest Takes Toll on McDonald’s Operations, Company Discloses

McDonald’s said growing tensions in the Middle East have hurt its business. The burger chain, reporting growing overall sales and earnings for fourth quarter, noted...

Positive Economic Momentum: U.S. Dodges Recession, Witnesses Robust 353,000 Job Growth

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...

Expanded Child Tax Credit Bill Clears House Hurdle, Heads to Senate for Approval

The House voted Wednesday night to pass a $78 billion tax package that includes an expansion of the child tax credit, sending it to...

Strategic Shift: Swiss Construction Leader Holcim considers U.S. Business Separation

Holcim Ltd. jumped after the Swiss cement maker said it will spin off its North American unit into a separate US-listed entity, a move...

Financial Crisis Forces Los Angeles Times to Cut Over 20% of Newsroom Staff

The Los Angeles Times on Tuesday, facing what senior leadership described this week as a “financial crisis,” commenced a round of painful layoffs across...

California’s Minimum Wage Raise: Dissent Among L.A. Small Business Owners, ‘It’s Not the Solution’!

Three Echo Park business owners, who already pay hourly employees over the minimum wage, weigh in on the issue, the struggle and the bigger...

Apple May Have Just Lost Big At The Supreme Court

The Supreme Court on Tuesday allowed a court order to take effect that could loosen Apple’s grip on its lucrative iPhone app store, potentially...

Prospective Delays: U.S. Political Landscape Raises Concerns for Nippon Steel’s Acquisition of U.S. Steel

Investors are betting Nippon Steel Corp (5401.T) will take longer to complete its $14.9 billion acquisition of U.S. Steel Corp (X.N) because opposition from...

In Reversal, Biden Administration Waives Regulations to Expand Border Wall

Confronted with a surge of migrants, the Biden administration has decided to waive more than 20 federal laws and regulations, including environmental ones, to...

‘Latino GDP’ Would Be The 5th Largest In The World, Study Finds

If Latinxs were our own country, we’d be the fifth-largest economy in the world. That’s one of the biggest takeaways from a new report released...

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