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EMPLOYMENT NEWS FOR APRIL 23, 2017
  • Bye-bye, here's your check: Golden parachutes

    New York • Don’t let the vault door hit you on the way out. Getting forced out of a job is painful, but a couple (dozen) million dollars help salve the wound. The latest big name to get a big payment with a bye-bye from the boss is Bill O’Reill...
    Published 1 day, 20 hours ago  
  • Raw milk advocates push to expand legalized sales

    Des Moines, Iowa • Raw milk advocates’ efforts to expand availability across the U.S. have not slowed despite health officials’ assertions that it’s dangerous to drink milk that hasn’t been heated to kill bacteria. Efforts to legalize raw m...
    Published 1 day, 20 hours ago  
  • United CEO won't add chairman title in 2018

    Dallas • United Airlines said CEO Oscar Munoz, who came under withering criticism for the airline’s handling of a passenger-dragging incident, will not automatically add the title of chairman in 2018 as planned. The company said Friday that Munoz...
    Published 1 day, 21 hours ago  
  • Russian man gets 27 years in hacking case

    Seattle • A federal judge on Friday handed down the longest sentence ever imposed in the U.S. for a cybercrime case to the son of a member of the Russian Parliament convicted of hacking into more than 500 U.S. businesses and stealing millions of cr...
    Published 1 day, 21 hours ago  
  • Global finance officials argue benefits of free trade

    Washington • The world’s major economies are united in their belief that free trade delivers healthy economic growth. But they also agree that more needs to be done for those left behind, and the new Trump administration is letting it be known th...
    Published 1 day, 21 hours ago  
  • Losses for finance, health care firms lower stocks

    New York • U.S. stocks slumped Friday as financial and health care companies moved lower. Industrial companies rose as stocks continued the up-and-down pattern they’ve been stuck in for the last month. Stocks slumped in morning trading as banks f...
    Published 1 day, 21 hours ago  
  • Mattel, Schlumberger slide; Honeywell jumps

    New York • Stocks that moved substantially or traded heavily Friday: • Mattel Inc., down $3.42 to $21.79 The toy company said sales dropped 15 percent in its first quarter as it dealt with too many holiday items unsold. • Honeywell Internatio...
    Published 1 day, 21 hours ago  
  • Canadian PM answers Trump's criticism of dairy industry

    Toronto • Canadian Prime Minister Justin Trudeau said Friday that he plans to be respectful and engage the United States with a fact-based approach to solving problems a day after Donald Trump called Canada a “disgrace” for policies that hurt A...
    Published 2 days ago  
  • U.S. rig count rises 10 this week to 857, Utah static

    Houston • The number of rigs exploring for oil and natural gas in the U.S. rose by 10 this week to 857, although Utah was unchanged. A year ago, 431 rigs were active. Houston oilfield services company Baker Hughes Inc. said Friday that 688 rigs sou...
    Published 2 days ago  
  • Weekly recalls: Motorized boards, food dehydrators

    More than 100,000 motorized boards are being recalled because the rear wheel can lock up, posing a fall hazard. Other recalled consumer products this week include chairs and food dehydrators. Here’s a more detailed look: MOTORIZED CASTER BOARDS D...
    Published 2 days ago  
  • Le Pen win in France could hit markets, euro

    Frankfurt, Germany • The French presidential election could be a turning point for Europe’s biggest economic project, the shared euro currency. Markets are mostly expecting a pro-euro candidate such as former economy minister Emmanuel Macron to w...
    Published 2 days, 1 hour ago  
  • UK aim: First coal-less day since Industrial Revolution

    London • Britain expects Friday to be the first full day since the Industrial Revolution when it hasn’t depended on coal for electricity. The U.K. has steadily tried to reduce its reliance on the most-polluting of fossil fuels by increasing the u...
    Published 2 days, 1 hour ago  
  • San Francisco power outage snarls traffic, rail station

    San Francisco • A San Francisco power outage that stranded people in elevators and left tens of thousands of others in the dark Friday was caused by the massive failure of a circuit breaker that sparked a fire at a power substation, a utility compa...
    Published 2 days, 1 hour ago  
  • Trump eyes changes to Obama's tax, Wall Street rules

    Washington • Hoping to improve economic growth, the Trump administration embarked Friday on new efforts to study and possibly dismantle some of the tax and financial regulations established by former President Barack Obama. President Donald Trump ...
    Published 2 days, 3 hours ago  
  • GM to launch 10 electric cars in China by 2020

    Shanghai • General Motors Co. plans to launch 10 electric and gasoline-electric hybrid vehicles in China by 2020, an executive said Friday, as automakers speed up the rollout of alternative vehicles under pressure from Beijing to promote the indust...
    Published 2 days, 3 hours ago  
  • Early computer scientist Harry Huskey dies at 101

    Santa Cruz, Calif. • One of the last surviving members of the team that created the pioneering ENIAC computer in the 1940s has died. Harry Huskey was 101. The University of California-Santa Cruz says Huskey died April 9 at his home in the city. Hus...
    Published 2 days, 3 hours ago  
  • Drugmaker asked Arkansas not to use drug in executions

    A drugmaker asked Arkansas officials not to purchase its products for executions months before the state accepted a “donation” of potassium chloride as one of three drugs to use in lethal injections, according to letters obtained by The Associate...
    Published 2 days, 3 hours ago  
  • No Uber, no Lyft, resort island wants it that way

    New Shoreham, R.I. • Twelve miles and a ferry ride from the New England shore, Block Island is one of the last major tourist destinations in the United States without Uber or Lyft — and islanders want it to stay that way. Come summer, the sleepy ...
    Published 2 days, 5 hours ago  
  • VW to pay $2.8B in U.S. diesel emission scandal

    Detroit • A judge on Friday ordered Volkswagen to pay a $2.8 billion criminal penalty in the United States for cheating on diesel emissions tests, blessing a deal negotiated by the government for a “massive fraud” orchestrated by the German aut...
    Published 2 days, 5 hours ago  
  • Gas stations limit services in Pyongyang

    Pyongyang, North Korea • Car users in Pyongyang were scrambling Friday to fill up their tanks as gas stations began limiting services or even closing amid concerns of a spreading shortage. A sign outside one station in the North Korean capital said...
    Published 2 days, 5 hours ago