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EMPLOYMENT NEWS FOR MARCH 23, 2017
  • Hard times for Sears as it notes doubt about future

    New York • Sears, a back-to-school shopping destination for generations of kids, has said that after years of losing money that there is “substantial doubt” it will be able to keep its doors open. But it also insisted that its actions to turn a...
    Published 3 hours, 24 minutes ago  
  • Starbucks CEO stands by pledge to hire refugees

    New York • Starbucks CEO Howard Schultz presided over his last annual shareholder meeting as head of the company Wednesday by standing by its pledge to hire refugees and expanding on previously announced goals to hire veterans and at-risk youth. Th...
    Published 3 hours, 30 minutes ago  
  • Activists eye Nebraska Keystone XL review

    Lincoln, Neb. • Activists who want to derail the Keystone XL pipeline in Nebraska are again mobilizing to try to make their case to a small state commission that will decide the project’s fate. Opponents asked the Nebraska Public Service Commissi...
    Published 3 hours, 30 minutes ago  
  • California farmers will get bump in irrigation water

    Fresno, Calif. • Farmers in a vast agricultural region of California will receive a significantly greater amount of irrigation water this summer compared to past drought years — but not their full supply, federal officials announced Wednesday. Re...
    Published 3 hours, 33 minutes ago  
  • Puerto Rico's bondholder deal in jeopardy

    San Juan, Puerto Rico • The sole tentative debt restructuring deal that Puerto Rico reached after two years of negotiations is in jeopardy after federal control board officials said Wednesday that they would support the U.S. territory’s push to a...
    Published 3 hours, 39 minutes ago  
  • YouTube losing advertisers upset with videos

    San Francisco • AT&T, Verizon and several other major advertisers are suspending their marketing campaigns on Google’s YouTube site after discovering their brands have been appearing alongside videos promoting terrorism and other unsavory sub...
    Published 3 hours, 42 minutes ago  
  • Trump's SEC pick, a Goldman lawyer, has skeptics

    Washington • Goldman Sachs may be about to get another friend in Washington. Jay Clayton, a well-connected Wall Street lawyer who is President Donald Trump’s pick to lead the Securities and Exchange Commission, is sure to face sharp questions fro...
    Published 3 hours, 42 minutes ago  
  • Kochs spending millions to stop GOP health care bill

    Washington • The conservative Koch network is promising to spend millions of dollars to defeat the health care overhaul backed by President Donald Trump and top House Republicans. The network’s leading organizations, Americans for Prosperity and ...
    Published 3 hours, 45 minutes ago  
  • Aussies -- first foreigners to own U.S. radio stations

    Juneau, Alaska • An Australian couple with roots in Alaska has bought more than two dozen radio stations in three states, marking the first time federal regulators have allowed full foreign ownership of U.S. radio stations. The Federal Communicatio...
    Published 6 hours, 54 minutes ago  
  • Gold's six-day winning streak is best since Brexit vote

    Gold prices are steadily climbing as equities retreat and concern deepens among investors that Donald Trump won’t deliver on pro-growth promises for the U.S. economy. Bullion for immediate delivery has gained more than 4 percent in six days, headin...
    Published 7 hours ago  
  • Treasuries rally drives U.S.-Germany yield spread to 4-month low

    Treasuries gained as U.S. equities were on pace for the biggest decline of 2017, spurring a haven bid. The rally pushed the yield advantage on 10-year U.S. Treasuries over German debt to the narrowest in more than four months. The benchmark 10-year U...
    Published 7 hours, 6 minutes ago  
  • Indexes inch back upward as tech stocks rise

    New York • After a shaky start, U.S. stocks finished mostly higher Wednesday as technology and industrial companies rose. Banks fell with interest rates as the market came off its biggest loss in five months. Stocks started lower, then rallied arou...
    Published 7 hours, 12 minutes ago  
  • Indexes inch back upward; Nike plunges

    New York • After a shaky start, U.S. stocks finished mostly higher Wednesday as technology and industrial companies rose. Banks fell with interest rates as the market came off its biggest loss in five months. Stocks started lower, then rallied arou...
    Published 7 hours, 12 minutes ago  
  • Sears, Nike stumble while FedEx, Duluth rise

    New York • Stocks that moved substantially or traded heavily on Wednesday: • Sears Holdings Corp., down $1.12 to $7.98 The retailer said in a regulatory filing that there is “substantial doubt” it will be able to remain in business. • Nik...
    Published 7 hours, 24 minutes ago  
  • Inspection scandal deflates Brazil meat exports

    Sao Paulo • Brazil’s meat exports effectively collapsed this week, the agricultural minister said Wednesday, as several countries halted imports from the South American country in the wake of a meat inspection scandal. Brazil is struggling to co...
    Published 9 hours, 6 minutes ago  
  • Expert: Bird flu outbreak nation's worst since 2015

    Birmingham, Ala. • A bird flu outbreak that has led officials to euthanize more than 200,000 animals in three Southern states already is the nation’s worst since 2015 and new cases are still popping up, an expert said Wednesday. Agriculture offic...
    Published 9 hours, 9 minutes ago  
  • 17,000 AT&T workers in California, Nevada on strike

    New York • A union representing AT&T workers says about 17,000 employees in California and Nevada have gone on strike over a change in some of their job duties. The Communications Workers of America said they went on strike Wednesday morning. T...
    Published 9 hours, 12 minutes ago  
  • Melting business: Warmer US winter hurts small companies

    BC-US--SmallBiz-Small Talk-Warmer Winter, 1st Ld-Writethru,1009 Melting business: Warmer US winter hurts small companies AP Photo ILNH301, ILNH303, ILNH302 (Eds: Clarifies description of business at Southern Trust Home Services. With AP Photos.) By J...
    Published 9 hours, 18 minutes ago  
  • Trump's SEC pick, ex-Goldman lawyer, has skeptics

    Washington • Goldman Sachs may be about to get another friend in Washington. Jay Clayton, a well-connected Wall Street lawyer who is President Donald Trump’s pick to lead the Securities and Exchange Commission, is sure to face sharp questions fro...
    Published 9 hours, 30 minutes ago  
  • Utah has 5th lowest jobless rate for vets

    Utah has the fifth lowest unemployment rate nationally for veterans living in the state. Their unemployment rate in 2016 was 2.3 percent — down dramatically from 8.1 percent in 2011, according to U.S. Bureau of Labor Statistics data released Wednes...
    Published 9 hours, 36 minutes ago