Keyword: business
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A woman in her 70s in Norrbotten, Sweden, started selling homemade bread and pastries in 2019, but without a registered business and without having a government-approved kitchen for food production. Her cinnamon buns, in particular, became a hit with locals. She was given a fine by the local council, but despite repeated pressure, she did not pay. The case first gained attention in autumn 2024 when the woman was ultimately sentenced to one month and 14 days in prison after continuing her sales and not paying any fines. The verdict is being appealed to the Court of Appeal for Upper...
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Verizon announced the termination of its diversity, equity, and inclusion (DEI) policies in a Thursday letter sent to FCC Chairman Brandon Carr. The telecommunications company said it recognized that some of its DEI policies were "discriminatory" and vowed to terminate all company roles focused on DEI effective immediately. This comes after the Trump administration launched a probe into the company over such policies in February. Verizon cited Supreme Court rulings, President Donald Trump's executive orders, and federal mandates for its decision to eliminate DEI from the company. The company will no longer maintain workforce diversity goals and said it would...
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New York business groups are blasting Attorney General Tish James for a pro-consumer push that they fear would be a legislative misfire — boosting greedy lawyers and unleashing “legal shakedowns.” James’ FAIR Business Practices Act looks to tighten up consumer protections to crack down on shady crimes like deed theft, junk fees and hard-to-cancel subscriptions, but critics said it will open up small businesses to frivolous lawsuits and legal threats. “The so-called FAIR Act would be anything but fair to New York’s business community, especially Main Street businesses,” said Tom Stebbins, executive director of the Lawsuit Reform Alliance of NY....
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The second largest carmaker in the world will be relocating the manufacturing of its luxury brand to the United States after President Donald Trump has been encouraging car companies to do business in the US. Volkswagen Group, which is the second largest car manufacturer in the world, will be joining a number of other car manufacturers in moving production to the United States for the German automaker's luxury brand, Audi, per the Daily Mail. A spokesman for the company told the outlet, "We want to localize more strongly in the USA. To this end, we are currently examining various scenarios....
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Gov. Kathy Hochul is delivering a big win to businesses that have been pressuring her to pay off their billions of dollars in unemployment-insurance debt — but she’s stealing the cash from state reserves to do it. Hochul said Monday that the state will cover the roughly $7 billion debt still lingering for employers from the pandemic. The businesses had hoped federal money that the state received during COVID-19 would at least partly be used to help cover the deluge of unemployment claims spurred by the pandemic, as most other states did.+ But the state used the money for other...
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New York Attorney General Letitia James said Saturday she plans to team up with other lefty AGs nationwide to sue the Trump administration’s Department of Health and Human Services over healthcare funding cuts. “The White House is threatening our way of life in so many ways, and I just want you to know that in the coming days we will be filing a lawsuit against [HHS],” revealed James at a National Action Network rally in Harlem. James cited as examples anticipated cuts in federal aid to the Head Start program that helps low-income kids ages five and under prepare for...
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McDonald’s sales dropped in the beginning of the year, marking the second consecutive quarter of declines as customers pull back their spending amid economic uncertainty. In the United States, its largest market, same-store sales dropped 3.6% — the chain’s worst drop since 2020 during the height of the Covid pandemic when people were told to stay home. Net income for the first quarter was $1.87 billion, a decline from $1.93 billion compared to the same period a year ago. However, McDonald’s notes that since last year had a Leap Day, or an extra day to make money, that slightly hurt...
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Kohl’s has fired its newly installed CEO, who has spent less than five months in the position, after the retailer found that Ashley Buchanan engaged in unethical behavior. Buchanan’s dismissal was “for cause,” a rare rebuke of a business leader that carries serious weight in the business community. It comes after an investigation from an outside counsel found that he “violated company policies by directing the company to engage in vendor transactions that involved undisclosed conflicts of interest,” according to a press release. Kohl’s added that his termination is “unrelated to the company’s performance, financial reporting, results of operations and...
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Editor’s note: This story has been updated to correctly identify and link to the businesses involved. DENVER (KDVR) — U.S. Immigration and Customs Enforcement said three Colorado businesses are facing $8 million in fines due to “illegal alien employment violations.” On Wednesday, ICE posted on X that they issued a notice of intent to fine three local businesses for employment violations. The violations were discovered following worksite audits. The companies that will be fined, according to ICE, are: CCS Denver, Inc. – Fined $6,186,171 after a 100% substantive violation rate and evidence of knowingly hiring and employing at least 87...
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The Taiwan Semiconductor Manufacturing Company (TSMC) broke ground Tuesday on its third factory in Arizona, widening the Trump administration’s push to yank critical chip production out of China’s shadow, according to the Department of Commerce. The new fab — backed by some $6.6 billion in CHIPS Act grants and part of a broader $100 billion expansion pledge TSMC made in March — is slated to provide thousands of local jobs and anchor a domestic supply chain for everything from smartphones to fighter jet avionics, according to a TSMC press release “It’s the key,” Commerce Secretary Howard Lutnick said of domestic...
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To hear the Democrats say it, the country is in chaos, the economy is collapsing, and it’s all Trump’s fault. But nothing could be further from the truth. In fact, the Trump administration marked its first 100 days with impressive economic achievements, as Press Secretary Karoline Leavitt and Treasury Secretary Scott Bessent detailed in Tuesday's briefing. Leavitt revealed strong job growth numbers, announcing, "345,000 jobs have already been added since the start of President Trump's term. Last month's jobs report saw nearly 100,000 more jobs than economists predicted." "It was the fourth highest month for private payroll growth in the...
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Jefferson, who had always advised minimal government interference, contradicted his own principles by putting in place this law, which gave him extraordinary and unprecedented power over all American trade. The Embargo Act was an embargo declared by the USA, under President Jefferson, against Britain and France, the prime combatants in the Napoleonic Wars... the U.S. declared their neutrality in the faraway war, seeking to keep its trade links with European countries unharmed. However, wartime circumstances meant that both Britain and France did their best to hamper the sources of revenue of the other faction.... The worst incident in a series...
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This could really take a bite out of the Big Apple. The secondhand apparel industry may be dodging duties on imported goods – but the impact of President Trump’s tariffs on thrift shops may still bring a wrecking ball to businesses across the city, resellers told The Post. “There’s a lot of rhetoric that everybody’s going to turn to second-hand [clothing] when wallets tighten,” said Alexis Krase, owner of plus-size secondhand store Plus BKLYN in Greenpoint. “But overall, I think that ultimately means people are also being more critical of spending dollars in general: Overall sales will be down.” Krase,...
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Opponents of President Donald Trump and billionaire Elon Musk plan to rally across the U.S. on Saturday to protest the administration's actions on government downsizing, the economy, human rights and other issues. More than 1,200 “Hands Off!” demonstrations have been planned by more than 150 groups, including civil rights organizations, labor unions, LBGTQ+ advocates, veterans and elections activists. The protests are planned for the National Mall in Washington, D.C., state capitols and other locations in all 50 states. Protesters are assailing the Trump administration's moves to fire thousands of federal workers, close Social Security Administration field offices, effectively shutter entire...
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At the Remote Encoding Center in Salt Lake City, keyers process 1.2 billion images of mail every year. It's a more difficult job than I thought.
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Washington -- America’s craft brewers already have enough problems. Hard seltzers and cocktails are muscling into beer sales. Millennials and Gen Z don’t drink as much as their elders. Brewpubs still haven’t fully recovered from the shock of COVID-19 five years ago. Now there’s a new threat: President Donald Trump’s tariffs, including levies of 25 per cent on imported steel and aluminum and on goods from Canada and Mexico. “It’s going to cost the industry a substantial amount of money,” said Matt Cole, brewmaster at Ohio-based Fat Head’s Brewery. Trump’ trade war “will be crippling for our industry if this...
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Strelmark President Hilary Fordwich says politicians should know “how to run a business” before coming into power. UK Labour has been accused of being anti-business after reports of more than 200,000 businesses have folded since they took power. Ms Fordwich told Sky News Digital Presenter Gabriella Power that businesses are “leaving” the UK and moving to the US.
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Shares sagged Thursday in Asia, apart from China, after President Donald Trump announced he will slap 25per cent tariffs on imported cars. Trump said he was raising duties on auto imports to encourage more manufacturing in the US, but the impact will be complicated since US automakers and even foreign manufacturers with factories in the U.S. Source many of their components from around the world. Japan’s benchmark Nikkei 225 lost 1per cent to 37,662.36. Toyota Motor Corp stock dove 3.2per cent, while Honda Motor Co stock dipped 2.8per cent. Nissan was down 2.6per cent. Mazda Motor Corp shares dropped 6.5per...
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America’s natural gas industry celebrated Monday after President Donald Trump signed into law a resolution repealing Biden-era fees on methane emissions. The Waste Emissions Charge, which Republicans say is the equivalent of a natural gas tax, was authorized by the 2022 Inflation Reduction Act and implemented by the Environmental Protection Agency in November 2024. The resolution rescinds that regulation under the Congressional Review Act. The CRA legislation gives Congress the authority to repeal regulations issued during the final months of a previous administration. House Committee on Energy and Commerce Chairman Brett Guthrie, R-Ky., called the repeal “a victory for the...
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An alleged robber is hospitalized after being shot by a Houston, Texas, mechanic shop owner around 1:40 a.m. Friday morning. Click2Houston reported the shop owner spotted the alleged burglar on surveillance cameras and went to the shop to investigate. Once there, he confronted the suspect, who allegedly became “aggressive.” KHOU 11 noted proprietor then shot the alleged robber, hitting him once in the abdomen.
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