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Home » Business News

Business News

Trump Is Proposing To Make Tips Tax-Free. What Would That Mean For Workers?

Published by maggie@omahadai... on Tue, 06/25/2024 - 1:00am

WASHINGTON (AP) — Former President Donald Trump's new proposal to exclude tips from federal taxes is getting strong reviews from some Republican lawmakers, though major questions remain about the impact of the policy and how it would work.

  • Read more about Trump Is Proposing To Make Tips Tax-Free. What Would That Mean For Workers?

California Legislators Break With Gov. Newsom Over Loan To Keep State's Last Nuclear Plant Running

Published by maggie@omahadai... on Tue, 06/18/2024 - 7:00am

LOS ANGELES (AP) — The California Legislature signaled its intent on Thursday to cancel a $400 million loan payment to help finance a longer lifespan for the state’s last nuclear power plant, exposing a rift with Gov. Gavin Newsom who says that the power is critical to safeguarding energy supplies amid a warming climate.

  • Read more about California Legislators Break With Gov. Newsom Over Loan To Keep State's Last Nuclear Plant Running

Is Pittsburgh Still Stronger Than Hate?

Published by maggie@omahadai... on Tue, 06/18/2024 - 6:00am

PITTSBURGH -- For the first couple of years after the Tree of Life synagogue massacre that claimed the lives of 11 members of the Jewish community, Joe Mistick could not bring himself to drive past the synagogue despite its close proximity to his Squirrel Hill home.

  • Read more about Is Pittsburgh Still Stronger Than Hate?

Makerspace, New Businesses Bring Hope For Former ‘Skid Row Of The Plains’

Published by maggie@omahadai... on Tue, 06/18/2024 - 5:00am
An unincorporated village on the edge of the sprawling Pine Ridge Reservation, Whiteclay now offers Dollar stores along with a grocery, a ranch store, a tax preparation outlet and a restaurant. 
(Paul Hammel / Nebraska Examiner)

WHITECLAY, Nebraska — Art has replaced alcohol at one of the once-notorious buildings in this dusty village on the Nebraska-South Dakota border.

In the back room of the former Arrowhead beer store, Jessi Bean spreads out colorful fabric on a broad table as she works to make an ornate Native American “ribbon dress.”

  • Read more about Makerspace, New Businesses Bring Hope For Former ‘Skid Row Of The Plains’

High Orange Juice Prices May Be On The Table For A While Due To Disease And Extreme Weather

Published by maggie@omahadai... on Tue, 06/18/2024 - 4:00am
Workers load a truck with recently harvested oranges on a farm in Mogi Guacu, Brazil, Thursday, June 13, 2024. Brazil, the world's largest exporter of orange juice, has been affected by heatwaves, a lack of rainfall and an increase in citrus greening bacteria. 
(Andre Penner / AP Photo)

MOGI GUACU, Brazil (AP) — Orange juice prices have always been volatile, falling when bumper harvests create an oversupply of oranges and rising when frost or a hurricane knocks out fruit trees.

  • Read more about High Orange Juice Prices May Be On The Table For A While Due To Disease And Extreme Weather

Beyond Seinfeld’s ‘Unfrosted’ – Lessons From Michigan’s Serial Cereal Entrepreneurs

Published by maggie@omahadai... on Tue, 06/18/2024 - 2:00am
Popular Kellogg's cereal products. 
(John Raoux / AP Photo)

The recent release of “Unfrosted,” which was directed by Jerry Seinfeld, had an underwhelming debut on Netflix and has even been declared “one of the decade’s worst movies.”

But with a star-studded cast that includes Seinfeld, Jim Gaffigan and Amy Schumer, plus America’s love of the Pop-Tart – $US3 billion sold in 2022 – the movie has the potential to become a cult classic.

  • Read more about Beyond Seinfeld’s ‘Unfrosted’ – Lessons From Michigan’s Serial Cereal Entrepreneurs

Zombies: Ranks Of World's Most Debt-Hobbled Companies Are Soaring, And Not All Will Survive

Published by maggie@omahadai... on Tue, 06/11/2024 - 6:00am

NEW YORK (AP) — They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good.

  • Read more about Zombies: Ranks Of World's Most Debt-Hobbled Companies Are Soaring, And Not All Will Survive

Inflation's Silent Impact on American Family Businesses

Published by maggie@omahadai... on Tue, 06/11/2024 - 5:00am

MURRYSVILLE, Pennsylvania -- Seventy years after the Ferri family moved its grocery store from Turtle Creek to this Westmoreland County town, the family is calling it quits. The pressures of inflation and the unexpected closing of the Mainline Pharmacy, the independent pharmaceutical located inside their iconic structure, were the final two straws.

  • Read more about Inflation's Silent Impact on American Family Businesses

For Some Rural Communities, A Stripped-Down Hospital Is Better Than None At All

Published by maggie@omahadai... on Tue, 06/11/2024 - 4:00am
Martin County General Hospital in Williamston, N.C., sits abandoned in April 2024 after being closed in August 2023. Hospital leaders are consulting with state and federal officials about the possibility of reopening it as a rural emergency hospital. It would be the first hospital in the country to shut down and then reopen under the rural emergency hospital designation. 
(Karl B DeBlaker / The Associated Press)

On many days, some small hospitals in rural Mississippi admit just one patient — or none at all.

The hospitals are drowning in debt. The small, tight-knit communities they’ve anchored for decades can do little but watch as the hospitals shed services and staff just to stay afloat.

  • Read more about For Some Rural Communities, A Stripped-Down Hospital Is Better Than None At All

Financiers Plan To Launch A Texas-Based Stock Exchange

Published by maggie@omahadai... on Tue, 06/11/2024 - 3:00am

DALLAS (AP) — A group of financial firms and investors is planning to launch a Texas-based private market stock exchange and offer traders an alternative to the New York Stock Exchange and Nasdaq.

  • Read more about Financiers Plan To Launch A Texas-Based Stock Exchange
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