Amazon Plans to Invest $11B for Data Center in Northern Indiana
Amazon’s cloud computing unit, Amazon Web Services, plans to invest $11 billion to build a data center that will create at least 1,000 new jobs in New Carlisle, Indiana.
FTC Sends $5.6 Million in Refunds to Ring Customers Over Privacy Settlement
The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring.
US Growth Slowed Sharply Last Quarter to 1.6% Pace
The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace.
EPA Issues Stricter Pollution Controls on Coal-Fired Power Plants
Coal-fired power plants would be forced to restrict smokestack emissions — or shut down operations — under a rule issued Thursday by the Environmental Protection Agency.
Boeing’s Financial Struggle Continues, Families of Crash Victims Urge Prosecution
Boeing said Wednesday it lost $355 million on falling revenue in the first quarter of 2024.
Transportation Department Updates Airline Passenger Fee and Refund Rules
New federal rules will require airlines to automatically issue cash refunds for canceled or delayed flights; and better disclose add-on fees such as for baggage or canceling a reservation.
New Federal Rule Grants Overtime Eligibility to More Salary Workers
The largest expansion in federal overtime eligibility seen in decades will take effect July 1 with new rules that are intended to benefit lower-paid salary workers.
Limited Child Care Throttling Plans for Moms to Rejoin Workforce, Researchers Find
High-quality child care in the U.S. is prohibitively expensive, government assistance is limited, and day care openings are rare. The impact? Fewer moms in the workforce.
FTC Votes to Ban Noncompete Agreements
U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday.
Google Fires More Workers Who Protested Business Deal with Israel
Google has fired at least 20 more workers in response to protests over technology the company is supplying the Israeli government, a group representing the workers said.
FTC Sues to Block $8.5 Billion Luxury Brand Merger
Regulators said the deal, announced in August 2023, would eliminate direct head-to-head competition between the fashion companies’ brands like Coach and Michael Kors.
Starbucks Takes National Labor Relations Board to Supreme Court
The Supreme Court is hearing Starbucks' case against the National Labor Relations Board over a dispute on how and when the federal government can step in during employee unionization efforts.
Express Files for Chapter 11 Bankruptcy Protection, Announces Store Closures
The retailer based in Columbus, Ohio, and founded in 1980 also said Monday it is seeking to sell the majority of its stores.
Albertsons, Kroger Agree to Sell Additional Stores to Satisfy Regulators
Kroger and Albertsons said Monday they will sell additional stores in an effort to quell the federal government’s concern about a proposed merger.
Jury Finds BNSF Contributed to 2 Asbestos-Related Deaths in Montana Town
A federal jury on Monday said Warren Buffett’s BNSF Railway contributed to deaths of two people who were exposed to asbestos decades ago.
