Stocks fell in afternoon trading on Wall Street Wednesday, extending its slump as the crisis in Ukraine remains tense. The S&P 500 fell 79 points, or 1.8%, to close at 4,225, deepening its “correction,” or a loss of 10% from its recent peak. The Dow Jones Industrial Average fell 1.4%, …
Read More »Listeria outbreak tied to Dole salads kills two and sickens 17, CDC says
An outbreak of listeria linked to recalled bags of garden salad has killed two people and sickened 17 others in 13 states, according to federal health officials. The outbreak is tied to packaged salads produced by Dole and sold under 11 brands, including Dole, Kroger and Nature’s Promise, the U.S. Centers …
Read More »As New York legalizes sports betting, insiders wager on deluge of betting
New York became the 18th state to legalize online sports betting, but it’s a whale of a player because of its 20 million-plus residents, making industry insiders believe the Empire State will set a new record for the highest amount of sports wagering in the first two months of business. …
Read More »Some cities will pay you $10,000 to live there. Should you move?
Cities and states are shelling out serious cash to lure remote workers. Tulsa, Oklahoma, will pay you $10,000 to move there and telework. West Virginia is offering $12,000 and two years of free outdoor gear rental. Move to Maine, and the state will help you pay off your student loans. …
Read More »Robinhood says hackers stole data belonging to 7 million customers
Robinhood said Monday that the popular trading app suffered a security breach last week where hackers accessed some personal information of roughly 7 million users then demanded a ransom payment. The online trading platform said it believes no Social Security numbers, bank account numbers or debit-card numbers were exposed and …
Read More »Top tax rate on capital gains could reach highest level since ’70s
The top federal tax rate on capital gains could reach levels not seen since the 1970s under the House Democrats’ proposed $3.5 trillion budget reconciliation package, according to a new report. That plan would raise the so-called marginal rate on capital gains — what investors pay when they profit when selling …
Read More »California governor, lawmakers want state to pay addicts to get sober
Frustrated by out-of-control increases in drug overdose deaths, California’s leaders are trying something radical: They want the state to be the first to pay people to stay sober. The federal government has been doing it for years with military veterans. Research shows it is one of the most effective ways …
Read More »AMC Theatre’s hourly workers call for holiday and overtime pay from cinema chain
For many film fans, going to the movies is an annual holiday tradition. But for hourly employees at AMC Theatres, the nation’s largest cinema chain, there’s no extra pay for working Christmas Day or any other holiday. In fact, their hourly rates do not increase even when they work more …
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