×
×
homepage logo
LOGIN
SUBSCRIBE

Business

Wall Street falls, S&P 500 down 1.2% as global markets swoon

NEW YORK (AP) — Wall Street slumped Monday as markets tumbled worldwide on worries about the pandemic's economic pain, though the S&P 500 had pared its losses by the end of the day. The drops began in Asia as soon as trading opened for the week, and they accelerated in Europe on ...

Soaring wealth during pandemic highlights rising inequality

WASHINGTON (AP) — Americans' household wealth rebounded last quarter to a record high as the stock market quickly recovered from a pandemic-induced plunge in March. Yet the gains flowed mainly to the most affluent households even as tens of millions of people endured job losses and shrunken ...

Bedford’s Great NH Restaurants opens new eatery

BEDFORD – Tom Boucher of Great NH Restaurants – owner and CEO of T-BONES, CJ’s, Cactus Jack’s and Copper Door – announced the opening of T-BONES Concord in mid-September. Located at 404 S. Main St., off exit 12S on I-93 North, this will be the company’s sixth T-BONES Great ...

Rivier University launches early acceptance program, incentives

NASHUA – Rivier’s Early Acceptance Program offers qualified students who apply and visit campus the opportunity to receive an on-the-spot acceptance and several financial incentives, in addition to a competitive financial aid package. Students will receive up to $2,500 in grant awards and ...

Soloway named to new position

Robert Soloway has been appointed executive vice president at New Hampshire Mutual Bancorp. As executive vice president, Soloway will be a part of the NHMB executive leadership team, continuing as chief technology officer. Soloway has greatly impacted NHMB’s evolving technology since ...

Hawaii court hears case on legality of foreign fishing labor

HONOLULU (AP) — The Hawaii Supreme Court heard arguments Friday on the legality of issuing licenses to foreign workers in Hawaii's longline commercial fishing fleet, which for years has been under scrutiny after an Associated Press investigation revealed claims of human trafficking and ...

Mistake: Thousands told to return unemployment overpayment

BATON ROUGE, La. (AP) — A programming mistake caused more than 4,000 out-of-work Louisiana residents to get notices saying they'd been overpaid thousands of dollars in unemployment compensation and had to return the money, officials say. "I apologize," Louisiana Workforce Commission Ava ...

US bans WeChat, TikTok from app stores, threatens shutdowns

The U.S. Commerce Department said Friday it will ban Chinese-owned TikTok and WeChat from U.S. app stores on Sunday and will bar the apps from accessing essential internet services in the U.S. — a move that could effectively wreck the operation of both Chinese services for U.S. ...

Watchdog: FAA not prepared to update jet evacuation rules

DETROIT (AP) — The Federal Aviation Administration hasn't updated standards for emergency airliner evacuations in nearly two decades, a period when travelers have increasingly had to deal with tighter aircraft seats, more carry-on bags and support animals, a government watchdog says. The ...

U.S. stocks fall as market decline extends for third week

Wall Street capped another turbulent week of trading Friday with a broad slide in stocks that left the S&P 500 with its third-straight weekly loss. The S&P 500 fell 1.1%, led once again by a sell-off in technology companies, with Apple, Amazon and Alphabet weighing particularly on the ...

California jobless rate falls with help of temporary jobs

SACRAMENTO, Calif. (AP) — A raft of temporary government jobs for the U.S. Census boosted California's economy in August as the state added 101,900 jobs as the unemployment rate fell below the high-water mark of the Great Recession for the first time since March. But experts warned that ...

USDA plans additional $14B for farmers reeling from virus

DES MOINES, Iowa (AP) — The federal government said Friday that it will give farmers an additional $14 billion to compensate them for the difficulties they have experienced selling their crops, milk and meat because of the coronavirus pandemic. The U.S. Department of Agriculture released ...

Wall Street slumps as Big Tech once again leads decliners

Another slide in technology companies helped pull stocks lower on Wall Street Thursday, extending losses from the day before. The S&P 500 lost 0.8% after having been down 1.7% earlier. The selling was widespread, with eight of the 11 sectors that make up the benchmark index ending the ...

US judge blocks Postal Service changes that slowed mail

SEATTLE (AP) — A U.S. judge on Thursday blocked controversial Postal Service changes that have slowed mail nationwide, calling them "a politically motivated attack on the efficiency of the Postal Service" before the November election. Judge Stanley Bastian in Yakima, Washington, said he was ...

California paid leave law among nation’s broadest

SACRAMENTO, Calif. (AP) — A new law in California lets more people than almost anywhere else in the country take up to three months off from work to care for a family member thanks in part to a nursing mother who brought her baby to work with her on the final day of the state legislative ...

California governor signs laws to protect workers from virus

SACRAMENTO, Calif. (AP) — California companies must warn their workers of any potential exposure to the coronavirus and must pay their employees workers compensation benefits if they get sick with the disease under two laws that Gov. Gavin Newsom signed Thursday. Newsom, a Democrat, signed ...