Hundreds of workers went on strike early Friday morning at a hotel near the Las Vegas Strip. Around 700 hospitality workers walked off the job at Virgin Hotels Las Vegas as contract negotiations between the hotel and the Culinary Union broke down. The Culinary Union said Friday’s action is its first open-ended strike in…
JPMorgan Chase CEO Jamie Dimon said Wall Street bankers, regardless of who they voted for, are “dancing in the street” over President-elect Donald Trump’s win as they anticipate he will loosen stringent regulations across the industry. “A lot of bankers, they’re like dancing in the street because they’ve had successive…
President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters. Ending the tax credit could have grave implications for an already stalling U.S. EV transition. And yet…
At least 104 people have been sickened, with 34 hospitalized, in an outbreak of E. coli food poisoning tied to onions served on McDonald’s Quarter Pounder hamburgers, federal health officials said Wednesday. Cases have been detected in 14 states, according to an update from the US Centers for Disease Control…
Bitcoin soared on Monday to fresh all-time highs on Donald Trump’s White House win after he staked his claim as a pro-crypto presidential candidate during his campaign. The pricey cryptocurrency jumped 5.5% on Monday to $84,788.81. It had spiked about 9% on Wednesday after early morning election results showed Trump…
Sam Altman-led OpenAI is in early talks with the California attorney general’s office to change its corporate structure in a bid to become a for-profit business, Bloomberg News reported on Monday, citing two people familiar with the matter. OpenAI and a representative for the California Attorney General did not immediately respond to Reuters’…
A New York judge on Thursday ordered Chrysler Building tenants to pay their rent to Cooper Union instead of the real estate company that owns the leasehold — and ordered the firm’s mogul Aby Rosen to pay $21 million in back rent to the school. The stinging setback comes after…
Ford is temporarily halting production of its all-electric F-150 Lightning pickup truck in the face of slowing demand for battery-powered vehicles. The Detroit automaker announced Thursday that it would pause manufacturing of the pickup truck for several weeks beginning in mid-November. Ford employees will resume manufacturing of the F-150 on…
Elon Musk reportedly wants to build a secret family compound for the two of the three mothers of his 11 children – even though just one has so far agreed to move in. The Tesla CEO has reportedly purchased two large homes in a leafy part of in Austin, Texas,…
More than 200,000 people had canceled their digital subscriptions for the Washington Post by midday on Monday, following the newspaper’s decision to block an endorsement of Vice President Kamala Harris for president, National Public Radio reported. Not all cancellations take effect immediately, the NPR report said, adding that still, the figure represents about 8%…
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