Economists project the measure could result in more planet-warming carbon dioxide from U.S.-produced oil and gas by 2030, even as more of that fuel gets exported. So if the Biden administration wants solar and wind, it must first offer new oil and gas leases. It also locks renewables and fossil fuel together for 10 years. The legislation mandates several oil and gas lease sales.
But some analysts say the legislation will also boost oil and gas companies, offsetting at least some of the emissions reductions. (AP) - Renewable energy incentives in the climate bill signed by President Joe Biden are expected to drastically reduce overall U.S. Starbucks opposes the unionization effort.Ĭlimate bill’s unlikely beneficiary: US oil and gas industryīILLINGS, Mont. Starbucks stores, including the Memphis store, have voted to unionize. The case has been among the most closely watched in the unionization effort at Starbucks. Lipman’s decision requires Starbucks to offer reinstatement to the employees within five days. District Judge Sheryl Lipman agreed with the National Labor Relations Board, which had asked the court to intervene in May. (AP) - A federal judge is ordering Starbucks to reinstate seven employees in Memphis, Tennessee, who were fired earlier this year after leading an effort to unionize their store. Starbucks must reinstate fired workers, federal judge rules government reported that slightly fewer Americans filed for unemployment benefits last week as the labor market remains strong. The yield on the 10-year Treasury fell to 2.87%. Energy companies also climbed along with rising crude oil prices. Cisco Systems rose after turning in stronger-than-expected quarterly results. The Nasdaq also rose as technology companies gained ground. The Dow Jones Industrial Average ended a touch higher. The S&P 500 rose 0.2% Thursday, putting it just barely back into the green for the week. NEW YORK (AP) - Stocks ended modestly higher on Wall Street after another day of choppy trading. Stocks end higher on Wall Street after more choppy trading American, United and Southwest say they have no plans to buy back stock when a prohibition against buybacks ends Sept. airlines spent more than $39 billion on stock buybacks from 2014 through 2019 rather than making investments to help employees and passengers. The unions said Thursday that the four largest U.S. The unions want the airlines to spend money instead on hiring more workers and fixing problems that are causing widespread flight delays and cancellations. airlines not to buy back their own stock. Unions push airlines to promise they’ll avoid stock buybacksĭALLAS (AP) - Labor unions are pushing U.S.
Russian entrepreneurs saw opportunity in suddenly unoccupied stores after Western companies exited the country. The venture follows the strategy of reviving closed McDonald’s outlets under a new name but with fundamentally the same menu. They have the nearly identical name of Stars Coffee and a logo almost indistinguishable from its predecessor’s. company left Russia in the wake of Russia’s military operation in Ukraine, entrepreneurs who bought the assets are opening shops in former Starbucks locations this week. MOSCOW (AP) - Russian fans of Starbucks coffee shops are getting the chance to see if a homegrown successor can measure up. Unemployment applications generally reflect layoffs and are often seen as an early indicator of where the job market is headed. The four-week average for claims, which evens out some of the week-to-week volatility, fell by 2,750 to 246,750. Last week’s number, which raised some eyebrows, was revised down by 10,000. Applications for jobless aid for the week ending August 13 fell by 2,000 to 250,000, the Labor Department reported Thursday. WASHINGTON (AP) - Slightly fewer Americans filed for unemployment benefits last week as the labor market continues to be the strongest segment of the U.S. But the slowdown has begun to tip the homebuying equation, if ever so slightly, in favor of house hunters who can afford to stay in the market and away from sellers.įewer Americans file for jobless benefits last week The National Association of Realtors said Thursday that sales fell 20.2% from July last year, reaching the slowest pace since May 2020, near the start of the pandemic. Sharply higher mortgage rates, surging inflation and prices that remain near all-time highs are making homes less affordable. LOS ANGELES (AP) - The housing market’s comedown from its high-flying days early this year is deepening, with home sales in July falling for the sixth straight month. US home sales fell in July some buyers see silver lining
0 kommentar(er)
