U S consumer prices edge up driven by food costs
The Labor Department reports February consumer prices rose 0.1 percent with a 2.3 percent annual rise. Ex food and energy costs rose 0.2 percent, while energy and airline prices fell. Wage gains lag inflation, keeping broader price increases mild since the Great Recession ended. PepsiCo buys Rockstar Energy for 3.85 billion dollars, expanding beverage competition. In South Dakota, Oglala Sioux Tribe approves medical and recreational marijuana, creating a rare tribal cannabis market amid federal tension.
MENTIONED IN THIS ARTICLE
Washington
U.S
Labor Department
New York
PepsiCo
Rockstar Energy Beverages
Coca-Cola
Rockstar
Las Vegas
North America
Saudi Aramco to raise capacity as Abu Dhabi boosts output
Saudi Arabia directs Aramco to lift maximum production toward 13 million bpd while ADNOC plans to push output from about 3 million to over 4 million barrels daily starting next month. The move, aimed at pressuring Russia and gaining market share, follows a price war that cut Brent to around 36 dollars. Analysts foresee a weeks to months adjustment as markets react.
MENTIONED IN THIS ARTICLE
Dubai
United Arab Emirates
Saudi Arabia
Aramco
Abu Dhabi
ADNOC
Russia
Tadawul Stock Exchange
Tadawul
Saudi Energy Ministry
Mohammed bin Salman
Abdulaziz bin Salman
OPEC
Asia
Moscow
Riyadh
Eurasia Group
U.S
Treasury weighs extending 2019 tax deadline over coronavirus
The Treasury considers delaying the April 15 filing date to ease economic disruption from the virus. Mnuchin and Pelosi discussed options for stimulus while IRS says extensions depend on circumstances and Congress. Some relief for disaster areas exists, but paying extensions accrue interest.
MENTIONED IN THIS ARTICLE
Washington
U.S. Treasury Department
Treasury
Internal Revenue Service
Trump
Steven Mnuchin
Mnuchin
House
Nancy Pelosi
IRS
White House
U.S
Treasury Department
Congress
Tennessee
Disney gender pay lawsuit widens as 10th female executive joins
The suit accuses Disney of rampant gender pay discrimination with eight current employees and now Chelsea Hanke joining as the 10th plaintiff. The case, seeking class action status, adds California Fair Employment and Housing Act claims and targets pay gaps between women and men at Disney’s Burbank Glendale offices. Plaintiffs seek back pay salary increases, damages, and a gender equity task force, while Disney denies the allegations. The suit originated with LaRonda Rasmussen, who found a $40,000 yearly gap before an equity raise in 2017.
MENTIONED IN THIS ARTICLE
Walt Disney Co
Burbank
Los Angeles County
Daniel J. Buckley
Chelsea Hanke
Disney
Hanke
Buckley
California
Glendale
Hollywood
LaRonda Rasmussen
Rasmussen
Also Mentioned on This Page
Oglala Sioux
Armco
of Aramco
Nabil
Saudis
Airamco
Bloomberg News
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!