Category: Business

Teen Lumberjack Who’s Been Chopping Wood Since Age 6 Starts Own Business Selling Firewood

Michigan eighth-grader Cameron Janda has been chopping wood ever since he could read. Now 13 years old, he’s been running his own business chopping and selling firewood for two years—and he still finds time to ace his schoolwork. Proud mom Barbara Kline says it is her son’s rigorous organization that makes all this possible. “The…


Uber Pays $3.4 Million for Seattle Gig Worker Leave Law Mistakes

SEATTLE—Uber has agreed to pay more than $3.4 million to 15,000 drivers after making mistakes related to Seattle’s pioneering paid sick leave law covering gig workers. Amid the COVID-19 pandemic, the Seattle City Council last year temporarily extended sick and safe leave protections to gig workers, who previously didn’t qualify because many companies treat them…


Biden DOJ Backs Trump-Era Approval of Line 3 Pipeline Opposed by Environmental Groups

The Biden administration has backed the validity of a Trump-era environmental assessments and subsequent approval of a controversial Minnesota pipeline project that environmental groups have sued to block. In a 65-page legal brief filed on Wednesday (pdf), the Department of Justice (DOJ) argued that the U.S. Army Corps of Engineers’ 2020 approval of Enbridge Inc.’s Line…


Microsoft Debuts Windows 11, First Major Update in 6 Years

Microsoft has unveiled the next generation of its Windows software, called Windows 11, which has sleeker visual features and is more open to third-party apps. The newest version of Microsoft’s flagship operating system announced Thursday will be a successor to today’s Windows 10, which the company introduced in 2015. In a challenge to rival Apple,…


US Durable Goods Orders Rise 2.3 Percent in May

WASHINGTON—Orders to U.S. factories for big-ticket manufactured goods rose for the 12th time in the last 13 months in May, pulled up by surge in demand for civilian aircraft. The Commerce Department said Thursday that orders for durable goods—meant to last at least three years—climbed 2.3 percent in May, reversing a 0.8 percent drop in…


US Jobless Claims Tick Down to 411,000 as Economy Heals

WASHINGTON—The number of Americans applying for unemployment benefits dropped last week, a sign that layoffs declined and the job market is improving. The Labor Department said Thursday that jobless claims declined just 7,000 from the previous week to 411,000. The number of weekly applications for unemployment aid has fallen steadily this year from about 900,000…


Yellen Pleads With Congress to Raise Debt Ceiling or Risk ‘Unthinkable’ Default

Treasury Secretary Janet Yellen on Wednesday pleaded with lawmakers to raise the federal debt ceiling to stave off an “unthinkable” first-ever default on U.S. debt obligations that could spark a financial crisis. Yellen made the remarks in testimony before a Senate Appropriations subcommittee, urging lawmakers to raise the legal cap on how much the federal…


Supreme Court Rules on Behalf of Businesses and Private Property Protections in California Union Access Dispute

The Supreme Court ruled on Wednesday that a California regulation forcing agricultural employers to allow union organizers access to their property is unconstitutional, delivering a win to business interests and advocates of private property protections. In a 6–3 vote, the high court sided with two businesses that challenged the California rule that lets union representatives…


Amazon Donated Hundreds of Copies of ‘Antiracist’ Book to Virginia Public School, Report Says

Amazon donated hundreds of copies of a book by critical race theorist Ibram X. Kendi to an Arlington, Virginia, high school, and paid the book’s co-author to address the students and teachers, according to recently uncovered emails between the company and school district officials. The emails, obtained by watchdog group Parents Defending Education (PDE) via…


US, Europe, Japan, and Taiwan Stress Tech Supply Chain Partnership at Transnational Forum

As the COVID-19 pandemic has affected nations unprecedentedly, the United States, Europe, Japan, and Taiwan are taking collective action to cement their tech supply chain partnership. On June 22, an ad-hoc online forum for this alliance was co-organized by the European Economic and Trade Office (EETO), the American Institute in Taiwan (AIT), the Japan-Taiwan Exchange Association…