Category: Companies

Former ABC News Reporter Arrested Over Child Pornography Charge

February 1, 2023
ABCBusiness & MarketsCompaniesCrime and IncidentsMedia & Big TechRegional & State NewsState NewsUSUS NewsVirginia
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A former investigative reporter for ABC News has been arrested and charged with transportation of child pornography. Federal authorities found evidence that James Gordon Meek sent and received child pornography images, according to court documents unsealed on Feb. 1 after Meek’s arrest in Virginia. The evidence included an iPhone at Meek’s home that showed the…

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Former ABC News Reporter Hit With Child Pornography Charge

February 1, 2023
ABCBusiness & MarketsCompaniesCrime and IncidentsMedia & Big TechRegional & State NewsState NewsUSUS NewsVirginia
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A former investigative reporter for ABC News has been arrested and charged with transportation of child pornography. Federal authorities found evidence that James Gordon Meek sent and received child pornography images, according to court documents unsealed on Feb. 1 after Meek’s arrest in Virginia. The evidence included an iPhone at Meek’s home that showed the…

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Airlines Cancel Over 1,800 US Flights as Ice Storm Hits Multiple States

February 1, 2023
airlinesBusiness & MarketscancellationCompaniesRegional & State NewsState NewsTexasUSUS News
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Airlines canceled over 1,800 flights in the United States on Wednesday, after an ice storm hit states from Texas to West Virginia. A total of 1,897 flights within, into, or out of the United States were canceled, while 750 flights were delayed as of 8.41 a.m. ET, according to flight-tracking website FlightAware. “This week’s winter…

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Banana Boat Sunscreen Recall Expanded Over Cancer-Causing Chemical

February 1, 2023
banana boatBusiness & MarketsCompaniesrecallUSUS News
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Edgewell Personal Care Co. has expanded the nationwide voluntary recall of its Banana Boat sunscreens because some samples were found to have unexpected levels of benzene, a cancer-causing chemical. In a recall notice issued on Jan. 30, the U.S. Food and Drug Administration (FDA) announced that the company’s recall now includes four batches of the…

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Eurozone Factories Are Likely Over the Worst: PMI

February 1, 2023
Business & MarketsCompanieseconomyEuropeeurozoneinflationMarketsPMIrecessionWorld
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LONDON—The downturn in eurozone manufacturing activity eased again last month suggesting the worst may be over, according to a survey that showed price pressures slackened and the fall in demand moderated, driving a surge in optimism. S&P Global’s final manufacturing Purchasing Managers’ Index (PMI) climbed to a five-month high of 48.8 in January from December’s…

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Boeing Associates Watch Final 747 Jet Depart

February 1, 2023
747BoeingBusiness & MarketsCompaniesEpochTVEpochTV LiveJetLive VideosUSUS NewsVideo
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Boeing employees and executives watch the departure of the final 747 jet at 11 a.m. ET on Feb. 1, from the Boeing Future of Flight Museum at Paine Field in Everett, Washington. The Epoch Times will livestream the event. …

Wall Street Opens Lower Ahead of Fed Decision; AMD Rises on Outlook

February 1, 2023
Business & MarketsCompanieseconomic policieseconomyinflationMarketsrecessionstocksUS
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U.S. stock indexes opened lower on Wednesday as investors cautiously awaited the Federal Reserve’s decision on interest rates later in the day, while chipmaker Advanced Micro Devices climbed on an upbeat outlook. The Dow Jones Industrial Average fell 46.44 points, or 0.14 percent, at the open to 34,039.60. The S&P 500 opened lower by 6.53…

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Caterpillar Sales Jump 20 Percent in Fourth Quarter, but Profit per Share Falls

February 1, 2023
Business & MarketscaterpillarCompaniesprofitsalesUS
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American construction equipment manufacturer Caterpillar saw strong sales growth in the fourth quarter, but registered lower year-over-year profit per share, reportedly owing to foreign exchange headwinds. Caterpillar’s fourth-quarter 2022 sales and revenues came in at $16.6 billion, which is a 20 percent increase from the $13.8 billion made in fourth quarter 2021, according to a press…

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Stocks Firm, Dollar Retreats Ahead of Fed Decision

February 1, 2023
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsMedia & Big Techrecessionstocks
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LONDON/SINGAPORE—Global stocks edged up on Wednesday as signs of slowing U.S. wage growth supported expectations that the Federal Reserve could signal an end to interest-rate hikes at its meeting later in the day. Wall Street indexes had rallied, as had bonds to a lesser extent, while the dollar gave up gains overnight when the Fed’s…

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US Probes Complaints of Parts Flying Off of Ford Explorers

February 1, 2023
Business & MarketsCompaniesflyingFordparts
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DETROIT—The U.S. government’s road safety agency is investigating complaints that windshield trim panels can fly off of Ford Explorers while they’re traveling at highway speeds. The National Highway Traffic Safety Administration (NHTSA) says it has 164 complaints about the trim pieces detaching on 2011 through 2019 Explorer SUVs. The probe covers about 1.86 million vehicles….

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