Business

NEW YORK (AP) — Americans who spend Memorial Day scouting sales online and in stores may find more reasons to celebrate the return of warmer weather. Major retailers are stepping up discounts heading into the summer months, hoping to entice inflation-weary shoppers into opening their wallets.

ATLANTA (AP) — A record was broken ahead of the Memorial Day weekend for the number of airline travelers screened at U.S. airports, the Transportation Security Administration said Saturday. More than 2.9 million travelers were screened at U.S. airports on Friday, surpassing a previous record set last year on the Sunday after Thanksgiving, according to the transportation security agency.

OLYMPIA, Wash. (AP) — Washington Gov. Jay Inslee on Thursday rejected a recommendation to cut a proposal for what would be the state's largest wind farm in half, giving new life to the $1.7 billion project.

The federal government agreed to a $15 million fine for Norfolk Southern over last year's disastrous derailment in East Palestine, Ohio, and the railroad promised to pay more than $500 million to complete the efforts to improve safety that it announced after the crash and address community health concerns.

WASHINGTON (AP) — The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live events in America — squelching competition and driving up prices for fans.

A federal judge has signed off on the $600 million class action settlement over last year's disastrous Norfolk Southern derailment in eastern Ohio, but many people who live near East Palestine are still wondering how much they will end up with out of the deal.

DETROIT (AP) — Cars, trucks and SUVs in the U.S. keep getting older, hitting a record average age of 12.6 years in 2024 as people hang on to their vehicles largely because new ones cost so much.

SEOUL, South Korea (AP) — Leading artificial intelligence companies made a fresh pledge at a mini-summit Tuesday to develop AI safely, while world leaders agreed to build a network of publicly backed safety institutes to advance research and testing of the technology.

WASHINGTON (AP) — Cyberattacks against water utilities across the country are becoming more frequent and more severe, the Environmental Protection Agency warned Monday as it issued an enforcement alert urging water systems to take immediate actions to protect the nation's drinking water.

WASHINGTON (AP) — BMW, Jaguar Land Rover and Volkswagen have bought parts made by a Chinese company sanctioned under a 2021 law for using forced labor, a Senate inquiry found, prompting lawmakers to call for stricter enforcement.

Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection.

BALTIMORE (AP) — The container ship that caused the deadly collapse of Baltimore’s Francis Scott Key Bridge was refloated at high tide Monday and began slowly moving back to port, guided by several tugboats.

DENPASAR, Indonesia (AP) — Elon Musk traveled to Indonesia’s resort island of Bali on Sunday to launch Starlink satellite internet service in the world’s largest archipelago nation.

WASHINGTON (AP) — Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings.

BENTONVILLE, Ark. (AP) — Walmart on Tuesday announced layoffs affecting several hundred jobs at the retail giant’s campus offices.

Home Depot's sales continued to soften in the first quarter as the nation's largest home improvement retailer was not only constrained by high mortgage rates and higher inflation for its customers, but it also had to deal with a delayed start to spring.

LIVONIA, Mich. (AP) — A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling. The car, launched last year by Chinese automaker BYD, sells for around $12,000 in China, but drives well and is put together with craftsmanship that rivals U.S.-made electric vehicles that cost three times as much. A shorter-range version costs under $10,000.

LOS ANGELES (AP) — Homeowners have been spending more on home renovations in recent years, as high interest rates and stubbornly high inflation drove up costs for everything from flooring to refrigerators.

Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted Thursday to elect three of the board members an activist investor nominated, but he won’t be fired right away.

Boeing has locked out its private force of firefighters who protect its aircraft-manufacturing plants in the Seattle area and brought in replacements after the latest round of negotiations with the firefighters' union failed to deliver an agreement on wages.

WASHINGTON (AP) — The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow …

SAN FRANCISCO (AP) — Comcast has blacked out 15 regional sports networks offered by Bally Sports, escalating a contract dispute with their distributor. The cutoff affects games played by a dozen Major League Baseball teams based in nine states, including the Atlanta Braves.

WASHINGTON (AP) — The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target.

WASHINGTON (AP) — The Environmental Protection Agency said Tuesday it has finalized a ban on consumer uses of methylene chloride, a chemical that is widely used as a paint stripper but is known to cause liver cancer and other health problems.

The activist investors trying to take control of Norfolk Southern's board are picking up key support, but the railroad's CEO promised Monday to fight the takeover attempt until a May 9 shareholder vote because he believes his strategy is the best in the long run for investors, customers and workers.

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