Business News

SAN BERNADINO, Ca. (USDOL) — A San Bernardino home contractor has paid nearly $320,000 after willfully denying overtime wages to 143 painters and other employees, after a U.S. Department of Labor investigation. Investigators with the department’s Wage and Hour Division determined that Sun West Serv…

REUTERS — Snap Inc, owner of photo messaging app Snapchat, said on Wednesday it has hired a former Google executive to help the tech company improve the performance of its digital ads. Darshan Kantak, who previously led product management for search ads at Alphabet Inc’s Google, joins Snap as…

FILE PHOTO: The keyboard and applications on an Apple MacBook Pro are shown at the Apple retail store in San Francisco, California, U.S. July 21, 2009. REUTERS/Robert Galbraith/File Photo REUTERS — Apple Inc is in talks with suppliers to make MacBooks in Thailand as part of the company’s ongo…

REUTERS (Singapore) — The dollar dipped on Wednesday against most major currencies, with the exception of the yen, with investors expecting U.S. inflation data out later in the global day to hold some clue on how soon U.S. interest rates will peak. Against a basket of currencies, the U.S. dollar in…

LONDON (Reuters) — World stocks rallied on Tuesday as traders held onto hope that interest rates will soon peak and fall later this year, even if the latest U.S. jobs data supported the case for a May hike by the Federal Reserve. Trading was largely sluggish as many markets reopened after a long ho…

REUTERS (Singapore) — Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors raised bets that the U.S. Federal Reserve will soon end its aggressive monetary tightening campaign. Bitcoin peaked at $30,438 in Asi…

REUTERS (New York) — U.S. stock indexes clawed back from steep losses to a mixed close on Monday as investors digested Friday’s employment report and prepared for an eventful week of inflation data and bank earnings. Megacap momentum stocks dragged the tech-heavy Nasdaq slightly lower, while …

SINGAPORE (Reuters) — Asian shares inched higher, while the dollar started the week on the front foot after U.S. jobs data pointed to a tight labor market, firming up expectations that the Federal Reserve will again raise interest rates at its meeting next month. MSCI’s broadest index of Asia…

(Reuters) — Florida Governor Ron DeSantis ramped up his fight against Walt Disney Co, seeking to void an agreement that Disney passed to limit the power of a board appointed by DeSantis to oversee its Florida theme park property. On Thursday in remarks made at Hillsdale College in Michigan, DeSanti…

NEW YORK (Reuters) — For months, consumers have clamored for banks to pay out more for deposits as the Federal Reserve raised interest rates. Now analysts say after the banking crisis shook markets last month, lenders appear to be rejigging offers in an effort to keep customers’ cash parked i…