Business Highlights: Amazon union rejection, Fed’s fight

___ Amazon workers in NYC reject union in a reversal of fortune NEW YORK (AP) – Amazon warehouse workers overwhelmingly rejected a union bid on Monday, dealing a blow to organizers who last month pulled off the first successful US organizing effort in the retail giant’s history. This time around, warehouse workers cast 618 votes … Read more

Business Highlights: Gas ‘blackmail,’ Meta’s profit

___ Musk’s Twitter ambitions to collide with Europe’s tech rules LONDON (AP) – A hands-off approach to moderating content at Elon Musk’s Twitter could clash with ambitious new laws in Europe meant to protect users from disinformation, hate speech and other harmful material. European Union officials and digital campaigners have been quick to say that … Read more

Business Highlights: Musk and Twitter, Ukraine’s economy

___ Tesla CEO Elon Musk won’t join Twitter’s board after all SAN FRANCISCO (AP) – Billionaire Elon Musk, one of Twitter’s biggest shareholders, is reversing course and will no longer join the company’s board of directors, less than a week after being awarded a seat. Twitter CEO Parag Agrawal announced the news, which followed a … Read more

Business Highlights: Stocks fall, Amazon and unions face off

___ Ruble ruble rebound raises questions of sanctions’ impact WASHINGTON (AP) – The Russian ruble has bounced back to almost its full value since before the West imposed economic sanctions on Russia over its invasion of Ukraine. That rebound comes as Russian President Vladimir Putin resorts to extreme measures to blunt the West’s penalties and … Read more

Business Highlights: Biden’s low marks, energy deal

___ AP-NORC poll: Low marks for Biden on economy as prices rise WASHINGTON (AP) – A majority of Americans say they don’t blame President Joe Biden for high gasoline prices, but they’re giving his economic leadership low marks amid fears of inflation and deepening pessimism about economic conditions. A new poll from The Associated Press-NORC … Read more

Business Highlights: Tourism hit, French companies

___ Countries brace for hit to tourism from Russia-Ukraine war BELEK, Turkey (AP) – Countries from Turkey to Thailand, Egypt and Cuba are bracing for the loss of Russian and Ukrainian tourists just as their travel sectors were looking to bounce back from the coronavirus pandemic. With many tourist-dependent economies also struggling with surging inflation … Read more

Business Highlights: Russian business backlash, bond payment

___ Russian businesses in US face backlash from war in Ukraine NEW YORK (AP) – Americans angered by the war on Ukraine are taking it out on Russian businesses, brands or anything that sounds Russian. Some are pouring out vodka, boycotting Russian restaurants and even leaving threatening voicemail messages at Russian businesses. Experts say it’s … Read more