Economy

New York State Labor Department Releases Preliminary October 2021 Area Unemployment Rates

The New York State Department of Labor today released preliminary local area unemployment rates for October 2021.

Samsung's Billion-Dollar Texas Chip Factory Could Arrive! Creating More Jobs and Solving SoC Scarcity

Samsung's Billion-Dollar Texas Chip Factory Might Arrive! Creating More Jobs and Solving SoC Scarcity

Nov 14, 2024 12:10 PM EST By Paola Hernández

The upcoming SoC manufacturing facility is expected to solve chip shortages and create more jobs. Samsung's billion-dollar Texas chip factory might soon become a reality.

Justice for Migrant Women Launches Nationwide 'the Humans Who Feed Us' Project to Celebrate the Essential Workers This Holiday Season

Nov 14, 2024 12:10 PM EST By Paola Hernández

Narrative and portrait project “The Humans Who Feed Us” scales exhibit to showcase the contributions of essential food workers across the food supply chain.

New York State Economy Adds 41,300 Private Sector Jobs in October 2021

Nov 14, 2024 12:10 PM EST By Paola Hernández

The number of private sector jobs in New York State grew by 0.5 percent in October. The number of private sector jobs in New York State increased over the month by 41,300, or 0.

Cocaine, Xanax Pills, Large Amounts of Cash Found at Family-Run Hot Dog Shop in Florida

Nov 14, 2024 12:10 PM EST By Paola Hernández

The law enforcement said one of the largest illegal drug operations in Broward County, Florida was allegedly run by members of one family.

Pres. Joe Biden Authorizes "Largest Ever Release' From Oil Reserve to Address High Gas Prices

Nov 14, 2024 12:10 PM EST By Paola Hernández

President Joe Biden announces plans to release barrels of oil from reserve to lower the gas prices across the U.S.

Florida Gov. Ron DeSantis Announces $1 Billion in Gas Tax Relief Amid Inflation

Nov 14, 2024 12:10 PM EST By Paola Hernández

Florida Governor Ron DeSantis announced on Monday that the state would act to provide $1 billion of gas tax relief amid inflation that causes oil price hikes.

Samsung Picks Taylor, Texas for Company's New $17 Billion Chip-Making Plant

Nov 14, 2024 12:10 PM EST By Paola Hernández

Samsung Electronics Co. has reportedly been eyeing to build a $17 billion chip-making plant in Taylor, Texas.

Target Stores Will Permanently Stop Serving Shoppers on Thanksgiving Day

Nov 14, 2024 12:10 PM EST By Paola Hernández

Target stores will permanently close their doors to customers on Thanksgiving Day, making the store closures a permanent change to the start of the holiday season.

El Salvador’s President Shares Building Plan of His ‘Bitcoin City’ Dream Powered by Geothermal Energy From a Volcano

Nov 14, 2024 12:10 PM EST By Paola Hernández

Months after becoming the first country to recognize bitcoin as their national currency, El Salvador's president, Nayib Bukele once again bet on bitcoin to move the country to greater heights.

Around 80 Masked Looters Storm, Rob San Francisco-Area Nordstrom; One Employee Pepper-Sprayed

Nov 14, 2024 12:10 PM EST By Paola Hernández

Around 80 masked looters breached into one of Nordstrom's San Francisco branches in California on Saturday night and stole merchandise.

Elizabeth Holmes Trial: Prosecution Rests Its Case on the Theranos Founder's Fraud Trial

Nov 14, 2024 12:10 PM EST By Paola Hernández

Prosecutors rested their case on Elizabeth Holmes' trial as the Theranos founder took the stand on Friday.

Tesla, ACC Unveil START Manufacturing Training Facilities

Nov 14, 2024 12:10 PM EST By Paola Hernández

Tesla and Austin Community College has officially launched a new Tesla START Manufacturing training facility at ACC's Riverside campus, with Austin Mayor Steve Adler present in the ribbon-cutting ceremony.

Rare Tesla Lawsuit Claims Elon Musk's Fremont Factory of Rampant Sexual Harassments

Nov 14, 2024 12:10 PM EST By Paola Hernández

One of the female employees shared all her negative experiences. A rare Tesla lawsuit was filed by one of the company's employees at Fremont Factory.

U.S. Pharmacy Chain CVS to Close 900 Drugstores to Expand Digital and Health Services

Nov 14, 2024 12:10 PM EST By Paola Hernández

U.S. pharmacy chain CVS is eyeing to close 900 of its drugstores over the next three years to ramp up their in-person health services and expand their digital services.

California Couple Vanished After Stealing $20 Million in COVID-19 Fraud Scheme, Only Left a Goodbye Note for Their 3 Kids

Nov 14, 2024 12:10 PM EST By Paola Hernández

A California couple was sentenced to prison for their role in a massive COVID-19 relief fraud scheme, but authorities still need to catch them first.

Crypto.com Pays More Than $700 Million for 20-Year Naming Rights of Staples Center; Arena’s New Logo Debut Set on LA Lakers-Brooklyn Nets Christmas Game

Nov 14, 2024 12:10 PM EST By Paola Hernández

The Staples Center would be getting a new name for Christmas after the Singapore cryptocurrency exchange, Crypto,.com paid more than $700 million for the naming rights, both parties announced Tuesday.

U.S. Pres. Joe Biden Wants a Probe on Oil Companies Over Rising Gas Prices, Tapping FTC to Do the Investigation

Nov 14, 2024 12:10 PM EST By Paola Hernández

U.S. President Joe Biden demands an investigation on oil companies over the increasing gas prices. He called for the Federal Trade Commission to do the probe through a letter addressed to the head of FTC.

PALESTINIAN-ISRAEL-WATER-ENVIRONMENT-CONFLICT

California Electrician to Pay $481 Million for Role in $1 Billion Ponzi Scheme

Nov 14, 2024 12:10 PM EST By Paola Hernández

After a California electrician was sentenced to three years in prison, he was now slammed with an order to pay $481.3 million in restitution on Tuesday for his role in a $1 billion Ponzi scheme.