Finance

US job openings decline in September though remain healthy

U.S. employers advertised fewer open jobs in September compared with the previous month, but the number of available positions remains high by historic standards. The Labor Department said Tuesday that employers listed 7 million jobs, down from 7.3 million in August. Job openings peaked at 7.6 million in November and have slowly declined since. Overall […]

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California utility meets with governor amid bankruptcy case

California’s governor called the chief executive of a troubled utility to his office on Tuesday for a closed-door meeting as the company struggles to emerge from a high-profile bankruptcy while facing criticism for its practice of shutting off power for millions of people to prevent wildfires. A spokesman for Gov. Gavin Newsom says the first-term

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Agency: All states should require bicyclists to wear helmets

A government agency is recommending that all 50 states enact laws requiring bicyclists to wear helmets to stem an increase in bicycle deaths on U.S. roadways. The recommendation was among several issued by the National Transportation Safety Board after a hearing Tuesday on bicycle safety. The agency says 857 bicyclists died in crashes with motor

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Boeing chairman says CEO won’t get bonus until Max flies

Boeing’s new chairman gave embattled CEO Dennis Muilenburg a vote of confidence Tuesday and said the chief executive is giving up any bonus this year. David Calhoun said the Boeing board believes Muilenburg “has done everything right” and is positioning the Chicago company to return the 737 Max to service after two accidents killed 346

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As McDonald’s CEO learned, workplace romance can be perilous

Workplace couples are often romanticized — think Bill and Melinda Gates or Michelle and Barack Obama. But when the relationship involves two people with unequal power, it can also be fraught with peril, especially in the #MeToo era. McDonald’s CEO Steve Easterbrook is only the latest chief executive to be ousted over a consensual relationship

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EU hopes US will rethink choice to pull out of climate pact

The European Union has voiced regret at the U.S. government’s decision to pull out of the Paris climate agreement and expressed hopes that one of the world’s biggest CO2 emitters will backpedal on its decision and rejoin. European Commission spokeswoman Mina Andreeva said Tuesday that the global deal signed in 2015 remains “the most important

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Hungary says Huawei to help build its 5G wireless network

Hungary’s foreign minister says China’s Huawei will take part in the construction of the country’s next-generation 5G wireless network. Peter Szijjarto said Tuesday in Shanghai, China, that Huawei will be cooperating with Britain’s Vodafone and Germany’s Deutsche Telekom in the project. He added that Hungary does not discriminate between companies based on their country of

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