Category: AP

May 23

Jet engine maker Pratt & Whitney reaches tentative agreement with striking machinists

“Pratt and Whitney is a powerhouse in military and commercial aerospace products because our membership makes it so,” David Sullivan, the union’s eastern territory vice president, said in a statement at the time. “This offer does not address the membership concerns, and the membership made their decision — we will continue to fight for a […]
May 19

Developer to resume NY offshore wind project after Trump administration lifts pause

Equinor President and CEO Anders Opedal thanked President Donald Trump for allowing the project to move forward, saving about 1,500 construction jobs and investments in U.S. energy infrastructure. He also expressed appreciation to New York’s governor, New York City’s mayor, members of Congress and labor groups, as well as Norwegian officials who worked to save […]
May 17

Talks aimed at ending New Jersey Transit rail strike resumed Saturday and will continue Sunday

NJ Transit is the nation’s third-largest transit system and operates buses and rail in the state, providing nearly 1 million weekday trips, including into New York City. The walkout halts all NJ Transit commuter trains, which provide heavily used public transit routes between Penn Station on one side of the Hudson River and communities in […]
May 4

‘Thunderbolts’ kicks off the summer movie season with $76 million at the box office

Following Hutchins’ death, the film’s armorer, Hannah Gutierrez-Reed, was sentenced to prison for involuntary manslaughter. First assistant director David Halls was sentenced to probation after pleading no contest to negligent use of a deadly weapon. Involuntary manslaughter charges against Baldwin, a co-producer on the film, were twice dismissed, in 2023 and again in 2024.
May 3

Warren Buffett’s best and worst investments in his 60 years as Berkshire Hathaway CEO

— Blue Chip Stamps: Buffett and Munger, Berkshire’s former vice chairman, took control of Blue Chip in 1970 when the customer rewards program was generating $126 million in sales. But as trading stamps fell out of favor with retailers and consumers, sales steadily declined; in 2006, they totaled a mere $25,920. However, Buffett and Munger […]