‘Total bloodbath’: Witnesses describe Ethiopia ethnic attack

‘Total bloodbath’: Witnesses describe Ethiopia ethnic attack

NAIROBI, Kenya (AP) — The heavily armed men appeared around the small farming village in Ethiopia’s Oromia region, frightening residents already on edge after recent clashes between government troops and rebels. “The militants assured us that they will not touch us. They said they are not after us,” resident Nur Hussein Abdi told The Associated … Read more

The cost of $4.99 rotisserie chickens: Costco gets sued for animal mistreatment

The cost of .99 rotisserie chickens: Costco gets sued for animal mistreatment

It was a rare step for a retail company to take but a sign of just how valuable rotisserie chickens are to Costco’s business. The company has sold them at $4.99 for more than a decade, lower than most rivals, and uses them as loss leaders to draw customers into stores. Costco (COST) sold 106 … Read more

UN chief warns of ‘catastrophe’ from global food shortage

UN chief warns of ‘catastrophe’ from global food shortage

BERLIN — The head of the United Nations warned Friday that the world faces “catastrophe” because of the growing shortage of food around the globe. U.N. Secretary-General Antonio Guterres said the war in Ukraine has added to the disruptions caused by climate change, the coronavirus pandemic and inequality to produce an “unprecedented global hunger crisis” … Read more

Pilots in line for big raises amid global travel disruptions

DALLAS (AP) — The largest pilots union has approved a contract that would boost the pay of pilots at United Airlines by more than 14% over the next 18 months, potentially clearing the way for similar wage hikes throughout the industry. The deal reflects the leverage currently held by unions, with the industry facing a … Read more

Airlines, FAA spar over flight delays ahead of July Fourth weekend

Travelers wait to board a plane at Miami International Airport in Miami, Florida, on April 22, 2022. Daniel Slim | AFP | Getty Images Airlines and the Federal Aviation Administration are pointing the finger at each other over a rising rate of flight cancellations and delays, just as millions prepare to travel on the July … Read more

Cramer’s lightning round: Move on from DigitalBridge

Nucor Corp: “Steel prices are coming down. … I’d rather buy energy right now than I would Nucor.” NIO Inc: Cramer pressed a button that seemingly played the sound of a car collision. “And that’s what I have to say about NIO.” Disclosure: Cramer’s Charitable Trust owns shares of Pioneer.

Next week will be a bellwether for the upcoming earnings season

CNBC’s Jim Cramer on Friday said that next week will be a crucial moment for determining what the upcoming earnings season will look like. “It’s been ages since we’ve been on pre-announcement watch, where companies have to admit that things aren’t going well. Things like higher labor costs, supply chain woes and the Russia-Ukraine war. … Read more

Frontier sweetens offer for Spirit merger as shareholder vote looms

A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Frontier Airlines has sweetened its offer to combine with fellow budget carrier Spirit, less than a week before Spirit shareholders are set to vote on the deal. … Read more

Federal court blocks FDA ban on Juul e-cigarette sales in US

A federal court on Friday temporarily blocked the government’s order for Juul to stop selling its electronic cigarettes. Juul had filed an emergency motion earlier Friday with the U.S. Court of Appeals in Washington so it can appeal the sales ban, and the court later granted the request. The e-cigarette maker had asked the court … Read more