Productivity down 4.2%, largest decline in nearly 40 years
WASHINGTON — U.S. productivity fell at an annual rate of 4.2% in the fourth quarter, the largest quarterly decline in nearly four decades. The revised…
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US suspends tariffs on UK goods to resolve aircraft dispute
LONDON — The U.S. agreed today to suspend millions of dollars’ worth of tariffs on U.K. exports including Scotch whisky as part of an effort…
For the first time since COVID, profits are rising again
NEW YORK — The freefall for corporate profits because of the pandemic is over, at least for now. The last few companies are letting their…
US jobless claims tick up to 745,000 as layoffs remain high
WASHINGTON — The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs…
GM looking to build 2nd US battery factory, Tennessee likely
DETROIT — General Motors says it’s looking for a site to build a second U.S. battery factory with joint venture partner LG Chem of Korea….
Square, Inc. to buy majority of Tidal and put Jay-Z on board
SAN FRANCISCO — Financial technology company Square Inc. said today that it has reached an agreement to acquire majority ownership of Tidal, the music streaming…
Amazon opens first UK checkout-free grocery store in London
LONDON — Amazon has opened a cashier-free supermarket in London, its first bricks and mortar expansion outside the U.S. as the company bets on strong…
Owners: Dubuque bar to close unexpectedly when lease not renewed
The owners of The Wolfhound bar in downtown Dubuque say it soon will close because its lease was not renewed by their landlord. The bar…
Historic Epworth building demolished to pave way for new commercial, residential space
EPWORTH, Iowa — A historic building in downtown Epworth is being demolished and will be replaced with a new structure that will offer both commercial…
Flexsteel Industries declares quarterly dividend
The Board of Directors of Dubuque-headquartered Flexsteel Industries Inc. this week declared a quarterly dividend of 15 cents per share. It is payable March 29…