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Business Highlights: UAW strike looms as deadline nears; Arm shares jump in biggest IPO since 2021

Published Thu, 26 Dec 2024 05:11:32 GMT

___Detroit automakers and auto workers remain far from a deal as end-of-day strike deadline approachesDETROIT (AP) — With a deadline looming just before midnight, the United Auto Workers union and Detroit’s three automakers are far apart in contract talks and the union is preparing to strike. UAW President Shawn Fain says General Motors, Ford and Stellantis have raised their initial wage offers but have rejected some of the union’s other demands. The union is threatening to strike any company that hasn’t reached an agreement by 11:59 p.m. Thursday. Talks are ongoing, and GM increased its wage offer Thursday. Ford’s CEO and Stellantis accused the union of failing to respond to their offers. It would be the first time the union has walked out at all three companies at the same time.___Europe’s central bank hikes key interest rate to record high even as recession threat growsFRANKFURT, Germany (AP) — The European Central Bank has hiked its key interest rate to a record high. It’s press...

On 60th anniversary of church bombing, victim’s sister, suspect’s daughter urge people to stop hate

Published Thu, 26 Dec 2024 05:11:32 GMT

BIRMINGHAM, Ala. (AP) — Sixty years ago, a bomb planted by Ku Klux Klan members ripped through a Birmingham church, killing four little girls as they prepared for Sunday services. Lisa McNair’s sister Denise was one of the girls who lost their lives. Tammie Fields’ father was questioned as a possible suspect in the church bombing but never charged. Decades after the bombing, the two women met at a Black History Month event and forged a seemingly unlikely connection and friendship.The two are linked by tragedy— born on opposite sides of one of the most horrific events of the civil rights movement — but share a united message to speak out against hate. As the nation marks the 60th anniversary of the Sept. 15, 1963, bombing on Friday, McNair said she wants people to remember what happened and think about how they can prevent it from happening again.“People killed my sister just because of the color of her skin,” McNair said. “Don’t look at this anniversary as just ano...

Biden’s clean-car rules face a crucial test as appeals court hears Republican-led challenges

Published Thu, 26 Dec 2024 05:11:32 GMT

WASHINGTON (AP) — Efforts by the Biden administration to limit pollution from automobile tailpipes — a major source of planet-warming emissions — face a crucial test as a federal appeals court considers legal challenges brought by Republican-led states.The U.S. Court of Appeals for the District of Columbia Circuit heard arguments Thursday on two cases challenging Biden administration rules targeting cars and trucks. A third case will be argued on Friday before a separate three-judge panel of the same court.Transportation is the largest source of greenhouse gas emissions that contribute to global warming, and the legal cases could go all the way to the Supreme Court. Republican attorneys general say the legal challenges are needed to curtail government overreach, while environmental groups and the Democratic administration say an adverse ruling could jeopardize protections against deadly pollution that contributes to climate change.The cases before the appeals court will test a 2021 ...

Artworks believed stolen during Holocaust seized from museums in 3 states

Published Thu, 26 Dec 2024 05:11:32 GMT

NEW YORK (AP) — Three artworks believed stolen during the Holocaust from a Jewish art collector and entertainer have been seized from museums in three different states by New York law enforcement authorities.The artworks by Austrian Expressionist Egon Schiele were all previously owned by Fritz Grünbaum, a cabaret performer and songwriter who died at the Dachau concentration camp in 1941. The art was seized Wednesday from the Art Institute of Chicago, the Carnegie Museums of Pittsburgh and the Allen Memorial Art Museum at Oberlin College in Ohio. Warrants issued by Manhattan District Attorney Alvin Bragg’s office say there’s reasonable cause to believe the three artworks are stolen property.The three works and several others from the collection, which Grünbaum began assembling in the 1920s, are already the subject of civil litigation on behalf of his heirs. They believe the entertainer was forced to cede ownership of his artworks under duress.Manhattan prosecutors believe they ...

Suspect arrested in deadly stabbings on RTD bus, near Regis University

Published Thu, 26 Dec 2024 05:11:32 GMT

DENVER (KDVR) — Police say the suspect in a deadly stabbing on an RTD bus Thursday is also connected to a second stabbing death later in the morning at a bus stop near Regis University.Vinchenzo Moscoso, 29, was arrested in the 5500 block of North Lowell Boulevard, the Denver Police Department said Thursday just after 3:45 p.m. Driver nearly hits 20 children while leaving Aurora park He faces two counts of first-degree murder in the killings of a 51-year-old man on an RTD bus and an older woman near the Regis University campus. Police say both victims were stabbed in the neck."Based on evidence recovered and surveillance video a detective reviewed late this morning from the homicide that occurred on the bus, investigators believe Moscoso to be responsible for both of these homicides," the department said in a release.Vinchenzo Moscoso is pictured in a booking photo from Feb. 17, 2022, which the Denver Police Department released after he was arrested in two deadly stabbings on Sept...

Elderly woman who accused condo manager of antisemitic attack upset after Broward State Attorney opts not to pursue case

Published Thu, 26 Dec 2024 05:11:32 GMT

An elderly Fort Lauderdale woman is upset following a decision by the Broward County State Attorney’s Office not to press charges against the condominium manager who, she claims, attacked her and mouthed an antisemitic slur.Speaking with 7News alongside her husband Martin on Thursday, Martha Arnold said she is afraid to return to her apartment at the Ocean Summit condo on Galt Ocean Mile in Fort Lauderdale.Martha said she hasn’t been gone since the March 16 incident.The 71-year-old was using the residential elevator instead of the freight elevator when the condo office manager approached her.“She lunged herself towards my neck, and she pushed me forcefully, very hard, towards the elevator, smashed my head in the back, smashed my back,” said Martha, “and at the same time, she has her band on my [collar] here.”The condo manager was trying to tell Martha she couldn’t use the residential elevator when things got out of hand.The manager was not i...

Zelenskyy is expected to visit Capitol Hill as Congress is debating $21 billion in aid for Ukraine

Published Thu, 26 Dec 2024 05:11:32 GMT

WASHINGTON (AP) — Ukrainian President Volodymyr Zelenskyy is expected on Capitol Hill next week as he visits the U.S. during the United Nations General Assembly.Zelenskyy’s trip comes as Congress is debating providing as much as $21 billion in military and humanitarian aid for Ukraine as it fights the Russian invasion.The trip was confirmed by two congressional aides granted anonymity to discuss the plans.

Column: Netflix documentary on Mike Veeck’s life is a balm for angst-ridden Chicago White Sox fans

Published Thu, 26 Dec 2024 05:11:32 GMT

Mike Veeck had a documentary to promote, but he couldn’t start without getting one thing off his chest.“What’s going on with my White Sox?” he asked. “Man, they are killing me.”I told Veeck it was worse than he could have imagined. The man who gave us the Disco Demolition riot disagreed.“No,” he replied with a laugh. “I can imagine it.”Veeck, the one-time White Sox marketing executive under his dad, former Sox owner Bill Veeck, is the subject of “The Saint of Second Chances,” an upcoming Netflix documentary by Jeff Malmberg and Morgan Neville to be released Tuesday.The title refers both to the 72-year-old Veeck’s penchant for taking chances on people no one else would touch and his zigzagging career path from the ill-fated Disco Demolition Night promotion at Comiskey Park in 1979 to being unemployed to owning several minor-league teams to a return to the major leagues for one last shot marketing what then ...

Boston to update zoning code for first time since 1964

Published Thu, 26 Dec 2024 05:11:32 GMT

The city’s antiquated zoning code will receive its first comprehensive update in six decades, following the release of a BPDA-commissioned report highlighting how today’s regulations hinder residential development.The report, written by Sara Bronin, director of the National Zoning Atlas, at the direction of the Boston Planning & Development Agency, is critical of the “extreme length and inconsistencies” that make the city’s current zoning code inaccessible to most residents.These failures make it difficult for the city to create new housing units, and impede residents from making “even small changes” to their home or business without hiring a lawyer, the BPDA stated upon the report’s release.Related ArticlesPolitics | Worst of Hurricane Lee to miss Boston, but nor’easter and huge waves along coast Politics | Boston City Council rejects $2.55M set aside for police department intel Politics | Flaherty to Mayor Wu: Don’t wait on Bost...

Abandoned boat found on Torrey Pines State Beach

Published Thu, 26 Dec 2024 05:11:32 GMT

SAN DIEGO -- An abandoned boat was found drifting ashore on Torrey Pines State Beach Thursday morning, U.S. Border Patrol confirmed to FOX 5.CBP's San Diego Sector was notified of a possible maritime smuggling event in the area around 7 a.m. Officials say a caller reported seeing 10-12 individuals running from a beached vessel. Man hit by Amtrak train in San Diego dies CBP agents responded to the location and found the abandoned boat, along with 15 personal floatation devices. CBP Air and Marine Operations seized the vessel, officials confirmed.No other information has been provided at this time.