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Economy

Williams had served as CEO since March 2017, before the fatal blazes. California's wildfires in 2017 and 2018 will likely cost tens of billions of dollars. She was one of a group of women occupying the C-suite at power companies - including Duke Energy Corp.'s Lynn Good, El Paso Electric Co.'s Mary Kipp, PNM Resources Inc.'s Pat Vincent-Collawn and Sunrun Inc.'s Lynn Jurich.
  • Government shutdown could impact tax refunds

    Government shutdown could impact tax refunds

    Economy

    The IRS has said in the past that it would not issue any tax refunds during a shutdown. If an individual receives their W-2 or Form 1099 after filing and the information is different than what was claimed, that person can file an amended tax return using Form 1040X .
  • Trump to Apple: Make the iPhone in the U.S., not China

    Trump to Apple: Make the iPhone in the U.S., not China

    Economy

    Investors were also unsettled by a report Thursday that showed signs of weakness in US manufacturing. Chipmakers and suppliers of phone parts also fell. The belt-tightening in the world's second-largest economy is bedeviling global industries, including autos and designer clothing, that count on China to drive sales growth.
  • Activision CFO Fired, Joins Netflix

    Activision CFO Fired, Joins Netflix

    Economy

    Activision shares are down 26 per cent in 2018, and could decline even further. The company made a decision to terminate Neumann's contract "for cause unrelated to the Company's financial reporting or disclosure controls and procedures ", Activision Blizzard said in US Securities & Exchange Commission filing.
  • Tesla cuts prices on poor Q4

    Tesla cuts prices on poor Q4

    Economy

    Seemingly as a way to highlight the demand for the vehicle, the company pointed out that more than 75% of Model 3 orders in Q4 came from new customers, not reservation holders. Even so, analysts had expected more of the electric carmaker, anticipating that it would complete 92,700 deliveries across its Model 3, Model S sedan, and Model X SUV.
  • Numbers Drawn For $425 Million Mega Millions Jackpot

    Numbers Drawn For $425 Million Mega Millions Jackpot

    Economy

    Mega Millions says that the cash option for this jackpot is $254.6 million. Six tickets in Friday's Mega Millions drawing matched the five numbers, but not the Mega Ball, according to reports . The only other January 1 victor was in Texas in 2008. If the money isn't claimed by late April, the money will return to the 44 states that hold Mega Millions lotteries.
  • Injuries reported after jetway collapses at Baltimore airport

    Injuries reported after jetway collapses at Baltimore airport

    Economy

    The six people who were taken to the hospital with non-life-threatening injuries Saturday night were released early Sunday morning. The remaining passengers left the plane via air stairs. A jet bridge is the enclosed ramp that funnels passengers from the terminal to the aircraft. Passengers on board the flight involved with the jet bridge incident described the situation as "traumatic".
  • Cyberattack causes delays in major newspapers’ distribution

    Cyberattack causes delays in major newspapers’ distribution

    Economy

    Foreign hackers reportedly crashed vital software at the Los Angeles Times and several other United States newspapers, triggering delays in production and widespread distribution problems. Each of them is printed in California at the Los Angeles Times' downtown printing plant. "Every market across the company was impacted", Kollias told the Times .
  • Last-minute bid made to rescue Sears from liquidation

    Last-minute bid made to rescue Sears from liquidation

    Economy

    He also cut the price he's willing to pay by $200 million to $4.4 billion. A management-level employee with Sumter's Kmart - who asked to not be identified by The Sumter Item - said Saturday morning that store employees were informed of the upcoming closing on Thursday.
  • Wells Fargo pays $575 million to settle state investigations

    Wells Fargo pays $575 million to settle state investigations

    Economy

    Under the new agreement announced on Friday, the bank will also create teams to review and respond to customer complaints about its banking and sales practices. Two years ago, Wells Fargo agreed to pay $190 million to settle federal government claims that the bank created phony customer account, and improperly referred and charged customers for various financial services products.
  • Amazon Boasts Record-Breaking Holiday Season Worldwide

    Amazon Boasts Record-Breaking Holiday Season Worldwide

    Economy

    More than a billion items shipped for free during the holiday period, Amazon said. "We are thrilled that in the USA alone, more than one billion items shipped for free this holiday with Prime". Customers also used Alexa to help them create cocktails. Glam Glitter Series Doll with 7 Surprises, Nerf N-Strike Elite Strongarm Blaster, Melissa & Doug Scratch Art Rainbow Mini Notes with Wooden Stylus, Crayola Inspiration Art Case, and LEGO Creator Mighty Dinosaurs Toy.