The wildfires sweeping across the Los Angeles region are decimating land property and taking lives. They are also reigniting the debate about whether forcing prisoners to work for a pittance is right. More than 1,000 California inmates have been fighting the wildfires, a controversial practice that dates back to 1915 and results from a complex […]

Coffee Holding Co. of Staten Island, New York, recently filed a breach-of-contract and negligence lawsuit against Ryaan Logistics of Prosper, Texas, over a missing shipment of coffee. (Photo: Zimmytws/Shutterstock) A publicly traded coffee wholesaler has filed a breach-of-contract and negligence lawsuit against a Texas-based logistics company nearly a year after a load of coffee, valued

A United Airlines airplane proceeds to a runway at Newark Liberty International Airport in front of the skyline of lower Manhattan and One World Trade Center in New York City on December 4, 2024, in Newark, New Jersey.  Gary Hershorn | Corbis News | Getty Images United Airlines forecast first-quarter earnings that surpassed analysts’ estimates

Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube or wherever you find your favorite podcasts. Corporate diversity, equity, and inclusion (DEI) policies are out of favor as President Donald Trump returns to the White House. But they aren’t totally down for the count, a public company leader who has pushed for more

By David French (Reuters) – Calpine Corp’s $16.4 billion sale to Constellation Energy is set to generate a handsome windfall for the power producer’s owners, but has also stoked hopes within the private equity world that similar mega-exits may help an industry struggling to return investor cash. The trio of investors – Energy Capital Partners

British Chancellor of the Exchequer Rachel Reeves listens during the 11th China-UK Economic And Financial Dialogue on January 11, 2025 in Beijing, China. Pool | Getty Images News | Getty Images The U.K. is “not part of the problem” when it comes to “persistent” trade deficits that President Donald Trump wants to tackle, the country’s

If you don’t “click it” and wear your seatbelt while driving, you can not only get a ticket, but you could impact your insurance settlement in an accident. If you or your passengers suffer injuries in the crash, an insurance company likely won’t deny your claim, but it may argue that failure to wear a

By Patrick Wingrove and Bhanvi Satija (Reuters) -Johnson & Johnson, fresh off a $14.6 billion deal to buy neurological drugmaker Intra-Cellular, reported fourth-quarter sales and profit above Wall Street estimates on Wednesday, driven by strong sales of its cancer treatments. The New Jersey-based drugmaker also said it expects 2025 sales of between $90.9 billion and

A look at the day ahead in U.S. and global markets from Mike Dolan Retaining a persistent, if uncertain, threat of new tariffs, U.S. President Donald Trump quickly switched his attention to technology and artificial intelligence this week – exciting the red-hot sector that’s about to report its latest earnings round. Trump on Tuesday announced

The recently brokered ceasefire deal between Israel and Palestinian militant group Hamas isn’t a “strategic” win for the Jewish state, Israeli Economy Minister Nir Barkat told CNBC. Announced last week, the agreement has so far seen the release of Israeli hostages in exchange for Palestinian prisoners and will, if honored by all parties, continue to