Articles written by Alexandra Olson
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Black, Hispanic investors struggle with faith in crypto
NEW YORK (AP) — A software developer twice invested his savings in cryptocurrencies, only to lose it all. But he still promotes it to the Black community and would like to get back in himself. A recent college graduate and a single mom are d...
Walmart shooting raises need for violence prevention at work
NEW YORK (AP) — The mass shooting Wednesday at a Walmart in Virginia is only the latest example of a workplace shooting perpetrated by an employee. Many companies have active shooter training. But experts say there is much less focus on how to p...
Thanksgiving travel rush is back with some new habits
The Thanksgiving travel rush was back on this year, as people caught planes in numbers not seen in years, setting aside inflation concerns to reunite with loved ones and enjoy some normalcy after two holiday seasons marked by COVID-19 restrictions....
Adidas ends partnership with Ye over antisemitic remarks
NEW YORK (AP) — Adidas ended a partnership that helped make the artist formerly known as Kanye West a billionaire and lent the German sportswear an edgy appeal, but ultimately couldn't survive a mounting outcry over the rapper's offensive and a...
US employers ratchet up the pressure on the unvaccinated
NEW YORK (AP) — Employers are losing patience with unvaccinated workers. For months, most employers relied on information campaigns, bonuses and other incentives to encourage their workforces to get the COVID-19 shot. Now, a growing number are i...
Unemployment benefits for millions in limbo as Trump rages
WEST PALM BEACH, Fla. (AP) — Unemployment benefits for millions of Americans struggling to make ends meet were set to lapse at midnight Saturday night unless President Donald Trump signed an end-of-year COVID relief and spending bill that had been co...
Holiday sales tick up as shoppers invest in their homes
NEW YORK (AP) — Retail sales increased a modest 3% during a longer holiday season this year, as homebound shoppers spent more on furnishing and food but less on clothing and jewelry, according to figures released Saturday by a firm that tracks all f...
From restaurants to retailers, virus transformed economies
NEW YORK (AP) — It would be just a temporary precaution. When the viral pandemic erupted in March, employees of the small insurance firm Thimble fled their Manhattan offices. CEO Jay Bregman planned to call them back soon — as soon as New York was...
Virus keeps Black Friday crowds thin, shoppers shift online
NEW YORK (AP) — The raging coronavirus pandemic kept crowds thin at malls and stores across the country on Black Friday, but a surge in online shopping offered a beacon of hope for struggling retailers after months of slumping sales and businesses t...
Long-term jobless caught in a squeeze that imperils recovery
WASHINGTON (AP) — This spring, Magdalena Valiente was expecting her best year as a Florida-based concert promoter. Now, she wonders if the career she built over three decades is over. Back in March, Valiente had been busy planning three tours and 4...
Mars drops Uncle Ben's, reveals new name for rice brand
NEW YORK (AP) — The Uncle Ben's rice brand is getting a new name: Ben's Original. Parent firm Mars Inc. unveiled the change Wednesday for the 70-year-old brand, the latest company to drop a logo criticized as a racial stereotype. Packaging with t...
Gig workers face shifting roles, competition in pandemic
NEW YORK (AP) — There were the two-hour, unpaid waits outside supermarkets when San Francisco first started to lock down, on top of the heavy shopping bags that had to be lugged up countless flights of stairs. And yet even after signing up for s...
Amazon fires warehouse worker who staged walkout
NEW YORK (AP) — Amazon fired a worker who organized a walkout at a New York warehouse to demand greater protection against the new coronavirus, saying the employee himself flouted distancing rules and put others at risk. New York City Mayor Bill d...
China virus outbreak rams global tourism, costing billions
Business around the world that have grown increasingly reliant on big-spending tourists from China are taking a heavy hit, with tens of millions of Chinese residents restricted from leaving their country as the coronavirus spreads. Hotels, airlines,...
Nike's sales get boost from direct-to-consumer strategy
NEW YORK (AP) — Nike's quarterly results again beat Wall Street expectations, as its online sales grew and customers shrugged off a series of corporate scandals. The company's revenues grew to $10.33 billion in the second quarter ending Nov. 30, u...
AP Explains: What a Venezuelan oil embargo could mean for US
NEW YORK (AP) — Diplomatic relations between U.S. and Venezuela have hit a new low over President Donald Trump's decision to recognize the leader of the South American country's opposition as its legitimate president. But the two countries have l...
Airports seeing rise in security screeners calling off work
NEW YORK (AP) — The federal agency tasked with guaranteeing U.S. airport security acknowledged an increase in the number of its employees calling off work during the partial government shutdown . Employees of the Transportation Security Administratio...
Scandal-plagued CBS grants $20M to 18 women's rights groups
NEW YORK (AP) — CBS on Friday pledged to give $20 million to 18 organizations dedicated to eliminating sexual harassment in the workplace as the network tries to recover from a scandal that led to the ouster of its top executive, Les Moonves. The a...
CBS exec's downfall shows the power _ and limits _ of #MeToo
NEW YORK (AP) — Is Les Moonves' departure from CBS a breakthrough for the #MeToo movement? While he is the most powerful CEO brought down yet by sexual misconduct allegations over the past year, CBS is facing criticism for not pushing him out sooner,...
Starbucks to close stores for an afternoon for bias training
NEW YORK (AP) — Starbucks, moving swiftly to confront a racially charged uproar over the arrest of two black men at one of its stores in Philadelphia, plans to close more than 8,000 U.S. stores for several hours next month to conduct racial-bias trai...
Toys R Us founder dies days after chain's announced shutdown
NEW YORK (AP) — Charles P. Lazarus, the World War II veteran who founded Toys R Us six decades ago and transformed it into an iconic piece of Americana, died Thursday at age 94, a week after the chain announced it was going out of business. Toys R Us...
Scandal-hit Weinstein Co. files for bankruptcy protection
NEW YORK (AP) — The Weinstein Co. filed for bankruptcy protection on Monday with a buyout offer in hand from a private equity firm, the latest twist in its efforts to survive the sexual misconduct scandal that brought down co-founder Harvey W...
On guns, companies are getting out ahead of the politicians
NEW YORK (AP) — In 1960, black students staged sit-ins that forced Woolworth's to desegregate its lunch counters, and other stores and restaurants followed suit. In 1986, General Motors, Coca-Cola and dozens of other U.S. corporations pulled out o...
On guns, companies are getting out ahead of the politicians
NEW YORK (AP) — In 1960, black students staged sit-ins that forced Woolworth's to desegregate its lunch counters, and other stores and restaurants followed suit. In 1986, General Motors, Coca-Cola and dozens of other U.S. corporations pulled out o...
Walmart boosts starting pay, closing dozens of Sam's Clubs
NEW YORK (AP) — Walmart confirmed Thursday that it is closing dozens of Sam's Club warehouse stores across the country — a move that seems sure to cost jobs — on the same day it announced that it was boosting its starting salary for U.S. worke...
