Business News - LeadStory

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Swatch apologizes for 'slanted eye' ad after online backlash in China

Swiss watchmaker Swatch issued an apology at the weekend and pulled ads featuring images of an Asian male model pulling the corners of his eyes up and backwards in a "slanted eye" pose.

Reuters

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Swedish Arctic town to move iconic church to expand iron ore mine

A 113-year-old church in Kiruna, in northern Sweden, will embark on a two-day relocation starting on Tuesday (August 19) to a new site nearly two miles away to make way for the expansion of the world's biggest underground iron ore mine.

Reuters

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China extends probe into EU dairy products

China has extended its anti-subsidy investigation into European Union dairy imports by six months, showing little sign of let up in a two-front trade war with Brussels and Washington.

Reuters

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Air Canada suspends restart plans as strike continues

The Canada Industrial Relations Board had ordered airline staff back to work by 2 pm Sunday after the government intervened.

Euronews

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In Cameroon, sustainable cocoa farming helps protect wildlife

Through the Congo Basin Landscapes Initiative, local Indigenous farmers in Cameroon receive training and equipment to improve yields while protecting the rainforest.

Africanews

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Why some beers are seeing price hikes, but others are not

Breweries are struggling with rising prices of hops, barley, aluminum cans, and more. Why they are raising prices on some beers...but not all of them.

Scripps Local

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Air Canada flight attendants picket for second day in Winnipeg

Air Canada has suspended plans to resume limited operations after the union representing the airline's flight attendants said it will defy a federal back-to-work order for binding arbitration to end the work stoppage. The airline had pla...

CBC News

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Food prices on the rise

The U.S. economy has a case of food-flation. Wholesale prices for fresh veggies soared by a record amount last month while grocery costs were up 2.2% compared to last year. Lisa Rozner reports on how consumers are dealing with rising costs.

CBS America

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Canadian government moves to end Air Canada strike

The Canadian government on Saturday (August 16) moved to end a strike by Air Canada's cabin crews and require binding arbitration to resolve their contract impasse, an action that the country's largest carrier had sought but unionized fl...

Reuters

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How AI Will Change the Labor Market

From factory floors to trading desks, artificial intelligence is transforming how we work. But is it also taking our jobs?

Bloomberg

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EX-Marijuana convict opens Missouri’s first micro-dispensary

Missouri’s first micro-dispensary held its grand opening Saturday 16 Aug. 816 Dispensary planned its ribbon cutting to align with 816 Day, when the date and the city’s area code match.

Scripps Local

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Scottsdale CEO stole from employee benefit plans

A Scottsdale CEO is accused of using retirement plans and health insurance premiums to fund exotic hunting trips to Africa and Alaska, as well as cash gifts for his girlfriend.

Fox News

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Government imposes binding arbitration to end Air Canada dispute

Workers at Canada's largest airline begin a major strike, disrupting flights for tens of thousands of passengers.

Al Jazeera

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Air Canada flight attendants' strike grounds hundreds of planes

The Canadian government is moving quickly to shut down a strike that has grounded the country's biggest airline. Air Canada flight attendants walked off at the job early Saturday, stranding thousands of passengers across North America an...

CBS America

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Body camera video shows pilot failing sobriety test

New footage shows the moments a former Southwest pilot is questioned about his sobriety by police after TSA agents claimed he smelled of alcohol. David Allsop was given a sobriety test on the jet bridge and subsequently arrested for a DU...

CBS News

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Air Canada flights affected as attendants go on strike

More than 10,000 Air Canada flight attendants went on strike, after the airline and the union representing them failed to reach a deal ahead of the deadline. With a work stoppage now in effect, Air Canada estimates that 130,000 customers...

CBC News

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South Africa starts 'national dialogue' about poverty, inequality

South African is starting a “national dialogue” that is meant to bring all sectors of society together to discuss the country’s most pressing issues and find solutions.

Africanews

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Why a pilot-influencer is stuck in Antarctica

Ethan Guo, the 20-year-old pilot influencer who has been flying across the globe to benefit childhood cancer research, has been stranded in Antarctica since late June.

CBS News

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New 'Base Service Charge' coming to SDG&E bills

It's part of the implementation of Assembly Bill 205, signed into law back in 2022, and the new billing structure for residential electric customers approved by the CPUC in May 2024.

Scripps Local

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Zambia downplays China-owned mine disaster

An evaluation of the collapse of a waste dam at a Chinese state-owned copper mine in Zambia may have released 30 times more toxic sludge into the environment than previously reported.

Bloomberg

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Ghana holds state funeral for 8 helicopter crash victims

Ghana has bid a final farewell to the eight victims of one of the country's worst air disasters in more than a decade.

Africanews

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Who is paying the high cost of tariffs?

Economic indicators this week have showed new effects of President Donald Trump's tariffs. For American consumers, there could still be price hikes ahead, from groceries to clothing to vehicles.

Scripps News

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Close calls between aircrafts and helicopters happened near-daily at DCA

A CBS News data analysis revealed that for a year leading up to January's deadly mid-air crash over the Potomac River, there were close encounters between helicopters and aircrafts nearly every day. CBS News' Kris Van Cleave reports on t...

CBS America

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South Africa court blocks TotalEnergies offshore exploration permit

Petitioned by environmentalists, the ruling cited major flaws in the French company's environmental review process.

Africanews

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Mexico: Adidas apologizes over alleged cultural appropriation

The shoe designer and Adidas are apologizing after officials say the company culturally appropriated a sandal known as the Oaxaca slip-on. CNN’s Valeria Leon reports.

CNN

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OpenAI’s enterprise bet pays off as startups switch to GPT-5

CNBC’s MacKenzie Sigalos spoke with Silicon Valley developers who say GPT-5 is outperforming rivals like Claude on coding, debugging, and design work.

CNBC

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Trump admin reportedly eyes Intel stake

CNBC’s Kristina Partsinevelos joins 'The Exchange' to discuss the Trump administration eyeing a stake in Intel and the headwinds the company is having with its fabs.

CNBC

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Iran water crisis compounds power outages in Tehran

Iran is facing water and power shortages during the summer heat. With low dam levels and routine electricity cuts, the pressure is mounting on the government to address the problem.

Al Jazeera