Login | May 07, 2024
The Daily Legal News
Business
Layoffs and stock prices
Q. Late last month, a video game company announced that it would lay off about 5% of its staff -- some 670 people. I would have expected the stock to plunge on that news, but it didn't move all that much. Why? -- S.R., Tucson, Arizona
A. Layoffs are definitely bad news for employees, but they're not necessarily bad for companies ... (full story)
US probes whether Tesla Autopilot recall did enough to make sure drivers pay attention
DETROIT (AP) — The U.S. government's auto safety agency is investigating whether last year's recall of Tesla's Autopilot driving system did enough to make sure drivers pay attention to the road.
The National Highway Traffic Safety Administration says in documents posted on its website recently that Tesla has reported 20 mo ... (full story)
Fed's preferred inflation gauge shows price pressures stayed elevated last month
WASHINGTON (AP) — A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden's re-election bid.
The recent report from the government showed that prices rose ... (full story)
Local
Int’l prosecution of Israeli or Hamas leaders wouldn't bring quick justice
(THE CONVERSATION) The International Criminal Court may issue arrest warrants for both Israeli and Hamas leaders, as a result of Hamas' Oct. 7, 2023, attacks on Israeli civilians and Israel's subsequent invasion of Gaza, according to Israeli officials and what The New York Times and other media outlets call "foreign officials.& ... (full story)
Washington state's new way to pay for long-term care could be nixed
(THE CONVERSATION) If you needed long-term care, could you afford it?
For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not.
Nursing homes charge somewhere around US$100,000 a year, while frequent visits from a paid caregiver may set you back more th ... (full story)
State
Apps allow workers to get paid between paychecks. Experts say steep costs
NEW YORK (AP) — When Anna Branch, 37, had her hours at work reduced in 2019, she suddenly noticed ads for an app called EarnIn.
"You know how they get you — the algorithms — like they're reading your mind," Branch said. "The ad said I could get up to $100 this week and repay it in my next pay per ... (full story)
Florida Democrats hope abortion and marijuana questions draw young voters despite low enthusiasm
WEST PALM BEACH, Fla. (AP) — Jordan Vassallo is lukewarm about casting her first presidential ballot for President Joe Biden in November. But when the 18-year-old senior at Jupiter High School in Florida thinks about the things she cares about, she says her vote for the Democratic incumbent is an "obvious choice."
(full story)