Friday, October 4

Business

Tucker Carlson Urges Putin to Release American Journalist
Business

Tucker Carlson Urges Putin to Release American Journalist

In an interview released on Thursday, Tucker Carlson urged President Vladimir V. Putin of Russia to release an American reporter for The Wall Street Journal who has been held in a notorious Moscow prison for nearly a year.Mr. Carlson’s appeal on behalf of the reporter, Evan Gershkovich, was only the second time that Mr. Putin directly addressed a case that has galvanized press freedom groups and strained diplomatic relations with the United States.Large portions of the two-hour interview were taken up by Mr. Putin’s recounting hundreds of years of Russian history. But in the final minutes, Mr. Carlson asked, “as a sign of your decency,” if he “would be willing to release him to us and we’ll bring him back to the United States.” Mr. Carlson added: “This guy’s obviously not a spy. He’s a kid...
Why Are Americans Wary While the Economy Is Healthy? Look at Nevada.
Business

Why Are Americans Wary While the Economy Is Healthy? Look at Nevada.

Toni Irizarry recognizes that the economy has improved. Compared with the first wave of the pandemic, when Las Vegas went dark, and joblessness soared to levels not seen since the Great Depression, these are days of relative normalcy.Ms. Irizarry, 64, oversees a cafe at the Orleans Hotel and Casino, a property just off the Las Vegas Strip that caters mostly to locals. Guests have returned, filling the blackjack and roulette tables amid the cacophony of jingling slot machines — the sound of money.She started in the hospitality industry busing tables when she was only 16. Her paychecks have allowed her to purchase a home, raise three children and buy each of them their first car. But as she contemplates the future, she cannot shake a sense of foreboding.The outlook of people like Ms. Irizarr...
BP’s Shares Rise After It Says It Will Increase Oil Output
Business

BP’s Shares Rise After It Says It Will Increase Oil Output

BP’s new chief executive, Murray Auchincloss, promised a flexible approach to the shift away from fossil fuels as the oil giant reported a $3 billion profit in its latest quarter on Tuesday.Mr. Auchincloss said in an interview after BP reported earnings that the company was pursuing what he called a “demand strategy.” BP’s shares rose nearly 5 percent in trading in London, where the company is based.BP has a plan to become what Mr. Auchincloss called an integrated energy company. But in the meantime, “we see growing demand for energy right now across the globe,” he said. “It is not slowing down.”BP is “going to invest in today’s energy system, to help make sure that prices don’t get out of control,” Mr. Auchincloss said. “So that’s investing into oil and gas,” he added, while also putting ...
President of Powerful Service Workers Union Will Step Down
Business

President of Powerful Service Workers Union Will Step Down

Mary Kay Henry, the president of the Service Employees International Union, one of the nation’s largest and most politically powerful labor unions, announced Tuesday that she would step down after 14 years in her position.Ms. Henry was the first woman elected to lead the union, which represents nearly two million workers like janitors and home health aides in both the public and private sectors.Under her leadership, it launched a major initiative known as the Fight for $15, which sought to organize fast-food workers and push for a $15 minimum wage. Winning over skeptics in the ranks, Ms. Henry argued that the union could make gains through a broad-based campaign that targeted the industry as a whole rather than individual employers.Labor experts and industry officials cite the campaign as ...