Rocky Mountain Voice

Menu

Fox Business

Costco Teamsters vote to authorize strike
No Comments
Approved, Fox Business, National

Costco Teamsters vote to authorize strike

By Pilar Arias  | Fox Business Eighteen thousand Costco Teamsters are preparing to strike if a "fair contract offer" is not presented by the end of the month. Eighty-five percent of Costco Teamsters across the U.S. voted in favor of authorizing the strike, according to a Sunday press release. Tensions had been building throughout the week, as Teamsters put up several Costco-related posts on its social media. "From day one, we’ve told Costco that our members won’t work a day past January 31 without a historic, industry-leading agreement," Teamsters General President Sean M. O’Brien said in a statement.  READ THE FULL STORY AT FOX BUSINESS
Read More
Senator praises Trump’s energy ‘dream team’ nominees, Wright and Burgum
No Comments
Approved, Fox Business, National

Senator praises Trump’s energy ‘dream team’ nominees, Wright and Burgum

By Breck Dumas | Fox Business Freshman Sen. Jim Justice began his first week on the job warning that America faces a "crisis" unless the country addresses its energy policies – and fast. But he expressed confidence in two of the nominees President-elect Trump has selected to tackle the issue. The Republican from West Virginia, who was sworn in several days later than other senators in order to complete his term as governor of the state, sits on the upper chamber's Energy & Natural Resources Committee, which held confirmation hearings for Trump's picks to lead the Department of Energy and the Department of the Interior this week. Trump's nominee for energy secretary, Liberty Energy CEO Chris Wright, and the president-elect's pick for interior secretary, North Dakota Gov. Doug B...
Read More
Kohl’s is closing 27 stores in 15 states, including Arapahoe Crossing location in Aurora
No Comments
Approved, Fox Business, National

Kohl’s is closing 27 stores in 15 states, including Arapahoe Crossing location in Aurora

By Aislinn Murphy  | Fox Business Twenty-seven "underperforming" Kohl’s stores are set to shutter this spring. The locations, named late last week by Kohl’s, will permanently close their doors by April, according to the Wisconsin-based retailer. "While Kohl’s continues to believe in the health and strength of its profitable store base, these specific locations were underperforming stores," Kohl’s said.  READ THE FULL STORY AT FOX BUSINESS
Read More
California fires: Insurance companies dropping coverage and fleeing the state due to decades-old law
No Comments
Approved, Fox Business, National

California fires: Insurance companies dropping coverage and fleeing the state due to decades-old law

By Breck Dumas  | Fox Business California's insurance crisis is expected to get even worse after the devastating wildfires raging in the state, and experts say a decades-old law plays a significant role in why insurance companies have fled the state in recent years. In 1988, California voters passed Proposition 103, which gave the state's Department of Insurance the power to approve rates or even roll them back. So, insurance companies that want to raise rates have to go through a regulatory process that can take months or even years, hindering their ability to adequately adjust rates to cover their losses and assess risk.  "Prop 103 is essentially price controls," said Steven Greenhut, western region director for the R Street Institute in Sacramento. "It puts the kibosh on t...
Read More
Walmart CEO Doug McMillon meets with Trump on trade relations, investing in U.S.
No Comments
Approved, Fox Business, National

Walmart CEO Doug McMillon meets with Trump on trade relations, investing in U.S.

By Daniella Genovese  | Fox Business Walmart CEO Doug McMillon met with President-elect Donald Trump at Mar-a-Lago on Tuesday to discuss a range of topics, including investing in the U.S., trade relations and innovation.  The nation's largest private employer did not offer more details beyond that "it was a great conversation."  "We stand ready to help move our country forward," a Walmart spokesperson told FOX Business.   READ THE FULL STORY AT FOX BUSINESS
Read More
Private sector adds 122,000 jobs in December, below expectations, ADP says
No Comments
Approved, Fox Business, National

Private sector adds 122,000 jobs in December, below expectations, ADP says

By Matthew Kazin  | Fox Business Companies in the private sector added 122,000 jobs in December, payroll processing firm ADP said on Wednesday. The figure is below economists’ estimates of 140,000 jobs and lower than the prior month’s reading of 146,000. "The labor market downshifted to a more modest pace of growth in the final month of 2024, with a slowdown in both hiring and pay gains," said Nela Richardson, ADP's chief economist. "Health care stood out in the second half of the year, creating more jobs than any other sector." READ THE FULL STORY AT FOX BUSINESS
Read More
Mortgage rates kick off 2025 with an increase, nearing 7%
No Comments
Approved, Fox Business, National

Mortgage rates kick off 2025 with an increase, nearing 7%

By Breck Dumas  | Fox Business Mortgage rates are up for a third straight week to the highest since July, further hindering demand in the already-stagnant housing market. "Inching up to just shy of seven percent, mortgage rates reached their highest point in nearly six months," said Sam Khater, Freddie Mac’s chief economist. "Compared to this time last year, rates are elevated and the market’s affordability headwinds persist." READ THE FULL STORY AT FOX BUSINESS
Read More
President Biden to block sale of US Steel to Nippon Steel
No Comments
Approved, Fox Business, National

President Biden to block sale of US Steel to Nippon Steel

By Eric Revell  | Fox Business President Biden is blocking the proposed $14 billion acquisition of U.S. Steel by Nippon Steel. "A strong domestically owned and operated steel industry represents an essential national security priority and is critical for resilient supply chains.  That is because steel powers our country: our infrastructure, our auto industry, and our defense industrial base. Without domestic steel production and domestic steel workers, our nation is less strong and less secure", Biden stated on Friday.  Biden previously expressed opposition to the deal and said that U.S. Steel should remain an American-owned and American-operated firm. The Biden-Harris administration's Justice Department investigated the deal on antitrust grounds, while the Committee on ...
Read More
CCP-affiliated hacker breaks into Treasury Department system in ‘major incident’
No Comments
Approved, Fox Business, National

CCP-affiliated hacker breaks into Treasury Department system in ‘major incident’

By Andrea Margolis , Edward Lawrence  | Fox Business An actor affiliated with the Chinese government recently hacked the U.S. Treasury Department in a "major incident," officials announced on Monday. In a letter obtained by FOX Business, the Treasury Department disclosed the incident to Senate Banking Committee leadership. Officials learned of the breach on Dec. 8.  The cybercriminal reportedly gained access to Treasury Department workstations and documents via a security key. "Once Treasury was alerted by the service provider, we immediately contacted Cybersecurity and Infrastructure Security Agency (CISA) and have worked with law enforcement partners across the government to ascertain the impact of this incident," the spokesperson said.  READ THE FULL STORY ...
Read More
Costco defends DEI program as other major retailers drop diversity push
No Comments
Approved, Fox Business, National

Costco defends DEI program as other major retailers drop diversity push

By Danielle Wallace  | Fox Business Costco's board of directors is urging shareholders to vote against a proposal that would eliminate the wholesale retailer's diversity, equity and inclusion (DEI) program. "Our success at Costco Wholesale has been built on service to our critical stakeholders: employees, members, and suppliers. Our efforts around diversity, equity and inclusion follow our code of ethics: For our employees, these efforts are built around inclusion – having all of our employees feel valued and respected," the board of directors wrote in a message to investors previously reported by The Hill. "Our efforts at diversity, equity and inclusion remind and reinforce with everyone at our Company the importance of creating opportunities for all. We believe that ...
Read More

FD863768-0ACF-495E-9D21-2EF784DFFA6B[1]

Join us at RMV's Freedom Festival

Click Here for Tickets!

This will close in 0 seconds