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MEXICO CITY (AP) — Mexican billionaire Carlos Slim says he supports President Andrés Manuel López Obrador’s objectives and estimates that he will make investments of more than $5.2 billion through his companies during López Obrador’s six-year term. Slim highlighted the president’s efforts to rein in government spending, raise the minimum wage, eradicate corruption, address crime, […]
A new Port of Seattle partnership is taking aim at one of the maritime sector’s most intractable problems: The greying seas. One-third of employees in Washington’s maritime industry are over the age of 55, according to 2018 Census data. The bracket seeing fastest employment growth is ages 65 and up. That’s causing alarm among leaders […]
Ask the Fool who’s BUYING Q: When lots of investors sell a stock, its price drops. I get that. But who is buying all those shares? — P.L., Santa Barbara, California A: There’s generally a buyer for every share that’s sold. You can think of the stock market as an auction, where stocks trade at […]
MEXICO CITY (AP) — Longtime Mexican oil workers union leader Carlos Romero Deschamps reportedly resigned Wednesday following repeated scandals over alleged corruption. Several Mexican news outlets said Deschamps, who had been in the job since 1992, presented his resignation at a closed-door meeting. There was no immediate comment from state oil company Petroleos de Mexico […]
BERLIN (AP) — The German government said Wednesday it has called an international meeting over Shell’s refusal to dismantle old oil rigs containing thousands of tons of crude in the Northeast Atlantic. A spokesman for Germany’s environment ministry told reporters in Berlin that the OSPAR Commission, which oversees a treaty on protecting the Northeast Atlantic, […]
CHICAGO (AP) — Chicago’s mayor announced Wednesday that the city’s public schools would be closed on Thursday in anticipation of an expected strike by the city’s 25,000 teachers. A strike in the nation’s third-largest school district would mean no classes for nearly 400,000 students. Like most workers threatening to walk off the job, the teachers […]
OMAHA, Neb. (AP) — Billionaire Warren Buffett’s company has completed the sale of one of its smaller insurance companies. Berkshire Hathaway said in a filing with the Securities and Exchange Commission Tuesday it has sold Applied Underwriters, which sells workers’ compensation insurance. Buffett said in February he agreed to take the unusual step of selling […]

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