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Spokesman Review 08/11/2020 20:38
WASHINGTON — U.S. wholesale prices shot up an unexpected 0.6% in July, biggest gain since October 2018, as energy prices moved sharply higher. The Labor Department said Tuesday that the jump last month in its producer price index — which measures inflation before it reaches consumers — followed a 0.2% drop in June and a 0.4% uptick in May.
Spokesman Review 08/11/2020 20:38
Facebook Inc. removed 22.5 million posts for violating the company’s policies around hate speech in the second quarter, more than double the number removed during the first three months of the year. The company also said it removed about 95% of hate speech violations using automated software systems before a user ever reports them, according to a report released Tuesday.
Spokesman Review 08/11/2020 20:38
Associated Press. WASHINGTON – The Pentagon plans to free up a big chunk of its military airwaves in the U.S. for high-speed internet service, part of a broader push to get ahead of China in the deployment of 5G wireless technology. The Trump administration announced Monday it has identified radio spectrum used for radar defense systems that can be shared with commercial telecommunications providers without compromising national security. 5G is a new technical standard for the "fifth generation" of wireless networks that promises faster speeds; less lag, or "latency," when connecting to the network; and the ability to connect many devices to the internet without bogging it down.
Spokesman Review 08/11/2020 20:38
CANTON, Mass. — As if 2020 wasn’t weird enough, Dunkin’ is getting into the cereal game. The Massachusetts-based coffee and donuts empire is releasing two new breakfast cereals based on two of its most popular coffee drinks: Caramel Macchiato and Mocha Latte. The team-up with Post Consumer Brands, the makers of Honey Bunches of Oats, Shredded Wheat, Raisin Bran and other familiar cereals, is expected to hit grocery shelves later this month. The companies say Dunkin’ coffee concentrate is added to the cereal, which consists of little crunchy spheres mixed with flavored marshmallow bits.
Spokesman Review 08/11/2020 20:38
U.S. stock indexes closed mostly higher Monday, nudging the S&P 500 within striking distance of its all-time high set in February. The S&P 500 rose 0.3% after wavering between small gains and losses in the early going. The benchmark index is now within 1% of its last record high. The gains came on the first trading day since President Donald Trump announced several stopgap moves to aid the economy in response to the collapse of talks on Capitol Hill for a bigger rescue package. Trump signed executive orders over the weekend to extend an expired benefit for unemployed workers, among other things. The orders were more limited than what investors hoped to see from a full rescue bill for the economy, but hopes remain that the White House and Co.
Spokesman Review 08/11/2020 20:38
Associated Press. SACRAMENTO, Calif. – A judge on Monday ordered ride-hailing giants Uber and Lyft to treat their California drivers as employees instead of independent contractors, a shift that would guarantee benefits like overtime, sick leave and expense reimbursement for workers who make up much of the freewheeling gig economy. But the ruling from San Francisco Superior Court Judge Ethan P. Schulman won’t take effect right away as both Uber and Lyft said Monday they will immediately appeal to a higher court, which could put the ruling on hold as the case continues. Still, advocates praised the ruling as a milestone in their fight to apply traditional worker protections to a fast-growing segment of the labor force.
Spokesman Review 08/11/2020 20:38
SEATTLE – Boeing won no new airplanes orders in July while delivering just four commercial jets and wiping another 52 orders from the backlog for its grounded 737 Max. When the manufacturer on Tuesday updated its orders and deliveries website, it revealed a continuation of the collapse of business since the coronavirus pandemic hit airlines in March. With international air networks all but paralyzed and domestic routes at a fraction of normal passenger traffic despite a slight recovery, many Boeing airline customers have deferred existing deliveries into the future and avoided new orders. Boeing’s four commercial airplane deliveries in July were all out of its Everett widebody jet plant: a 767 freighter for FedEx, a 777 freighter for DHL, a.
Spokesman Review 08/11/2020 20:32
Wall Street pumped the brakes on its recent rally Tuesday, as a late slide in big technology companies left stocks broadly lower, erasing an early gain. The reversal left the S&P 500 with a 0.8% loss after having been up 0.6% earlier. The decline in big-name technology stocks like Apple and Microsoft, plus losses in health care and communications stocks, outweighed gains in financial, industrial and energy companies. Tech stocks have far outpaced the rest of the market this year as investors bet they could still thrive in a stay-at-home economy. The pullback ended the S&P 500’s seven-day winning streak. Despite the sell-off, the benchmark index remains within 2% of the all-time high it reached in February, reflecting a stunning turnaround f.
Spokesman Review 08/11/2020 19:09
DETROIT — Allegations by General Motors that Fiat Chrysler Automobiles bribed union officials are "preposterous" and read like a script from a "third-rate spy movie," FCA lawyers wrote in court documents filed Monday. GM, in a motion last week, alleged that Fiat Chrysler used foreign bank accounts to bribe union officials so they would stick GM with higher labor costs. But in a response, the Italian-American automaker fired back, calling GM’s claims "defamatory and baseless.".
Spokesman Review 08/11/2020 18:46
A small internet service provider near Sandpoint has been caught in the middle of delayed information, a rush to provide federal funds and a process that could lead to government officials using taxpayer dollars that would give an advantage to the provider’s competition. Ryan Green is the president of Kaniksu Networks, a small internet provider that has about 450 customers in the area east of Sandpoint, including Hope and Clark Fork. "We got started because there was a huge gap in internet speeds from the current providers," Green said.
Spokesman Review 08/10/2020 13:41
DALLAS — With air traffic nearing a five-month high, airport security is finding guns in passenger carry-on bags at three times the rate recorded before the pandemic. And 80% of the guns are loaded. The discoveries at airports comes at a time when U.S. gun sales are surging, and analysts believe many of those purchases are being made by first-time buyers. Officers found 15.3 guns for every million people screened in July, compared with 5.1 per million people in July of last year, the Transportation Security Administration said Monday. There has been a significant increase in loaded guns at checkpoints, said TSA Administrator David Pekoske.
Spokesman Review 08/10/2020 01:50
HONG KONG — Hong Kong police arrested media tycoon Jimmy Lai and raided the publisher’s headquarters Monday in the highest-profile use yet of the new national security law Beijing imposed on the city in June. “Jimmy Lai is being arrested for collusion with foreign powers at this time,” Mark Simon, an executive of Lai’s media group and his aide, wrote on Twitter. Lai, masked and wearing a blue shirt and a light gray blazer, was led out of his mansion in Kowloon by police officers also wearing surgical masks and was taken away. Hong Kong police said seven people between 39 and 72 years old had been arrested on suspicion of violating the new security law, with offenses including collusion with a foreign country, but the statement did not revea.
Spokesman Review 08/09/2020 13:23
As the 2020 president of the Spokane Association of Realtors, Tom Clark has spent the past year assisting real estate brokers, agents and clients navigate Spokane’s housing market. Clark has 27 years of experience as a Realtor, broker, trainer and manager with Crowley Realty, Better Homes and Gardens Real Estate; Coldwell Banker Real Estate; and Kestell Co. Realtors. He has served on several boards within the local Realtors association, including the education, communications, grievance, professional standards and serving our Spokane committees. As SAR president, Clark also acts as a liaison between the association and the community, providing answers about the local real estate market, which is competitive with low inventory, rising prices.
Spokesman Review 08/09/2020 13:23
Banking. First Interstate Bank has promoted Chad Burchard from market president in Spokane to director of commercial production and promoted T. J. Brill from commercial group manager to market president in Spokane. Burchard has more than 20 years of experience in commercial banking and is a school board member of Mead School District 354. Brill has worked for First Interstate since 2011 and began his banking career as a teller in 1998. Insurance. Leavitt Inland Pacific Insurance Services has announced its expansion into the Spokane/Coeur d’Alene marketplace. Senior vice president Mike Cunningham will lend his 21 years of experience in the Spokane marketplace to newly hired account executive Jodi Powers . Nonprofit. Partnering For Progress has
Spokesman Review 08/09/2020 13:09
Going back to school may look different this year, but that isn’t stopping parents from trying to be prepared, whether children are in the classroom or at home. Unfortunately, with supplies low and demand high, people are shopping with new online retailers they have never used before, which is causing extra stress and money loss. The Federal Trade Commission has reported that Americans have already lost $77.4 million because of COVID-19 fraud. Online shopping is one of the top categories in that report, stemming in part from idled factories that produce the world’s clothing, shoes and electronics. Spring and summer goods were shipped before the disruptions began, but as we know, the effects of coronavirus shutdowns continue to impact consum.
Spokesman Review 08/09/2020 13:02
Grocery chain Trader Joe’s has built a devoted following other brands might only dream of. It has a podcast. It prints an old-timey newsletter called the Fearless Flyer that makes readers laugh out loud. Fans rave about the high-quality, affordable groceries and the friendly employees who wear Hawaiian shirts. Some people even go out of their way to live near a Trader Joe’s. That’s the fruit of the company’s efforts to create a fun and quirky shopping experience. But today’s increasingly polarized society puts Trader Joe’s in a tough spot: It can’t please everyone anymore. Recent criticism has charged that branding it uses on certain product lines, such as Trader Ming’s and Trader Jose’s, are racist. An online petition gathered thousands of.
Spokesman Review 08/09/2020 13:00
You might think of AT&T (NYSE:T) as just a phone company, but it’s much more, offering cellphone service, internet service, satellite and streaming television service – and content, via its ownership of Time Warner. The telecom giant’s stock was recently down about 15% over the previous five years, woefully underperforming the S&P 500’s gain of more than 50% over the same time frame.
Spokesman Review 08/08/2020 18:06
Eddie Williams estimates half of all bowling centers in Washington will go under if current restrictions keep them closed through January. Williams, manager at Lilac Lanes and Casino in Spokane since 2007, said the outdoor, tented card room his business opened has been their primary source of income, but the tent cost $40,000. His patrons don’t want to see the business go belly up, so Saturday morning they demonstrated in the parking lot.
Spokesman Review 08/08/2020 01:22
NEW YORK — Facebook’s Instagram is launching its answer to the hit short video app TikTok — Instagram Reels . The new Instagram feature will let users record and edit 15-second videos with audio, and will let users add visual effects. Users will be able to share Reels with followers in Instagram in a dedicated section called Reels in Explore, or in the Story feature where posts disappear after 24 hours. The Reels option will be available in the Instagram app. Facebook has a long tradition of cloning competitive services. The Instagram “Story” feature, which lets people share photos and videos that expire in 24 hours, is similar to Snapchat. Facebook CEO Mark Zuckerberg faced tough questioning about the company’s habit of copying rivals befo.

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