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Business

FILE - A Boeing ecoDemonstrator Explorer, a 787-10 Dreamliner, sits on the tarmac at their campus in North Charleston, S.C., May 30, 2023. The Federal Aviation Administration said Monday, May 6, 2024, that it has opened an investigation into Boeing after the beleaguered company reported that workers at a South Carolina plant falsified inspection records on certain 787 planes. Boeing said its engineers have determined that misconduct did not create “an immediate safety of flight issue.” (Gavin McIntyre/The Post And Courier via AP, Pool, File)

The FAA investigates after Boeing says workers in South Carolina falsified 787 inspection records

The Federal Aviation Administration has opened an investigation into Boeing after the beleaguered company reported that workers at a South Carolina plant falsified inspection records on certain 787 planes.

FILE - The New York Stock Exchange is shown on March 19, 2024, in New York. (AP Photo/Peter Morgan)

Stock market today: Wall Street rises to add to last week’s gains

FILE - Social Security Administration commissioner Martin O'Malley testifies on Capitol Hill, March 20, 2024, in Washington. The go-broke dates for Medicare and Social Security have been pushed back as an improving economy has contributed to changed projected depletion dates, according the annual Social Security and Medicare trustees report released Monday, May 6, 2024. O'Malley called the report "a measure of good news," but said, "Congress still needs to act in order to avoid what is now forecast to be, in absence of their action, a 17% cut to people's Social Security benefits." (AP Photo/Mariam Zuhaib, File)

Medicare and Social Security go-broke dates are pushed back in a ‘measure of good news’

Migrants reach through a border wall for clothing handed out by volunteers as they wait between two border walls to apply for asylum Friday, May 12, 2023, in San Diego. Hundreds of migrants remain waiting between the two walls, many for days. The image was part of a series by Associated Press photographers Ivan Valencia, Eduardo Verdugo, Felix Marquez, Marco Ugarte Fernando Llano, Eric Gay, Gregory Bull and Christian Chavez that won the 2024 Pulitzer Prize for feature photography. (AP Photo/Gregory Bull)

Pulitzer Prizes in journalism awarded to The New York Times, The Washington Post, AP and others

FILE - Airbus CEO Guillaume Faury presents the European aerospace giant full year results, Feb. 15, 2024 in Blagnac, near Toulouse, southwestern France. In the latest round of their decades-long battle for dominance in commercial aircraft, Europe's Airbus has established a clear sales lead over Boeing as the American company deals with the fallout from manufacturing troubles and ongoing safety concerns. (AP Photo/Fred Scheiber, File)

Commercial jet maker Airbus is staying humble even as Boeing flounders. There’s a reason for that

Financial Markets

Traders work on the floor at the New York Stock Exchange in New York, Wednesday, May 1, 2024. (AP Photo/Seth Wenig)

Stock market today: Wall Street rallies after hiring shows welcome signs of cooling

Personal Finance

FILE - The Internal Revenue Service 1040 tax form for 2022 is seen on April 17, 2023. The IRS said Friday, April 26, 2024, more than 140,000 taxpayers filed their taxes through its new direct file pilot program. It says the program's users claimed more than $90 million in refunds, saving roughly $5.6 million in fees they would have spent with commercial tax preparation companies. (AP Photo/Jon Elswick, File)

140,000 people did their taxes with the free IRS direct file pilot. But program’s future is unclear

Economy

FILE - The European Central Bank is reflected in the river Main in Frankfurt, Germany, March 21, 2024. Europe’s economy perked up slightly at the start of the year, recording 0.3% growth in the January-March quarter as the inflation burden on consumers eased and the stagnating German economy, the continent’s biggest, started to show modest signs of life. (AP Photo/Michael Probst, File)

Europe’s economy shows signs of life with 0.3% growth in 1st quarter as inflation, energy woes ease

Tech

FILE - Russian Permanent Representative to the U.N. Vassily Nebenzia addresses members of the U.N. Security Council during a meeting on Non-proliferation of nuclear weapons, Wednesday, April 24, 2024, at the United Nations headquarters. Russia has defended its veto of a U.N. resolution calling on all nations to prevent a nuclear arms race in outer space. Nebenzia, on Monday, May 6, accused the West of planning for the military exploration of outer space, including the deployment of weapons. (AP Photo/Eduardo Munoz Alvarez, File)

Russia defends veto of UN resolution to prohibit nukes in outer space, urges vote to ban all weapons

More news

Workers at Stellantis plant near Detroit authorize strike in dispute over health and safety issues

The United Auto Workers union says over 1,000 workers at a Stellantis metal stamping plant in Warren, Michigan, have voted to authorize a strike over health and safety issues.

Nonprofit Chicago production house Invisible Institute wins 2 Pulitzer Prizes

A nonprofit Chicago journalism production company has won two Pulitzer Prizes for local and audio reporting.

A US company is fined $650,000 for illegally hiring children to clean meat processing plants

A Tennessee-based sanitation company is agreeing to pay more than half a million dollars after a federal investigation found it illegally hired children to clean dangerous meat processing facilities.

Federal appeals court upholds ruling that Zion Williamson’s 2019 contract with an agent was void

A federal appeals court has upheld a 2021 ruling that NBA star Zion Williamson’s contract with a marketing agent was void because the agent was not licensed in North Carolina when the two entered an agreement in 2019.

Slain nurse’s husband sues health care company, alleging it ignored employees’ safety concerns

Home health care provider Elara Caring is being sued by the husband of a Connecticut visiting nurse who was killed during an appointment with a convicted rapist.

How major US stock indexes fared Monday, 5/6/2024

U.S. stocks closed higher on Wall Street, adding to last week’s gains. The S&P 500 climbed 1% Monday.

One natural gas transport plan killed in New Jersey as another forges ahead

A major pipeline that would have moved natural gas through New Jersey and under two bays to New York has been killed.

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery rose 37 cents to $78.48 per barrel Monday. Brent crude for July delivery rose 37 cents to $83.33 per barrel.

After Barstool Sports sponsorship fizzles, Snoop Dogg brand is attached to Arizona Bowl, fo shizzle

Rapper and media personality Snoop Dogg is putting his name on the Arizona Bowl for what will be the first partnership between an alcohol brand and a college bowl game.

Call it Cognac diplomacy. France offered China’s Xi a special drink, in a wink at their trade spat

How do you smooth over trade tensions with the all-powerful leader of economic powerhouse China? Charm him with a bottle of Cognac or two.

Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits

Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their home as a result of longstanding real estate industry practices.

Inspired by the Met, ‘sleeping baddies’ tackle medical debt at the Debt Gala’s pajama party

The Met Gala has inspired pajama-clad New Yorkers to fundraise for medical debt relief at an alternative benefit called the Debt Gala.

The number of fish on US overfishing list reaches an all-time low. Mackerel and snapper recover

Federal officials say the number of fish on the government’s overfishing list sunk to a new low last year in a sign of healthy U.S. fisheries.

Trump Media fires auditing firm that US regulators have charged with ‘massive fraud’

Trump Media and Technology Group, the owner of social networking site Truth Social, has fired an auditor that federal regulators recently charged with “massive fraud.”

BioCryst Pharmaceuticals, Freshpet rise; Luminar, Integra fall, Monday, 5/6/2024

Stocks that traded heavily or had substantial price changes on Monday: BioCryst Pharmaceuticals, Freshpet rise; Luminar, Integra fall.

Julia Fox and Law Roach team up for a sustainable fashion competition show

A new fashion competition show on E! called “OMG Fashun,” challenges contestants to repurpose materials to create looks so unique that model and “it girl” Julia Fox would wear them.

Can yogurt reduce the risk of Type 2 diabetes?

Yogurt sold in U.S. grocery store may soon have new labels that say the popular food might help reduce the risk of Type 2 diabetes. The U.S.

Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle

Former Starbucks CEO Howard Schultz says the company’s leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales.

Hospital operator Steward Health Care files for bankruptcy protection

Hospital operator Steward Health Care has filed for bankruptcy protection, but pledged to maintain the eight hospitals it operates in Massachusetts.

Robinhood Markets receives SEC notice for alleged securities violations at crypto unit

Robinhood Markets Inc. has received a notice from the Securities and Exchange Commission about alleged securities violations at its crypto division.