NY school district finds electric buses cost 9 times more than diesel

School districts in several states are facing mandates to incorporate electric buses into their school bus fleets, with the EVs bringing with them different operating costs and posing new challenges. Several states, including New York and California, have implemented requirements that school districts buy zero-emission school buses with their new purchases.…

Cruise lines hit by rising fuel costs as Iran war drives oil prices up

Cruise lines are facing headwinds as rising oil prices push their fuel costs higher amid the Iran war, as analysts are warning that Carnival could see the biggest hit to its 2026 profit. Oil prices have risen over 35% since the war with Iran began amid attacks on oil and transportation facilities…

Honda takes .7B writedown on struggling EV business

Honda announced a $15.7 billion writedown of its electric vehicle (EV) business last week as the company shifts its U.S. strategy to account for weak consumer demand for EVs. The second-largest automaker in Japan said Thursday that it will restructure its EV business and cancel three planned battery-powered EV models that…

Atlanta TSA union calls DHS shutdown ‘unconstitutional’ amid funding standoff

Union leaders representing Transportation Security Administration (TSA) workers in Atlanta called on lawmakers Monday to end the Department of Homeland Security (DHS) shutdown, saying the stalemate has crippled its members financially as they continue to work without being paid.  Aaron Barker, the president of AMG local 554, said the union’s…

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US economic growth revised lower in 4Q, Commerce Department says

This is a developing story about the second reading of fourth-quarter gross domestic product growth. Please check back for updates. The U.S. economy grew at a slower rate than previously thought in the fourth quarter after the Commerce Department released its first revision of real gross…

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1-800-Flowers.com to deliver millions of stems for Mother’s Day

Mother’s Day is one of the busiest holidays of the year for 1-800-Flowers.com. The company, headquartered in New York, expects to deliver 17.8 million stems for the occasion, including 6.9 million roses and 2.8 million tulips. “Delivering so many flowers in such a tight timeframe, as with the Mother’s Day…

Patriotic apparel brand RiserUnited honors the American flag

RiserUnited, a newly founded online clothing company based out of Dallas, gives shoppers the opportunity to “wear their values” by selling patriotic apparel that honors the American flag. “We believe that when you rise for the flag, and you understand what the flag represents, it gives you a sense of…

Cuban restaurant owner plans expansion thanks to Trump tax legislation

As a restaurant owner, I enjoy sharing the rich flavors of my Cuban heritage with customers every day. Whether that’s making the world’s largest croqueta or serving the “hippest sip” of coffee in Miami, my small business is working overtime to compete in the quick-paced hospitality industry that is characterized by long hours and tight budget margins.But thanks to the recent passage of the One Big Beautiful Bill…

Century-old American Hat Company rides wave of strong demand

Business has reportedly been booming for American Hat Company – a Texas-based cowboy hat manufacturer – since the 2018 launch of the hit Western TV series “Yellowstone.” Founded in 1915 and headquartered in Bowie, Texas, the company specializes in handmade felt and straw cowboy hats offered in a range of…

Small Business Saturday encourages shoppers to support local

After many Americans go big for Thanksgiving and Black Friday, the Saturday that follows has become the moment to shop small. Observed annually during the first weekend after Thanksgiving, Small Business Saturday encourages consumers to redirect some of their holiday spending toward small businesses — the backbone of the U.S.…

Small business owners remain ‘cautiously optimistic’ heading into 2026

Many small business owners are betting on growth in the year ahead, even as inflation, labor shortages and economic uncertainty continue to pressure operations, a new survey finds. About 80% of small business owners say they are confident in their outlook, and about 79% expect revenue growth in 2026, according…

‘Silver tsunami’ of retiring owners threatens US small businesses: expert

A looming “silver tsunami” of retiring baby boomer business owners could dramatically reshape America’s small-business landscape. Nearly half of U.S. small-business owners are 55 or older, yet just 54% have a succession plan in place — setting the stage for a potential retirement shock that could leave many companies vulnerable…

Jobs report shows wage gains outpace inflation in February data

The Labor Department’s latest jobs report showed that American workers’ wage gains are continuing to outpace stubbornly high inflation. The Bureau of Labor Statistics released its jobs report for February Friday, which showed that workers’ average hourly earnings rose faster than expected last month.Employees on private nonfarm payrolls saw their average hourly…

February jobs report: CEO warns AI invisible layoff is locking out workers

The February jobs report revealed a loss of 92,000 jobs, but according to RedBalloon CEO Andrew Crapuchettes, the real economic rot isn’t just in the numbers — it’s in the technology. Crapuchettes warns that an invisible layoff is occurring as artificial intelligence algorithms effectively delete qualified American workers from the…