Business & Economy
Associated Press/Photo by Cliff Owen

Bezos fires back at National Enquirer

by Kiley Crossland
Posted 2/08/19, 11:04 am

Amazon CEO Jeff Bezos in a blog post Thursday claimed to be the target of extortion and blackmail by the publisher of the National Enquirer. Bezos, 55, said the tabloid threatened to publish explicit personal photos of him unless he stopped investigating how the Enquirer obtained texts between him and his mistress. The National Enquirer on Jan. 9 published a story about Bezos and his affair with former TV anchor Lauren Sanchez, who is married. That same day, Bezos announced on Twitter that he and his wife of 25 years, MacKenzie Bezos, were planning to divorce.

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Associated Press/Photo by Julio Cortez

Jobs report brings good news

by Rachel Lynn Aldrich
Posted 2/01/19, 10:43 am

U.S. employers added 304,000 jobs to the economy in January, the most in nearly a year, the federal government reported Friday. The gain follows a decade of economic expansion, with the United States seeing added jobs for 100 straight months, the longest such period ever reported. Hiring has accelerated since last summer despite December job growth coming in below predictions.

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Associated Press/Photo by Tony Avelar (file)

California utility filing for bankruptcy after wildfires

by Kiley Crossland
Posted 1/14/19, 10:35 am

The Pacific Gas and Electric Company said Monday it will file for bankruptcy in the face of massive potential liabilities for deadly California wildfires in recent years. CEO Geisha Williams resigned Sunday, and the share price of the publicly traded utility plunged by 50 percent Monday morning. PG&E provides natural gas and electricity to about 16 million people in most of the northern two-thirds of California. State fire investigators have blamed the company for wildfires that broke out in Northern California in October 2017.

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