Breaking News

Local Business

Stocks leap, oil drops after Iran deal

NEW YORK — Stock markets rallied worldwide Monday, and oil prices eased after the United States and Iran reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz to get the global flow of crude going again. The S&P 500 rose 1.7% on hopes that this time, the announcement of an Iran-U.S. agreement will mean a long-term fix to a conflict that has worsened inflation around the world. The Dow Jones Industrial Average climbed 468 points, or 0.9%, to a record, and the Nasdaq composite jumped 3.1%. Stocks got a lift after the price for a barrel of Brent crude oil ...

Nara Organics recalls baby formula

SAN FRANCISCO — Nara Organics recalled its organic baby formula sold nationwide in Target stores and online Saturday after a multistate outbreak of infant botulism, federal authorities said. Three babies between 2 and 5 months became ill in April and May in California, Pennsylvania and Washington after consuming Nara Organics Whole Milk Organic Powdered infant formula, which is also sold on Nara.com, the U.S. Food and Drug Administration said. They were hospitalized and treated with the FDA-approved treatment for infant botulism, the agency said. Infant botulism is a rare but ...

Experts say AI can’t do it all yet

NEW YORK — Many workers fear machines will supplant them as adoption of artificial intelligence accelerates. But what if people have qualities both unmistakably human and essential to career success that AI could not easily replace them? Some workplace experts argue that with more businesses adopting AI tools, soft skills such as empathy, critical thinking and ethical decision-making are worth cultivating to help employees become indispensible. Across industries and occupations, “the skills that are most resistant to displacement by AI are the ones that are the most distinctly ...

Bankruptcies

The following people have made filings in U.S. Bankruptcy Court in Pittsburgh. Chapter 7 involves selling assets to pay debts. Chapter 13 is a plan to pay debts using income. Chapter 11 involves reorganization to pay off debt. Filings by county include: Blair County Matthew J. and Talon L. Frederick. Chapter 7. April 29. Mark A. Cornell. Chapter 13. April 29. Cambria County Helen L. Smith. Chapter 7. April 30. Mya M. Wilson. Chapter 7. April 30. Jill M. Commons. Chapter 13. May 1. Henry Penrod. Chapter 7. May 1. Bedford County Nathan E. And Jamie A. ...

FDA: Fruity vapes not better than tobacco flavors

WASHINGTON — Fruit-flavored e-cigarettes recently authorized by the Food and Drug Administration were not significantly better at helping smokers quit than tobacco-flavored e-cigarettes, according to a new memo that’s likely to stir more questions about the agency’s decision. The FDA last month gave its first OK to fruit-flavored vapes — essentially endorsing them as a less-harmful alternative to traditional cigarettes. The decision came despite the agency’s longstanding position that such flavors appeal to children and must show extra health benefits to warrant approval for ...