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L.L. Bean rebuffs boycott over granddaughter’s big Trump donation

A man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company’s founder, had donated to a political action committee that helped elect Trump. “We are deeply troubled by the portrayal of L.L. Bean as a supporter of any political agenda,” Shawn Gorman, L.L. Bean’s executive chairman, said in a statement posted to Facebook late Sunday.

Union leader who says Trump lied about Carrier deal refuses to back down

Trump tours a Carrier factory in Indianapolis, Dec. 1, 2016. Chuck Jones, the union leader who claims President-elect Donald Trump lied to Carrier employees while touting a deal to keep jobs in the U.S., says he started receiving harassing phone calls a half hour after Trump slammed him on Twitter. “I’ve been doing this job for 30 years,” Jones, president of the United Steelworkers Local 1999, told CNN on Thursday morning.

Working, eating and sleeping at the office

The sight of workers sleeping on the job is common in China, where a surplus of cheap labor can lead to downtime and employees at startup companies work long hours.

Obama seeks ‘irreversible’ opening to Cuba

This story is part of a weeklong Yahoo series marking one year since the opening of relations between the United States and Cuba.

Samsung chief Lee arrested in corruption investigation

By Hyunjoo Jin SEOUL (Reuters) - Samsung Group chief Jay Y. Lee was arrested on Friday, a South Korean court said, over his alleged role in a corruption scandal that led parliament to impeach President Park Geun-hye. The Seoul Central District Court also rejected a request to issue an arrest warrant for Samsung Electronics Co Ltd President Park Sang-jin, who also heads the Korea Equestrian Federation. The 48-year-old Lee, Samsung's vice chairman, was taken into custody at the Seoul Detention Center, where he had awaited the court's decision following a day-long closed-door hearing that ended on Thursday evening.

Auto union courts Tesla workers, amplifies 'buy American' message

United Auto Workers President Dennis Williams said on Thursday the union is contacting workers at Silicon Valley electric car maker Tesla Inc , and plans to boost efforts to convince U.S. consumers not to buy vehicles built in other countries, including those sold by the Detroit automakers. The UAW leader also used a meeting with reporters to praise President Donald Trump for calling on companies to produce more products in the United States, and promising to rework the North American Free Trade Agreement.

U.S. court to rehear challenge to SEC judges

A U.S. appeals court on Thursday said it would rehear a challenge to the Securities and Exchange Commission's use of in-house judges. The order issued by the U.S. Court of Appeals for the District of Columbia Circuit wiped out a three-judge panel's August decision in favor of the commission. Oral arguments will be held on May 24.

Lockheed F-35 jet cost could drop 16 percent: Pentagon official

The cost of Lockheed Martin Corp's stealthy F-35 jet could fall 16 percent to around $80 million in future purchases, according to the Department of Defense's head of the program. Lieutenant General Chris Bogdan, who runs the F-35 program for the Pentagon, gave his new estimate for the future cost of the jet while speaking to the U.S House of Representatives at a Capitol Hill hearing on Thursday. President Donald Trump and other U.S. officials have criticized the Pentagon's most expensive program for delays and cost overruns, but the price per jet has steadily declined in recent years as production ramps up.

JPMorgan moving mortgages online to please paper-weary customers

JPMorgan Chase & Co is gradually introducing a digital mortgage platform where customers can apply online and track applications by mobile phone. The tools will allow customers to submit and sign documents online and exchange messages with bank staff and real-estate agents so loans can close more quickly and easily, consumer mortgage chief Mike Weinbach said in an interview. "This platform will allow us to be where more of our customers are, which is online and on their phones," Weinbach said.

U.S. housing starts drop; permits rise to one-year high

U.S. homebuilding fell in January as the construction of multi-family housing projects dropped, but upward revisions to the prior month's data and a jump in permits to a one-year high suggested the housing recovery remained on track. Other data on Thursday showed only a modest increase in the number of Americans filing new applications for unemployment benefits last week, a sign that the labor market was continuing to tighten. Housing starts fell 2.6 percent to a seasonally adjusted annual rate of 1.25 million units last month, the Commerce Department said.