Category Archives: WBAP 24/7 News

Norfolk Southern Railroad Says Its CEO is Under Investigation for Alleged Ethical Lapses

Norfolk Southern Railroad Says Its CEO is Under Investigation for Alleged Ethical Lapses

(AP) – Norfolk Southern’s board has confirmed that the railroad’s CEO Alan Shaw is under investigation for potential ethical lapses. A spokeswoman for the Atlanta-based railroad declined to offer any additional details Monday about the nature of the allegations against Shaw, who has been CEO since May 2022. Shaw has been under tremendous pressure. First,…MORE

Actor James Earl Jones Dies at Age 93

Actor James Earl Jones Dies at Age 93

ASSOCIATED PRESS – NEW YORK (AP) — James Earl Jones, who overcame racial prejudice and a severe stutter to become a celebrated icon of stage and screen — eventually lending his deep, commanding voice to CNN, “The Lion King” and Darth Vader — has died. He was 93. His agent, Barry McPherson, confirmed Jones died…MORE

Dak Prescott, Cowboys agree to terms on four-year, $240 million contract extension

Dak Prescott, Cowboys agree to terms on four-year, $240 million contract extension

Dallas – (NFL/WBAP/KLIF) Dak Prescott and the Dallas Cowboys have agreed to terms on a four-year, $240 million contract extension ahead of Sunday’s regular-season opener against the Cleveland Browns. Prescott’s deal includes $231 million guaranteed and an $80 million signing bonus. At $60 million per year in new money, Prescott will be the highest-paid quarterback…MORE

A New Report Reveals a Home Shortage in Texas

A New Report Reveals a Home Shortage in Texas

(WBAP/KLIF) – While Texas is building plenty of new homes, it’s still not enough to keep up with the growing population. A new report from the Texas comptroller’s office says that the state was 306-thousand homes short of demand in 2023. The report also stated that there’s a lack of supply of affordable housing for…MORE

Airline Loyalty Programs Are Being Investigated by Federal Officials

Airline Loyalty Programs Are Being Investigated by Federal Officials

(WBAP/KLIF) – Four major airlines including Delta, United, Southwest, and Fort Worth based American Airlines are all involved in a federal investigation. The Department of Transportation has asked each airline for a report on their loyalty programs. Secretary of Transportation, Pete Buttigieg wants to investigate the policies and fees of the airlines after an increase…MORE

Sluggish US Jobs Report Clears the Way for Federal Reserve to Cut Interest Rates

Sluggish US Jobs Report Clears the Way for Federal Reserve to Cut Interest Rates

WASHINGTON (AP) — Hiring by America’s employers picked up a bit in August from July’s tepid pace, and the unemployment rate dipped for the first time since March in a sign that the job market may be cooling but remains sturdy. Employers added a modest 142,000 jobs, up from a scant 89,000 in July. The…MORE

Stellantis Recalls 1.5M Ram Trucks to Fix Software Bug That Can Disable Stability Control

Stellantis Recalls 1.5M Ram Trucks to Fix Software Bug That Can Disable Stability Control

DETROIT (AP) — Stellantis is recalling nearly 1.5 million Ram pickups worldwide to fix a software problem that can disable the electronic stability control. The recall covers certain trucks from the 2019 and 2021 through 2024 model years. Most are in North America. Stellantis said in a statement Saturday that the trucks may have anti-lock…MORE

Amazon Says in a Federal Lawsuit That the NLRB’s Structure is Unconstitutional

Amazon Says in a Federal Lawsuit That the NLRB’s Structure is Unconstitutional

(AP) – Amazon is challenging the structure of the National Labor Relations Board in a lawsuit that also accuses the agency of improperly influencing the outcome of a union election at a company warehouse more than two years ago. The complaint, filed Thursday at a federal court in San Antonio, mirrors some legal arguments the…MORE

Japanese 7-Eleven Convenience Store Chain Operator Turns Down Couche-Tard Takeover Offer

Japanese 7-Eleven Convenience Store Chain Operator Turns Down Couche-Tard Takeover Offer

TOKYO (AP) — The parent company of the Japanese 7-Eleven convenience store chain is turning down a takeover offer from Alimentation Couche-Tard of Canada. In a letter made public Friday, Stephen Dacus, who heads a special committee examining the proposed takeover, said the committee carefully reviewed the offer to acquire all outstanding shares of Seven…MORE