UAW strike hits Ford, GM, Stellantis plants
UAW strike hits Ford, GM, Stellantis plants
"We got to do what we got to do to get our share of economic and social justice in this strike," Fain said outside the Ford facility in Wayne. "We're going to be out here until we get our share of economic justice. And it doesn't matter how...
2023-09-18 10:46:43
<b>McDonald's advocacy group criticizes new California fast food bill</b>
McDonald's advocacy group criticizes new California fast food bill
After California lawmakers passed a landmark fast-food bill, an independent advocacy group of owners is pushing back against what it says will be a "devastating financial blow" to its franchisees in the state, according to a memo to its mem...
2023-09-18 10:46:37
<b>California fast food minimum wage deal: What to know</b>
California fast food minimum wage deal: What to know
Fast-food workers in California are set to receive pay hikes next year after the restaurant industry and unions reached a compromise over a controversial bill. The deal, brokered with the , also creates a nine-person council that will decid...
2023-09-18 10:46:32
Why Stellantis could face a longer UAW strike than Ford or GM
Why Stellantis could face a longer UAW strike than Ford or GM
The United Auto Workers labor union against the three Detroit automakers early Friday morning. The stoppages affect three plants that make popular models such as the Ford Bronco, Chevrolet Colorado and Jeep Wrangler. It's the first time in...
2023-09-18 10:46:27
<b>Planet Fitness shares sink after board ousts CEO</b>
Planet Fitness shares sink after board ousts CEO
In a move that stunned investors and employees alike, ousted company veteran Chris Rondeau from his post as CEO, the workout chain said Friday in a . Shares closed nearly 16% lower in the wake of the announcement, hitting a 52 week low. Pla...
2023-09-18 10:46:21
<b>UAW strike brings blue collar battle, Bernie Sanders to Detroit</b>
UAW strike brings blue collar battle, Bernie Sanders to Detroit
To do so, he has leveraged a yearslong national labor movement and a growing disgust for wealthy individuals and corporations among many Americans — starting with his first time addressing the union's more than 400,000 members during in M...
2023-09-18 10:46:16
Rimac Nevera EV review: Powerful, easy to drive
Rimac Nevera EV review: Powerful, easy to drive
Rimac's early prototypes were impressive enough to attract significant investments from Hyundai and Porsche, and it (or about $534 million) last year. Those served as the foundation of what is now a thriving business consulting to tradition...
2023-09-18 10:46:10
<b>Disney asset sales will move media industry forward</b>
Disney asset sales will move media industry forward
Usually when a person or company sells something, the primary motivation is getting back as much money as possible. 's motivation to potentially sell ABC and its owned affiliates, linear cable networks and a minority stake in ESPN isn't pre...
2023-09-18 10:46:04
<b>Hollywood pays steep price for not figuring out streaming</b>
Hollywood pays steep price for not figuring out streaming
Picket signs have lined the gates of Hollywood's studios for nearly five months, as the industry's writers and actors rally for AI protections, better wages and a cut of streaming profits. The problem is streaming isn't yet profitable for m...
2023-09-18 10:45:59
Moderna flu vaccine shows promising phase three trial results
Moderna flu vaccine shows promising phase three trial results
on Wednesday said its experimental mRNA-based produced a against four strains of the virus than a currently available flu vaccine in a late-stage trial, clearing the way for a path to approval in the U.S. Shares of Moderna rose 4% in premar...
2023-09-14 10:19:40
<b>Goldman Sachs is in the spotlight as Arm, Instacart test IPO market</b>
Goldman Sachs is in the spotlight as Arm, Instacart test IPO market
The return of large tech IPOs this week after a prolonged drought isn't just a test of investors' appetite for risky new offerings — it's a key moment for Wall Street's top advisor, . Chip designer is expected to begin trading Thursday in...
2023-09-14 10:19:35
American Airlines, Spirit cut summer profit forecast on costs
American Airlines, Spirit cut summer profit forecast on costs
and on Wednesday joined other carriers in that higher costs will hit profits during the bustling summer quarter. American said it expects adjusted earnings per share to come in between 20 cents and 30 cents in the third quarter, down from a...
2023-09-14 10:19:29
SpaceX no longer taking losses to produce Starlink satellite antennas
SpaceX no longer taking losses to produce Starlink satellite antennas
PARIS — SpaceX is no longer absorbing the cost of the Starlink antennas it sells with its satellite internet service, a company executive said Wednesday, a key step to the company improving its profitability. "We were subsidizing terminal...
2023-09-14 10:19:24
Major League Pickleball, PPA merger back on
Major League Pickleball, PPA merger back on
After weeks of drama in professional pickleball, the PPA Tour and Major League Pickleball have again agreed to merge, the leagues said Wednesday. The combination is backed by a $50 million investment led by private equity firm SC Holdings,...
2023-09-14 10:19:18
Citigroup CEO Jane Fraser reorganizes business
Citigroup CEO Jane Fraser reorganizes business
In this article CEO announced a corporate reorganization Wednesday, saying the move would cut down management layers and accelerate decisions. Fraser said in a that Citigroup would be divided into five main business lines that report direct...
2023-09-14 10:19:12