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Categories Business

Why the United Auto Workers want big raises

Author September 15, 2023

The United Auto Workers’ standoff with the “Big Three” U.S. automakers — General Motors, Ford and Chrysler maker Stellantis — isn’t all

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Categories Business

Why Detroit’s Big Three are fighting to dominate the next generation of the car industry

Author September 15, 2023

Many of the core issues in the labor dispute between the United Auto Workers and the Big Three U.S. automakers are familiar:

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Categories Business

Delta will make it harder to get into airport lounges, changes rules to earn elite status

Author September 15, 2023

Delta Air Lines is changing how customers can earn elite frequent flyer status and is making it harder for many American Express cardholders to get

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Categories Business

Howard Schultz, former Starbucks CEO, steps down from company’s board

Author September 14, 2023

Former Starbucks CEO Howard Schultz is stepping down from the coffee chain’s board, the company said Wednesday. “I look forward to supporting this next generation of leaders

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Categories Business

Inflation ticks upward to 3.7% in August as the Fed’s fight to tame high prices rolls on

Author September 14, 2023

Prices for U.S. consumers grew 3.7% in August compared to a year ago as gasoline prices spiked, according to the Bureau of

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Categories Business

Inflation is driving up consumer credit card debt by billions of dollars

Author September 14, 2023

A combination of inflation and climbing interest rates seems to be stretching consumers’ balance sheets, but it’s not clear yet whether they’re

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Categories Business

Social Security COLA increase for 2024 could be higher than expected

Author September 14, 2023

Payments to Social Security recipients may increase a bit more than expected in 2024, but an advocacy group says they’ll still fall

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Categories Business

Smucker agrees to buy Twinkie maker Hostess Brands for $5.6 billion

Author September 13, 2023

Jelly maker J.M. Smucker is buying Twinkie owner Hostess Brands for $5.6 billion, or $34.25 a share. Hostess shareholders will receive $30 in cash and .03002 shares

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Categories Business

Disney and Charter reach deal to end cable blackout in time for ‘Monday Night Football’

Author September 13, 2023

The blackout fight between cable giant Charter Communications and Disney is over. Hours ahead of “Monday Night Football,” which airs on Disney’s ESPN, the companies reached a deal that

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Categories Business

McDonald’s plans to eliminate self-service soda stations at all its restaurants

Author September 13, 2023

Say goodbye to refilling that Coke. McDonald’s is getting rid of self-served soda. The Chicago-based fast food chain plans to eliminate self-service soda

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