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Categories Business

Amazon hikes wages for contract delivery drivers as union pressures grow

Author September 13, 2024

Amazon is bumping its average national pay for contracted delivery drivers to roughly $22 an hour, up from $20.50 an hour, the company said Thursday. The

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Categories Business

UAW, U.S. dealers increase criticism of Stellantis CEO over cuts, sales declines

Author September 13, 2024

DETROIT — Stellantis’ U.S. dealer network has joined the United Auto Workers union in criticizing CEO Carlos Tavares for the company’s recent sales

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Categories Business

American Airlines flight attendants ratify new contract with immediate raises topping 20%

Author September 13, 2024

American Airlines flight attendants approved a five-year labor deal, ending one of the industry’s most contentious contract negotiations and giving cabin crews raises

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Categories Business

Trump Media shares sink to new post-merger low after presidential debate

Author September 12, 2024

The share price of Trump Media plunged more than 10% on Wednesday, a day after majority shareholder Donald Trump gave a widely panned presidential debate performance against Vice

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Categories Business

Caroline Ellison seeks to duck prison sentence for role in FTX collapse

Author September 12, 2024

Lawyers for Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried, are recommending no prison time for their

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Categories Business

After success in Paris, Los Angeles looks to elevate Olympic Games in 2028

Author September 12, 2024

After a successful 2024 Olympics and Paralympics in Paris, the bar has been set high for the next summer Games in Los

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Categories Business

Lawmakers push to revive low-income broadband subsidy as providers pivot

Author September 12, 2024

Internet service providers including Charter, Verizon and Comcast are shifting customers away from the Affordable Connectivity Program, an expired federal internet subsidy

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Categories Business

New Starbucks CEO Brian Niccol outlines priorities to end coffee chain’s slump

Author September 11, 2024

New Starbucks CEO Brian Niccol will focus on improving the chain’s U.S. business in his early days on the job before he moves to

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Categories Business

Big Lots files for bankruptcy protection as it promises to keep offering ‘extreme bargains’

Author September 11, 2024

Discount home goods retailer Big Lots filed for bankruptcy protection on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced

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Categories Business

Broadband industry quietly abandons Capitol Hill fight to revive low-income internet subsidy

Author September 11, 2024

Internet service providers like Charter, Verizon and Comcast have quietly scaled back their efforts to revive the Affordable Connectivity Program, an expired federal internet subsidy that helped low-income

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