American Airlines Offers $4.2 Billion in Pay Increase for Flight Attendants to Avoid Strike
American Airlines agreed to allot $4.2 billion worth in pay and benefits to its flight attendants after agreeing on a tentative deal.
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Recent US Inflation Report Boosts Tech Stocks, With Semiconductor Shares Rebounding
Wall Street rebounded strongly on Friday, led by a 1.63% surge in the Dow Jones, after moderate inflation data boosted hopes for an early Federal Reserve interest rate cut.
G20 Reports Risks That Could Harm Global Economy, But Avoids Mentioning Ukraine and Gaza
G20 finance ministers and central bankers are optimistic about a "soft landing" for the global economy but warn of geopolitical risks, avoiding specific mentions of Ukraine and Gaza in their discussio
30% of Global EV Owners Consider Switching Back to Gas Cars, Survey Says
A recent McKinsey survey reveals nearly 30% of global EV owners, with 46% in the U.S., are considering switching back to gasoline cars due to dissatisfaction with charging infrastructure and battery p
US Inflation Up Slightly in June as Consumer Spending Slows Down Amid Declining Income Growth
U.S. inflation in June ticked up slightly to 2.5% annually, while consumer spending cooled, prompting expectations that the Federal Reserve may cut interest rates in September.
Walmart Eyes $200 Million Investment in Autonomous Forklifts
Walmart is considering a $200 million investment in autonomous forklifts, joining their 'FoxBots,' to enhance warehouse efficiency and reduce labor costs.
Nissan Slashes Production of Rogue Crossover at Kyushu Plant Due to US Sales Decline
Nissan has cut production at its main Japanese plant by a third due to weak U.S. demand and struggles to compete with the demand for hybrid car models.
Murdoch Empire Family Feud Could Upend the Media Industry, Possibly End Fox News
Rupert Murdoch argues that his other children would likely neutralize his media empire's right-leaning views if they get control of the assets when he passes away.
Journalists of Australian Newspapers Begin Strike vs. Nine Network Hours Before Paris Olympics
Hundreds of newspaper journalists of Australian commercial media outlet Nine began its nationwide five-day strike to oppose a pay offer from company management while the media firm is set to broadcast
SpaceX Reveals Cause of Recent Falcon 9 Flight Failure, Looks to Return to Flight by July 27
SpaceX said that it identified and fixed the problem that caused a failure in its Falcon 9 rocket in a launch earlier this month after announcing it has filed a mishap report to the FAA.
Uber, Lyft Drivers Remain as Contractors After California Supreme Court Upheld Proposition 22
Under Prop 22, drivers for Uber and Lyft are not entitled to benefits such as overtime pay and paid sick leave.
Manhattan Gemstone Dealer Charged for Diamond Fraud
Manhattan-based diamond dealer Manashe Sezanayev has been charged for alleged fraudulent practices against fellow jewelry merchants.
Taco Bell Will Give away Freebies and Stanley Cups for Baja Blast’s 20th Anniversary Celebration
Taco Bell's Bajaversary celebration will kick off on July 29 with a free drink offer to all customers.
Maersk Agrees to Settlement with US Labor Department After Firing Whistleblower
Maersk Line agreed to a settlement offered by the US Labor Department in relation to an alleged retaliatory termination of a container ship seaman who revealed questionable practices and potential saf
Albertsons, Kroger Pauses Planned $25 Billion Merger Pending a Ruling in a Colorado Court Lawsuit
The lawsuit argued that the merger would eliminate the existing competition between the supermarket chains and harm shoppers and workers in Colorado.
