automakers. Auto workers typically go on strike when they feel they are not being fairly compensated or are facing unsafe working conditions. Strikes are also used as a form of protest when companies are suspected of violating labor laws or unions feel their bargaining rights are being infringed upon.
Delta has announced changes to its SkyMiles program that will make it harder to get access to airport lounges and earn elite status. The new rules will require customers to purchase higher fare ticket types in order to earn lounge access on certain flights and higher spending requirements to qualify for elite status. The changes […]
After more than four decades of involvement with Starbucks, Schultz has stepped down from the board of directors. Schultz served as executive chairman and CEO for a total of 24 years and, after leaving his office in 2018, remained on the company’s board. But now that he’s taken the plunge to pursue other endeavors, he’s […]
every year. This is because inflation causes the price of goods and services to increase, meaning that consumers must incur more debt in order to pay for those goods and services. As inflation increases, wages may not always keep up, leading to increased consumer debt. Additionally, rising levels of income inequality can also contribute to […]
across America Yes, McDonald’s has announced that it will gradually move away from self-service soda stations at all its restaurants across America. The move is in response to customer feedback requesting less contact points during their visits. McDonald’s is placing more emphasis on speed of service and the order accuracy with the touchless order system.
Disney has dropped all claims except for First Amendment protection in its political retaliation suit against Florida Gov. Ron DeSantis. The suit was initially filed in October 2020 after Disney suffered job and tax losses due to DeSantis’ retaliation against the company for its stance opposing Florida’s COVID-19 pandemic-related restrictions. DeSantis was accused of engaging […]
Small-business owners are feeling the impacts of the ongoing Salesforce platform outage, which has reportedly caused power outages in parts of the United States and Canada since April 2013. According to reports, this outage has prevented small businesses from accessing their Salesforce customer relationship management (CRM) system. Because most small businesses rely heavily on their […]
Mortgage demand in the U.S. fell to a 27-year low in March, despite record-low interest rates. According to the Mortgage Bankers Association, mortgage applications dropped 2.2% from a week earlier, with purchase applications falling a record 3.2%. The last time mortgage applications were this low was in 1993, when mortgage interest rates were much higher. […]
Walgreens Boots Alliance (WBA) CEO Roz Brewer stepped down from her role on Thursday, February 18, 2021, after more than two years in the role. Brewer assumed the role of CEO and a seat on the company’s board of directors in October 2018. She had previously served as chief operating officer of WBA and spent […]
The U.S. economy added 187,000 jobs in August, according to the latest figures from the Labor Department. This was higher than the expectations from economists who had predicted an increase of about 164,000 jobs. The job gains were seen in professional and business services, health care, wholesale trade, transportation and warehousing, and mining. The unemployment […]