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STOCK MARKETS

Delta says Hollywood and auto strikes are denting business travel

Delta Air Lines is feeling the impact of two major strikes involving Hollywood and the auto industry. The airline has noted in its quarterly reports a decline in business travel from both sectors due to the ongoing labor disputes. The impacts were felt most acutely in the third quarter, when revenues in the company’s business […]

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STOCK MARKETS

UAW says it’s expanding strike to include major Ford truck plant in Kentucky

The United Auto Workers (UAW) have said they are expanding their nationwide strike with General Motors to include a major Ford truck plant in Kentucky. The Louisville Assembly Plant, Ford’s most profitable truck plant, builds the F-250 and F-350 Super Duty models. The UAW said it is taking this step to protect workers’ rights. Ford […]

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STOCK MARKETS

Supreme Court declines to hear case challenging FDA authority to reject flavored e-cigarettes

On June 29th, 2020, the Supreme Court declined to hear a case that sought to challenge the FDA’s authority to reject flavored e-cigarettes. The case was brought by makers of the flavored products, who argued that FDA regulations were out of step with the law. The Court’s decision not to take the case will allow […]

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STOCK MARKETS

‘Kill us or send us home’: Workers at Amazon in Saudi Arabia say recruiters exploited them

Workers recruited from India and Bangladesh to work at Amazon warehouses in Saudi Arabia say their rights have been violated and exploited by recruiters. In many cases, workers say they are forced to work 12-hour shifts with no days off. The workers’ salaries are sometimes delayed or go unpaid. Others report hazardous working conditions and […]

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STOCK MARKETS

Mack Trucks employees go on strike after rejecting contract

offer On October 2nd, 2020, the members of United Auto Workers Local 677 in Allentown, Pennsylvania, representing 1,100 Mack Trucks employees, voted overwhelmingly to reject a contract offer and go on strike. The contract offer was negotiated between Mack management and UAW leadership, both of which have agreed to resume talks and negotiation. Union members […]

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STOCK MARKETS

Cyberattack cost MGM Resorts about $100 million, Las Vegas company says

MGM Resorts International said it was the victim of a malicious cyberattack in 2020 that cost the company an estimated $100 million in losses. The multinational hospitality and entertainment company, based in Las Vegas, revealed the attack in a statement after journalists at Bloomberg reported on the breach. The news of the attack comes less […]

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STOCK MARKETS

Weeks into the Covid booster rollout, parents of young children say the shots are scarce

It has been several weeks since the Covid booster rollout began, and parents of young children are expressing frustration over the lack of vaccine options for their children. Many states and local health authorities have limited booster shots to those age 12 and older, leaving young children and their adult caregivers in a bind. Many […]

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STOCK MARKETS

A government shutdown could really stress out the air travel system — and its passengers

. A government shutdown could mean that the Federal Aviation Administration is not fully functioning, which could delay flights due to lack of personnel. Essential personnel like air traffic controllers may still be available, though their paychecks might be delayed. The TSA could also be impacted, meaning delays and more scrutiny at the security checkpoint. […]