Latest on the UAW strike At midnight, the United Auto Workers union officially went on strike against the Big Three automakers. Members walked out at three plants: a GM site in Wentzville, Missouri; a Stellantis…
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Business
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The United Auto Workers’ standoff with the “Big Three” U.S. automakers — General Motors, Ford and Chrysler maker Stellantis — isn’t all about money, but much of it is. With up to 146,000 workers threatening…
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Many of the core issues in the labor dispute between the United Auto Workers and the Big Three U.S. automakers are familiar: salary increases, sick days and pay grades. But lurking in the background is…
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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 into the carrier’s airport lounges, the latest reality check for air travel’s era…
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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 to steward Starbucks into the future as a customer, supporter and advocate…
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Payments to Social Security recipients may increase a bit more than expected in 2024, but an advocacy group says they’ll still fall short of what retirees need. The Senior Citizens League said Wednesday that the…
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Prices for U.S. consumers grew 3.7% in August compared to a year ago as gasoline prices spiked, according to the Bureau of Labor Statistics. Inflation was about equal to expert projections, and prices rose at…
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A combination of inflation and climbing interest rates seems to be stretching consumers’ balance sheets, but it’s not clear yet whether they’re getting to a breaking point. Newly released data from WalletHub says U.S. consumers…
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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 would allow millions of Charter cable customers to watch the game, CNBC’s…
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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 of Smucker’s stock for each share of Hostess that they owned. Smucker…