Business & Markets
Business & Markets | LATEST STORIES
Supreme Court Sides With Starbucks in Labor Dispute With Union Activists
Justices find that a federal union board must follow the normal rules when seeking a preliminary injunction.
Wizz Air Rated Worst Airline for Delays in the UK
Data also revealed that British Airways recorded longer average delays than both EasyJet and Ryanair in 2023.
Judge Rejects Tesla’s Request to Dismiss California’s Lawsuit Claiming False Advertising
The state sued over ads saying the company’s vehicles were ‘equipped’ or ‘partially equipped’ with autopilot. Tesla called the suit an attack on free speech.
CEO Testifies Amtrak Has Never Returned a Profit, Hopes to Break Even by End of Decade
Stephen Gardner says the pandemic pushed Amtrak’s financial progress back several years, but May was the most profitable month in company history.
Fed Keeps Rates Unchanged, Signals 1 Rate Cut This Year
Fed policymakers say ’there has been modest further progress’ toward restoring price stability.
GM Cuts Down Electric Vehicle Output, Citing Low Demand
The company ended production of its top-selling Chevy Bolt EV last year because GM ‘couldn’t make any money selling them,’ said an executive.
Federal Budget Deficit Increases by $38 Billion to $1.2 Trillion: Congressional Report
‘Spending this year is now anticipated to be greater than previously projected,’ according to the Congressional Budget Office report.
Appeals Court Upholds California Gig Work Law, Dealing Blow to Uber
The measure reclassified many contract or freelance workers to employees, thus allowing them to receive benefits.
Oil Company Withdraws From Giant North Sea Project Over ‘Negative Political Rhetoric’
‘Deteriorating sentiment towards the oil and gas industry’ has overshadowed Pensacola, the largest natural gas discovery in the North Sea in a decade.
