Tag Archives: MoneyWatch

Flight attendants at United and Southwest airlines on Tuesday staged protests at airports across the U.S. to draw attention to chaotic scheduling and other workplace woes.  Airline employees picketed in 15 airports in cities and territories including Atlanta, Boston, Chicago, Cleveland, Denver, Houston, Las Vegas, London, Los Angeles, Newark, Phoenix …

Bed Bath & Beyond shares continue to slump on news that the retailer is closing stores nationwide. The stock fell nearly 1% on Monday to $7.95, down sharply from $15 at the beginning of the year.  Last month, Bed Bath & Beyond announced it would close 150 of its roughly 1,000 stores in …

Truth Social, the social media platform backed by former president Donald Trump, aims to provide an “open, free and honest global conversation.” But one place would-be users won’t be free to access the service is on Google’s Play store. The internet giant says it isn’t allowing downloads of the app due to …

When it comes to wage expectations, $20 is the new $15.  A tight labor market and high inflation are causing jobs seekers to look for higher wages, search data show. The share of workers searching for open positions with pay of at least $20 an hour soared 36% in August …

With workers around the U.S. moving to unionize at a rate not seen in decades, employees at a GE plant in Alabama are the latest to file for union representation. Manufacturing workers at the GE Aviation plant in Auburn, Alabama, filed on Monday to be represented by the IUE-CWA. The union said …

U.S. airlines canceled or delayed thousands of flights over the weekend as bad weather and staffing shortages add up to more frustration for passengers. More than 7,000 domestic flights were delayed and about 650 were canceled on Saturday, according to FlightAware data. On Sunday, an additional 8,100 flights were delayed …

Goldman Sachs said its credit card unit is under investigation by the Consumer Financial Protection Bureau, a federal agency tasked with protecting Americans from financial abuse. In a securities filing on Thursday, Goldman said the CFPB is examining a number of the company’s credit card account management practices, including refunds, …

This Halloween may bring more tricks than treats, with candy maker Hershey warning on Thursday that it won’t be able to meet consumer demand for the October 31 holiday.  CEO Michele Buck warned about the potential shortfall on the company’s second-quarter earnings call, noting that while seasonal consumer demand remains …

E-commerce giant Amazon announced Thursday it will acquire primary health care organization One Medical in a deal valued at roughly $3.9 billion, marking another expansion for the retailer into health care services. Amazon said in a statement it will acquire One Medical for $18 per share in an all-cash transaction. Outside of …

The euro has fallen below the U.S. dollar in value for the first time in 20 years, with the Eurozone currency slipping a few hundredths of a cent below the U.S. dollar on Wednesday afternoon. The euro fell as low as $0.9998 against the dollar on Wednesday, according to Reuters …