Business

Alaska Airlines flight attendants have made the bold decision to reject a new labor deal that would have provided substantial raises. The proposed deal included an immediate average raise of over 24%, with additional benefits such as boarding pay and back pay. This rejection has set the stage for further negotiations between the union and
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Home Depot, like many other businesses, is closely monitoring the Federal Reserve’s decisions regarding interest rates. Chief Financial Officer Richard McPhail highlighted that homeowners are postponing major projects due to higher interest rates. This delay has been further exacerbated by speculations of an interest rate cut. Homeowners are hesitant to borrow for projects now, opting
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General Motors recently introduced the redesigned versions of its entry-level GMC Terrain crossover, showcasing a sleek and rugged exterior design. One of the most significant upgrades is the addition of a new standard “Elevation” model, which aims to elevate the driving experience for consumers. The interior of the compact crossover has also been revamped to
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In recent months, restaurant CEOs have been placing a heavy emphasis on the word “value” when discussing their sales performance with investors. The concept of value has become crucial as prices for food away from home have increased significantly since 2019. This rise in prices has led to a decline in restaurant traffic and sales,
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Ever since the merger of Discovery with WarnerMedia in 2022, David Zaslav, the Chief Executive Officer of Warner Bros. Discovery, has been under immense pressure to turn the company’s fortunes around. The immediate cost-cutting measures implemented after the merger did not sit well with shareholders, and the company’s shares have plummeted by 70% since the
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