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The Latest Breaking News on Business

American Airlines cuts some international flights from major U.S. airports next year — and blames Boeing

A number of new long-haul routes can’t go ahead as scheduled because Boeing’s 787 Dreamliner jets are delayed

The Independent UK

Walmart Forced A Million Workers To Use Bank Accounts With Expensive 'Junk Fees' To Receive Paychecks: Feds

The Consumer Financial Protection Bureau has filed a lawsuit against Walmart and financial services company Branch over employee accounts with expensive fees.

International Business Times

Walmart Forced a Million Workers to Use Bank Accounts with Expensive 'Junk Fees' to Receive Paycheck or Risk Losing Job: Lawsuit

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against U.S. retailer Walmart and financial services company Branch after it was reported that the former unlawfully opened Branch accounts with expensive deposit fees on behalf of its employees.

Latin Times

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Broadcom has no Interest in buying Intel: CEO says no one asked

Hock Tan dismisses an idea to acquire Intel, as Broadcom still has to devour VMware.

Tom’s Hardware

CFPB Sues Walmart And Branch Messenger Over Worker Pay Accounts

CFPB sues Walmart and Branch Messenger for forcing delivery workers into costly deposit accounts, resulting in excessive fees and delays. Legal action high...

Top News

Trump gets cozy with crypto

His expanding business connections raise questions over how the industry will be regulated, analysts say

Salon

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How Is Walgreens Boots Alliance's Stock Performance Compared to Other Retail Stocks?

Walgreens Boots Alliance has significantly underperformed other retail stocks over the past year and analysts remain cautious about the stock’s prospects.

Barchart

Is Conagra Brands Stock Underperforming the Nasdaq?

Conagra Brands has continued to underperform the Nasdaq Composite over the past several years and analysts remain cautious about the stock’s prospects.

Barchart

Google files proposal to counter DOJ plan to sell Chrome

Google delivered its own proposal to the DOJ's interest in it selling Chrome.

Android Central

Dollar Rallies on Higher T-note Yields

The dollar index (DXY00 ) on Monday rose by +0.44%, recovering some ground after last Friday's -0.73% decline. The dollar on Monday saw support from improved US interest rate differentials, with the 10-year T-note yield rising +6 bp. The dollar also saw support after Congress last Friday passed a stop-gap...

Barchart

Starbucks strike expands, closes nearly 60 US stores

A five-day strike by Starbucks baristas had closed at least 59 stores as of Monday afternoon, according to the union organizing the workers

The Independent UK

US Starbucks workers’ strike expands to 11 states as Christmas approaches

Walkouts have caused nearly 50 stores nationwide to close in five days, says Starbucks Workers United union

The Guardian - US

Another troubled retail chain files for Chapter 11 bankruptcy

The embattled home goods retailer files for Chapter 11 bankruptcy after a potential investor deal stalls.

The Street

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Fortune

One of the last affordable options in the housing crisis has seen prices soar faster than new homes, study says

The average sales price of new mobile homes, or manufactured homes, jumped 58.3% between 2018 and 2023, according to a new study.

Fortune

Starbucks' worker strike expands to a dozen major U.S. cities after employees say the chain offered an 'insulting economic package'

Your cup of joe will be harder to get as holiday shopping hours dwindle.

Barchart

Crude Prices Fall on Stronger US Dollar

January WTI crude oil (CLF25 ) today is down -0.67 (-0.95%), and January RBOB gasoline (RBF25 ) is down -0.0222 (-1.14%). Crude oil prices are trading lower today on a stronger dollar. In addition, oil prices were undercut by global political uncertainty after President-Elect Trump over the weekend threatened to...

Barchart

Dollar Rallies as US Government Shutdown is Averted

The dollar index (DXY00 ) today is up +0.58%, recovering some ground after its -0.73% decline seen last Friday. The dollar today is seeing support from improved US interest rate differentials, with the 10-year T-note yield up +4 bp. The dollar is also seeing support after Congress last Friday passed...

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Fortune

Many employers who mandated a RTO policy say office leases affected decisions to bring workers back

Companies say they want to increase worker collaboration productivity, but many leaders are also influenced by existing office leases.

Barchart

Is Kimco Realty Stock Underperforming the S&P 500?

Despite Kimco Realty’s recent underperformance relative to the S&P 500 Index, Wall Street analysts remain moderately optimistic about the stock’s prospects.

Al Jazeera

Nissan, Honda announce merger, creating world’s third-largest carmaker

Plans, which include Mitsubishi, announced as Japan tries to gain foothold in electric vehicle market.

Reason

Joe Biden Once Understood Why Tariffs Are Bad. Then He Got Trade Policy Amnesia.

Despite campaigning against Donald Trump's tariff hikes, Biden left many of them in place.

Fortune

Resume gaps aren't the job killer they used to be but applicants still need to get smart about explaining their time away from the workforce

In interviews, job seekers with career breaks should be ready to explain the white space.

Barchart

Albemarle Stock: Is ALB Underperforming the Materials Sector?

Amid challenging market conditions, Albemarle has observed a notable drop in revenues and earnings, underperforming the materials sector over the past year. However, analysts remain optimistic about the stock's prospects.

International Business Times

'It's Vaporware': Crypto Users Troll Tether's $775M Bet On Rumble

Crypto users blasted Tether over the weekend after it invested $775 million into Rumble, with many saying it might have been a bad deal for Rumble due to business allegations around the $USDT issuer.

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