Members of the United Auto Workers union recently organized a rally and picket near a Stellantis plant in Detroit on August 23, 2023. This is just one example of workers across various industries taking a strong stance and demanding higher pay and improved quality of life. The COVID-19 pandemic, along with increased company profits, inflation, …
Image credit: Andia | Universal Images Group | Getty Images The in-flight experience often leads to conflict among airline passengers, whether it’s over reclining seats, seat switching requests, or battles for space in the overhead cabin. However, now there is a more civilized way for passengers to compete with each other on many international air …
David Paul Morris | Bloomberg | Getty Images UPS workers have unanimously ratified a five-year labor contract that brings significant wage increases and various enhancements to work rules and schedules, as announced by the International Brotherhood of Teamsters on Tuesday. The contract vote received an 86.3% approval, marking the highest ever recorded in Teamsters history …
A Dick’s Sporting Goods store in Niles, Illinois, May 20, 2014. Getty Images Check out the companies making headlines in midday trading. Dick’s Sporting Goods — The retail stock plummeted nearly 24% following a rare earnings miss and a downward revision of its guidance for the year. The decline was partly attributed to an increase …
An American Airlines plane takes off from the Miami International Airport on May 02, 2023 in Miami, Florida. Joe Raedle | Getty Images American Airlines pilots have successfully ratified an enhanced labor deal, solidifying an agreement with the airline’s highest-paid work group. This makes American Airlines the second major U.S. airline to secure a new …
Passengers at Kahului Airport (OGG) in Hawaii found themselves stranded after wildfires ravaged Maui, resulting in the cancellation and delay of flights. In response, airlines like American Airlines, Southwest Airlines, Hawaiian Airlines, and Alaska Airlines quickly added additional flights to evacuate travelers from the island. Ed Sniffen, the state’s transportation director, reported that over 11,000 …
Shoppers visiting Brickell City Centre in Miami, Florida on June 14, 2023, may have noticed a shift in the way companies are offering customer rewards. Airlines, retailers, and even companies like Dunkin’ and Sephora have become stingier with their perks, making it harder for customers to earn elite status, tightening return policies, and cracking down …
The Rivian brand is proudly displayed on their cutting-edge electric SUVs in San Diego, U.S., December 16, 2022. Mike Blake | Reuters Discover the intriguing stories of these standout companies during midday trading. Toyota Motor — Shares soar by 1.7%, hitting a new 52-week high, following the report of impressive revenue results in the first …
A Jet Blue aircraft takes off from Long Beach Airport in Long Beach, CA. Tim Rue | Bloomberg | Getty Images JetBlue Airways has revised its 2023 outlook and issued a warning about a potential loss in the current quarter. The airline attributes these challenges to increased international travel and the termination of its partnership …
Scott Olson | Getty Images The Covid-19 pandemic provided a boost to U.S. airlines with sky-high airfare. However, airline executives are now witnessing a decrease in domestic fares as carriers expand their schedules and customers choose trips abroad instead of popular destinations that were closer during the pandemic. Related investing news Southwest Airlines, Alaska Airlines …