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The Latest Breaking News on Business

Trump judge gives right big labor win

Conservative legal movement scored a major victory Tuesday as Trump-appointed judge heads off NLRB proceedings

Salon

DOT grants conditional approval for Alaska-Hawaiian airlines merger

The merger between Alaska, the fifth-largest domestic U.S. airline, and Hawaiian, the 10th-largest carrier will bring together a 360-airplane fleet serving over 130 destinations.

International Business Times

Tupperware Brands Files For Bankruptcy

Tupperware Brands and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, the food container firm said in a statement.

International Business Times

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Asian Markets Fluctuate On Uncertainty Over Fed Rate Plan

Asian markets swung between gains and losses Wednesday as traders tried to ascertain how big an expected Federal Reserve interest rate cut would be later in the day, while the dollar held gains against the yen after forecast-beating US data.

International Business Times

Intel's stock price surged 6% today (here is why)

Intel stock rallied after its latest plan.

The Street

Boeing delivers hard-nosed message to employees amid strike

Boeing has just informed employees that there will be some tough changes at the company while it faces a strike from workers.

The Street

Distressed shipping company files Chapter 7 bankruptcy liquidation

California-based trucking company files Chapter 7 bankruptcy to liquidate its assets after shutting down operations.

The Street

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Fuel industry software hit by data leak, IDs and Drivers Licenses exposed

A company was keeping sensitive data exposed, but we don't know if hackers found it.

TechRadar

Boeing, Union Resume Talks As Strike Empties Seattle Plants

Negotiators from Boeing and the machinists union representing its workers resumed talks Tuesday after some 33,000 employees went on strike late last week, effectively shutting down two Seattle-area factories.

International Business Times

'A death spiral of its own making': Boeing halts hiring, raises, and non-essential travel after thousands of workers walk off the job

No word on whether that means the CEO's private jet is still allowed.

Fortune

Bottom 100 Stocks to Buy: Is Hertz Global Holdings Ready for a Second Trip to Chapter 11?

Hertz Global Holdings jumped onto the Barchart Bottom 100 Stocks to Buy in Monday, trading in the 72nd position. Down 66% year-to-date, is the car rental company ready for Chapter 11? Or is it a value play? Here’s a look at both arguments.

Barchart

How Is Diamondback Energy’s Stock Performance Compared to Other Oil & Gas E&P Stocks?

Diamondback Energy has outperformed the oil and gas E&P industry over the past year, and analysts are highly optimistic about the stock’s prospects.

Barchart

Is FirstEnergy Stock Underperforming the S&P 500?

FirstEnergy has underperformed the S&P 500 over the past year, yet investors remain moderately bullish about the stock’s prospects.

Barchart

Cobb Tuning Fined Millions by EPA Over Emissions Defeat Devices

The tuner company will pay a $2.9 million fine. It will stop selling and buy back defeat devices that don't comply with the Clean Air Act.

Motor1

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TechRadar

Tesla Supercharger expansion has reportedly slowed significantly – and that’s bad news for all EV owners

The expansion of the Tesla Supercharger network is slowing down amid recent staff layoffs, which isn't great news for all those new cars fitted with the NACS port.

MusicRadar

Ex-Ticketmaster boss who illegally accessed rival’s IT system sentenced to a year’s supervised release

Ticketmaster boss sentence for hacking into rival's IT system

The Street

Retail sales gains may test bets on big Fed rate cut

Summer spending held up well despite a cooling labor market, suggesting a resilient U.S. consumer heading into the autumn months.

International Business Times UK

Vanguard Says People Under 55 Are Making This $130K Mistake When Rolling Money Over From Their 401(k) To IRA

Most investors rolling over their 401(k) funds into an IRA are unaware that the money sits as idle cash until actively invested in stocks and bonds.

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news in one place.

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International Business Times

Stellantis Faces Unfair Labor Practice Charges From UAW

The UAW union said it filed the charges with the National Labor Relations Board against Stellantis, claiming that the company unlawfully withheld details about plans to move Dodge Durango production from a Detroit factory to one in Canada, according to a report.

International Business Times

Boeing Mulls Temporary Furloughs As It Cut Costs Amid Strike, Credit Rating Woes

Due to a labor dispute, Boeing places travel limits, hiring freezes, and furloughs since its credit rating is at risk after $33 billion in losses since 2019.

International Business Times

Charter Rolls Out Cheaper Internet Plans To Enhance Customer Loyalty

Charter's CEO, Chris Winfrey, expressed his desire for customers to associate reliability and credibility with their cable and broadband provider. He further said that the company is rolling out changes that would help in achieving this goal.

International Business Times

Intel Signs AI Chip Deal With Amazon, To Split Foundry Business As Separate Subsidiary

Intel closed a deal with Amazon to manufacture AI chips for the e-commerce company.

TechRadar

New PS6 report claims AMD will be designing the console's chip

AMD allegedly secures the next generation of PlayStation hardware over Intel, according to a Reuters report.

The Guardian - US

Amazon mandates five days a week in office starting next year

Andy Jassy, the CEO, said in note to employees that new requirement will ‘strengthen our culture’

The Guardian - UK

Brexit deal ‘stifling’ UK-EU trade; markets rally ahead of interest rate decisions – as it happened

EU-UK trade deal continues to hurt trade with 27% drop in exports since 2021 reports Aston University

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