American Airlines ending service in three cities due to pilot shortage
American Airlines is cutting service at three airports, two in New York and one in Ohio, this fall. It has become the latest carrier to respond to the industry-wide shortage of pilots.
Odds of US economy sliding into recession next year jumps to 40%, Bank of America says
The U.S. economy could slide into a recession next year, according to Bank of America strategists, as the Federal Reserve ramps up its inflation battle with more rate hikes.
Elon Musk questions whether TikTok is 'destroying civilization'
The billionaire's tweet follows a report that alleges employees at Tiktok's Chinese parent company Bytedance repeatedly accessed U.S. users' private data.
Starbucks North America head leaves amid unionization votes, allegations of retaliation
Rossann Williams, head of Starbucks' North American operations, will be leaving the company later this month, amid more workers pushing to unionize.
Apple workers vote to unionize at Maryland store
Apple employees in Towson, Maryland voted by nearly a 2-to-1 margin to unionize
Walmart, Sam's Club hike wages for pharmacy technicians
Walmart and Sam's Club's new "progressive wage model' will add up to $4 per hour to pharmacy technicians' starting base pay over four years as the retailers look to become major industry players.
Hot sauce, tampon shortages lead growing list of out-of-stock items
Consumers are facing product shortages with items ranging from baby formula and tampons to hot sauce and wine. More of America’s favorite items may be added to the list in the near future.
Amazon CEO Jassy urges lawmakers to oppose antitrust legislation: Report
Amazon CEO Andy Jassy has reportedly been hitting the phones himself urging senators to oppose antitrust legislation aimed at reining in big tech firms. Other tech giants are also lobbying against the bill.
Walgreens, Kroger recalling pain reliever bottles over lack of child-resistant packaging
Consumers can contact Kroger and Walgreens for information on how to properly dispose of the recalled bottles and receive a full refund for the product they purchased.
Ford CFO flags increase in car loan delinquencies
Consumers falling behind on their car loan payments may be the next economic domino to fall as fears of a potential recession grow.
California utilities penalized $22M over 2020 power shutoffs
California utilities were penalized with more than $22 million in fines by the state's Public Utilities Commission on Wednesday. They have 30 days to pay up.
Elon Musk wants 1 billion Twitter users, aims to replicate China's 'WeChat' model
While Elon Musk’s gargantuan $44 billion bid to buy Twitter is in limbo, he still took the time to speak and take questions from the social media giant’s employees.
Uber to expand ride reservation feature at airports ahead of busy summer travel season
In the first quarter of 2022, airport bookings represented 13% of Uber's gross mobility bookings, up 166% year over year and 15% versus pre-pandemic.
McDonald's pays 1.2B Euros in French tax evasion settlement
McDonald's will pay a $1.3 billion settlement to the French government to avoid court proceedings regarding tax evasion charges, the company announced Thursday.
Thursday's trading: 5 things to know
Here are the key events taking place on Thursday that could impact trading including Elon Musk's Twitter meeting and jobless claims.
Disney delays moving 2,000 jobs to Florida amid fight with DeSantis
Walt Disney Co. is delaying a relocation of about 2,000 employees to Florida due to construction delays, but some say the move is related to a political dispute with Gov. Ron DeSantis.
Disney offering private jet travel packages to parks for $110,000
Disney Parks Around the World's bookings will open to the public on June 28, 2022. The first flight will take off on July 9, 2023.
Ford to recall 2.9M vehicles over gear problem
A malfunctioning or missing shifter cable can cause the vehicle to improperly shift gears and possibly roll despite being parked.
Ford recalling 49,000 electric Mustang Mach-E SUVs due to power loss problem
Ford is recalling nearly 49,000 Mustang Mach-E SUVs due to a battery connector that can overheat after the use of a high voltage charger or repeated acceleration.
China competition bill in Congress gets support from more than 100 CEOs
Tech company CEOs urged Congress to pass legislation to add federal funding expanding US semiconductor manufacturing to boost US competitiveness against China.


















