The United Auto Workers said late Friday that Volkswagen employees in Chattanooga, Tennessee, have overwhelmingly voted to join the union — marking a major milestone for the labor organization and its first successful organizing drive of …
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Business
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The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%, the highest level since mid-November …
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Unionization at Disneyland may no longer be a fairytale, as a majority of approximately 1,700 parades and characters cast members have filed with the NLRB for union representation. According to a statement from the Actors’ …
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The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%, the highest level since mid-November …
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Business
How In-N-Out Burger’s president runs her fast-food empire: Keep it simple, affordable and close
by adminIn-N-Out isn’t your typical burger joint, and it insists expanding its footprint won’t change that. For nearly eight decades, the West Coast restaurant chain has remained a private, family-owned company that has cultivated fiercely loyal …
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Tesla said Wednesday it will ask shareholders to reinstate CEO Elon Musk’s $56 billion pay package, which a Delaware judge voided earlier this year after ruling that the record-setting compensation deal was “deeply flawed.” Tesla also said it …
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Business
FAA lifts temporary groundstop of Alaska Airlines flights after technical issue is resolved
by adminThe Federal Aviation Administration lifted a ground stop for all Alaska Airlines flights Wednesday after grounding the planes earlier as a result of a computer problem at the carrier. The Seattle-based airline said in a …
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Companies often see their stock price jump after announcing job cuts, as Wall Street rallies around the prospects for improved efficiency and profits. But that’s not how investors treated the latest news out of Tesla. Shares …
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Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares were down 3% on Monday morning. “As we prepare the company for …
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Business
Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation
by adminFederal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank’s goal, pointing to the further unlikelihood that interest rate cuts are in the …