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  • [ November 30, 2023 ] UAW launches union campaigns at Tesla, 12 other automakers in the U.S. Business
  • [ November 29, 2023 ] Major League Pickleball asks players to take 40% pay cut on the back of rapid growth Retail
  • [ November 29, 2023 ] Spirit Airlines offers buyouts to salaried employees to cut costs Business
  • [ November 29, 2023 ] Here’s what it would take for the Fed to start slashing interest rates in 2024 Economy
  • [ November 29, 2023 ] Salesforce shares jump on better-than-expected earnings report Earnings
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Detroit automakers take market share as consumers flock to pickup trucks amid coronavirus outbreak

April 2, 2020 admin 0

Hits: 12J.D. Power reports that the combined share of General Motors, Ford Motor and Fiat Chrysler was 51% to end last week – the highest level for a week since 2006. Source

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Worst yet to come as coronavirus takes its toll on auto sales

April 2, 2020 admin 0

Hits: 11The coronavirus, led by stay-at-home regulations, brought U.S. vehicle sales to a grinding halt in many areas of the country and the worst is still yet to come, according to industry officials. Source

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Flight attendants say government stakes in airlines in exchange for grants could cost jobs

April 1, 2020 admin 0

Hits: 8Flight attendants told the Treasury secretary that equity stakes in airlines could make $25 billion in payroll grants less attractive and cost them their jobs. Source

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With strikes and a ‘sick out,’ some grocery and delivery workers take defiant stance: One-time bonuses, temporary pay hikes aren’t enough

April 1, 2020 admin 0

Hits: 8Grocery employees at Whole Foods, Instacart and Trader Joe’s are calling on their companies to do more to protect workers. Source

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California Health Corps site scored 25,000 sign-ups in its first day, Governor Newsom says

March 31, 2020 admin 0

Hits: 27According to models used by the state, California Governor Gavin Newsom said he expects the COVID-19 outbreak to peak there some time in May 2020. To fight the pandemic, the state has asked licensed […]

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Airlines receiving coronavirus aid will be allowed to consolidate routes into fewer airports

March 31, 2020 admin 0

Hits: 25The U.S. Department of Transportation will allow airlines to consolidate some of their service into a single airport to receive aid. Source

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Largest US mall owner, Simon Property, furloughs 30% of workforce, adding to avalanche of coronavirus-related retail layoffs

March 31, 2020 admin 0

Hits: 14The biggest U.S. mall owner, Simon Property Group, has furloughed about 30% of its workforce as the company copes with all of its properties being temporarily shut because of the coronavirus pandemic. Source

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Ford, GE plan to produce 50,000 ventilators in 100 days

March 30, 2020 admin 0

Hits: 6Ford Motor and GE Healthcare plan to produce 50,000 ventilators within the next 100 days at a facility in Michigan amid the coronavirus pandemic. Source

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Airline workers might not be cut but in coronavirus travel collapse their paychecks will be smaller

March 30, 2020 admin 0

Hits: 12Airline workers are seeing fewer hours than they normally would have as airlines reduce flying to match the coronavirus travel slump Source

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New York coronavirus: Gov. Cuomo welcomes USNS Comfort to NYC

March 30, 2020 admin 0

Hits: 11New York Gov. Andrew Cuomo has repeatedly warned that the coronavirus epidemic in New York threatens to overwhelm the health-care system. Source

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  • UAW launches union campaigns at Tesla, 12 other automakers in the U.S.
  • Major League Pickleball asks players to take 40% pay cut on the back of rapid growth
  • Spirit Airlines offers buyouts to salaried employees to cut costs
  • Here’s what it would take for the Fed to start slashing interest rates in 2024
  • Salesforce shares jump on better-than-expected earnings report

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    Mortgage demand from homebuyers gets a boost as interest rates continue to fall

    Hits: 5 Ryan Ratliff (L), Real Estate Sales Associate with Re/Max Advance Realty, shows Ryan Paredes (R) and Ariadna Paredes a home for sale on April 20, 2023 in Cutler Bay, Florida.  Joe Raedle | [...]
  • Real Estate

    Home prices kept rising even as mortgage rates surged, S&P Case-Shiller says

    Hits: 4 A townhouse for sale in the Upper East Side neighborhood of NYC. Adam Jeffery | CNBC Higher mortgage rates appear to be doing very little to cool home prices. Nationally, prices were 3.9% [...]
  • Real Estate

    The looming office space real estate shortage. Yes, shortage

    Hits: 5 Visoot Uthairam | Moment | Getty Images There is more pain to come in the office real estate market across the U.S., with maturing debt needing to be refinanced and a wave of [...]
  • Real Estate

    Mortgage demand jumps to six-week high as interest rates continue to drop

    Hits: 9 Mortgage demand is finally crawling out of the basement as interest rates continue to move lower. Total application volume increased 3% last week from the previous week, according to the Mortgage Bankers Association’s [...]
  • Real Estate

    Home sales fell to a 13-year low in October as prices rose

    Hits: 10 Sales of previously owned homes were 4.1% lower in October compared with September, running at a seasonally adjusted annualized rate of 3.79 million units, according to the National Association of Realtors. It was [...]
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    Major League Pickleball asks players to take 40% pay cut on the back of rapid growth
    November 29, 2023 0
  • Spirit Airlines offers buyouts to salaried employees to cut costs
    November 29, 2023 0
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