Business

Federal Reserve set to make interest rate decision amid cooling inflation

Wednesday, December 13 by ABC News

(WASHINGTON) -- The Federal Reserve will announce an interest rate decision on Wednesday, unveiling its latest policy move amid a near-historic series of rate hikes deployed to fight inflation.That string of rate increases has coincided with a cooldown of inflation but also has elevated... Read More.

Inflation cooled slightly in November, easing pressure on Fed

Tuesday, December 12 by ABC News

(WASHINGTON) -- Consumer prices rose 3.1% in November compared to a year ago, cooling slightly from the previous month and indicating progress in the fight to reduce inflation, a report from the Bureau of Labor Statistics released on Tuesday showed.The fresh data arrives a... Read More.

Inflation expected to have cooled in November, easing pressure on Fed

Tuesday, December 12 by ABC News

(WASHINGTON) -- Washington, D.C. and Wall Street will closely watch the release of inflation data on Tuesday that's set to show whether price hikes continued their cooldown in November or defied further progress.The fresh data will arrive a day before the Federal Reserve decides... Read More.

GE completes testing sustainable aviation fuel on 10th aircraft engine model

Monday, December 11 by ABC News

(NEW YORK) -- GE Aerospace is taking another step towards its commitment to sustainable flights, completing testing with sustainable aviation fuel (SAF) on its 10th aircraft engine model.The company announced Monday its finished testing with 100% SAF on 10 aircraft engine models. Currently, GE... Read More.

Inside an alleged Amazon union-busting campaign in Kentucky: ‘They want to scare us’

Friday, December 8 by ABC News

(HEBRON, Ky.) -- Two months after Rubi Gomez began working at an Amazon facility in Kentucky, she woke up to a barrage of frantic text messages from her coworkers, she said."They were the kind of messages you would get if somebody was in a... Read More.

DoorDash, delivery apps remove tipping prompt at checkout in NYC

Thursday, December 7 by ABC News

(NEW YORK) -- DoorDash and Uber Eats issued statements this week announcing changes to their respective tipping policies in response to a new minimum wage increase for app-based food delivery workers in New York City.Earlier this fall, the New York State Supreme Court ruled... Read More.

Panera Bread faces second wrongful death suit from caffeinated ‘charged lemonade’

Wednesday, December 6 by ABC News

(NEW YORK) -- Panera Bread is at the center of another wrongful death lawsuit after a Florida family claimed the restaurant's caffeinated lemonade drink caused Dennis Brown to go into cardiac arrest.The popular fast-casual chain issued warnings in late October and added signage on... Read More.

SAG-AFTRA members vote to ratify three-year contract with studios

Wednesday, December 6 by ABC News

(LOS ANGELES) -- SAG-AFTRA members voted to ratify the deal that successfully ended the historic 118-day strike, the union announced on Tuesday.The contract was approved with 78% voting in favor of the deal. SAG-AFTRA didn't reveal the exact number of members who voted but... Read More.

Spotify to cut 17% of workforce, CEO says

Monday, December 4 by ABC News

(NEW YORK) -- Spotify plans to cut about 17% of its staff, CEO Daniel Ek said Monday."To be blunt, many smart, talented and hard-working people will be departing us," Ek said in a note to staff posted on the company's website.The layoffs at the... Read More.

Alaska Airlines to acquire Hawaiian Airlines for $1.9 billion

Sunday, December 3 by ABC News

(NEW YORK) -- Alaska Airlines will acquire Hawaiian Airlines for $1.9 billion, their CEOs announced.Although the two companies will be merged, they will continue to operate under their current names indefinitely.As a combined airline, Alaska Airlines will serve 138 destinations, expanding "access throughout the Pacific... Read More.

Cyberattack caused ‘temporary disruption’ to Staples online ordering

Friday, December 1 by ABC News

(NEW YORK) -- Office retail company Staples was hit with a cyberattack, the company announced in a post on their website Thursday.The cyberattack "caused temporary disruption to the staples.com processing and delivering capabilities, as well as to our communications channels and customer service lines,"... Read More.

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Federal Reserve set to make interest rate decision amid cooling inflation

Inflation cooled slightly in November, easing pressure on Fed

Inflation expected to have cooled in November, easing pressure on Fed

GE completes testing sustainable aviation fuel on 10th aircraft engine model

Inside an alleged Amazon union-busting campaign in Kentucky: ‘They want to scare us’

DoorDash, delivery apps remove tipping prompt at checkout in NYC

Panera Bread faces second wrongful death suit from caffeinated ‘charged lemonade’

SAG-AFTRA members vote to ratify three-year contract with studios

What to know about McDonald’s new changes to classic menu items

Spotify to cut 17% of workforce, CEO says

Alaska Airlines to acquire Hawaiian Airlines for $1.9 billion

Cyberattack caused ‘temporary disruption’ to Staples online ordering

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