Coca-Cola’s stock has fallen 15% this year, dragging its market value down to about $234 billion.
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UAW expands strike to Stellantis pickup truck plant in Michigan
The work stoppage marks the first escalation in the union’s strike in nearly two weeks and the first new work stoppage at Stellantis in over […]
Continue readingAlaska Airlines flight diverts after ‘security threat’ tied to authorized occupant in cockpit
The flight operated by an Alaska Airlines subsidiary bound for San Francisco diverted to Portland after the threat.
Continue readingNetflix aims to ‘crawl, walk, run’ when it comes to video games. It’s still crawling
Netflix aims to ‘crawl, walk, run’ in its gaming push, but as subscribers largely ignore the growing games library, analysts remain skeptical of the move.
Continue readingTaylor Swift Eras Tour concert film adds $31 million to domestic tally in week two
Taylor Swift’s Eras Tour concert film snared $31 million during its second weekend in theaters, the most of any concert film at the domestic box […]
Continue readingParamount’s Shari Redstone is open for business, but business may not be open for her
Paramount Global controlling shareholder Shari Redstone is open to doing a transformative deal, but market conditions are making it very difficult.
Continue readingGM and Ford will answer to Wall Street and the UAW with third-quarter earnings this week
GM and Ford report third-quarter earnings and future guidance this week amid ongoing strikes and contract negotiations with the United Auto Workers union.
Continue readingThe housing market was already painful, ugly and anxious. Now the 8% mortgage rate is back
Prices are high, supply is tight and rates are surging. The housing market is scaring off both buyers and sellers.
Continue readingAirport lounges are booming, and everyone wants in
Delta and American Express have put new restrictions on lounge access to avoid overcrowding.
Continue readingUAW says ‘more to be won’ despite record offers from automakers; declines to expand strikes
General Motors, Ford Motor and Stellantis have offered proposals that include 23% hourly pay increases during the terms of the four and a half-year deal.
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