A new three-year labor deal between Hollywood’s actors and its film and TV studios could be made official within days, but not without vocal criticism that has stoked expectations of…
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Alaska Airlines has agreed to acquire its rival Hawaiian Airlines in a deal valued at about $1.9 billion, as the companies make a push to expand along the West Coast. The purchase values…
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Pending home sales drop to a record low, even worse than during the financial crisis
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Pending home sales, a measure of signed contracts on existing homes, dropped 1.5% in October from September. They hit the lowest level since the National Association of Realtors began tracking this metric…
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Cut from projects, dropped by agents: How the Israel-Hamas war is dividing Hollywood
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The entertainment industry is grappling with how to talk about the war between Israel and Hamas nearly two months after it erupted. Some in Hollywood say they’re being silenced for…
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Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
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Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it too early to declare victory over inflation. Despite a string of positive…
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Red Lobster says unlimited shrimp promotion was too popular and too cheap
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Red Lobster’s parent company, Thai Union Group, disclosed earlier this month that the seafood chain took an unexpectedly large loss in the third quarter of the year because its $20…
Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chain, data seen by…
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Poorer areas see the bulk of clean energy funds from Biden’s landmark climate law
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President Joe Biden’s landmark climate law is driving outsized clean energy funding into low-income, less-educated and fossil fuel towns, according to a new analysis the Treasury Department released Wednesday. An…
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Thousands of autoworkers at Toyota, Honda and others move to unionize after UAW victory over the Big Three
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The United Auto Workers union said Wednesday it is trying to unionize employees at 13 companies that build cars in the U.S. The union said the simultaneous push covers BMW,…
Sleep through Black Friday and Cyber Monday? Don’t worry. While the two post-Thanksgiving sales days featured plenty of discounts, retailers are still pushing to lure in shoppers all through December.…