Browsing: business

Major U.S. pharmacy chain Rite Aid says it has obtained $3.45 billion in fresh financing as it carries out a restructuring plan. …

The spike is not yet showing up at the pump, but fears of a regional conflict are driving up key crude benchmarks. …

The union said it launched the surprise strike after failing to make progress in negotiations with the iconic automaker. …

The union’s president called it a major step in a “just transition” for workers toward electric vehicle manufacturing. …

A small airline has taken roughly 80 former pilots to court over training debts. In interviews, many cited safety concerns as the reason they left….

As more U.S. households turn to streaming and distributors have less incentive to remain in the business, the industry is in for a shake-up. …

The suit is part of a larger battle between the dinner theater chain and the union, which is pushing for higher pay and safety standards….

The union’s president called on more workers to walk out at Ford and General Motors, but cited progress at Stellantis. …

The union’s president said Ford had made “good progress” in talks, but at GM and Stellantis “it’s a different story.” …

Falling real wages and high corporate profits have fomented militancy on the picket lines at Ford, GM and Stellantis. …

The targeted walkouts are aimed at throwing the ‘Big 3’ off balance as the union battles for new contracts. …

Rather than strike all facilities at once, the union’s president said they would wage strategic walkouts at Ford, GM and Stellantis if they don’t reach…

The showcase at Apple’s headquarters in Cupertino, California, comes as the company tries to reverse a mild slump that has seen its sales drop. …

Many observers believe a work stoppage of some kind looks increasingly likely. …