The United Auto Workers union wants another four years of Joe Biden as president. The United Auto Workers (UAW) announced Wednesday that it had strategically endorsed President Joe Biden for the...
Trucker Demand Slowdown Could Indicate Looming Recession
The trucker demand that soared during the pandemic has been on a sharp decline since the beginning of March, and analysts believe that drop could indicate an economic recession. An article published...
U.S. Supply Chain Seeing Product Shortages
Shoppers in-store and online are seeing many products marked out of stock due to supply chain issues in the U.S. Achal Bassamboo, a professor of operations at the Kellogg School of Management at...
Ford Launches F-150 Lightning Electric Truck
On Tuesday, the first all-electric Ford F-150 Lightning rolled off the manufacturing line in Detroit, Michigan, with a lot at stake for the brand and electric vehicles in general. Ford has received...
Gov. Abbott Invites Musk to Relocate Twitter to Texas
Now that Elon Musk's bid for Twitter has been accepted, the billionaire is in high demand. Texas Governor Greg Abbott is among those first in line for the tech mogul's attention. Musk and Governor...
By Tanya Grant | Apr 28, 2022
Small Businesses Struggle as Inflation Rises
With inflation higher than it has been in four decades, small businesses are concerned for their futures. Six out of ten U.S. small business owners worry that inflation would drive them out of...
American Airlines Hiring 400 Reservation Agents in DFW
American Airlines, based in Fort Worth, announced it is looking to hire 400 reservation call center agents in preparation for a busy summer travel season. On Monday, the airline reported it would...
People’s Convoy Leaves Texas, Continues through California
The People’s Convoy is a caravan of 18-wheelers and cars that arrive and circle the streets in any given town while honking their horns in protest of COVID-19 vaccine and mask mandates has made their way to Texas.
Airlines Aim to Accommodate Travelers Canceling After Mask Mandate’s Removal
Major U.S. airlines are working to accommodate travelers who no longer wish to fly after the federal mandate requiring passengers to wear face coverings on public transportation was struck down in a...
By Pete Griffin | Apr 26, 2022
Twitter Accepts Elon Musk’s Offer
Twitter’s board has accepted Elon Musk’s roughly $44 billion offer to purchase the social media company. Musk, Tesla and SpaceX CEO, will take Twitter private. The purchase of the company has been...
Disney’s Market Cap Drops Amid Controversy
Since Disney voiced its opposition to a Florida law prohibiting the teaching of "gender identity and sexual orientation" in public schools for kindergarten through third grade, the company's market...
Chipmakers Struggle with Supply Chain Disruption
A major industrial conglomerate resorted to purchasing used washing machines and extracting the chips for use in their products due to the global semiconductor shortage.
Bacardi Sues American Airlines Over Missing Spirits
Bacardi USA, the American affiliate of the international liquor company, filed a lawsuit in federal court on April 19 against the Dallas-Fort Worth-based American Airlines over a dispute involving...
Global Economy Foreshadowing Tumultuous Times Ahead
The world is collectively experiencing the repercussions of a fragile global economy. Global markets are facing issues they have not seen since the 1990s.
Warner Bros. Discovery to Shut Down CNN+
Warner Bros. Discovery announced on April 21 that the company would end CNN+, the network’s new streaming service that launched just under a month ago.
Netflix Stock Plummets 35%
Netflix stock dropped a whopping 35% on April 20, declining its market value by $54 billion. This steep plummet could mean the end of the FAANG (Facebook, Amazon, Apple, Netflix, and Google) era.
Texas AG Paxton Sues Online Car Dealer Vroom
Texas Attorney General Ken Paxton has filed a lawsuit against online car seller Vroom for allegedly failing to disclose information about the vehicles it sold to Texas consumers, including their...
Elon Musk Secures Funding to Buy Twitter
The latest development in the Elon Musk Twitter takeover saga is that he has secured the funding to “tender” an offer to purchase the social media company. Musk has offered to buy Twitter outright...
Tesla Earnings Exceed Wall Street Estimates
Tesla's first-quarter earnings are out, and Elon Musk's winning streak continues. The electric vehicle (EV) maker beat Wall Street's estimates on the top and bottom lines. Overall revenue was nearly...
By Tanya Grant | Apr 22, 2022
Study: Delta is the Best Airline
A recent WalletHub study ranked Delta Air Lines the best of all U.S. airlines. The study reviewed data associated with national and regional U.S. airlines. The WalletHub 2022 Best Airlines report...
By Edgar James | Apr 22, 2022
Investors Hit the Sell Button on Netflix, Send Shares Tumbling
Netflix's stock (NFXL) has seen better days. After reporting a sharp decline in subscribers in the first quarter, something it has not done in over a decade, shares of the content streaming company...
By Tanya Grant | Apr 22, 2022