McDonald’s Set For Unprecedented Growth in Next 4 Years, With 10K New Restaurants
McDonald’s expects to open nearly 10,000 restaurants over the next four years, a pace of growth that would be unprecedented even for the world’s largest burger chain.
Hollywood Actors Approve Contract; Officially Ending Labor Dispute
SAG-AFTRA members have voted to approve the Alliance of Motion Picture and Television Producers; with a contract that addresses use of AI imagery, streaming revenue and other details.
CVS Health to Clarify Prescription Drug Pricing
CVS Health is introducing changes to its prescription drug pricing model.
US Job Openings Fall to Lowest Level Since March 2021
U.S. employers posted 8.7 million job openings in October, the fewest since March 2021.
GM Cruise Faces Possible Fines as California Continues Robotaxi Review
California regulators are alleging that GM's Cruise covered up the severity of an Oct. 2 accident involving one of its robotaxi vehicles, raising the possibility a fine will result from the case.
Supreme Court Reviewing Tax Case Involving Foreign Investments
The Supreme Court is taking up a case Tuesday over a Washington couple's $15,000 tax bill that is widely seen as a test of a never-enacted tax on wealth.
Spotify to Cut 17% of its Workforce in Third Round of Layoffs this Year
Spotify says it’s axing 17% of its global workforce, the music streaming service’s third round of layoffs this year.
Alaska Air to Buy Hawaiian Airlines in $1.9B Deal
Alaska Airlines said Sunday it agreed to buy Hawaiian Airlines in a $1.9 billion deal
BMW Recalls SUVs After Takata Air Bag Inflator Explodes and Hurls Shrapnel, Injuring Driver
BMW is recalling a low number of SUVs in the U.S. because the driver's air bag inflators can explode in a crash, hurling shrapnel and possibly injuring or killing people in the vehicles.
Pfizer Nixes Study of Obesity Pill Treatment That Made Patients Nauseous
Pfizer said it will abandon a twice-daily obesity treatment after more than half the patients in a clinical trial stopped taking it.
Teenage Girl Who Says She Noticed Camera Airplane Restroom is Suing American Airlines
The family of a North Carolina teenager is suing American Airlines, claiming a flight attendant taped an iPhone to an airplane toilet to record her using the restroom during a September flight.
Overall Holiday Consumer Spending Expected to Set Record for 2023
Consumers who are celebrating winter holidays told the National Retail Federation that they expected to spend an average of $875 this year on gifts, food, decorations and related expenses.
UAW Strike Cost Ford $1.7 Billion in Profits, Financial Report Says
The recent United Auto Workers strike cut Ford’s sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits, the automaker said Thursday.
Applications For Unemployment Benefits Rise Modestly, Continuing Claims Reach Highest Level in 2 Years
Slightly more Americans filed for jobless claims last week. The overall number of people in the U.S. collecting unemployment benefits rose to its highest level in two years.
Kraft Debuts Dairy-Free Mac-and-Cheese in US
Kraft macaroni and… fava beans? Kraft Heinz Co. said Wednesday it is bringing dairy-free macaroni and cheese to the U.S.
