Tag: business news

500 Starbucks locations have voted to unionize as labor talks continue

Posted on By Rosemarie Hare Krishna No Comments on 500 Starbucks locations have voted to unionize as labor talks continue

Demonstrators protest outside a closed Starbucks Corp. location at 505 Union Station in Seattle, Washington, US, on Saturday, July 16, 2022.  David Ryder | Bloomberg | Getty Images Baristas at a Starbucks in Bellingham, Washington, became the 500th store to join the Starbucks Workers United union on Monday. Since the first location voted to unionize…

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Nike postpones investor day, posts mixed quarterly results as it gears up for CEO change

Posted on By Rosemarie Hare Krishna No Comments on Nike postpones investor day, posts mixed quarterly results as it gears up for CEO change

An employee carries shoe boxes at the Footlocker retail store in the Barton Creek Square Mall on August 28, 2024 in Austin, Texas.  Brandon Bell | Getty Images Nike on Tuesday said it was postponining its investor day as it delivered mixed fiscal first quarter results and gears up for a new CEO to take…

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EchoStar’s Dish sale marks disappointing end to Charlie Ergen’s ‘Seinfeld’ strategy

Posted on By Rosemarie Hare Krishna No Comments on EchoStar’s Dish sale marks disappointing end to Charlie Ergen’s ‘Seinfeld’ strategy

Dish’s Charles Ergen Andrew Harrer | Bloomberg | Getty Images Dish’s “Seinfeld” strategy appears to have ended quite like the actual show — with its finale a generally-accepted disappointment. In 2011, Dish cofounder Charlie Ergen first mentioned “Seinfeld” on an earnings call, responding to an analyst’s question about his company’s mixed bag of assets. Ergen…

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EchoStar to sell Dish to DirecTV, combining major pay-TV providers

Posted on By Rosemarie Hare Krishna No Comments on EchoStar to sell Dish to DirecTV, combining major pay-TV providers

Hamid Akhavan, EchoStar CEO, speaking on CNBC’s “Squawk on the Street” on Sept. 30, 2024. CNBC EchoStar is selling its Dish TV provider and digital business Sling to rival DirecTV in a deal announced Monday that brings together two of the largest pay-TV providers, and sent EchoStar shares plunging 10%. DirecTV agreed to pay a…

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Kamala Harris wants to take on price gouging. It’s hard to find agreement on what it even is

Posted on By Rosemarie Hare Krishna No Comments on Kamala Harris wants to take on price gouging. It’s hard to find agreement on what it even is

Democratic presidential candidate Vice President Kamala Harris and her husband, Doug Emhoff, stop at a Sheetz gas station in Coraopolis, Pennsylvania, on Aug. 18, 2024. Angela Weiss | AFP | Getty Images As she unveiled her most detailed economic plan yet this week, Democratic presidential nominee Kamala Harris pledged to fight price gouging in order…

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WNBA viewership soars to new record, while attendance hits more than two-decade high

Posted on By Rosemarie Hare Krishna No Comments on WNBA viewership soars to new record, while attendance hits more than two-decade high

Indiana Fever guard Caitlin Clark, #22, drives to the basket against Atlanta Dream guard Destanni Henderson, #33, during a WNBA preseason game at Gainbridge Fieldhouse in Indianapolis, Indiana, on May 9, 2024. Brian Spurlock | Icon Sportswire | Getty Images The Women’s National Basketball Association’s viewership and attendance boomed during the 2024 season, as the…

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EchoStar nears deal to sell Dish to DirecTV with $2 billion debt payment looming, sources say

Posted on By Rosemarie Hare Krishna No Comments on EchoStar nears deal to sell Dish to DirecTV with $2 billion debt payment looming, sources say

Charlie Ergen, chairman and co-founder of Dish Network Corp. Jonathan Alcorn | Bloomberg | Getty Images Charlie Ergen is getting close to selling the pay-TV business he founded more than 40 years ago. EchoStar is in advanced talks to sell satellite TV provider Dish Network to rival DirecTV, the closely held pay TV operator owned…

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Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams

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JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C., on Dec. 6, 2023. Evelyn Hockstein | Reuters Buried in a roughly 200-page quarterly filing from JPMorgan Chase last month were eight…

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Extra legroom, assigned seats, overnight flights: Inside Southwest Airlines’ plan for its future

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A Southwest Airlines Boeing 737-700 aircraft lands at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 7, 2023. Nicolas Economou | Nurphoto | Getty Images DALLAS — Southwest Airlines executives on Thursday outlined for Wall Street their vision to boost profits: extra legroom seats starting in 2026, assigned seating, international partnerships and overnight…

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FDA approves Bristol Myers Squibb’s schizophrenia drug, the first new type of treatment in decades

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Bristol Myers Squibb’s Cobenfy drug Courtesy: Bristol Myers Squibb The Food and Drug Administration on Thursday approved Bristol Myers Squibb‘s highly anticipated schizophrenia drug Cobenfy, the first novel type of treatment for the debilitating, chronic mental disorder in more than seven decades.  Schizophrenia affects how a person thinks, feels and behaves, and can cause paranoia,…

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