Business

A daily roundup of the latest financial and market stories, chosen by Flipboard editors.

Most recent stories in Business

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Axios
1 hour ago
USPS ditches holiday surcharges despite stamp price hikes
Axios - Kelly Tyko
After years of holiday pricing hikes, the United States Postal Service said it won't levy any additional surcharges during the peak 2023 holiday …
Axios
5 hours ago
WWE founder Vince McMahon sets the stage for his possible exit
Axios - Dan Primack
Pro wrestling magnate Vince McMahon is hinting that he wants out of the family business, according to regulatory filings tied to WWE's recent merger …
Axios
3 hours ago
San Antonio gets first nonstop flight to Europe
Axios - Megan Stringer
San Antonio International Airport will get its first nonstop flight to Europe when Condor adds service to Frankfurt, Germany, next summer. Why it …
NBC News
11 hours ago
Widow of man who died driving off collapsed bridge sues Google for directing him there
NBC News - Phil Helsel
Philip Paxson died in 2022 after driving over an “an unmarked, unbarricaded collapsed bridge” in North Carolina while following map directions, a lawsuit alleges. A North Carolina woman is suing Google after her husband died after driving off a collapsed bridge while following GPS directions, …
USA TODAY Money
12 hours ago
US wage growth is finally outpacing inflation. Many Americans aren't feeling it.
USA TODAY Money - Paul Davidson
US wage growth is finally outpacing inflation. Many Americans aren't feeling it. Wage growth is finally topping inflation. But are workers benefitting? U.S. wage growth has outpaced inflation since May, finally giving workers more purchasing power. Pay gains had been running behind price …
7 hours ago
Instacart stock gets 'choppy reception' from investors after IPO
yahoo.com - Brooke DiPalma
Instacart stock (CART) briefly fell below its IPO price. Shares of the grocery delivery company were down nearly 11% as of the market close on …
CBS News
7 hours ago
New York pay transparency law drives change in job postings across U.S.
CBS News - By Megan Cerullo
A New York law requiring employers to disclose job salary ranges went into effect this week and is driving even companies that are recruiting outside …
Axios
8 hours ago
In a shift, fossil fuels take center stage at UN Climate Summit
Axios - Andrew Freedman
The U.N. Climate Ambition Summit on Wednesday marked a potential turning point in the global effort to limit the severity of climate change. The big …
The Messenger
7 hours ago
Starbucks to Spend Billions to Decrease Your Wait Time
The Messenger - Patrick Cooley
Starbucks wants to decrease wait times, and it is willing to spend billions to do so, according to Bloomberg. Customers now are waiting five minutes …
CBS News
12 hours ago
How your college major can influence pay. Here are the top- and bottom-paying fields.
CBS News - By Aimee Picchi
Obtaining a college diploma has long been viewed as a ticket to a good job, but new data suggests that the type of degree you get also can have a …
10 hours ago
India stocks lower at close of trade; Nifty 50 down 0.80%
investing.com - Investing.com
Investing.com – India stocks were lower after the close on Thursday, as losses in the Banking, Auto and Public Sector Undertakings sectors led shares …
USA TODAY Money
18 hours ago
See Powerball winning numbers: Jackpot grows to $725 million after no winner in Wednesday drawing
USA TODAY Money - Doc Louallen
The Powerball jackpot is heating up. No winning ticket drawn Wednesday means potential winnings have jumped to an estimated $725 million ahead of Saturday's drawing. The winning numbers were drawn just after 11 p.m. ET and we have the results below. If someone had won Wednesday's drawing, they would …
NPR
18 hours ago
Kraft is recalling some American cheese slices over potential choking hazard
NPR - The Associated Press
Kraft Heinz said Tuesday it's recalling more than 83,000 cases of individually-wrapped Kraft Singles American processed cheese slices because part of the wrapper could stick to the slice and become a choking hazard. The company, which is based in Chicago and Pittsburgh, said one of its wrapping …
Bloomberg
18 hours ago
Iraq Leader Says He’s Meeting With Firms Amid Gas Push
Bloomberg
Iraqi Prime Minister Mohammed Shia Al-Sudani said he’s meeting with dozens of American companies as part of a push for more investment in the gas …
Bloomberg
21 hours ago
Japan's Kishida to Unveil Outline of Economic Measures as Inflation Bites Voters
Bloomberg
Prime Minister Fumio Kishida is set to sketch out promised economic measures early next week, a move that comes as polls show voters are dissatisfied …
The New York Times
22 hours ago
Top Studio Executives Join Writers’ Strike Negotiations
The New York Times - Nicole Sperling
Negotiations between the Hollywood writers’ union and the major entertainment companies resumed on Wednesday after a month, with top executives joining the talks for the first time. The day ended with the two sides issuing a statement saying they would meet again on Thursday, and the top executives …
CBS News
1 day ago
Are paper wine bottles the future? These companies think so.
CBS News - By Duarte Dias, Ian Lee
Ipswich, England — A British company is replacing glass wine bottles with a unique paper alternative, and bringing the product to the United States. …
CBS News
1 day ago
George R.R. Martin, John Grisham and other major authors sue OpenAI, alleging "systematic theft"
CBS News - By Aimee Picchi
OpenAI, the creator of ChatGPT, is facing a lawsuit from bestselling writers including George R.R. Martin, John Grisham and Elin Hilderbrand that …
NBC News
1 day ago
Kraft Heinz recalls 83,800 cases of Kraft Singles American Cheese slices.
NBC News - Marley Jay
Kraft Heinz says six people gagged or choked on plastic film that stuck to slices. Kraft Heinz says it is recalling 83,800 cases of individually wrapped Kraft Singles American processed cheese slices because of a manufacturing problem that could cause plastic film to stick to the cheese, creating a …
Axios
1 day ago
Small business owners are feeling more confident lately
Axios - Emily Peck
An index that measures small business owners' confidence jumped six points in the third quarter, nearly reaching its pre-pandemic high. Why it …
Axios
1 day ago
The child care industry is on the cusp of a crisis
Axios - Emily Peck
In 10 days, the U.S. will fall off a "child care cliff" — that's the day pandemic-era funding for the industry runs out. Why it matters: The funding …
CBS News
2 days ago
Teachers say lack of paid parental leave makes it hard to start a family: "Should I even be working here?"
CBS News - By Nancy Cordes, Analisa Novak
Balancing a teaching career and family life can be a tough equation for many American educators, especially in a nation without a national paid leave …
Semafor
1 day ago
Climate tech goes from sleepy side event to center stage
Semafor - Tim McDonnell
The Scene The line to get into the Climate Week kickoff party for tech startups and investors on Monday night wrapped around the block, with more than …
The Messenger
1 day ago
Goldman CEO David Solomon Has Board’s Support Despite Bad Press
The Messenger - Thornton McEnery
David Solomon’s hot seat appears to be cooling off. After months of swirling speculation that Solomon's job was on the line, the Goldman Sachs CEO got …
NBC News
1 day ago
Amazon driver 'in very serious condition' after rattlesnake bite in Florida
NBC News - Dennis Romero
The unidentified driver was placing a package at the entrance of a residence in Palm City, Florida, when she was bitten, authorities said. A woman delivering packages for Amazon was seriously injured when a rattlesnake bit her at a residence in Palm City, Florida, authorities said. "The snake bite …
Bloomberg
1 day ago
Dollar General Employees Say It’s a Terrible Place to Work
Bloomberg
Rat infestations, blocked fire exits, expired kids’ food, machete-wielding and watermelon-throwing shoppers and other nightmares at the biggest …
CNN
2 days ago
White House no longer deploying team to Detroit this week amid UAW strike
CNN - Arlette Saenz
CNN — Acting Labor Secretary Julie Su and White House senior adviser Gene Sperling are no longer deploying to Detroit this week, a White House official said, and instead will engage with United Auto Workers leadership and the automakers from Washington, DC. Sperling and Su had previously planned on …
CNBC
1 day ago
China leaves benchmark lending rates unchanged in September
CNBC - Clement Tan
China's banks kept their benchmark loan rates unchanged for September, after the slowdown in the world's second-largest economy showed signs of …
Bloomberg
1 day ago
Ford Avoids Strike at Canada Plants With Late-Night Union Deal After Extension
Bloomberg
Workers at Ford Motor Co.’s Canadian unit avoided a strike, reaching a tentative agreement late Tuesday after extending negotiations by 24 hours from …
Bloomberg Green
1 day ago
COP28’s Biggest Conflicts Are on Display at the UN General Assembly
Bloomberg Green
As world leaders gathered at the United Nations General Assembly in New York City this week, everyone seemed to agree on one thing: Climate change is …
CNBC
1 day ago
Oil markets' decades-long dependence on China could be ending
CNBC - Lee Ying Shan
China's demand for oil could peak by the end of the decade — and with its economic recovery still in limbo, can global oil markets continue to rely …

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