Business News

United Airlines pilots, represented by the Air Line Pilots Association, have reached a deal with the airline that could give pilots up to a 40% raise. According to the union, pilots and United management have been negotiating for more than four years. Also, the deal, which has about $10 billion in value, will improve the quality of work-life, compensation, job security, work rules, retirement and benefits. “We...

Last week, the Food and Drug Administration (FDA) approved the first ever over-the-counter birth control pill, Opill. Opill was first approved by the FDA as a prescription drug. Now that it is approved for over-the-counter sale, more women and girls in the U.S. will have the ability to prevent unintended pregnancies without a prescription. The contraceptive will most likely be available at drugstores, convenience stores, grocery stores...

Writers and actors in Hollywood are taking a stand.   Hollywood actors’ labor union and the trade group representing the industry’s leading studios failed to reach a deal on a new contract, now thousands of actors are on strike. The president of the union, Fran Drescher, declared, “We are the victims here. We are being victimized by a very greedy entity. I am shocked by the way the...

Farmers Insurance will stop offering its policies including home, auto and umbrella policies in the state of Florida, forcing thousands of residents to find a new insurance provider. According to CNN, the company made the “business decision” that was “necessary to manage its risk exposure in the hurricane-prone state.” Farmers Insurance currently serves 100,000 customers in Florida. This might not come as a surprise considering national insurers...

Right-wing critics have reportedly accused Disney of adding inappropriate sexual content to its programming. Disney’s CEO, Bob Iger, denies these claims. Florida’s Governor, Ron Desantis, and former Fox News host, Tucker Carlson are among Disney’s critics claiming Disney has added a lot of “sexuality into the programming for young kids” and the company has “a sexual agenda for six-year-old children,” CNN reported. The state of Florida and...

On Monday, Domino’s announced a partnership with Uber Eats and Postmates, posing a major change for the company. In the past, Domino’s had avoided using third-party delivery apps in the U.S. and required customers to order directly through them. However, by the end of the year, customers should be able to access Domino’s full menu on Uber Eats and Postmates. After the announcement, shares of Domino’s impressively...

On Wednesday, Elon Musk debuted his brand new company, xAI. The goal of the company is to “understand the true nature of the universe,” according to its website. The website also states that people will be able to meet the team as well as ask questions on Friday during a Twitter Spaces chat. The team is made up of alumni from DeepMind, OpenAI, Google Research, Microsoft...

On Tuesday, news broke that Federal regulators discovered that Bank of America has violated various consumer financial protection laws including double-dipping on fees, opening fake accounts and more. The Consumer Financial Protection Bureau has now ordered Bank of America to pay more than $100 million to customers as well as $90 million in penalties. Additionally, the Office of the Comptroller of the Currency has also charged...

Patients who have been prescribed the popular weight loss drugs like Novo Nordisk’s injection Wegovy have experienced their total health-care costs soar, even after they stop taking the medication. According to an analysis from Prime Therapeutics, the annual health-care cost for patients before they were prescribed a weight loss drug was $12,371 on average. The analysis then revealed that the average cost of health-care increased to...

Air travel passengers are going to need to pack a lot of patience this summer and the rest of the year. Industry experts are predicting the solution to flight delays and cancellations is nowhere in sight. The airline industry has faced many problems recently and some of this is due to air traffic controller staffing issues. The Federal Aviation Administration (FAA) said it is working to...