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J. Edward Moreno
Posts
Southwest Quits Four Airports in Cost-Cutting Drive
The airline expects fewer deliveries of Boeing planes than before, and cited “significant challenges” in achieving growth plans because of it.
Business Groups Sue to Stop F.T.C. From Banning Noncompete Clauses
The suit was filed the day after the agency announced a rule that prohibits companies from limiting their employees’ ability to work for rivals. It…
Starbucks and Union Set to Restart Contract Talks After Bitter Standoff
The company and Workers United, which represents more than 10,000 of the chain’s employees, broke off negotiation nearly a year ago.
FTC Bans Worker Noncompete Clauses
The rule would prohibit companies from limiting their employees’ ability to work for rivals, a change that could increase competition and boost wages.
Supreme Court to Hear Starbucks Challenge to Labor Ruling
The case, which stems from the firing of seven Starbucks workers in Memphis, seeks to limit the National Labor Relations Board’s ability to obtain a…
Tesla Will Recall Cybertruck in Latest Setback
A federal auto safety agency said the accelerator pedal on the pickup truck, sales of which began in late 2023, could become stuck, increasing the…
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an…
E.V. Sales Are Slowing. Tesla’s Are Slumping.
More competition and flagging demand for electric vehicles has led to declining sales at Tesla.
Norfolk Southern Settles Derailment Suit for $600 Million
The railroad company will pay residents and businesses in East Palestine, Ohio, and the surrounding area after a derailment last year.
Disney and DeSantis Settle Suit Over Florida Special District
The settlement ends a two-year fight between the entertainment giant and the Florida governor over control of a state tax district near Orlando that encompasses…