Jonathan Wong
The Latest
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American Airlines Overhauls Baggage Pricing and Loyalty Mileage Rules
The changes in baggage fees are set to affect passengers across various routes, with the first checked bag on domestic flights now costing $35 if booked online in advance and $40 if purchased at the airport, up from the previous $30. 
The changes in baggage fees are set to affect passengers across various routes, with the first checked bag on domestic flights now costing $35 if booked online in advance and $40 if purchased at the airport, up from the previous $30. -
Unions Target Starbucks Board, Citing Flawed Response to Worker Organizing
The Strategic Organizing Center (SOC), a coalition of labor unions, is intensifying its scrutiny of Starbucks ahead of a pivotal proxy battle at the company's annual meeting in March. The SOC contends that Starbucks' response to the ongoing unionization efforts among its baristas reflects a "flawed human capital management strategy," jeopardizing the company's reputation, shareholder returns, and customer loyalty. 
The Strategic Organizing Center (SOC), a coalition of labor unions, is intensifying its scrutiny of Starbucks ahead of a pivotal proxy battle at the company's annual meeting in March. The SOC contends that Starbucks' response to the ongoing unionization efforts among its baristas reflects a "flawed human capital management strategy," jeopardizing the company's reputation, shareholder returns, and customer loyalty. -
Home Depot Projects Downturn in 2024 Sales Amidst Shifting Consumer Spending
Home Depot, the leading U.S. home improvement retailer, is bracing for subdued growth in 2024 as it navigates a challenging economic landscape marked by persistent inflation and shifting consumer spending patterns. 
Home Depot, the leading U.S. home improvement retailer, is bracing for subdued growth in 2024 as it navigates a challenging economic landscape marked by persistent inflation and shifting consumer spending patterns. -
Walmart Reports Strong Quarter: E-Commerce Surge and Expansion into Digital Advertising
Walmart, the largest retailer in the United States, is poised to report another quarter of sales growth, albeit at a slower pace compared to the previous year. As the company prepares to announce its fourth-quarter results, expectations are set for a 3.2% increase in U.S. same-store sales, a notable decrease from last year's 8.8% growth. 
Walmart, the largest retailer in the United States, is poised to report another quarter of sales growth, albeit at a slower pace compared to the previous year. As the company prepares to announce its fourth-quarter results, expectations are set for a 3.2% increase in U.S. same-store sales, a notable decrease from last year's 8.8% growth. -
Capital One Eyes Acquisition of Discover Financial in Potential Billion-Dollar Deal, WSJ Syas
Capital One Financial is reportedly set to acquire Discover Financial Services, a development that underscores the ongoing consolidation within the industry. 
Capital One Financial is reportedly set to acquire Discover Financial Services, a development that underscores the ongoing consolidation within the industry. -
U.S. Injects $1.5 Billion into GlobalFoundries to Ramp Up Semiconductor Production
Biden administration announced a significant $1.5 billion grant to GlobalFoundries. 
Biden administration announced a significant $1.5 billion grant to GlobalFoundries. -
Donald Trump Launches Branded Sneakers in Political Merchandise Foray, Sparking Mixed Reactions
Former President Donald Trump unveiled a line of branded sneakers at "Sneaker Con" in Philadelphia, a day following a monumental $355 million legal ruling against him. 
Former President Donald Trump unveiled a line of branded sneakers at "Sneaker Con" in Philadelphia, a day following a monumental $355 million legal ruling against him. -
Amazon, SpaceX, and Trader Joe's Unite in Constitutional Fight Against Labor Board
Amazon has aligned itself with Elon Musk's SpaceX and the popular grocer Trader Joe's in contending that the enforcement mechanics of the National Labor Relations Board (NLRB) infringe upon the U.S. Constitution. 
Amazon has aligned itself with Elon Musk's SpaceX and the popular grocer Trader Joe's in contending that the enforcement mechanics of the National Labor Relations Board (NLRB) infringe upon the U.S. Constitution. -
UAW Issues A Strike Threat at Ford's Kentucky Plant Amid Contract Disputes, Highlighting Labor Strains
The United Auto Workers (UAW) has issued a strike threat at Ford Motor Company's Kentucky Truck Plant, one of the automaker's most critical facilities. This development comes just a day after Ford's CEO, Jim Farley, expressed concerns about the impact of union activities on the company's strategic decisions regarding plant locations. 
The United Auto Workers (UAW) has issued a strike threat at Ford Motor Company's Kentucky Truck Plant, one of the automaker's most critical facilities. This development comes just a day after Ford's CEO, Jim Farley, expressed concerns about the impact of union activities on the company's strategic decisions regarding plant locations. -
Nike to Trim About 1,700 Jobs Amid Economic Pressures and Restructuring
Nike Inc. is set to reduce its global workforce by approximately 2%, equating to around 1,700 positions, as part of a strategic move to streamline operations and target significant cost savings amid a challenging economic landscape. 
Nike Inc. is set to reduce its global workforce by approximately 2%, equating to around 1,700 positions, as part of a strategic move to streamline operations and target significant cost savings amid a challenging economic landscape.
