Pfizer Nixes Study of Obesity Pill Treatment That Made Patients Nauseous
Pfizer said it will abandon a twice-daily obesity treatment after more than half the patients in a clinical trial stopped taking it.
Teenage Girl Who Says She Noticed Camera Airplane Restroom is Suing American Airlines
The family of a North Carolina teenager is suing American Airlines, claiming a flight attendant taped an iPhone to an airplane toilet to record her using the restroom during a September flight.
Overall Holiday Consumer Spending Expected to Set Record for 2023
Consumers who are celebrating winter holidays told the National Retail Federation that they expected to spend an average of $875 this year on gifts, food, decorations and related expenses.
UAW Strike Cost Ford $1.7 Billion in Profits, Financial Report Says
The recent United Auto Workers strike cut Ford’s sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits, the automaker said Thursday.
Applications For Unemployment Benefits Rise Modestly, Continuing Claims Reach Highest Level in 2 Years
Slightly more Americans filed for jobless claims last week. The overall number of people in the U.S. collecting unemployment benefits rose to its highest level in two years.
Kraft Debuts Dairy-Free Mac-and-Cheese in US
Kraft macaroni and… fava beans? Kraft Heinz Co. said Wednesday it is bringing dairy-free macaroni and cheese to the U.S.
UAW Will Try to Organize Workers at US Non-Union Factories, After Winning New Contracts in Detroit
Less than two weeks after ratifying new contracts with Detroit automakers, United Auto Workers announced plans Wednesday to try to organize workers at more than a dozen non-union auto factories.
Autoworker Strike Cost General Motors $1.1B; Stock Buyback Announced
General Motors predicts a full-year net income of $9.1 billion to $9.7 billion in its latest financial report, which reflects the impact of the recent autoworker strike and new contracts.
World Economy Expected to Slow Down in 2024 Because of Inflation and War
The Paris-based Organization for Economic Cooperation and Development estimated Wednesday that international growth would slow to 2.7% in 2024 from an expected 2.9% pace this year.
Federal Mediators Reject Airline Unions Strike Request
Federal mediators have denied a union's appeal that could have paved the path for a year-end strike by American Airlines' flight attendants.
U.S. Consumers More Confident as Holiday Shopping Season Hits High Gear
After declining for three straight months, U.S. consumer confidence grew in November as the holiday shopping season shifts into high gear.
EU Regulators Say Amazon’s Acquisition of Vacuum-Maker iRobot May Hinder Competition
European regulators said Monday that Amazon’s proposed acquisition of vacuum-maker iRobot may harm competition.
US Airports Had Record Passenger Volume on Thanksgiving Weekend
A record number of passengers traveled through U.S. airports over Thanksgiving weekend, Transportation Security Administration said Monday.
Cyber Monday Expected to Set Record as Holiday Shopping Spike Continues
This year's Cyber Monday traffic is expected to result in the biggest online shopping day of all time; following up on a busy Black Friday shopping report.
Buyers Seek Larger Cars, Erasing Gains From Cleaner Tech
Negative impact on climate from vehicles could have dropped by 30% over the past decade if consumers did not prefer large cars, a report from Global Fuel Economy Initiative suggests.