Boeing has resumed the production of the 767 and 777 as it gets back online after a lengthy strike.Following the end of the strike, the aviation giant had already restarted 737 production.Boeing has had a troubled 2024 after a midair blowout in January shone a light on its quality control.Boeing has resumed its production across its range of aircraft in the Pacific Northwest factories as it gets back online following its lengthy and costly strike.Advertisement The aviation giant, which had already resumed ...

Core Points - Starbucks Workers United, the largest union representing over 10,000 baristas, has authorized a nationwide strike with 98% of its members voting in favor due to unresolved unfair labor practice cases and inadequate pay proposals from the company [2][4] - Starbucks expressed disappointment regarding the union's decision to consider a strike, emphasizing that productive negotiations had taken place, resulting in thirty meaningful agreements since April [3][8] - The company is facing challenges, including a 7% decline in comparable sales year-over-year and a 3% decrease in net revenue to $9.1 billion [8][9] Union and Strike Details - The union's strike authorization is a response to hundreds of unresolved unfair labor practice cases and the company's failure to present a comprehensive pay package during negotiations [2][3] - In June 2023, over 150 unionized stores previously went on strike to protest the company's treatment of LGBTQIA+ workers, indicating ongoing tensions between the union and the company [5] Company Policies and Financial Performance - Starting in March, Starbucks will enhance its parental leave policy, offering up to 18 weeks of paid leave for birth parents and up to 12 weeks for non-birth parents, addressing employee feedback on existing benefits [6][7] - The company operates 11,161 company-operated stores and 7,263 licensed stores in North America, with approximately 4.5% of these stores being unionized as of October [4]

AT&T is requiring many office employees to work on-site a full five days a week starting in January.The telecom giant previously accommodated a hybrid schedule in its return-to-office push.The news comes as Amazon has delayed some RTO plans due to capacity issues.AT&T's return-to-office mandate is set to get more strict in the new year.Advertisement The Dallas-based telecom giant confirmed to Business Insider that it is requiring all office employees to work on-site five days a week starting in January. Th ...

Core Viewpoint - Nissan and Honda are exploring a merger to enhance their competitiveness in the electric vehicle (EV) market, responding to challenges posed by Tesla and Chinese manufacturers [1][2][4]. Group 1: Merger Considerations - The potential merger aims to strengthen the existing ties between Nissan and Honda, allowing them to pool resources and increase their market power [1][2]. - Both companies have confirmed they are in negotiations regarding the merger, marking a significant shift from their previous rivalry [2][5]. Group 2: Market Reaction - Following the news of the merger discussions, Nissan's stock surged nearly 22% on Tuesday, although it later settled at an 11% gain after hours [3]. - In contrast, Honda's shares experienced a decline of approximately 1.3% after the merger news was confirmed [5]. Group 3: Context and Background - The merger talks come in the wake of Nissan's struggles with falling profits and a significant workforce reduction of 9,000 jobs globally in November [3]. - Earlier in the year, Honda and Nissan had already agreed to collaborate on EV batteries and software, indicating a move towards greater cooperation [4]. - Nissan's CEO, Makoto Uchida, acknowledged the need for partnerships to enhance competitiveness, highlighting the limitations of going it alone in the current market [5].

Walmart is testing out body-cams for store employees in one market in Texas.A spokesperson said the goal of the pilot is to improve worker safety and evaluate the results.Earlier this year, Axon introduced a line of cameras designed for retail and healthcare workers.Walmart shoppers in Texas may want to think twice before losing their cool with a store employee — the interaction could be captured from an up-close-and-personal camera angle.Advertisement The retail giant is testing body-cams for store employ ...

Apple plans to launch a foldable giant iPad and a folding iPhone, according to multiple reports. The foldable tablet device is reportedly the size of two iPad Pros.Apple could also introduce a thinner iPhone next year, the reports said. Apple is developing a foldable iPad and a foldable iPhone, according to multiple reports.Advertisement Apple is working towards bringing the foldable iPad, said to be the size of two iPad Pros when unfolded, to market around 2028, Bloomberg's Mark Gurman reported in the "Po ...

Boeing has committed $1 billion to expand its 787 Dreamliner manufacturing plant in South Carolina.The investment aims to upgrade infrastructure and create 500 jobs over five years.Boeing is looking to ramp production up after a tough year in which it faced major losses. Boeing said on Thursday it will commit $1 billion to its 787 Dreamliner manufacturing plant in South Carolina as it seeks to ramp up production after a difficult 2024.Advertisement The Virginia-based firm has planned for the investment to ...

Core Insights - Costco is experiencing a shift in consumer behavior towards "food at home," leading to increased sales in meat and produce categories [3][4] - The company reported Q1 2025 sales of $60.99 billion, reflecting a 7.5% increase from the previous year [4] - Membership numbers rose by 7.2% year-over-year, reaching nearly 139 million cardholders [5] Sales Performance - Strong growth in sales attributed to a shift in dining habits, with consumers opting for home-cooked meals over dining out [2][6] - The increase in sales is particularly noted in lower-priced food items, including poultry, beef, and pork [4] Market Trends - The trend of eating at home is echoed by other retailers and fast-food chains, indicating a broader industry shift due to inflation and high food prices [6][7] - Walmart reported that eating out is approximately 4.3 times more expensive than eating at home, which is driving more customers to grocery stores [8]

Core Viewpoint - Intel's co-CEOs are considering a potential separation of the company's manufacturing and products businesses to address poor financial performance and political implications [1][4]. Group 1: Business Structure and Strategy - Intel is creating more separation between its manufacturing and products businesses, with a formal split still being a possibility [1][6]. - The company is forming a subsidiary for Intel Foundry and establishing a separate operational board for it, indicating a move towards greater independence for the foundry operations [7][8]. - CFO David Zinsner mentioned that the businesses are already run fairly independently, but further steps are being taken to facilitate a potential split [3][6]. Group 2: Leadership and Management - Until a permanent CEO is appointed, the co-CEOs will manage most areas together, but Zinsner will specifically oversee the Foundry business [8]. - The separation of operations and inventory management software for the two sides of the business is part of the ongoing changes [7]. Group 3: Geopolitical and Competitive Considerations - The manufacturing segment holds significant geopolitical importance for both Intel and the US, which complicates the decision regarding separation [4]. - Protecting intellectual property (IP) from clients in the foundry business is crucial, necessitating a clear separation from the Intel Products business [9].

Costco beat expectations for its fiscal first-quarter earnings, with net sales growth of 7.5%.Comparable sales growth was largely driven by increased traffic.The company ended the quarter with nearly 139 million membership cardholders, up 7.2% over last year.People just can't get enough of Costco — even as membership fees went up.Advertisement The wholesale club beat Wall Street's expectations Thursday, posting fiscal first-quarter net sales of $60.99 billion, up 7.5% from the same period last year.Compara ...