Morning Business Report: September 18th, 2023
Strikes this year have already resulted in millions of lost work days and the restart of student-loan payments could divert up to $100 billion from American’s pockets over the coming…
Business
Morning Business Report: September 15th, 2023
Celebrity alcohol companies are expanding their deals with pro sports and UAW members go on strike at three key auto plants after deal deadline passes. Jane King is at the Nasdaq with those…
Morning Business Report: September 14th, 2023
Car insurance rates just had their biggest annual jump in 47 years and in less than 24 hours, the UAW contract with the automakers will expire possibly leading to a strike. Jane King…
Morning Business Report: September 13th, 2023
A new survey finds that playing video games can improve other parts of your life and UPS says its new union deal with the teamsters will drive up costs. Jane King is at…
Morning Business Report: September 12th, 2023
Disney and Charter Communications settled their dispute hours before Monday Night Football and Apple will have their big reveal today, which is expected to include a new iPhone and watch.…
Morning Business Report: September 11th, 2023
Taco John’s has given up its Taco Tuesday trademark after a battle with Taco Bell and now customers may benefit and Kroger and Albertsons plan to sell over 400 stores…
Morning Business Report: September 8th, 2023
Walmart cuts the starting pay for some new hires and health-insurance costs are taking the biggest jumps in years. Jane King is at the Nasdaq with those stories and more…
Morning Business Report: September 6th, 2023
Gas prices hit the highest level for this time of year in a decade and the cheap flights of fall are back. Jane King is at the Nasdaq with those…
Morning Business Report: September 5th, 2023
The average American employee hasn’t received a raise at their current job in the last three years and credit card and car loan defaults hit a 10-year high. Jane King…
Morning Business Report: August 31st, 2023
Single parents talk about how much they worry about their kids and money and it could be a day of airport chaos ahead as Hurricane Idalia disrupts air travel. Jane…
Morning Business Report: August 30th, 2023
Many Americans are planning to pull off one last summer getaway and Farmers Insurance is laying off thousands of workers. Jane King is at the Nasdaq with those stories and…
Ingalls awarded contract to modernize USS Zumwalt
Ingalls Shipbuilding on Tuesday was awarded a $154.8 million contract to modernize the USS Zumwalt (DDG 1000). “It is an honor to serve the sailors of Zumwalt and to welcome them to our community,” said Ingalls Shipbuilding DDG 1000 ship construction manager Bruce…
Morning Business Report: August 28th, 2023
Pumpkin Spice scented trash bags are back and UAW members approved possible strikes at GM, Ford, and Stellantis. Jane King is at the NASDAQ with those stories and more in…
Morning Business Report: August 25th, 2023
Bud Light is going on the offensive for the NFL season and the markets are bracing for today’s message from the Federal Reserve Chairman. Jane King is at the Nasdaq…
Morning Business Report: August 24th, 2023
Starbucks Pumpkin Spice latte returns for its 20th year today and the Hawaii wildfires are predicted to be among the most expensive disasters in U.S. history. Jane King is at…
Watson addresses Gulf Coast Business Council about importance of free, fair elections
Mississippi Secretary of State Michael Watson was on the Coast this morning to talk about the importance of free and fair elections. Watson, who…
Morning Business Report: August 23rd, 2023
Macy’s is opening stores in an unexpected place and the future of AI faces a first big test today. Jane King is at the Nasdaq with those stories and more…
EPA enters agreement to sell Mississippi Phosphates plant in Pascagoula
The Environmental Protection Agency, the Department of Justice and the state Department of Environmental Quality are planning to enter an agreement to sell the former Mississippi Phosphates plant in Pascagoula. Seven Seas Terminals plans to buy and redevelop the Superfund…
Morning Business Report: August 21st, 2023
Half of parents have ‘no idea’ how to raise kids without smartphone and U.S. malls aren’t dying after all. Jane King is at the Nasdaq with those stories and more…
Morning Business Report: August 18th, 2023
Mortgage rates soar to their highest level in 21 years and child-care prices are rising at nearly twice the overall inflation rate. Jane King is at the Nasdaq with those…
Morning Business Report: August 17th, 2023
Pumpkin spice season has already begun and business leaders don’t like remote work but say they may be stuck with it. Jane King is at the Nasdaq with those stories…
Casino gaming revenues in U.S. top $16B in second quarter
U.S. commercial gaming continued its long run of consecutive quarterly revenue growth in the second quarter, hitting a Q2 record of $16.07 billion, according to the American Gaming Association’s Commercial Gaming Revenue Tracker. The total outpaced Q2 2022 by 8.1…
Winn-Dixie parent company negotiating with ALDI to sell its stores
Southeastern Grocers, the parent company of Winn-Dixie grocery stores and other similar brands, announced it is negotiating a deal to sell its properties to ALDI. Under the proposed sale, ALDI will acquire all Southeastern Grocers stock in an all-cash transaction…
Morning Business Report: August 15th, 2023
Most parents agree children should be taught financial literacy in school and Hawaiian Electric stock plunges after a lawsuit alleges it failed to shut power off ahead of the Maui…