Business News

AM Business Notebook

 

>>Debt Ceiling Bill Advances To House Floor

(Washington, DC) -- The House Rules Committee is advancing the debt ceiling bill to the floor, which clears a major hurdle as it continues to face opposition from both Democrats and Republicans alike. The rule was adopted by a seven-six vote, with Republican Representatives Chip Roy and Ralph Norman joining all Democrats in opposition. The debt limit bill will now advance to the floor for debate, with a vote expected sometime today. The 99-page measure would raise the nation's spending limit the next two years to avoid a federal debt default.

 

>>Amazon Employees Plan To Walk Out

(Seattle, WA) -- More than 17-hundred Amazon employees plan to walk off the job today, calling for more flexibility with remote work. They also want the company to pay more attention to its climate impact. Nearly 900 of those workers plan to walk out of the company's Seattle HQ. The move comes a month after Amazon started requiring employees to work from the office at least three days a week.

 

>>Colorado Governor Proposes Disney World Move In NBA Finals Bet

(Denver, CO) -- Colorado's governor is making a proposal to his counterpart in Florida ahead of the NBA Finals matchup between the Nuggets and the Heat. Democrat Jared Polis suggested yesterday that Disney World should move to Colorado if Denver beats Miami in the upcoming series. Republican Governor Ron DeSantis has criticized Disney as a "woke" corporation since the company objected to a bill designed to prevent discussions of sexual orientation or gender identity in some Florida classrooms between grades k-through-third grade. Polis said Disney World should move to the "actual happiest place on Earth to do business" in yesterday's tweet.

 

>>Writers Guild Urges Shareholders to Reject Compensation Packages of Top Executives

(Los Angeles, CA) -- The Writers Guild of America is targeting top executives' pay in letters sent to major shareholders of Netflix and Comcast. On Tuesday, WGA president Meredith Stiehm urged shareholders to reject the "Say on Pay" proposal, which asks them to sign off on the company's prior year pay packages. In the letters, Stiehm detailed the disparity in pay between top executives and writers. As the strike moves into the summer, the guild is successfully building pressure on studios by shutting down active film productions and wants to get the shareholders on board. The guild continues to gain leverage with it's actions because it's ultimate goal is to send a message to studios.

On Air Now

Dan Bongino
Dan Bongino
9:00am - 12:00pm
The Dan Bongino Show

FlashAlert

KBND ON FACEBOOK

News Disclaimers