>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after Tuesday saw a sharply lower close to kick off a holiday-shortened trading week. Stocks slid in a broad sell-off after weak manufacturing data reignited fears of an economic slowdown. All three major averages tumbled with the tech-heavy Nasdaq down more than three percent for the session. At the closing bell, the Dow Jones Industrial Average lost 626 points to end at 40-936. The S&P 500 dropped 119 points to 55-28. The Nasdaq plunged 577 points to 17-136.
>>Harris To Unveil Small Business Tax Plan
(Portsmouth, NH) -- Vice President Kamala Harris is expected to announce an economic proposal to help small businesses today. Harris will be on the campaign trail in New Hampshire where she'll outline proposed tax deductions for small business startups. Her plan would increase the deduction from five-thousand to 50-thousand dollars. Harris is also expected to put forward a plan to cut the red tape small business owners have to deal with.
>>Hotel Worker Strike Could Grow
(Undated) -- Hotel workers around the country are threatening to expand their strike after their union and hotel companies failed to reach a contract deal. Around ten-thousand people hit the picket lines in places like San Francisco, Seattle and Boston during the long Labor Day holiday. The workers are demanding better pay and benefits. The hotel chains affected include Hilton, Hyatt and Marriott. Some of the union workers are back on the job today, but guests are complaining about the lack of standard services.
>>United Airlines Raises Concerns About Potential Alaska-Hawaiian Airlines Merger
(Honolulu, HI) -- United Airlines is raising concerns about the pending merger between Alaska Airlines and Hawaiian Airlines. In a letter recently sent to the U.S. Department of Transportation, United Airlines says the merger could have a negative impact on its partnerships with Hawaiian. One of its concerns is a deal that allows passengers to collect miles on both airlines. The U.S. Department of Justice okayed the one-point-nine-billion-dollar merger last month. But, now its fate is in the hands of the U.S. Department of Transportation.
>>Chase Bank Calls Viral TikTok Trend "Fraud"
(New York, NY) -- Chase Bank says a viral TikTok trend is really just check fraud. Over the weekend, videos on the popular social media app showed users depositing fake checks for large amounts of money and quickly withdrawing the cash from their accounts. Some users claimed a glitch in the bank's system allowed people to get the cash from the deposited checks. Instead, those who tried to take advantage of the so-called "glitch" later ended up seeing large negative balances on their accounts. In a statement, Chase said the incident has been addressed and added, "Regardless of what you see online, depositing a fraudulent check and withdrawing the funds from your account is fraud, plain and simple."
