>>Coming Up In The Business Week Ahead
(Undated) -- Election Day isn't the only thing that will be making headlines this week. The Federal Open Market Committee kicks off a two-day meeting Wednesday with an announcement on interest rates coming the following day. Most analysts predict the central bank will cut interest rates by a quarter point, or 25 basis points. That would follow a 50-basis points reduction earlier this fall - the first lowering of rates in four years.
>>Striking Boeing Machinists Set To Vote On New Contract Offer (Seattle, WA) -- Boeing machinists will be voting today on a new contract offer that could end weeks-long strike. The International Association of Machinists, which represents about 33-thousand workers, has endorsed a tentative deal that would offer 38 percent wage raises over four years. Union members, however, also want their pension plan to return - something the new offer does not include.
>>New York Times Tech Union Threatens To Strike Ahead Of Election Day
(New York, NY) -- Hundreds of tech workers at "The New York Times" are threatening to walk off the job ahead of Election Day. The New York Times Tech Guild announced Friday that in order to avoid a strike, an agreement needs to be reached before the election. The guild says it has entered the third year of contract negotiations and is fighting for things like better wages, hours, benefits and job security. The Tech Guild is made up of about 700 tech workers who construct the newspaper's most profitable products like its website and podcasts. A New York Times Company spokesperson said that the company will work with the guild to reach an agreement.
>>TGI Fridays Files For Bankruptcy
(Houston, TX) -- TGI Fridays is filing for bankruptcy. The American casual dining chain filed for bankruptcy protection Saturday in a Texas court. In a statement, the executive chairman of TGI Fridays said the COVID-19 pandemic and the company's capital structure were the "primary driver" of the financial challenges. The filing impacts TGI Fridays' parent company, which operates 39 restaurants. These locations will remain open as the bankruptcy proceedings move forward.
>>Starbucks Releases Its Cups For The 2024 Holiday Season
(Undated) -- Starbucks has unveiled its new holiday cup collection. The holiday cup theme this year is "Merrier Together." The collection includes four hot cups and one cold cup. The cup names are Warm Wishes, Joyful Connection, Lyrical Landscape, Siren Chorus and the Holiday Cold Cup.
>>November Is A 3-Payday Month
(Undated) -- For some employees who get paid every other week, November is a three-payday month, coming just in time for the holidays. Matthew Goldberg with Bankrate says three-payday months generally happen twice per year. His advice is to budget for the typical two-payday month throughout the year so the extra paycheck feels more like a bonus.
