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Category: Business

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UPS workers approve 5-year contract, capping contentious negotiations that threatened deliveries

Written by Fort Lauderdale Mortgage Syndicated User on . Posted in Business, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Latest Headlines, National News, News.

By HALELUYA HADERO and MATT OTT (AP Business Writers) The union representing 340,000 UPS workers said Tuesday that its members voted to approve the tentative contract agreement reached last month, putting a final seal on contentious labor negotiations that threatened to disrupt package deliveries for millions of businesses and households nationwide. The Teamsters said in a statement that 86% of the votes casts were in favor of ratifying the national contract. They also said it was passed by the highest vote for a contract in the history of the Teamsters at UPS. The union said more than 40...

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Disney park revenue slumps in Orlando but grows globally

Written by Fort Lauderdale Mortgage Syndicated User on . Posted in Business, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Network.

Revenue is up for Walt Disney Co.’s theme parks globally, but down at Walt Disney World, according to third-quarter financial results released by the company Wednesday. CEO Robert Iger pointed to a flattening of attendance after the end of Disney World’s 50th anniversary celebration and other contributors for the dip. “Also, as post-COVID pent-up demand continues to level off in Florida, local tax data shows evidence of some softening in several major Florida tourism markets, and the strong dollar is expected to continue tamping down international visitation to the state,” Iger said. The company...

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Musk says Twitter to change logo to “X” from the bird. Changes could come as early as Monday.

Written by Fort Lauderdale Mortgage Syndicated User on . Posted in Business, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Latest Headlines, National News, News.

By ANNE D’INNOCENZIO (AP Retail Writer) NEW YORK (AP) — Elon Musk said Sunday that he plans to change the logo of Twitter to an “X” from the famous blue bird, marking what would be the latest big change since he bought the social media platform for $44 billion last year. In a series of posts on his Twitter account starting just after 12 a.m. ET, Twitter’s owner said that he’s looking to make the change worldwide as soon as Monday. “And soon we shall bid adieu to the twitter brand and, gradually, all the birds,” Musk wrote on his account. The change isn’t surprising given Musk’s long history...

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Bank of America hit with $250M in fines and refunds for ‘double-dipping’ fees and fake accounts

Written by Fort Lauderdale Mortgage Syndicated User on . Posted in Business, Crime and Public Safety, Florida News, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, National News, News.

By KEN SWEET and MICHELLE CHAPMAN (Associated Press) NEW YORK (AP) — Bank of America will reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on credit cards and opening accounts without customer consent. Combined, it is one of the highest financial penalties in years against Bank of America, which has largely spent the last 15 years trying to clean up its reputation and market itself to the public as a bank focused on financial health and not on overdraft fee income and financial trickery. BofA must refund...

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