In a recent video, International Longshoremen’s Association (ILA) International President Harold Daggett explicitly warned the powers that be that the union under his wing could alter the course of the U.S. economy if a favorable deal was not reached and a strike were to take place at midnight on October 1. “I will cripple you and … Read more
Celebrity Cruises has very quietly set itself up for an incredible next couple of years. In a recent email the cruise line recently laid out its plans in broad detail. After Celebrity Xcel, the cruise line’s latest Edge-Class ship, debuts in autumn 2025, it will sail out of Europe in 2026, offering Celebrity’s first overnights in Madeira, … Read more
Distressed businesses often file for Chapter 11 bankruptcy to reorganize their operations and financial condition under court protection to allow them to continue operating. When all seems lost and a company can no longer operate, businesses might go one step further and file for Chapter 7 bankruptcy to liquidate and shut down their operations. Don’t … Read more
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. While there are a ton of options for patio sets, grills or fire pits to spice up your outdoor area, a swing glider is often a fan favorite — and in … Read more
When it comes to personal finance and financial planning, everyone has an opinion. Of course some opinions are actually worth listening to. And some advice has even stood the test of time, such as what you’ll read below from Benjamin Franklin and Thomas Edison. Other advice makes more sense in our modern world. But the … Read more
Norwegian Cruise Line has promised to give its passengers more onboard offerings and more value for their cruise fares. “We have invested a lot of time listening to our guests and our travel partners…and we’ve found that what they want is to see more, do more and enjoy more when they vacation with us,” David J. … Read more
Although every state in the U.S. has its own minimum wage laws for before and after tips, the Fair Labor Standards Act (FLSA) stipulates that the federal minimum wage for employees who receive tips for their work must be $2.13 per hour. Additionally, that minimum wage combined with tips should amount to the federal minimum wage … Read more
While cruise lines like to sell add-ons because they make the company more money, some extra-fee items also prevent customer service issues. A drink package, for example, makes it so the cruise line does not have to deal with angry passengers who run up huge a la carte bills. Some people don’t listen and, well, … Read more
As you’re undoubtedly aware, publicly-traded stocks make up a large portion of super investor Warren Buffett’s Berkshire Hathaway (BRK.B) . The company owns more than 40 positions with a market value near $300 billion, close to one-third of Berkshire’s $984 billion market capitalization. So, these holdings matter to the company. Financial icon Warren Buffett, America’s investor-in-chief … Read more
Popular clothing retailer H&M (HNNMY) , which operates over 500 stores in the U.S., is beginning to feel the brunt of a major change in consumer behavior. The retailer just revealed in its third-quarter earnings report for 2024 that its customers are starting to pull back on their spending, and it’s having a negative impact on … Read more