Business Edge Podcast | Episode 3

No guest so let's talk about some business headlines of the week.

1) UAW expands strike against Stellantis, targets their largest plant. (Stellantis is Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Lancia, Maserati, Mopar, Opel, Peugeot, Ram, Vauxhall)

2) Labor strike shuts down St. Lawrence Seaway shipping artery in Michigan.

3) Chevron buys Hess for $53 Billion in new oil deal.

4) Costco changes leadership and members continue to renew memberships at 94%.

5) Nokia to cut up to 14k jobs because of market uncertainty.

6) Real estate deals are getting cancelled at the highest rate in a year as mortgage rates keep going up.

7) CVS, Walgreens and Rite Aid are closing thousands of stores nationwide.

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