Londoners faced travel chaos Thursday after around 10,000 transport workers walked off their jobs for the second day this week, leaving almost all of the capital's subway lines suspended or severely disrupted.
Members of the Rail, Maritime and Transport union were on strike for 24 hours in a dispute over jobs, pensions and working conditions. Picket lines were set up outside subway stations, and huge queues built up at bus stations and taxi ranks across the city as people tried to get to work by other means.
Transport for London asked people to work from home if they could.
A strike on Tuesday led to the underground network, known as the Tube, being suspended during rush hour, and disruptions continued on Wednesday. Officials have warned that a knock-on impact to services will continue until Friday morning.
The transport union says it wants assurances that spending cuts linked to a government funding deal will not cause hundreds of job losses, reduced pensions and worse working conditions.
Britain's government has had to bail London transport out because of huge losses in revenue caused by the pandemic. As part of that funding deal, London's mayor has had to find millions in savings and review transport workers' pensions.
Union leaders say they are open to talks if officials can offer a “concrete solution.”
But Andy Lord, Transport for London's chief operating officer, stressed that no changes have yet been tabled and said “this action is completely unnecessary."
A surge in holiday spending could help combat inflation worries.
Peacock shared the trailer for the second season of the celebrity competition show, 'The Traitors.'
Darden, the parent company of chain restaurants like Olive Garden and Ruth's Chris Steakhouse, beat Wall Street estimates in its latest earnings report.
A former Facebook executive pled guilty to stealing more than $4 million from the company while she was employed there.
Rising safety concerns over water bead products marketed to kids have prompted major retailers like Amazon, Target and Walmart to pull some toys off their shelves.
The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years.
Intel is out with a new product to challenge other big players in the space like Nvidia and AMD.
Stocks fell after the opening bell Friday but will end on another positive week.
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Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
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