Social Security: Without reform, retirees could lose this much in annual benefits, report says

If Social Security is depleted by 2033, as is currently projected without reform, there would be a mandated 21% across-the-board Social Security benefit cut for retirees, the report says.

Prime IV helps keep AZ seniors hydrated
video

IV company, Prime IV, is partnering with local assisted living facilities to make sure elderly residents stay hydrated during these hot months. FOX 10's Dominique Newland has the story.

Red Lobster may exit bankruptcy protection soon

Red Lobster is set to exit Chapter 11 bankruptcy protection after a judge approved its reorganization plan. The seafood chain plans to operate 544 locations and will introduce a new CEO, Damola Adamolekun, as it looks to stabilize its business following financial struggles and restaurant closures.

Fry's parent company CEO defends Albertsons merger
video

The CEO of Kroger, the parent company of Fry's in Arizona, defended the company's proposed merger with Albertsons during a federal court hearing. During the hearing, Rodney McMullen insisted the merger would allow the two companies to lower prices and better compete with other retail giants, like Walmart and Amazon. If approved, the Kroger/Albertson merger will be the largest merger of its kind in U.S. history.

Verizon to buy Frontier in $20B deal

Verizon is acquiring Frontier Communications in the massive deal to boost its network, while helping its efforts in artificial intelligence.

Leak reveals how much Disney made from Genie+ park pass, Disney+ streaming

Information leaked from the Walt Disney Company earlier this summer includes passport numbers of cruise line workers, revenue generated from Disney+ and Genie+ (now Lightning Lane) and guest data.

McDonald's give classic menu item a 'makeover' amid push to reverse sales decline

Starting next week, McDonald's customers in the U.S. ordering McFlurry sweet treats will notice updated packaging and a different size available to purchase.

Biden reportedly to block Nippon Steel's $14.9B takeover of U.S. Steel

President Joe Biden is expected to block Japan-based Nippon Steel's proposed $14.9 billion acquisition of Pennsylvania-based U.S. Steel on national security grounds, according to reports.

Why are so many restaurant chains filing for bankruptcy this year?

The year has not even reached its fourth quarter and bankruptcies among restaurant chains, operating companies and large franchisees are already nearly double what they were in 2023.

Activist investor controls enough of Southwest Airlines to call for special shareholder meeting

Elliott Investment Management has been pushing for big changes at the Dallas based airline, including dumping its CEO and chairman. Now, it looks like they're making good on their promise.

Hotel strikes: See list of the US hotels impacted

Thousands of workers at 25 U.S. hotels are on strike as they push for higher pay and better workloads.

Job offers through texts? Be careful, it's likely a scam

Phishing is a type of online scam that tries to get victims to give away personal information to bad actors.

AI: Job killer or catalyst for change? How technology is transforming employment

Artificial intelligence is increasingly enabling employers to automate tasks previously performed by humans, but it may not be the job killer some feared.

Hotel workers strike across major US cities. What it means for guests

Approximately 10,000 hotel workers, represented by the UNITE HERE union, went on strike at 24 hotels across eight U.S. cities, including Honolulu, Boston, and San Francisco.

Arizona union shares meaning of Labor Day
video

In 1894, Congress signed a law creating an official Labor Day on the first Monday in September. While many will celebrate with an extra day off, a union in Arizona is also celebrating how this day came to be well over a century ago. FOX 10's Steve Nielsen has more.

Tools and Tiaras' teaching trade skills to girls

Tools and Tiaras is a nonprofit on a mission to change the stigma about working in skilled trades, especially when it comes to girls.