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The Gazette in Medina, Ohio

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Sep 20, 2023

Page

6

Clorox faces months of product shortages after cyberattack

Cyber criminals disrupted Clorox’s production and ordering systems, prompting offline operations and reduced output. The firm expects shortages through March with potential material impact on Q1 results. Recovery aims for normal processing by late September, but escalating outages threaten shelves for months.

Clorox Securities and Exchange Commission Clorox Co

Plan pledges balanced budget by cutting discretionary spending

House Republicans unveil a long delayed budget blueprint to balance the federal budget over ten years through steep discretionary cuts and new work requirements. It projects a $16.3 trillion deficit reduction, a $130 billion surplus after ten years, and bipartisan Medicare changes while Social Security and Medicare stay largely intact. Democratic critics in the Senate vow no support, calling the plan extreme and dangerous.

Washington House House Budget Committee Senate Republicans For Fiscal Responsibility Jodey C. Arrington Texas Republican Arrington Congress Brendan FE Boyle D-Pa MAGA Boyle

Wall Street slips ahead of rate decision

U S stocks fell with the S P 500 down 0 2 percent to 4 443 95 Dow off 106 57 Nasdaq 13 678 19 as investors await the Federal Reserve decision with expectations of no rate change but eyes on future projections and potential rate cuts next year amid a softer inflation picture and a shaky housing start reading for August and permits rising.

New York U.S Wall Street Federal Reserve Fed Joe Davis Vanguard Dow Industrials Dow Transportation Dow Utilities NYSE Nasdaq S&p Wilshire Russell

UAW Threatens Expansion Of Strike At Big Three

The United Auto Workers threaten to widen a five day strike unless major progress is reached by Friday. President Shawn Fain frames a noon Friday deadline while Ford GM and Stellantis seek common ground as 13 000 workers remain on picket lines across Michigan Missouri and Ohio.

United Auto Workers Union Detroit UAW Shawn Fain Fain Ford General Motors Stellantis Mark Stewart Fiat Chrysler Stewart CNBC U.S Washington White House Debbie Dingell Michigan Ford Assembly Wayne Wentzville Missouri Toledo

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