Wednesday’s Business Headlines – WISH-TV | Indianapolis News | Indiana weather

INDIANAPOLIS (WISH) – Here’s a look at some of Wednesday’s business headlines.

Historic drought

A historic drought in the western United States is weighing heavily on California’s $ 6 billion almond industry, which produces about 80% of the world’s almonds.

More and more producers are having to abandon their orchards because water becomes scarce and expensive.

Chrysler

A federal judge fined Fiat Chrysler US Chrysler $ 30 million on Tuesday after the automaker admitted it paid United Autor Workers executives to try to secure concessions in negotiations spanning thousands of dollars. factory workers.

The automaker pleaded guilty in March to conspiracy. His conviction follows a string of guilty pleas from UAW officials who received more than $ 3.5 million in cash and valuables from a jointly run training center over an eight-year period. .

Airbnb

Airbnb announced that it is banning overnight bookings for entire homes in the United States over Halloween weekend in an effort to promote safety and prevent unauthorized parties over the weekend. holidays.

However, Airbnb has said it will make exceptions for customers with a history of positive reviews.

The vacation rental platform said previous bans reduced incidents by nearly 50%.

Home deposit

Home Depot said it quickly sold out an early version of Halloween merchandise.

Last year, The Home Depot said it had its most successful Halloween event ever when it quickly sold the stock of a 12-foot skeleton.

Strong early Halloween sales indicate consumers will be eager to decorate their homes this fall and winter.

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