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Wednesday’s business headlines – WISH-TV | Indianapolis News | Indiana Weather

Mount Equity Group Tokyo, Japan > News > Business > Wednesday’s business headlines – WISH-TV | Indianapolis News | Indiana Weather

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

Historic drought

A historic drought across the U.S. West is taking a heavy toll on California’s $6 billion almond industry, which produces roughly 80% of the world’s almonds.

More growers are expected to abandon their orchards as water becomes scarce and expensive.

Chrysler

A federal judge fined Fiat Chrysler U.S. Chrysler $30 million on Tuesday after the automaker admitted that it paid off United Autor Workers leaders to try to win concessions in negotiations covering thousands of factory workers.

The automaker pleaded guilty in March to conspiracy. Its conviction follows a series of guilty pleas from UAW officials who were showered with more than $3.5 million in cash and items of value from a jointly run training center over an eight-year period.

Airbnb

Airbnb announced that it’s banning one-night…

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