Here is a rundown of Cheddar News' top trending market stories of the day. 

APPLE LABOR VIOLATIONS

The U.S. National Labor Relations Board (NLRB) has ruled that various Apple policies violate labor laws designed to protect workers' right to collective action. The investigation began in 2021 after two former employees accused the company of maintaining work rules that banned discussing wages, hours or other terms of employment. The agency is also looking into statements from Apple executives that could have violated the National Labor Relations Act. 

PENDING HOME SALES RISE 

Pending home sales went up in December for the first time in six months, according to the National Association of Realtors. The measure jumped 2.5 percent from the month before, though the year-over-year measure is still down 33.8 percent. Some experts see the data as a turning point for the battered housing market. “This recent low point in home sales activity is likely over,” said NAR Chief Economist Lawrence Yun. “Mortgage rates are the dominant factor driving home sales, and recent declines in rates are clearly helping to stabilize the market.”

IMPOSSIBLE FOODS LAYOFFS

Impossible Foods is laying off 20 percent of its workforce or about 100 employees. This is the second round of cuts in less than six months. The company laid off 6 percent of its workers in October. In a controversial move, CEO Peter McGuinness quoted Martin Luther King Jr. in the initial layoff announcement. He has since apologized. The much-hyped maker of plant-based meat substitutes has struggled to maintain its ambitious growth plans in recent years. 

SHOWTIME JOINS PARAMOUNT+

Paramount Global said it is fully integrating its streaming service, Paramount+, with Showtime. The integration will rebrand the company's streaming offering as Paramount+ with Showtime. The latter channel, available for an extra fee in pay-TV bundles, will now feature Paramount+ original series and spinoffs of popular shows such as "Yellowstone" and "Criminal Minds."  

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Boeing defense workers on strike in the Midwest turn down latest offer
Boeing workers at three Midwest plants where military aircraft and weapons are developed have voted to reject the company’s latest contract offer and to continue a strike that started almost three months ago. The strike by about 3,200 machinists at the plants in the Missouri cities of St. Louis and St. Charles, and in Mascoutah, Illinois, is smaller in scale than a walkout last year by 33,000 Boeing workers who assemble commercial jetliners. The president of the International Association of Machinists says Sunday's outcome shows Boeing hasn't adequately addressed wages and retirement benefits. Boeing says Sunday's vote was close with 51% of union members opposing the revised offer.
FBI’s NBA probe puts sports betting businesses in the spotlight
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
Tesla’s profit fell in third quarter even as sales rose
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