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Thursday’s business headlines

INDIANAPOLIS (WISH) — Here’s a look at Thursday’s business headlines with Jane King.

GDP report expected Thursday

The broadest measure we have of economic growth is due out today.

It’s the Gross Domestic Product Report and it’s expected to show some growth in the first three months of the year.

However, the growth is expected to be slowing as layoffs occur and businesses pull back on spending.

Stellantis will offer buyouts to thousands of workers

Stellantis, the owner of Chrysler, Fiat, and Jeep, will reportedly offer buyouts to tens of thousands of workers, citing “‘increasingly competitive global market conditions and the necessary shift to electrification.”

According to The Wall Street Journal, impacted employees will get details about the various offers next week.

Stellantis employs more than 7,000 people in Kokomo, but the automaker has not said if buyouts will be offered to anyone there.

The Container Store honoring Bed Bath & Beyond coupons

If you’ve still got a bed bath and beyond coupon, you may be in luck.

The Container Store is offering a 20% discount off any single item through May 31 for customers who “bring a competitor’s blue coupon to any store location.”

Bed Bath & Beyond filed for bankruptcy Sunday and said it would close all its stores. The failing retailer stopped accepting coupons Tuesday.

Disney sues Florida Governor Ron DeSantis

The Walt Disney Company has filed a lawsuit against Florida Governor Ron DeSantis and other officials.

Disney is accusing DeSantis of orchestrating a “campaign of government retaliation” against the company and violating its protected speech.

Disney’s former CEO said he’d work to overturn a law banning discussion of sexual orientation and gender identity in elementary schools. Not long after, Republican lawmakers passed a bill that stripped Disney of its self-governing authority.

Study: 77% of social media users experience ‘foodmo’

Foodmo, the fear of missing out on new food trends, is a thing and it’s reportedly affecting a lot of people on social media.

A poll by OnePoll on behalf of Envy Apples found that out of all Americans who use social media, 77% of them reported food-related FOMO — the fear of missing out — and nearly as many said they instantly crave food when they see it online.