Restaurants have a new challenge: Finding workers
A few weeks ago, Philippe Massoud posted online ads looking for a cook to hire at ilili, his New York City restaurant. Typically, he said, 60 or 80…
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Alexa, should I get bangs? Amazon is opening a hair salon in London
Good news for people looking to get a post-pandemic chop: Amazon is opening a hair salon in London. Yes, you read that right. The world’s…
Continue Reading Nearly 10% of American families struggled with unemployment last year
The pandemic devastated the once strong US labor market — that much we already knew from various economic data. On Wednesday, the Bureau of Labor…
Continue Reading How JPMorgan Chase got European football so wrong
By Julia Horowitz, CNN Business When JPMorgan Chase agreed to finance a breakaway competition of some of the world’s richest soccer clubs, it…
Continue Reading 90-year-old Hong Kong woman loses $32 million in phone scam
Hong Kong police have arrested a man after a 90-year-old woman lost around HK$247 million ($32 million) in a scam. The woman contacted police on…
Continue Reading Here’s why car prices are at record highs — and still rising
Car dealer lots have only a fraction of the vehicles that they typically have — both new and used. It’s helping send prices to record…
Continue Reading Taco Bell will start reusing hot sauce packets
Taco Bell’s plastic sauce packets have a short life. After all, what else are you supposed to do with them after they’re squeezed to…
Continue Reading Here come the dreaded post-pandemic price increases
For months, investors have been bracing for signs that prices will increase as the post-pandemic economic recovery gathers steam. Well, they’re…
Continue Reading Protesters upstage Tesla at China’s top auto show
Tesla has been swept up in yet another controversy in China, even as the company tries to win new customers there with cars it says will be…
Continue Reading Netflix’s subscriber growth slows as vaccinations ramp up and rivals gain strength
Netflix had a huge first quarter last year thanks to the pandemic keeping people inside. Now with vaccinations ramping up, Netflix kicked off 2021…
Continue Reading Billionaire turns down Elizabeth Warren’s offer to testify on her wealth tax
Billionaire Leon Cooperman rejected Senator Elizabeth Warren’s invitation to testify on her proposed wealth tax, saying he has no interest in…
Continue Reading Homes in Black neighborhoods are undervalued by $46,000 on average
A pair of recent real estate studies are shedding light on how people of color have been consistently disadvantaged in the US housing market for…
Continue Reading Kobe Bryant’s estate ends nearly two-decade deal with Nike
The nearly two-decade relationship late basketball player Kobe Bryant and Nike has ended. Bryant was “an important part of Nike’s deep…
Continue Reading Boeing won’t force CEO Dave Calhoun to retire just because he’ll be turning 65
Dave Calhoun, Boeing’s CEO for the company’s worst year ever, will get to stay around to try to lead the aerospace giant’s rebound…
Continue Reading Natty Light Frozen Icicles are coming this summer
Natural Light is instantly recognizable for its cheap beer. But the 44-year-old brand is branching out to keep fickle drinkers satisfied. The brewer,…
Continue Reading Xi Jinping says ‘bossing others around’ won’t work as US ups pressure on China
Chinese President Xi Jinping has called for global cooperation in the face of a growing anti-China front led by the United States, warning that an…
Continue Reading You could soon pay more for Pampers, Tampax and more
Add Pampers and Tampax to the list of brands you may soon pay more for at the store. Procter & Gamble said Tuesday that it will raise prices on…
Continue Reading Two Canadian railroads launch bidding war for rare access to Mexico
All aboard! There’s a bidding war in the railroad industry. Canadian National is offering to buy Kansas City Southern for $33.7 billion,…
Continue Reading Fyre Festival settlement may award ticketholders more than $7,000 each
Nearly four years after the infamous Fyre Festival flamed out, scammed ticketholders might finally see some restitution for the biggest party that…
Continue Reading You could soon pay more for Pampers, Tampax and other brands
Add Pampers and Tampax to the list of brands you may soon pay more for at the store. Procter & Gamble said Tuesday that it will raise prices on…
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