Why Corporate America is jumping for joy while millions of workers remain jobless
America’s CEOs are the most confident they have been in 17 years, as company leaders expect fewer layoffs and further improvements in the…
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‘The Muppet Show’ showcases the seemingly endless depth of Disney+
Over on Disney+ it’s time to play the music; it’s time to light the lights as “The Muppet Show” debuts on the service Friday.…
Continue Reading Dole Packaged Foods’ US workers will soon make $15 an hour
All of Dole Packaged Foods’ US-based employees will make at least $15 an hour within a few months, the company says. “The $15 an hour…
Continue Reading Facebook, Robinhood, Uber: Tech companies feel the heat from regulatory threats
How Facebook, Uber and Robinhood run their businesses is under threat around the world, a warning sign for investors who have been all too willing to…
Continue Reading Toro issues nationwide recall for a snow blower that carries the risk of amputation
As winter storms sweep the US, you may be using your snow blower more than ever. And if it’s made by Toro, it’s time to check your model…
Continue Reading Citi made a $500 million mistake. Here’s how that would play out for regular people
Citigroup lost a court battle Tuesday to claw back $504 million it mistakenly wired to Revlon’s lenders in August. But don’t get your…
Continue Reading No slowdown in sight for IPOs or SPACs
The market for new stocks continues to sizzle — with no signs of a slowdown for initial public offerings or special purpose acquisition company…
Continue Reading ‘Heartbreaking:’ 5 restaurant owners share what it was like to shut down
For nearly a year, restaurant operators across the country have had to ask themselves a devastating question: Can we afford to stay open? The…
Continue Reading China arrests Australian TV host on suspicion of spying
An Australian employee of China’s state broadcaster CGTN has been arrested on suspicion of “illegally supplying state secrets…
Continue Reading Kroger will close more stores over hazard pay laws for workers
Kroger will close two stores in Seattle over the city’s $4-an-hour hazard pay requirement for grocery workers, an escalation of the grocery…
Continue Reading 5 questions that need answers at the GameStop hearing
Congressional hearings often involve a lot of grandstanding. But as the House Financial Services Committee prepares to grill major players in the…
Continue Reading Exclusive: Christine Lagarde says countries must not ‘brutally’ pull stimulus
Some politicians are worried that countries will borrow too much to prop up the economy over the coming year. Christine Lagarde doesn’t share…
Continue Reading McDonald’s links executive pay to diversity targets
McDonald’s will tie executive pay to diversity goals and aim to hit gender parity in management by the end of 2030 as the company tries to…
Continue Reading Jobless claims jump: Another 861,000 Americans filed for initial benefits last week
Another 861,000 workers filed for unemployment benefits for the first time last week, according to seasonally adjusted data released Thursday from…
Continue Reading Corporate America bands together to get people vaccinated and safely back to work
A group of businesses and nonprofit organizations are banding together to speed up and strengthen their companies’ response to the pandemic.…
Continue Reading Maxine Waters is planning to call multiple hearings on the GameStop frenzy
Congresswoman Maxine Waters plans to thoroughly investigate the GameStop trading frenzy by holding multiple hearings on the matter. Waters, the…
Continue Reading What’s next for Rush Limbaugh’s show?
Upon hearing about Rush Limbaugh’s death on Wednesday, many fans said he was irreplaceable. For the time being, his distributor is not going to…
Continue Reading Grocery store workers have been on the front lines for a year, but they’re struggling to get the Covid vaccine
Grocery store workers in the United States have been stocking shelves, handling customers and keeping stores tidy in challenging and sometimes…
Continue Reading Walmart just boosted pay to $15. It’s not what you think
Walmart announced pay bumps Thursday that will bring its average hourly wage to over $15 an hour. But the move still falls short of the $15 minimum…
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