1 in 5 Business Owners Say Finding Workers Single Biggest Problem

Small business owners are continuing to hire at near-record levels, according to a monthly jobs report published by the National Federation of Independent Business. Sixty-three percent of owners reported either hiring or attempting to hire new employees in the last month, an increase of five points from the previous month, and the highest level of […]

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U.S. Adds 213,000 in Positive Jobs Report

The U.S. economy added 213,000 jobs in June, details a jobs report that shows an economy that is growing at near-record levels. Construction jobs added 13,000 jobs in the month, health care added 25,000 and professional and businesses services, leading all other industries, added 50,000 new positions. Even manufacturing, seemingly unbothered by the bourgeoning trade […]

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Yelp Cannot Be Ordered to Remove Negative Reviews, Says Court

The California State Supreme Court has ruled that review platform Yelp.com cannot be ordered to remove negative posts in a landmark decision that may have widespread implications for businesses and their online profiles. In 2013, attorney Dawn Hassell briefly represented a client in a personal injury case. That client falsely claimed, among other things, that […]

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Amazon Looking to Fund Entrepreneurs Who Want to Deliver its Packages

Amazon has announced the launch of a new program that allows entrepreneurs to build their own businesses delivering Amazon’s packages. Successful owners, the company says, can earn as much as $300,000 operating a fleet of up to forty delivery vehicles. The move is seen as a play against package-delivery giants UPS, FedEx and DHL. “We […]

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Uber Tests Longer Wait Times in Exchange for Cheaper Rides

Uber, the mega-ride-hailing company, is experimenting with allowing customers to wait longer for a ride in exchange for lower rates. The revelation was made by an employee who tweeted a screenshot of a ride request on the app with a message under it that read, “Prices are lower at 17:00…If you’re OK leaving later, we’ll […]

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General Electric Removed from Dow Jones Industrial Average

General Electric, the global industrial equipment firm, has been removed from the Dow Jones Industrial Average. It had been a part of the index since the Dow’s creation in 1896. With GE’s removal, every original member of the index has now been removed. GE will be replaced with Walgreen Boots Alliance, Inc., the mega drugstore […]

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Trump Administration Imposes Record Penalties on Chinese ZTE

U.S. Commerce Secretary Wilbur Ross announced fines of over $1.4 billion against ZTE last week in an agreement that would allow the Chinese telecommunications giant to continue purchasing materials critical to its business from U.S. companies. Under the terms of the agreement the company has agreed to pay $1 billion before the Commerce Department’s Bureau […]

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Howard Schultz Steps Down as Starbucks Chairman

Starbucks Executive Chairman Howard Schultz announced he will be stepping down from his position on June 26 this week. He will instead become the company’s chairman emeritus. Schultz made the announcement in a memo sent to Starbucks employees on Monday. “It seems like yesterday that I first walked into the Pike Place store, stepped across […]

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Unemployment Rate at Lowest Rate in 18 Years

The U.S. economy added 223,000 jobs in May, beating expectations and delivering a positive jobs report, indicating a bustling economy. The unemployment rate fell to 3.8%, the lowest it’s been since 2000. Economists had been expecting an addition of 190,000 and the unemployment rate remaining steady at 3.9%. Perhaps the most positive news in the […]

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