July Jobs Report Shows U.S. Economy Continues to Grow

The U.S. economy added 157,000 jobs in July and the unemployment rate ticked down to 3.9% in a jobs report that was below analysts’ expectations but still showed an economy humming along. Experts had expected job gains of 190,000 for the month. Among the sectors adding the most positions were manufacturing with 37,000, health care […]

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Five More Nike Employees Fired As A Result Of Harassment Investigation

Nike announced this week that five more of its top level executives would be departing the company after an internal inquiry by female Nike employees found a problem of sexual harassment and work-place bias against women. Six people have already been fired or resigned due to the investigation, the results of which were handed to […]

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Retail’s Other Problem – Too Few Salespeople

Tens of millions of square feet of retail space has gone dark this year but now retailers are facing another crisis: too few salespeople. Many of the nation’s biggest store-chains have been cutting staff at an even faster pace than they have been closing stores, leaving remaining locations with longer checkout lines and increasingly frustrated […]

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Amazon Announces Discounted Prime Benefits Membership for Medicaid Recipients

Online retail giant Amazon.com has announced that it will begin offering membership in its Prime shopping club at about a 50% discount to lower income Americans yesterday.  The company announced it will offer Prime membership to Medicaid recipients at $5.99 per month.  Regular price for the benefits program is $12.99 per month. Amazon Prime members […]

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Cigna to Merge with Express Scripts in $53 Billion Deal

Cigna Corporation has struck a deal to buy pharmacy benefits manager Express Scripts Holding Co today in a deal that is reportedly worth $53 billion.  The deal comes on the heels of another mega-merger – a $69 billion deal between other larger insurer Aetna and a major competitor of Express Scripts’, CVS Health Corp.  That […]

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