U.S. inflation hit a six-year high last month delineating the reason workers are not feeling real increases in their wages. Americans are finding it difficult to realize real increases in their take-home pay despite an economy that is growing at …
Continue Reading
The Department of Justice has decided to appeal a federal judge’s decision to approve a merger between AT&T and Time Warner.
Last month U.S. District Court Judge Richard Leon OK’d the proposed mega merger clearing the way for the $85 …
Continue Reading
Global coffee giant Starbucks announced it will be phasing out plastic straws from its more than 28,000 stores worldwide by 2020, in a bid to become environmentally sustainable. In place of straws, the company will be bringing into use a …
Continue Reading
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 …
Continue Reading
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 …
Continue Reading
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 …
Continue Reading
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 …
Continue Reading
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 …
Continue Reading
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 …
Continue Reading
Tesla CEO Elon Musk sent an email to all company employees Sunday night informing them of sabotage done to the firm by a disgruntled employee. A copy of the email was obtained by CNBC.
“I was dismayed to learn …
Continue Reading
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 …
Continue Reading
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…
Continue Reading
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 …
Continue Reading
The U.S. Equal Employment Opportunity Commission is investigating Intel for age discrimination, according to information received by The Wall Street Journal. According to The Journal, several former employees consulted attorneys about whether they could bring lawsuits against …
Continue Reading
The Trump administration has reached a deal that would keep Chinese telecom giant ZTE in business it was announced yesterday. The administration had previously barred it from doing business with American companies, including San-Francisco-based microchip maker Qualcomm, a main ZTE …
Continue Reading
America’s most in-demand job right now is data scientist, according to industry analysts. Job postings for the positions rose 75% from January 2015 to January of this year at online job board Indeed.com.
Average salaries are about $119,000 and …
Continue Reading
Department store chain Sears announced this week that it will offer full service tire installation through Amazon.com. The company says the service will begin in a couple weeks and will start with forty-seven Sears Auto Center locations in Atlanta, Dallas, …
Continue Reading