Starbucks has announced that they will be opening up their bathrooms to all users – customers and non-customers alike. A new bathroom policy says that even those who don’t purchase anything at the restaurants can use their facilities.
“We …
Continue Reading
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 …
Continue Reading
U.S. job openings now nearly match unemployed workers, according to Labor Department data and Bloomberg News.
The April jobs report showed that the U.S. economy added 164,000 jobs. Jobs figures for February were revised slightly downward but were revised …
Continue Reading
Nestle struck a $7.5 billion deal with Starbucks this week that will give the Swiss food and beverage company exclusive rights to sell Seattle’s signature coffee in stores around the world. The deal, was announced Monday, allows Starbucks to turn …
Continue Reading
The U.S. economy added 164,000 jobs last month in a positive jobs report that indicated the country’s near-record expansion is continuing unabated. Economists were expecting an increase of about 193,000 jobs, but revisions to job figures for February (slightly downward), …
Continue Reading
The current United States economic expansion is the second longest in the nation’s history. The streak became the second-longest on record days before the Federal Reserve Bank is set to decide, in a two-day meeting, whether to increase interest rates …
Continue Reading
T-Mobile and Sprint have announced a merger that will create one of the largest telecom companies in the U.S. The deal is estimated to be worth about $26 billion. It will position the new company as a strong competitor to …
Continue Reading
Ford Motor Co. has announced this week that it will eliminate all but two car models from North American dealerships by 2020.
“For example, by 2020, almost 90 percent of the Ford portfolio in North America will be trucks, utilities …
Continue Reading
Twenty North American cities are competing to land the next headquarters for online-retail giant Amazon.com. Reports are that the company has now narrowed the list down to a handful of cities.
The site that’s picked is expected to …
Continue Reading
The amount of retail space slated to close in 2018 is on pace to be an all-time record according to commercial real estate services firm CoStar Group. As of April the number of square feet of that has gone dark …
Continue Reading
General Motors has announced that it will lay off close to 1,500 workers from a plant in Ohio. The move is due to market shifts in consumer demands from compact cars to SUV’s and pickup trucks. The shift is attributable …
Continue Reading
Airbnb is being sued by the municipality of Paris for reportedly listing unauthorized houses for short-term renting on their website. A hearing has been scheduled for June 12 in a Paris court. The lawsuit, which also involves two other smaller …
Continue Reading
In an effort to ease rising tensions between the China and the U.S., Chinese President Xi Jinping announced that tariffs on automobile imports would be lowered “significantly” this year. The move, Xi says, is part of a “new phase …
Continue Reading
Sinclair Broadcasting, already faced a backlash after Deadspin.com released an edited video of anchors reading, in unison, a prepared statement about fake news, finds itself again being criticized over an aid it aired on its stations urging viewers to oppose …
Continue Reading
The Chinese government has announced about $3 billion in tariffs on U.S. imports to the country in response to U.S. tariffs on steel and aluminum imports from China, as well as other nations, last month. The Chinese tariffs will be …
Continue Reading
President Donald Trump directed attacked Amazon.com Saturday accusing the online retail giant of cheating the U.S. Postal Service out of billions of dollars by paying considerably less than market rates to have their packages delivered. The President made the charge …
Continue ReadingAttorneys for the White House are looking into whether the President’s son-in-law, Jared Kushner, violated ethics regulations by meeting with banking executives who then lent his family’s real estate business hundreds of millions of dollars.
Kushner had several meetings …
Continue Reading