Walmart is laying off corporate employees, the company confirmed Wednesday. The retail giant described the layoffs as a way to “better position the company for a strong future.” Walmart declined...
Elastomeric respirators are an industrial-grade face mask familiar to car painters and construction workers. The Centers for Disease Control and Prevention promoted them during the SARS outbreak...
Biden has also met with union organizers from Amazon and Starbucks. "I'm proud of them," the President told reporters from Rehoboth Beach, Delaware, on Monday. "Workers have a right to determine...
Between Friday and Monday, US airlines canceled 2,653 flights, or nearly 3% of their collective schedules. Airfares, rental car shortage, record gas prices and rising hotel prices are contributing...
Bill Ackman says inflation will only dissipate if the Federal Reserve acts more aggressively. Ackman: "There is no prospect for a material reduction in inflation unless the Fed aggressively raises...
Amazon.com posts its first quarterly loss since 2015. Revenue rose by about 7% in the January-to-March period. Cost increases due to inflation, labor issues and supply chain challenges have been a...
Moderna Inc. plans to develop and begin testing vaccines targeting 15 of the world's most worrisome pathogens by 2025. The U.S. biotechnology company also said it will make its messenger RNA...
The company said global digital sales climbed from $6 billion in 2020 to $10 billion in 2021. Popeyes reported same-store sales declines, while Burger King and Tim Hortons both reported strong...
DoorDash Inc. will raise its fees on McDonald’s Corp. restaurants that are slow to prepare orders. The move is an effort by the delivery company to improve efficiency and cut losses. The delivery...
Ride-hailing company says Omicron surge will likely affect revenue growth in the first quarter. Lyft Inc. reported $969.9 million in revenue for the three months through December. Shares in Lyft...
"Help" said the ad Sunday in the Cleveland Plain-Dealer, a response to the latest Covid-19 health crisis exploding in Northern Ohio, nearly two years into a pandemic that has killed more than...
American Airlines is facing a shortage of widebodies. However, the airline is not keen on bringing back theWidebodies it retired in 2020. The airline projected a sense of disappointment over its...
The US Energy Information Administration says the national average for regular gasoline will probably drop to $3.01 a gallon in January. For 2022, gas prices are expected to average $2.88. That...
The drugstore chain and health insurer recently announced it would close about 900 stores over the next three years. CVS Health is expected to provide its financial outlook to investors on...
Walgreens, Walmart and CVS pharmacies DID contribute to opioid epidemic, Ohio jury finds, in landmark ruling. It's the first time pharmacy chains - rather than manufacturers -have been found...
America is running out of everything in 2021: houses, workers, and all kinds of goods. The postwar American Dream, driven by consumerism, is coming apart at the seams. It could usher in a better...
Dr. Scott Gottlieb says he believes the US is nearing the end of the “pandemic phase” of the COVID-19 health crisis. “We’re going to enter a more endemic phase,” he said on CBS’ “Face the...
Firms added 531,000 jobs and the unemployment rate fell to 4.6%. The spread of the Delta variant and slower growth had suppressed hiring over the summer. Many are now raising wages to attract and...
The Federal Reserve is expected to announce this week that it will begin scaling back the bond-buying stimulus it began in the early days of the health crisis. The Fed could reveal the approach...
