In a resounding defeat, Amazon warehouse employees in North Carolina rejected unionization, another setback for organized labor movements against the online retail giant. The vote […]
Category: Business
Joann to Close 500 Stores After Filing for Second Bankruptcy
Craft and textile store chain Joann is closing 500 U.S. locations after seeking its second bankruptcy protection in nine years. The closings are prompted by […]
CFPB Workers Fired Under Trump Rehired, Highlighting Political Shifts in Agency
The Consumer Financial Protection Bureau (CFPB) is recalling formerly fired or pushed-out staff members of the Trump administration, a sharp departure of course for the […]
Jerome Powell Signals Patience on Interest Rate Cuts Amid Stable Economy
Federal Reserve Chairman Jerome Powell talked of the central bank’s non-hurry in the effort to cut interest rates, highlighting the stable state of the U.S. […]
California’s High-Risk Insurer Secures $1 Billion Bailout Following Devastating Los Angeles Fires
California`s excessive-chance insurer of the remaining resort, the California FAIR Plan, has been granted a $1 billion bailout to assist in stabilizing the kingdom`s coverage […]
Meta Layoffs Shock Employees as ‘Strong Performers’ Claim Unfair Terminations
At the beginning of February 2025, Meta Platforms announced a wave of layoffs, which concerned as many as 4,000 employees, accounting for around 5% of […]
Elon Musk’s $97.4 Billion Bid for OpenAI Control
In a daring coup that has been the latest jolt in this high-stakes battle in artificial intelligence, Tesla CEO Elon Musk, backed by a group […]
San Francisco-based Hims & Hers Sparks Controversy with Super Bowl Ad
The San Francisco-based telehealth company Hims & Hers has raised a storm after its recent Super Bowl ad for compound weight-loss medications. The 60-second commercial […]
Starbucks Offers Free Coffee to Rewards Members on Monday, February 10
Starbucks is giving away a free tall (12-ounce) hot or iced brewed coffee to all members of the Starbucks Rewards program on Monday, February 10, […]
Amazon Commits to $100 Billion Investment in AI for 2025
Amazon has recently pledged a large-scale investment, of over $100 billion in capital expenditures by the end of 2025. The lion’s share will focus on […]