Mixed bag for jobs: Employers keep hiring, but unemployment rises
CNN By Chris Isidore, CNN Business The white-hot US labor market is showing signs of cooling, with the Labor Department reporting Friday a slower…
Continue ReadingBiz/Tech
Mixed bag for jobs: Employers keep hiring, but unemployment rises
By Chris Isidore, CNN Business The white-hot US labor market is showing signs of cooling, with the Labor Department reporting Friday a slower pace of…
Continue Reading What’s behind wide salary ranges after New York’s pay transparency law
CNN, CNNBUSINESS By Jeanne Sahadi, CNN Business It’s not unusual for two people with the same title to be paid somewhat different salaries.…
Continue Reading
Biden is ‘not buying’ that Democrats may lose in midterms
By AAMER MADHANI and COLLEEN LONG Associated Press ROSEMONT, Ill. (AP) — President Joe Biden said Friday he was feeling “really good” about…
Continue Reading
A look at the West’s megadrought
Stacker cited data from the U.S. Drought Monitor, USDA Natural Resources Conservation Service, and the California Department of Water Resources to…
Continue Reading German factory orders down, underlining recession fears
BERLIN (AP) — Official figures show that German factory orders were down 4% in September compared with the previous month, underlining expectations…
Continue Reading Wall Street rallies, in fits and starts, after jobs report
By STAN CHOE and DAMIAN J. TROISE AP Business Writers NEW YORK (AP) — Stocks rallied Friday, but only after yo-yoing several times, as Wall Street…
Continue Reading In the 5 states without lotteries, a case of Powerball envy
By KIM CHANDLER and MARK THIESSEN Associated Press WEST POINT, Ga. (AP) — Loretta Williams lives in Alabama but drove to Georgia to buy a lottery…
Continue Reading US employers are hiring briskly even in face of rate hikes
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — America’s employers kept hiring vigorously in October, adding 261,000 positions, a…
Continue Reading Albertsons $4B payout to shareholders amid merger paused
SEATTLE (AP) — A judge in Washington state has temporarily stopped Albertsons from paying a $4 billion dividend to investors as part of the grocery…
Continue Reading Elon Musk’s Twitter lays off employees across the company
By Donie O’Sullivan and Clare Duffy, CNN Twitter on Friday laid off thousands of employees in departments across the company, in a severe round…
Continue Reading Elon Musk said Twitter has seen a ‘massive drop in revenue’ as more brands pause ads
CNN By Clare Duffy and Catherine Thorbecke, CNN Elon Musk said Friday that Twitter has seen a “massive drop in revenue,” as a growing…
Continue Reading Elon Musk’s Twitter lays off employees across the company
CNN By Donie O’Sullivan and Clare Duffy, CNN Twitter on Friday laid off employees in departments across the company, in a severe round of cost…
Continue Reading America’s housing dream is broken
By Allison Morrow, CNN Business A little over a decade ago, the dominant narrative about the housing market was that Millennials simply weren’t…
Continue Reading America’s housing dream is broken
CNN, CNN BUSINESS By Allison Morrow, CNN Business A little over a decade ago, the dominant narrative about the housing market was that Millennials…
Continue Reading General Mills, Audi pause Twitter ads, will evaluate site
By MAE ANDERSON AP Business Writer NEW YORK (AP) — General Mills and Audi are the latest big advertisers to pause ads on Twitter as questions swirl…
Continue Reading Elon Musk wants Twitter users to pay to be verified. It could create a new set of headaches for the company
By Clare Duffy, CNN Business In 2009, after Twitter was sued by then-St. Louis Cardinals manager Tony La Russa for being impersonated on the…
Continue Reading In NIL era, business is good for college hoops returnees
By AARON BEARD and DOUG FEINBERG AP Basketball Writers Many men’s and women’s college basketball players are finding it’s been good…
Continue Reading Starbucks reports record Q4 revenue despite China declines
By DEE-ANN DURBIN AP Business Writer Starbucks’ revenue rose 3% to a record $8.41 billion in its fiscal fourth quarter as U.S. customers shrugged…
Continue Reading How major US stock indexes fared Thursday 11/3/2022
The Associated Press Stocks slipped on Wall Street and Treasury yields again rose to multiyear highs a day after the Federal Reserve indicated that…
Continue Reading DoorDash defies U.S. delivery slowdown with strong Q3
By DEE-ANN DURBIN AP Business Writer DoorDash defied an overall slowdown in U.S. restaurant delivery in the third quarter. The San Francisco delivery…
Continue Reading Qualcomm, Altice fall; Booking Holdings, Crocs rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Qualcomm, Altice fall; Booking Holdings, Crocs…
Continue Reading UK orders Glencore to pay millions over African oil bribes
LONDON (AP) — A British court has ordered commodities company Glencore to pay more than 280 million pounds for using bribes to bolster its oil…
Continue Reading Union: Orlando tourism workers need $18 an hour to survive
ORLANDO, Fla. (AP) — Workers in central Florida’s tourism industry are pushing to raise their minimum wage to at least $18 an hour, arguing that…
Continue Reading Abortion doctor sues Indiana AG over bids to access records
By RICK CALLAHAN Associated Press INDIANAPOLIS (AP) — An Indianapolis doctor who performed an abortion on a 10-year-old rape victim from Ohio is…
Continue Reading Ex-housekeeper sues Jeff Bezos, claims discrimination
By GENE JOHNSON Associated Press SEATTLE (AP) — A former housekeeper for Amazon founder Jeff Bezos says she and other employees suffered unsafe…
Continue Reading Holiday sales expected to increase this year, but shoppers will lean on savings and credit to afford gifts
By Parija Kavilanz, CNN Business Families may not skimp on holiday gifts for their loved ones this year, but they’ll likely slim down their…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for December delivery fell $1.83 to $88.17 a barrel Thursday. Brent crude for January delivery fell…
Continue Reading The chicken sandwich isn’t enough for Popeyes anymore
By Danielle Wiener-Bronner, CNN Business When Popeyes launched its crispy chicken sandwich in 2019, the menu item sold out in just two weeks. When it…
Continue Reading CNBC axes Shepard Smith’s nightly newscast after two years
By DAVID BAUDER AP Media Writer NEW YORK (AP) — CNBC is canceling Shepard Smith’s nightly newscast after two years, with its new president…
Continue Reading