Costco raises its minimum wage above its competitors
Costco will raise its starting rate for hourly store workers in the United States to $16 an hour, putting its starting wage above rivals such as…
Continue ReadingCostco will raise its starting rate for hourly store workers in the United States to $16 an hour, putting its starting wage above rivals such as…
Continue ReadingCall it a Mac mini: Target is opening scaled-down versions of Apple stores at some of its US outlets this year, furthering the two companies’…
Continue ReadingAnother 730,000 American workers filed for first-time unemployment benefits, adjusted for seasonal swings, last week, the Labor Department reported…
Continue ReadingVictoria’s Secret is continuing to shrink its store count. Its parent company L Brands announced that it plans to permanently close between 30…
Continue ReadingPepsiCo isn’t joining the hard seltzer trend just yet. But it wants to be part of your at-home cocktail experience with a new line of mixers.…
Continue ReadingAfter a quick bout of nerves, Wall Street is ready to restart the party. What’s happening: In testimony before Congress this week, Federal…
Continue ReadingThe Federal Reserve suffered a widespread disruption in multiple payment services Wednesday, including a system that banks and businesses rely on to…
Continue ReadingGeely has scrapped plans to merge its business with Volvo and will now focus its global ambitions on a joint venture with the Swedish carmaker on…
Continue ReadingGameStop shares rallied 67% ahead of the opening bell Thursday, following another blockbuster day for the stock. On Wednesday, the gaming…
Continue ReadingThree of Britain’s biggest banks have announced plans to dump expensive office space, a bet that remote work is here to stay even after the…
Continue ReadingAustralia has passed a new law that will force tech companies to pay publishers for news content, setting the stage for potential, similar action in…
Continue ReadingAfter a wild several weeks for GameStop, the retailer’s chief financial officer is resigning. The company announced Tuesday that Jim Bell, its…
Continue ReadingDo you read the following headline from CNN Business and get a little nervous? Housing market concerns begin to emerge If the answer is yes,…
Continue ReadingOver the last year, the worldwide web has started to look less worldwide. Europe is floating regulation that could impose temporary bans on US tech…
Continue ReadingFry’s Electronics suddenly closed all of its stores overnight, ending a nearly four-decade run in business. The company, which had 31 stores…
Continue ReadingTJ Maxx has taken a hit from the pandemic with fewer people visiting stores and picking up clothing. But the discount giant is betting that customers…
Continue ReadingTJMaxx has taken a hit from the pandemic with fewer people visiting stores and picking up clothing. But the discount giant is betting that customers…
Continue ReadingThe Federal Reserve is suffering a disruption in multiple payment services due to an operational error, the central bank said in a statement…
Continue ReadingLyft is adding an option to allow people to order a ride in a more retro way — by phone call — a year after Uber tried doing the same…
Continue ReadingFew things have changed less during the course of this century than this nation’s fleet of postal delivery vehicles. The squat, box-like van…
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