A retired civil servant, suffering from rising rent prices, even went so far as to change regions in order to have more money in her pocket and make ends meet better. “I…
Category: Business
Cboe CEO resigns over personal relationships, share price rises 3%
[1/3]Edward Tilly, Chairman and CEO of CBOE Global Markets, Inc., speaks during the Piper Sandler Global Exchange and FinTech Conference in New York City, U.S., June 8, 2023. Portal/Brendan McDermid/File Photo ACQUIRE…
Amazon will hire 250,000 new employees over the holidays and increase average wages –
Amazon said Tuesday it is hiring 250,000 employees in the U.S. to handle the holiday rush. It also increases the average hourly wage for warehouse and delivery workers. Warehouse and delivery workers…
Strike is a risky gamble for auto workers and the labor movement
Since the start of the pandemic, unions have been experiencing something of a renaissance. They have moved into previously non-union companies like Starbucks and Amazon, winning unusually strong contracts for hundreds of…
Disney plans to accelerate and expand investments in parks and cruise businesses –
Disney said Tuesday that it will nearly double its planned investments in its parks business to about $60 billion. Theme parks have been a relative bright spot while the company has struggled…
Rocket Lab suffers launch anomaly, Earth observation satellite lost – Space.com
An anomaly occurred at Rocket Lab during the launch of a radar Earth observation satellite early Tuesday morning (September 19). An Electron rocket carrying a Synthetic Aperture Radar (SAR) spacecraft for California-based…
CPI rose 4% in August
Inflation rose 4% year-on-year in August after rising 3.3% in July, according to the latest Statistics Canada data released Tuesday. • Also read: Stabilizing food prices: The bosses of major grocery stores…
AutoZone Stock Falls as Domestic Commercial Growth Comes in Slower Than Expected – Barron’s
AutoZone significantly beat earnings and revenue estimates for its fiscal fourth quarter, but its shares fell after sales in the company’s domestic commercial division fell short of expectations. AutoZone (ticker symbol: AZO)…
Auto suppliers say if UAW strikes more factories, it could spell doom for many
Pat Green is nervous. For the past two years, he has been trying to hire talented people to fill Cascade Die Casting Group’s two Grand Rapids plants, which makes aluminum and zinc…
U.S. business optimism about China prospects falls to record low – Survey
U.S. and Chinese flags are shown in this illustration from January 30, 2023. Portal/Dado Ruvic/Illustration/File Photo Acquire License Rights SHANGHAI, Sept 19 (Portal) – Political tensions and a slowing economy are weakening…