America’s Housing Crisis Affects Everyone

The American dream is supposed to play out like this: a pleasant house in an appealing color scheme, surrounded by a white picket fence; a lush patch of grass out front; a triumphant family...

Sears Files For Chapter 11 Bankruptcy

(Reuters) - Sears Holdings Corp filed for Chapter 11 bankruptcy on Monday, throwing into doubt the future of the century-old retailer that once dominated U.S. malls but has withered in the age of internet...

Jamie Dimon Joins Growing List Of Business Leaders Skipping Saudi Conference

Jamie Dimon, chief executive of JPMorgan Chase, and Bill Ford, chairman of the Ford Motor Co., are the latest business leaders to drop out of an investment conference in Saudi Arabia in the wake...

Jamie Dimon, Steve Mnuchin And Big Bank CEOs Set To Attend Saudi Conference Despite...

Even amid reports that agents for Saudi Arabia’s Crown Prince Mohammed bin Salman brazenly killed a Saudi journalist working for The Washington Post, some of the world’s richest and most influential business, media and...

‘If We Can’t Mine Coal, What Are We Going to Do?’

EDITOR’S NOTE: Among the authors who will make presentations at next week’s Southern Festival of Books in Nashville, Tennessee is Tom Hansell, whose book, After Coal: Stories of Survival in Appalachia and Wales, will be...

CVS, Aetna Win U.S. Approval For $69 Billion Merger

WASHINGTON (Reuters) - Pharmacy chain CVS Health Corp won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc, the Justice Department said on Wednesday, paving the way for a combination...

One Of America’s Oldest Coal Companies Just Filed For Bankruptcy

Facing declining demand and saddled with mounting debt, one of the oldest and largest coal companies in the United States has filed for bankruptcy protection. Westmoreland Coal Co. announced Tuesday that it had filed a chapter...

UPS Drivers Voted Down Their Union Contract, But The Teamsters Are Ratifying It Anyway

Last month, before he got his chance to vote on a new collective bargaining agreement, UPS driver and Teamsters union member Ken Smith made a prediction. Most of the workers who cast ballots would...

The Food Industry Has Been Notoriously Hard To Organize. Could These Tactics Bring It...

When Amanda Cestare started working at New York City’s famous Ellen’s Stardust Diner in 2008, she didn’t know much about leftist politics or the labor movement. Ten years later, she’s helping to build a...

Google Shutters Google+ After Security Flaw Exposed Data Of At Least 500,000 Users

(Reuters) ― Alphabet Inc’s Google will shut down the consumer version of its failed social network Google+ and tighten its data sharing policies after announcing on Monday that private profile data of at least...

Ford Plans Layoffs After $1 Billion Trump Tariff Hit

Ford Motor Company is reportedly preparing to initiate major layoffs after suffering a blow to profits of at least $1 billion due to tariffs enacted by President Donald Trump. The nation’s largest automaker hasn’t yet...

Thousands Of Marriott Workers Strike In 7 Cities

Nearly 3,000 Marriott employees went on strike in Hawaii on Monday, adding to a major multi-city work stoppage hitting the world’s largest hotel chain. The hospitality worker union Unite Here said that 7,700 of its...

6.5 Million Pounds Of Beef Have Been Recalled Due To Salmonella Risk

CHICAGO/SAO PAULO (Reuters) - A U.S. unit of Brazil’s JBS SA is recalling 6.5 million pounds of beef products processed through an Arizona plant because the meat might be contaminated with salmonella, U.S. government...

Amazon’s Minimum Wage Hike Comes With Cuts To Other Compensation

Managers at an Amazon fulfillment center probably thought they would be leading a celebration when they explained the company’s new pay scheme to employees on Tuesday. Instead, some workers turned angry, convinced their take-home...

Toys ‘R’ Us May Be Making A Comeback After All

(Reuters) - The top lenders of Toys ‘R’ Us have decided to cancel the bankruptcy auction of its brand name and other intellectual property assets and instead plan to revive the Toys ‘R’ Us and Babies ‘R’ Us brand names, a court filing on Monday showed. The...

Elon Musk To Resign As Tesla Chairman In SEC Settlement

Musk will still keep his title of CEO. View the Original Article

Elon Musk Is Being Sued By The Securities And Exchange Commission

The U.S. Securities and Exchange Commission filed a lawsuit on Thursday against Tesla Inc Chief Executive Elon Musk, in which it alleges securities fraud, according to online court records.The lawsuit was filed in the...

Federal Reserve Raises Interest Rates For The 3rd Time This Year

WASHINGTON (AP) — The Federal Reserve signaled its confidence Wednesday in the U.S. economy by raising a key interest rate for a third time this year, forecasting another rate hike before year’s end and...

No Reputable Company Would Hire Someone Like Brett Kavanaugh At This Point

Despite what it looks like to some of his supporters, Brett Kavanaugh is not currently on trial. The federal judge is actually in the middle of the most intense job interview of his life,...

Nike Shares Slip Despite Sales Boost From Colin Kaepernick Ad Campaign

Sept 26 (Reuters) - Shares of Nike Inc fell 3 percent on Wednesday as the world’s largest sportswear maker stuck to its full-year forecast even after sales got a boost from a controversial ad campaign featuring...

‘Progressive’ Nike And Workers Donated 3 Times More Money To GOP Than Democrats

Nike made a bold move to feature Colin Kaepernick in its provocative new ad campaign this month, one that infuriated people on the right. But it turns out the company and its employees donated more...

Instagram Co-Founders Resign From Facebook

(Reuters) ― Instagram on Monday said co-founders Kevin Systrom and Mike Krieger have resigned as chief executive officer and chief technical officer of the photo-sharing app owned by Facebook Inc, with the pair giving scant...

Nike’s Market Value Surges By $6 Billion After Controversial Kaepernick Ad

Contrary to President Donald Trump’s claim that Nike would get “killed” by its decision to sign an endorsement deal with former NFL player Colin Kaepernick, the sportswear giant appears to be thriving. As CBS News...

Wells Fargo Plans To Eliminate Up To 26,450 Jobs By 2020

(Reuters) - Wells Fargo said on Thursday it would reduce its headcount by about 5 percent to 10 percent within the next three years as part of a turnaround plan. As of June 30th, the nation’s...

Drop In Mexican-Born Immigrants Attributed To Hostility Here, Opportunity There

New Census figures show the number of Mexican immigrants living in the United States dropped more last year than at any point in the past decade, a plunge that came as the Trump administration...

Alibaba Backpedals On Promise To Bring 1 Million Jobs To U.S., Blames Trump Tariff...

Chinese tech giant Alibaba will no longer bring the 1 million jobs it had promised to the U.S. because the hostile trade environment created by President Donald Trump and his ongoing tariff conflict with...

Woman Claims She Heard About Christine Blasey Ford Allegation In 1980s

In social media posts that have been deleted, a woman claimed Tuesday that she heard about an alleged sexual assault by Supreme Court nominee Brett Kavanaugh in high school during the 1980s. Kavanaugh’s accuser,...

Elon Musk Tweets Prompt Criminal Probe By Justice Department

As it becomes less and less likely Tesla will go private at $420 a share, the odds that Tesla or CEO Elon Musk or both will be penalized for saying it would do so have...

Japanese Billionaire Will Fly To The Moon With SpaceX, Elon Musk Says

SpaceX, Elon Musk’s ambitious rocket endeavor, said Monday it had signed a Japanese billionaire as its first paying private citizen to travel to the moon. Yusaka Maezawa has purchased every available seat aboard Musk’s first...

CBS Interim CEO: ‘No Reason To Wait On Reassessing Our Culture’

Joe Ianniello, the interim chief executive at CBS since the departure of Les Moonves amid a sexual misconduct scandal, said in a memo to staff members that the company will not wait to move...

In Tax-Free States, Businesses Squirm At Collecting Online Sales Taxes For Others

The “Live Free or Die” state of New Hampshire is also the “Live Sales-Tax Free” state, one of only five that do not collect any tax on retail purchases. And despite a U.S. Supreme...

JPMorgan CEO Jamie Dimon: ‘I Shouldn’t Have’ Made Comments About Donald Trump

WASHINGTON (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon on Sunday said he regretted comments that he was “smarter” than U.S. President Donald Trump and could beat him in an election. “I shouldn’t...

LeBron James Gloats As Nike Shares Hit Record High After Colin Kaepernick Ad

Los Angeles Lakers star LeBron James couldn’t help gloating on Twitter after Nike’s shares hit an all-time high in the wake of the company’s ad campaign featuring Colin Kaepernick. Nike stocks closed at $83.47 Thursday...

The World’s Richest Man Came To Washington, D.C., And It Was Gross

WASHINGTON ― The Economic Club of Washington threw a party for Jeff Bezos, the world’s richest man, on Thursday night in the fancy hotel ballroom that also hosts the White House Correspondents’ Dinner. Economic...

So Long, Love Bug. Volkswagen Beetle Hits The End Of The Road.

The little German car that started in a Nazi-era factory and later carried countless hippies to concerts, lovefests and be-ins is nearly at the end of its 80-year journey. Volkswagen announced Thursday that it...

Les Moonves Didn’t Get Fired For Harassing Women

At first glance, it looks like the Me Too movement toppled Les Moonves. The former CBS chief executive is arguably the most powerful executive in the post-Weinstein era to lose his job following accusations...

Preparing For The Future Means Understanding It — But Is The Future Workforce In...

I’m not a software developer, a data analytics professional or a computer programmer. In fact, I’m not a “tech worker” at View the Original Article

Apple Announces Three New iPhones, Apple Watch Series 4

Apple on Wednesday unveiled the iPhone XS, XS Max and XR, along with the Apple Watch Series 4 and a slew of new features aimed at improving upon the health, fitness, photography and other...

Oath CEO Tim Armstrong Is Leaving Verizon

Tim Armstrong, the CEO of Verizon subsidiary Oath, the parent company of HuffPost, announced that he is leaving the company in an email to employees on Wednesday. Armstrong has run Oath since last year. He’d previously...

States See Energy Boom Along With Economic Expansion

An oil and gas bonanza in Southwestern states may be helping to drive the continuing national economic boom. The nation’s 4.2 percent growth in GDP, estimated last month by the Bureau of Economic Analysis, is...

U-Haul Will Offer Free Storage For Those In The Path Of Hurricane Florence

Moving and storage company U-Haul will offer 30 days of free storage at its facilities across the Carolinas and Virginia as Hurricane Florence begins to bear down on the U.S. East Coast. The storm is...

No One Wants Your 9/11 Branded Content

Every year since Sept. 11, 2001, Americans have come together to remember the lives lost in the devastating terror attacks. Also every year, with perverse punctuality, brands have used the tragedy to try to...

Les Moonves’ CBS Replacement Dodges Sexual Misconduct Issues In Email To Staff

Interim CBS Corp. chief executive Joseph Ianniello took the helm at the media company on Monday, just a day after longtime CEO Les Moonves stepped down amid a new crop of sexual misconduct allegations...

Ford Blames Trump’s New Tariffs For Why It Won’t Bring Hatchback Production Back To...

WASHINGTON (AP) — Ford won’t be moving production of a hatchback wagon to the United States from China — despite President Donald Trump’s claim Sunday that his taxes on Chinese imports mean the Focus...

Thousands Of Marriott Workers To Vote On Multi-City Strike

Employees of Marriott hotels in nine cities are inching closer to going on strike after months of negotiations with the hotel chain have failed to secure new collective bargaining agreements. The hospitality union Unite Here...

Theranos, Embattled Blood-Testing Startup, To Shut Down: WSJ

(Reuters) - Theranos Inc, the once-celebrated Silicon Valley blood-testing firm, is about to dissolve itself months after top executives were indicted for defrauding investors, the Wall Street Journal reported on Wednesday. The move follows a failed...

Amazon Becomes Second U.S. Company To Hit $1 Trillion Market Value Milestone

(Reuters) - Amazon.com Inc on Tuesday became the second U.S. company to reach $1 trillion in stock market value, just weeks after Apple Inc hit the same milestone on Aug. 2.Shares in the world’s...

Haters Mocked For Wrecking Their Own Nike Stuff To Protest Kaepernick Deal

1 / 32 1967 Jazz trumpeter Al Hirt plays the national anthem prior to the start of Super Bowl I on January 15, 1967 between the Kansas City Chiefs and the Green Bay Packers at the Coliseum...

Trump Trade War Toll: Ford Focus Crossover Wrecked For U.S. Consumers

Ford Motor Company is ditching plans to bring its new Focus crossover to the U.S., thanks to President Donald Trump’s trade war.  The Ford Focus Active is being manufactured in China, but because of a...

The Village Voice Has Folded And People Are Sharing Their Best Memories Of The...

The Village Voice, the iconic New York newspaper that became online-only in recent years, has shut down, according to numerous reports. “Today is kind of a sucky day,” said owner Pete Barbey in a phone...
- Advertisement -

Recent Posts