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Business

“Under Armour posts more than 2,300 new jobs and hikes minimum hourly pay 50% to $15”

June 29, 2021

“Under Armour Inc. posted more than 2,300 jobs in the second quarter according to GlobalData research, a “hiring spree” that comes at a time when finding new workers has become more difficult… Last month, Under Armour announced that it was… Continue Reading…

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Business, Stocks

“…GE Set the Date for Its Reverse Stock Split.”

June 21, 2021

“General Electric said Friday that its 1 for 8 reverse stock split will happen on July 30, after the market closes, so on Monday, Aug. 2, the stock will open at around $100 a share. That isn’t a windfall for investors. A person holding… Continue Reading…

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Business

“Chipotle raises menu prices as employee costs increase”

June 10, 2021

“Chipotle Mexican Grill Inc said on Tuesday it has increased prices for products across its menu by about 4% owing to rising labor costs.   Several companies in the retail space, including McDonald’s and Walmart, have increased hourly wages for employees in… Continue Reading…

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Business

“Kroger aims to hire 10,000 workers at first nationwide ‘hybrid’ hiring event”

June 8, 2021

“Kroger Co. KR, 0.98% has set a goal of 10,000 new hires when it hosts its first nationwide “hybrid” hiring event on Thursday. Taking place both in person and virtually, Kroger is searching for associates to work across e-commerce, pharmacy, operations, and other… Continue Reading…

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Business, Economy

“These charts show the highest and lowest corporate tax rates around the world”

June 7, 2021

“Highest and lowest corporate tax rates Generally, countries in Africa and South America impose higher corporate tax rates compared with many in Europe and Asia, according to data by Washington-based think tank Tax Foundation, the OECD and consultancy KPMG. Many… Continue Reading…

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Business

“Twitter launches its first subscription service”

June 3, 2021

“Twitter announced on Thursday the launch of Twitter Blue, the company’s first subscription service designed for power users willing to pay a monthly fee for exclusive features. It’s the company’s first attempt at a subscription business model and could diversify Twitter’s… Continue Reading…

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Business

“Best Buy sales jump 36% as consumers splurge on electronics, retailer raises forecast”

May 27, 2021

“Best Buy said Thursday that sales grew 36% in the fiscal first quarter as shoppers’ stimulus-fueled spending spree includedconsumer electronics. Shares of the company 3.3% in premarket trading after the home electronics and appliance retailer raised its forecast…  Chief Financial Officer… Continue Reading…

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Business, Economy, Stocks

“Pay Attention! Billionaires are Offloading Stock by Trillions”

May 24, 2021

“When the country’s CEOs and billionaires start to head to the exits a little bit quicker than usual at the tail end of a 13 year bull market, it may be time to start paying attention. That’s what we found… Continue Reading…

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Business

“Under Armour to raise hourly wages to $15 for more than 8,000 retail, distribution workers”

May 19, 2021

“Under Armour announced Wednesday it is raising wages for hourly retail workers to $15 in the United States and Canada, impacting more than 8,000 jobs. The increases, which could be as much as 50% for some workers, will be effective June… Continue Reading…

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Business

“Target sales jump 23% as exclusive brands, curbside pickup draw in shoppers”

May 19, 2021

“Target said Wednesday fiscal first-quarter sales rose 23%, as investments it made in exclusive brands and services like curbside pickup strengthened customer loyalty and kept them coming back. The retailer also said it is benefiting from… reopening economy and busier social… Continue Reading…

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