Mortgage demand fell to its lowest point since 1992, despite a decrease in interest rates caused by the coronavirus pandemic. As the economic fallout from the virus leaves many Americans without jobs, mortgage applications decreased by a seasonally...
Walgreens Boots Alliance announced on Monday, April 5th, 2021, that CEO Roz Brewer has stepped down after more than two years in the role. Walgreens board of directors Chairman Stefano Pessina will serve as executive chairman and acting...
With COVID-19 upending normal operating procedures for many companies, Starbucks is introducing its pumpkin lineup, including drinks and food, earlier than ever to meet customer demand. Despite the pandemic making the summer months feel like an eternity due...
CNN has appointed Mark Thompson, the former CEO of The New York Times, as its new president and chief executive officer. Thompson, who served as the CEO of the newspaper from 2012 to 2020, has over 30 years...
The U.S. labor market has been losing steam in recent months, with job openings and resignations both declining, according to the latest data from the U.S. Bureau of Labor Statistics. In August, the number of job openings declined...
The closure of a Tyson Foods factory in rural Kansas is likely to bring a painful end to the town’s dreams of becoming a manufacturing powerhouse. The factory’s closure comes at a time when manufacturing is booming elsewhere....
. Previously, customers could purchase "EarlyBird" services for a fee of up to $25 and get an assigned boarding position that places them ahead of non-paid passengers. Now, Southwest is limiting the number of EarlyBird purchases available on...
Peloton's shares fell on Tuesday after the company reported a wider-than-expected loss and falling sales due to a recall of its Peloton Bike earlier this year and seasonality. The company reported a wider-than-expected adjusted net loss of $100.2...
Kraft Heinz, one of the largest food and beverage companies in the world, has tapped Miguel Patricio as its new chief executive and president. Patricio, a Portuguese national, will be the first non-American to hold the top position...
The labor market in the United States showed signs of slowing in June, with payrolls increasing by 209,000, below expectations for an increase of 230,000. The unemployment rate edged down to 4.0%, its lowest level since 2000, while...
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