Summer spending at bars & restaurants soars as Americans overlook inflation, recession fears
Sales at restaurants and bars surged from May through July compared to last year, with the recent spending trend occurring during a time of slowing menu price growth.
Dollar Tree and Family Dollar agree to improve worker safety at bargain stores
Dollar Tree and Family Dollar reached a settlement with U.S. regulators after facing allegations of safety violations at multiple stores.
Looming UAW strike could cost US economy more than $5B in just 10 days
If the United Auto Workers decides to strike against the "Big Three" Detroit automakers when the current contract expires next month, it could cost the U.S. economy more than $5 billion.
Gas prices fire up as summer draws to a close: AAA
The national average price for a gallon of gas increased this week despite a decrease in oil prices, AAA reported. But severe weather could have a major impact on gas prices in the weeks to come.
Trader Joe's execs shoot down possibility of self-checkout
Trader Joe's leadership rejected the idea of the grocery chain implementing self-checkout this week, saying it was "false."
UPS reaches deal with union: How it compares to other historical agreements
While the UPS deal didn't result in a strike, past labor disputes between unions and companies over fair pay and better working conditions had different outcomes.
'Flash mob' of 20+ people loots Los Angeles Nordstrom
It happened around 4 p.m., according to the Los Angeles Police Department. A group of 20–50 people ran into the store grabbing merchandise off the shelves.
Zoom wants employees to return to office
Zoom has told its employees to return to the office for the first time since the video communications tool saw a boom during the remote work revolution of the coronavirus pandemic.
Apple posts net sales decrease for third quarter in a row
Apple's first, second quarters showed year-over-year declines in overall net sales
Adidas makes $437 million from first Yeezy sale with portion going to anti-hate groups
Adidas is trying to offload the unsold shoes and donate part of the proceeds to groups like the Anti-Defamation League. The sports apparel company ended its partnership with Kanye West.
Taco Bell faces allegations of false advertising for Crunchwraps, Mexican Pizzas
Taco Bell has been hit with claims in a lawsuit that the fast-food chain engaged in false advertisement of several menu items.
CVS to lay off 5,000 employees as it seeks to cut costs
The Rhode Island-based pharmacy giant said in a statement that it is eliminating "a number of non-customer facing positions" throughout the company
McDonald's to debut new spinoff restaurant concept called CosMc's next year
The small-format concept restaurant will have "all the DNA of McDonald's, but its own unique personality," the company's CEO said.
UPS strike avoided after agreement reached with Teamsters
The Teamsters called the tentative agreement “historic" and “overwhelmingly lucrative." It includes, among other benefits, higher wages and air conditioning in delivery trucks.
UPS strike looms: Workers on the brink, here's what you need to know
Negotiations broke down earlier this month and unionized workers have been holding rallies and practice pickets across the country.
Bombshell Treat Bar eyes fall opening for Berkley store
Bombshell Treat Bar, known for its creative ice cream bars, said it is aiming to open its storefront in Berkley by the fall.
Company gets creative, rents helicopters for employees to avoid traffic delays
When a 15-20 minute commute turned into hours for employees, an Oregon company had a "crazy" idea, and it's working.
UPS strike could be the most expensive in 100 years
Small businesses and consumers face "lasting harm" from a looming UPS strike, according to an economic analysts.
Remote work could wipe out $800B from office building value by 2030
A survey estimates office attendance is about 30% lower than pre-pandemic level in "superstar" cities.
Crocs sues rival Joybees over stolen trade secrets by former manager, intellectual property
In the new lawsuit, Crocs allege Joybees and their CEO of stealing trade secrets and unfair competition.