Wealthy investors in Albertsons may reap a $4 billion dividend ahead of Kroger’s $25 billion takeover of the supermarket firm. Workers and unions are worried.
Category Archives: business
Hong Kong is inviting back the (business) world. Will it accept?
A banking summit in Hong Kong aimed to burnish its reputation as an international financial center amid lingering Covid rules and a harsh national security law.
Advertisers pull back from Twitter amid 'uncertainty' about Elon Musk's strategy
Some advertisers are pulling back from buying promotional placements on Twitter as they determine what the site will look like under new owner Elon Musk.
Inside Twitter's chaotic short-notice layoffs
Twitter was plunged into turmoil Friday after Elon Musk’s team started laying off wide swaths of the company’s workforce.
How pay transparency laws set the stage for another big shift in work culture
Companies across the country have begun listing salary ranges in their job descriptions after a New York City law took effect Tuesday requiring any employer
Twitter sued over short-notice layoffs as Elon Musk's takeover rocks company
A lawsuit was filed against Twitter on Thursday alleging the social media company now headed by Elon Musk violated federal and state law that requires 60 days’ notice of mass layoffs, according to a court document.
As major companies shut down stores with union drives, workers file more complaints
Organizers say store closings are one way companies try to curb unionizing amid post-pandemic worker frustration. NBC News analysis shows complaints up sharply.
U.S. economy added 261,000 jobs in October, better than expected as hiring remains strong
Job growth was stronger than expected in October despite Federal Reserve interest rate increases aimed at slowing what is still a strong labor market.
Elon Musk has begun laying off Twitter staffers, days after his $44 billion takeover
Twitter has begun laying off sizable chunks of the company, the first major move by Elon Musk since his acquisition of the company was completed last week.
Airbag deaths lead to 'do not drive' order for some older Dodge, Chrysler vehicles
Chrysler-parent Stellantis is urging owners of 276,000 older U.S. vehicles to immediately stop driving after three crash deaths tied to faulty Takata air bag