Facebook has had an abysmal week. Markets closed with Facebook down 26 percent, having shed roughly $230 billion from its market value.
Category Archives: business
Biden seeks to improve wages, efficiency in federal construction projects with labor order
Biden seeks to improve wages, efficiency in federal construction projects with labor order.
Delta Air Lines wants unruly passengers put on federal 'no fly' list
Delta Air Lines asked the U.S.
White-hot jobs report shows workers are returning — and that worries Wall Street
The big bounce-back in the labor market that took place in January in spite of omicron bodes well for workers — but Wall Street is considerably less impressed.
No more familiar faces at the checkout? Why stores are hiring gig workers.
The explosion in popularity of ride sharing and food delivery apps means that gig work, or contract work, has become a much more common form of employment
Economy gained a surprise 467,000 jobs last month
The economy gained a surprise 467,000 jobs in January, and the unemployment rate stayed relatively flat, rising slightly to 4 percent from 3.9 percent,
Alcohol sales to return to Southwest flights after nearly two years
Southwest Airlines will resume alcohol sales on most of its flights this month after nearly two years, a pause it extended last spring because of a surge in disruptive passengers.
Biden Fed picks face GOP skepticism in Senate hearing
Lawmakers sparred with one another and President Joe Biden’s Federal Reserve nominees in a sometimes contentious Senate Banking Committee hearing Thursday
Tesla recalls over 800K vehicles due to problem with seat belt reminder chimes
Tesla is recalling more than 817,000 vehicles in the U.S. because the seat belt reminder chimes may not sound when the vehicles are started and the driver hasn’
Despite record-low inventory levels, some dealerships still offer bargains
Automakers are raising prices and scaling back incentives amid an ongoing shortage of semiconductor chips that has put car dealerships firmly in the driving