Walmart workers are getting raises
Workers at America’s largest private employer will soon be getting raises. Walmart announced last week that the average salary for store managers will go from $117,000 to $128,000 a year…
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Netflix to stream WWE’s ‘Raw’ starting next year in its biggest jump into live entertainment
Netflix and TKO Group Holdings said Tuesday that the streaming platform will air the WWE’s flagship program ‘Raw’ starting next year, in Netflix’s first major foray into live sports. The 10-year deal is…
Alaska Airlines CEO: We found ‘many’ loose bolts on our Max 9 planes following near-disaster
The CEO of Alaska Airlines said new, in-house inspections of the carrier’s Boeing 737 Max 9 planes in the wake of a near-disaster earlier this month revealed that “many” of…
Macy’s to cut more than 2,300 jobs and close five stores
Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations as the legacy department store moves to trim costs and turn around slowing sales.…
December home sales slump to close out their worst year since 1995
Sales of previously owned homes fell 1% in December compared with November to a seasonally adjusted annualized rate of 3.78 million units, according to the National Association of Realtors. Sales…
Wayfair to lay off 13% of workforce, affecting 1,650 employees
Wayfair is cutting 13% of its global workforce as the digital home goods retailer looks to trim down its structure, cut out layers of management and reduce costs, it announced Friday. …
Americans are feeling optimistic about the economy again, with some exceptions
American consumers haven’t felt this good about the direction of the economy in years. That may signal the end of what some had come to call a ‘vibes-cession,’ where, despite…
Electric vehicle owners face the cold truth as temperatures plummet
Winter weather can cause bigger headaches for electric vehicle drivers than shoveling their driveways. Many are finding cold temperatures reduce their cars’ driving range. Fully electric vehicles, which run exclusively…
A Burt’s Bees, Hidden Valley Ranch lip balm collaboration has already sold out
If you were hoping to snatch a unique, sports bar-inspired flavor in your lip balm, you’ll now have to wait. On Wednesday, balm specialists Burt’s Bees announced a collaboration with…
Mass layoffs hit Sports Illustrated staff
The publisher of Sports Illustrated is laying off much of the storied magazine’s entire staff. The news, first reported by Front Office Sports, came less than 24 hours after publisher…