Ford, General Motors, and Fiat Chrysler Automotive have given in to UAW demands to close all plants as a precaution against the Coronavirus. Ford Motor Company says after Thursdays shifts, all plants will temporarily close MORE
Wall Street does not like the Coronavirus. Despite all government intervention and reassurances, Wall Street looks to a recession as most all of the gains since Trump was elected have vanished. All major U.S. indices MORE
In a banking scheme very similar to the Wells Fargo scandal, Fifth Third, a large regional bank in Ohio is accused by the CFPB of opening fraudulent accounts to drive stock price For more than MORE
On the surface it seems an odd partnership: a prominent member of a secretive Utah polygamist sect and the Armenian immigrant owner of a prosperous chain of Southern California truck stops. But testimony in the MORE
Yet he’s not charged with any criminal violations… Source: The U.S. government announced Thursday that former Wells Fargo CEO John Stumpf has been banned from ever working at a bank again and will pay $17.5 million for scandals in MORE
CNN: Some people are receiving text messages, disguised as a FedEx notification, that show a supposed tracking code and link to “set delivery preferences.” FedEx Takes Unprecedented Step To Warn Customers On Twitter About MORE
A new coalition of conservative groups launched Wednesday to sink a bipartisan proposal in Congress to end the “surprise” medical bills some patients get. The “Coalition Against Rate-Setting” will air ads against the proposal, which would ban providers MORE
Schlumberger lays off 1,400 amid surgical cuts to restore profitability in U.S. shale Source: Schlumberger, the largest oil field services company, said Friday it lost $10.1 billion in 2019, laid off 1,400 workers in the MORE
Labor Department replaces Obama-era ‘joint employer’ standard Source: WASHINGTON — The Labor Department issued a final rule Sunday that clarifies when a worker is employed by more than one company, an issue that affects franchise MORE
Occidental starting widespread layoffs in Houston and beyond Occidental Petroleum is initiating a broad layoff effort this week that will stretch from Houston to Denver as the Permian Basin’s leading oil producer aims to cut MORE
KANSAS CITY, Mo. — Hallmark Cards Inc. will cut about 400 jobs worldwide, including 325 at its headquarters of Kansas City, Missouri, the company said Monday. Hallmark will offer buyouts before turning to layoffs. The MORE
“It was scary to be called into a meeting like that, and then to be given a follow-up email saying that if I continued to speak up, I could be fired. But I spoke up MORE
Nike’s new “True to 7” shoe with former NFL quarterback Colin Kaepernick has already sold out on the first day of its North American release, according to the company’s website. “This Air Force 1 season, Nike partnered with MORE
Remember when Wing Nut World accused Alexandria Ocasio-Cortez for “Amazon’s decision to pull out of a deal to establish a headquarters in Long Island City?” Friday The Hill reported: Amazon said it had signed a new lease MORE
Twenty-one years after founding Google in a messy garage in Menlo Park, California, Larry Page and Sergey Brin have stepped down from day-to-day management of the company to assume the role of “proud parents – offering advice MORE