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Categories Business

JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns

Author September 19, 2024

JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload after the death of a Bank

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Categories Business

Charter rolls out new Spectrum pricing and internet speeds, aims to ‘be a better service operator’

Author September 17, 2024

Charter Communications CEO Chris Winfrey said he wants customers to think of reliability and credibility when they think of their cable and broadband

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Categories Business

In federal trial, Michael Kors says it’s harder to sell handbags in TikTok and Taylor Swift era

Author September 17, 2024

In a federal courtroom on Monday, storied fashion designer Michael Kors spoke about the steep challenge of staying relevant in a world

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Categories Business

Amazon workers must return to office full time, CEO says

Author September 17, 2024

Amazon is requiring its workers to return to the office full time. In a note published Monday by the e-commerce giant, Amazon

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Categories Business

Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike

Author September 17, 2024

Boeing announced sweeping cost cuts Monday, including a hiring freeze, a pause on nonessential staff travel and a reduction on supplier spending to

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Categories Business

Boeing factory workers strike after overwhelmingly rejecting contract

Author September 15, 2024

Boeing’s factory workers walked off the job early Friday, halting production of the company’s best-selling airplanes after staff overwhelmingly rejected a new

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Categories Business

Tesla Semi fire in California took 50,000 gallons of water to extinguish

Author September 14, 2024

A single-vehicle collision last month involving a Tesla Semi electric truck took 50,000 gallons of water to extinguish and required aircraft to dump fire

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Categories Business

Amazon hikes wages for contract delivery drivers as union pressures grow

Author September 13, 2024

Amazon is bumping its average national pay for contracted delivery drivers to roughly $22 an hour, up from $20.50 an hour, the company said Thursday. The

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Categories Business

American Airlines flight attendants ratify new contract with immediate raises topping 20%

Author September 13, 2024

American Airlines flight attendants approved a five-year labor deal, ending one of the industry’s most contentious contract negotiations and giving cabin crews raises

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Categories Business

UAW, U.S. dealers increase criticism of Stellantis CEO over cuts, sales declines

Author September 13, 2024

DETROIT — Stellantis’ U.S. dealer network has joined the United Auto Workers union in criticizing CEO Carlos Tavares for the company’s recent sales

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