Dressbarn closing 62 more stores, expects to shutter all locations by 2019
Dressbarn announced Thursday that it will close 62 stores in July and August, with nine closing in July and 53 in August.
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JCPenney hires advisers to examine debt restructuring: report
Retailer JCPenney has reportedly hired advisers to examine debt restructuring opportunities, sources told Reuters.
Minimum wage hike fight continues after Seattle firm files bankruptcy
The minimum wage fight continues as a Seattle firm says high wages were a major reason for filing bankruptcy.
Starbucks hits military hiring goal of 25,000 veterans, spouses years ahead of schedule: Exclusive
The company has set a new goal to hire 5,000 veterans and military spouses each year.
House Democrats pass Raise the Wage Act to lift minimum wage to $15
The current federal minimum wage is $7.25 per hour.
This job has the happiest workers in US: report
A survey by Bloomberg found that those who are firefighters, despite making an average salary of $50,000 a year, are the happiest in their profession.
US weekly jobless claims rise as expected
Data for the prior week was revised to show 1,000 fewer applications received than previously reported.
Kohl’s hiring seasonal workers for back-to-school and holiday shopping
Looking for work? Kohl’s said it’s hiring an early wave of season workers at almost twice as many stores as last year.
IKEA closing its only US factory, will move operations to Europe: report
IKEA plans to close its only U.S. factory site and shift operations to Europe.
Democrats to push $15 minimum wage amid party infighting
The CBO estimated the Raise the Wage Act could eliminate as many as 3.7 million jobs.
These 15 flexible side jobs will help professionals increase their incomes, analysis says
These 15 flexible side jobs will help workers earn some outside of their professional career, according to FlexJobs.
Deutsche Bank CEO says he scolded executives for getting suits fitted on day of layoffs
Deutsche Bank CEO Christian Sewing told a German newspaper that he scolded senior members at its London office for getting suits fitted on the same day hundreds of fellow staffers lost their jobs.
Charming Charlie to shutter all 261 stores after filing Chapter 11 bankruptcy
Fashion accessories retailer Charming Charlie filed for Chapter 11 bankruptcy Thursday and will shutter all of its 261 stores.
You can't turn truck drivers into coders, Andrew Yang says of job retraining
Part of Yang’s 2020 campaign centers on the rise of automation in the U.S. economy.
Amazon's new Georgia fulfillment center will add 1,000 jobs: governor
Georgia will be home to a new Amazon fulfillment center that’s set bring 1,000 new jobs to the state, the governor announced Wednesday.
Trump says he didn’t use banks because he didn't ‘need their money’
President Trump refuted reports that few banks wanted to lend money to him following a series of corporate bankruptcies and defaults starting in the early 1990s in a series of tweets Thursday.
Amazon says it is investing over $700M to upskill 100,000 employees
Amazon announced it was planning to spend more than $700 million to upskill 100,000 employees or one in three staffers.
US weekly jobless claims fall to three-month low
The claims data is entering a period of volatility as auto manufacturers temporarily shut down assembly plants for summer retooling.
Movers & Shakers: July 11, 2019
Stories moving the markets and shaking up the world.
Employment among ‘prime age’ men declining, triggering 'alarm'
Recent research showed the white working class is also diminishing.