Bed Bath & Beyond can't pay creditors, bankruptcy looms
Bed Bath & Beyond has filed with the SEC stating they do not have available resources to pay outstanding debt and will consider a variety of strategic alternatives including further cost reductions and bankruptcy.
Tech layoffs continue as IBM, SAP announce massive cuts
Tech sector layoffs continue, as SAP announced they plan to cut about 3,000 employees on Thursday, a day after IBM announced they will lay off nearly 3,900 workers.
Chipotle hiring 15K in preparation for 'burrito season'
Fast-casual restaurant chain Chipotle announced plans to hire 15,000 employees before its busiest season. The company is continuing its accelerated expansion plans.
Market expert predicts a 7% unemployment rate by the end of 2023: ‘That’s recession’
Market expert Mark Tepper breaks down the several economic issues plaguing the U.S.'s housing market and how that could lead to a spike in unemployment.
Dow to cut 2,000 jobs, plans to save $1B in costs
Dow Inc. is starting a corporate restructuring plan and will lay off 2,000 workers around the world in an effort to save $1 billion in costs this year.
FTC warns of job scams amid recent layoffs in tech and other industries
The U.S. Federal Trade Commission (FTC) on Wednesday issued an alert to consumers to be wary of job scams amid recent layoffs in tech and other sectors.
Luno crypto exchange announces job cuts affecting 35% of employees
Luno, a cryptocurrency exchange owned by Digital Currency Group, announced a large round of job cuts on Wednesday, which will affect 35% of the firm's headcount.
Juul in deal talks with three tobacco giants
Juul is looking for a new backer as FDA order banning its vaporette remains in limbo pending trial. Talks have included Philip Morris, Japan Tobacco Group, and Altria.
Market has 'big challenges' in front of it: Jim Lacamp
Morgan Stanley Sr. Vice President of Investments Jim Lacamp and Payne Capital Management President Ryan Payne discuss the markets ahead of earnings releases and provide outlooks for tech and energy stocks.
Californians put fast-food law on 2024 ballot
A law aimed at raising fast-food workers' wages and creating better working conditions will get put to California voters in 2024.
Serta Simmons files for bankruptcy
Serta Simmons Bedding has filed a pre-arranged bankruptcy though it says business fundamentals remain strong despite financial challenges from a slumping mattress industry.
LEGO Group moving North American HQ to Boston
The LEGO Group announced Tuesday that its relocating its North America office to central Boston by the end of 2026 in order to support the company's "long-term growth ambitions."
The US tipping system has become 'crazy': Taylor Riggs
'The Big Money Show' co-hosts discuss when it's appropriate to generously tip for a service and when it's not.
Big Tech layoffs suggest something bigger is coming: Kevin Hassett
Former Council of Economic Advisers Chairman Kevin Hassett reacts to some Big Tech giants slashing jobs, telling 'Cavuto: Coast to Coast' data indicates the economy is heading towards a recession.
Walmart hiking wages for US employees
Walmart U.S. announced Tuesday the company is raising wages for its associates across the nation, which it expects will bring its average hourly rate above $17.50.
Customers claim tipping is getting out of control
FOX Business' Stuart Varney and Lauren Simonetti discuss the new social pressures around being 'solicited' for a tip at quick-service or to-go restaurants.
3M cutting thousands of jobs, profits tumble
3M, the maker of Scotch Tape and Post It Notes, will reduce 2,500 jobs at locations around the world due to macroeconomic uncertainty.
Arthur Herman warns of threat coming to white collar workers
Hudson Institute senior fellow Arthur Herman discusses Microsoft's investment in ChatGPT-maker, the threat of AI programs to future jobs and the impact of AI on national security.
Google's Sundar Pichai reportedly says yearly bonuses of executives will see 'very significant' cuts
CEO Sundar Pichai has said the yearly bonuses of some higher-ups at tech giant Google will see "very significant" reductions, Business Insider reported.
Sharpie, Yankee Candle parent Newell Brands reducing its office jobs by 13%
Newell Brands will soon start reducing its office staff by 13%, the corporate parent of brands such as Sharpie and Yankee Candle announced on Monday.



















