Bed Bath & Beyond taps new restructuring adviser as bankruptcy looms
Bed Bath & Beyond brings on AlixPartners as its restructuring adviser as bankruptcy looks likelier by the day. Once a meme stock craze, BBBY is now struggling.
Coinbase cutting 20% of workforce
Coinbase is making another round of cuts in order to weather ongoing conditions that have impacted cryptocurrency markets. This time its cutting 20% of its workforce.
Bed Bath & Beyond sales sink, will close 150 stores
Bed Bath & Beyond will not file bankruptcy and is implementing a new plan in 2023 that includes the closure of 150 locations.
Career challenge: Here are the smartest ways to transition smoothly to a new manager
HR and staffing experts weigh in on how to navigate working with a new manager. There are key things that can make this relationship productive — and other things that can hamper it.
Bed Bath & Beyond’s day of reckoning
Days after disclosing bankruptcy is a real possibility, Bed Bath & Beyond, on Tuesday, will update investors on what’s ahead for the embattled home retailer which has been plagued with falling sales, allegations of financial fraud which surfaced following the suicide of its CFO and mounting store closures.
BlackRock's Rick Rieder: Fed easing on rate hikes unlikely a 2023 event
BlackRock CIO of global fixed income Rick Rieder analyzes the 'complex' economic environment after the Fed warned inflation is more persistent than anticipated on 'The Claman Countdown.'
FTX business sales draw over 100 expressions of interest
More than 100 potential buyers have contacted the investment bank handling FTX's assets about acquiring for the collapsed crypto exchange's sub-businesses.
The debate swirling inside HR departments: how to lay off workers
In the age of remote work and with the return of labor unions and vocal workers, executives juggle how to best layoff workers amidst the predicted recession,
Fed 'soft-ish landing' might be back on the table: Jason Katz
UBS managing director and senior portfolio manager Jason Katz explains why investors should be looking to buy the agriculture space and provides his outlook on December's inflation report on 'Varney & Co.'
Layoffs are a great excuse to fire poor performers: Tom Gimbel
LaSalle Network founder and CEO Tom Gimbel analyzes the health of the jobs market after layoffs on Wall Street and in the tech sector on 'Cavuto: Coast to Coast.'
Sam Bankman-Fried’s defense team led by battle-tested lawyers
Sam Bankman-Fried was charged with stealing billions of dollars from FTX customers while misleading investors and lenders connected to his crypto-trading firm Alameda Research.
David Malpass shares his economic outlook for 2023: 'Sharp deterioration and it may be long lasting'
World Bank Group President David Malpass shares his economic, inflation, and energy price outlooks, as well as the mission of World Bank Group.
White Castle hiring robots to ‘give the right tools’ for serving more ‘hot and tasty food’: VP
As a solution to the post-pandemic hiring slowdown, White Castle Vice President Jamie Richardson says "Flippy" the robot has the "tools" to help cook up more "hot and tasty" food.
December jobs report's real numbers are anemic not robust. Here's why Americans should be wary
The December jobs report was released on Friday. The Biden administration touted the numbers as good news. But if we drill down there is not much to celebrate and a lot to worry about.
Victoria’s Secret CEO Amy Hauk exits amid 'woke' controversies
Victoria’s Secret brand CEO Amy Hauk will resign after just eight months running the lingerie giant.
John Carney: The Federal Reserve won't take their signal from falling wages
Breitbart economics and finance editor John Carney breaks down the December jobs report on decreasing wage growth and a CPI scandal on 'Kudlow.'
McDonald's mulling corporate job cuts
McDonald's is considering cutting some corporate jobs and will alert any affected staff by early April, CEO Chris Kempczinski told global employees Friday.
Bed Bath & Beyond bankruptcy could happen ‘this month’
Bed Bath & Beyond is expected to file bankruptcy in early 2023 amid slumping sales and weakening demand
December jobs breakdown: Which industries are hiring the most workers?
The December jobs report showed that payrolls increased by 223,000 workers last month, faster than expected as bars and restaurants hired more individuals.
Labor Department finds American Airlines retaliated against employees who reported toxic fumes on planes
The Department of Labor said that a whistleblower investigation found American Airlines retaliated against flight attendants who had reported worker illnesses from toxic fumes.