Strip club 'unlawfully retaliated' against dancers who brought up safety concerns, labor board says
Strippers who were fired and locked out from the topless bar where they worked were "unlawfully retaliated" against by management, the NLRB said last week.
Automaker Stellantis lays off hundreds of American workers, blaming high cost of making electric cars
Stellantis announced its decision to idle operations at an assembly plant in Belvedere, Illinois, next February, resulting in "indefinite layoffs" for workers.
Brace for a recession in 2023 as job losses top 2 million, Citi says
Citi economists said in a report this week that they are expecting an economic recession in 2023 as a result of the Fed's interest rate hike campaign.
Hyundai partners to build $4B plant in Georgia
Hyundai Motor Group is joining forces with a South Korean battery maker to build a $4 billion factory in Georgia to manufacture electric vehicle batteries.
Carvana creditors criticize management, gird for a fight
Carvana's creditors include Apollo Global Management Inc., Pacific Investment Management Co. and Ares Management Corp., all veterans of restructuring fights.
University of California academic workers strike stresses students: report
Undergraduate students on University of California campuses are reportedly stressed by the impact of a now month-long strike of tens of thousands of academic workers.
Inflation is 'No 1' concern for small businesses: John Gibson
Paychex CEO John Gibson on the state of small business, labor markets and the impact of inflation on 'Mornings with Maria.'
US wage growth slows sharply as job market cools off, new report finds
A new wage tracker from Indeed shows that salaries for newly posted jobs declined sharply from March, a sign the jobs market could be starting to cool off.
US states raising minimum wage, with four above $15
Multiple states in the U.S. are raising their minimum hourly wages come January 2023, with four states across the West and East Coasts increasing to $15 or above.
Olive Garden manager fired after time-off rant: 'If you’re sick ... prove it to us'
Olive Garden parent company Darden confirmed to a local news outlet that a Kansas-based manager who wrote a mean-spirited note to employees about taking too much time off is no longer with the company.
Jobless claims climb higher to 230,000 as economy cools
New applications for unemployment benefits increased last week, evidence the tight labor market is starting to loosen as the Fed raises interest rates.
For FTX customers, IRS Ponzi rules loom large
Tax expert says FTX customers should get guidance from the IRS in 2023 on how to report losses from Sam Bankman-Fried's bankrupt cryptocurrency exchange to avoid amending tax returns.
Carvana stock slides on bankruptcy risk
Carvana investors are fleeing as speculation swirls over the used car retailer's survival. Shares fell more than 30% during Wednesday's trading session.
European energy firms capture most leases in California offshore wind auction
The Biden administration sold offshore wind farm rights to mostly European countries for an area off the coast of California. Bids drew $757.1 million.
BlackRock freezes hiring, reduces spending, CFO says
Gary Shedlin, BlackRock's chief financial officer, reportedly said Tuesday that the firm is freezing most hiring and reducing spending in an effort to be "prudent" ahead of 2023.
Labor shortage a 'longer term problem': Ryan Payne
Payne Capital Management President Ryan Payne and Lexerd Capital Management CEO Al Lord join 'Mornings with Maria' to discuss the rise in rates affecting home buyers and mortgages, the job market with looming layoffs and the labor shortage.
BuzzFeed laying off 12% of workforce to cut costs amid 'challenging macroeconomic conditions'
Digital media company BuzzFeed said it's reducing its workforce by 12% in order to weather the economic downturn that it expects will continue into next year.
Ex-FTX boss Sam Bankman-Fried admits he should've done more stress testing before crypto firm's collapse
Sam Bankman-Fried spoke in a Twitter Space about the collapse of FTX and Alameda Research, along with his failure to stress test the crypto firms he founded.
Nursing 'burnout': Nurses worry shortage will worsen if measures aren't taken
Nurses are feeling physically and mentally drained from being overworked as an ongoing nursing shortage continues. If things don't change, experts fear it could get even worse.
Meta found 'cost religion': Evercore's Mark Mahaney
Evercore ISI fundamental research analyst Mark Mahaney explains why Meta is trending in the right direction and reveals 'resilient' internet stocks that could thrive during a recession on 'The Claman Countdown.'



















