Bed, Bath & Beyond plunges, jobless claims and more: Thursday's 5 things to know
Thursday morning will see a take of two stocks, Bed, Bath & Beyond is falling, while Wolfspeed is soaring. Reports on homes sales and jobless claims are also on tap.
Seattle CEO who made headlines for pay cut so workers could earn $70K resigns
Dan Price announced on Twitter that he was stepping down as CEO of credit card processing company Gravity Payments so he could fight "false accusations" of assault.
Plan to get railroad contract dispute moving involves 24% raises
The White House has appointed a special board to try and prevent a strike among major U.S. railroads that could hinder supply chains.
Amazon workers file for union election in upstate New York
The union movement among Amazon workers is continuing and now includes workers at a warehouse in upstate New York who have filed a petition for a union vote.
Delta Air Lines CEO: Summer travel volumes busiest in history
Ed Bastian discusses the challenges facing the airline industry as labor shortages persist on 'The Claman Countdown.'
Apple lays off 100 contractors in recruiting: report
The move by Apple is reportedly part of a broader push to cuts its spending and hiring amid economic uncertainty.
Massachusetts officials investigate former employee who allegedly shut down police website
A former employee of the city of Newton, Massachusetts, shut down the police department's website over an alleged pay dispute. A new website was set up to help residents.
Mike Rowe on China's claims that America is 'lazy': When you give humans an 'easy button,' they'll hit it
'How America Works' host Mike Rowe and mom Peggy Rowe discuss her new book 'Vacuuming in the Nude' and the challenges facing American workers on 'Varney & Co.'
Gen Z workers set their sights on social media manager, corporate recruiter, marketing manager roles
Generation Z worker are seeking roles that give them more ability to either make a social impact or shape a company's culture, according to a new report by employer review site Glassdoor.
American workforce continues to shrink, falls 400k since March after nearly hitting prepandemic levels
Data shows the number of U.S. workers has fallen 400,000 since March after coming close to reaching prepandemic levels, causing businesses to struggle to hire labor.
Peloton cutting over 700 jobs, raising prices on Bike+, Tread
Peloton's move comes as the fitness giant has announced an $800 million restructuring plan to turn its business around and create positive cash flow.
Meditation app Calm lays off 20% of workforce
Calm CEO David Ko said the future of the business would be discussed at an all-hands meeting on Friday. The company was founded in 2012 and had about 400 employees.
Walgreens is offering up to $75,000 to recruit pharmacists amid shortage
Walgreens typically offers signing bonus for pharmacists near $30,000 or $50,000, but due to staffing shortages, it is offering up to $75,000.
Teacher shortages continue as the 2022-2023 school year kicks off: 'We don't have a workforce'
There is an ongoing shortage of teachers and support staff. some officials say. Aside from the issues relating to the COVID-19 pandemic, teachers face a lack of respect, benefits and low pay.
Amazon worker deaths in New Jersey under investigation
Safety officials are investigating recent deaths at Amazon facilities in New Jersey, adding to a probe that was already underway.
HyperSocial CEO sets record straight after crying Linkedin post goes viral
HyperSocial CEO Braden Wallake didn't expect for his LinkedIn post to go viral. His intention was to show other business leaders that they weren't alone when deciding to let go of staff members.
Jobless claims rise to highest level in 2022
New applications for unemployment benefits ticked higher last week, evidence that the historically tight labor market is starting to loosen amid record-high inflation.
Producer prices, Disney shares rise and more: Thursday's 5 things to know
Investors will be watching for the latest inflation figures in the form of producer prices as well as the latest jobless claims.
July inflation breakdown: Where are higher prices hitting Americans the hardest?
Consumer inflation remained near a multi-decade high in July as the price everyday goods like food, rent and used cars marched higher, the Labor Department said.
Kentucky's Bluegrass Supply Chain Services LLC is investing $25 million into operations, will create 110 jobs
Bluegrass Supply Chain Services LLC is expanding its logistics capabilities in the food and beverage and automotive markets. The $25 million investment will create 110 jobs.


















