Lobster businesses in a pinch as higher prices cause slowing demand
FOX Business’ Jeff Flock reports from Jonesport, Maine, where rising fuel and bait costs aren’t reeling in the big bucks.
Half of US companies preparing to cut jobs, survey shows
Companies across the country are preparing to cut jobs or are implementing hiring freezes, a new PwC survey showed, a sign the labor market is starting to soften.
Wayfair cutting 5% of global workforce
Furniture giant Wayfair is slashing 870 jobs in order to become more profitable after its quarterly results released earlier this month missed expectations.
FedEx Ground contractors sound the alarm on ‘enormous financial distress’ impacting deliveries
Route Consultant founder and president Spencer Patton explains how FedEx Ground’s delivery network is at risk of collapse due to inflationary pressures.
Soaring inflation driving retired employees back to the workforce
Retiring has always caused anxiety for people who have spent their lives building a career. High inflation is leading more people to return to the workforce.
Plan for rail contract deal doesn't address concerns: union
A report issued by a Biden-appointed board to help get stalled railroad contract talks going is getting pushback by union officials.
GM, LG Energy Solution looking at Indiana for battery plant
General Motors and LG Energy Solutions are developing plans to build a fourth U.S. battery plant potentially in New Carlisle, Indiana.
Federal judge orders Starbucks to give fired union activists their jobs back
Starbucks must rehire seven baristas who were fired earlier this year after speaking with the media about their unionization push, a judge ruled on Thursday.
Severe bus driver shortage persists as school year about to kick off
Some companies are increasing wages to attract bus drivers as the driver shortage continues with the school year fast approaching.
Lowe's helping hourly front-line employees fight inflation with $55M in quarterly bonuses
A Lowe's spokesperson told FOX Business that the "Winning Together" profit-sharing bonus will be paid to front-line store, supply chain and contact center associates in the U.S. on Sept. 9.
Bus driver shortage lingers with school year starting
FOX Business' Madison Alworth reports from Chicago, outlining the incentives being offered to recruit school bus drivers amid the shortage.
Jobless claims drop slightly, with 250,000 Americans filing for unemployment benefits
Jobless claims edged down last week to 250,000, but the number of Americans filing for unemployment benefits remains near the highest level recorded in eight months.
Sweetheart union deal will undermine Inflation Reduction Act’s clean energy agenda
Unions benefit from sweetheart deal buried in new Inflation Reduction Act. But construction firms and climate activist oppose the harmful regulations.
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.