Jobs

The number of Americans applying for state unemployment benefits remained significantly higher than pre-pandemic levels last week

The deal marks REV's latest purchase of a retail brand since Covid-19 began spreading in the U.S. Earlier this year, the company bought the e-commerce business of Pier 1 Imports Inc. and the trademark assets of Modell's Sporting Goods out of bankruptcy.

Among the possible changes: innovation in video communications that will allow people to use avatars to have one-on-one conversations during group calls; the increased use of artificial intelligence, which could both help and hurt employee engagement; and technological improvements that can help organizations enhance workplace safety.

Investors will also get to digest reports on manufacturing and housing

The employees are in the R&D and manufacturing area

Even as the economy rebuilds from the recession, adding back more than 10 million jobs in just a few months, many jobs will not be coming back any time soon, according to a new Glassdoor report on the outlook of the workforce post-COVID-19.

Bath & Body Works posted a 55% jump in quarterly sales as the coronavirus fueled demand for soap and hand sanitizer, helping its parent company offset another quarter of declining sales at its Victoria’s Secret lingerie brand.

"For nearly 50 years, Starbucks has been a leader in providing relevant, industry-leading benefits and a total compensation approach that is best-in-class for both part and full-time employees," a Starbucks spokesperson said in a statement. "Continuing in that tradition, this announcement is the next phase of its commitment to ensuring the well-being of partners with one of the most significant investments to hourly pay in the U.S. in the history of the company."

Tech titan Keith Rabois announced this week he is leaving California's Silicon Valley and moving to the Floridian metropolis of Miami. 

While more employees are paying attention to their health plans, droves of others are grappling with how to obtain insurance after a swath of industries were forced to lay off employees in an attempt to weather the virus-related economic downturn. 

Shoppers are spending more than ever on videogames, and one of GameStop Corp.’s biggest investors says the struggling retailer should get a bigger piece of the pie.

The companies have agreed that Simon will pay $43 a share for Taubman under the new deal, they said Sunday. That is down from the original price of $52.50.

Bath Iron Works is one of the Navy’s largest shipbuilders and is a major employer with 6,800 workers in Maine

The company expects to file voluntary petitions for reorganization following Chapter 11 in the U.S. bankruptcy court