Jobs

The job market shows “very strong trends” after a nationwide reopening from an economic shutdown due to the coronavirus pandemic, U.S. Labor Secretary Eugene Scalia said on Thursday.

The number of Americans applying for state unemployment benefits remained historically high last week, a sign that layoffs are still hampering the U.S. economy's recovery from the coronavirus pandemic.

The job losses within drinking and eating places exceeded job gains by a wide margin, with 32 states seeing a net decline of jobs between August and September.

On Monday, SmartAsset released a report that found the fastest-growing job in all 50 states, plus Washington, D.C.

The cuts are about 24% of the company’s workforce

"In the event the company determines that these sources of liquidity will not be available to it or will not allow it to meet its obligations as they become due, it would likely seek an in-court or out-of-court restructuring of its liabilities," AMC said in an SEC filing Tuesday. "In the event of a future liquidation or bankruptcy proceeding, holders of the company’s common stock would likely suffer a total loss of their investment." 

Amazon is looking to take the suburbs of "The Windy City" by storm with its latest grocery concept and wants to hire 1,500 people to help do it.