Jobs

The decision to "wind down of its retail operations" was made after the company's insurance providers failed to pay $175 million that was due under policies put in place to protect them from losses resulting from the COVID-19 pandemic.

As art of the CARES Act, the Pandemic Unemployment Assistance program is a bipartisan effort to ensure that Americans who lose their jobs for COVID-19 related reasons can survive economically.

The U.S. Centers for Disease Control and Prevention recommends that companies monitor employees for symptoms and alert those who may have been in contact with an infected person. Some states may order businesses to follow such guidance.

The report comes on the heels of new government data released last week that showed the economy added 1.4 million jobs in August.

Investors will examine the latest jobless and wholesale inflation reports

Embattled retailer JC Penney gets a lifeline from two of the nation's largest landlords in a deal valued around $800 million.

Former Starbucks CEO Howard Schultz on Wednesday said he is "trying to be a voice" for struggling small business owners by supporting a Senate bill known as the RESTART Act.

President Trump has made promises about bringing jobs back to American shores but has not delivered on them, Democratic presidential nominee Joe Biden said in Warren, Mich., on Wednesday.

United Airlines and the union representing its pilots said on Wednesday they have reached a tentative agreement to avoid furloughs of nearly 3,000 aviators.  

Banning natural gas and oil development on public lands and waters would cost Americans approximately 1 million jobs by 2022 and force the U.S. to import significantly more foreign oil, a top oil and natural gas industry group claimed in a new analysis on Wednesday.

Even after the holidays, UPS anticipates a " large number" of the recently hired employees will move into permanent positions. 

Amazon is adding 33,000 new corporate jobs, the tech giant announced ahead of its first virtual "Career Day" on Sept. 16.

The company expects to incur $550 million to $600 million in charges during its restructuring in fiscal 2020.