Economy
Arby's employee found dead in freezer had 'beat her hands bloody' trying to escape, lawsuit says
The family of an Arby's employee who was found dead inside a walk-in freezer at a Louisiana restaurant is suing the owners for wrongful death and gross negligence.
McDonald's, Chick-fil-A track customers through apps to slash wait times
Fast-food giants McDonald's and Chick-fil-A are tracking customers' locations on their apps to improve mobile order service and reduce wait times.
Tight labor market has increased demand for teens in summer jobs
The proportion of teenage Americans who have jobs has trended up amid a tight labor market and rising wages, and states are looking to make it easier for businesses to hire teens.
Michelin sells Russian division, exits country amid war
French tire manufacturer Michelin has sold off its assets and business operations in Russia to Power International Tires, officially exiting the market.
Costco CFO talks eggs, nuts and meat inflation
Costco CFO Richard Galanti on Thursday offered some observations on inflationary pressures, saying they continue to "abate somewhat" for the retailer.
Southern accents could cost job seekers a 20% wage penalty, study finds
A new study found that job seekers with a Southern accent could make thousands of dollars per year less than people with a "standard" accent.
Moody's warns of AAA downgrade unless US makes $2B mid-June interest payment
Moody's expects Congress and the White House to reach a deal on raising the U.S. debt limit in time to avoid default, but warns a downgrade is coming if a mid-June payment is missed.
Treasury auction signals possible leeway on June 1 debt ceiling deadline
The Treasury Department announced auctions for short-term Treasury bills will proceed next week in a sign the government may have additional time to raise the debt limit after June 1.
Another Fed rate hike could be in play during June meeting
The Federal Reserve may hike interest rates for the 11th straight time in June amid signs of stubbornly high inflation, according to Wall Street traders.
Acquirer of Silicon Valley Bank announces layoffs at the failed institution
First Citizens Bank announced Wednesday they will be laying off employees. The bank took over the remnants of Silicon Valley Bank after it failed during a March bank run.