GM delays return-to-office mandate after worker backlash

General Motors CEO Mary Barra speaks to reporters while awaiting the arrival of President Joe Biden on media day at the North American International Auto Show in Detroit, Michigan September 14, 2022. Rebecca Cook | Reuters DETROIT — General Motors is conducting damage control related to its plans to return to the office after a …

The Fed’s Evans is nervous about going too far and too quick with fee hikes

Charles Evans, President of the Federal Reserve Bank of Chicago, speaks at the National Association of Business Economics (NABE) Annual Meeting in Arlington, Virginia, Monday, September 27, 2021. Al Drago | Bloomberg | Getty Images Chicago Federal Reserve Chairman Charles Evans says he is concerned the Federal Reserve will raise interest rates too quickly to …

Southwest Airways employed a report 3,000 flight attendants thus far this yr

Passengers disembark from a Southwest Airlines flight departing from Las Vegas at Hollywood Burbank Airport in Burbank, California on October 10, 2021. Air traffic control and its own lack of available personnel. Robyn Beck | AFP | Getty Images Southwest Airlines has hired and trained 3,000 flight attendants so far this year, nearly triple the …

Brent crude slips beneath $85 a barrel because the greenback rises

An aerial view of the Phillips 66 oil refinery is seen in Linden, New Jersey, USA. Tayfun Cosku | Anadolu Agency | Getty Images Brent crude fell below $85 a barrel on Monday as recession fears and the US dollar surged. Brent futures for November settlement were down over 1% at $84.92 as of 8am …

A brand new minimal tax might hit Berkshire Hathaway and Amazon hardest, a research reveals

Berkshire Hathaway Chairman Warren Buffett is seen at Berkshire’s annual shareholder buyout day in Omaha, Nebraska, the United States, on May 3, 2019. Scott Morgan | Reuters The researchers applied the Anti-Inflation Act’s new 15% minimum tax to corporate earnings in 2021 and found that only about 78 companies would feel the burden, with Berkshire …

Prime 10 cities with one of the best pizzerias worldwide

Whether you like the thin style of a New York pie or prefer the chunkier Detroit-style option, you probably have pretty strong opinions about what makes the perfect piece — and where to find it. The Italian pizza experts behind 50 Top Pizza have released their 2022 survey, which ranks the best pizzerias in the …

Biden administration allocates $1.5 billion to battle opioid disaster

US President Joe Biden addresses the DISCLOSE Act in the Roosevelt Room of the White House on September 20, 2022 in Washington, DC. Saul Loeb | AFP | Getty Images The Biden administration announced Friday that it is providing $1.5 billion in grants to help states, territories and tribal areas combat the opioid crisis. The …

Tech shares are posting their worst two-week stretch for the reason that pandemic started

What started as a third-quarter rebound has turned into a flop for tech investors. The Nasdaq Composite plunged 5.1% this week after losing 5.5% the previous week. This is the worst two-week stretch for the tech-heavy index since it plunged more than 20% in March 2020 at the start of the US Covid-19 pandemic related …

JetBlue Fleet Service workers are searching for a union election

A JetBlue passenger jet (Embraer 190) taxis at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Images A major airline union said on Friday it had enough support among JetBlue Airways’ approximately 3,000 fleet service workers to request a union vote on the latest move to organize workers. The …

The Swiss central financial institution hikes rates of interest as inflationary pressures hit exhausting

Swiss National Bank (SNB), the central bank of Switzerland. FABRIC COFFRINI | AFP | Getty Images The Swiss National Bank opened its key interest rate on Thursday 0.5%, a shift that ends an era of negative interest rates in Europe. The 75 basis point hike follows a hike to -0.25% on June 16, the first …