Personnel
CNBC Day-to-day Open: Fears more than however a further hot inflation gauge
A guy walks earlier a grocery retail outlet on February 01, 2023 in New York City. Wages for personnel in most major U.S. cities grew at a slower tempo in the remaining three months of 2022, with inflation continue to outstripping spend for a lot of workers. Leonardo Munoz | Corbis News | Getty Illustrations […]
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Companies — profitable or not — make 2024 the year of cost cuts
Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that are turning a profit. Barbie maker […]
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UAW threatens to strike Ford truck plant in Kentucky if local issues aren't resolved
United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT — The United Auto Workers is threatening a labor strike at Ford Motor’s largest U.S. plant if local union demands aren’t resolved by next week. The Detroit union on Friday […]
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Most employer health plans don't cover new blockbuster weight loss drugs, but that's going to change
Many U.S. companies are grappling with health insurance coverage issues for workers when it comes to GLP-1 drugs for weight loss. Despite the hefty price tag — typically between $1,000 to $1,500 a month — consumers are clamoring for drugs like Novo Nordisk‘s Wegovy and Eli Lilly‘s Zepbound. This class of drugs, historically used to […]
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Nike to lay off 2% of employees, cutting more than 1,500 jobs during broad restructuring
A man wearing a protective face mask walks past a Nike brand store in Kyiv, Ukraine, on Dec. 10, 2020. Valentyn Ogirenko | Reuters Nike is cutting 2% of its current workforce, or more than 1,500 jobs, as part of a broader restructuring, the company said late Thursday. The Beaverton, Oregon-based sneaker giant said it […]
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CNBC Every day Open up: Problems around sluggish U.S. buyer paying
A family members eats lunch in the vicinity of a retail store promoting a Black Friday sale at the Pentagon City Mall in Arlington, Virginia, on November 22, 2023. (Image by ANDREW CABALLERO-REYNOLDS / AFP) (Photograph by ANDREW CABALLERO-REYNOLDS/AFP by means of Getty Illustrations or photos) Andrew Caballero-reynolds | Afp | Getty Visuals This report […]
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CNBC Day-to-day Open up: Weak U.S purchaser expending spells warning
Clients take a look at Macy’s Herald Sq. retail outlet on December 17, 2023 in New York City. Kena Betancur | Corbis News | Getty Illustrations or photos This report is from present-day CNBC Every day Open up, our global markets newsletter. CNBC Day by day Open up brings buyers up to pace on everything […]
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CNBC Everyday Open up: Inflation's stubborn staying electric power
Traders do the job the ground all through morning trading at the New York Inventory exchange (NYSE) forward of the US Federal Reserve’s final decision on lending charges, in New York on January 31, 2024. Angela Weiss | Afp | Getty Illustrations or photos This report is from today’s CNBC Each day Open up, our […]
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Pilots got their payday. Now flights attendants are pushing airlines for increased wages
CHICAGO, ILLINOIS – JANUARY 24: American Airlines employees picket at O’Hare Worldwide Airport on January 24, 2023 in Chicago, Illinois. The personnel, mainly flight attendants with the Affiliation of Qualified Flight Attendants (APFA), were picketing to demand superior performing circumstances as their agreement negotiations continue. (Picture by Scott Olson/Getty Photographs) Scott Olson | Getty Photos […]
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CNBC Daily Open: U.S. CEOs flip beneficial on the financial state
US President Joe Biden speaks about the financial state and the offer involving the United Vehicle Employees (UAW) Union and the big-a few automakers, in Belvidere, Illinois, on November 9, 2023. Olivier Douliery | AFP | Getty Illustrations or photos This report is from present-day CNBC Day by day Open up, our global marketplaces e-newsletter. […]
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