Sprint Fired 452 Employees Last Weekend, Keeps Chasing Low-End Data Consumers

In an effort to maintain its position as the low-cost leader in wireless data, Sprint Corp. (NYSE: S) today announced a 1-gigabyte shared data allowance for $20 in its Family ...
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What Do Google’s 55,030 Employees Do?

Wall Street was disappointed by Google's third-quarter results. Most of the blame was placed on paid clicks, one of the company's most carefully watched metrics. A little less prominent in ...
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Starbucks Gives Its Workers a Raise

In a period in which debates over the minimum wage roar and retailers consider paying their workers more, Starbucks Corp. (NASDAQ: SBUX) is among the companies that compensates its workers ...
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WMT strike Black Friday 2012

Walmart Workers Now Seek $15 an Hour, Full-Time Work

Workers at nearly 1,700 Wal-Mart Stores Inc. (NYSE: WMT) stores have signed a petition calling on the company to raise minimum pay to $15 an hour and to provide consistent ...
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Los Angeles Sets $15.25 Target for City’s Minimum Wage

In a measure introduced by the city’s mayor, the City Council of Los Angeles is now considering a proposal to raise the minimum wage in the city to $13.25 by ...
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Walmart Cuts Health Benefits for Part-Timers

One day after announcing a plan to sell health insurance in about 2,700 of its more than 4,000 U.S. stores, Wal-Mart Stores Inc. (NYSE: WMT) said on Tuesday that it ...
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JOLTS Report: US Job Openings Highest Since January 2001

The U.S. Labor Department has released its monthly Job Openings and Labor Turnover Survey for the month of August. While this is a bit of a look back, compared to ...
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Outdoor Advertising

NY Times to Slash 100 Newsroom Jobs, After Paying Chief $5 Million

The New York Times Co. (NYSE: NYT) announced Wednesday that it will cut 100 newsroom jobs and a smaller number of jobs on the business side of the newspaper as ...
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ADP Shows Payrolls Recovery in September

ADP has released its September private sector payrolls data. This is used by economists and traders as a barometer for each month's U.S. Labor Department payrolls report. ADP said private ...
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Weekly Jobless Claims Holding Under 300,000

The U.S. Labor Department has released its weekly jobless claims, and we have another week of less than 300,000 in new claims. The trend is still lower, with claims rising ...
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Los Angeles Hotel Workers on Track for Minimum Wage of $15.37

The Los Angeles City Council is scheduled to take a final vote next week on a proposal to raise the minimum wage for workers at the city’s large hotels to ...
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Women Slam Walmart on Pregnancy Policies

Citing what they call “the illegal and unethical treatment of pregnant workers,” a group of mothers who work for Wal-Mart Stores Inc. (NYSE: WMT) met in Chicago on Wednesday to ...
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German Workers Walk Out at Amazon Warehouses

For at least the third time in 2014, Inc. (NASDAQ: AMZN) has been hit by a workers walkout at its German warehouses. Workers at two distribution centers in Bad ...
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Philadelphia Fed Posts Huge Gains in Employment

The Philadelphia Federal Reserve released its Business Outlook Survey Thursday. Firms indicated that there was continued growth in the region’s manufacturing sector for September. The current activity index fell from ...
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CEOs See Slower Sales, Hiring and Capital Spending

The Business Roundtable's third-quarter 2014 CEO Economic Outlook Index signal that chief executives expect growth to slow in the six months ahead. The real risk here is that they see ...
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