Amazon’s German Workers Walk Out Again
Workers at a German distribution center for Amazon.com have walked off the job over a pay dispute that has lasted nearly a year. At issue is how Amazon classifies its 9,000 German warehouse employees.
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Newest first · Page 106McDonald’s Offers Free Coffee!
Taco Bell has rolled out a new breakfast menu. To fight back against this new threat, McDonald's is giving away free coffee during breakfast hours for two weeks beginning March 31.
IPO Winner for HR Services Provider TriNet
TriNet, a provider of human resources solutions for small and medium-size businesses, launched its initial public offering Thursday, selling 15 million shares at $16 apiece.
Lower Revenue and High Fuel Costs Sink Carnival
Carnival reported better-than-expected first-quarter fiscal 2014 results before markets opened Tuesday morning, but also offered soft guidance, and shares fell in early trading.
Starbucks to Give Customers What They Want — Booze!
Starbucks has been testing alcohol sales at some 40 of the company's 11,500 U.S. stores, and the coffee purveyor said it is ready now to begin rolling out an evening menu of light snacks…
Hertz Hides Results Behind Spin-Off, Buyback
Hertz Global Holdings reported disappointing fourth-quarter and full-year 2013 results before markets opened Tuesday morning. The company also announced the spin-off of its equipment rental business.
Hertz Spin-Off News Gives Stock a Needed Boost
News that Hertz Global Holdings will spin off its construction equipment rental business pleased investors, who pushed shares sharply higher after the opening bell Monday. Details of the deal could be announced this week.
Workers Hit McDonald’s With Wage Theft Suits
Workers in California, Michigan and New York have filed class-action lawsuits against McDonald's and several franchise owners alleging wage theft, ranging from failure to pay overtime to depriving workers of meal and rest breaks.
Vornado Looks to Enhance Shareholder Value
Vornado Realty Trust apparently is looking for any avenue it can to generate more value for its shareholders. The New York-based commercial landlord reportedly is considering a spin-off of its suburban shopping centers as…
American Airlines Cuts Ties With JetBlue
Due to its greater reach along the U.S. East Coast arising from its recent merger with US Airways, American Airlines said Monday that it has ended its inline agreements with JetBlue Airways. It also…
McDonald’s February Sales Threaten First-Quarter Margins
In a near repeat of January's results, February same-store sales for McDonald's U.S. stores fell and the company's global sales were rescued by sales in Europe. McDonald's shares were down fractionally in premarket trading…
Is McDonald’s Setting Investors Up to Hike Wages for Employees?
Wikimedia CommonsWhen McDonald’s Corp. (NYSE: MCD filed its Form 10-K with the U.S. Securities and Exchange Commission on Thursday, the company listed a new risk factor to its business. The company said that its…
New Visa-MasterCard Payment Security Group to Focus on Technology
In the wake of recent high-profile data breaches, Visa and MasterCard said Friday that they have formed a new group aimed at improving payment system security. The new group will include banks, retailers and…
American Airlines on Pace for Record Annual Profit
Less than three months after its rebirth, American Airlines is on pace for a record annual profit estimated at $3.5 billion putting it ahead of rivals Delta Air Lines and United Continental.
TriplePoint Venture Capital IPO Hits the Tape
ThinkstockClosed-end, non-diversified investment firm TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) offered 8.33 million shares in an initial public offering (IPO) Thursday morning at a price of $15 a share. The underwriters have a…