Baby formula shortage: Out-of-stock rate continues to worsen, jumping to 73.5%
Abbott Nutrition's Sturgis, Michigan, facility is expected to restart production this week, but that still means products from the plant won't likely return to store shelves until at least mid-July.
Biden cites strain on families from infant formula shortage
To ease the baby formula shortage, the Biden administration's strategy calls for importing foreign supplies and using the Defense Production Act to speed domestic production.
Netflix explores livestreaming with plans to launch unscripted content, events
While the streaming company is currently in the early stages of development, its efforts are concentrated on unscripted content and live events.
Housekeepers struggle as US hotels ditch daily room cleaning
Many hotels across the United States have done away with daily housekeeping service, making what was already one of the toughest jobs in the hospitality industry even more grueling.
CEO pay up 17% as profits, stocks soar; employees fall behind
Compensation for CEOs who run the largest companies in America jumped to an average of $14.5 million.
Walmart expands drone delivery service to 6 US states
Walmart is expanding its drone delivery service this year and said customers can order anything totaling up to 10 pounds to be delivered in 30 minutes.
Netflix lays off 150 employees amid subscriber losses
Netflix said the positions represent 2% of the streaming company’s total workforce, which includes nearly 11,000 employees. Most of the employees were U.S.-based.
Remote work may ‘improve resiliency of employees,’ study finds
The aim of the study was to evaluate the impact of Hurricane Harvey on workplace productivity among displaced employees.
Robocalls have increased by millions in recent months
Robocalls jumped by over 600 million from February to March, YouMail tracker found
Local flower shops navigating supply chain issues for Mother's Day
If you’re reading this now, it may be too late to order the flower arrangement you want.
Boeing to move global headquarters to Arlington from Chicago
Boeing has announced that its Arlington campus will serve as the company’s global headquarters.
Kohl’s, Walmart to pay $5.5 million for falsely claiming rayon products were bamboo, FTC says
In complaints filed, the government alleged that Kohl’s and Walmart advertised towels, sheets, pillows, and other products as being made of bamboo when such products were actually made of rayon.
Amazon shuttering multiple Whole Foods stores
Six Whole Foods Market stores in the U.S. are set to close. There are more than 530 Whole Foods locations nationwide.
100-year-old man breaks world record for longest career at same company
Walter Orthmann started working at the company when he was 15 years old.
Hertz to face 100 new false arrest claims from customers
Hertz files over 3,000 police reports annually in connection to its rental vehicles
Dunkin' adds cornbread donuts, donut holes to menu
Dunkin’s new spring and summer menu is here, and it’s adding sweet and savory to the mix.
Exxon profits surge; $3.4 billion hit from Russian exit
Exxon profits have doubled in the last year, but the oil giant is taking a big hit from the Russian invasion of Ukraine.
Family Dollar sued by Arkansas over rodent infestation at facility
Officials said over 1,000 rodents were found at a Family Dollar distribution facility, prompting the chain to recall items and close 404 stores in six states.
64% of employees would rather quit their jobs than return to the office full-time, survey finds
An average of 36.8% of the workforce was back in offices during the fourth week of February in 10 major U.S. cities monitored by Kastle Systems, which tracks building access-card swipes.
Biden to take 'hard look' at student loan forgiveness
President Biden said he is considering forgiving some federal student debt, a step that would help him fulfill a campaign promise and provide relief to borrowers.