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High Vacancies in Real Estate Could Hurt Small Banks Despite Economic Recovery, Says Treasury Secretary

Treasury Secretary Janet Yellen informed lawmakers that while large banks have limited exposure, some smaller banks might face stress due to high office building vacancy rates, high interest rates, and declining valuations. Read more. ....

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Pizza Hut Eliminates 1,200 Delivery Drivers as Minimum Wage Bumps to $20 per Hour in April 2024

Adverse consequences are anticipated as fast-food chains implement measures to mitigate the impact of increased labor costs. Read more. ....

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Shell Extends Job Cuts on Division Basis: Scaling Back Hydrogen for a Leaner Organization

Jobs are being cut on a division basis, and impacted employees are being given redundancy packages or the opportunity to apply for other positions within the company. Read more. ....

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Hasbro, The "Toy Giant" Announces Providence Office Closure, Plans to Lay Off 1,100 Employees As Part of "Global Business Enablement Project"

Further job cuts will take place next year, emphasizing the goal of reducing management layers for a more flexible organization. Read more.. ....

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US Mediators Reject the Attempt by American Airlines Flight Attendants to Clear the Path for a Strike

The union's request to start a 30-day countdown for a potential strike was denied by federal mediators. Read more.. ....

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