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Stock futures point to cautious gains following Wednesday"s rally
Alibaba Chairman Jack Ma is backing down on his promise to create 1 million jobs in the U.S. over the next five years due to the U.S.-China tariff battle......»»
Canadian electric vehicle maker to build buses and trucks at new Joliet factory, creating 745 jobs over next three years
The Lion Electric Company, a Canadian EV truck manufacturer, plans to build a $70 million factory in Joliet to produce up to 20,000 electric trucks and buses a year and create at least.....»»
Stella & Chewy"s can collect $2 million state incentive to create 245 jobs in Oak Creek
Stella & Chewy’s LLC can collect up to $2 million in state of Wisconsin tax credits for an expansion in Oak Creek that is expected to create 245 jobs within three years and spur $65 million in new production equipment purchases......»»
Amazon CEO Jeff Bezos stepping down as company rakes in record revenues
Bezos' announcement comes a little more than two years after Amazon revealed plans to establish a $230 million Operations Center of Excellence in downtown Nashville, the single largest jobs announcement in Tennessee history......»»
PSE&G to invest $166 million in EV-charging infrastructure, creating 270 jobs
PSE&G Co., a subsidiary of Public Service Enterprise Group Inc. , said Wednesday that it expects to invest $166 million over six years and create about 270.....»»
Market Snapshot: Stocks slump at the open as 36 million jobs vanish in wake of coronavirus, Trump turns hawkish on China
U.S. stock-index futures traded sharply lower Thursday after data showed nearly another 3 million Americans lost jobs last week, down slightly from the prior week, but it still means about 36 million jobs have been lost to the COVID-19 pandemic......»»
Economic Report: Great Depression 2020? The unofficial U.S. jobless rate is at least 20%—or worse
The U.S. unemployment rate exploded to 14.7% in April after more than 20 million jobs were lost to the coronavirus, but that is just the official number. The real jobless rate was at least 20%......»»
Unemployment hits 14.7%, highest since Great Depression, as U.S. sheds 20.5 million jobs
The labor market has entered its darkest period since the Great Depression and many analysts believe it could take years to recover......»»
Treasury yields rise after record drop in April nonfarm payrolls
Treasury yields rose after the release of the official jobs report. The U.S. economy shed a record 20.5 million jobs in April, but fewer than.....»»
Dow, S&P fall as US-China tensions rise over coronavirus crisis
The ADP national employment report released Wednesday morning showed U.S. companies cut 20.2Â million jobs in April as the COVID-19 pandemic forced them to close at least temporarily......»»
Economic Report: Coronavirus erases almost all the 23 million new jobs created since the Great Recession
It took 10 years for the U.S. economy to create 23 million new jobs. It took the coronavirus pandemic just a month to destroy almost as many......»»
Economic Report: The U.S. officially lost 701,000 jobs in March, but in reality millions vanished
The U.S. lost 701,000 jobs in March, the government’s employment official scorecard showed, but the real losses were much greater: At least 10 million jobs and counting as the coronavirus bore down on the economy......»»
NewsWatch: The U.S. officially lost 701,000 jobs in March, but in reality millions vanished
The U.S. lost 701,000 jobs in March, the government’s employment official scorecard showed, but the real losses were much greater: At least 10 million jobs and counting as the coronavirus bore down on the economy......»»
Exclusive: Coronavirus crisis could destroy far more than 25 million jobs - ILO official
The number of jobs lost around the world due to the coronavirus crisis could be "far higher" than the 25 million the International Labour Organization (ILO) estimated just a week ago, a senior ILO official said on Thursday......»»
Roughly 5 million people in China lost their jobs in the first 2 months of the year
The jump in unemployment was just one of several data points released Monday that showed how severely the virus has hit growth in the world's second-largest economy......»»
Understanding How Employee Training Programs Can Ultimately Impact Revenue
Unemployment rates are at a record low, the United States added more than 5.3 million jobs in the first two years of Trump’s presidency. Interes.....»»
Manufacturer to invest nearly $24M in Alabama expansion
Another automotive supplier is expanding in Alabama. Borbet Alabama plans to expand its Auburn operation with a $23.9 million project that will create 25 jobs over the next two years. The Germany-based company manufactures light metal alloy wheels f.....»»
A top US health official say the US needs 300 million face masks for healthcare workers. But masks are not necessarily effective against coronavirus.
China Daily/Reuters Health and Human Services Sec. Alex Azar said the US needs at least 300 million face masks for health officials as the country braces the rapid spread of the coronavirus. The HHS secretary said the US already has 30 milli.....»»
The official who led the global fight against SARS called China"s quarantine of 50 million people an unprecedented "grand experiment" that could turn harmful
Getty Images China's decision to quarantine some 50 million people to stop the spread of a deadly coronavirus is .....»»
US Trade Deficit With China Has Cost 3.7 Million US Jobs
A new study from the Economic Policy Institute reports that the U.S. trade deficit with China has cost 3.7 million U.S. jobs since 2001......»»