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NewsWatch: Retail sales crater record 16% in April amid coronavirus lockdowns and spending slump

Sales at U.S. retailers sank a record 16.4% in April after coronavirus lockdowns shuttered much of the economy, cost millions of jobs and triggered an unprecedented slump in consumer spending......»»

Category: topSource: marketwatchMay 15th, 2020

Economic Report: Retail sales crater a record 16.4% in April amid coronavirus lockdowns and spending slump

Sales at U.S. retailers sank a record 16.4% in April after coronavirus lockdowns shuttered much of the economy, cost millions of jobs and triggered an unprecedented slump in consumer spending......»»

Category: topSource: marketwatchMay 15th, 2020

Oil plunges to lowest since 1986 amid historic glut

Oil plunged to the lowest level since 1986 as a deadly pandemic ravaging global economies threatens to erase an entire decade of demand growth, slashing thousands of jobs and wiping out hundreds of billions of dollars from company valuations......»»

Category: topSource: moneycentralApr 20th, 2020

Oil plunges to lowest since 1986 amid historic glut

Oil plunged to the lowest level since 1986 as a deadly pandemic ravaging global economies threatens to erase an entire decade of demand growth, slashing thousands of jobs and wiping out hundreds of billions of dollars from company valuations......»»

Category: topSource: moneycentralApr 20th, 2020

Furniture retailer Wayfair is slashing hundreds of jobs

Wayfair is cutting about 3% of its workforce, or roughly 500 jobs, a spokesperson confirmed to CNBC. The online furniture company has been criticized for the high costs to run its business......»»

Category: topSource: moneycentralFeb 13th, 2020

JPMorgan slashing hundreds of jobs in asset, wealth division, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 27th, 2019

GM cuts hundreds of jobs as car sales continue to slide

General Motors is cutting several hundred jobs at its plant in Lordstown, Ohio as the automaker adjusts to d.....»»

Category: topSource: moneycentralApr 13th, 2018

Tesla is playing a brutal price game of "how low can you go" with its Chinese EV rivals

Tesla has been slashing prices for its vehicles in the Chinese, US and European markets amid declining sales. Tesla vehicles sitting on the lot at a Tesla d.....»»

Category: smallbizSource: nyt3 hr. 24 min. ago

"Not Something Steve Jobs Would Probably Do": Gurman Says Apple Should Go Against The Grain And Lower iPhone"s Price Point

Apple is expected to see a year-over-year sales decline in the March quarter, as both its flagship iPhone and the crucial China market are facing challenges. read more.....»»

Category: blogSource: benzingaApr 21st, 2024

We now know more about where Tesla is slashing jobs

Tesla laid off 280 workers at its fa.....»»

Category: personnelSource: nytApr 18th, 2024

The full list of major US companies slashing staff this year, from Tesla to Google and Apple

Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Amazon, IBM, Google, UPS and Tesla are among those shedding staff. Elon Musk informed Tesla employees that the company would be making cuts overni.....»»

Category: smallbizSource: nytApr 15th, 2024

L.A. to provide resources to hundreds of 99 Cents Only workers losing their jobs

Los Angele.....»»

Category: topSource: latimesApr 12th, 2024

Fujifilm Diosynth adds 680 more jobs, $1 billion to North Carolina expansion

The biotechnology company is surging its presence in Wake County by adding hundreds of jobs and investing an additional $1.2 billion at a massive facility......»»

Category: topSource: bizjournalsApr 11th, 2024

Daily Digest: Frontier Airlines heightens SFO service; Tech unicorn to cut hundreds of S.F. jobs

Good morning, Bay Area. Starting your daily roundup with the economy, the consumer price index rose 3.5% in March, higher than expectations and marking an uptick in inflation. In local transportation, Caltrans said a new section of southbound H.....»»

Category: topSource: bizjournalsApr 10th, 2024

The best Memorial Day 2021 mattress sales you can shop right now - including some rare and exclusive deals

Mattress companies like Casper, Purple, and Leesa have already launched Memorial Day sales. You can save hundreds on our top mattress picks. If you buy through our links, we.....»»

Category: smallbizSource: nytMay 20th, 2021

Orange County government added hundreds of jobs in 2020 despite Covid-19 pandemic

All departments gained employees through the end of the year......»»

Category: topSource: bizjournalsMay 14th, 2021

Mana Up, Shop Small Hawaii team up to host virtual job fair for Hawaii small businesses

Over 20 local entrepreneurs at the event are looking to fill intern, part-time, and full-time jobs for positions such as marketing managers, retail assistant store managers and e-commerce sales specialist positions......»»

Category: topSource: bizjournalsMay 12th, 2021

Spirit AeroSystems ramps up hiring in Wichita

One of Wichita's largest employers will be adding hundreds of jobs back to its aircraft factory by the end of the year......»»

Category: topSource: bizjournalsMay 10th, 2021

Hundreds of jobs available in North Texas as arts and entertainment scene recovers

Dickie’s Arena in Fort Worth is looking to fill more than 300 positions as it books more acts......»»

Category: topSource: bizjournalsApr 30th, 2021

Feds: Two Chick-fil-A managers stole hundreds of thousands of dollars

The two former managers tricked customers into sending payments for catering orders and other restaurant sales to accounts under their control, the feds charge......»»

Category: topSource: bizjournalsApr 29th, 2021