Starbucks union creates $1 million fund to cover lost pay for striking baristas

A protester waves a sign that read "unionize" near the Country Club Plaza Starbucks store where dozens of Starbucks employees and union supporters protested alleged anti-union tactic...

Google’s Owner Paid $296,000 to a Typical Worker. Here’s What Other Firms Pay

With a booming economy and a tight job market, median pay rose last year for most S&P 500 companies, according to a Wall Street Journal analysis. Google parent Alphabet and Facebook Meta Platforms...

Autoworker union accuses GM’s joint venture of denying access for organizing

Striking United Auto Workers members and supporters attend a speech by Vermont Sen. Bernie Sanders outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael ...

Looking for $100,000 Salary? See How Much the Biggest U.S. Companies Pay Workers

By John Stensholt and Nate Rattner May 31, 2022 7:00 am ET Wages for the median workers at the majority of big American companies are higher than they were before the pandemic, with the tight job mark...

Microsoft Joins the Tech Sector Hiring Slowdown

Text size The news comes after the tech giant said it would nearly double its worldwide budget for staff.  Lisa Maree Williams/Getty Images Microsoft said it is going to slow hiring in select division...

U.S. job market divide boosts some workers’ prospects, puts others on notice

A help wanted sign is displayed in the window of a Brooklyn, New York business. Spencer Platt | Getty Images Cracks are forming in the U.S. labor market as some companies look to curb hiring while oth...

Fraud had big role in $163 billion pandemic unemployment system leak

Courtneyk | E+ | Getty Images More than $163 billion in benefits likely leaked from the unemployment system during the pandemic, with a “significant portion” attributable to fraud, accordi...

Boeing Changes Will Make Planes Safer, Executive Says

EVERETT, Wash.––Boeing safety chief said changes under way at the plane maker following two deadly 737 MAX crashes should prevent engineers from designing another automated cockpit system without suff...

The benefits of major cities amid remote work and rent inflation

Many renters believe that a cost-of-living crisis is brewing in America’s major cities. New York City is showing up as a hotspot of rent inflation. The average rent for 1-bedroom apartments in M...

Opinion: Snap’s warning of a weaker outlook sends ripples through tech stocks

An unexpected warning about the deteriorating economy by Snap Inc. Chief Executive Evan Spiegel rippled through internet and social-media stocks late Monday, potentially ruining the market’s comeback ...

from yachts to the United Nations

Many people occasionally travel for work. But for some, travel is at the heart of their jobs. CNBC Travel spoke with people from four industries about occupations where working from home — or an offic...

Corporate Board Diversity Benefits Companies and Stakeholders

Text size It is in the best interest of shareholders for companies to evaluate their board composition regularly, establish policies and processes to ensure board diversity, and disclose the compositi...

Mullen Automotive Expands Personnel To Boost Further Growth 

Mullen Automotive has recently announced its new key hires across various teams.  The California-based automotive company is moving forward with its growth and overall operations.  Every new...

Women are still paid 83 cents for every dollar men earn. Here’s why

Hinterhaus Productions | Stone | Getty Images The “gap” between how much money men and women are paid has long been a feature of the U.S. economy. While that pay differential has narrowed ...

Atlantic City smoking ban fight: Worker health vs profits

Legislation pending in New Jersey’s statehouse would end the exemption Atlantic City casinos have long enjoyed from a statewide ban on indoor smoking in public places. About 2,500 casino workers...

Garage-door maker employees get cash reward in takeover as private equity tests ownership model

In the otherwise-sleepy town of Arthur, Illinois, this week brought a life-changing surprise for hundreds of workers at locally based garage-door maker, C.H.I. Overhead Doors.   C.H.I.’s private...

Walmart Anticipates a Store Manager Shortage Despite $200,000-a-Year Pay

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Walmart Can’t Find Enough Store Managers, Even at $200,000 a Year

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The Companies Cutting Staff, Freezing Hiring or Slashing Costs: See the List

Companies which saw substantial growth during the Covid-19 pandemic are starting to take a more cautious approach toward hiring and spending. From Peloton Interactive Inc. and Meta Platforms Inc. to T...

Opinion: This giant pension scandal is hiding in plain sight

Hard working Americans, many on low wages, are losing pension dollars they earned. It affects millions. And it’s legal. In a nutshell: Some of America’s biggest companies run their shop floors so that...

That college degree is no longer the only path to the American Dream

Foto Sipsak | Getty Images For decades, a college education was the “golden ticket” to the American Dream, translating into higher lifetime earnings and better job security. To that point,...

Opinion: Which jobs have come back, and which ones haven’t

Although the recovery in output, wealth and hours worked has been remarkable since February 2020, the U.S. economy remains deeply scarred by the COVID-19 pandemic. Total hours worked in the nonfarm ec...

Starbucks criticizes Biden’s visit with union leaders, requests White House meeting

US President Joe Biden delivers remarks on economic growth, jobs, and deficit reduction in the Roosevelt Room on Wednesday May 4, 2022. Demetrius Freeman | The Washington Post | Getty Images Starbucks...

Plug Power CEO total 2021 compensation nearly quadruples to more than $52 million

Plug Power Inc.’s long-time Chief Executive Andrew Marsh recorded total compensation of more than $52 million in 2021, a year after the fuel-cell systems company’s losses widened sevenfold but the sto...

Starbucks to hike wages, double training for workers amid union push

A Starbucks barista fulfills an order in a South Philadelphia store. Mark Makela | Reuters Starbucks said it will hike wages for tenured workers and double training for new employees as the company an...

Office demand comes roaring back as stocks in the space play catchup

If you’re not back to the office already, you may be soon. After a five-month lull, likely due to the extremely contagious omicron variant of the coronavirus, new demand for office space jumped ...

Starbucks union files NLRB complaint citing CEO Schultz’s benefits comments

The union representing Starbucks baristas is taking aim at the coffee giant’s interim chief executive, Howard Schultz, alleging his recent comments about an improved benefits plan amounted to il...

Stagflation risk rises as the Federal Reserve tightens monetary policy

The Federal Reserve is hiking interest rates in an effort to defuse an explosive year of price inflation. But global forces could neutralize the effects of that tightening of monetary policy, and keep...

Most Americans still feel optimistic about retirement, survey finds

Ipggutenbergukltd | Istock | Getty Images Despite the pandemic, most Americans still feel optimistic about a comfortable retirement, but inflation is the top concern among those who aren’t as pr...

Amazon looks to cut costs after first loss in seven years sends stock careening lower

Amazon.com Inc. reported a loss of nearly $4 billion in the first quarter of 2022 as inflationary pressures added costs, and executives expect to make changes to cut some expenses. Amazon AMZN, +4.65%...

Opinion: There’s a big hole in the Fed’s theory of inflation—incomes are falling at a record 10.9% rate

The most concerning thing about Thursday’s report on U.S. gross domestic product for the first quarter wasn’t that the first line of the first table showed that real GDP fell at a 1.4% annual rate. It...