Condom Maker May Raise Prices Because Of Iran War
The Iran war has disrupted global supply chains, causing the world's largest condom manufacturer, Karex, to consider raising prices by 20-30% due to increased costs for manufacturing, packaging, and shipping.
Warner Bros. Discovery Shareholders Approve Paramount Takeover
Warner Bros. Discovery shareholders overwhelmingly voted in favor of a Paramount Skydance takeover deal, which is expected to close in the third quarter of the year pending regulatory approval.
Intralot’s Minority Partnership Challenges Could Dissolve With New Owner
Scientific Games and Intralot are locked in a battle over the right to manage Maryland's lottery systems for the next 10 years, with Intralot ultimately winning the bid due to its lower price, but the contract was later reversed due to a technicality, leading to a judge-mediated dispute.
The Sneaky — And Not-So-Sneaky — Ways That Companies Are Raising Prices Due To...
Amazon, JetBlue, United Airlines, USPS, UPS, FedEx, and Maersk are all implementing fuel surcharges to offset increased transportation costs due to the war in Ukraine.
The Pace Of Hiring Just Fell To The Lowest Since 2011, Outside Of The...
The US labor market is experiencing a 'low-hire, low-fire' state, with job openings decreasing and hires as a percentage of total employment dropping to the lowest rate since 2011, while layoffs and voluntary quits also remain low.
What $4-A-Gallon Gasoline Means For You And The Economy
The national average price for a gallon of regular unleaded gasoline has topped $4 for the first time since 2022, which could have significant implications for the US economy, including higher inflation and reduced consumer spending.
The Reality Of Being One Of 600,000 Black Women Out Of Work
An Atlanta-based social media manager shares her experience being laid off while on medical leave amid high unemployment for Black women.
Why Trump’s Immigration Crackdown Isn’t Boosting Hiring
The Trump administration's immigration policies have led to slower wage growth, fewer job openings, and higher unemployment rates for American workers, as lower demand and economic uncertainty have made employers hesitant to hire and automation has replaced workers in some sectors.
When A Credit Report Can Hurt Your Chances Of Being Hired
New York has enacted legislation making it the 11th state to ban the use of credit reports in employment decisions, with exceptions for specific job categories. Similar regulations are in place in five cities and Cook County, Illinois, reflecting a growing trend towards limiting credit history checks in hiring practices.
Saks Global Files For Bankruptcy Amid Luxury Market Strains
Saks Global, the parent company of luxury retailer Saks Fifth Avenue, has filed for Chapter 11 bankruptcy protection, citing a burdensome debt load exacerbated by changing consumer retail habits. Geoffroy van Raemdonck, former Neiman Marcus chief, will take over as CEO to guide the company through its bankruptcy proceedings.
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Nolan Wells’ Case Is Closed. His Family Still Demands Answers
A Mississippi grand jury declined to charge anyone in the drowning death of 18-year-old Nolan Wells, despite unexplained injuries noted in autopsy reports. His family, joined by attorney Ben Crump, disputes the ruling and is demanding a federal investigation, while a rapper-led campaign now offers a $1 million reward for credible evidence in the unresolved case.
