Fresh off telling investors last week that it may consider a bankruptcy filing, Bed Bath & Beyond has kicked off a fresh round of layoffs. The company said in a statement Tuesday that it would…
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Business
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Family grocery bills are on the rise with higher prices for most items, accentuated by significant increases in the cost of eggs. But unless shoppers are taking notes, it can be hard to really see…
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A technology issue at the Federal Aviation Administration temporarily grounded flights nationwide Wednesday. It is territory infrequently traveled when it comes to the massive and complex U.S. flight system. Not since the terrorist attacks of…
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Wednesday was another day to forget for U.S. airline passengers, as a technology issue at the Federal Aviation Administration grounded flights nationwide. While all airlines were affected, one stood out as the grounding of domestic…
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More than 800 Amazon employees are calling on the company to step up its response to climate change through foreign aid — a sign internal activism is still alive at tech companies despite layoffs and a…
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Business
Ban new gas stoves, a federal safety commissioner proposes; CPSC says no such official plan yet
A commissioner with the U.S. Consumer Product Safety Commission is proposing a ban on gas stoves, calling them a ‘hidden hazard.’ In an interview with Bloomberg News, Richard Trumka Jr. said all options would be…
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Bed Bath & Beyond on Tuesday posted wider quarterly losses than expected as its chief executive acknowledged that the struggling retailer’s turnaround plan had not achieved its goals. Days after the company warned of potential bankruptcy, it painted…
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Fresh off telling investors last week that it may consider a bankruptcy filing, Bed Bath & Beyond has kicked off a fresh round of layoffs. In a statement, the company said Tuesday it would be…
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Fisher-Price’s recalled Rock ‘n Play Sleepers have now been linked to 100 fatalities, the Consumer Product Safety Commission announced Monday. The sleeper was first recalled in April 2019 following reports that infants had rolled from…
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Business
Goldman Sachs is cutting up to 3,200 employees this week as Wall Street girds for tough year
Goldman Sachs is laying off fewer employees than feared, but the cut is still a deep one. The global investment bank is letting go of as many as 3,200 employees starting Wednesday, according to a person…