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Spirits and beer giant Diageo saw billions wiped off its market value after it warned that a sharp slowdown in its business in Latin America and the Caribbean was hitting sales and potential profits.
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A ruling prohibiting the enforcement of a new Florida law targeting drag shows will stay in place for the time being.
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The Republican-controlled House Commerce Committee voted 13-5 to approve the plan, as lawmakers entered the next-to-last week of the annual legislative session.
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With this year’s regular legislative session starting March 7, Associated Industries of Florida brought together lawmakers, lobbyists and representatives of business groups to discuss a series of ideas for reducing lawsuits and legal damages.
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U.S. employers added 517,000 jobs in January, as the unemployment rate fell to 3.4% . The job market remains tight, despite signs of a slowing economy.
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Visit Florida President and CEO Dana Young last week expressed concerns that global inflation and lengthy visa-processing times could affect the final numbers for 2022 and tourism in 2023.
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The Labor Department has cited Amazon for failing to keep workers safe at three warehouses. Federal safety inspectors found workers at high risk of lower back injuries and musculoskeletal disorders.
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Employers say that noncompete agreements are needed to protect trade secrets and investments. The FTC says they deprive workers of their economic liberties and has proposed a rule to ban them.
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The layoffs represent the single largest number of jobs cut at a technology company since the industry began aggressively downsizing last year.
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BlockFi was one of the companies that FTX bailed out in recent months. Now it's a clear sign that contagion from FTX's collapse is spreading throughout the crypto industry.
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The $25-billion deal is likely to draw intense scrutiny from federal regulators and critics as it would form a new supermarket colossus at a time of soaring food costs.
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Goodwillfinds launched Tuesday with roughly 100,000 items available online. The venture will help fund its community-based programs across the U.S. and increase donations and its customer base.