Former CBS CEO Les Moonves Drops Legal Pursuit to Get $120 Million in Severance Pay
Former CBS CEO Les Moonves has dropped his legal pursuit of $120 million in severance pay after he left the company in 2018 amid sexual misconduct allegations.
The Latest
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Dow Tumbles 680 Points in Worst Decline Since January as Hot Inflation Reading Spooks Investors
The selling intensified after the S&P 500 fell below Tuesday’s low, a level traders were watching closely because of the intraday rebound one day ago.
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States Push Jobless From Virus Recession to Return to Work
States are pushing the unemployed to return to work to help businesses large and small find the workers they need to emerge from the COVID-19 recession.
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Amazon Blocked 10 Billion Listings in Counterfeit Crackdown
For years Amazon has been under pressure from shoppers, brands and lawmakers to crack down on counterfeits on its site
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Why Are Lumber Prices So High Right Now? And Will They Go Down in 2022?
Lumber prices are surging, and it’s making an already tight housing market even more lean. The surge in lumber prices in the past year has added $35,872 to the price of an average new single-family home and $12,966 to the market value of an average new multifamily home, according to the National Association of Home Builders. According to CNBC... -
April Jobs Expected to Top 1 Million as Consumers Boost the Economy
Hiring was strong in April and job growth could top 1 million, though many jobs also went unfilled.
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Biden's Labor Department Repeals Trump-Era Rule on Gig Workers' Classification
The Biden administration nullified a Trump-era rule Wednesday that would have made it easier to classify workers as independent contractors
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Moderna to Expand Norwood Plant, Boost COVID Vaccine Production
Moderna plans to boost production of its COVID-19 vaccine by 50% by expanding its facility in Norwood, Massachusetts. The Cambridge, Massachusetts-based pharmaceutical firm said in a statement that the project will expand the site’s production and lab space from some 300,000 square feet to some 650,000 square feet. The firm said it expects to ramp ... -
Hyundai Recalls Over 390K Vehicles for Possible Engine Fires
Hyundai is recalling over 390,000 vehicles in the U.S. and Canada for problems that can cause engine fires
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Moderna to Expand Norwood Plant to Boost COVID Vaccine Production
Cambridge, Massachusetts-based pharmaceutical firm Moderna will expand its plant in Norwood as the company seeks to increase production of its COVID-19 vaccine at the site by 50%. The company said in a statement the project will expand the site’s production and lab space from some 300,000 square feet to some 650,000 square feet.The firm said it exp... -
Shaw's, Star Market Truckers on Strike in New England
Supermarket truck drivers and mechanics went on strike in New England Monday, stopping shipments to Shaw’s and Star Market stores as they call for a new contract. The drivers are responsible for delivering food staples to about 150 supermarkets across the region, according to Joe Piccone, business agent for Teamsters Local 340 in South Portland ... -
Shaw's, Star Market Truckers Go on Strike in New England
Truck drivers for Shaw’s supermarkets represented by the Teamsters went on strike Monday, stopping shipments to Shaw’s and Star Market grocery stores in New England. The drivers are responsible for delivering grocery store staples to more than 100 supermarkets across the region, said Joe Piccone, business agent for Teamsters Local 340 in South Port... -
State to Allow Cannabis, Hemp Farming on Over 70,000 Acres of Farmland
State to allow cannabis, hemp farming on over 70K acres of farmland
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Apple's ‘Walled Garden' Faces Epic Attack in App Store Trial
Apple’s lucrative app store was alternately portrayed as a price-gouging monopoly and a hub of world-changing innovation during the preamble to a trial that may reshape the technological landscape
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‘Recovery Mode': The Mass. Economy Is Roaring Back. It's Good News for Job-Seekers.
One expert said he expects to see the state continue in growth mode for as long as vaccinations continue, “and that’s great news for those who are either currently unemployed or are looking to trade up.”
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US Approves High-Dose Opioid Reversal Nasal Spray From Hikma
U.S. regulators have approved the first high-dose nasal spray for reversing opioid overdoses
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Walmart Is Opposing Kanye West's Bid for ‘Yeezy' Trademark
The megastore chain claims its “Walmart Spark Design” is being threatened by “Yeezy.”
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Most US Companies Will Require Proof of COVID Vaccination From Employees, Survey Finds
A broad majority of U.S. employers, 65%, plan to offer employees incentives to get vaccinated and 63% will require proof of vaccination.
