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President Biden’s approval among small business owners hits new low, as economic message fails to sell on Main Street: CNBC survey
US President Joe Biden holds up a copy of the Republican’s FY2024 budget as he delivers remarks on Bidenomics and Republican economic policy during an event at Prince George’s Community College, in Largo, Maryland, United States on September 14, 2023. Kyle Mazza | Anadolu Agency | Getty Images With an economy posting significant GDP growth,…
Wolverine World Wide sells Sperry to Authentic Brands Group in shoe retail deal
Sperry Top-Sider Bill fish Tan and Beige. Mayra Beltran | Houston Chronicle | Getty Images Wolverine World Wide has sold Sperry to brand management firm and Reebok owner Authentic Brands Group, as the footwear retailer looks to focus on better performing assets, the company announced Thursday. Canadian retailer the Aldo Group has been tapped as…
These Pilots Were Sued For Quitting. They Say It Was Dangerous To Stay.
As a new commercial pilot, Nate Hilliard came to Southern Airways Express two years ago with no illusions. He knew the commuter airline’s starting pay for a first officer ― the co-pilot next to the captain ― was just $12 per hour, less than he could earn behind a fast-food counter. But he figured he…
The 2023 U.S. economy, in a dozen charts
A pedestrian holds an umbrella as they walk along a street in the rain in Times Square, New York, on Sept. 26, 2023. Ed Jones | AFP | Getty Images The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty good year for the macroenvironment….
One California Lululemon Store Shows How Difficult It Can Be For Retail Workers In The Pandemic
Presented with a detailed list of the concerns from the half a dozen employees who spoke with BuzzFeed News, a Lululemon spokesperson provided the following statement for this story: “We adjust our operations based upon the guidelines within each state and jurisdiction, including in California. As the situation within the state continues to evolve, we…
Abercrombie, American Eagle and Lululemon raise holiday sales outlooks
Combination showing store signage from Abercrombie & Fitch and Lululemon stores. Getty Images Abercrombie & Fitch, Lululemon and American Eagle Outfitters all raised their fiscal fourth-quarter outlooks Monday, saying they drew customers looking for holiday gifts and items for themselves in November and December. Yet, Wall Street greeted the news with varying levels of enthusiasm….
