Strong US jobs growth dampens talk of rate cuts

Business & Finance 28 November 2023, 4:28 am 1 minute Reuters exclusively reported that The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on its bourse from selling stock, worried that such sales could douse a long-desired rally.   Market Impact The Beijing bourse currently houses 232…

Chevron is buying Hess Corp. for $53 billion in another huge deal this month as the industry uses its windfall from surging oil prices.

This spring, six different Amazon employees claimed they were wrongfully terminated by the company in retaliation for their involvement in organizing to improve working conditions. Now, at least one of those workers, Courtney Bowden of Pennsylvania, will have her case heard before a judge. Although a victory would mean little in terms of punitive damages,…

Updated Jan. 9, 2024 8:05 pm ET Boeing CEO David Calhoun said the company needs to acknowledge its mistake as the aircraft maker reels from a door-plug failure that has resulted in roughly 170 of its planes being grounded and spooked its customers.  In his first remarks since the harrowing accident, Calhoun indicated a misstep…

Amazon did not respond to BuzzFeed News’ initial request for comment. Later, the company said there was no change in its policy after all. “This morning’s email to some of our employees was sent in error,” Amazon said. “There is no change to our policies right now with regard to TikTok.” A spokesperson for TikTok…

An Atlanta restaurant has taken some hits for adding an unfamiliar fee to its customers’ bills. JenChan’s Pizza and Chinese in Cabbagetown, Georgia, received hate on social media after a customer called out the restaurant’s 4% fee for employees’ health insurance on the bill. The customer posted a photo of the bill on Reddit last month, which showed…