Bath and Body Works apologizes for candle designed with what looked like KKK hoods
Bath and Body Works has apologized for selling a winter-themed candle that came under scrutiny for a label image that compared it to a Ku Klux Klan hood.According toto multiplereport. The candle, called “Snowed In,” includes a label image of a paper snowflake, with a horizontal diamond shape, each pointed at the top and two […]
7-Eleven to close over 400 'underperforming' locations in North America
(KTLA) – Hundreds of “unprofitable” 7-Eleven stores across North America will close, the convenience store announced Thursday. Seven & i Holdings, 7-Eleven's Japan-based parent company, earnings report 444 stores will be closed. The company cited weak sales, declining customer traffic, inflationary pressures and a decline in cigarette purchases as reasons for some store closures. A […]
Key disaster loan program 'quickly exhausting' funds after hurricanes
Officials warn that a key federal program that provides disaster loans to businesses and homeowners is severely underfunded in the aftermath of a series of hurricanes, increasing pressure on Congress to return to Washington. I am doing it. The Small Business Administration (SBA) has about $50 million left in new disaster loans and will run […]
Boeing to cut 17,000 workers amid strike
Boeing plans to cut 10% of its workforce, or about 17,000 jobs, CEO Kelly Ortberg announced Friday. The airline also announced that deliveries of the 777X aircraft will be delayed until 2026 and production of the 767 freighter will cease in 2027. “Our business is in a difficult situation, and the challenges we face together […]
IRS extends tax filing deadline for hurricane victims
The Internal Revenue Service (IRS) told taxpayers on Friday that victims of Hurricanes Helen and Milton can expect various forms of tax relief, including extensions to file tax returns and assistance with emergency retirement plan withdrawals. I told you. Residents of hurricane-affected states that had their 2023 filing deadline extended can now file until May […]
What to know about the 2025 Social Security cost-of-living adjustment
The Social Security Administration this week announced a 2.5% cost of living adjustment (COLA) for this year, a more modest increase in people's retirement and benefit plans that reflects the economy's easing inflation. Last year's growth rate was 3.2%. It increased by 8.7% in 2022 and by 5.9% in 2021. These numbers are calculated as […]
As Amazon tells staff to return to office, new survey says hybrid workers aren't working
Amazon wants employees to return to the office five days a week starting in January 2025. In early 2023, company CEO Andy Jassy announced that Amazon's Remote-first pandemic stancesays, “We should get back to being in the office together the majority of the time (at least three days a week).” Well, Jassy has released new […]
State treasurers back Harris based on her small business proposal
On Friday, a group of more than 20 state treasurers endorsed Vice President Harris' proposal to expand tax breaks for Americans starting small businesses. In a letter obtained by The Hill, treasurers from Nevada, Colorado, Oregon and several other states supported Harris and supported her economic policy, especially expanding tax credits for entrepreneurs. He emphasized […]
Jamie Dimon: 'Treacherous' geopolitical conditions getting worse
JPMorgan Chase & Co. CEO Jamie Dimon on Friday warned of potential risks to the economy's future, citing the war in Ukraine and Israel's war against Hamas and Hezbollah. “Significant human costs have occurred, and the consequences of these situations have far-reaching implications for both short-term economic outcomes and, more importantly, the course of history,” […]
5 things to know about the TD Bank scandal
Toronto-Dominion Bank, commonly known as TD Bank, is facing unprecedented fines and fines from U.S. authorities for allegedly failing to stop hundreds of millions of dollars in drug money laundering. The bank agreed to pay more than $3 billion to various U.S. government agencies and limit its growth until officials certify that TD Bank has […]