Category Archives: CNN – Business

These recent grads landed office jobs, but they’ve barely set foot in the office
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These recent grads landed office jobs, but they’ve barely set foot in the office

The past 22 months of the pandemic have forced many companies to recruit, work and retain talent remotely. And that means some workers just entering the labor force have never worked in an office, met any colleagues in-person or commuted farther than a few feet. ‘A happier employee’ Morgan Tolles has worked for online notary…MORE

Worker absences triple because of Omicron
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Worker absences triple because of Omicron

The percentage of the adult population not working because of Covid-related reasons tripled between December and January, according to Goldman Sachs. The Wall Street bank, citing the latest Household Pulse Survey of roughly 75,000 respondents from the Census Bureau, said the share of adults not working due to virus-related reasons jumped from 1.2% in December…MORE

LinkedIn economist: 3 ways the pandemic has dramatically changed the labor market

LinkedIn economist: 3 ways the pandemic has dramatically changed the labor market

Entering year three of the pandemic, the labor market today looks markedly different from when we entered this crisis. At LinkedIn, my team of data scientists and economists has a unique view into how ways of working have shifted — through the lens of over 180 million US workers and over 97,000 US companies using…MORE

Hunger in America could get worse as supply chains tighten

Hunger in America could get worse as supply chains tighten

Just after Thanksgiving, Carmen Allen became alarmed by the jump in prices and shortages of food products at her local grocery stores. “Cake mix,” Allen says. “I was worried I wouldn’t find enough of it to give out in our food baskets.” Allen serves as president and executive director of Beyond the Sanctuary, a nonprofit…MORE

Strike ends at 78 Kroger-owned grocery stores in Denver
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Strike ends at 78 Kroger-owned grocery stores in Denver

Nearly 8,000 workers at 78 King Soopers and City Market grocery stores in Colorado will return to work starting Friday, after union leaders and management reached a tentative three-year work agreement. The strike, which began January 12, was the nation’s second-largest in the last two years — behind only a five-week work stoppage by 10,000…MORE

Peloton may be toast
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Peloton may be toast

Peloton had a disastrous 2021. But as impossible as it may seem, the exercise equipment company is arguably off to an even worse start to 2022. Shares of Peloton are down nearly 25% this year and trading at their lowest level in nearly two years. The stock was up 12% Friday though after the company…MORE

Total and Chevron are pulling out of Myanmar
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Total and Chevron are pulling out of Myanmar

TotalEnergies and Chevron are withdrawing from Myanmar because of a deteriorating situation in the country since the military seized power nearly a year ago. “The situation, in terms of human rights and more generally the rule of law, which have kept worsening in Myanmar since the coup of February 2021, has led us to reassess…MORE

Jamie Dimon gets a $3 million raise
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Jamie Dimon gets a $3 million raise

Jamie Dimon got a $3 million raise in 2021, JPMorgan Chase disclosed in a filing late Thursday. The raise boosts the pay for the CEO of the nation’s largest bank by 9.5%, to $34.5 million. The pay package includes a base salary of $1.5 million and a $5 million cash bonus — both unchanged from…MORE

The pandemic boom is over. Just ask Peloton and Netflix
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The pandemic boom is over. Just ask Peloton and Netflix

When the coronavirus pandemic swept across the world in 2020, investors responded by pouring money into companies that would benefit from people spending much more time at home. Netflix and Peloton were two of the biggest pandemic winners, along with video call provider Zoom Video and electronic signature firm DocuSign. Now, the pandemic boom is…MORE

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