Business

Volunteers in protective suits disinfect in a residential area of Tonghua, China on January 24, 2021. Visual China Group | Getty Images BEIJING — One small Chinese city’s rush to control the coronavirus has left some residents without food, and some officials without jobs. The fallout shows the extreme lengths to which local Chinese authorities
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Facebook CEO Mark Zuckerberg delivers the keynote address at Facebook’s F8 Developer Conference on April 18, 2017 at McEnery Convention Center in San Jose, California. Getty Images Big technology corporations including Apple, Alphabet’s Google and Microsoft have raced to create a pair of fashionable smart glasses readily embraced by consumers, but 2021 is shaping up
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A healthcare worker wears personal protective equipment (PPE) during a United Airlines Covid-19 test pilot program at Newark Liberty International Airport in Newark, New Jersey, U.S., on Monday, Nov. 16, 2020. Angus Mordant | Bloomberg | Getty Images United Airlines‘ CEO wants to make Covid-19 vaccines mandatory for its employees and is encouraging other companies
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TGI Fridays CEO Ray Blanchette said that President Joe Biden’s proposal to eliminate the tipped minimum wage would likely result in fewer hours for the chain’s waitstaff and higher menu prices. Biden has proposed raising the federal hourly minimum wage from $7.25 to $15 and eliminating tip credits, a change that would primarily affect the
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Rising coronavirus infection rates, and the accompanying wave of lockdowns across Europe, should prompt managers to spend more time considering their employees’ mental health, according to the CEO of staffing group Adecco.  “Especially with … the second wave of lockdowns coming in, we need more emotionally intelligent leaders, because we see that many people are
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Belk department store John Greim | LightRocket | Getty Images KKR, Blackstone and other major lenders to Belk are in talks with the North Carolina-based department store chain to keep it out of bankruptcy, according to a Wall Street Journal report. The company, its lenders and the private-equity firm Sycamore Partners are inching closer toward
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BlueNalu’s whole-muscle, cell-based yellowtail amberjack. Source: BlueNalu First, it was lab-grown chicken. Now, it’s seafood. San Diego-based food startup BlueNalu said Tuesday that it raised $60 million in convertible note financing, as it prepares for a possible market launch later this year. “This recent financing will allow us to continue advancing our mission and the
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Healthcare workers administer the COVID-19 vaccine to residents living in the Jackson Heights neighborhood at St. Johns Missionary Baptist Church on January 10, 2021 in Tampa, Florida. Octavio Jones | Getty Images LONDON — The head of the World Health Organization said Monday the equitable distribution of coronavirus vaccines is at “serious risk.” Warning of
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