Latest Workplace culture News
New incentives could boost satisfaction with in-person work, but few employers are making changes
NEW YORK (AP) — Justin Ryan Horton has two jobs. When he's not putting in 24-hour shifts as a firefighter, the 22-year-old is working as an administrative assistant for a local community college from his home in Colorado Springs. Firefighting is, of course, not a work-from-home...
More Americans are expected to 'buy now, pay later' for the holidays. Analysts see a growing risk
NEW YORK (AP) — Consumers are expected to use “buy now, pay later” payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells. The short-term loans often come with consumer-friendly interest rates...
Best Buy posts better-than-expected 3Q profits but sales sluggish amid spending malaise
NEW YORK (AP) — Best Buy Co. on Tuesday posted stronger-than-expected profits for its fiscal third quarter but is still struggling with sales declines as shoppers pulled back on a broad range of items from appliances to computers and phones in an uncertain economy. The nation’s...
Deliveroo riders aren't entitled to collective bargaining rights, UK court says
LONDON (AP) — Britain’s top court said Tuesday that riders for one of the country’s biggest meal delivery companies don’t have collective bargaining rights because they aren’t employees, a setback for gig economy workers who are pushing for better pay and working conditions. ...
Corporate, global leaders peer into a future expected to be reshaped by AI, for better or worse
SAN FRANCISCO (AP) — President Joe Biden and other global leaders have spent the past few days melding minds with Silicon Valley titans in San Francisco, their discussions frequently focusing on artificial intelligence, a technology expected to reshape the world, for better or worse. ...
Macy's puts up strong third quarter numbers, raises profit outlook and top end of full-year revenue
Macy's third-quarter sales declined as customers grow more cautious with their spending, but sales and profit both topped Wall Street expectations. The department store also raised the top end of its full-year revenue and adjusted profit forecasts. Shares surged nearly 7%, or 88...
Walmart attracts more shoppers seeking to cut spending in Q3, but muted expectations spook investors
NEW YORK (AP) — Walmart extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment. The company, based in Bentonville, Arkansas, reported better-than-expected financial results...
Business lobby attacks as New York nears a noncompete ban, rare in the US
ALBANY, N.Y. (AP) — When people think of noncompete agreements, they usually think of corporate executives with knowledge of prized trade secrets, whose lavish pay packages often come with a condition that if they quit or get fired, they can't go work for an industry rival. More...
Editorial Roundup: Indiana
Fort Wayne Journal Gazette. November 9, 2023. Editorial: State’s misused employee bonus program could lead to favoritism To ensure that compensation of state employees remains competitive with the private sector, Indiana last year revitalized its Spot Bonus Program...
Jezebel, an incisive feminist voice since the height of the blogosphere era, is shutting down
NEW YORK (AP) — Jezebel, the sharp-edged feminist website that found an impassioned and devoted following at the height of the blogosphere era but ended up struggling with its business model, is shutting down after 16 years, its parent company announced Thursday. It is the latest...
