U.S. importers rushed to stock up this spring at an unprecedented pace, bringing in goods before consumers had a chance to buy. That’s turned the first-quarter GDP estimate negative and…
Private-sector hiring slowed in April with payrolls increasing just 62,000, according to ADP’s National Employment Report released Wednesday. This is much lower than expected and a far cry from the…
Good morning! Bill fighting revenge porn passed by Congress, UPS to cut 20,000 jobs, and Fortune’s Nina Ajemian talks with former Microsoft exec Sabina Nawaz about how managers can overcome…
Good morning! Cosmetics powerhouse e.l.f. Beauty Inc. offers an unusual compensation structure to employees. Unlike other organizations, the company gives almost all of its roughly 600 workers equity at the…
While they may be called something different in every country, corner stores offer convenient access to snacks and beverages as well as phone minutes and remittances. The former CEO of…
Good morning. Earnings season is taking some twists and turns. General Motors’ Q1 earnings call was scheduled to take place on Tuesday, but the auto giant announced it would be…
Tesla chair Robyn Denholm has now liquidated roughly $150 million in shares since early December, dwarfing the $1 million open market purchase by director Joe Gebbia. "It has become a…
Federal spending is surging despite DOGE’s aggressive cuts, climbing 6% year over year in Trump’s first months. Meanwhile, the true cost of layoffs, legal fights, and rehiring may be costing…
The HBO drama The Pitt has quickly captured the attention of viewers everywhere, not just for its sharp writing and cast, but for its harrowing, honest depiction of life inside…
Global courier UPS is cutting 20,000 jobs and automating hundreds of facilities as it tries to boost profitability in the midst of a massive overhaul of its delivery network. Earlier…
