United Airlines has come to an agreement with its pilots’ labor union on new contract terms, setting an example for the rest of the industry.
Author archives: Madeline Garfinkle
This Company Passed Apple as the Most Valuable Company in the World. Here’s Why.
Shifts in the market amid rising interest rates, inflation and supply chain constraints have created the perfect storm to bump Apple from its rank as the most valuable company in the world.
Carvana to Lay Off 12% of Its Workforce, Ignites ‘Mass Hysteria’
The automotive retailer Carvana Co. announced it will be laying off over 2,000 workers, about 12% of its workforce, in efforts to align expenses with sales.
Pfizer Pays $11.6 Billion for Drug-Maker in Its Biggest Deal Since 2016
Pfizer announced it will buy migraine drug maker Biohaven for about $11.6 billion – in cash.
Rough Monday For Bitcoin: 5.2% Drop in 24 Hours
After its fifth consecutive day of drops, Bitcoin is down more than 50% since its peak in November.
The State of Franchising in 2022
FRANdata provides valuable insight on the state of franchising in 2022 and what to expect looking forward.
Billionaire Investor Warns U.S. Economy Could Face ‘Serious Problems’ If Fed Doesn’t Hike Rates Within the Year
Investor Sam Zell voiced disapproval of the Fed’s decision to raise interest rates by 50-basis points, saying the economy could be in trouble if they don’t hike rates up to 100.
Shell Rakes in $9.1 Billion in First Quarter. What Does It Mean for the Rising Cost of Living?
Shell reported record high earnings of $9.13 billion in the first quarter of 2022, prompting action from lawmakers to impose higher taxes on gas companies to aid those struggling amidst rising prices.
Record High: U.S. Now Has 2 Job Openings for Every Person Who Is Unemployed
Latest data from the Bureau of Labor Statistics reveals employers posted a record high of 11.5 million job openings in March.
Small Business Week Spotlight: 5 Exceptional Franchisees
Don’t forget to support your local franchisees during Small Business Week. Here’s how these five franchisees thrive as small business owners and inspire their communities.