A UPS worker sorts packages in New York on Dec. 18th, 2017.

The fight is on as Amazon to Target compete for seasonal workers

Retailers are under pressure to raise wages as they compete against other industries for entry-level candidates. Even before Amazon announced it was raising its minimum pay, wages were rising in retail. The annual median base pay for a cashier jumped to $28,237 in October, a 5.4 percent jump over the previous year, according to online […]

Coke, Aurora Cannabis in talks to make marijuana-infused drinks: BNN Bloomberg

PepsiCo and Coca-Cola fight to keep sugary drinks from being taxed 

To bottle up the movement to tax sugary drinks, major beverage companies like Coca-Cola and PepsiCo are spending millions of dollars on commercials that push people to vote to prohibit local governments from slapping levies on certain foods and drinks, The New York Times reported on Saturday. According to the report, voters in Washington and […]

Sears nears a bankruptcy deal that could keep it open this Christmas

Sears ready to file bankruptcy later tonight in fight to stay alive

Sears Holdings plans to file for bankruptcy protection after midnight in the East Coast, culminating the collapse of what was once America’s largest retailer, people familiar with the situation tell CNBC. As part of the bankruptcy plan, Sears will immediately close roughly 150 of its stores, people familiar with the matter have said. It has […]

Marc Benioff and Jack Dorsey 

Tech CEOs Marc Benioff Jack Dorsey spar over Prop C fight homelessness

On Friday, Twitter CEO Jack Dorsey and Salesforce CEO Marc Benioff publicly sparred over a controversial proposal to fight homelessness in San Francisco. When Dorsey voiced his opposition to a bill that would increase taxes on big businesses to raise money for homeless services, Benioff questioned his fellow CEO’s personal and financial commitment to the […]

BlackRock voted to replace Tesla's Musk with independent chairman

Fight the S.E.C., or I Quit

On Saturday, the company and Mr. Musk finally agreed to settle the matter, ending a crisis that began with Mr. Musk’s now-infamous Twitter post saying that he had “funding secured” for a buyout at $420 a share. Mr. Musk’s 48 hours of obstinance came at a significant price to him and the company. They had […]