Business

The U.S. labor market closed out 2023 in strong shape as the pace of hiring was even more powerful than expected, the Labor Department reported Friday. December’s jobs report showed employers added 216,000 jobs for …

Five states are deciding this year whether to ditch the practice of paying workers who earn tips less than the minimum wage. And activists say they’re bringing that fight to at least as many others, …

Federal student loan borrowers are confronting some challenges in restarting their payments since a pandemic-era pause ended in October. The Consumer Financial Protection Bureau said Friday that borrowers are dealing with inaccurate and untimely billing …

The release of a limited-edition pink version of the viral 40-ounce Stanley Quencher drinking cup designed with Starbucks led to chaos at multiple Target locations nationwide Wednesday. Social media clips show customers in a frenzy …

TGI Fridays is closing 36 ‘underperforming’ locations across the U.S. as part of a broader restructuring. The fast-casual eatery said in a release late Wednesday that it is offering at least 1,000 transfer opportunities to …

Lululemon founder and former CEO Chip Wilson criticized the company’s recent moves to expand its product line to a wider market. In a new interview with Forbes, Wilson, who launched the yogawear-maker in 1998 in …

Starbucks announced it will allow customers to use their own personal cups for all visits, including drive-through and mobile orders, in a bid to reduce waste sent to landfills.  The new practice starts Wednesday at …

Maersk will pause all shipping through the Red Sea and Gulf of Aden until further notice after one of its vessels came under attack from militants over the weekend, the company announced Tuesday. The decision by …

Demand for workers fell to its lowest level in more than 2½ years in November while hirings and layoffs both moved lower, the Labor Department reported Wednesday. The department’s Job Openings and Labor Turnover Survey showed employment …

Boeing is urging airlines to inspect 737 Max planes to look for a “possible loose bolt” in the rudder control system, the latest quality issue to affect the manufacturer’s bestselling jetliner. The company recommended the inspections …