A guide to the world of business and investment
Labor prosecutors are challenging Amazon’s long-running claim that it doesn’t employ the massive network of drivers who deliver its packages across the country. A regional director for the National Labor Relations Board has determined that Amazon is really a “joint employer” alongside one of its delivery contractors, an agency spokesperson said Thursday. The director also […]
Thousands of hotel workers in a dozen U.S. cities are preparing to go on strike as early as Labor Day weekend as they battle for new contracts with major hotel companies. Roughy 15,000 workers who are members of the union Unite Here have voted to authorize strikes against Hilton, Hyatt, Marriott and Omni properties. The union […]
The Federal Reserve’s decision Wednesday to start cutting interest rates could bolster green energy investments, which took a hit as the U.S. central bank drastically increased the cost of borrowing money over the past two years in a scramble to tamp down post-pandemic inflation. At its 2 p.m. meeting, the Fed slashed interest rates by 50 basis points […]
The luxury real estate market has long been associated with wealth, status, and profitable investments. Due to the demand for exceptional properties from high-net-worth individuals (HNIs) and investors, this sector often shows resilience in the face of economic upheavals. However, the issue of illiquidity is becoming an increasing concern in this niche industry. As the […]
