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Jersey Mike’s names Betsy Mercado as first chief people officer
Manasquan, NJ – Jersey Mike’s Subs has appointed Betsy Mercado as the company’s first-ever Chief People Officer, a newly created role aimed at guiding the brand’s people strategy as it accelerates nationwide…
BUFFET BRAWL: Fight Breaks Out At Golden Corral Over Steak, Chairs Fly Across Restaurant
Police are investigating a massive brawl that broke out inside a Bensalem, Pennsylvania, buffet Friday evening. Customer Alexis Rios said the fight was started by a steak-related misunderstanding, according to WPVI-TV. The…
Christmas dinosaur thief arrested for pet-it larceny, but dino continues to elude police
TULSA, OK – All Bob Morton wanted for Christmas was a dinosaur, but he didn’t get one. So he went to the American Association of Petroleum Geologists and stole theirs the day…
Is Amazon ready to raise the price of Prime delivery? Wall Street thinks so
By Jeffrey Dastin – When Amazon.com Inc on Thursday reports how it fared during the holiday quarter, a key question will be if the retailer will finally raise the price of Prime,…
Exclusive-KKR explores sale or IPO of cybersecurity consultant Optiv -sources
By Krystal Hu and Chibuike Oguh – Buyout firm KKR & Co Inc is exploring a sale or an initial public offering for Optiv Security Inc, a U.S. cybersecurity solutions distributor and…
U.S. job openings increase in December; quits decline
WASHINGTON – U.S. job openings increased to near record highs in December, suggesting a deceleration in employment growth at the end of last year was largely the result of worker shortages. Job…
Bostic: Fed needs to act “soon” to be sure inflation expectations stay controlled
WASHINGTON – U.S. inflation risks being pushed to a permanently higher level if the Federal Reserve does not get the current bout of price increases under control, Atlanta Fed president Raphael Bostic…
New Jersey gym owner who defied Murphy’s COVID crackdown announces he’s running for Congress against progressive socialist Andy Kim
BELLMAWR, NJ – During the COVID-19 pandemic, U.S. Congressman Andy Kim was one of Governor Phil Murphy’s biggest lockdown cheerleaders. Kim praised the governor for his actions during the pandemic including mask…
Canadian factory activity grows at slower pace as Omicron weighs
TORONTO – Canadian manufacturing activity expanded at the joint-slowest pace in 11 months in January as material shortages and disruptions from the Omicron coronavirus variant held back output, data showed on Tuesday.…
Blackstone, Carlyle consider joint bid for Novartis generics unit – Bloomberg News
– Private equity firms Blackstone Inc and Carlyle Group Inc are in talks about potentially teaming up on a bid for Swiss drugmaker Novartis’ generics unit, Bloomberg News reported on Tuesday, citing…
UBS books best annual profit since 2006, sets loftier goals
By Brenna Hughes Neghaiwi ZURICH -UBS on Tuesday reported its best annual profit since the global financial crisis, emboldening it to hike share buybacks and set more ambitious profit goals as it…
Canada’s economy recovered to pre-pandemic levels in Nov, Dec seen flat
By Julie Gordon OTTAWA -Canada’s economy climbed to above pre-pandemic levels for the first time in November, bolstering a strong fourth quarter even as activity stagnated in December with the emergence of…
Lockheed Martin names L3Harris’ Jay Malave as CFO
By Mike Stone WASHINGTON -Lockheed Martin Corp said on Tuesday it named Jesus “Jay” Malave, who was senior vice president and CFO at L3Harris, as the company’s chief financial officer, effective immediately.…
Fed’s Harker says four rate hikes are appropriate for this year
NEW YORK -It may be appropriate for the Federal Reserve to raise interest rates four times this year, and to move more aggressively if the factors leading to higher inflation, such as…
Euro zone jobless rate falls to record low in Dec 2021
BRUSSELS – Euro zone unemployment fell to its lowest level on record in December, data showed on Tuesday, testament to the strength of the economic recovery and the effectiveness of part-time work…
Wordle buyout by New York Times draws backlash from fans
By Supantha Mukherjee and Tiyashi Datta – The New York Times Co’s acquisition of Wordle has created uproar on social media, with fans expressing fears that the popular online word game, which…
Home Depot stepping up spring hiring to 100,000 workers
– Home Depot Inc said on Tuesday it would hire more than 100,000 workers across its stores and warehouses, as the retailer gears up for its key spring selling season when demand…
Some cars’ systems designed to keep drivers’ eyes on the road fail – AAA study
By Tina Bellon – Some vehicles equipped with automated assistance technology aimed at keeping drivers alert and watching the road fail at that job, an American Automobile Association study found on Tuesday.…
Goldman Sachs leads U.S. banks in return to office
By Matt Scuffham and Noor Zainab Hussain – Goldman Sachs’ U.S.-based staff returned to the office for the first time this year on Tuesday, with rival banks set to follow in the…
U.S. high yield bond ETFs see record outflows in January
By Patturaja Murugaboopathy – U.S. high yield bond exchange-traded funds saw record monthly outflows in January as investors ditched assets likely to be hit by an increase in market volatility and aggressive…
Tesco says 1,600 jobs at risk from store changes
LONDON -Tesco, Britain’s biggest retailer, said on Tuesday 1,600 roles were at risk of redundancy due to operational changes at stores, including the removal of night shifts to restock shelves. The group…
In-debt Cineworld seeks to delay payments to former Regal shareholders
By Juliette Portala and Pushkala Aripaka – Debt-ladden Cineworld is in talks to delay payments to former “dissenting” shareholders of its U.S. division Regal, the British chain said on Tuesday, to bolster…
Exclusive: HBO Max to launch in 15 European countries on March 8
By Supantha Mukherjee STOCKHOLM – WarnerMedia’s HBO Max streaming service will launch in 15 European countries, including Poland, Portugal and Romania, on March 8, making it available in 61 territories across Europe…
Irn-Bru maker raises prices due to fizzing UK inflation
LONDON – The maker of Irn-Bru, the iconic orange Scottish soft drink, said on Tuesday that it had increased its prices due to soaring inflation in Britain. Consumer prices are rising at…
Euro zone factory growth accelerated in Jan as bottlenecks eased -PMI
LONDON – Euro zone manufacturing activity accelerated last month as supply chain bottlenecks eased, although the improvement was not evenly spread across member countries and factories still faced high inflationary pressures, a…
Marketmind: Betting on a “very unlikely” ECB rate move
A look at the day ahead from Sujata Rao. Reserve Bank of Australia governor Philip Lowe stood firm on Tuesday against markets pricing several interest rate rises this year, showing he was…
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