The unemployment rate for Black women fell in December, following a sharp rise
Black women saw a decline in the unemployment rate in December, as it slipped to 5.4%. That is an improvement from November’s rate of 5.9%.
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Airlines cancel more than 3,000 U.S. flights amid storm, Delta slide evacuation at Atlanta
Flight disruptions stretched from Dallas to Atlanta.
Stellantis aims to reverse yearslong declines in U.S. sales and market share in 2025
Stellantis’ top priority for the U.S. this year is to grow its retail market share after several years of declining sales in its largest, most crucial market.
High cost of weight loss drugs drives employers to require nutrition counseling, in boost for startups
Startup Virta Health saw 60% revenue growth last year, topping $100 million, driven by demand for its employer weight loss management program.
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
Allstate, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.
How Audemars Piguet CEO Ilaria Resta is disrupting the luxury watch business
Audemars Piguet will no longer refer to “men’s” or “women’s” watches in its boutiques or marketing.
Chuck E. Cheese makes a comeback, with trampolines and a subscription program
Chuck E. Cheese’s parent company CEC Entertainment filed for Chapter 11 bankruptcy in 2020.
Disney, Fox and Warner Bros. Discovery call off plans to launch Venu sports streaming service
Venu was first announced in February and intended to combine the live sports assets of Fox, WBD and Disney-owned ESPN.
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.