News

Spirit Airlines is set to cut jobs as the airline plans to reduce capacity by 25% year-on-year in November, according to a memo seen by Reuters on Wednesday, deepening woes...

The number of Americans filing new applications for unemployment benefits fell last week, reversing the prior week's jump, but the labor market has softened as both the demand for and...

Microsoft on Thursday said it plans to build a second massive artificial intelligence data center in Wisconsin, bringing its spending in the state to more than $7 billion. The new...

A new report from workplace consultancy Spaces to Places shows a significant change in what defines a successful office in the U.K. According to their latest study, U.K. Flex Office:...

A group of Democratic senators called on Wells Fargo to end its alleged campaign against employee unions, saying a more constructive approach could address a toxic workplace culture and help...

Bank of America has raised its minimum hourly wage to $25 per hour across the United States, the lender said on Wednesday, fulfilling its 2021 pledge. The second-largest U.S. bank...

Drugmaker GSK said Wednesday it would invest $30 billion in U.S. research and development and supply chain infrastructure over five years, after U.S. President Donald Trump arrived in Britain for...

Global asset manager Rithm Capital on Wednesday said it had agreed to acquire office portfolio owner Paramount Group for $1.6 billion in cash, betting on a rebound in office real...

Amazon.com said on Wednesday it is investing more than $1 billion to raise pay and lower healthcare costs for U.S. fulfillment and transportation employees, pushing up the average total compensation...

WeWork is growing its third-party Coworking Partner Network by adding more than 1,000 new locations across the U.S. and Canada, according to Commercial Property Executive. The expansion comes nearly a...