Wholesale inflation rose 0.6% in February, much more than expected
Wholesale prices accelerated at a faster-than-expected pace in February, another reminder that inflation remains a troublesome issue for the U.S. economy. The producer price index, which measures pipeline costs for raw, intermediate and finished goods, jumped 0.6% on the month, the Labor
Boeing did not retain security camera footage showing work on Max jet door that blew out, NTSB says
Security camera footage showing work being done on a Boeing Max 9 door plug that later blew out mid-air has been overwritten, the head of the National Transportation Safety Board said. In a letter to the Senate Committee on Commerce, Science,
Boeing and Alaska Airlines point fingers at each other in lawsuit over door plug blowout
Boeing and Alaska Airlines have separately denied any legal responsibility for the injuries allegedly caused to dozens of passengers after a door plug blew out of a 737-Max 9 jet during a flight in January. In its formal answers this week
Boeing, Alaska Airlines point fingers at each other in lawsuit over door plug blowout
Boeing and Alaska Airlines have separately denied any legal responsibility for the injuries allegedly caused to dozens of passengers after a door-plug blew out of a 737-Max 9 jet during a flight in January. In its formal answers this week to
Family Dollar to close almost 1,000 stores
The parent company of Family Dollar said it would close approximately 1,000 stores, citing market conditions, store performance and other factors. Dollar Tree, which has owned Family Dollar since 2015, said Wednesday that 600 Family Dollar stores would close in the
The Body Shop shuts down in the U.S. after filing for bankruptcy
The Body Shop is shutting down its U.S. operations after filing for bankruptcy. The U.K.-based chain filed for Chapter 7 liquidation in New York last week, according to a court filing. The filing means the company’s U.S. operation will sell
Laid-off tech workers turn to LinkedIn, therapy and one another to bounce back
More than a year out from the most brutal round of tech layoffs since the dot-com bubble burst, workers are reckoning with the loss of what some saw as airtight job security in an industry that’s still downsizing. The tech industry