

Danielle Kaye
Posts

Intel CEO Pat Gelsinger Steps Down Amid Chipmaker’s Struggles
Pat Gelsinger stepped down after nearly four years at the helm of the company, Intel said Monday.

As Cash Fades, Small Retailers Embrace Efforts to Rein In Swipe Fees
Business owners say card transaction fees are a growing monthly expense, one often passed to consumers. They’re cheering efforts to lower them.

What the Spirit Airlines Bankruptcy Could Mean for Travelers
Flights will still take off and travelers can keep booking tickets, the low-cost carrier said, as the company enters Chapter 11 bankruptcy.

Stocks Fall as Wall Street’s Election Enthusiasm Subsides
The post-election rally has lost steam, with the S&P 500 down 2 percent for the week. But major stock indexes are still up since Election...

NLRB Bars Mandatory Anti-Union Meetings After Amazon Draws Complaint
The ruling, stemming from a complaint against Amazon, bars companies from compelling workers to attend meetings on unionization’s downsides.

Stock Market Rallies to Its Best Week in Over a Year
President-elect Donald Trump’s win, coupled with a quarter-point interest rate cut from the Federal Reserve, pushed major stock indexes into record territory.

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite...

Election Uncertainty Looms Over Hiring
Some employers say they have been wary to expand until the outcome of the presidential election is known.

Boeing Will Sell $19 Billion in Stock Amid Costly Strike
The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.

Abercrombie Confronts Sex Trafficking Accusations Against Mike Jeffries, Ex-CEO
Recent sex trafficking charges against Michael Jeffries could implicate the retailer, too, as it tries to close a tumultuous chapter in its history.