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Why New Grads Shouldn’t Fear A Recession

In 2023 alone, there have been over 118,000 U.S. tech layoffs, according to Crunchbase News, a business publication. That’s in addition to two major bank collapses and two federal rate hikes. The class of 2023 will graduate into this economic upheaval while facing another variable: student loan payments. This can be an overwhelming and confusing time for those set to begin repayment of student debt, says Barry Coleman, vice president of program management and education at the National Foundation for Credit Counseling . Coleman cites the expected end of a three-year pause on federal ...

Hostess CEO Discusses Innovation

Hostess Brands President and CEO Andy Callahan knows that his company —— the maker of Twinkies, HoHos and other snack cakes —— is sometimes the butt of jokes. “A lot of people think a Twinkie has a shelf life of a thousand years,” Callahan said. “It doesn’t. Once it gets to ...

Chasing Big Fish

NEW YORK — Companies from toothpaste makers to even discounters are adding more premium items like designer body creams and services as they reach out to wealthier shoppers who are still spending freely even in the face of higher inflation and a volatile economic environment. Think $10 ...

No Driver? No Problem. Robotaxis Eye San Francisco Expansion

SAN FRANCISCO — Two trailblazing ride-hailing services are heading toward uncharted territory as they seek regulatory approval to transport passengers around the clock throughout one of the most densely populated U.S. cities in vehicles that will have no one sitting in the driver’s ...

Hospice CEO Named To National Group

LAKEWOOD — Mike Testa, Chautauqua Hospice and Palliative Care CEO, has been named to the National Hospice and Palliative Care Organization’s (NHPCO) Quality and Standards Committee. The committee is a national body that consists of 33 members, and Testa is one of nine new members named ...

J&J Proposes $8.9B Talcum Powder Lawsuit Settlement

NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson is earmarking nearly $9 billion to cover allegations that its baby power containing talc caused cancer, more than quadrupling the amount that the company had previously set aside to pay for its potential liability. Under a proposal announced Tuesday, a J&J subsidiary will re-file for Chapter 11 bankruptcy protection and seek court approval for a plan that would result in one of the largest product-liability settlements in U.S. history. The $8.9 billion that J&J would transfer to the subsidiary, LTL Management, would be payable over the ...