NEW YORK — With inflation hovering near levels not seen in 40 years, higher-income Americans turned to Walmart to cut costs on groceries while its lower-income customers swapped out deli meats for less expensive hot dogs and canned tuna. That boosted sales for Walmart in the second ...
Workers at the New Flyer bus manufacturing facility in Jamestown have formed a union with IUE-CWA, the manufacturing division of the Communications Workers of America (CWA). The Federal Mediation and Conciliation Service verified that a majority of the workers signed union representation cards on Thursday, and New Flyer has agreed to recognize the union. IUE-CWA now represents more than 50 workers who make components for New Flyer buses, including electric buses. The workers join more than a thousand workers at two New Flyer facilities in St. Cloud and Crookston, Minn. who are ...
Retirement can loom like a dark cloud for small-business owners. Many invest blood, sweat and tears — and every penny — into building their business but never set cash aside for the future. A huge number of entrepreneurs have reported putting aside no retirement savings at all. For some, selling the business is their only retirement plan. That’s a risky bet, says Keith Hall, president and chief executive officer of the National Association for the Self-Employed. “You’re putting all of your eggs in one basket. Not just your current lifestyle, but your future,” Hall says. ...
WASHINGTON — The co-founders of baby formula startup ByHeart began working on their product long before the current shortage that’s rattled many American parents. It took Ron Belldegrun and his sister Mia Funt six years to research, test and win regulatory approval for their company’s ...
NEW YORK — In 2020, Kelly Jackson and Davina Arceneaux wanted to leave their company jobs and become business owners. They were looking for something both COVID-proof and recession-resistant. Instead of completely stepping out from under a corporate umbrella, they looked at franchising. ...
WASHINGTON (AP) — Consumers struggling with skyrocketing prices for food, gas, autos and rent got a tantalizing hint of relief last month, when prices didn’t budge at all from June after 25 straight months of increases. With gas prices continuing to fall, inflation is probably slowing ...
