BUSINESS
Target Raises Minimum Hourly Wage for Some Positions to $24
Retailer Target announced it would raise the minimum wage for some workers from $15 to $24 per hour to...
As Fuel Prices Soar, Experts Warn Americans to Brace for Further Increases
Fuel prices across the United States continue to soar as experts warn that prices have not yet peaked...
Amazon Limits Paid COVID Leave to Employees Vaccinated Against COVID
Amazon denies its vaccine-free employees enjoying paid leave after receiving a positive PCR-test result...
Meta Shares Slump 20 Percent After Earnings Report, Number of Facebook Users Declines for First Time
On Feb. 2, shares of Facebook owner Meta fell by 20 percent after the social media platform’s quarterly...
Intel Could Spend $100 Billion Over the Next Decade on New Ohio Chip Plants
On Jan. 22, Intel announced that it will be investing $20 billion in the United States to build two chip...
China: Canon’s Large Severance Packages Make Chinese Think Again
Recently, Canon Zhuhai Co., Ltd., a subsidiary of Canon located in Zhuhai, China, announced its closure...
China’s ‘Belt and Road Initiative’ Falters as Beijing Runs Out of Funding
What started out as an ambitious plan to globalize itself is now slipping further out of reach for the...
In 2022, Expect China’s Economy to Worsen Further
A major factor — among many others — is China Evergrande’s debt crisis and mounting debt problems for...
Congestion at China’s Largest Port Triggers More Supply Chain Worries
The pandemic has disrupted supply chains, causing product shortages and pushing up inflation. As the...
