Business

National Layoff Numbers Skyrocket 218 Percent

Business | Steve Birr
A protester holds a sign during a demonstration against unemployment benefit cuts on July 11, 2012 in Oakland. (Photo: Justin Sullivan/Getty Images)
'That was the highest retail total since January 2009.'

Former Obama Treasury Official Pocketing MILLIONS From Puerto Rico's Bankruptcy

Business | Juliegrace Brufke
SAN JUAN, PUERTO RICO - JULY 01:  The Puerto Rican Capitol building is seen as the island's residents deal with the government's $72 billion debt on July 1, 2015 in San Juan, Puerto Rico. Governor of Puerto Rico Alejandro García Padilla said in a speech recently that the people of Puerto Rico will have to make sacrifices and share the responsibilities to help pull the island out of debt. (Photo by Joe Raedle/Getty Images)

Jim Millstein’s restructuring-advisory firm, MillCo Advisors, could recieve $52.4 million

Chicago Teachers Union Rallies Against Bank Of America

Business | Connor D. Wolf
Chicago Mayor Rahm Emanuel holds a news conference in Chicago, Illinois December 30, 2015. REUTERS/Alex Wroblewski

‘We are demanding that Bank of America act as a good corporate citizen’

Chipotle Reports Declining Sales After E. Coli Scares

Business | Toni Ann Booras
File photo of a Chipotle restaurant in Federal Way Washington

The company’s stock has climbed since the CDC announced the E. coli outbreaks ‘appear to be over’

Goldman Sachs Shocks All By Questioning The Idea Of Capitalism

Business | Steve Birr
A money changer counts US dollar banknotes for customers in Jakarta on May 8, 2015. The dollar rose in Asian trade on fresh expectations the US central bank may raise interest rates in the second half of the year, analysts said. AFP PHOTO / Bay ISMOYO (Photo credit should read BAY ISMOYO/AFP/Getty Images)
'there are broader questions to be asked about the efficacy of capitalism.'

Stocks Plummet In Brutal Day Of Trading

Business | Steve Birr
Fake U.S. dollar banknotes are burnt during a ceremony to honour deceased ancestors in the old quarter of Hanoi October 26, 2010. According to Vietnamese tradition, people burn items made of paper, such as money, cloths and vehicles, during the ceremony. Leaders from the 10 ASEAN states plus China, Japan, India, South Korea, Australia, New Zealand and others convene in Hanoi for the ASEAN summit this week with the currency issue as one of the main topics to discuss. REUTERS/Damir Sagolj (VIETNAM - Tags: SOCIETY BUSINESS IMAGES OF THE DAY)

‘People are very spooked about what they can’t see.’

Yahoo Sued For Allegedly Discriminating Against Male Workers

Business | Connor D. Wolf
Yahoo! President and CEO Marissa Mayer (Photo by Ethan Miller/Getty Images)

‘Females with the same Employee Score as male employees were treated better’

Dow Takes A Nose Dive As Oil Prices Drop

Business | Steve Birr
A man watches a board showing the graphs of stock prices. (REUTERS/Kim Kyung-Hoon)

‘Drivers for any market bounce are fairly limited and emotionally based.’

$7.6 BILLION Chinese Ponzi Scheme Rips Off Almost 1 Million Investors

Business | Steve Birr
People count money (REUTERS/Andrew Kelly)

’95 percent of investment projects on Ezubao were fake.’

Union Takes $45K Hit For Misreporting Political Contributions

Business | Connor D. Wolf
$5 Million In Cash Displayed At Seminole Hard Rock Casino (Photo by Joe Raedle/Getty Images)

‘The union agreed to file its reports in accordance with state campaign finance law’

West Virginia Could Become The Next Right-To-Work State

Business | Connor D. Wolf
Members of the Postal Workers Union (Photo by Mark Wilson/Getty Images)

‘Out of the ten states with the highest rate of poverty, seven are right-to-work states’

No One Knows Why Unionized Dock Workers Just Walked Off The Job

Business | Connor D. Wolf
A cargo ship (Photo credit should read FETHI BELAID/AFP/Getty Images)

‘We strongly urge the ILA members to return to work immediately’

Economic Growth Dives In The Fourth Quarter

Business | Steve Birr
President Obama delivers remarks to members of the U.S. Conference of Mayors in the East Room at the White House in Washington

‘There are definitely problem areas’

Obama Admin Ambush Election Rule Leads To More Union Wins

Business | Connor D. Wolf
Citizens vote on Election Day. (FREDERIC J. BROWN/AFP/Getty Images)

‘Win rates are up’

Feeding Frenzy: Mark Cuban Shreds 'Entitled, Arrogant' Silicon Valley Titan

Business | Steve Birr
Mark Cuban (Getty Images)
'entitlement and arrogance'

These 7 States Have Half Of All Union Members

Business | Connor D. Wolf
Members of the Postal Workers Union (Photo by Mark Wilson/Getty Images)

‘Roughly half of the 14.8 million union members in the U.S. lived in just seven states’

There's A $29 Trillion Debt-Bomb That Has Some Investors Rattled

Business | Steve Birr
A $5 dollar bill on fire. Photo by Mike Poresky on Flickr/Creative Commons
'We've never been in a cycle quite like this.'

Why Investors Are Going To Keep Losing Money

Business | Reuters
Street signs for Wall St. and Broad St. hang at the corner outside the New York Stock Exchange

This could last for a long time

China Is Steaming MAD About A Brilliant Call From George Soros

Business | Steve Birr
George Soros (Investor, Finanzier, Open Society Foundation), Rebecca Harms (MdEP, Die Grünen/EFA), Foto: www.stephan-roehl.de

‘Declaring war on China’s currency? Ha ha.’

Washington Republican Works To End Localized Minimum Wages

Business | Connor D. Wolf
Four Shot At Seattle Pacific University (Flikr/Creative Commons)

‘This is a simple check on city councils run by special interests and ideologues’