Greenlandic organizations said Saturday they had mobilized thousands of demonstrators across Denmark and Greenland to protest U.S. President Donald Trump’s threats to take over the Arctic island, …
Jan 17
2 mins read
United Parcel Service (UPS) is navigating a significant transition as it adapts to changing market dynamics, particularly its dependency on Amazon for deliveries. In a strategic move aimed at bolstering profitability and achieving substantial cost savings by 2026, UPS has announced plans to reduce its workforce and streamline operations, signaling a broader shift within the…
Jersey Mike’s Subs is taking its signature sandwiches overseas with its first European expansion set for this year, the company said Monday. Leading the push is the brand’s founder and board chair, Peter Cancro, via his company, JM Submarines UK Ltd. The deal between Jersey Mike’s and Cancro’s entity calls for 400 stores to be…
As America’s labor market slows, AI-led interviews and auto-generated cover letters are dramatically changing the process of getting a job. And maybe not for the better. More than half of the organizations surveyed by the Society for Human Resource Management used AI to recruit workers in 2025. And an estimated third of ChatGPT users reportedly…
American consumers in December remained downbeat about the state of the economy, a new survey shows. The Conference Board, a nonprofit group representing businesses, said Tuesday that its consumer confidence index fell 3.8 points to 89.1 in December, from November’s upwardly revised reading of 92.9. The latest figures are close to the group’s reading in…
Ascentxmedia | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Ultra rich families are increasingly using their personal investment firms to bring millennial and Generation Z heirs…
A lucky Powerball ticket holder in Arkansas has won an estimated $1.8 billion jackpot, the second largest in US lottery history, after matching all six numbers in Monday’s drawing. The winning ticket, sold at a Murphy USA gas station in Cabot, Arkansas, matched 4, 25, 31, 52, 59, and the red Powerball 19, ending a…