Costco will increase the starting hourly wage to $ 16; end of risk premium

[ad_1] NEW YORK (AP) – Costco will increase its starting wage to $ 16 an hour, outperforming most of its major competitors. Costco CEO Craig Jelinek announced the increase Thursday during a Senate Budget Committee hearing, chaired by Sen. Bernie Sanders, to examine salaries at large companies. Jelinek said the starting salary for Costco employees … Read more

Best Buy is expected to close even more stores in 2021 than usual as consumers shop more online – USA TODAY

[ad_1] Best Buy is expected to close even more stores in 2021 than usual as consumers shop more onlineUSA TODAY East Bay Best Buy employees receive vaccination bonus and bonusPatch.com Best Buy just laid off 5,000 workers, will close more storesCNN Best Buy announces bonuses of up to $ 500 for hourly workersBring me the … Read more

DoorDash Q4 sales soared 226% with in-person meal restrictions ongoing

[ad_1] DoorDash reported revenues above estimates. The food delivery service reported revenue of $ 970 million and adjusted EBITA of $ 94 million, easily beating estimates of $ 926.71 million in expected revenue and $ 298 million year-on-year. of $ 92.97 million in Adjusted EBITA. Emily McCormick of Yahoo Finance breaks down the details. Video … Read more

Zillow is making cash offers on homes using its ‘Zestimate’ home value tool

[ad_1] NAHB CEO Jerry Howard discusses the mass exodus from cities, creating high demand in the housing market and regulations slowing home construction. Zillow uses its “Zestimate” to make cash offers on homes. The real estate listing website announced Thursday that its Zestimate – Zillow’s home valuation tool – could be considered an initial cash … Read more

Asian markets are in the grip of bond rout

[ad_1] SYDNEY / MIAMI (Reuters) – Asian stocks slipped to a one-month low on Friday as the rout in global bond markets blew yields and spooked investors, fearing the heavy losses suffered could trigger sales in difficulty of other assets. FILE PHOTO: Pedestrians are pictured on an electronic board displaying various stock prices at a … Read more

What investors are watching after soaring Treasury yields – Bloomberg

[ad_1] What investors are watching after the T-bill yields surgeBloomberg Why rising bond yields challenge stocks and the FedCNBC Television Powell says better child care policies could increase the number of women in the workforceSeattle Times Markets and Mr. PowellThe Wall Street Journal Inflation is uncontrollable but not inevitableBloomberg View full coverage on Google News … Read more

AT&T sells minority stake in struggling DirecTV business

[ad_1] Photo: Toby Jorrin (Getty Images) It appears AT&T has found a buyer for its beleaguered DirecTV business. AT&T ad today that it will form a new company with private equity firm TPG called New DirecTV which will oversee the video activity of AT&T DirecTV, U-verse and AT&T TV, the latter recently absorbed the company’s … Read more