Target doubles bonuses for salaried employees as profits recover
A Target store in New York, US, on Monday, March 4, 2024. Shelby Knowles | Bloomberg | Getty Images Target will double its bonus payments to salaried employees this year, as the big-box retailer’s profits recover from a bumpy nearly two-year stretch. Salaried employees at the Minneapolis-based retailer receive an annual bonus, based on Target’s […]
Senate passes bill to avert government shutdown, sending it to Biden to get signed into law
The Democratic-run U.S. Senate in Saturday’s early hours passed a $1.2 trillion package of spending bills that prevents a partial government shutdown.
The top 10 richest cities in America
A new report found that New York City is the No. 1 place for ultra-high-net-worth individuals to own a property. Alexander Spatari | Moment | 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, […]
United Airlines says FAA will ‘begin to review’ some operations following safety incidents
“The number of safety-related events in recent weeks have rightfully caused us to pause and evaluate whether there is anything we can and should do differently,” the memo says.
NBC Paris Olympics opening ceremony to play on IMAX
A view shows the logo of the Paris 2024 Olympic and Paralympic Games, in Paris, France, March 19, 2024. Benoit Tessier | Reuters Many of the world’s greatest athletes will make their big-screen debut in IMAX theaters this summer. NBC announced Friday that its live coverage of the 2024 Paris Olympics opening ceremony on July […]
Fanatics fires back at DraftKings’ claims of corporate espionage
Fanatics founder and CEO Michael Rubin at his office in New York. The Washington Post | Getty Images Sports merchandise giant Fanatics is firing back against sportsbook giant DraftKings in an ongoing legal fight over Fanatics’ hiring of a top DraftKings executive. In a legal brief filed late Thursday in U.S. District Court in Massachusetts, […]
My elderly cousin’s nursing home coerced her into changing her will — and selling her house. She was worth millions. Can they get away with this?
“We were told that the attorney had attempted to call Mary’s family but that none of the numbers worked.”
Chrysler parent Stellantis laying off 400 salaried U.S. workers
The Stellantis sign is seen outside the FCA Headquarters and Technology Center in Auburn Hills, Michigan, on Jan. 19, 2021. Jeff Kowalsky | Afp | Getty Images DETROIT — Stellantis is laying off roughly 400 salaried employees in the U.S. in its engineering, technology and software units to cut costs as the automaker faces what […]
Former ‘bond king’ Bill Gross warns ‘irrational exuberance’ is driving stocks higher
Erstwhile “Bond King” Bill Gross doubled down on his stock-market skepticism in his latest investment outlook, where he warned that “irrational exuberance” has driven markets since 2022.
The U.S. is the top country for millionaires and billionaires
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. The U.S. has rapidly overwhelmed China as the world’s top spot for millionaires and billionaires, according a new report. There are now […]
