BUSINESS
Employers Fight 'The Big Quit' with Better Pay, Bonuses and Benefits
Retailers are still short hundreds of thousands of workers. Here's how the turnover is changing how merchants operate and treat their employees.
Pandemic Is Likely to Undo Progress on Gender Wage Gap, New Research Shows
The unemployment penalty that millions of women face after losing or leaving jobs during the pandemic seems likely to widen the gender wage gap in coming years.
Crypto News Today: Bitcoin Approaches $40,000 Breakout Level
Newsweek's new cryptocurrency update shows that both Bitcoin and Ethereum are trading in narrow bands, with a bearish outlook.
Brands Amp Up Rewards with Backstage Passes, Exclusives, Freebies and More
With customers increasingly willing to stray, brands are upping their loyalty game.
'Cancel Culture' Forced US Firms to Exit Russia After Ukraine Invasion: CEO
Sanford Mann argued Sunday that ending Russia operations is "not a good long-term plan" for American businesses.
Amazon Relocates Workers Due to Out-of-Control Violence in Downtown Seattle
Numerous other companies in the area have opted to keep workers remote for the same reason.
Investor Scrutiny Prompts Deutsche Bank to Drop Business in Russia
"We are in the process of winding down our remaining business in Russia while we help our non-Russian multinational clients in reducing their operations," the bank said.
Cryptocurrencies Surge as Industry Celebrates Biden's Executive Order
Bitcoin and other popular cryptocurrencies saw as much as 10 percent increases following the signing of the executive order.
Russian News Says Trademark Loopholes Could Be Used to Reopen McDonald's
The restaurant chain previously said that it would be closing all of its 847 Russian locations as a result of the Ukrainian invasion.
Uber, Lyft to Bear Brunt of Record-High Gas Prices, Labor Expert Predicts
Jobs With Justice's Adam Shah told Newsweek that ride-sharing apps will need to realize that their drivers might leave if gas costs aren't reimbursed.
New Florida Bill Could Set Up Legal Fights Between Businesses, Ordinances
The bill that is now being sent to Governor Ron DeSantis could allow some businesses to sue local governments over ordinances they believe hurt their profits.
Coca-Cola, Starbucks Join List of Companies to Suspend Business in Russia
The companies said they would be suspending business operations and closing store locations until further notice in Russia over the invasion of Ukraine.
McDonald's Closing Restaurants in Russia, Will Keep Paying 62K Workers
Ronald McDonald Houses will still remain open throughout Russia amidst the restaurant closures.
Russian Economy Could Default in Just a Few Weeks—Morgan Stanley
Sanctions on Russia after its invasion of Ukraine may have catastrophic consequences for the country's economy.
Gender Equity at Work Advances at 'Glacial Pace,' New Harvard Survey Shows
Progress is being made toward workplace gender equity but it's still very slow going, according to a new analysis by Harvard Business School.
Visa, Mastercard Grant Zelensky's Request, Ban All Operations in Russia
"We are compelled to act following Russia's unprovoked invasion of Ukraine, and the unacceptable events that we have witnessed," wrote Visa's CEO.
Zara, Puma Among Latest Retailers to Leave Russia, But Others Standing Firm
The fashion companies join a growing number of businesses ceasing operations with the country.
California Resort Fined $3.3M, Accused of Breaching 'Right to Recall' Law
The California labor office alleges that 53 employees laid off during the pandemic were not properly offered their positions back.
Swedish Company IKEA Is Latest Global Brand to Donate to Ukrainian Relief
The furniture giant also announced that it would be pausing all operations in Russia and Belarus.
Budweiser Silent On Renewing Russian Contract Amid Putin's Ukraine Invasion
When Newsweek asked whether the company would end its partnership, it was refused comment and directed to a statement.
U.S. Stock Market Up Overall in 5 Trading Days Since Ukraine Invasion Began
The Dow Jones Industrial Average has risen about 3.2 percent along with increases of 5.5 percent for the S&P 500 and just over 9.2 percent for the Nasdaq Composite Index.
Amazon Closing Bookstores, Other Physical Locations to Focus on Groceries
Whole Foods Market, Amazon Fresh and Amazon Go will continue to operate and expand throughout the country.