More than a year out from the most brutal round of tech layoffs since the dot-com bubble burst, workers are reckoning with the loss of what some saw as airtight job security in an industry that’s still downsizing. The tech industry recorded about 34,000 layoffs in January, the most in a single month since January 2023, when almost 90,000 people ...
The Body Shop is shutting down its U.S. operations after filing for bankruptcy. The U.K.-based chain filed for Chapter 7 liquidation in New York last week, according to a court filing. The filing means the company’s U.S. operation will sell off certain assets to pay back its creditors. Earlier this month, the beauty store confirmed it had filed for restructuring ...
Airbnb is banning indoor security cameras from rental properties listed on its site, citing privacy concerns. The platform had previously allowed cameras in common areas like hallways and living rooms as long as they were clearly mentioned in a property’s listings. Those will now be banned, too. “Our goal was to create new, clear rules that provide our community with ...
The Body Shop is shutting down its U.S. operations after filing for bankruptcy. The U.K.-based chain filed for Chapter 7 liquidation in New York last week, according to a court filing. The filing means the company’s U.S. operation will sell off certain assets to pay back its creditors. Earlier this month, the beauty store confirmed it had filed for restructuring ...
Buying now and paying later is still a popular way to splurge on airfare to Cabo. It’s an increasingly common way to buy groceries and lawn furniture, too. Consumers ages 35 and under comprise 53% of “buy now, pay later” users but just 35% of traditional credit card holders, according to LexisNexis Risk Solutions. Many of those core “BNPL” borrowers ...
A flying tire. A runway roll-off. Multiple emergency landings. It may seem like mishaps involving planes have been growing in frequency. But experts say there is no cause for major alarm, as the aviation industry’s safety record remains better than it’s ever been when measured by lives lost. “This is not a safety trend,” said John Cox, a pilot and ...
Three years ago, the U.S. economy went through an unprecedented upheaval as millions of workers left low-paying jobs for more promising ones. At the same time, many white-collar workers cemented themselves into remote, or at least hybrid, positions that gave them more flexibility. It was called the ‘great resignation.’ Fast-forward to today, and the situation looks like a mirror image, ...
Temple University said it was looking into reports of match fixing of a Division 1 men’s basketball game. In a statement Friday, a university representative said it was reviewing the March 7 game between the Temple University Owls and the University of Alabama-Birmingham Blazers at Temple’s Liacouras Center arena in Philadelphia. ‘We are aware of the media reports regarding last ...
Two of America’s iconic chain eateries are set to combine forces — literally. The parent company of IHOP and Applebee’s has announced it has begun opening dual-branded locations, combining back-of-the house cooking areas and blending front-of-the-house dining areas, though with discrete entrances. On parent Dine Brands Global’s most recent earnings call, CEO John Peyton said the company had already rolled out ...
United Airlines will pause pilot hiring this spring because of aircraft deliveries from Boeing, the latest effect of the plane maker’s problems with one of its biggest customers. New hire classes will be paused in May and June and will likely resume in July, Marc Champion, vice president of flight operations, and Kirk Limacher, vice president of flight ops planning and development, ...