Amazon on Friday secured enough votes to defeat the unionization drive at one of its Alabama warehouses, delivering a blow to organized labor who hoped to unionize a U.S. Amazon facility for the first time.Of…
Job losses remain ‘enormous’: Coronavirus unemployment claims are…
A woman wearing a face mask walks past the closed Arlington Cinema and Drafthouse movie theater amid the coronavirus pandemic on May 14, 2020 in Arlington, Virginia.Photo by OLIVIER DOULIERY/AFP via Getty ImagesThe number of…
Wells Fargo tells new clients they need $1…
Wells Fargo is raising the bar for new customers to get a popular mortgage product, CNBC has learned exclusively.The bank is now requiring new clients to bring at least $ 1 million in balances if…
Oil falls 3% as resurgent pandemic prompts worries…
NEW YORK: Oil prices fell about 3% on Thursday as investors worried that renewed lockdowns to contain the spread of coronavirus in the United States would again sink fuel consumption. Brent crude futures fell $…
Black-owned businesses report boost in sales and interest…
Michael De Los Santos saw a big boost in sales on Blackout Day as consumers supported his BBQ sauce business.Source: Michael De Los SantosAs activists and allies spread the word about Blackout Day, some Black-owned…
WTO to select new leader at a time…
The World Trade Organization headquarters at sunrise.FABRICE COFFRINIFive candidates are in the running to take the helm of the World Trade Organization, at a time when the institution is going through a deep identity crisis.The…
Former Fox News anchor Shepard Smith joins CNBC…
CNBC announced on Wednesday that former Fox News anchor Shepard Smith is joining the network to host a one-hour evening news program on weekdays at 7 p.m. ET.The newscast, which will be called "The News…
Covid-19 hit July 4th travel harder in some…
Mount Rushmore National Monument in South Dakota was a top road trip draw over the July 4 holiday weekend, according to data from Arrivalist.Photo by Mike Kline (notkalvin)Travel during the July 4th weekend was busier…
Dividend payments plunge by $42.5 billion in worst…
A pedestrian passes by the New York Stock Exchange, NYSE, in New York on March 17, 2020. (Photo by Michael Nagle/Xinhua via Getty) (Xinhua/Michael Nagle via Getty Images)Xinhua News AgencyCompanies struggling to get through the…