ABC 7 News Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. 274 people found themselves jobless after the Momence Packing Company in Illinois abruptly shut its doors on June 2. Originally built in 1962 and run by Johnsonville Foods as a sausage manufacturer since 1995, it was a gut punch to a …
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Cardinal Health is one of the largest healthcare giants in America, supplying medical products and data solutions for over 90% of U.S. hospitals. But just a few years ago, its operating earnings plummeted $300 million as some segments struggled. When Jason Hollar took over as CEO of the Fortune 500 company in late 2022, the business turnaround required some serious …
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Washington — In an exclusive interview with CBS News, the head of U.S. Immigration and Customs Enforcement said his agents will arrest anyone they find in the country illegally, even if they lack a criminal record, while also cracking down on companies hiring unauthorized workers. Todd Lyons, the acting director of ICE, said his agency will prioritize its “limited resources” …
Read More »2025-07-17T16:39:03Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Amazon is laying off employees in its cloud-computing unit, Amazon Web Services. …
Read More »Before the mayor of San Jose, California, arrives at a ribbon-cutting ceremony for a new business, his aides ask ChatGPT to help draft some talking points. “Elected officials do a tremendous amount of public speaking,” said Mayor Matt Mahan, whose recent itinerary has taken him from new restaurant and semiconductor startup openings to a festival of lowriding car culture. Other …
Read More »Sarepta Therapeutics to Restructure, Lay Off 500 Workers The Wall Street Journal Sarepta Therapeutics Announces Strategic Restructuring and Pipeline Prioritization Plan to Maintain Long-term, Sustainable Growth and Provides Update on ELEVIDYS Label Sarepta Therapeutics Sarepta Stock Soars 30%. Why Layoffs and a ‘Black-Box’ Warning Are Good News. Barron’s Sarepta Soars as Gene Therapy Stays on Market With Warning Bloomberg Sarepta Tags DMD Gene Therapy …
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WASHINGTON — A bipartisan duo is teaming up in the House to introduce a bill that would provide legal status for certain undocumented immigrants amid President Donald Trump’s broader mass deportation efforts. Under the legislation from Reps. Maria Elvira Salazar, R-Fla., and Veronica Escobar, D-Texas, called the Dignity Act of 2025, undocumented immigrants who have been in the United States …
Read More »NEW YORK (AP) — The lights are on at the Consumer Financial Protection Bureau across the street from the White House, and employees still get paid. But, in practice, the bureau has been mostly inoperable for nearly six months. CFPB employees say they essentially spend the workday sitting on their hands, forbidden from doing any work by directive from the …
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SEATTLE — Starbucks is requiring some remote workers to return to its headquarters and increasing the number of days that corporate employees are required to work in an office. In a letter to employees posted on Monday, Starbucks Chairman and CEO Brian Niccol said corporate employees would need to be in the office four days a week starting in early …
Read More »Supreme Court gives Trump green light to fire Education Department workers Axios Supreme Court Allows Trump to Gut Education Department With Mass Firings The New York Times Supreme Court allows Trump’s mass layoffs at Education Department NBC4 Washington Supreme Court lets Trump fire hundreds of Education Department workers and dismantle the agency Yahoo News Trump: McMahon will begin process of dismantling Education Dept after …
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