CVS to lay off over 180 employees in May, 3 from Massachusetts
By Madalyn Jimiera
183 will be out of a job in May after CVS announced it would be cutting the jobs of these remote workers who report to the Wellesley office.
Business
Tariffs leave Global Market recovering and bracing for further impacts
By Madalyn Jimiera
After Trump’s tariffs on Canada, Mexico, and China went into effect on Tuesday, the stock market saw decreases across multiple sectors, leaving investors concerned about the future of the economy.
Unemployment claims spike as DOGE slashes government spending
By Bryce Heilmann
As Elon Musk’s Department of Government Efficiency continues cutting costs and laying off federal employees, the Department of Labor reported an alarming increase in unemployment claims last week.
Americans’ concerns about rising inflation rates introduce new worries for the Federal Reserve
By Madalyn Jimiera
The rising inflation expectations among Americans are causing the Federal Reserve to adopt new strategies to ease anxieties.
Uber and Lyft drivers report the new Massachusetts minimum wage is declining pay
By Addison Brewer-Hay Despite a raised minimum wage some drivers say that the new number appears to be used as a cap on overall profit. A new Massachusetts proposition raising the minimum wage to...
Warner Bros. Discovery stock surges as it restructures its business
Originally Published: 12 DEC 24 09:10 ET Updated: 12 DEC 24 16:09 ET By Brian Stelter, CNN (CNN) — Warner Bros. Discovery, CNN’s corporate parent, announced Thursday it is establishing a new corporate structure...
Amazon plans to donate $1 million to President-elect Donald Trump’s inauguration
Originally Published: 12 DEC 24 18:31 ET Updated: 12 DEC 24 18:53 ET By Kaitlan Collins, CNN (CNN) — Amazon is planning to donate $1 million to President-elect Donald Trump’s inauguration, a person familiar...
TikTok loses bid to strike down law that could ban it from the US
Originally Published: 06 DEC 24 10:39 ET Updated: 06 DEC 24 12:48 ET By Clare Duffy and Brian Fung, CNN New York (CNN) — TikTok has lost its bid to strike down a law...
Disney agrees to pay $43 million to settle lawsuit alleging it paid men more than women
Originally Published: 26 NOV 24 06:52 ET By Jordan Valinsky, CNN New York (CNN) — Disney has agreed to pay $43 million to settle a lawsuit that it paid female employees less than their...
School committee member speaks out in Beverly as teacher strikes continue
Teachers in Beverly and Gloucester still have not agreed on new contracts with school committees, prolonging a return to school.