Browsing: Business
Lululemon billionaire Chip Wilson, wife divorcing after 20-plus years without prenup: report
Lululemon Athletica Inc. founder Chip Wilson and his wife and longtime business partner, Shannon “Summer” Wilson, are reportedly divorcing after more than two decades of marriage. A family legal proceeding between the couple was filed in the Supreme Court of…
Matt Kaulig details how The NASCAR Foundation continues to create impact ahead of 20th anniversary gala in NYC
For 20 years, The NASCAR Foundation has been giving back to those who have supported the sport throughout the country. To celebrate the 20th anniversary, the nonprofit is set to host a two-day celebration in New York City that is all about continuing that…
Trump targets Bombardier, says Canadian jetmaker ‘must build’ in the US
President Donald Trump on Monday said Canadian aircraft manufacturer Bombardier should no longer be allowed to sell its planes in the United States unless it manufactures them domestically. In a Truth Social post, Trump claimed that more than half of…
Americans face the most expensive Labor Day at the gas pump ever recorded
Just as the summer travel season comes to a close, Americans are facing the most expensive Labor Day gas prices on record, extending the squeeze on household budgets for millions hitting the road over the holiday weekend. AAA says nearly 40 million Americans…
The 10 fastest-growing jobs in America over the next decade
The Bureau of Labor Statistics (BLS) recently released a report projecting how the U.S. workforce will grow from 2025 to 2035 and what professions will see the largest increases in jobs as the economy evolves. Employment projections from the BLS estimate that…
Americans splurged smarter this summer with micro-vacations and travel stacking
Labor Day weekend marks the end of the summer travel season and new data shows American households were conscious of finding ways to save money even as they forged ahead with travel and entertainment plans this summer. Bank of America’s summer travel survey…
Jaguar Land Rover opens voluntary redundancy program in $2.3B cost-cutting drive
British carmaker Jaguar Land Rover (JLR) has opened a voluntary redundancy program for salaried and management staff as part of a sweeping multibillion, cost-cutting campaign. The Tata Motors-owned vehicle manufacturer confirmed the voluntary exit scheme for…
School bus driver shortage persists as districts raise pay to compete for workers
School districts across the country continue to struggle to recruit and retain enough school bus drivers, forcing them to compete with other employers for a limited pool of qualified workers despite higher wages. School bus driver employment remained 9.5%…
Amazon responds after cargo plane crash kills 5 at Miami airport
Amazon said it is cooperating with authorities after a cargo plane operating on behalf of Amazon Air crashed while attempting to land at Miami International Airport on Sunday, killing at least five people and injuring five others. The company confirmed to FOX…
Luxury real estate CEO gives blunt response as NYC rents soar over $100K amid new pied-à-terre tax
Manhattan’s luxury rental market is breaking records, with some apartments now going for more than $100,000 a month as New York City’s pied-à-terre tax gives wealthy buyers another reason to rent instead. But Nest Seekers International CEO Eddie Shapiro has a…

