CVS to lay off 5,000 employees as it seeks to cut costs

The Rhode Island-based pharmacy giant said in a statement that it is eliminating "a number of non-customer facing positions" throughout the company

Overstock's website changes to Bed Bath & Beyond domain

The online retailer Overstock.com is dumping its name online and has become Bed & Bath & Beyond, which declared bankruptcy earlier this year.

US trucking giant Yellow shutting down operations amid standoff with Teamsters union

The end of the road comes after the company earlier this month averted a strike by some 22,000 Teamsters-represented workers, saying the company will pay the more than $50 million it owed in worker benefits and pension accruals.

Anheuser-Busch layoffs: Bud Light sales slump leads to hundreds of lost jobs

Anheuser-Busch, the maker of Bud Light, is laying off hundreds of positions across its U.S. corporate staff, the company confirmed this week.

UPS strike avoided after agreement reached with Teamsters

The Teamsters called the tentative agreement “historic" and “overwhelmingly lucrative." It includes, among other benefits, higher wages and air conditioning in delivery trucks.

IRS is ending unannounced visits to taxpayers to protect worker safety, combat scammers

The IRS says it is ending its decades-old policy of making unannounced home and business visits — in a an effort to keep its workers safe and combat scammers who pose as IRS agents.

UPS strike looms: Workers on the brink, here's what you need to know

Negotiations broke down earlier this month and unionized workers have been holding rallies and practice pickets across the country.

Long Island teen starts beach concierge service

For just $40, a new business founded by a Long Island teenager will take care of everything you need on your next beach trip so you can enjoy the sun and sand.

Student loans: More than half of borrowers say they may miss a payment

Many student loan borrowers are worried they'll miss at least one payment when repayment begins, according to a survey by Morning Consult. But the Biden administration announced new student loan relief initiatives after the Supreme Court shut down its student loan forgiveness plan.

UPS strike could be the most expensive in 100 years

Small businesses and consumers face "lasting harm" from a looming UPS strike, according to an economic analysts.