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Starbucks Announces That It Will Stop Using Plastic Straws by 2020

Starbucks Announces That It Will Stop Using Plastic Straws by 2020

Starbucks (NASDAQ: SBUX) announced today that it will eliminate single-use plastic straws from its 28,000 global stores by the year 2020. The Company stated that it stores will be offering straw-less lids or alternative-material straw options i..

Wage Increase Stagnation in an Environment of Declining Productivity and Increasing Inflation

Wage Increase Stagnation in an Environment of Declining Productivity and Increasing Inflation

In 2017, with the historically low unemployment rate of 3.9% and over 200,000 jobs gain through 2018, the wage growth remained sluggish. According to historical data provided by Labor Department, there is a 4.3% rose in 2000 when the unemployment ra..

U.S. Weekly Jobless Claims Increase Slightly

U.S. Weekly Jobless Claims Increase Slightly

The number of Americans filing for unemployment benefits rose slightly last week, but it still suggested that labor market is still strong.Initial claims for unemployment benefits increased by 3,000 to a seasonally adjusted 229,000 in the week ended..

J.Jill Announced Fourth-Quarter Financial Results

J.Jill Announced Fourth-Quarter Financial Results

On Thursday, J.Jill, Inc. (NYSE: JILL), the specialty women’s apparel retailer, announced its financial results for the fourth quarter of fiscal 2017. Revenue of the retailer beat estimates. However, with the weak outlook for the first quarter..

National Institute of Health partners with 11 Biopharma companies for Cancer Research

National Institute of Health partners with 11 Biopharma companies for Cancer Research

The National Institutes of Health and 11 biopharmaceutical companies today launched the Partnership for Accelerating Cancer Therapies (PACT). This is a five-year-public-private research collaboration totaling $215 million as part of the Cancer Moons..

Smartphones to be Produced in India

Smartphones to be Produced in India

India has been growing an interest in developing smartphones but is up in the air right now since there is a lack of skilled labor and suppliers as well as a complex tax regime. Under the slogan ‘Make in India’, the Prime Minister aims t..

U.S Jobless Claims Fall 23,000 to 259,000

U.S Jobless Claims Fall 23,000 to 259,000

The number of Americans filing for unemployment benefits fell unexpectedly last week as the impact of Hurricane in Texas and Florida continues to fade.Initial claims for unemployment benefits decreased by 23,000 to a seasonally adjusted 259,000 in t..