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Business
Eric Adams Vows to ‘Welcome Business,’ Calling New York ‘Dysfunctional’
He has been more supportive of charter schools than several of his Democratic mayoral rivals, and more so than Mr. de Blasio; he also has close ties to real estate. And Mr. Adams has said that public safety must be at the center of the economic recovery efforts — echoing a theme that more than 150 business leaders underscored in a letter to Mr. de ...
Business
DC attorney general targets Amazon’s first-party business for antitrust
Andy Jassy, CEO of Amazon and then CEO of Amazon Web Services, speaks at the WSJD Live conference in Laguna Beach, California, October 25, 2016.Mike Blake | ReutersDistrict of Columbia Attorney General Karl Racine expanded his antitrust complaint against Amazon on Monday, targeting the company's relationships with wholesale suppliers.Racine sued Am...
Business
Grocery prices headed higher: Kroger
FOX Business' Jeff Flock reports on how consumers have been affected by rising meat prices.  Grocery prices are headed higher later this year, according the U.S.’s largest supermarket by sales.  Cincinnati-based Kroger Co., which had $132 billion in sales last year, says inflation is running hotter than management previously anticipated and th...
Business
Selfridges Is Now in the Wedding Business
“For some time now, it’s used unexpected or creative brand activations and collaborations and cultural programming not just to bring people into the store, like a sort of immersive magazine, but also to establish its full authority in understanding cultural and consumer trends,” she said.The department store has also benefited from being a small ch...
Business
Facebook to buy $100 million of invoices from diverse-owned businesses
Facebook CEO Mark ZuckerbergChesnot | Getty Images News | Getty ImagesFacebook this week announced a $100 million commitment to a program that supports small businesses owned by women and minorities by buying up their outstanding invoices.By buying up outstanding invoices, the Facebook Invoice Fast Track program puts money in the hands of small bus...
Business
Biden’s Covid-19 Vaccine Mandate Splits Business Community
The Biden administration’s order that most major U.S. companies mandate that their workers get vaccinated or tested weekly for Covid-19 split the business community. Many executives and business groups said they supported the government’s goal of speeding the pace of vaccinations to keep the recent surge in U.S. cases from hamper...
Business
A Proclamation on Small Business Week, 2021
The American entrepreneurial spirit is a defining quality of our Nation which time and again has lifted us to new heights and carried us through our greatest challenges.  Small businesses are not only the engines of our economic progress — they are the heart and soul of our communities.  During National Small Business Week, we celebrate...
Business
Wells Fargo Fined $250 Million for Problems in Its Mortgage Business
Regulators fined Wells Fargo & Co. $250 million for lack of progress in addressing longstanding issues in its mortgage business. The Office of the Comptroller of the Currency, one of the bank’s top regulators, said the lender had failed to fix problems it first identified in a 2018 order, in which the bank was found to have...
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