Seattle Becomes First U.S. City to Allow Uber Drivers to Unionize

The Seattle City Council voted unanimously Monday to give taxi, for-hire and Uber drivers the ability to unionize. Mayor Ed Murray won’t sign the ordinance, but...

Wall Street CEO to Pay $18 for Sexually Harassing and then Trashing Employee/Mistress

A wolf of Wall Street will have to pay $1​8​ million for sexually harassing and then trashing online his pretty Swedish underling, a Manhattan...

Wal-Mart Plans to Open Fewer Stores to Invest More in Digital and Technology

Wal-Mart on Thursday reiterated its guidance for the current fiscal year, and said it expects next year's earnings to come in relatively flat as...

Home Depot Investigating Possible System Hack

Home Depot may be the latest retailer to suffer a major credit card data breach. On Tuesday, the popular home improvement chain said it's working...

ABC’s ‘Shark Tank’ Seeks Entrepreneurs of Color Trying to Raise Capital

Nationwide casting call kicks off in Miami, Florida, for business owners to pitch the 'Sharks' and raise capital Now in its 7th season, ABC’s Shark...

General Motors Nets Only $200 Million Profit After $1.2 Billion Cost of Recalls

General Motors reported net income of $200 million in the second quarter after a $1.2 billion charge for the cost of recalls. That's well off...

Ursula Burns’ Stepping Down as CEO of Xerox Leaves No Black Women as CEOs...

Burns, the first black female CEO at a company within the Standard & Poor’s 500 index, is stepping down after almost 40 years of...

Amazon Merger With Whole Foods Wins Anti-Trust Approval

Amazon.com Inc (AMZN.O) on Wednesday cleared two of the biggest hurdles it needed to close its $13.7 billion acquisition of Whole Foods Market Inc...

Percentage of Blacks in Management Positions on the Decline

After rising during the 1970s through the 1990s, African-Americans' participation rates in many job categories slowed or declined in the 2000s, says a report...

Walmart to Raise Wages for Over Half a Million Workers in U.S.

US retail giant Walmart - the nation's largest private employer - has announced plans to raise wages for more than 500,000 hourly employees at...

Volkswagen to Cut 23,000 Jobs in Germany in Bid to Save $3.9 Billion

Volkswagen AG reached a landmark agreement with workers to cut as many as 23,000 jobs in Germany and save 3.7 billion euros ($3.9 billion)...

77 Sears and Kmart Stores to Close Before Holiday Season; 5,300 Jobs Lost

Sears is closing 77 Sears and Kmart stores and cutting 5,300 jobs. And that's not even the worst news. The fact that most of these...

Starbucks Ends Writing About Race on Cups

According to a recently released internal memo, Starbucks baristas will no longer write "Race Together" on customers' cups starting Sunday. Starbucks spokesman Jim Olson says...

Jocelyn Allen Will Lead General Motor’s New Marketing/Communications Diversity Center

In an ongoing effort to improve diversity and multi-cultural marketing efforts, General Motors has announced its establishment of a Marketing/Communications Diversity Center of Excellence...

Bayer to Take Over Seed Company Monsanto After Improved $66 Billion Bid

German drugs and crop chemicals company Bayer has won over U.S. seeds firm Monsanto with an improved takeover offer of $66 billion including debt,...

Retail Workers Feel Disruption in Industry Being Shaped by Technology

With new options and conveniences, there’s never been a better time for shoppers. As for workers ... well, not always. The retail industry is being...

T-Mobile, Amazon, Facebook Sued for Allegedly Excluding Older Americans from Jobs

Three workers and a large union sued T-Mobile, Amazon, Facebook, and other corporations on Wednesday, accusing them of using Facebook’s ad targeting tools to...

Macy’s to Cut 5,000 Jobs, Close More Stores

Macy's is planning 5,000 job cuts, including closure of seven previously unidentified stores and other cuts at remaining locations, as it seeks stability in...

Seattle CEO Loses Employees, Faces Lawsuit After Raising Employees’ Salary to $70,000 a Year

Earlier this year, Dan Price, a graduate of Seattle Pacific University and CEO of Seattle-based Gravity Payments, made headlines nationwide after announcing plans to...

The Winners & Losers Under President Trump’s Proposed Tax Plan

Small business owners, large corporations and the super wealthy could fare well under President Donald Trump’s tax plan. The middle-class could come out ahead,...