Shawn Fain and Charged-Up Workers Are Just Getting Started (Exclusive)After years of decline, the American labor movement saw a sudden resurgence in 2023. Aggressive new leaders; younger, mobile workers unafraid to demand their due; a post-pandemic shift in work-life attitudes; and a tight labor market all came… Dec 26 23December 26, 2023Article at Rocio on Authory
Brand Barbie: Over 100 Companies Bet Big on a 64-Year-Old DollWe are all seeing pink as Barbie takes over big screens — and store shelves. Barbie has made a comeback ahead of the highly anticipated Barbie movie. Mattel, which has been making Barbie dolls since 1959, is re-connecting with consumers ahead of the… Jul 21 23July 21, 2023Article at Rocio on Authory
How ‘Too Big to Fail’ Turned Into Billions in Profits for JPMorgan ChaseIn the first eight months following the acquisition of First Republic by 'fortress' JPMorgan, the failing bank generated $4.1 billion for the megabank When JPMorgan Chase acquired failing First Republic in May, CEO Jamie Dimon said the purchase… Jan 30 24January 30, 2024Article at themessenger.com
Rising Lipstick Sales May Be a Red Flag of a Looming RecessionWeeks after the 9/11 attacks on the World Trade Center, the U.S. economy was in the throes of a major recession, but lipstick sales at Estée Lauder were hot. Its MAC factories had to run extra shifts to keep up with demand in the fall of 2001, heir… Dec 29 23December 29, 2023Article at Rocio on Authory
Work Dress Codes Have Changed: Crocs and Flip Flops Still Aren’t In, But Suits Are Definitely OutFor those returning to work in 2023, going to an office that may be only half full has redefined what dressing for success looks like Trying to get dressed for work in a post-pandemic, hybrid world is tricky — even the U.S. Senate is confused. It… Nov 13 23November 13, 2023Article at Rocio on Authory
Halloween Spending Gets Spooky as It Becomes Important Measure of Consumer HealthHalloween will be the first big spending event following the resumption of student loan payments Consumer spending just got spookier. For years, many economists and retailers have looked to back-to-school spending to predict how much consumers might… Sep 13 23September 13, 2023Article at Rocio on Authory
The ‘Lazy Girl Job’ and Quiet Quitting Replace Hustle Culture for Gen-Z WorkersAfter decades of success predicated on climbing the corporate ladder, younger American workers are revolting against so-called hustle culture The latest generations to enter the workforce, millennials under 35 and Gen-Z, are less likely than their… Sep 05 23September 05, 2023Article at themessenger.com
Cost of Devastating Maui Wildfires Is Anybody’s GuessEstimates range as high as $16 billion, but some insurance experts say it's too early to hazard a guess Ten days after the most destructive wildfire in Hawaii’s history ripped through the historic town of Lahaina, nobody can agree on how much the… Aug 18 23August 18, 2023Article at Rocio on Authory
Hollywood Could Take a $4 Billion Hit, With Costly ‘Ripple Effects’ Across the CountryThe SAG-AFTRA and WGA strikes could deliver a double whammy to the TV and movie ecosystem but also slam multiple state economies Just a week into the double strike that brought productions nationwide to a grinding halt, the film and television… Jul 21 23July 21, 2023Article at Rocio on Authory
Labor Unions Are B-a-a-ck, Mad as Hell, And More ‘Militant’ Than EverStagnant wages, high inflation, a tight labor market and the new threat of artificial intelligence are sparking aggressive worker movements from Hollywood to Detroit. Today’s workforce is “much more militant" about having a voice in the workplace… Jul 19 23July 19, 2023Article at Rocio on Authory