Inflation is at a 40-year-high, and companies around the country are facing challenging conditions as they work to keep their businesses alive. Philly’s in Summerville, South Carolina, is a small mom-and-pop restaurant that has felt the economic pressure. Recently, the eatery was forced to close i...
Andy Rubin , known as the “Father of Android “, has returned to the public eye with a new business venture that will focus on “surveillance services” for the home. According to Android Authority , The Information reported that the ex-Google executive has a new Palo Alto, Cali...
Pay and benefits for America’s workers grew at a healthy but more gradual pace in the final three months of 2022, a third straight slowdown, which could help reassure the Federal Reserve that wage gains won’t fuel higher inflation. Wages and benefits, such as health insurance, grew 1% in...
Exxon Mobil Corp posted a $56 billion profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry. Oil majors are expected to break their own annual records on high prices and ...
Pfizer surprised Wall Street with a prediction for a bigger-than-expected sales drop this year for two key products: its COVID-19 vaccine and treatment. The drugmaker also released an earnings forecast that is below analyst expectations, sending shares lower before the opening bell Tuesday. Pfi...