Rob Marciano, the weatherman who was ousted by ABC News in April following an alleged angry outburst at a “Good Morning America” producer, has been hired by CBS News, according to a report. Marciano, who had a reported history of “anger management issues” at the Disney-owned network, will join CBS News as part of its … Read more
A growing number of Gen Zers plan to pursue traditional blue-collar jobs in trades like welding, plumbing and electrical work as young adults lose faith in the value of a college degree, according to a new study. About 23% of Americans who are not currently working in the trade field say they plan to move … Read more
Nike withdrew its annual revenue forecast on Tuesday and missed estimates for quarterly revenue as the sportswear giant battles weak footwear demand amid stiff competition from newer brands globally, sending its shares down 6% after hours. It had earlier forecast a mid-single-digit percentage range decline in annual revenue. The company is yet to see sales benefits from its drive to … Read more
Controversial Washington Post tech columnist Taylor Lorenz on Tuesday said she quit the left-leaning paper — weeks after the publication launched an internal review following her social media post that called President Biden a “war criminal.” Lorenz, who hadn’t published anything for the Jeff Bezos-owned broadsheet since Aug. 7, said she was leaving in order … Read more
A former Meta staffer who was placed on a “Do Not Hire” and “No Entry” list after stalking and sexually harassing a fellow male co-worker was rehired by the tech company after its recruitment department was downsized, according to a lawsuit filed Tuesday. The complaint filed in New York Supreme Court accused Meta of violating … Read more
NEW YORK — Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand for new sneaker models and other products. The lackluster results Tuesday came after Nike announced last month that its CEO, John Donahoe, is stepping down on Oct. 13. Company veteran Elliott Hill is … Read more
U.S. stocks pulled back from their records after a sharp escalation of tensions in the Middle East raised worries about potential disruptions to the flow of oil. The S&P 500 fell 0.9% Tuesday, and the Dow Jones Industrial Average lost 0.4%. Both had set all-time highs the day before. The Nasdaq composite sank 1.5% after … Read more
Fiery union boss Harold Daggett has long cast himself as a staunch advocate for blue-collar workers, even as he has lived in luxury, owning a yacht and driving a Bentley — and fought off alleged ties to the Mafia. Sporting a polo shirt with a chunky gold medallion around his neck, the 78-year-old Daggett, who … Read more
A dockworkers strike that has idled more than a dozen of the largest ports across the Eastern US threatens to reignite food inflation in the coming weeks, and could create a shortage of toys and Christmas trees just as the holiday season gets underway. Some 45,000 members of the International Longshoremen’s Association walked off the … Read more
BlackRock CEO Larry Fink said on Tuesday investors are wrong if they think the Fed will make massive interest rate cuts later this year because the billionaire money man believes the US economy will continue to grow. Fink dismissed market predictions that rates will be slashed further through the end of year after Chairman Jerome … Read more