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Inflation, labor and delta variant hit restaurant owners, Goldman Sachs data finds

Restaurants around the county were looking ahead to the economy's reopening over the last few months, as Covid vaccines became more widespread and pent-up consumer demand was palpable.But headwinds from supply chain disruptions to a labor shortage and rising costs are hitting the...

Walgreens Boots Alliance Slips On Labor Cost Concerns 

Walgreens Boots Alliance Invests In Labor, Sales Rise Walgreen’s (NASDAQ: WBA) reported a great quarter in which it beat on the top and bottom lines, and raised guidance, and yet shares are falling. The market appears to have latched onto the company’s increase in...

U.S. weekly jobless claims less than expected as labor market returns to pre-pandemic self

Initial claims for unemployment insurance rose last week but held at levels consistent with how the job market looked before the Covid-19 pandemic devastated the U.S. employment picture, the Labor Department reported Thursday.First-time filings for the week ended Nov. 27 totaled 222,000, less...

Northrop Grumman CEO Warden on labor shortages, Omicron variant

WASHINGTON – Northrop Grumman CEO Kathy Warden said the ongoing labor shortage plaguing the nation was a primary focus for America's defense business."When I think about the challenges that we all might face going into next year, the labor shortages that we're seeing...