Author: Editor

Manufacturing is having a resurgence in the US — and with it comes a massive demand for talent. The industry is expected to add 3.8 million jobs over the next decade, but because of a wave of Baby Boomer retirements and a widening skills gap, as many as half of those roles could go unfilled.The challenge isn’t just filling roles. There is a real need for workforce development and helping employees build skills that support their goals today and into the future. And for manufacturers, investing in talent pays off. According to Deloitte, employees who believe they’re gaining valuable skills…

2025-06-09T15:40:27Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Costco is bringing back a key perk for shoppers in its higher-priced membership tier. Starting June 30, executive members will be able to shop an hour earlier than Gold Star members. Slightly less than half of Costco members pay for the executive tier, but they represent 73% of sales. A big perk…

The ill-fated marriage between Warner Bros. and Discovery is heading for divorce — and Wall Street is cheering.Warner Bros. Discovery on Monday announced plans to split its declining TV networks from its growing streaming and studios business. This spinoff proposal comes three years after WBD’s inception. If all goes well, the spinoff will happen in mid-2026.WBD CEO David Zaslav will oversee the sexier streaming part, while CFO Gunnar Wiedenfels — known for delivering “synergies” — will be in charge of the shrinking networks. WBD isn’t alone, as Comcast is also splitting from most of its cable assets.By largely undoing the merger,…

2025 was supposed to be a better year for the US housing market. But midway through, it’s still stuck in low gear.After the worst year for home sales since 1995, there are scant few signs of life in the market. Even a record amount of unsold inventory hasn’t lured buyers in.According to Redfin data released this month, sellers in the US are sitting on $700 billion of unsold housing stock, the highest dollar amount ever. Going by the number of homes for sale across the country, inventory is at a five-year high. Also, 44% of listings — or about $331…

A Capital One Walmart credit card sign is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019.Yichuan Cao | Nurphoto | Getty ImagesWalmart’s majority-owned fintech startup OnePay said Monday it was launching a pair of credit cards with a bank partner for customers of the world’s biggest retailer.OnePay is partnering with Synchrony, a major behind-the-scenes player in retail cards, which will issue the cards and handle underwriting decisions starting in the fall, the companies said.OnePay, which was created by Walmart in 2021 with venture firm Ribbit Capital, will handle the customer experience for the card…

As the Senate takes up the Trump administration’s tax bill, Neil Fishman, the president of the National Conference of CPA Practitioners, dives into the details of the House bill and some of the possibilities in the Senate, as well as other issues from Washington that accountants should be keeping in mind.Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio for the authoritative record. Dan Hood (00:03):Welcome to On the Air with Accounting Today. I’m editor-in-chief Dan Hood. As you’ve probably heard, there’s a lot going on…

Chipotle Mexican Grill’s new Adobo Ranch dipSource: Chipotle Mexican GrillChipotle Mexican Grill is hoping that Americans’ love for ranch will boost its sales.On June 17, the burrito chain is launching Adobo Ranch, a spicier take on the iconic condiment that has transcended salads to adorn pizza, chicken wings and chips. The menu item is Chipotle’s first new dip since queso blanco, which launched in 2020.The debut comes as Chipotle tries to recover from a rough start to the year. In the first quarter, the company reported its first same-store sales decline since 2020. Executives cited a pullback from consumers who…

STATE COLLEGE, PA – DECEMBER 21: Drew Shelton #66 of the Penn State Nittany Lions before a game between SMU and Penn State at Beaver Stadium on December 21, 2024 in State College, Pennsylvania. (Photo by Roger Wimmer/ISI Photos/Getty Images)Roger Wimmer/isi Photos | Getty Images Sport | Getty ImagesAs the college athletics landscape undergoes seismic changes, Elevate on Monday announced a $500 million fund to help universities create long-term growth through strategic investments.The global sports and marketing agency has partnered with private equity firm Velocity Capital Management and Texas Permanent School Fund Corporation to provide schools with money and resources…

Duolingo’s CEO said AI was not causing jobs to disappear at his company — but that workers will need to adapt.Following some negative responses to its recent “AI-first” strategy announcement, Luis von Ahn said some had misunderstood the intent and that Duolingo wasn’t replacing its workforce with machines.”Every tech company is doing similar things,” but “we were open about it,” he told the Financial Times in an interview published on Sunday. “I should have been more clear to the external world.”In April, Duolingo shared a companywide email on LinkedIn outlining its push toward more AI-driven operations.Some users accused the language-learning…

Warner Bros. Discovery stock jumped in premarket trading after announcing plans to split into two separate companies next year.The Streaming & Studios company will include Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, and HBO Max, as well as their legendary film and television libraries.The second business, Global Networks, will include entertainment, sports and news television brands including CNN, TNT Sports in the US, Discovery and the Discovery+ streaming service and some free-to-air channels in Europe.David Zaslav, CEO of Warner Bros. Discovery, will lead Streaming & Studios. Gunnar Wiedenfels, the CFO, will CEO of Global Networks.Both will…