The minimum wage is roaring back.

President Joe Biden may have failed to drive through Congress an increase in the federal wage floor, which remains stuck at $7.25. But last month, Connecticut, Nevada and Oregon raised their minimums alongside Washington D.C. and a handful of other cities. Twenty-one states raised their minimum wages at the ...Read more

Groupon is laying off 500 employees, or nearly 15% of its global workforce, as the struggling Chicago-based online marketplace seeks to cut costs amid falling revenues.

The total includes 293 positions associated with the headquarters at 600 W. Chicago Ave., although many employees are working remotely, Groupon spokesman Nick Halliwell said ...Read more

Southern California drivers are getting more relief at the gas pump, with the average cost of a gallon of regular gas in Los Angeles County slipping below $5.50.

Gas prices have fallen from recent record highs nationwide because oil prices and gasoline demand have declined and gasoline supplies have increased, analysts said. But oil and ...Read more

When Revival Hotel in Baltimore's Mount Vernon neighborhood began to take on squeegee workers through a city employment program, the staff decided to invite the apprentices to play basketball on Sundays.

The games had started recently as “Over the Hill Hoops,” an excuse for members of the staff in their 40s and older to play at a court near...Read more

Renee Kuykendall woke up at 4 a.m. to prepare for the arrival of her first client. She won't be done with her last client of the day until 11 p.m.

In her home in Antelope, just outside of Sacramento, she makes enough eggs, sausage, grits and toast for 13 people, to be served at 7 a.m. She checks on the frogs in the fish tank — a crowd ...Read more

Republican Federal Trade Commissioner Noah Phillips said he plans to step down this fall, which will hand an even bigger majority to progressive Chair Lina Khan to advance her agenda.

Phillips told the agency last week about his plan to leave, a move that may require him to recuse himself from some cases.

“This fall is the right time for me...Read more

The siren call of digital media startups is hard to resist, even in a market as rocky as this one.

That was illustrated sharply on Monday by the premium price that Cox Enterprises, owner of the Atlanta Journal-Constitution, agreed to pay to buy the prominent startup Axios. The $525 million headline valuation that Cox is putting on the five-year...Read more

Consumers in Illinois and other states are suing health insurance giant Centene and its Chicago-based subsidiary Celtic Insurance Co., alleging the insurers defrauded them by overcharging them for plans that didn’t deliver the benefits they promised.

Six consumers, including two in Illinois, are seeking class-action status for the lawsuit, ...Read more

UPS announced plans to acquire Italian-based health care logistics firm Bomi Group to expand the reach of its health unit globally.

Through the acquisition, UPS said it will gain temperature-controlled facilities in 14 countries, 350 temperature-controlled vehicles and nearly 3,000 employees in Europe and Latin America.

Kate Gutmann, president...Read more

Shares of Warner Bros. Discovery sank Friday after the media and entertainment giant reported disappointing earnings and lowered profit projections for the recently combined company.

The New York-based company’s stock fell $2.73, or 16%, to $14.74 a share as Wall Street gave a cool response to the company’s second-quarter results, in the ...Read more