Amazon said it is disbursing $ 500 million in one-time worker bonuses this month as pressure continues to mount on the online shopping giant to do more to protect and pay workers during the coronavirus pandemic. The bonuses will pay between $ 150 for part-time employees at its Whole Foods …
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China said Tuesday that manufacturing activity expanded in June with the Purchasing Manager’s official index reaching 50.9. Economists polled by Reuters expected the official manufacturing PMI number to hit 50.4. PMI readings above 50 indicate expansion, while those below this level indicate contraction. In May, the official manufacturing PMI reached …
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Memory chip maker Micron Technology Inc. was saved by a boom in data centers, adding to the growth of chip makers as the pandemic forces more companies to expand their cloud computing capabilities. . On Monday, Micron MU, + 1.35% reported better than expected fiscal gains in the second quarter …
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The Popeyes chicken sandwich craze may be long gone, but the effects of the sandwich’s release are still being felt at the register, according to the head of the restaurant chain’s parent company. Jose Cil, the CEO of Restaurant Brands, told CNBC’s Jim Cramer on Monday that the chicken sandwich …
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The decision comes as several states are considering or reimplementing some coronavirus closure measures as cases increase in much of the country. The theater chain had planned to begin a multi-phase reopening on July 15, with the goal of being fully operational by July 24. Now, AMC (AMC) It will …
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