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Business News Headlines

Low pay, no bonus: U.S. retailers struggle with hiring

U.S. retailers are finding it increasingly difficult to hire employees for stores and for middle and higher management as low pay and a feeling of uncertainty clouds the industry following a spate of bankruptcies and store closures.

GE's quarterly revenue rises 14.4 percent

General Electric Co on Friday reported a 14.4 percent rise in revenue, aided by the acquisition of oilfield services provider Baker Hughes , but profit fell in the quarter.

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Obamacare whiplash leaves states, insurers with dueling price plans

NEW YORK President Donald Trump's reversals in the past week on maintaining Obamacare subsidies to insurers are sowing new confusion over what kind of health insurance will be available to consumers, and at what price, when enrollment for 2018 begins in two weeks.