Costco Wholesale Corp. investors enjoyed a nice bounce Monday, after Raymond James suggested the rapid selloff in the wake of Amazon.com Inc.’s deal to buy Whole Foods Market Inc. created the best buying opportunity in no less than three years. The stock COST, +1.99% surged 2.1% in afternoon trade,…

Same-sex couples have been on a wedding bonanza. As of June 2017, over 1 million LGBT people in the U.S. are married to someone of the same sex, meaning there have been 547,000 same-sex marriages in the U.S. to date, up from around 491,000 a year ago, according to the Williams Institute for Sexual…

The Jeff Bezos empire is massive. It encompasses not just e-commerce, but also news organizations, robotics companies and coupon sites. Oh, and ever heard of Google, Airbnb or Uber? Jeff Bezos is an investor in those companies, too. Bezos is the third-richest person in the world, trailing only Bill…

Getty Images Bed Bath & Beyond says it’s fleet of about 1,500 stores is an asset for a variety of reasons Bed Bath & Beyond Inc. talked up the value of its more than 1,500 stores as an avenue for cutting advertising costs, but SunTrust Robinson Humphrey analysts think the lack of marketing spend…

How much are the wealthiest people in each state making? More than ever, a new report from Forbes found . Most of the people on the list were on it last year — and collectively, they’re worth $682 billion more than last year. Overall, the net worth of each person averages $14.4 billion in the 2017…

Benefits Just Another Day at the Office for Pets at Work There’s even a holiday recognizing the benefits of a pet at work — though some contend it may be something to sneeze at. June 22, 2017 by As soon as Norman enters the offices of Pandera Labs in downtown Chicago, he runs around and says hello…

In interviews with dozens of money managers, a consistent theme has been that during this bull market is it has been very difficult for any active strategy to beat a broad index. The bull market, which began in March 2009, has been driven in great part by the unprecedented period of low interest…

Working Well To Encourage Health, You Just Need a Little Nudge Let's recap some benefits takeaways from Day 2 of SHRM’s annual conference, where people from MetLife, Google and more shared their ideas. June 20, 2017 by Another day at the Society for Human Resource Management’s 2017 conference in New…

Editor's Notebook SHRM17: It’s All About #Cindy, Funerals and Shoes Weather.com is everyone's best friend at this year's SHRM conference as New Orleans girds for Tropical Storm #Cindy. June 20, 2017 by SHRM attendees are bracing for Tropical Storm Cindy. Walking through New Orleans’ Ernest N. Morial…

U.S. stocks were set for a slightly higher open on Tuesday, with the S&P and Dow on track to push further into record territory as technology shares continued to rebound from a recent selloff. A raft of Federal Reserve speakers were also being closely watched by investors for any hints of future…

John Mackey, the chief executive of Whole Foods Market Inc., sounded positively smitten Friday at a town hall meeting in which he told employees about the company’s pending acquisition by Amazon.com Inc. “It was actually mutual friends set us up on a blind date,” Mackey said, according to a…

Getty Images Amazon will offer Prime memberships that are suited to customer lifestyles, one expert said. Now that Amazon.com Inc. has announced it’s acquiring Whole Foods Market Inc., will there be a new Prime membership program, like Prime + Organic? Christian Magoon, CEO of Amplify ETF, thinks…

Workforce Benefits Are a Large, Important Part of Total Compensation On this first day of SHRM’s annual conference, the association released its annual benefits survey which comments on trends in the employee benefits space. June 19, 2017 by The view of New Orleans from the SHRM conference. The 2017…

Amazon.com Inc.’s plan to purchase of Whole Foods Market Inc. was met with investor giddiness on Friday. But often this early rush of excitement yields over time to a different kind of story: the one where the acquisition that looked good on paper just didn’t work out in the real world. Amazon AMZN,…

As Amazon.com Inc. gears up for a much bigger brick-and-mortar retail presence with its $13.7 billion deal for Whole Foods Market Inc. , it comes armed to fight the monster it created: online price comparisons. The practice of using a smartphone to check for better prices, mostly on Amazon AMZN,…

The spreading grip of the technology sector on the San Francisco Bay Area means the boom reaches to every service sector that well-paid techies consume. But what that really means is that when a tech boom becomes a bubble, it’s a real-estate bubble, a restaurant bubble, a luxury-vehicle bubble, even…

The Dow Jones Industrial Average on Friday notched its 21st record of 2017 led by a late-stage rise in energy shares, as Amazon announced plans to buy Whole Foods— one of the buzziest mergers of 2017. However, the tech-heavy Nasdaq Composite ended lower and booked a second-straight weekly loss,…

Facebook Inc. says it will use the sharing of data across its platforms, a move that has come under scrutiny from regulators and privacy advocates, to help fight against terrorism. As part of a Thursday report on combating terrorist activity , Facebook FB, -0.30% said it is using “cross-platform…

Immigration HR Rethinks H-1B Ahead of Expected Reforms Companies are reworking hiring strategies in advance of anticipated major changes to the controversial foreign worker visa program. June 15, 2017 by Business at Cornerstone OnDemand Inc., grew so fast in the last five years, the human resources…

A woman who was raped by an Uber driver in India is suing the ride-hailing company and three current and former executives, claiming they breached her privacy by obtaining and publicizing her medical records. The plaintiff, referred to as Jane Doe of Texas in a legal complaint filed Thursday in the…

Benefits, Wellness, Workforce Montana Schools Take a Hike to Better Health Employees of the state’s university system are three years into a program to improve their physical, mental and social well being. June 14, 2017 by The Montana University System was created by Neal Andrews and Cristin Stokes,…

The report issued Tuesday by a special committee hired by Uber Technologies Inc. to look at the ride-hailing company’s sexist, frat-boy culture only deals with the symptoms of a much bigger problem in Silicon Valley: The downside of absolute founder control. After the report was issued, Uber Chief…

The Argument Data Offers a Sturdy Foundation but Culture Is Your Recruiting Bedrock While a candidate is evaluating job responsibilities, benefits or even an offer, cultural fit is a critical piece of the puzzle. June 13, 2017 by Cultural fit is a critical piece of the puzzle when a candidate is…

The past two days in the stock market have been frightening for some investors, especially those who own the biggest tech giants, but the current decline was likely needed to readjust expectations that had advanced too far, too fast. The question investors must now face is, is this is a correction,…

The Argument Employers are Key to Reform in Our New Health Care World Given that employers are footing a big share of the health care bill, they have the opportunity to shape how the system evolves. June 12, 2017 by Health care reform remains on again, off again, on again … who knows. There is a lot…

Netflix Inc. has not been shy about flashing wads of cash to acquire TV series and films from some of Hollywood’s biggest names, but it’s drawing a line at burning cash on content it doesn’t think enough people watch. Netflix NFLX, -4.17% axed the sci-fi drama series “Sense8” on June 1 after two…

The selloff in technology stocks continued on Monday, with Asian markets following the declines in U.S. tech heavyweights Friday after months of sharp gains. Shares of Apple AAPL, -3.88% , Amazon AMZN, -3.16% , Alphabet GOOG, -3.41% and Facebook FB, -3.30% fell 3% on Friday as some analysts raised…

Uber Technologies Inc. Chief Business Officer Emil Michael is planning to resign as soon as Monday, a departure that would further worsen an already dire leadership problem at the ride-hailing firm, according to people familiar with matter. Uber’s board on Sunday was considering the future of…

Pop star Taylor Swift’s decision to put her music back on Spotify and other services was good news for the Swedish streaming-music service, but it’s also brought renewed attention to a long-running feud between Swift and rival Katy Perry. News reports said the timing of Swift’s announcement on…

In 1976, Fran Walfish saw Barbra Streisand at a screening of “A Star Is Born.” It was a moment she would not let pass her by. She gave her a giant hug and never wanted to let go. Walfish’s experience was in sharp contrast to a hug-that-never-was on the red carpet of the David Lynch Foundation’s…

Courtesy Everett Collection Is fear due for a comeback?. Wall Street’s so-called fear gauge bounced off a 23-year low on Friday as a selloff in tech stocks spooked investors. A steep drop in the Nasdaq Composite Index COMP, -1.80% triggered by selloffs in high-profile tech names, sparked volatility…

NEW DELHI — Amazon.com Inc. has a multimillion-dollar plan to dive into the online grocery business in India, as looser restrictions finally allow it to sell some products directly to consumers. New Delhi is set to give the online retail giant the green light to invest around $500 million over the…

While Uber Technologies Inc. wrestles with a string of controversies, the ride-hailing company is in advanced talks to acquire much of the engineering team from a struggling car-parking service, according to people familiar with the matter. Uber is discussing bringing on part of the engineering team…

Talent 10x Talent10x: What Makes a Company a Great Place to Work? This week's Talent10x features Ed Frauenheim from Great Place to Work. Frank, Ed and Workforce editor Rick Bell discuss culture, competitiveness and leadership. June 7, 2017 by Rick Bell joins Talent Economy’ s Frank Kalman this week…

Amazon AMZN, +0.70% may have just pulled in some new customers. The retailer announced this week it will offer its Prime membership, which gives consumers access to services including free shipping and Amazon-exclusive television shows, for $5.99 a month to consumers who are on government assistance…

Millennials are well known for their sense of adventure and exploration, so they have become crafty at creating “bleisure” trips, or combining business travel with leisure travel. According to a Chase Marriott Rewards Premier Business Credit Card Survey , 78% of millennials intentionally carved out…