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  • What to watch in the markets: Friday, July 21

    Here's a look ahead at what will be making headlines Friday, July 21.

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  • Layoffs begin at Carrier plant that drew Trump's criticism
    Business
    Associated Press9 hours ago

    Layoffs begin at Carrier plant that drew Trump's criticism

    More than 300 Carrier Corp. workers were being laid off Thursday from the company's Indianapolis factory as part of an outsourcing of jobs to Mexico that drew criticism last year from then-presidential candidate Donald Trump. The nearly 340 workers clocked out after their final shifts at Carrier's gas furnace factory. Carrier announced in February 2016 that it would close the Indianapolis plant and cut about 1,400 production jobs in a move expected to save $65 million annually by moving furnace production to Mexico.

  • Starbucks Has a Disturbing Problem: Even Its Cheerleaders Must Admit This Is a Major Issue
    Business
    The Street10 hours ago

    Starbucks Has a Disturbing Problem: Even Its Cheerleaders Must Admit This Is a Major Issue

    If you listen to Starbucks (SBUX) execs, then everything at the coffee giant is amazing.  Do some work in Microsoft (MSFT) Excel (as the analysts at Credit Suisse did below on Wednesday), and a glaring issue comes to light. That is, for all its digital leadership and ability to crank out new, more expensive drinks, Starbucks sales are on a long-term downtrend. Seeing as employee hourly wages and benefit costs are on the rise, as are costs to open new locations, a stubborn downtrend in sales is very unwelcome. It's especially unwelcome as most on Wall Street remain obsessed with Starbucks' growth prospects -- they could be in for some unfortunate surprises on the bottom line over the next year

  • 5 illegal job interview questions (and what to do if you’re asked one)
    News
    CNBC.comyesterday

    5 illegal job interview questions (and what to do if you’re asked one)

    In my four years as a communication student, the class that still stands out to me as one of the most valuable was my interviewing class. This class wasn't just about preparing students to go on the inevitable grownup job interviews we'd be headed out on as we crept towards graduation – it also gave us a lot of valuable information on how to conduct interviews. Interviewing people isn't something I ever saw myself doing, and to be fair, the only time I've ever conducted an employment interview was while searching for a dog-sitter for my puppy. (And to be really fair, my only real questions were "Will you let my dog out?" and "What do you charge?") But knowing how to effectively and properly interview