The deadline for the Labor Department to seek to overturn an appeals court decision vacating its fiduciary rule passed last week without the department taking action. The Securities and Exchange Commission is working on its own "best-interest" regulation governing financial advice for retirement savers.
HR has come under intense scrutiny over the past year, with the spike in allegations of sexual harassment, said Johnny C. Taylor Jr., CEO of the Society for Human Resource Management, in remarks during the general session at this year's SHRM show and conference. Taylor detailed three priorities for HR organizations, including building inclusive workplace cultures.
Accidents, natural disasters and hackers can dismantle schools' networks and destroy valuable data. This article showcases how several school districts responded to network failures and steps they took to get back up and running.
Germany's Bayer has completed an offering of $15 billion in US dollar-denominated bonds divided into eight tranches ranging from three to 30 years to fund its acquisition of Monsanto, sources said. The sale is expected to be followed by a €5 billion offering in four tranches.
Wegmans and Publix were named consumers' favorite grocers in a survey by Market Force Information. Wegmans took the top spot for the third straight year, followed by Publix, Trader Joe's, ALDI and H.E. Butt Grocery.
Phishing attacks are one of the most common cyberattacks, and many consumers are unaware of one simple trick they can use to bolster their security against them. Changing the Domain Name System of a computer that's automatically set takes just a few clicks and is an easy trick to help safeguard against attacks.
Pinterest has introduced a creative dimension to its Marketing Partners program, with seven new companies onboard: Popular Pays, QuickFrame, Shutterstock Custom, Social Native, The Online Studio, Vidmob and Vidsy. The company reports that the new partnerships will enable advertisers to gain help in creating Pins from over 10,000 creatives.
The 16-foot fiberglass statue of Toys R Us mascot Geoffrey the Giraffe that stood in the lobby of the retailer's headquarters will have a new home at Bristol-Myers Squibb Children's Hospital in New Brunswick, N.J. Liquidation adviser Joseph Malfitano paid an unspecified fee to buy the statue and will spend $10,000 to ship it to the hospital.
Apple has announced a partnership with Oprah Winfrey to create programming for its upcoming subscription video service. The company said Winfrey was brought onboard to "create original programs that embrace her incomparable ability to connect with audiences around the world."
House lawmakers passed 38 bills aimed at combating the opioid abuse epidemic last week, including measures that would give NIH more authority to study nonaddictive painkillers and prevent opioid smuggling through international mail. The House this week expects to pass at least another 19 opioid measures and a legislative vehicle that would wrap in all of the opioid bills passed by the chamber, with the goal of sending the bills to the Senate by August.
Comcast's purchase of 21st Century Fox assets could result in a tax bill for Fox's Murdoch family totaling more than $4 billion, whereas an all-stock deal with Disney would be tax-free, tax experts say. Fox has scheduled a board meeting Wednesday to further discuss whether to move forward with Comcast's $65 billion bid.
The Bureau of Labor Statistics says the construction industry is trying to fill 225,000 construction jobs each month due to an inadequate labor force. "Among the contractors expressing concern about worker skill levels, more than one-third (37 percent) believe the problem has worsened in the last six months, and almost half (47 percent) believe it will continue to worsen in the next six months," a new report says.
Oil production likely won't begin in the Arctic National Wildlife Refuge in Alaska until after 2030. The Energy Information Administration said companies will need time to acquire leases, look for oil and build infrastructure in the refuge, which may offer 5.7 billion to 16 billion barrels of oil in the coastal plain.
UPS is upgrading the avionics systems on 137 Boeing 757 and 767 freighters and 52 Airbus A300s, a process expected to take two and a half years. "This will allow us to be able to configure the aircraft to continue flying at least another 20, perhaps 30 years," says Christian Kast, UPS advanced flight manager.
Hard Rock Hotels is investing heavily in its four Florida properties, including the Daytona Beach location which held its grand opening May 1. Highlights include ongoing construction of a 15-story hotel tower at the Seminole Hard Rock & Casino in Tampa and a guitar-shaped tower at the Seminole Hard Rock Hotel & Casino in Hollywood.