Biz Breakdown: Fewer Private Jobs, FTC Seeks to Block Microsoft-Activision Deal, McDonald's Expanding
A new report said the private sector added 103,000 jobs in November while refinance applications climb as mortgage rates dip. Plus, the FTC is once again looking to block the Microsoft-Activision deal and McDonald's is looking to buy 10,000 new locations by 2027.
The nation's employers added 187,000 jobs in August, evidence of a slowing but still-resilient labor market despite the high interest rates the Federal Reserve has imposed.
Walgreens Boots CEO Rosalind Brewer has stepped down after less than three years at the helm of the drug store chain that is undergoing a sizeable transformation, one that has come at a cost.