Molly Smith

Government, Business

US Added 534,000 Jobs in November, ADP Data Show

US Added 534,000 Jobs in November, ADP Data Show Job seekers attend a Job News USA career fair in Louisville, Ky. (Luke Sharrett/Bloomberg)

U.S. companies added workers at a healthy clip in November, suggesting employers continue to chip away at filling a near-record number of open positions.

Molly Smith | Bloomberg News
December 1, 2021
Business

A Record 4.4 Million Americans Quit Their Jobs in September

A Record 4.4 Million Americans Quit Their Jobs in September The nation’s employment picture remains mixed as millions quit their jobs. (Jeff Chiu/Associated Press)

An unprecedented number of Americans quit their jobs in September, highlighting how persistent churn is undercutting employers’ efforts to fill a near-record level of vacancies.

Molly Smith | Bloomberg News
November 12, 2021
Government, Business, Logistics

GM Strike Seen Forcing Credit Firms to Mull Action

General Motors Brittany Greeson/Bloomberg News

The United Auto Workers union’s strike against General Motors Co. may force credit raters to take action and move the company closer to junk status, according to Bloomberg Intelligence.

Molly Smith | Bloomberg News
October 9, 2019
Business, Logistics

FedEx to Borrow $1.5 Billion for Contribution to Pension Plan After Tax Changes

Victor J. Blue/Bloomberg News

FedEx Corp. is borrowing $1.5 billion to fund a contribution to its pension plan that it announced after the passage of U.S. tax law changes.

Molly Smith | Bloomberg News
January 29, 2018