The case of Panera Bread shows just how deep the employee turnover issue is for restaurant companies. Panera loses close to 100% of workers every year, and by fast-food industry standards that’s considered good.
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Dow jumps 300 points after China says it’s opposed to further escalation in trade war
The Dow Jones industrial average jumped more than 300 points Thursday after Beijing said it wasn’t looking to escalate the U.S.-China trade war any further, just days after back-to-back retaliatory tariffs brought the conflict to a boiling point.
Read More »Initial phase for Jaindl resort approved at former Mary Immaculate Center in Lehigh Township
David Jaindl has received approval from Lehigh Township for the first phase of development of Lehigh Valley Resort and Spa on the site of the former Mary Immaculate Center.
Read More »OxyContin maker offers up to $12B to settle more than 2,000 opioid claims
Purdue Pharma and members of the multi-billionaire Sackler family, who own the company that makes the prescription painkiller OxyContin, have offered to settle more than 2,000 lawsuits from U.S. states and cities for between $10 billion and $12 billion.
Read More »Apparel retailer Forever 21 weighs bankruptcy filing
Apparel retailer Forever 21 is considering filing for bankruptcy as efforts to restructure its debt run dry, a person familiar with the situation told CNBC.
Read More »Here’s what Trader Joe’s is looking for in a new location, and why it’s not (yet) in the Lehigh Valley
A Facebook group and a MoveOn petition have amassed followings in an attempt to draw Trader Joe's to the Lehigh Valley. But it takes more than a petition to attract Trader Joe’s, a much-desired privately held company that doesn’t typically discuss its business strategy. The Morning Call talked to several national and local retail experts, who described Trader Joe’s as a chain that hits its numbers and doesn’t sacrifice its famed culture as it expands.
Read More »Proactive workplace policies needed to address gender preferences
In a sign of the times, many employers are enacting workplace policies to address gender issues and show respect to people who may want to be called by names and pronouns that reflect their gender identities rather than their biological characteristics at birth.
Read More »Dow rallies on trade optimism
The Dow and the broader stock market rose Monday, reversing course from Friday's selloff after President Donald Trump said China wants to get back to the negotiating table.
Read More »KFC will soon be serving vegan fried chicken — with Beyond Meat’s help
Colonel Sanders will soon be serving vegan fried chicken to see if customers think it’s finger lickin’ good.
Read More »MAP: How much teachers are paid in every Pennsylvania school district
The Morning Call gathered information from the Census Bureau to determine how the median salary for a full-time classroom teacher compares to the median salary for a full-time worker with a bachelor’s degree or higher living within the district.
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