Banner Health, Arizona's largest health system, to implement pay cuts and furloughs

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Banner Health, Arizona's largest health system, to implement pay cuts and furloughs

Phoenix-based Banner Health, which is Arizona’s largest private employer, will impose “short-term” furloughs and pay cuts for some employees, company officials confirmed Monday. Other major hospitals and hospital systems have announced similar …
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Why Shares of Rite Aid Surged 18% Today

As of 3:35 p.m. on Monday, shares of Rite Aid (NYSE:RAD) had traded up as much as 17.6%. While investors have been concerned with the company’s long-term prospects for much of the last year, they cheered the news that Rite Aid is expanding the …
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Ally earnings hard-hit by coronavirus crisis

Ally Financial Inc., one of the largest U.S. auto lenders, posted a net loss in first quarter 2020 due to a worsening economy and measures the lender took to insulate itself from credit losses. Detroit-based Ally posted a net loss of $319 million in first quarter …
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Majority of young Americans say climate change affects their major life decisions

Seventy-five percent of Gen Zers and 77 percent of millennials said climate change has affected their major life decisions, according to new research. The survey of 2,000 Americans, split evenly by four generations, revealed 78 percent of Gen Zers aren’t …
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Self-storage tenants are getting some rent relief, too

Some self-storage companies across Los Angeles County have halted evictions and rent hikes on their customers amid the coronavirus pandemic. But local measures aimed at protecting residential and commercial tenants from evictions appear to give …
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