EL DORADO, Ark. — In a statement released Wednesday, Murphy Oil announced they would be closing their headquarters in El Dorado that employed 80 people. The company listed the “extraordinary drop in crude oil prices,” for the closure not only here in …
See Original Article

LAS VEGAS – Wynn Resorts is extending full-time pay for more than 15,000 salaried, hourly and part-time employees through May 31. The extension increases to total number of fully-paid closure days to 75 – an investment of close to $250 million for the …
See Original Article

BuzzFeed plans to furlough 68 employees as part of broader cost-cutting measures, according to a memo from CEO Jonah Peretti that was shared earlier by Variety. We’ve also obtained a copy of the memo, in which Peretti said the furloughs will affect the …
See Original Article

… a similar impact on the economy and society as a whole as the Great Depression, the billionaire real estate guru said on a Bloomberg TV interview.
See Original Article

TORONTO – Manulife Financial Corp. says its net income attributable to shareholders tumbled to $1.3 billion in the first quarter, down $900 million from the same period the year before. The Toronto-based insurer earned 64 cents per diluted share for the three …
See Original Article