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PepsiCo, Intel, Philips and more

Check out the companies making headlines before the bell: PepsiCo (PEP) – The snack and beverage maker reported an adjusted quarterly profit of $1.97 per share, 13 cents above estimates, with revenue also topping forecasts. PepsiCo was able to successfully raise prices on its products and raised its guidance for …

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These 7 cereals do not qualify

Food products regulated by the U.S. Food and Drug Administration must now meet certain criteria to be labeled as “healthy,” following a new rule proposed by the agency on September 28. And many popular cereals, including ones you may believe to be healthy, wouldn’t fit under that label. In order …

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Amazon workers in Southern California file for a union election

Workers stand in line to cast ballots for a union election at Amazon’s JFK8 distribution center, in the Staten Island borough of New York City, U.S. March 25, 2022. Brendan Mcdermid | Reuters Amazon workers at a warehouse in Southern California have filed a petition to form a union with …

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Independent contractors may feel impact of new White House labor rule

Rudi_suardi | E+ | Getty Images The Biden administration will soon issue a rule that may make it easier for workers to be considered “employees” instead of “independent contractors.” The U.S. Department of Labor issued a notice of proposed rulemaking on Tuesday, signaling its intent to issue a formal regulation …

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Hurricane Ian damaged 358,000 vehicles. How to avoid buying one

Vehicles float in the water on Sept. 29 in Bonita Springs, Florida, after Hurricane Ian. Sean Rayford | Getty Images If you’re planning to shop for a used car in the next few months, be sure to check for flood damage before signing on the dotted line. In the wake …

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Mark Zuckerberg debuts Meta Quest Pro VR headset that will cost $1,500

Mark Zuckerberg, chief executive officer and founder of Facebook Inc., demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg said on Tuesday that his company’s newest virtual reality headset, dubbed the Meta Quest Pro, will …

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Help! My employee blocked me on Instagram

Dear Work It Out, So I found out my employee blocked me on Instagram yet followed me on LinkedIn. I think I get it, but make me feel better about it? Blocked * Dear Blocked, Here’s something I feel pretty strongly about: With very few exceptions, bosses should not follow …

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Lower your 2022 tax bill with the best year-end tax strategies

Tetra Images | Tetra images | Getty Images After several months of soaring inflation, stock market volatility and interest rate hikes, many investors are feeling weary about their finances.  But the prolonged stock market downturn offers a silver lining for some investors: opportunities to reduce their tax bill. Here are …

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Bitcoin holds steady at $19,000 amid growing signs of institutional adoption

A visual representation of the cryptocurrency Bitcoin on December 12, 2017 in London, England. Jordan Mansfield | Getty Images Bitcoin on Tuesday floated at the $19,000 level, where it has remained for about a month with some momentary breaks. The largest cryptocurrency by market cap, whose volatility has been uncharacteristically …

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Uber, Doordash plunge as Labor Dept proposes gig worker change

Uber CEO Dara Khosrowshahi is interviewed on the trading floor at the New York Stock Exchange (NYSE) in New York, August 2, 2022. Andrew Kelly | Reuters The Biden Labor Department released a proposal Tuesday that could pave the way for regulators and courts to reclassify gig workers as employees …

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