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Business

Sunrun CEO Sees Need For Rooftop Solar

NEW YORK — As the head of the nation’s largest rooftop solar installer, Mary Powell has a stake in the recently passed Inflation Reduction Act, which includes tax credits to make rooftop solar more affordable. But the CEO of Sunrun’s excitement about the bill’s passage goes beyond ...

City New Flyer Workers Unionize

Workers at the New Flyer bus manufacturing facility in Jamestown have formed a union with IUE-CWA, the manufacturing division of the Communications Workers of America (CWA). The Federal Mediation and Conciliation Service verified that a majority of the workers signed union representation ...

Target Takes Second Quarter Hit After Heavy Discounts To Clear Inventory

NEW YORK — Target reported solid sales for the fiscal second quarter but its profit plunged nearly 90% after it was forced to slash prices to clear unwanted inventories of clothing, home goods and electronics. In early June, Target warned that it was canceling orders from suppliers and ...

Hot Dogs Vs. Deli Meat: Rising Costs Shape Choices At Walmart

NEW YORK — With inflation hovering near levels not seen in 40 years, higher-income Americans turned to Walmart to cut costs on groceries while its lower-income customers swapped out deli meats for less expensive hot dogs and canned tuna. That boosted sales for Walmart in the second quarter, ...

Don’t Bank On Business To Pay For Retirement

Retirement can loom like a dark cloud for small-business owners. Many invest blood, sweat and tears — and every penny — into building their business but never set cash aside for the future. A huge number of entrepreneurs have reported putting aside no retirement savings at all. For some, ...

ByHeart CEO Talks Formula Launch

WASHINGTON — The co-founders of baby formula startup ByHeart began working on their product long before the current shortage that’s rattled many American parents. It took Ron Belldegrun and his sister Mia Funt six years to research, test and win regulatory approval for their company’s ...