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Amazon asks corporate staff to be in offices 3 days a week

NEW YORK (AP) — Amazon will require its corporate employees to return to the office at least three days a week. CEO Andy Jassy announced the policy Friday in a memo to staff. It marks a shift from Amazon’s current policy of allowing leaders to determine how their teams worked. The change will go into effect May 1. Many companies have been calling their employees back to the office after the COVID-19 pandemic forced them to operate virtually. Last month, Starbucks told its corporate employees to plan to work from the office three days a week. Disney is asking employees to plan ...

Wall Street closes another bumpy week with a mixed finish

NEW YORK (AP) — Wall Street closed another bumpy week with a mixed performance on Friday amid worries that inflation is not cooling as quickly or as smoothly as hoped. The S&P fell 0.3% after paring a bigger loss from the morning. The Dow Jones Industrial Average rose 129 points, or 0.4%, after coming back from an early loss of 179 points, while the Nasdaq composite fell 0.6%. Stocks have hit turbulence in February after shooting higher in January with hopes that cooling inflation could get the Federal Reserve to take it easier on interest rates and that the economy could avoid a ...

Wealth fund becomes biggest outside Nintendo investor

DUBAI, United Arab Emirates (AP) — A Saudi sovereign wealth fund now holds 8.26% of the stock in the video game maker Nintendo, making it the largest outside investor in the Japanese gaming outfit, a company filing said Friday. The investment comes as part of efforts by the kingdom’s Public Investment Fund to diversify Saudi Arabia’s economy away from oil, including billions already spent on video game firms. The fund has been a major component in the plans of Saudi Crown Prince Mohammed bin Salman, himself said to be an avid gamer. The Public Investment Fund declined to ...

Bank announces dividend notice

BURNHAM — The Board of Directors of the First Community Financial Corporation, the parent company of Pennian Bank, declared a quarterly regular cash dividend of $0.16 per share. The cash dividends will be paid on March 24, 2023 to shareholders of record on March 17, 2023.

Six things new business owners might forget to do

Newswire.com iQuanti: Starting a new business is an exciting time full of possibilities and challenges. Creating a business for the first time means you must be prepared for a range of opportunities, struggles, and questions, some of which might not be obvious from the start. Some strategic planning can ready you for any obstacles you may face, and let you focus on running and growing the business right away. Have a plan Having an idea to start a business is often the easiest part; knowing how to turn that idea into a profitable enterprise can be much trickier. Creating a business ...

4 ways to build your savings

Newswire.com iQuanti: Just because inflation is high and the economy is cloudy doesn’t mean that you have to let this negatively impact your financial well-being. Here are four great ways that you can build up your savings and grow your way to financial independence. 1. Automate your contributions Pre-arranging a portion of your income to be contributed into a special savings account is one of the easiest and surest ways to save more over time. For many working Americans, this can easily be accomplished by enrolling in a workplace retirement plan such as a 401(k), 403(b), or ...