Brief drop in mortgage rates causes sudden surge in refinancing

A real estate agent is showing a home to a potential buyer in Miami. Getty Images A brief drop in mortgage rates, due to the first news of the omicron variable, caused the demand for mortgage refinancing to rise significantly last week. But it is likely to be short-lived. The rate decrease was not significant … Read more

3 themes to watch at CVS’ investor day

People walk past a CVS pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters Covid tests and vaccines have drawn customers to CVS Health stores during the pandemic. On Thursday, the company will show investors how it plans to use other healthcare services to bring them back. The pharmacy chain … Read more

Beyond Meat taps Tyson Foods veterans as it prepares for fast-food growth next year

Packages of Beyond Meat vegan burger patties are on sale. Paul Young | Bloomberg via Getty Images Beyond Meat has stolen two industry veterans from Tyson Foods for executive positions as it prepares for its high-profile launch next year. Doug Ramsay will take over as Chief Operating Officer. He spent three decades at Tyson, where … Read more

Coinbase customers demand refunds over GYEN stablecoin glitch

Cryptocurrency exchange Coinbase is pictured on an iPhone screen on February 12, 2018. Chesnot | Getty Images Angry Coinbase users launched an online campaign demanding a cryptocurrency exchange recoup its losses after a technical problem led the company to freeze accounts for weeks, potentially leading to huge losses for many customers. Coinbase told clients that … Read more

Starbucks workers in Buffalo to decide whether to form a union

People walk past Starbucks in Buffalo, New York, December 7, 2021. Lindsay Didario | Reuters Starbucks workers at three coffee shops in Buffalo, New York, voted this week on whether to form a union, an option that could have far-reaching implications for the coffee giant and the broader restaurant industry. Voting by mail ends on … Read more