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Red-hot summer job market awaits US teens as employers sweat

WASHINGTON — Mary Jane Riva, CEO of the Pizza Factory, has a cautionary message for her customers this summer: Prepare to wait longer for your Hawaiian pie or calzone. The Pizza Factory’s 100 West Coast locations are desperately short of workers. With about 12 employees per store, they’re barely half-staffed — just when many more Americans are venturing out to restaurant chains like hers. “The days of 15-minute orders,” Riva said, “may not be happening anymore.” Talk to other employers in America’s vast hospitality sector — hotels, restaurants, public pools, ice ...

Housekeepers struggle as US hotels ditch daily room cleaning

HONOLULU — After guests checked out of a corner room at the Hilton Hawaiian Village resort on Waikiki beach, housekeeper Luz Espejo collected enough trash, some strewn under beds, to stuff seven large garbage bags. She stripped the linens from the beds, wiped built-up dust off furniture ...

Retailers’ troubles sound alarm for economy

NEW YORK — The fastest inflation in 40 years squeezed retailers during the first quarter, alarming investors worried about the broader economy's outlook. Earnings reports from Walmart, Target and Amazon this month showed higher costs are hurting retailers' operations. While profits for all companies in the benchmark S&P 500 index grew by about 9% last quarter, retailers' profits contracted more than 30% from a year ago. They blamed rising costs for raw materials, shipping and labor for the slump. The weak results surprised investors who were closely watching the sector to see ...

Hudock named among America’s top financial advisors

Barron’s and Forbes again recognized Barbara B. Hudock, CEO and founding partner of Hudock Capital Group, among the highest ranked financial advisors in Pennsylvania and America. In March, Barron’s included Hudock in its 2022 list of America’s Top 1,200 Financial Advisors, including ...

Kohl’s cuts annual forecast after inflation hit

NEW YORK — Kohl's Corp. cut its annual earnings and sales forecast, as the department store chain joins a string of retailers stung with soaring inflation. The reduction, announced Thursday, came as it reported fiscal first-quarter results that came below analysts' expectations. Sales at stores opened at least year, a key measure, dropped 5.2% as shoppers scrutinized their purchases. Like many department stores, Kohl's had struggled before the pandemic, but the health crisis wielded a big blow to sales. The company's business was rebounding as customers were going out to social ...