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More than 40,000 bicycle helmets sold at Walmart are being recalled by the U.S. Consumer Product Safety Commission because they violate federal safety standards and pose a "serious risk of injury or death" from head injuries.Todson Inc., a bicycle wholesaler in Massachusetts, is recalling 40,245 Concord-branded 360 Degree Rechargeable Light-Up bike helmets after federal safety officials said the helmets failed to comply with mandatory retention system and positional stability requirements. "The […]

Layoffs eased in February as new data showed that U.S. employers announced fewer job cuts last month after they were elevated to start the year, new data shows.U.S. employers announced 48,307 job cuts in February, according to a report by global outplacement and executive coaching firm Challenger, Gray & Christmas. That figure is down 55% from the 108,435 job cuts announced in January, while it's also down 72% from the 172,017 […]

Amazon is continuing its workforce reductions, cutting at least 100 white-collar jobs in its robotics unit this week, according to a new report.The affected division designs robots and other automation systems used primarily in Amazon warehouses, two people familiar with the matter told Reuters."We regularly review our organizations to make sure teams are best set up to innovate and deliver for our customers," Amazon said in a statement, without specifying […]