$53M Upgrade Expands Milk-Bone Production Plant, Adds Jobs in Buffalo, NY
Governor Kathy Hochul announced construction is underway on a $53 million renovation of The J.M. Smucker Co.’s Milk-Bone manufacturing plant on Buffalo’s East Side. The investment will upgrade equipment, expand capacity, and add 17 jobs to the 280 already at the...
Three Wisconsin Companies Announce 93 Job Cuts in August
Wisconsin saw three companies announcing job cuts in August, affecting 93 workers. ZeniMax Media is laying off 39 employees in Madison, Equiniti Trust is cutting 4 in Milwaukee, and Renewed Hope Home Care is closing a facility with 50 layoffs. The job reductions will...
Bank of America Poll Shows Growing Financial Anxiety Among U.S. Workers
U.S. workers are growing more anxious about debt and financial security, according to a Bank of America survey. Only 47% reported feeling financially well, down from 52% earlier this year, while 85% carried some form of personal debt. A growing number of employees are...
Oil Giant ConocoPhillips to Cut Up to 3,250 Jobs in Major Restructuring
ConocoPhillips plans to cut 20–25% of its workforce, potentially eliminating up to 3,250 jobs as part of a major restructuring. The Houston-based oil giant said the move is tied to its cost-cutting initiative, which aims to save $1 billion by 2026 amid falling oil...
Google Expands Virginia Footprint With $9B AI and Cloud Investment
Google is committing $9 billion through 2026 to expand its AI and cloud infrastructure in Virginia. The investment includes a massive new data center near Richmond and expanded campuses in Loudoun and Prince William Counties. The company is pairing the project with...
Hitachi Energy Launches $1B U.S. Grid Investment, $457M Virginia Plant
Hitachi Energy announced a historic $1 billion investment to expand U.S. electrical grid infrastructure, including $457 million for a new large power transformer facility in South Boston, Virginia. The project will create more than 825 jobs in Virginia and support...
PSA Airlines to Cut 157 Jobs in Ohio HQ Relocation
PSA Airlines will lay off 157 employees as it relocates its headquarters from Vandalia, Ohio, to Charlotte, North Carolina. The phased layoffs will occur between October 2025 and April 2027, with the new headquarters expected to open in January 2026. About 350...
UBS Flags 93% U.S. Recession Risk in Hard Data
UBS warns the U.S. economy is showing a 93% recession risk in its “hard data", though it stops short of formally forecasting a downturn. The bank instead expects “soggy growth,” with an aggregate recession probability of 52% when factoring in credit markets and the...
Ohio OKs Four Expansions to Bring $287M Investment and 233 New Jobs
Ohio leaders approved four major business expansions that will drive more than $287 million in investments across the state. The projects are expected to create 233 new jobs and retain nearly 600 others, generating over $20 million in new payroll. Expansions include...
Amkor Relocates $2B Semiconductor Plant to Larger Peoria, Arizona Site
Amkor will relocate its planned $2 billion semiconductor packaging and testing facility within Peoria to a 104-acre site near Loop 303 and Lake Pleasant Parkway, with construction beginning this September. The project, expected to create 2,000 jobs, was moved from a...