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  • Reuters

    UPDATE 1-Legal cannabis poses a quandary for US companies screening staff for drugs

    Workers at Wyatt Bassett's furniture factory in Virginia use powerful tools to churn out the company's trademark dressers and headboards, so screening new hires for drugs is a no-brainer. Virginia last year fully legalized marijuana — the first state in the South to do so. The upshot is that "being positive for cannabis does not necessarily disqualify you for employment," said Bassett, CEO of Vaughan-Bassett Furniture Co., which has 575 employees.

  • Reuters

    Levi Strauss cuts 2022 profit forecast on inflationary pressures, strong dollar

    Levi Strauss & Co cut its full-year profit forecast on Thursday, as decades-year high inflation hits consumer spending and a strengthening U.S. dollar adds to worries alongside higher costs. Consumers are increasingly prioritizing their spending on essentials and shifting focus away from higher-priced products and clothes due to high inflation, affecting Levi's and other apparel makers such as Abercrombie & Fitch Co and Gap Inc. The jeans maker, which has been battling supply chain disruptions since the pandemic began and now further strained due to the Russia-Ukraine war, has been raising prices of its denims as Levi's aims to battle rising costs.

  • The Wall Street Journal

    Russian Men Flee to Alaska Across Bering Strait to Escape Draft for War in Ukraine

    A pair of Russian nationals arrived by boat on a remote Alaskan island to seek asylum in the U.S., federal authorities said.