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Biden celebrates easing inflation figures, defends his financial insurance policies
U.S. President Joe Biden speaks about inflation at the White Home in Washington, December 13, 2022. Kevin Lamarque | Reuters President Joe Biden on Tuesday celebrated the beneficial purchaser selling price index report that showed inflation easing in the United States forward of the holiday break period. “We discovered last thirty day period that the […]
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Stellantis to indefinitely idle Jeep plant, lay off workers to cut costs for EVs
2016 Jeep Cherokee Sport Source: Jeep DETROIT – Stellantis said Friday that it plans to indefinitely idle a Jeep plant in Illinois, starting early next year, to cut costs as it invests in electric vehicles. The transatlantic automaker, formerly known as Fiat Chrysler, said the plant will cease production as of Feb. 28. The more […]
Read MoreHere’s a map of Starbucks stores that voted to unionize
A year ago, workers at a Starbucks store in Buffalo, New York, voted to unionize, a first for the chain. The union win at the Elmwood Avenue location has since spurred more than 300 of the chain’s cafes to follow suit with their own petitions for union elections and inspired workers at Chipotle Mexican Grill, […]
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SpaceX, Tesla, and Uninteresting Enterprise execs are assisting Elon Musk at Twitter, data expose
Elon Musk led a $44 billion acquisition of Twitter and appointed himself CEO there in late October. Ever considering the fact that, he has enlisted high-position executives and engineers from his other companies, which include SpaceX, Tesla and The Uninteresting Enterprise, to aid out at the social media firm, according to interior data attained by […]
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Long Covid is distorting the labor market — and that’s bad for the U.S. economy
Charlotte Hultquist Charlotte Hultquist Weeks after Charlotte Hultquist got Covid-19 in November 2020, she developed a severe pain in her right ear. “It felt like someone was sticking a knife in [it],” said Hultquist, a single mother of five who lives in Hartford, Vermont. The 41-year-old is one of millions of Americans who have long […]
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Long Covid’s financial devastation: $8,000 in credit card debt, ruined retirement plans
Teresa Harding Source: Teresa Harding It took three months for Teresa Harding to open her termination letter. “I couldn’t look at it,” Harding, 47, said. For seven years, she’d worked at a pain management center in Lexington, Kentucky. “I enjoyed my co-workers and our patients. “It was a fun, exciting job,” she added. But after […]
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Biden releasing approximately $36 billion to help pensions of union workers
Previous U.S. Vice President Joe Biden, 2020 Democratic presidential candidate, speaks at the Teamsters Local 249 hall all through a marketing campaign stop in Pittsburgh, Pennsylvania, U.S., on Monday, April 29, 2019. Justin Merriman | Bloomberg | Getty Pictures President Joe Biden on Thursday is announcing the infusion of approximately $36 billion to shore up […]
Read MoreTech’s pandemic selecting increase carries on to bust as fintech Plaid adds to mounting layoffs
Zach Perret, CEO and co-founder of Plaid, speaks for the duration of the Silicon Slopes Tech Summit in Salt Lake Metropolis, Utah, U.S., on Jan. 31, 2020. George Frey | Bloomberg via Getty Images Fintech organization Plaid is laying off about 260 personnel, introducing to a the latest wave of cuts from non-public tech companies. […]
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BuzzFeed to cut 12% of its workforce
The BuzzFeed website on a smartphone arranged in Hastings-on-Hudson, New York, on Monday, Dec. 6, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images BuzzFeed on Tuesday announced plans to cut its workforce by nearly 12%, or around 180 staffers. The digital media company said the decision to lay off staff comes in response to challenging […]
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