Despite layoffs in the tech industry, Walmart recently announced it would increase hourly employee pay again. This move highlights the continued tightness of the front-line labour market. The retail behemoth, which is the largest private employer in the United States, revealed on Tuesday that it is boosting the minimum wage for store employees to $14 […]
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What Is the Average Social Security Benefit at Age 62?
Your retirement benefit amount depends on how much you’ve earned over your lifetime at jobs for which you paid Social Security taxes — and the age at which you claim. You can claim Social Security benefits as early as age 62, but you’ll only receive your full benefit amount if you wait to claim until […]
Continue ReadingGetty Images Sues AI Art Generator
Getty Images announced it’s suing Stability AI, makers of the AI art tool Stable Diffusion, over alleged copyright violations. “It is Getty Images’ position that Stability AI unlawfully copied and processed millions of images protected by copyright and the associated metadata owned or represented by Getty Images absent a license to benefit Stability AI’s commercial […]
Continue ReadingParty City Files For Bankruptcy
Party City files for bankruptcy with plans to restructure mounting debt Retailer Party City has filed for Chapter 11 bankruptcy protection, toppled by a heavy debt load. Party City has secured a $150 million bankruptcy loan and will seek approval to use half of those funds to immediately pay wages and vendors, among other expenses. […]
Continue ReadingNurses in New York City to Strike
Thousands of nurses in New York City to strike in pursuit of fair contract Strike date at seven hospitals set for 9 January after 98.8% vote in favor, with wages, staff ratios and health insurance key issues At least 12,000 nurses at seven hospitals in New York City are threatening to strike after their union […]
Continue ReadingCitigroup To Fire Unvaccinated Employees This Month
Citigroup staff in the United States who have not been vaccinated against Covid-19 by Jan. 14 will be placed on unpaid leave and fired at the end of the month unless they are granted an exemption, a source familiar with the matter said on Friday. The US bank announced its plan to impose new vaccination […]
Continue ReadingMan Who Dumped 91,000 Pennies To Pay Ex-Worker Is Sued By Feds
After a former employee of A OK Walker Autoworks filed a complaint with state labor regulators in 2021 accusing the owner of failing to issue his final paycheck of $915, he got an unwelcome surprise: a mountain of 91,000 pennies, covered in oil, dumped in his driveway. But the worker, Andreas Flaten, may be having […]
Continue ReadingTens Of Millions Of Filthy, Used Gloves Imported Into The US
Trash bags stuffed full of used medical gloves, some visibly soiled, some even blood-stained, litter the floor of a warehouse on the outskirts of Bangkok. Nearby is a plastic bowl, filled with blue dye and a few gloves. Thai officials say migrant laborers had been trying to make the gloves look new again, when Thai […]
Continue ReadingCOVID Antiviral Pill
Merck says it has first antiviral pill found to be effective against COVID Molnupiravir is an experimental antiviral drug which is orally active and was developed for the treatment of influenza. It is a prodrug of the synthetic nucleoside derivative N4-hydroxycytidine, and exerts its antiviral action through introduction of copying errors during viral RNA replication. […]
Continue ReadingAunt Jemima Rebranded as Pearl Milling Company
Quaker Oats has announced the new name for its “Aunt Jemima” products in response to criticism that was levied at the brand for featuring a racist stereotype of a Black woman. The name “Aunt Jemima” and the picture of a Black woman shown on the packaging, based on a former slave named Nancy Green, will […]
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