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. […]
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Nurses 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 ReadingNOBODY GIVES A DAMN
‘NOBODY GIVES A DAMN:’ Home Depot co-founder blames ‘socialism’ for lack of motivation to work The co-founder of Home Depot is pointing the finger at socialism for why Americans no longer have the drive to work. Bernie Marcus, who along with Arthur Blank made the home improvement big box retailer a North American empire, […]
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 ReadingThe Great Resignation
Another 4.5 million workers quit in the 8th month of record exits, and it shows how the Great Resignation is here to stay A record 4.5 million Americans voluntarily left their jobs in November, according to the Bureau of Labor Statistics. This pushed the quits rate to 3%, matching the high from September. Workers particularly […]
Continue ReadingThe 10 Hottest Jobs and Their Profiles
Regardless of the reasons, the job market is hot, and some jobs are hotter than others. Here’s a little more information about each one of the jobs that made the top 10 hottest jobs list for 2021. These are the jobs that have grown fastest in Payscale’s database of salary profiles among people who have […]
Continue ReadingThe Facebook Papers
The Facebook Papers: What’s you need to know New documents — the Facebook Papers — are bringing more clarity to the social media giant’s problems and reinforcing a whistleblower’s claim that the platform profited off the spread of false information and relies on an algorithm that pushes fake news like drugs. What’s happening […]
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 ReadingFacebook, WhatsApp, Instagram Suffer Worldwide Outage
Facebook and its Instagram and WhatsApp platforms are back online after a massive global outage plunged the services and the businesses and people who rely on them into chaos for hours Facebook Inc. blamed a global service outage that kept its social media apps offline for much of Monday on a problem with its […]
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