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The trend of store closures in every corner of the country has continued, as regional supermarket chain Stop & Shop announces the closure of dozens of stores. More Store Closures The country has been hit by a wave of retail store closures around the country this year, from Family Dollar to Walgreens, and more. Stop … Read more
After the shock closure of two significant lumber plants in Montana, the federal government has approved $2 million in funding to keep displaced workers in the state workforce. $2 Million for Displaced Workers The US Department of Labor will provide $2 million in federal funding to help retrain and re-employ lumber workers in Western Montana … Read more
A landmark housing affordability plan has been removed from the California ballot in November, leading to frustration and disappointment for many in the Bay Area – where housing affordability is one of the major issues residents are facing. Bay Area Plan Ditched for November The Bay Area, one of the most expensive property markets in … Read more
Hot on the heels of a major layoff in February and a $28 billion acquisition in March, tech giant Cisco Systems has announced the second round of layoffs as part of a company-wide restructuring plan. Second Round for Cisco Cisco Systems has announced its second round of layoffs this year according to a filing made … Read more
A new ordinance approved by LA County supervisors will require some hospitals to inform the Department of Public Health before they go after patients for unpaid medical debt. New Hospital Rules If certain hospitals in LA County want to pursue their patient’s unpaid medical bills, they now have to let the county know first, according … Read more
We know an enormous transfer of wealth is on the horizon – but one group will be the first to reap the rewards of that transfer. The Great Wealth Transfer For the last year, the media has touted the concept of a “Great Wealth Transfer” that will see trillions of dollars passed down from the … Read more
One viral job post advertising for “white” candidates only has led to a civil lawsuit against the company that posted it. Tech Company vs. DOJ A tech company based in Virginia is facing civil penalties via the US Justice Department, after circulating a job post that called for only “white” candidates. A Controversial Job Post … Read more
A staggering and historic end-of-year pay package has been granted to Boeing’s CEO, in the wake of a very difficult first quarter for the aircraft manufacturer. Boeing’s Largest Payout Shareholders of Boeing approved a $33 million pay package for departing CO Dave Calhoun, marking the largest payout ever given to a Boeing CEO in its … Read more
A new program could help relieve the burden of medical debt for millions of North Carolinians who are struggling to pay for past treatments, according to Governor Roy Cooper. New Debt Relief Initiative Eligible North Carolina hospitals have agreed to participate in a new debt relief initiative. The program will give hospitals higher Medicaid payments … Read more
An embattled negotiation between American Airlines and their flight attendants union could lead to a strike after the airline’s latest offer has fallen through. 17% Wage Hike Offer Image Credit: Shutterstock / Jirsak Amid contract negotiations this week, major US airline American Airlines offered their flight attendants a 17% wage hike, which would be effective … Read more