In July, Canada's unemployment rate slightly increased to 5.5%, with the economy losing 6,400 jobs, contrary to economists' predictions of a gain of 25,000 jobs. However, average hourly wage… Read More
Yellow, a major freight and trucking company, has filed for bankruptcy, which will result in a significant number of layoffs and potentially lead to higher shipping costs. The company receiv… Read More
Early Wednesday, Syria's president doubled public sector wages and pensions as its national currency plunged further, reaching a new low.Just before midnight Tuesday, Syrian President Bashar… Read More
China's real estate sector is facing increasing troubles, with weak new home sales putting pressure on developers and intensifying calls for policy support. Sales for the top 100 developers… Read More
Senior doctors are calling for greater accountability for NHS managers following the case of child serial killer Lucy Letby. The British Medical Association is leading calls for managers to… Read More
Governor Babajide Sanwo-Olu of Lagos has continued to flaunt his exotic collection of wristwatches, including a Patek Philippe, estimated to sell for N160 million, as poverty and soaring inf… Read More
The average "reservation wage," or minimum acceptable salary offer to switch jobs, in the US reached a record high of $78,645 during Q2 2023, according to the New York Federal Reserve employ… Read More
UPS workers have approved a five-year labor deal that includes significant wage increases and other improvements to work rules and schedules, according to the International Brotherhood of Te… Read More
UPS workers have ratified a new union contract that secures wage increases and extreme heat protections for over 340,000 employees across the US. The deal eliminates a two-tier wage system… Read More
Bed Bath & Beyond, a popular meme stock, continues to trade at high volumes despite its impending declaration of worthlessness. The company filed for Chapter 11 bankruptcy in April and h… Read More
Unifor, a Canadian autoworkers' union, has chosen Ford Motor Company of Canada as the target for negotiations in the upcoming contract talks. The union represents over 19,600 autoworkers acr… Read More
Pro-Kremlin rapper Timati and Russian restaurateur Anton Pinskiy have taken over all former Domino's pizza outlets in Russia, rebranding them with the Cyrillic letter "и." They had pre… Read More
Birmingham City Council, Europe's largest local authority, has declared effective bankruptcy and will cease all but essential spending. The council faces a potential liability of £650… Read More
Canada added 40,000 jobs in August, double the expected amount, but only half of what is needed to keep up with population growth. The employment rate declined by 0.1 percentage points to 61… Read More
Private equity firms in the United States are profiting from climate disasters by acquiring companies specializing in disaster cleanups and restoration, according to research by the Private… Read More
The Nigeria Labour Congress (NLC) on Monday condemned the federal government’s insincerity for the country’s workers’ strike action on September 5th and 6th, 2023.
The NLC… Read More
Baring last minute changes, President Bola Tinubu will announce a new minimum wage for Nigerian workers next week.
President of the Trade Union Congress (TUC), Comrade Festus Osifo, disclose… Read More
A 33-year-old Muslim woman has been handed a two-year jail term in Indonesia after she shared a video on TikTok reciting an Islamic prayer before trying out pork meat during a visit to the t… Read More
The United Auto Workers (UAW) is expanding strikes to 38 parts and distribution locations across 20 states for General Motors (GM) and Stellantis, excluding Ford Motor. UAW President Shawn F… Read More
The United Auto Workers (UAW) strikes against Detroit's three automakers may expand on Friday if the union does not receive improved contract offers. UAW President Shawn Fain is scheduled to… Read More
The National Investigation Agency (NIA) has arrested a second accused in a case involving a transnational conspiracy by Myanmar and Bangladesh-based terror outfits to wage war against India… Read More
A booming disaster-restoration industry is capitalizing on low-wage immigrant labor as climate change accelerates natural catastrophes. Workers in this industry, who clear debris and rebuild… Read More
ADDRESS BY HIS EXCELLENCY, PRESIDENT BOLA AHMED TINUBU, GCFR, PRESIDENT AND COMMANDER-IN-CHIEF, FEDERAL REPUBLIC OF NIGERIA IN COMMEMORATION OF THE 63RD INDEPENDENCE ANNIVERSARY OF NIGERIA O… Read More
FTX customers who lost money in the bankruptcy of the cryptocurrency exchange remain optimistic about the industry and plan to continue investing, according to a new documentary. Despite not… Read More
UK Finance Minister Jeremy Hunt has ruled out short-term tax cuts, citing concerns over inflation. Hunt stated that the focus is currently on reducing inflation and that tax cuts could only… Read More
The largest healthcare strike in U.S. history is currently taking place, with 75,000 Kaiser Permanente workers in California walking off the job. The three-day strike is focused on wage incr… Read More
Section 14(c) of the Fair Labor Standards Act allows for workers with disabilities to be paid less than the federal minimum wage. This provision was initially created to provide job opportun… Read More
Job growth in the US was stronger than expected in September, with nonfarm payrolls increasing by 336,000, surpassing the Dow Jones consensus estimate of 170,000. The unemployment rate was 3… Read More
FTX co-founder Gary Wang testified in a New York trial that Sam Bankman-Fried, also a co-founder, authorized the illegal use of FTX customers' funds to cover losses at an affiliated hedge fu… Read More
The Osun State Governor, Ademola Adeleke, has been urged by the leadership of the Labour Movement in the state to approve the recently announced N35, 000 minimum wage award to all categories… Read More
Chinese electric vehicle startup WM Motor has filed for bankruptcy, citing macro-economic conditions, operational issues, and difficulty securing capital as contributing factors. Despite bei… Read More
Jeep maker Stellantis has reached a tentative contract agreement with the United Auto Workers (UAW) union, following a similar agreement with Ford. The deal, which still needs to be ratified… Read More
The United Auto Workers (UAW) union has escalated its strike against General Motors (GM) after reaching a tentative contract agreement with Stellantis, the maker of Jeep vehicles. The strike… Read More
The Bank of England is expected to keep interest rates unchanged due to moderating price pressures and weakening economic activity. Recent data shows that UK inflation remains at 6.7% in Sep… Read More
Retired businessman Roger Krone has been named the new president of the Boy Scouts of America as the organization emerges from bankruptcy following a sexual abuse scandal. Krone plans to rev… Read More
According to a master bargaining report obtained by CBC News, the Windsor Assembly Plant will build the next generation of Dodge muscle cars, while the Brampton plant will start building the… Read More
The United Autoworkers (UAW) has reached tentative agreements with GM, Stellantis, and Ford, ending a six-week strike and securing significant concessions for workers, including record pay r… Read More
Cambodian authorities have evicted 40,000 people from the Angkor temple complex since 2022, claiming the need to protect the UNESCO World Heritage site, according to Amnesty International. T… Read More
Joe Ajaero is a prominent Nigerian journalist and unionist currently serving as the National President of the Nigerian Labour Congress (NLC). He assumed office in 2023, succeeding Ayuba Wabb… Read More
Abby Lee Miller is an American dance instructor, choreographer, and reality TV personality best recognized for her appearance on multiple seasons of the dance reality show, “Dance Moms… Read More
Verbandsbüro - Ihr Experte für Verbands-und VereinsmarketingMehr Geld, kürzere Arbeitszeit: Tarifforderung für Stahlindustrie
Die Stahlindustrie steht vor einer wegweisen… Read More
An analyst now says Bitcoin (BTC) will hit all time high numbers by the end of 2024, due to new demand and buying pressure.
Bitwise analyst Ryan Rasmussen is bullish on Bitcoin (BTC) bas… Read More
This massive grocery store is now shutting its doors soon at a historic location which has operated for over 60 years.
The Giant Food store on Langston Boulevard in Arlington, Virginia w… Read More
A big appliance company now files an unexpected bankruptcy after racking up a whopping $832 million in debt, sources report.
Appliance component manufacturer Robertshaw U.S. Holdings fil… Read More
This massive entertainment company is now laying off 900 workers, or 8% of the units global employees, sources report.
Sony on Tuesday said it will lay off about 900 employees in its Pla… Read More
A popular restaurant now makes an unexpected and abrupt closure after being open for nearly 20 years, sources report.
A Bonefish Grill restaurant has suddenly closed after being open for… Read More
This massive department store will now close 150 stores for good as the company battles with plunging sales, sources report.
Macy’s has announced that 150 stores are set to close o… Read More
A massive logistics company now files for bankruptcy in California as it plans to liquidate after listing up to $10 million in liabilities.
Freight forwarder company Boateng Logistics has… Read More
This banking company is now making painful layoffs as it sheds half of its staff to focus exclusively on providing software to institutions.
Banking-as-a-service platform Treasury Prime… Read More
Green Dot Bank is now facing a massive penalty stemming from compliance risk management issues predating the company’s current management.
Green Dot has been hit with a proposed con… Read More
A giant Amazon seller now declares an unexpected bankruptcy, part of a restructuring agreement with lenders to slash its debt.
Walpole, Massachusetts-based Thrasio is asking the court to… Read More
Another tech company is now laying off 350 employees to help drive stronger operating leverage and align with “future strategic priorities.”
Bumble announced on Tuesday plans… Read More
This cosmetics company now makes painful closures and layoffs, part of a rigorous restructuring plan taking place in just weeks.
The UK administrators of The Body Shop have provided more… Read More
A beloved fast food chain now files an unexpected bankruptcy after claiming between $10 and $50 million in debt.
Before the pandemic, Wild Wing Café had plans to triple in size to… Read More
This massive bank is now cutting 286 jobs which will take effect before May 3rd according to the latest WARN filings.
The staff cuts, set to take effect before May 3, encompass 239 emplo… Read More
A beloved tech retailer now warns of new layoffs even as the company navigated through a period of consumer electronics demand.
Best Buy warned of another year of softer sales and said it… Read More
This massive US company will now lay off in California, as well as other prominent states such as Ohio and Pennsylvania, sources report.
UPS is laying off employees at facilities in Calif… Read More
Another appliance company now files an unexpected bankruptcy after troubling signs began when the company filed its 2023 results late.
In that brief report, the company also said that its… Read More
An iconic movie theatre now files for an unexpected bankruptcy in order to reorganize its business affairs, sources report.
Iconic movie theater chain Metropolitan Theatres Corp. has fil… Read More
A massive essential store now continues to close in Ohio after the company filed an unexpected bankruptcy just last October.
Last year, Rite Aid filed for bankruptcy in October after inc… Read More