Residential Stands for Unpaid Council Workers

MUTARE City Council has resolved to offer its workers residential stands as compensation for salary arrears dating back to 2013, which had ballooned to nearly $9 million. The resolution was made during an ordinary council meeting held on December 7. Mutare City Council owes employees $8 595 815, which was accrued between 2013 to April this… Continue reading “Residential Stands for Unpaid Council Workers”

Hong Kong woman ordered to pay abused maid $100,000

A Hong Kong woman jailed for six years for starving and beating her Indonesian domestic helper was ordered by a court on Thursday to pay more than $100,000 in damages for the “inhumane” abuse. Law Wan-tung was convicted of grievous bodily harm, assault, criminal intimidation and failure to pay wages in 2015 and is still serving… Continue reading “Hong Kong woman ordered to pay abused maid $100,000”

Brain Drain At the EPA

More than 700 people have left the Environmental Protection Agency since President Donald Trump took office, a wave of departures that puts the administration nearly a quarter of the way toward its goal of shrinking the agency to levels last seen during the Reagan administration. Of the employees who have quit, retired or taken a buyout… Continue reading “Brain Drain At the EPA”

When Is the Best Age to Claim Social Security?

When to claim Social Security retirement benefits is one of the most crucial financial decisions facing older workers. But not everyone makes informed choices. The timing of the claim is key. The earlier a worker files to receive Social Security, the lower the monthly payment for the rest of that worker’s life. The longer a worker… Continue reading “When Is the Best Age to Claim Social Security?”

Ryanair faces first-ever pilot strike in Germany

German Ryanair pilots will strike for the first time Friday, union leaders said, dialling up the heat in a Europe-wide battle for recognition from the no-frills airline ahead of the busy holiday period. The Irish carrier urged passengers to head to airports anyway, saying it had asked pilots to show up for duty and pledging to… Continue reading “Ryanair faces first-ever pilot strike in Germany”

Thanks to the tax bill, the government can no longer force you to buy health insurance

Barack Obama Republicans promised over and over again to repeal Obamacare, and they fell painfully short of that goal repeatedly in Congress. But thanks to the passage of today’s tax bill, the government is no longer forcing individuals to buy health insurance, and that’s a big victory. President Trump boasted that”“in this bill, not only do… Continue reading “Thanks to the tax bill, the government can no longer force you to buy health insurance”

Mattel lays off 70 employees amid continuing financial struggles

LOS ANGELES — Mattel Inc. laid off 70 employees earlier this month, according to a California Employment Development Department report. Mattel had 32,000 employees as of last December, according to its Security and Exchange Commission filings. The cuts, which were effective Dec. 8, come during a time of financial struggle for the El Segundo-based toymaker, whose… Continue reading “Mattel lays off 70 employees amid continuing financial struggles”

Trump Tax Plan: AT&T, Wells Fargo Hand Out Bonuses

As the debate rages over the extent of benefits the GOP tax bill will have for workers, some of the country’s largest companies have said they will pass on the proceeds of President Donald Trump’s dramatic corporate tax cut to their employees and reinvest in the United States. The promises from the likes of AT&T, Wells… Continue reading “Trump Tax Plan: AT&T, Wells Fargo Hand Out Bonuses”

ThyssenKrupp steelworkers clinch deal ahead of Tata merger

Steelworkers at German industrial giant ThyssenKrupp have won guarantees that their jobs are secure until 2026, bringing the group a step closer to its planned merger with India’s Tata Steel. ThyssenKrupp said late Thursday it had clinched a deal with Germany’s powerful IG Metall union pledging there would be no job losses or major site closures… Continue reading “ThyssenKrupp steelworkers clinch deal ahead of Tata merger”

Toys’R’Us avoids UK administration, confirms store closures

The troubled British arm of US retailer Toys’R’Us narrowly avoided entering administration, it announced on Thursday, after a key creditor embraced its plan to shut stores and plug its pensions deficit. At least 26 of the 105 Toys’R’Us shops in Britain will close from early next year, slashing rent costs in a bid to survive under… Continue reading “Toys’R’Us avoids UK administration, confirms store closures”