Workers at Amazon’s Saudi Arabia facility say they were lured to the country with promises of high wages and good conditions, only to be exploited and threatened with being sent home or even killed by their recruiters when they requested payment. According to interviews with 16 current and former employees of the firm, which manufactures […]Read More
offer On February 10th, 2021, hundreds of Mack Trucks employees in Pennsylvania and Maryland went on strike after rejecting a proposed union contract offer from the company. The striking workers are protesting the company’s proposed changes to their health care plans, retirement benefits, and holiday policies. The striking workers have been vocal about their desire […]Read More
The short answer is no. Inflation over time erodes the spending power of a currency, and unless your money is invested in an asset that produces a return greater than the rate of inflation, you will not be able to beat it. However, there are a number of ways to save your money that can […]Read More
MGM Resorts International said the cyberattack it suffered in July and August of 2020 cost it about $100 million, including direct costs and lost revenues. The cost included investigating and remediating the attack, as well as slower-than-anticipated recovery of the company’s information technology systems, MGM Resorts said in an Investor Day presentation. The company also […]Read More
. In the event of a government shutdown, millions of federal government employees, including Transportation Security Administration (TSA) workers, would be furloughed, leading to fewer staffers at the TSA check points. This could lead to significant delays at airports and longer lines than usual. It could impact airport security as well, if there are not […]Read More
Mortgage demand has been declining as interest rates have been rising to their highest levels in nearly two decades. As interest rates hit 23-year highs, borrowing costs for mortgages are becoming increasingly expensive for potentialhome buyers, causing them to pause their home buying plans. As a result, demand for mortgages has been diminishing as buyers […]Read More
The US Securities and Exchange Commission (SEC) has charged a financial podcaster and entrepreneur claiming to be the “Cash Flow King” with running an $11 million Ponzi scheme. The SEC alleges that the podcaster employed fraudulent tactics to solicit money from investors. The SEC alleges that Anthony Sierra, who ran a finance podcast called the […]Read More
The WWE and USA Network have reached a new deal that is set to return World Wrestling Entertainment’s iconic show, SmackDown, to the network. The deal is estimated to be worth more than $1.4 billion and could last up to five years. Under the new agreement, USA Network will be the exclusive home for WWE’s […]Read More
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