Investors may want to steer clear of investing their 401(k) in companies that own risky assets such as coal-fired power plants. George Frey/Agence France-Presse/Getty Images Climate change. Exploitation of essential workers. Racism. In the face of an urgent need to tackle these societal challenges, the U.S. Department of Labor released …
Read More »Dark day for workers as thousands lose jobs including 15,000 at Boeing rival Airbus.
Boeing BA, -1.62% rival Airbus AIR, -0.01% announced on Tuesday it would cut 15,000 jobs globally while travel location food specialist SSP SSPG, +2.14% said it would cut up to 5,000 staff as coronavirus continues to wreak havoc on the travel industry. Retailer Harrods and a host of other stores …
Read More »Amazon workers hold Juneteenth vigils demanding Jeff Bezos reflect on company’s treatment of ‘unskilled workforce’
Amazon AMZN, +0.79% CEO Jeff Bezos says Juneteenth should be a moment for reflection about the ways we can eradicate systemic racism and create a more just country. But some Amazon workers are holding Juneteenth vigils where they say they want to draw a link between “slavery, racism and Amazon’s …
Read More »Outside the Box: 6 things the best bosses know will help workers and companies thrive in a recession
We often look to the past to make decisions for the future. Yet the coronavirus pandemic presents a unique dilemma: How can we navigate circumstances that none of us has ever experienced? The implications of this pandemic — and the steps taken by public health officials, political leaders and corporate …
Read More »Some tech workers are slowly trickling back to the office now
It’s back to the office for some tech employees this month. Apple Inc. AAPL, +2.57% and Juniper Networks Inc. JNPR, +0.52% , for example, are allowing small pools of employees to return in what is expected to be a series of gradual phases, though companies are reluctant to talk. (Apple …
Read More »Dispatches from a Pandemic: ‘I have a mortgage to pay’: Sex workers banned from small-business loans under CARES Act due to ‘prurient sexual nature’
Like many self-employed Americans, Andre Shakti has lost most of her income over the past few weeks. Most of the clients who used to see her in person have stopped calling, the business where she worked as an independent contractor is closed, and a conference she co-organizes has been canceled. …
Read More »Economic Report: Unemployed workers applying for jobless benefits seen topping 25 million
The record surge in suddenly unemployed Americans likely grew by another 4 million last week to push the total to 25 million or more since the coronavirus pandemic shut down large parts of the U.S. economy a month and a half ago. Initial jobless claims in the seven days running …
Read More »Coronavirus update: 1.04 million cases, 55,132 deaths and U.S. health care workers clamor for masks and gloves
The U.S. labor market showed further signs of damage from the coronavirus that causes COVID-19 on Friday as the global case tally continued to extend beyond a million and the death toll passed 54,000. Nearly four billion people around the world are now under some order restricting their movements, according …
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