Americans with 401 (k) plans may think they have saved a lot for retirement, but a new government rule will show them exactly how much money they will see in their old age. The Department of Labor has published its interim final rule whereby managers have plans for defined contributions, …
Read More »Uber and Lyft reported after exploring a franchise model
Photo: JOSH EDELSON / AFP (Getty Images) The rideshare behemoths in California are Uber and Lyft still looking for ways to get the state’s attempt to classify its drivers as full-time employees, and the long play at this point very appears to be a vote-getter in November. But the two …
Read More »Oil industry fears over recruitment of its next generation of workers
Two years out of college, Leah Sanders made as much as $ 19,000 a month using oil wells in Kuwait. After being fired in May by oilfield giant Schlumberger Ltd., she returned with her parents to Tennessee, earning $ 15 an hour to help with her father’s construction business. She …
Read More »Marks & Spencer to cut 7,000 jobs
Pedestrians wearing or covering a face mask due to the COVID-19 pandemic will walk past an M&S (Marks and Spencer) store in central London on 20 July 2020. tolga akmen / Agence France-Presse / Getty Images Marks & Spencer, the iconic but struggling UK retailer, said on Tuesday that it …
Read More »Amazon is betting on office work with expansion in big cities
Amazon.com Inc. expands its physical offices into six U.S. cities and adds thousands of business jobs in those areas, an indication that the tech giant is making long-term plans for office work, even if other businesses include continued remote employment. Amazon is preparing to add 3,500 business jobs across hubs …
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