Economic Indicators13 hours ago (Jul 14, 2020 07:30PM ET) (C) Reuters. A man looks at a document during a job fair in Seoul SEOUL (Reuters) – South Korea’s unemployment rate fell marginally in June, but remained high in historical terms as the coronavirus pandemic continued to weigh on businesses and […]
Japan manufacturers’ mood pinned near 11-year lows as pandemic hammers global demand
Economic Indicators13 hours ago (Jul 14, 2020 07:05PM ET) (C) Reuters. FILE PHOTO: An employee of Sanko Manufacturing Co. conducts shipping operations of the company’s ventilators as the spread of the coronavirus disease (COVID-19) continues in Saitama By Daniel Leussink TOKYO (Reuters) – Japanese manufacturers remained close to the most […]
Massachusetts Launches Uber and Lyft’s Latest Legal Headache
On Tuesday, Massachusetts became the second state this year to sue ride-hail companies Uber and Lyft for treating their drivers as independent contractors rather than employees. State attorney general Maura Healey told reporters the Covid-19 pandemic motivated her to ask a state court judge to enforce a 2004 labor law […]
British Columbia province forecasts C$12.5 billion operating deficit in 2020/21
Economic Indicators2 hours ago (Jul 14, 2020 03:55PM ET) (C) Reuters. Parq Casino in Vancouver (Reuters) – The Canadian province of British Columbia is forecasting a C$12.5 billion ($9.2 billion) operating deficit in 2020/21, the province’s finance minister, Carole James, said on Tuesday. James attributed the estimated deficit to the […]
Canadian winter set to further chill sales of restaurants amid pandemic
2/2 (C) Reuters. FILE PHOTO: Patrons enjoy drinks on terrace of restaurant as coronavirus restrictions lifted to visit restaurants in Montreal 2/2 By Moira Warburton TORONTO (Reuters) – Canada’s restaurants are counting the days to the country’s notoriously cold and long winters, knowing that patio dining – which many are […]
Gasoline boosts U.S. inflation; escalating COVID-19 cases seen suppressing demand
2/2 (C) Reuters. FILE PHOTO: Retail shops in Brooklyn as phase one reopening continues during outbreak of the coronavirus disease (COVID-19) in New York 2/2 By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rebounded by the most in nearly eight years in June, but a resurgence in new COVID-19 […]
Your Car Is Spewing Microplastics That Blow Around the World
When the world fully transitions from cars that run on dinosaur juice to cars that run on electricity, humanity will have eliminated a major source of planet-warming carbon dioxide and a major threat to human health—air pollution kills nearly 550,000 children under age 5 each year. But a hidden environmental […]
Brazil’s economy swings back to modest growth in May
Economy9 hours ago (Jul 14, 2020 09:20AM ET) (C) Reuters. SAO PAULO (Reuters) – Economic activity in Brazil began to grow again in monthly terms in May, after two sharp consecutive declines in March and April, as businesses slowly began to open up in the wake of coronavirus-related quarantining measures. […]
The Equity-Diversity-Inclusion Industrial Complex Gets a Makeover
So diversity training doesn’t have a great track record of boosting Black employees into the executive suite. “I would advise companies to spend the money on something else,” says sociologist Frank Dobbin of Harvard University, who worked on the 2007 and 2016 studies. As an alternative to diversity training, he […]
How to read U.S. economic data, without the spin
2/2 (C) Reuters. FILE PHOTO: Destiny USA mall reopens as COVID-19 restrictions are eased 2/2 By Ann Saphir SAN FRANCISCO (Reuters) – As the United States gears up for presidential, congressional and local elections in November, the country’s economy is also on a rollercoaster ride. Attempts to stop the spread […]