Many employees at Silicon Valley tech companies have recently moved to cheaper residences to work remotely amidst the coronavirus pandemic. Big Tech has responded by slashing salaries using “cost-of-living” reductions as a reason. This has increased tensions between employers and their workers. One tech CEO in the midwest called Silicon Valley’s salary cuts “hypocritical.” The Wall […] Read more
House Speaker Nancy Pelosi said Thursday that Democrats would not support a standalone bill to fund airline relief unless the Trump administration agreed to her demands for a comprehensive relief package. The package, designed by Democrats, contains spending equal to nearly half the pre-pandemic federal budget. Airlines have said without further relief funding they will […] Read more
The potential impact of a Biden presidency could be worse than in 1929, President Trump told Fox News’ Sean Hannity. If elected, Democratic presidential nominee Joe Biden would repeal President Trump’s tax cuts and raise taxes by the “largest percentage” in the country’s history, the president warned Thursday night. “He wants to take all that […] Read more
The new owner of a Chicago home that he bought to renovate ended up finding thousands of dollars hidden in the living room. The man never expected to find the stash there. But he told CBS 2’s Tara Molina his next move was obvious. “I’ve never seen anything even close to this before,” said Jim […] Read more
Democratic presidential nominee Joe Biden pushed his plan to raise the minimum wage to $15 an hour if he defeats President Donald Trump in November. Biden made the comments Monday afternoon while campaigning in Florida. “Fifteen dollars should be a minimum wage in the United States of America. Period,” Biden said. His economic plans include […] Read more
Cybersecurity multimillionaire John McAfee has been arrested in Spain and charged with tax evasion. He allegedly earned millions in income from promoting cryptocurrencies. The indictment alleges that McAfee, 75, has evaded U.S. taxes by having his income “paid into bank accounts and cryptocurrency accounts in the names of others, while also using the names of […] Read more
Big technology companies may already be complying with secret Chinese requests for user information held in Hong Kong. They ought to “come clean” about the vulnerability of the data they hold there, a senior US state department official has said. Hong Kong can demand data from tech companies, and some are complying The allegation of […] Read more
The World Health Organization (WHO) has promised to investigate allegations of sexual abuse by people identified as health and aid officials in the Democratic Republic of the Congo (DRC), where the global body is trying to stop the spread of the Ebola virus. The WHO said it is “outraged” and promised the charges will be […] Read more
Kids aren’t cheap. That’s the consensus among both the government and parents, but exactly how much they cost is up for debate. The U.S. Department of Agriculture used to publish an annual report that calculated the average cost of raising a child to adulthood, not including college expenses. It was last published in 2017 and […] Read more
The Walt Disney Co. is dealing with new developments in a pay-equity class-action lawsuit from 2019. On September 25, a Los Angeles Superior Court judge requested that Disney provide an outline of the private documents that detail how they give out their corporate compensation. A Disney spokesperson said, “this is a routine discovery dispute common to […] Read more
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