Mylan Layoffs 2017: Pharma Makes Job Cuts in West Virginia as Revenue Drops in 3rd Quarter

Mylan Layoffs 2017

Hundreds of people are now joining the increasing number of layoffs from generic drugmaker Mylan NV (NASDAQ:MYL), as the pharmaceutical company contends with bad press and subsequently weak earnings reports. The Mylan layoffs in 2017 are part of cost-saving measures and the latest round of U.S. job cuts hitting West Virginia. Mylan has also had (more…)

Trump Tax Proposal Analysis Shows Top 1% to Receive Huge Gains

Trump Tax Proposal to Benefit Ultra-Rich, New Analysis Reveals

Despite claims otherwise, the Trump tax proposal is again being criticized for disproportionately helping the wealthy while the middle class will receive less-than-promised, according to a new analysis released on Monday. People earning more than $730,000 a year would get an average cut of more than $37,000, according to the Tax Policy Center. This would (more…)

Sears Closings Add Up to 63 More Locations After Holidays

Another 63 Sears Closings Adds to Hundreds Already Registered in 2017 Sears Holdings Corp (NASDAQ:SHLD) announced another round of Sears closings, hitting 63 more locations after the holidays. The company will shutter both Kmart and Sears locations, another step towards the company’s attempts to curb costs and reduce spending. Hundreds of locations have already been (more…)

Dairy Queen Restaurants Closing After Franchisee Vasari LLC Files for Chapter 11 Bankruptcy

Dairy Queen restaurants closing

Hundreds of Texans employed with soft-serve ice-cream and fast-food chain Dairy Queen are about to get laid off. We’ll be seeing dozens of Dairy Queen restaurants closing across the state in the days to come as a Texas-based franchisee operating Dairy Queen locations enters bankruptcy. The franchisee, Vasari LLC, has just filed for Chapter 11 (more…)