Political Discord

Maimonides Layoffs: Around 200 Employees Cut, Union Group Protests

Maimonides layoffs

Labor Organizations Oppose Maimonides Layoffs Maimonides Medical Center in Brooklyn is looking to cut as many as 200 employees, the hospital said in a statement. The Maimonides layoffs are another addition to the increasing difficulty that the healthcare industry in the U.S. is facing. The move was said to be a cost-cutting measure and amounts (more…)

Miami Hospital Layoffs Caused by Financial Struggles

Miami Hospital Layoffs

Shifting healthcare costs and dwindling patient admissions are some of the main reasons that the University of Miami-owned 560-bed hospital in downtown Miami is struggling, with Miami hospital layoffs taking place since May. The hospital is situated across the street from the university’s medical school campus in downtown Miami. The facility, formerly known as Cedars (more…)

U.S. Internet in ISP Clutches; FCC Net Neutrality Repeal Plan Goes Ahead before Thanksgiving

Obama Net Neutrality Rules Under Threat

Ajit Pai, chairman of the Federal Communications Commission (FCC), released a net neutrality repeal plan that seeks to change the way business is done over the Internet, creating potential free speech and equal access issues down the line. The move would be a response to former President Barack Obama’s net neutrality rules, which designated Internet (more…)

Cantrell Drug Bankruptcy, U.S. Inequality, Target Stores Closing, Healthcare Spending Soars & More: Weekly Roundup for November 12, 2017

Cantrell Drug Co. bankruptcy

In today’s weekly roundup, we wish to bring you up to speed on a few significant developments in certain industries. We know that the pharma industry is suffering and layoffs are being announced by major players in that sector. Even as healthcare spending soars, job losses seem to hit pharma companies negatively, an event which (more…)

Amazon Effect vs. Trump Effect: Where Companies’ Concerns Lie

Study Shows that Businesses More Focused on Amazon Effect than Trump Effect In a recent survey, Amazon.com, Inc. (NASDAQ:AMZN) was cited more than President Donald Trump as a source of anxiety for businesses. The study, carried out by financial research platform Sentieo Inc. for MarketWatch, shows that the “Amazon effect” is more of a concern to businesses than the (more…)