Political Turmoil

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…)

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…)

U.S. Inequality: Billionaires with Offshore Accounts Helped Bankroll 2016 Election

U.S. Inequaltiy Shows Billionaires Funded Election While Avoiding Taxes

U.S. Inequality Has an Effect on Election Campaign Financing In another revelation concerning U.S. inequality, the Paradise Papers have revealed that seven Republican super-donors contributed as much as $350.0 million to federal and state election campaigns in 2016. Meanwhile, the combined net worth of these these billionaires is estimated at $142.0 billion, much of which is held (more…)