California’s Marijuana Tax Hike Has Pot Enthusiasts Worried California is planning to raise taxes on both recreational and medical marijuana. But, while it may help the state in raising additional revenue, California’s marijuana tax hike plan has both industry analysts and pot-lovers worried for a good reason.
The news just goes from bad to worse for President Donald Trump. Despite decent U.S. economic data, the president’s approval ratings are at historic lows and voters think he is untrustworthy, racist, and thin-skinned. They also do not approve of the way he has handled the economy, North Korea, Iran, Puerto Rico, and healthcare. So (more…)
Auto Industry Decline Leads to Job Cuts After stellar sales figures in 2016, demand for U.S. cars has cooled off this year. What has followed the slumping demand is a string of U.S. automotive industry layoffs, which has left thousands of factory workers out of work. With all major U.S. automotive companies turning to cost-cutting and restructuring (more…)
Wells Fargo Announces 460 Job Cuts in Bethlehem Wells Fargo & Co (NYSE:WFC) is continuing to shed more jobs this year. This time, another of its call centers has been hit with fresh job cuts.
As the controversial White House tax plan nears a Congressional vote, Treasury Secretary Steven Mnuchin warns that the stock market may see a significant drop should the plan fail to pass. The economic fallout of a stock market downturn could impact jobs across the U.S.
Imports Continuing to Become Expensive for Americans Import prices are continuing to go up as both fuel and non-fuel imports become increasingly expensive for Americans. According to the latest data by the U.S. Department of Commerce, import prices shot up 0.7% in September, posting their largest monthly increase since June 2016. On the trailing 12-month (more…)
American Solar Industry to Face First Decline Following Solar Tariffs The United States International Trade Commission (ITC) ruled on Friday that imports of cheaper solar panels from China are, in fact, hurting U.S. solar panel manufacturers. This decision could have far-reaching effects on the American solar energy industry.
“Give me your tired, your poor, your huddled masses yearning to breathe free” might welcome those in New York Harbor, but it’s not a refrain that necessarily speaks to the homeless in Salem, Oregon. The city of Salem is hoping to outlaw sitting and laying on city sidewalks from dawn to dusk.
Hewlett Packard Enterprise Co (NYSE:HPE) is said to be planning to eliminate at least 5,000 jobs, or approximately 10% of its workforce, by the end of 2017. The firings will affect workers in the U.S. and around the world, including managers.
More than a Thousand Layoffs by Early Spring Employees of the multinational conglomerate Westinghouse Electric Company LLC may finally know the number of layoffs that will take place during the company’s restructuring. CEO José Emeterio Gutiérrez, has confirmed that the Pennsylvania-based electrical and nuclear energy giant will shed 1,500 employees before the end of March 2018.