Money tips for 2023
According to experts: Money tips for 2023 Christine Whelan, Clinical Professor of Human Ecology at the University of Wisconsin-Madison, shares ideas for approaching personal finance and family goals. Interview: AP
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Business InsiderA Google recruiter says he discovered he'd lost his job after a call with one of his candidates suddenly disconnected
The recruiter, Dan Lanigan-Ryan, told Insider he was gradually locked out of company systems "and then that was it."
- CoinDesk
Sam Bankman-Fried’s Mother and Brother Not Cooperating With Financial Probe, FTX Lawyers Say
The crypto exchange wants to question its founder’s family as it seeks to locate allegedly misappropriated funds
- Business Insider
A Googler says he was laid off while caring for his terminally-ill mom — but would take another job at the company 'in a heartbeat'
Paul Baker, a video producer, told Insider he was partway through a month of paid carers' leave when his termination email arrived.
- Fortune
Tech layoffs are setting off a desperate scramble for foreign workers to find new jobs in 60 days before being forced to leave the U.S.: ‘I am always in fear of what will happen’
Laid-off tech employees on work visas describe the urgency to find new jobs.
- Reuters
Boeing to hire 10,000 workers in 2023 as it ramps up production
Boeing expects to hire 10,000 workers in 2023 as it recovers from the pandemic and increases jetliner production, but will trim some support jobs, the U.S. planemaker said Friday. The Arlington, Virginia-based company boosted overall employment by about 14,000 workers in 2022 to 156,000 as of Dec. 31, up from about 142,000 in 2021. Boeing acknowledged it will "lower staffing within some support functions" - a move meant to enable it to better align resources to support current products and technology development.
- Business Insider
Google let go of 31 massage therapists at its California offices amid mass layoffs
The decision to let go of its massage therapists comes as Google eliminates office perks as part of its cost-cutting measures.
- CBS MoneyWatch
You were just laid off. How much severance can you expect?
Companies pay severance to shield themselves from liability and help workers. Here's what a package could look like.
- Associated Press
Lawsuit: Vegas Strip resorts used vendor to fix hotel rates
A federal lawsuit in Nevada is seeking class-action damages for countless hotel patrons who booked rooms in Las Vegas since 2019, alleging that most hotel-casinos on the Las Vegas Strip have used a third-party vendor to illegally fix prices. The complaint filed Wednesday in U.S. District Court in Las Vegas alleges that casino giants MGM Resorts International and Caesars Entertainment, along with Treasure Island and Wynn Resorts, share information with a company that used pricing algorithms to “maximize market-wide prices.” It accuses the resorts and Rainmaker Group Unlimited, a revenue management company owned by Cendyn Group, of “algorithmic-driven price-fixing … at the expense of consumers and in violation of antitrust laws.”
- Gizmodo
Google Is Screwed, Even If It Wins Its Antitrust Case
In 1982, the Department of Justice wrapped up a 13-year antitrust case against IBM. The DOJ lost, but so did IBM. The tech landscape changed, and IBM was distracted and had to move slowly under the increased scrutiny. Microsoft and Apple swooped in and knocked IBM off its perch. 20 years later, the same thing happened to Microsoft. The DOJ launched an antitrust investigation, and ultimately Microsoft wasn’t broken up. But Apple, Google, and social media companies like Facebook left Microsoft in
- Business Insider
McDonald's president who made $7.4 million last year says proposal to pay fast-food workers $22 an hour is 'costly and job-destroying'
McDonald's president calls AB 257, or the FAST Act, 'costly and job-destroying.' A coalition led by chains like McDonald's has secured a referendum vote in November 2024.
- The Root
New Developments in the T.I. and Tiny's Suit Against CA Toy Company
What seemed like a crazy chicken and egg court battle between rapper T.I. and his wife, singer Tameka “Tiny” Harris, versus a popular toy maker ended in a mistrial yesterday when a federal judge in Santa Ana, California, decided that testimony accusing the company of cultural appropriation would leave the jury unfairly biased.
- TheStreet.com
Las Vegas Strip Casinos Accused of Illegally Pushing Hotel Prices Up
Caesars Entertainment , Wynn Resorts , and MGM Resorts International -- face a class action lawsuit that alleges that they worked to artificially increase room prices. Hagens Berman has filed a class action lawsuit that charges that Caesars, MGM, Wynn, and Treasure Island colluded with a third party, Rainmaker, to collude to raise hotel prices on the Las Vegas Strip.
- MarketWatch
This 72-year-old hopes to retire one day — as soon as she raises enough money on GoFundMe
Only about half of U.S. workers have access to 401(k) accounts, but even those that do may struggle to save enough to retire.
- MoneyWise
How much do I really need to retire? Fidelity wants you to save 10 times your income by age 67. But here are 3 reasons why that could be dead wrong
Don't beat yourself with someone else's yardstick.
- Fortune
CEOs are wrong about employees wanting to WFH—they actually want the best of both worlds
Fully remote roles are taking a backseat to "remote-first" jobs.
- INSIDER
China doesn't need to sell a single car in the US to dominate the American electric car market
China will continue to dominate global EV sales this year, Naturally, industry watchers think a move into the US could be imminent.
- Lexington Herald-Leader
Kentucky State Police captain passed over for promotions because she had kids, lawsuit says
Within KSP, only five women have ever risen above the rank of captain.
- Motley Fool
3 Perfect Stocks for Retirees to Buy Hand Over Fist During the Nasdaq Bear Market
The same growth stocks that led the Nasdaq to new heights in 2021 served as proverbial concrete blocks that dragged it down 33% last year. What follows are three perfect stocks retirees can confidently buy hand over fist during the Nasdaq bear market.
- Associated Press
Filipino workers: Oil company abandoned us in Hurricane Ida
As Hurricane Ida struck the Louisiana Gulf Coast in August 2021, Renato Decena and Rosel Hernandez watched the storm punch a hole in the roof of the bunkhouse where they were sheltered — abandoned, they allege, by their offshore oil industry employer as the hurricane bore down. “I could not think of anything to do but to pray and to pray,” Decena, who court records indicate worked for the company for about four years, told The Associated Press. Decena and Hernandez are two of 10 Filipino workers who are suing their former employer, major offshore oil industry company Grand Isle Shipyard, alleging they were virtual prisoners at their bunkhouse and that the company abandoned Decena, Hernandez and some of their co-workers there during the storm.
- MoneyWise
Here's how much the typical baby boomer has saved for retirement — how do you stack up?
And if you’re behind? It’s OK boomer. There’s still some time to catch up.