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Covid-19: Fewest firms planning job cuts since pandemic began

Covid-19: Fewest firms planning job cuts since pandemic began

Business
Getty ImagesSome 292 British employers made plans to cut jobs in January, the lowest figure since the pandemic began.A total of 32,000 redundancies were proposed, up 9% on last January, despite new lockdown rules closing businesses across most of the UK. The figures suggest that the decision to extend the furlough scheme has helped to prevent wider job losses.The numbers were released by the Insolvency Service in response to a BBC Freedom of Information request.Employers planning 20 or more redundancies are obliged to notify the Insolvency Service at the start of the process by filing a form called an HR1 Advance Notice of Redundancy.This gives an early indication of the state of the labour market ahead of the redundancy statistics published by the Office for National Statistics (ONS), whi...
Weather experts: Lack of planning caused cold catastrophe

Weather experts: Lack of planning caused cold catastrophe

Technology
This week’s killer freeze in the U.S. was no surprise.Government and private meteorologists saw it coming, some nearly three weeks in advance. They started sounding warnings two weeks ahead of time. They talked to officials. They issued blunt warnings through social media.And yet catastrophe happened. At least 20 people have died and 4 million homes at some point lost power, heat or water.Experts said meteorologists had both types of sciences down right: the math-oriented atmospheric physics for the forecast and the squishy social sciences on how to get their message across.“This became a disaster because of human and infrastructure frailty, a lack of planning for the worst case scenario and the enormity of the extreme weather,” said disaster science professor Jeannette Sut...

Here’s a decade-by-decade guide to retirement planning

Finance
An illustration of a person in his 20′s holding a phone that displays her spending breakdown, including savings, college, shopping, and friends.Josephine Flood | CNBCHow to read this guideFollow along from start to finish, or jump to the section(s) you want to learn more about.IntroductionSaving for retirement is the gnarliest of delayed gratification challenges. Tucking money away today in retirement accounts with the intention you won't touch it for decades is not a habit that most brains are hard-wired to embrace.But save we must.For most people, Social Security benefits won't cover all the bills in retirement. To land in retirement in solid financial shape, you also want to build your own savings in 401(k) plans and individual retirement accounts.It's never too early to get started. (H...
Survey: 40% in U.S. planning large gatherings for holidays despite COVID-19 warnings

Survey: 40% in U.S. planning large gatherings for holidays despite COVID-19 warnings

Health
Nov. 12 (UPI) -- Nearly 40% of U.S. residents plan to participate in gatherings of 10 or more people this holiday season despite concerns over the spread of COVID-19, according to the findings of a survey released Thursday by Ohio State University. In addition, one-third of respondents said they wouldn't ask attendees at holiday parties with family or friends to wear masks, and just over 25% indicated that they wouldn't practice social distancing, the data showed. Advertisement "We're going to look back at what happened during this holiday season and ask ourselves, 'Were we part of the solution or were we part of the problem?'" Dr. Iahn Gonsenhauser, part of the team that conducted the survey, said in a statement. "When you're gathered together around the table, engaged in conversation, s...
BAE awarded $49.6 M to support Air Vehicle Planning System

BAE awarded $49.6 M to support Air Vehicle Planning System

Business
Jan. 8 (UPI) -- BAE Systems was awarded a $ 49.6 million contract modification to support the Air Vehicle Planning System for the U.S. Air Force, according to the Pentagon. The deal increases the funding ceiling for a previous contract, allowing the Air Force to order continued maintenance and support for new and modified weapons. According to the Department of Defense, the total cumulative value of the contract is $ 195 million. No funds are obligated at the time of the award; fiscal 2019 and 2020 funds earmarked for research, development, testing and evaluation as well as operations and maintenance will be applied. The Air Vehicle Planning System, is a force-level mission planning system that performs routing and analytical functions in support of the Air Force's operational plan and c...