Tuesday, August 9News That Matters

Tag: Wake

After Amazon: Labor tries to regroup in wake of Alabama loss

WASHINGTON -- Despite the strongest public support and the most sympathetic president in years, the American labor movement just suffered a stinging defeat -- again.Amazon warehouse workers in Bessemer, Alabama, overwhelmingly voted against joining the Retail, Wholesale and Department Store Union in much-anticipated election results announced Friday.Amazon and business groups celebrated the decision, saying warehouse workers got a chance to weigh the pros and cons of union membership -- and voted to reject it.But labor activists argue that the lopsided vote shows how unfairly the odds are stacked against union organizing efforts and highlights the need for Congress to reform U.S. labor law. The House last month passed such legislation -- the Protecting the Right to Organize (PRO) A...

Budget 2021 could give more tax relief on medical expenditure, insurance in wake of Covid

The Finance Minister is set to present a paperless Union Budget on February 1, 2021, and has her task cut out given that the fiscal year 2020-21 has been challenging and unprecedented for the government as well as the common man. While the government has made several efforts to provide relief through stimulus packages, this year is a bigger test as they will have to master the balancing act of managing the burgeoning fiscal deficit and the expectations of the taxpayers. Some focus areas and changes that are expected are set out below: 1. Tax incentives to boost spending Given that travel was at an almost complete halt in 2020 and some historical tax breaks existed for actual travel (typically called Leave Travel Concession or LTC), the government had introduced a scheme to provide tax re...
Wake Island Airfield undergoes $87M upgrade

Wake Island Airfield undergoes $87M upgrade

Oct. 19 (UPI) -- The Wake Island Airfield, regarded as among the most isolated installations in the U.S. military, is undergoing an $ 87 million upgrade, the Air Force said. The infrastructure modernizations include improvements to the deteriorating runway, new lighting, and grounding and pavement markings to support mission readiness and global air mobility, the Air Force Civil Engineering Center at Joint Base San Antonio-Lackland, Texas, announced. Advertisement California-based contractor AECOM won the contract for the improvements in 2019, and is expected to complete the project in early 2021. "The remote location of the Wake atoll required extensive logistics planning to ship construction equipment, material, parts and supplies which we successfully accomplished in November 2019," Ca...

Bank trading floors could be poised for a makeover in the wake of Covid-19

A member of exchange staff uses a fixed-line telephone while looking at financial data on computer screens on the trading floor of Bats Europe, the European arm of Bats Global Markets Inc., in London, U.K..Jason Alden/Bloomberg | Bloomberg | Getty ImagesTrading floors in banks have been immortalized in countless Hollywood movies. Chaotic scenes of financial professionals, often on the phone, and often screaming; rows of desks and endless monitors all convey highly stressful situations in an industry where time is literally money.While there's some fiction to this stereotype, the images of densely populated, cavernous spaces are grounded in the truth. And in the era of Covid-19, of course, all that frenetic activity and tightly-packed bodies pose a big challenge — even more so than in ...
Pringles tube tries to wake from ‘recycling nightmare’

Pringles tube tries to wake from ‘recycling nightmare’

The distinctive Pringles tube is being re-designed after criticism that it’s almost impossible to recycle.The current container for the potato-based snack was condemned as a recycler’s nightmare.It's a complex construction with a metal base, plastic cap, metal tear-off lid, and foil-lined cardboard sleeve.The Recycling Association dubbed it the number one recycling villain – along with the Lucozade Sports bottle.Now Pringles' maker Kellogg's is trialling a simpler can – although experts say it’s not a full solution.The existing version is particularly troublesome because it combines so many different materials Media playback is unsupported on your device Some 90% of the new can is pa...