General Motors has announced that it will lay off close to 1,500 workers from a plant in Ohio. The move is due to market shifts in consumer demands from compact cars to SUV’s and pickup trucks. The shift is attributable …
Continue ReadingMaryland Attorney General Brian Frosh said last week that he plans sue the federal government over the GOP-passed tax law put into effect in January. Maryland will become the fourth state, joining New York, New Jersey and Connecticut planning …
Continue ReadingSpeaker of the House Paul Ryan was heavily criticized on social media yesterday after he tweeted about the benefits of the GOP-passed tax overhaul, saying that a Lancaster, PA woman was pleasantly surprised to see an extra $1.50 in her …
Continue ReadingAltria Group Inc., a tobacco giant, will give its non-executive employees $3,000 each because of the GOP-passed tax plan the company announced. According to the company, over 7,000 employees will receive the benefit. The benefit will amount to a …
Continue ReadingHealth insurance provider Cigna announced today that it is increasing the minimum wage for its employees and providing other compensation benefits due to the GOP-led tax overhaul passed last month. The company will be increasing its minimum wage to $16 …
Continue ReadingPresident Trump delivered his first State of the Union address to a joint session of Congress last night and began by highlighting the accomplishments of his first year in office.
…Continue Reading“Since the election, we have created 2.4 million new jobs,
President Trump will deliver his first State of the Union address to a joint session of Congress tomorrow night. Here are the top five things the president will try to achieve in his first address as Commander-in-Chief.
Call for an …
Continue ReadingHome Depot Co-Founder Bernie Marcus had a simple message for Democrats yesterday: use your brains. “Democrats, use your stupid brains. You don’t have any brains and don’t understand what happens,” Marcus said on Fox News on Saturday. The billionaire …
Continue ReadingPresident Trump’s first State of the Union address will tout his first-year accomplishments such as the tax overhaul passed last month, while also calling for major initiatives to be tackled this year. The president will call for immigration reform, a …
Continue ReadingThe Home Depot has announced that it will be giving employees a bonus because of the tax overhaul passed by the GOP-led Congress last month. The company will be giving bonuses of up to $1,000 to each of its 400,000 …
Continue ReadingJPMorgan Chase has announced $20 billion in new spending directed at employee pay raises, as well as the hiring new employees. The company announced the investment was a direct result of the tax legislation passed last month by the …
Continue ReadingAs a result of recently passed tax legislation, tech giant Apple said it will be investing $30 billion U.S. facilities over the next five years and create 20,000 U.S.-based jobs. The company says it will also be paying $38 billion …
Continue ReadingOver 160 companies have announced that they are either giving bonuses to their employees, raising their wages or otherwise sharing the benefits that the companies will realize from the GOP’s tax overhaul package passed last month. But Democratic House Minority …
Continue ReadingA majority of a group of economists surveyed recently said that President Trump has been either “somewhat” or “strongly” positive in terms of job creation, economic growth and rises in the stock market in the U.S. The group was interviewed …
Continue ReadingFiat Chrysler announced that it will be spending $1 billion to modernize a Michigan plant with the goal of bringing back 2,500 automobile manufacturing jobs to Warren, Michigan, the town where the plant is located. Chrysler announced that it will …
Continue ReadingA majority of respondents to a new survey said they believe the GOP tax package passed last month will benefit the wealthy the most. Sixty-six percent of those polled in a Quinnipiac University poll released yesterday said the wealthy …
Continue ReadingWalmart announced today that it is closing 63 Sam’s Club stores. The move will affect some 11,000 employees in the US, who will be laid off. Employees and customers say the move came suddenly. Some stores stopped business today, …
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