Despite a labor shortage brought about largely by the COVID-19 pandemic, companies can find workers by offering “fair wages,” Brian Deese, the top economic adviser to President Joe Biden, told Yahoo Finance on Monday. Deese, the Director of the National Economic Council, pointed to coronavirus fears and child care obligations amid remote schooling as key reasons why unemployed Americans have stayed on the sidelines. However, employers can overcome these obstacles by providing fair… Source link
Read More »Everyone’s buying a Tesla — but are they prepared to pay for the insurance?
Everyone’s buying a Tesla — but are they prepared to pay for the insurance? If you feel like you’re suddenly seeing that shiny metal “T” everywhere on the road, you’re not mistaken. Electric vehicles sales are soaring, and Tesla is leading the charge. EV sales in the U.S. nearly doubled in the first quarter of 2021 compared to the same time last year, says a new report by Experian, with Elon Musk’s car company commanding a 71% share. Tesla also recently announced that it doubled its worldwide… Source link
Read More »SoftBank to pay ¥178.5 billion for licensing rights of Yahoo in Japan
Image: Getty Images The SoftBank-owned Z Holdings has agreed to take the licensing rights of Yahoo in Japan from Verizon Media’s hands for ¥178.5 billion. The agreement comes shortly after Verizon announced it was selling its media arm for $5 billion to private equity firm Apollo Global, which… Source link
Read More »Google will show employees how their pay may change if they move offices
Google headquarters in Mountain View, California. Stephen Shankland/CNET Google on Tuesday… Source link
Read More »Billionaires pay no taxes while workers get no raises
The big takeaway from the past week in business news is that A) secretly released documents show that billionaires aren’t paying their fair share in taxes. (Gee, you think?) And meanwhile, B) hotels and restaurants and other businesses can’t find enough people to work as maids and dishwashers, etc. If that doesn’t get your “hmmm” juices flowing, I don’t know what will. Let me explain by first going through the A and B elements and then speak to how they’re connected. The billionaire… Source link
Read More »Small businesses hike pay, struggle to hire workers as economy booms
The May fell short of lofty expectations, adding fewer jobs than economists expected and underscoring the challenges the U.S. economy faces in trying to reboot the workforce after COVID-19 lockdowns. Small businesses are no exception. by the National Federation of Independent Business (NFIB) found that a record-high 48% of small business owners in May had unfilled job openings. Additionally, 34% of owners reported having to hike pay the highest reading in the past 12 months, and 22% more… Source link
Read More »Google Photo users: You may soon have to pay to store your photos, videos
by: Addy Bink, Nexstar Media Wire Posted: Jun 1, 2021 / 03:42 PM EDT / Updated: Jun 1, 2021 / 03:42 PM EDT FILE – This Sept. 24, 2019, file photo shows a sign on a Google building at their campus in Mountain View, Calif. Google was quickly negotiating generous deals with big and small Australian media companies to pay for news as the Parliament considers forcing digital giants into such remuneration agreements, a minister said on Wednesday,… Source link
Read More »Google Photo users: You may soon have to pay to store your photos, videos
by: Addy Bink, Nexstar Media Wire Posted: May 31, 2021 / 10:33 PM EDT / Updated: May 31, 2021 / 10:33 PM EDT FILE – This Sept. 24, 2019, file photo shows a sign on a Google building at their campus in Mountain View, Calif. Google was quickly negotiating generous deals with big and small Australian media companies to pay for news as the Parliament considers forcing digital giants into such remuneration agreements, a minister said on Wednesday,… Source link
Read More »Google Photo users: You may soon have to pay to store your photos, videos
by: Addy Bink, Nexstar Media Wire Posted: May 31, 2021 / 04:15 PM CDT / Updated: May 31, 2021 / 04:15 PM CDT FILE – This Sept. 24, 2019, file photo shows a sign on a Google building at their campus in Mountain View, Calif. Google was quickly negotiating generous deals with big and small Australian media companies to pay for news as the Parliament considers forcing digital giants into such remuneration agreements, a minister said on Wednesday,… Source link
Read More »You may soon have to pay to store your photos, videos
by: Addy Bink, Nexstar Media Wire Posted: May 31, 2021 / 04:12 PM EDT / Updated: May 31, 2021 / 04:27 PM EDT FILE – This Sept. 24, 2019, file photo shows a sign on a Google building at their campus in Mountain View, Calif. Google was quickly negotiating generous deals with big and small Australian media companies to pay for news as the Parliament considers forcing digital giants into such remuneration agreements, a minister said on Wednesday,… Source link
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