Chrysler parent Stellantis laying off 400 salaried U.S. workers

Chrysler parent Stellantis laying off 400 salaried U.S. workers

The Stellantis sign is seen outside the FCA Headquarters and Technology Center in Auburn Hills, Michigan, on Jan. 19, 2021. Jeff Kowalsky | Afp | Getty Images DETROIT — Stellantis is laying off roughly 400 salaried employees in the U.S. in its engineering, technology and software units to cut costs as the automaker faces what … Read more

Biden to forgive $5.8 billion in student debt for nearly 78,000 borrowers

Biden to forgive .8 billion in student debt for nearly 78,000 borrowers

U.S. President Joe Biden announces a preliminary agreement with Intel for a major CHIPS and Science Act award, during a visit to the Intel Ocotillo Campus, in Chandler, Arizona, U.S., March 20, 2024.  Kevin Lamarque | Reuters The Biden administration announced Thursday it would forgive $5.8 billion in student debt for 77,700 borrowers through the … Read more

Salary single person needs to live comfortably in major U.S. cities

Salary single person needs to live comfortably in major U.S. cities

To live “comfortably” as a single person in 99 of the largest U.S. metro areas, you’ll need a median income of $93,933, according to a recent SmartAsset analysis. “Comfortable” is defined as the income needed to cover a 50/30/20 budget, which assumes 50% of your monthly income can pay for necessities like housing and utility … Read more

UAW says VW workers at Tennessee plant file for union election

UAW says VW workers at Tennessee plant file for union election

A VW EV ID.4 cross-over at Volkswagen of America plant in Chattanooga, TN, June 8, 2022. Michael Wayland | CNBC DETROIT – Volkswagen workers at a plant in Tennessee have filed a petition with the National Labor Relations Board for a vote to join the United Auto Workers, the union announced Monday. The filing comes … Read more

Wegovy heart health approval won’t mean broad insurance coverage yet

Wegovy heart health approval won’t mean broad insurance coverage yet

Victoria Klesty | Reuters In the U.S., Wegovy is no longer just for weight loss. The blockbuster drug — one of a handful of weight loss treatments to skyrocket in popularity over the last year — is now approved in the U.S. for heart health, too. But that may not translate to wider insurance coverage of … Read more

Senate should move swiftly on TikTok bill

Senate should move swiftly on TikTok bill

TikTok creators gather before a press conference to voice their opposition to the “Protecting Americans from Foreign Adversary Controlled Applications Act,” pending crackdown legislation on TikTok in the House of Representatives, on Capitol Hill in Washington, U.S., March 12, 2024. Craig Hudson | Reuters White House national security adviser John Kirby said Sunday that the … Read more

Outdoor Voices’ layoffs via Slack ‘lack basic empathy,’ says expert

Outdoor Voices’ layoffs via Slack ‘lack basic empathy,’ says expert

Athletic apparel brand Outdoor Voices is just the latest in a long line of companies to conduct mass layoffs — and “totally mishandle” them, says a leadership expert. Employees were notified on Wednesday, via an internal Slack message, that the company was closing all 16 of their brick and mortar stores, “embarking on a new … Read more

Worst-paying college majors, five years after graduation

Worst-paying college majors, five years after graduation

Students who major in liberal arts, performing arts and theology earn the lowest salaries within five years of graduating from college, a recent New York Federal Reserve analysis reveals. All three majors made a median annual income of $38,000, the lowest out of the 75 majors in the study. Other low-paying majors include leisure and … Read more

Wegovy heart health approval won’t mean broad insurance coverage yet

Wegovy heart health approval won’t mean broad insurance coverage yet

Victoria Klesty | Reuters In the U.S., Wegovy is no longer just for weight loss. The blockbuster drug — one of a handful of weight loss treatments to skyrocket in popularity over the last year — is now approved in the U.S. for heart health, too. But that may not translate to wider insurance coverage of … Read more

Laid-off techies struggle to find jobs with cuts at highest since 2001

Laid-off techies struggle to find jobs with cuts at highest since 2001

The Google office in New York on February 2, 2023. Ed Jones | Afp | Getty Images Allison Croisant, a data scientist with about a decade of experience in technology, was laid off by PayPal earlier this year, joining the masses of unemployed across her industry. Croisant has one word to describe the process of … Read more