Virus to cull 80,000 retail jobs: RAI survey

Over 95% of non-food retailers have shut shop since lockdown took effect About 80,000 jobs are expected to be cut by retailers due to the ongoing COVID-19 pandemic, according to a survey by industry body RAI. Retailers Association of India (RAI) had conducted a survey of 768 retailers, which employ 3,92,963 people across India, to gauge their view on the […]

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Employers posted solid job openings before virus shutdowns

Mnuchin: If small business needs more money, we’ll go back to Congress Treasury Secretary Steven Mnuchin details how the government plans to help small businesses keep employees paid during the coronavirus outbreak. WASHINGTON — U.S. employers posted a healthy number of job openings in February, evidence that the job market was in decent shape before the viral outbreak brought the […]

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These are some of the world's most expensive divorces

San Francisco (CNN Business)Jeff and MacKenzie Bezos’ divorce settlement is expected any day now. The couple announced their divorce in January after 25 years of marriage and four children. As part of the settlement, MacKenzie Bezos will get 25% of the couple’s Amazon stock, according to an April securities filing. That should give her a 4% stake in the company, […]

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U.S. Stocks Turn Lower On Final Day Of Dismal Quarter

Stocks recovered from initial weakness but moved back to the downside over the course of the trading session on Tuesday. With the drop on the day, the Dow and the S&P 500 had their worst first quarter performances ever, plunging by 23.2 percent and 20 percent, respectively. The major averages all finished the session firmly in negative territory. The Dow […]

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Mark Cuban explains how restaurants can survive coronavirus crisis

Mark Cuban: How business can prepare post-coronavirus Dallas Mavericks owner Mark Cuban provides insight into the Small Business Association’s Paycheck Protection Program and how business can prepare to open once the coronavirus pandemic passes. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Dallas Mavericks owner Mark Cuban said restaurants […]

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CPSC Advances Rulemaking To Ban Padded, Pillow-like Crib Bumpers

The U.S. Consumer Product Safety Commission or CPSC is advancing with its proposed rule to ban padded, pillow-like crib bumpers amid increasing incidents of infant injury and deaths. In a statement, the agency said it voted unanimously last week to move forward with rulemaking on a federal safety standard for crib bumpers. With the rule, the sale of padded, pillow-like […]

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Restaurant Workers Got Masks. They’d Also Like a Permanent Raise

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. Some of America’s fast-food workers are finally getting face masks and emergency sick days to help get them through the coronavirus outbreak. Now the challenge for labor activists is to capitalize on the moment […]

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Attendance Allowance: Is Attendance Allowance means-tested? Is it taxable?

Attendance Allowance is more important than ever for some people as coronavirus puts more people in financial hardship. All new reviews and reassessments for existing disability benefit claimants have now been suspended. But what is Attendance Allowance and is it taxable? What is Attendance Allowance? Attendance Allowance is extra money given to help you with your care needs once you […]

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Start to save today to survive tomorrow

In times such as these, you need to make every rupee count. Use the money you save to add to your investments or to buy medical insurance, instead of subscribing to more OTT platforms, suggests Bindisha Sarang. Illustration: Uttam Ghosh/Rediff.com Now that we have spent more than a fortnight under the lockdown, and got a fair idea of what it […]

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