Argentina set for primary vote with ruling Peronists fighting for survival
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2023-08-13 12:16
Mexico pitches tax breaks to lure foreign investment, infrastructure doubts persist
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Angola Opens Bids for Operator of $3 Billion Luanda Airport
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The Logic Factory Announces Successful Go-live at Glencore’s Zinc and Lead Operations to Tackle Planning Complexities of Feed Mix in the Mining Industry to Maximize Profit
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2023-08-24 20:17
Elon Musk’s X finally agrees to try and settle Twitter’s mass layoffs lawsuit
Elon Musk’s X has agreed to attempt to settle a lawsuit by former employees who say the company cheated them of severance pay following mass layoffs. After taking over Twitter, which he rebranded X recently, Mr Musk cut nearly two-thirds of the social media company’s workforce from about 8000 to 2,000, claiming he had “no choice” as the company was losing $4m per day. “Everyone exited was offered 3 months of severance, which is 50 per cent more than legally required,” Mr Musk said. Many laid-off employees, however, publicly announced they never got the severance they were due to get. In the months that followed, the company was hit by several lawsuits, including one alleging the layoffs disproportionately targeted women. Now, months after urging Twitter, the company has agreed to try and settle, according to a memo sent by Shannon Liss-Riordan, who represents the laid-off workers. The labour and civil rights attorney, representing nearly 2,000 ex-employees, said X would attempt to settle with the laid-off staff. “After 10 months of pressing them in every direction we have succeeded in getting Twitter to the table,” she wrote in the memo cited by Bloomberg. Further schedule for the mediation remains unclear, but reports suggest negotiations could happen on 1 and 2 December. X did not immediately respond to The Independent’s request for comment. Some ex-employees have alleged Twitter did not pay them promised severance either. One employee said earlier this year that he had “never even seen a severance letter let alone been offered severance”. While some former staff attempted to resolve the issue by first filing a class-action lawsuit against X, their contracts with Twitter, however, required that disputes be resolved via arbitration. “We are very proud to be representing nearly 2,000 former Twitter employees, in individual arbitrations as well as more than a dozen class action lawsuits in court,” Ms Liss-Riordan had earlier said in a statement, adding that lawyers and former staff were working to recover “what they are owed”. Read More Musk the messiah (or a very naughty boy?) Elon Musk ignores reporter after claims he stopped Ukrainian attack on Russia Elon Musk was on brink of death after catching malaria on South African safari, book claims Musk the messiah (or a very naughty boy?) Elon Musk warns of ‘civilisational risk’ posed by AI at historic gathering Musk was on brink of death after catching malaria on safari, book claims
2023-09-15 15:51
12 smart ways to save money on everyday back-to-school costs
Back-to-school shopping can create a hole in parents’ budgets at the best of times, but with a cost-of-living squeeze in full swing, money is particularly tight this year. At a time when every cutback counts, here are some ways to save some money on the costs that will earn you top marks for effort. 1. Check what you have This can be particularly useful if you have more than one child and need to pass items down. When sorting clothing, create piles of those that are in good condition, those that need repairs, and items that are beyond salvaging. Alice Haine, a personal finance analyst at investment platform Bestinvest, says: “Carry out a full audit to see what uniform, stationery items, lunchboxes and water bottles you already have. “You may find unused items still in pristine condition at the back of a cupboard, or used items that are good to go for a second or third academic year – after all, you only want to buy new if you have to.” 2. Create a ‘sell’ pile Haine suggests: “If your child has outgrown some of their uniform, sell them on Facebook Marketplace or WhatsApp groups, and use the cash to buy new items.” Vinted is worth a try, too. 3. List everything you need Once you’ve sorted through everything, make a list of the items you need to acquire. If you have a clear idea, you’re less likely to waste money doubling up, plus, you can buy what’s needed as and when you spot special offers. Depending on your circumstances, it may also be worth checking your government website for grants which could help with school uniform costs. 4. Be clear on school rules You could end up wasting your money if you buy items which don’t match school policies. Haine says: “If you are heading to a new school, check the uniform policy before you buy. Some schools may demand a certain style or colour.” 5. Team up with parents for ‘bulk buys’ “Some multipack prices may seem like great deals, but you might not need four items, so team up with a fellow parent to share the cost,” says Haine. 6. Remember that the cheapest price isn’t always the best value “When it comes to shoes, it can pay to go for a slightly better brand,” suggests Haine. “Cheap shoes can have a short shelf-life when you consider how much they get battered at school. Keep the receipt, because if shoes do fall apart over a short period of time, some stores may replace them with a new pair.” 7. Make sure there’s ‘growing room’ “Always go a size up if your child is still growing, especially on the pricier items, such as blazers, to ensure you get the most out of the investment,” says Haine. “Some brands even sell trousers with a grow-proof hem that can be let down and pressed with an iron, to ensure clothes last longer.” 8. Go refurbished Abigail Yearley, a spokesperson for website TopCashback.co.uk, says: “There are plenty of trustworthy and reliable sites that sell second-hand or refurbished tech, which works as good as new. Just make sure it comes with good warranty before buying.” You may also be able to buy refurbished devices directly from the manufacturer, she says. 9. Look out for second-hand items Check the school’s website for information on buying second-hand uniforms. “Many schools offer a pre-loved uniform service, so checking if that’s available to you should be the first point of action,” suggests Yearley. “If that’s not an option, check on the parents’ group chat if anyone is looking to give away or swap items they no longer need. It’s also worth scouting out Facebook Marketplace and popping into your local charity shops.” 10. Compare prices online Browsing online is a fast way to research and compare prices. Websites such as TopCashback can also help people to get some cashback on purchases from brands such as Clarks, Wilko and Dell, for example. 11. Look out for supermarket staples Tesco, for example, is running a discount deal on selected stationery and lunchtime essentials for its Clubcard members, until September 7, subject to availability. Yearley says: “All the big supermarkets tend to run back-to-school events during the summer months, so make sure you keep an eye out for them. “It’s especially worth checking out discount supermarkets like Aldi, as their back-to-school events are known for bargain prices. “Even if you’ve missed the special event, it’s worth checking their middle aisle, as often you’ll find things like stationery and lunchboxes, which are still cheaper than buying elsewhere.” 12. Get something back for donating M&S has expanded its ‘shwopping’ scheme, with dedicated school uniform shwopping boxes in over 200 stores, to encourage families to donate pre-loved school uniform, to be resold in Oxfam and through a pilot shop with eBay. As a thank you for shwopping school uniform, M&S Sparks customers can receive 20% off selected kids clothing from the retailer. Similarly, if last year’s school shoes are now a battered pair of Kickers, you can recycle them through their Reskinned initiative, which will also get you £15 towards a pair for the new school year. And Schuh offer a £5 voucher for every pair of unwanted shoes you donate, as part of their Sell Your Soles scheme. All these savings really do add up. Read More How to help your child make friends at secondary school Parents should already start getting their kids ready to go back to school, according to research Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-08-29 19:59
Spartan Capital broker faces probe tied to deals advised by Morgan Stanley - WSJ
Federal prosecutors are investigating whether a broker at Spartan Capital Securities traded on confidential information about planned mergers
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Fox beats estimates for quarterly revenue
Broadcaster Fox Corp beat estimates for third-quarter revenue on Tuesday, as recession-wary companies continued to advertise on its
2023-05-09 20:26
'This isn't some random dude with a duffel bag': To catch fentanyl traffickers, feds dig into crypto markets
The Biden administration has intensified its focus on tracing cryptocurrency payments that some of the most dangerous Mexican drug cartels use to buy fentanyl ingredients from Chinese chemical companies, the latest step in a renewed attempt to crack down on the multibillion-dollar fentanyl trade that kills thousands of Americans each year.
2023-08-05 19:18
Biden to Host State Dinner for India’s Modi on June 22
US President Joe Biden will host India’s Narendra Modi for a state dinner on June 22, the White
2023-05-11 11:24
Yellow files for bankruptcy after shutting down
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