Category: pay
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If you buy all the gifts from ‘The 12 Days of Christmas’ this year, you will pay twice as much as you did last year
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Let’s be honest… if you really think the idea of buying your true love a bunch of birds and a dozen percussionists is a great idea, then we need to get you a personal shopping assistant ASAP. But if you’re curious about how inflation affects the elements in one of…
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Walmart must pay a truck driver $35 million after firing him and accusing him of fraud after an accident
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Walmart must pay one of its former truck drivers $35 million after a jury found the retailer falsely accused him of workers’ compensation fraud. A San Bernardino County jury said in a two-part verdict filed last week that former Walmart driver Jesus “Jesse” Fonseca is owed… $25 million in punitive…
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COP29: Wealthy polluters to pay $300 billion a year
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The world agreed on Sunday to a bitterly negotiated climate deal that requires wealthy historic polluters to pay $300 billion annually to poor and vulnerable countries that have demanded more to confront the global warming crisis. After two exhausting weeks of chaotic bargaining and sleepless nights, nearly 200 countries voted…
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Histadrut and Treasury reach agreement on public sector pay
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The Israeli Ministry of Finance and the Histadrut trade union movement have reached a final agreement on a package of economic measures that will be part of the 2025 state budget. The most important part of the agreement concerns public sector salaries for hundreds of thousands of employees. Instead of…
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I am a family man with Sh43,000 net pay. How can I afford a home and a car?
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My name is Derek. I earn a total of Sh60,000. After statutory deductions, I take home about Sh43,000 but end up borrowing. My family’s household expenses are as follows: Rent – Sh11,000, School fees for my child per month – Sh10,000, Transportation – Sh5,000, Shopping – Sh5,000. Can you advise…
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Residents Will Soon Pay Taxes With Digital Assets
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By accepting cryptocurrencies for taxes and other local municipal payments, Detroit will become the leading city in the cryptocurrency space The largest city In the United States to accept cryptocurrencies for payments. The program is scheduled to begin in mid-2025, according to local officials in Detroit. The initiative is expected…
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Private sector pay falls for first time in over 30 years
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The average monthly wage in Kenya’s private sector fell for the first time in more than three decades to Sh75,781, reflecting the impact of the country’s weak economy that has prompted companies to curb costs. The Kenya Revenue Authority (KRA) says pay per employee has fallen from Sh78,034 in the…
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How Elon Musk’s $130 million investment in Trump’s victory could reap a huge pay off for Tesla and the rest of his business empire
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Donald Trump’s election night speech to the country confirmed that one of the evening’s biggest winners — in addition to himself — was Elon Musk. Trump spent much of his choppy victory speech thanking Musk, who recently spent more than $130 million and a lot of time and tweets to…
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More than 1,000 UK employees trial four-day working week without pay cut
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Seventeen British companies, including Crate Brewery in Hackney and the British Society for Immunology, are launching a six-month trial of the four-day working week with more than 1,000 employees taking part. The trial, organized by the 4 Day Week campaign, allows workers to maintain full pay while working just four…
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Indonesian forests pay the price for the growing global biomass energy demand
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Breadcrumb links PMN BMN Business Article writer: Associated Press Victoria Milko Posted on October 26, 2024 • Last updated 4 hours ago • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Article content JAKARTA, Indonesia (AP) —…
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Equal pay lawsuits threaten to cost retailers millions as legal pressure mounts
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Some of Britain’s biggest retailers face the prospect of paying millions in damages due to a wave of equal pay lawsuits, many of which are underpinned by controversial litigation funding arrangements. Last month saw the latest development in a long-running legal case against Asda, with tens of thousands of employees…
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Credit Bank to pay trader Sh1.7m in bizarre identity theft saga
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Credit Bank has been ordered to pay Sh1.7 million in compensation to a merchant and non-customer who was wrongly listed as a loan defaulter in a bizarre stolen identity case four years ago. High Court Judge Lawrence Ntheja Mugambi said the bank violated Paul Mosambi Mwatu’s human dignity and integrity…
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California health care workers get a pay bump to $18-$23 an hour under new minimum wage law
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Some of California’s lowest-paid health care workers will receive a pay raise on Wednesday under State Law Gradually increase their wages to at least $25 per hour. Workers at independent rural health care facilities will start making at least $18 an hour, while others at hospitals with at least 10,000…
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President Harris Should Buy Bitcoin to Pay Black Americans Reparations
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Not so fast. Let’s take this seriously. Vice President Kamala Harris launched her first cryptocurrency policy yesterday, pledging to help protect Black Americans who invest in cryptocurrencies. This is the standard issue for the Democratic Party in 2024, where, as Nick points out, the anti-racist cause is alive and well.…
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Palantir’s Shyam Sankar Says AI Is Experiential And If You Pay Consultants To Help You Think About Deployment ‘You’re Just Lighting Money On Fire’
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Shyam Sankar of Palantir says AI is experimental and if you pay consultants to help you think about deployment “you’re just lighting money on the fire.” Palantir Technologies Inc (NYSE:PLTR) shares have been on a tear ever since The company has been added to the S&P 500 index. The stock’s…
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Palantir’s Shyam Sankar Says AI Is Experiential And If You Pay Consultants To Help You Think About Deployment ‘You’re Just Lighting Money On Fire’
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Shyam Sankar of Palantir says AI is experimental and if you pay consultants to help you think about deployment “you’re just lighting money on the fire.” Palantir Technologies Inc (NYSE:PLTR) shares have been on a tear ever since The company has been added to the S&P 500 index. The stock’s…
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U.S. ADP Non-Farm Employment Surpassed Estimates But Pay Growth Slowed
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The US Nonfarm Payrolls Change report came in slightly better than expected with 143K in employment gains versus 126K for September. This was also higher than the net job gain of 103,000 jobs in the previous month. This was the first better-than-expected reading in the past five months, as the…
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U.S. ADP Non-Farm Employment Surpassed Estimates But Pay Growth Slowed
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The US Nonfarm Payrolls Change report came in slightly better than expected with 143K in employment gains versus 126K for September. This was also higher than the net job gain of 103,000 jobs in the previous month. This was the first better-than-expected reading in the past five months, as the…
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Revealed: Half of firms fail to pay corporate tax
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Nearly half of active companies that filed annual returns in the year through June did not pay taxes on corporate profits, indicating worsening losses and an increasing prevalence of tax avoidance schemes. Statistics obtained from the Kenya Revenue Authority (KRA) show that 171,585 of the 341,793 companies that filed their…