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The holidays are right around the corner, but Walmart won't be hiring for help.The retailer plans to meet its need for extra work during the holiday shopping season by giving existing employees more hours, according to a release from the company.Hiring seasonal holiday help is a tradition in retail. Walmart rival Target has already announced plans to bring on 100,000 temporary holiday workers.But Walmart's move is a sign of the tightening labor market which has made it difficult for employers to fill open positions. There were a record number of unfilled job openings nationwide in the latest government reading of the labor market. More than 600,000 of the open positions were from retail.It also can be seen as part of the effort by Walmart, the nation's largest private sector employer, to make jobs there more attractive and to cutdown on turnover.The company announced a series of pay raises for its lowest paid employees in early 2015, which took the minimum pay for most employees to an hour by last year, and the average pay for its full-time workers to about an hour. Part-time workers are paid about an hour on average.For part-time employees, additional hours could increase total pay more than an increase in hourly pay.Walmart says it employed the same strategy of more hours for existing employees during the holidays last year and "we heard great feedback from our customers and associates," according to Judith McKenna, chief operating officer of Walmart U.S.Walmart had 1.5 million U.S. employees as of Jan. 31, according to a company filing. 1585
The NFL will consult an advisory committee made up of former coaches, general managers, and players on such issues as postponing, moving, or even canceling games this season due to the coronavirus pandemic. Troy Vincent, the league's football operations chief, said that the advisers, who will report to Commissioner Roger Goodell, will help avoid any "inequities" in those decisions. Vincent did not identify any members of the panel, saying he was awaiting their approval to do so. Vincent also said the league will consider playoff games in a bubble environment, noting that "all options are on the table."Game-day and travel protocols were sent to all 32 teams this week, which included "extensive in-stadium specifics include rules for the field, sidelines, locker rooms, tunnels, entrances, and training rooms," the Associated Press reported.The league said that when traveling, masks must be worn at all times, everyone must stay in separate hotel rooms, buses limited to no more than 50% capacity, and when on an airplane, a seat must be left open between passengers."I am very proud of the innovation and attention to detail that our club medical staffs have shown as they have created these plans, which were reviewed and approved by the league, the NFLPA, and our infectious disease experts,” said NFL Chief Medical Officer Dr. Allen Sills.Teams will not be allowed to leave their hotel to eat or use restaurants that are open to the public, the league said.Cheerleaders and mascots cannot be on the field this upcoming season, NFL Network's Tom Pelissero reported. 1584
The government’s small business lending program has benefited millions of companies, with the goal of minimizing the number of layoffs Americans have suffered in the face of the coronavirus pandemic. Yet the recipients include many you probably wouldn’t have expected.Kanye West’s clothing line. The sculptor Jeff Koons. Law firms and high-dollar hedge funds. The Girl Scouts. Political groups on both the left and right.All told, the Treasury Department’s Paycheck Protection Program authorized 0 billion for nearly 5 million mostly small businesses and nonprofits. On Monday, the government released the names and some other details of recipients who were approved for 0,000 or more.That amounted to fewer than 15% of all borrowers. The Associated Press and other news organizations are suing the government to obtain the names of the remaining recipients.Economists generally credit the program with preventing the job market meltdown this spring from becoming even worse. More than 22 million jobs were lost in March and April. But roughly one-third of them were regained in May and June — a faster rebound than many analysts had expected.The government acted quickly in early April, with Treasury lending the first 9 billion in just two weeks. The program got off to a rocky start, one marked by confusion and difficulty for many companies that sought loans.“The process was messy, and they couldn’t target it as much,” Diane Swonk, chief economist at accounting firm Grant Thornton, said of Treasury.Here are seven unlikely recipients of the PPP loans:___JEFF KOONSKoons, a modernist sculptor, is known best for his work with large, metallic balloon-like animals. His “Rabbit” sculpture fetched million at auction last year.Koons’ studio was approved for million to million, the government’s data shows. (The data shows only ranges for the amounts of approved loans.) His studio said it employed 53 people before the pandemic. The PPP loans can be forgiven if employers use most of the money to keep their workers on the payroll.___WALL STREET AND PRIVATE EQUITYNearly 600 asset management companies and private equity firms were approved for money from the PPP, according to government data.Financial firms were generally not badly hurt by the coronavirus pandemic. Their employees were largely able to keep working, and they weren’t among the industries that had to be shut down by government orders. In addition, of course, investment managers and private equity employees tend to be exceedingly well-paid occupations.ADVERTISEMENTAccording to the data, those 583 companies reported supporting roughly 14,800 jobs collectively with the money from the program. That’s an average of 25 employees per company.One other notable financial company that borrowed from the program: Rosenblatt Securities, which commands one of the largest physical presences on the floor of the New York Stock Exchange. Rosenblatt borrowed between million and million.___KANYE WEST’S CLOTHING LINEKanye West’s clothing-and-sneaker brand Yeezy received a loan of between million and million, according to the data released by Treasury. The company employed 106 people in mid-February before the pandemic struck.Yeezy, best known for its 0 sneakers, just announced a major deal with Gap that will have the rap superstar designing hoodies and T-shirts to be sold in the chain’s 1,100 stores around the world. (A representative for Yeezy didn’t immediately respond to a request for comment.)Last weekend, West, a notable fan of President Donald Trump, tweeted that he was running for president.Some other well-known fashion and retail names whose businesses were pummeled by store shutdowns were also approved for loans. The list included high-end designers Oscar de la Renta and Vera Wang and suit maker Hickey Freeman. All their loans were in the -million-to- million range.___POLITICAL GROUPSThe Americans for Tax Reform Foundation, the nonprofit arm of the anti-tax lobbying group Americans for Tax Reform, was approved for a loan of up to 0,000. ATR, led by the anti-tax activist Grover Norquist, who has long supported a smaller federal government, said it didn’t oppose the PPP. It described the program “as compensation for a government taking during the shutdown.”The Center for Law and Social Policy, a research and advocacy group focused on policies supporting low-income Americans, was authorized for a loan of up to million, according to government data.___THE GIRL SCOUTSMore than 30 Girl Scout chapters across the country received PPP loans, the Treasury said. The Girl Scouts of Montana and Wyoming were approved for between 0,000 and million.___JIM JUSTICE, BILLIONAIRE GOVERNORWest Virginia Gov. Jim Justice’s family companies received at least .3 million from the program.Justice, a Republican, is considered to be West Virginia’s richest person through his ownership of dozens of coal and agricultural businesses, many of which have been sued for unpaid debts. At least six Justice family businesses were approved for loans, including The Greenbrier Sporting Club, an exclusive club attached to a lavish resort that Justice owns called The Greenbrier.Justice, a billionaire, acknowledged last week that his private companies received money from the program but said he didn’t know the dollar amounts. A representative for the governor’s family companies didn’t immediately return emails seeking comment.___RESTAURANT CHAINSTGI Fridays and P.F. Chang’s China Bistro were among the major restaurant chains that were approved for loans.Dallas-based TGI Fridays, which has around 500 restaurants nationwide, obtained between million and million in loans from the program. In 2014, TGI Fridays was bought by the the New York private equity firm TriArtisan Capital Advisors. That firm also owns P.F. Chang’s China Bistro, which was also approved for a loan.Though the PPP program was designed to help small businesses, big hotel and restaurant chains were also allowed to apply. A message seeking comment was left with TGI Fridays.P.F. Chang’s China Bistro says a PPP loan helped it keep 12,000 workers employed and transition its restaurants to carry-out-only during the coronavirus pandemic. Scottsdale, Arizona-based P.F. Chang’s, which has more than 210 restaurants around the country, was approved for between million and million from the PPP program, according to the government data. 6458
The man accused of killing 17 people at Marjory Stoneman Douglas High School in Parkland, Florida earlier this year reportedly attacked a detention officer inside a Florida jail Wednesday morning.WTVJ-TV in Miami spoke to the Broward County Sheriff's office in Miami, who confirmed that Nikolas Cruz attacked and injured a detention officer at the Broward County Jail Wednesday morning. The condition of the injured officer is unknown.Cruz is the suspected shooter in the Feb. 14 shooting at Marjory Stoneman Douglas High School in Parkland, where 17 students and teachers were killed. Cruz was charged with 34 counts of premeditated murder and attempted murder in March and is currently awaiting trial. 752
The head of Interpol, who vanished after taking a flight to Beijing, is being held and investigated for corruption, the Chinese Ministry of Public Security said in a statement Monday.Meng Hongwei, who was also a vice minister of public security in China, has been accused by the Chinese government of accepting bribes and committing unspecified other crimes."(Meng) insisted on taking the wrong path and had only himself to blame (for his downfall)," the country's top law enforcement official, Zhao Kezhi, was quoted as saying in the statement.Chinese authorities had previously remained tight-lipped about the whereabouts of Meng, following his sudden disappearance last month after he flew from France to China.In an earlier statement released on Sunday, the Chinese government said Meng was "under investigation" by the National Supervisory Commission, the country's top anti-corruption unit, but gave no further details on whether he was in custody or what the charges might be.Concerns over Meng's whereabouts were first raised by wife, Grace, who reported him missing to French authorities in the city of Lyon, where the couple live, last Thursday.She was moved to contact authorities after she received a final text message on September 25, shortly after he arrived in China, with a knife emoji and instructions to "wait for my call."That call never came.The South China Morning Post, a Hong Kong-based newspaper known for its connections inside the Chinese government, said Meng was "taken away" for questioning upon landing in China last week. The newspaper cited an unnamed source.In a separate development, Interpol said it had received Meng's resignation from the international police agency with "immediate effect" according to statement posted Sunday. It made no mention of the former president's whereabouts or the Chinese investigation. 1861