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Retail giant Target announced that they are giving out more than million in bonuses to frontline employees ahead of the holiday shopping season.On Monday, the company said that more than 350,000 employees - which includes employees who work in stores, the distribution centers, and seasonal hires - will all receive a 0 bonus."In a year like no other, I'm proud of what this team has accomplished and grateful for the care and connection they've provided our guests and communities," said Melissa Kremer, Target's chief HR officer, in a blog post. "Target's success this year is a direct result of our team members turning our purpose into action and meeting our guests' changing needs day after day."This is the fourth bonus Target has given employees this year amid the coronavirus pandemic.The company said its already invested nearly billion so far this year on employees' well-being, health, and safety.Target delivered on its 2017 promise of paying a starting wage of hour - which went into permanent effect on July 5.Target says the 0 bonus will go to employees by early November. 1112
President-elect Joe Biden has decided whom to nominate as his secretary of the Treasury Department. Biden said Thursday that the decision will be announced just before or after Thanksgiving and that “you’ll find it is someone who I think will be accepted by all elements of the Democratic Party, progressives through the moderate coalition.”Biden spoke to reporters after participating in a video conference with a group of several governors from both parties, telling them he wanted to be their partner in the White House.The governors talked about the need for government officials to be clear with Americans about what to expect as the virus surges. He says, “They all acknowledge this is going to take a massive education campaign.”The governors, according to Biden, expressed concern that it took eight months to deliver 100 million COVID-19 tests, so how will millions more vaccines be effectively delivered.Biden called the pandemic a “national emergency” and there should be FEMA assistance and federal funding available to help states and deploy National Guard teams when needed.Biden’s treasury secretary would lead his economic team as many businesses and Americans struggle to recover while the coronavirus pandemic continues.During questioning from reporters, Biden reiterated he did not support a full national shutdown, “no national shutdown.” He said it wasn’t about a national shutdown, but about knowing what the threshold in each region is.“Because every region, every area, can be different,” Biden said. “There is no scenario I see for a national shutdown.”He also called on the GSA to ascertain the election results and allow the transition to move forward, saying that the lack of information about the current status of the federal coronavirus response could delay efforts next year. 1816
President-elect Joe Biden named former General Lloyd J. Austin as his nominee for secretary of defense on Wednesday.If confirmed, Austin would become the first Black person to lead the Pentagon.At a press conference in Wilmington, Delaware on Wednesday, Biden introduced Austin as a man who is "breaking down barriers and blazing a trail," adding that he is "going to do it again" if confirmed.Biden called for Austin to be confirmed "swiftly," adding that the country "needs his expertise.""It will be my sincere honor and privilege to return to the department and to lead our great service members and civilians in accomplishing the mission of ensuring our nation's security," Austin said Wednesday.He also added that he would give Biden clear and "unvarnished council" when it comes to military matters.Austin also said that he had benefitted greatly from leadership above him throughout his career, citing the influence of former Sec. of State Colin Powell, among others.In addition to needing Senate confirmation, Austin will also need a waiver, as there is seven-year waiting period after leaving the military in order to become defense secretary. Some Senate Democrats, including Sen. Elizabeth Warren, have signaled that they are hesitant to grant Austin a waiver."I would not be asking for this exception if I didn't think this moment in history called for it," Biden said.President Donald Trump's first defense secretary, James Mattis, also required such a waiver upon his nomination.Austin, a former four-star general, was the 12th head of Central Command from 2013 through 2016 under President Barack Obama.Austin followed Mattis in leading Central Command. He also served as the vice chief of staff of the Army. 1732
President Donald Trump, House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell honored the late evangelist Billy Graham while he lies in honor at the US Capitol Wednesday.Graham, an evangelical minister and spiritual confidant to American presidents, died at the age of 99 last week."The man had such a gift with connecting with people," Ryan said in his remarks honoring the late Reverend. "When listening to Reverend Graham, it was like he was right there next to you."He continued: "Here lies America's pastor." 540
Prominent tech investor Steve Jurvetson is denying the misconduct allegations against him.In a lengthy Facebook post, Jurvetson said the reason for his departure from the venture capital firm he co-founded on Monday had nothing to do with "sexual predation" or "workplace harassment.""How does one respond to accusations so serious that being innocent is not a good enough defense?" he wrote. "Let me be clear: no such allegations are true."Jurvetson, 50, was a partner at prominent VC firm Draper Fisher Jurvetson. He is also a board member and investor at Tesla and SpaceX, but as of Monday, he's currently on leave.According to Jurvetson, he left the firm "because of interpersonal dynamics with my partners" and "stress."In October, DFJ said it became aware of "indirect and second-hand allegations" about Jurvetson. The company launched an independent investigation, but it did not provide details on the allegations of misconduct."It is excruciating to learn just how quickly, in one news cycle, people conclude that because I have left DFJ there must be some credence to vicious and wholly false allegations about sexual predation and workplace harassment," wrote Jurvetson.He clarified that the DFJ investigation "began not with a complaint, but with unsubstantiated rumors."Jurvetson's departure comes on the heels of other investor resignations over misconduct allegations. 500 Startups cofounder Dave McClure and Binary Capital cofounder Justin Caldbeck left their respective firms this summer after multiple women came forward with allegations of workplace sexual harassment. Both men have issued apologies for their behavior.While the women made their claims public about McClure and Caldbeck, there are no public claims against Jurvetson."The three-month investigation, that has yet to conclude (and I welcome the results whenever that takes place), broke down a normal team dynamic into factions that isolate communications and defer to the advice of lawyers," Jurvetson added."Add a modicum of stress (such as implied allegations in the press) and deadlines (our annual LP meeting is today), and people show a different side of their personality. I did. So did my partners. It's incredibly sad to see how things broke down, and the acrimony that arose between us."Jurvetson also alluded to a "personal relationship (one that doesn't involve employees, or prospective employees, or others in the workplace)" as a contributing factor to his stress."I have also learned that an ill-advised relationship, where the other person is left feeling hurt, angry or scorned, can have far reaching consequences in the digital age," he wrote. "It is inaccurate and unfair to describe any of this as harassment or predation." 2741