An Italian structural composites company has selected Chattanooga for its first U.S. operations facility, investing nearly $3.8 million into the city. According to a statement from Tennessee Governor Bill Lee, Commissioner Stuart McWhorter, and officials from Microtex Composites Inc., the company will create 26 new jobs. Based in Italy, the composites manufacturer has experienced rapid…
What’s New Shanghai has introduced policies encouraging employers to create “childbirth-friendly” positions aimed at supporting people with young children amid mounting concerns over China’s declining birth rate. Why It Matters Despite extensive measures by central and local governments, including the relaxation of the decades-long one-child policy to allow two and later three children, China’s fertility…
Federal Reserve Bank of San Francisco President Mary Daly said she is “very comfortable” with policymakers’ median projection of two interest-rate cuts next year, emphasizing the central bank can turn to a slower approach. “My projection is that it will take many fewer rate cuts next year than we thought but I’ll watch the economy…
Workers at Amazon facilities in some parts of the country went on strike Thursday in an effort aligned with the Teamster union. At the Chattanooga Amazon Fulfillment Center in Enterprise South, a handful of protestors told Local 3 News they were from Cartersville, GA. They were clad in Teamster-branded safety vests and held signs, waving to…
The labor union Teamsters have launched what they say is the largest strike against Amazon in history. Workers are on the picket lines at some Amazon facilities in New York, Illinois, Georgia, and California. The strikes aren’t just happening on a national level; union members are also picketing locally at the Amazon Fulfillment Center here…
(CNN) — Amazon delivery drivers are on strike across the US. Those on strike say that 400 packages, long hours and little help are part of a regular day at work. Amazon says that the strike won’t have an impact on holiday deliveries, but the thousands of delivery drivers who went on strike are hoping…
A Chinese industry association urgedBloomberg Terminal international companies to use cotton produced in Xinjiang after the head of Uniqlo’s parent said the fashion retailer doesn’t source fiber from the region. Tadashi Yanai, the chief executive officer of Japan’s Fast Retailing Co., made the remark last week in an interview with the BBC, which led to…
While lifestyle interventions show promise in tackling cardiometabolic diseases, their long-term success hinges on policy-driven environments that make healthy living accessible for all. Study: Lifestyle interventions for cardiometabolic health. Image Credit: Shutterstock AI A recent study published in the journal Nature Medicine reviewed the benefits of combined lifestyle interventions (CLIs) on cardiometabolic health. Obesity and…
US hiring probably jumped in November after hurricanes and a major strike undercut job growth a month earlier, consistent with a labor market that’s healthy yet gradually cooling. Nonfarm payrolls probably advanced by 200,000 in November, according to a Bloomberg survey of economists. The data due Friday are also expected to show the unemployment rate…
{KXLG – Watertown, SD} The Boys & Girls Club of Watertown has announced in a notice sent to parents changes to its membership fee structure for 2025, effective from the next enrollment period. The increase would be the first increase in eight years for the club. According to the notice, the fee increase is necessitated…