Furniture retailer Ikea told The Daily Mail on Jan. 9, that they would cut sick pay for unvaccinated staff in the UK who self-isolate after contact with a person with the CCP Virus. The Swedish furniture retailer, which employs more than 10,000 people across 22 stores in the UK, joins an expanding list of companies that are slashing…
Americans’ Near-Term Inflation Expectations Stuck at Record High
January 10, 2022
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Americans’ expectations for what inflation will be one year from now remained stuck at a record high for the second month in a row in December, according to a survey from the New York Federal Reserve, which also showed households anticipating a historic boost in earnings. Consumers’ expectations for what inflation will be at the…
Illinois Adopts Biden’s Private Employer Vaccine Mandate
January 10, 2022
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Illinois has adopted the Biden administration’s vaccine-or-test requirement for private employers, according to new rules announced by state authorities on Jan. 7, the same day the Supreme Court heard arguments challenging the federal mandate. The Illinois Department of Labor (DOL) said in an announcement that it had filed rules adopting the federal Occupational Health and Safety…
Virgin Australia to Cut Capacity by 25 Percent as COVID-19 Cases Rise
SYDNEY—Virgin Australia said on Monday it would reduce capacity across its network by around 25 percent for the rest of January and for February due to reduced travel demand and staff being required to isolate as COVID-19 case numbers rise in Australia. The airline, which competes against Qantas Airways Ltd, said it would cut some…
Royal Caribbean Pauses Some Cruise Operations Due to Omicron Concerns
January 9, 2022
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Royal Caribbean Cruises Ltd. has paused some of its cruise operations amid rising numbers of COVID-19 infections due to the Omicron variant. The sailings of three ships—Serenade of the Seas, Jewel of the Seas, Symphony of the Seas—have been paused while the return of its Vision of the Seas to cruising has been postponed to…
Workers at Unionized New York Starbucks Store Continue Walk out Over Staffing, Safety
January 9, 2022
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NEW YORK—Baristas at a Starbucks Corp. location in Buffalo, New York, walked off the job for a second day on Thursday in protest of what they say are unsafe working conditions amid a new rise in COVID-19 cases. Workers left their positions on Wednesday at the Elmwood Avenue location—the only unionized corporate-owned Starbucks store in…
Cineplex Temporarily Lays Off 6,000 Workers as Omicron Cases Shut Theatres
Cineplex Inc. is temporarily laying off 6,000 part-time employees due to mandated closures of its venues amid a rise in COVID-19 cases caused by the Omicron variant, the Canadian cinema operator said on Thursday. Globally, coronavirus cases have been rising rapidly due to the highly transmissible variant. In Canada, 36,110 new infections were reported on…
Amazon Cuts COVID-19 Paid Leave to 40 Hours for US Employees, Follows Walmart
January 8, 2022
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Another big private employer has cut COVID-19 paid leave for its United States workers following rule changes by the Centers for Disease Control and Prevention (CDC). Amazon.com Inc., the second-largest U.S. private employer, announced on Friday that its COVID-19 paid leave has been reduced to a maximum of 40 hours in a notification to employees….
Amazon Cuts COVID-19 Paid Leave to 40 Hours for US Employees, Following Walmart
January 8, 2022
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Another big private employer has cut COVID-19 paid leave for its workers in the United States following rule changes by the Centers for Disease Control and Prevention (CDC). Amazon.com Inc., the second-largest U.S. private employer, said its COVID-19 paid leave has been reduced to a maximum of 40 hours in a Jan. 7 notification to employees. Before…
Moderna CEO Claims People May Need 4th COVID-19 Shot in the Fall
January 7, 2022
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Moderna’s Chief Executive Officer Stephane Bancel said on Thursday that people may need a fourth COVID-19 shot in the fall of 2022 due to the efficacy of third shots likely declining in the next several months. “I still believe we’re going to need boosters in the fall of ’22 and forward,” Bancel said at a…
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