Bosses pocket Trump tax windfall as workers see job promises vanish

AT&T, General Motors and Wells Fargo vowed to use tax cuts to create jobs. In fact, they did the opposite Stephen Smith worked at an AT&T call center in Meriden, Connecticut, for over 20 years before the giant telecoms company announced it was closing the citys three call centers in February 2019. At 46 years old, Im looking for a new job, Smith said. They basically told us we either need to move south or lose our job. It was out of the blue. We had no idea. Smith and about 90 of his colleagues were offered severance packages or the option to relocate to Georgia or Tennessee. But for most workers who have spouses with their own careers, elderly …

MedMen expands its cannabis retail empire to Florida

San Francisco (CNN Business)MedMen Enterprises, one of the larger cannabis dispensary operations in the US, is zeroing in on Florida as it continues its US expansion. In 2017, Florida began regulated medical marijuana sales in which doctors could authorize or recommend cannabis for patients with certain diseases and ailments. The state restricted the number of businesses licensed to sell to those patients. MedMen is one of 14 licensed operators in the state, each of which can open up to 35 dispensaries across Florida. The 35-store cap is slated to expire in April 2020. Florida has taken steps this year to loosen its medical marijuana laws, including allowing for the sale of smokable cannabis and increasing the number of licensed operators …

Global markets rocked as US-China trade and tech rift deepens

Shares fall sharply in Asia, Europe and North America in intensifying war of words The deepening trade and technology war between the US and China has sent global stock markets sharply lower and prompted a warning from the IMF of the increasing risks to the global economy. Shares fell sharply in Europe and North America on Thursday as investors took fright at the the intensifying war of words between Washington and Beijing, poor news on the American economy, and political chaos in Britain. Selling continued in Asia Pacific on Friday with the MSCIs broadest index of shares outside Japan down 0.2% to a fresh four-month low. It was on track for a third straight weekly loss. The Nikkei was off …

No women anything’: Trump Fed pick Stephen Moores list of misogynistic remarks

Economic commentator and former Trump campaign adviser has a long history of making offensive comments about women Donald Trumps attempts to fill the vacancies on the Federal Reserve board are not going very well. On Monday, Herman Cain, a pizza mogul, long history of making misogynistic statements. A 2002 column of his for the National Review, for example, sets out his views on the role women should play in mens college basketball. Heres the rule change I propose: No more women refs, no women announcers, no women beer venders, no women anything. Like all rules, this one has an exception: Women are permitted to participate, if and only if, they look like Bonnie Bernstein, Moore wrote. He also suggested the …