Fast food outlets in California, US [quick service restaurants, or QSRs] have slashed almost 10,000 jobs in response to the state’s newly implemented $20 minimum wage. The figure was released by the Hoover Institution, a public policy think tank affiliated with Stanford University, Fox 5 News has reported. The California Business and Industrial Alliance (CABIA) […]
By Clare Jim and Xie Yu HONG KONG (Reuters) – A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, a move likely to send ripples through China’s crumbling financial markets as policymakers scramble to contain a deepening crisis. The decision to liquidate the world’s most indebted developer with more […]
WASHINGTON (AP) — The IRS said Tuesday it is going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 per year for tax years 2020 and 2021. Nearly 5 million people, businesses and tax-exempt organizations — most making under $400,000 per year — will be eligible for […]