Startup culture and the “sharing economy” could be replacing the traditional American Dream of freedom of lifestyle choice and the ability to own a home, according to a new survey paralleling research conducted in 1986. Young white Americans have become as hopeless regarding the “American Dream” as their non-white counterparts, according to a poll conducted among US 18 to 34-year-olds,... 

The federal government uses very carefully manipulated numbers to cover up the crushing economic depression that is going on in this nation. For the month of September, the federal government told us that 142,000 jobs were added to the economy. If that was actually true, that would barely be enough to keep up with population growth. Sadly, the truth is that the real numbers were actually far worse... 

Germans who make racist anti-migrant posts could have their children snatched by the state and be fired from their jobs, according to the German Lawyers’ Association. In an article entitled Racism and parenting: Threatening loss of custody?, lawyer Eva Becker, Chair of the Working Group on Family Law in the German Bar Association, outlines the conditions under which “xenophobic” Facebook posts... 

The Republican presidential frontrunner laid out a set of tax proposals on Saturday, including a zero rate for those with low incomes and tax cuts for corporations; however, Wall Street financiers would have to pay more. Republican presidential frontrunner Donald Trump gave an outline of his tax plans for the presidency on Saturday, including a proposal to impose higher taxes on Wall Street bankers,... 

Royal Dutch Shell has announced plans to lay off 6,500 jobs this year due to global decline in oil prices. While announcing a 35% decrease in its profit, a statement from the company says it is intending to slash operating costs for 2015 by 10%. The London-listed oil firm said it may force to cut more jobs next year warning that lower oil prices could continue for several years. “We’re taking... 

Barclays has reportedly announced plans to cut more than 30,000 jobs within two years, in a move that comes just two weeks after the bank’s chief executive Antony Jenkins was fired. More than 30,000 employees of Barclays, the seventh-largest bank in the world in terms of managed assets, will be laid off within the next two years, in a development that comes amid the bank’s efforts to speed... 

World’s software giant, Microsoft, says it is planning to cut about 8,000 jobs while reorganizing its Windows Phone unit, which is facing fierce competition in global mobile market. The move to cut 7,800 jobs, which was announced on Wednesday, represents the company’s second major round of layoffs in a year. Microsoft also slashed about 18,000 jobs a year ago in a bid to integrate the Nokia handset... 

Jostling for the Republican presidential primaries is well underway, but Jeb Bush’s latest comments will not have endeared him to the US public. The White House hopeful says Americans should work longer hours. His comments drew criticism from Democrats. Speaking in Hudson, New Hampshire, Bush said he would be looking to improve the economy, if elected in November 2016, but in order to achieve this,... 

A truck manufactured by Germany’s MAN SE. The company has decided to lay off 1,800 jobs. Germany’s MAN SE has decided to lay off as many as 1,800 jobs in the next two years as part of its cost-cutting policies. The respected truck maker said in a statement that it plans to “realign” some its divisions in Germany, Austria and Poland “avoiding duplication of work … streamlining its indirect... 

US real estate mogul and billionaire Donald Trump slammed the Obama administration over its Trans-Pacific Partnership (TPP) trade deal, labeling it as disastrous and warning that it will encourage US companies to slash domestic jobs. “The new trade deal is a disaster,” The Hill quoted Trump as saying at the South Carolina Freedom Summit in Greenville, South Carolina. “They don’t talk about... 

US car maker Ford is cutting 700 jobs at its Michigan plant to compensate for declining of sales. It was said in the statement of the carmaker issued on Thursday. First 200 workers will fired in June at the Michigan Assembly Plant, in the Detroit suburb of Wayne, other 200 at the end of July and the remainder at the end of September. Low gasoline prices have hurt the sales of the plant, which produces... 

A demonstrator clashes with military police officers during a protest in Brazil’s capital city of Brasilia on April 7, 2015. Thousands of workers have staged rallies across a dozen cities in Brazil to protest against a proposed law that would allow companies to outsource jobs. The Tuesday rallies were organized by the Central Workers Union (CTB), Brazil’s largest labor union umbrella organization,... 

In June 2014 the National High Court of Spain deemed illegal the layoff of 1200 workers in Coca Cola’s bottling plant in Madrid. 9 months have gone by and Coca Cola still has not complied with the law. Moreover, the National Court has also condemned the multinational company for denying its workers the right to strike. The trade unions claim that Coca Cola never had an intention to negotiate. The... 

A driverless vehicle, known as a Meridian shuttle, is seen in central London on February 11, 2015. Britain has launched a multi-million-pound project to develop the technology of driverless cars, giving the green light to the testing of the futuristic vehicles on public roads. UK officials told AFP on Wednesday that driverless cars would improve road safety and create jobs for Britons in the sector.... 

German Industrial machinery maker Siemens has said it will slash 7,800 jobs worldwide as part of a restructuring plan aimed at saving almost one billion euros (USD 1.14 billion). “In a drive to streamline administrative and overhead functions, about 7,800 jobs are to be cut worldwide, including some 3,300 in Germany,” the company said in a statement released on Friday. Joe Kaeser, the...