Showing: 1 - 4 of 4 RESULTS

Assam CM directs state officials to ensure tea garden workers receive bonuses before Durga Puja

Guwahati (Assam) [India], October 13 (ANI): Assam Chief Minister Sarbananda Sonowal on Tuesday in a meeting with District Collectors (DCs), and Superintendents of Police (SPs) via video conferencing in Guwahati directed the officials to ensure tea garden workers receive bonuses at the fixed rate before Durga Puja.

In a series of tweets, the Chief Minister’s office informed that Sonowal also reviewed the preparations for giving ‘land pattas’ to 1 lakh landless indigenous families by December 2020.

“Chief Minister Sarbananda Sonowal reviewed the progress of various schemes in a meeting with DCs and SPs via video conferencing in Guwahati. Inter alia, preparations for giving land pattas to 1 lakh landless indigenous families by December this year was deliberated in the meeting,” the CMO tweeted.

“The Chief Minister directed officials to ensure tea garden workers receive bonuses at the fixed rate before Durga Puja and ensure that all eligible beneficiaries avail benefits

Read More

Lowe’s gives $100 million more in bonuses to hourly employees

Shoppers wearing protective masks wait in line to enter a Lowe’s Cos. store in San Bruno, California, U.S., on Wednesday, May 20, 2020.

David Paul Morris | Bloomberg | Getty Images

Lowe’s said Wednesday it will give $100 million more in bonuses to hourly employees, as strong demand for home improvement continues.

It marks the sixth time the home improvement retailer has given additional pay to workers at its stores, distribution centers and support centers during the coronavirus pandemic. It gave bonuses to part-time, full-time and seasonal employees in March, May, July and August. It also increased pay by $2 an hour for the month of April. 

With the latest round, the home improvement retailer will have paid more than $675 million in additional pay to employees this year. It will pay the latest bonuses on Oct. 16. Full-time hourly employees will receive $300 and part-time and seasonal hourly employees

Read More

Overnight Health Care: House Democrats slam pharma CEOs for price hikes driven by revenue, executive bonuses | Ex-FDA employees express worries to Congress over politicization of vaccines

Welcome to Wednesday night’s Overnight Health Care, where we’re waiting to see if there’s going to be a deal on a new COVID-19 relief package.



a man wearing a suit and tie: Overnight Health Care: House Democrats slam pharma CEOs for price hikes driven by revenue, executive bonuses | Ex-FDA employees express worries to Congress over politicization of vaccines | Fauci said his mask stance was 'taken out of context' by Trump


© Washington Examiner/Pool
Overnight Health Care: House Democrats slam pharma CEOs for price hikes driven by revenue, executive bonuses | Ex-FDA employees express worries to Congress over politicization of vaccines | Fauci said his mask stance was ‘taken out of context’ by Trump

Top House Democrat: Parties ‘much closer’ to a COVID deal ‘than we’ve ever been’

Loading...

Load Error

The head of the House Democratic Caucus said Wednesday that the negotiators seeking an emergency coronavirus deal are “much closer” to a deal than they have been at any point during the long weeks of on-again-off-again talks.

Rep. Hakeem Jeffries (D-N.Y.) pointed to comments by Treasury Secretary Steven Mnuchin indicating a willingness to embrace $1.5 trillion in new stimulus spending – a number on par with

Read More

House panel says drugmakers inflated prices to boost profits and reap bonuses

The Democrat-led reports come just weeks before Election Day, and amid efforts by President Donald Trump to show progress on slashing drug costs, one of his 2016 campaign promises.

Neither company immediately responded to requests for comment.

Highlights: Celgene raised the price of cancer medicine Revlimid 22 times since it launched in 2005, more than tripling its price. Those hikes were not necessarily linked with rising costs or innovation: In 2014, for instance, former CEO Mark Alles ordered an emergency price increase so Celgene could meet its quarterly revenue targets.

“I have to consider every legitimate opportunity available to us to improve our Q1 performance,” Alles wrote in an email. He appears before the committee Wednesday along with Bristol CEO Giovanni Caforio.

Bristol continued with another increase after buying Celgene last year. Revlimid now costs more than $16,000 a month.

The panel’s report also details tactics that Teva Pharmaceuticals used

Read More