When employees are not satisfied with their benefits and how they are being managed, expect that delivery work is unsatisfactory. Worst is they will go on strike if their demands are not granted.
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273,000 retirees could face benefits cut
Central State Pension Fund executive director, Thomas Nyhan said in a statement that around 273,000 current and future retirees will be affected with its latest benefits cut. The country's largest pension fund is currently facing financial problem due to 2008 financial crisis and the latest economic uncertainty.
Facebook 'Reactions' to have a pilot test in Spain and Ireland
Facebook unveils animated emoticons, Reactions, to go with the 'like' button. The six emojis will have a pilot test in Spain and Ireland. Alongside the 'like' button, Facebook will pilot the Reactions. In particular, it is a set of emoticons including angry, sad, wow, yay, ha-ha and love, Tech Crunch gives details.
China Resources to offload stake in Wal-Mart China for $525mn
China Resources SZITIC Trust Co Ltd, a unit of China Resources Corp, is planning to divest minority stake in Wal-Mart Stores Inc. The state-backed China Resources Trust has a minority stake in the US retailer's operations in China. Wal-Mart Stores Inc has 21 Wal-Mart outlets in China. China Resources has listed its stake for sale at Yuan3.3billion ($525million). It's estimated that China Resources has 35 percent stake in the Wal-Mart outlets in China. Wal-Mart believes the transfer of minority stake doesn't impact the operations in China.
Amazon rolls out new service: 'Amazon IoT'
Adding one more tool to the Internet of Things (IoT), Amazon Web Services (AWS) has announced the launch of 'Amazon IoT,' a new service from the online retailer.
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The San Francisco-based ride-hailing company Lyft has teamed up with Hertz Global Holdings Inc for offering rental cars to its drivers. Hertz offers car rentals on daily, weekly and monthly basis and now these services will be available as part of the agreement with Lyft, which offers rental cars to drivers who don't have their own cars or meet Lyft standards. On a pilot basis, Lyft plan with Hertz is available for drivers in Las Vegas and it will expand this plan to other locations soon. Lyft has also partnered with Shell for providing gasoline at discounted price to its drivers.
Marking a major feature since its inception in 2006, Twitter has released new app 'Twitter Moments' for bringing news updates to its users. Twitter Moments tool keeps up the users about news breaks without the need to watch multiple news platforms reducing time and effort. Twitter Moments app works on iOS, Android, and desktop and is initially available for US market only.
The American Academy of Arts and Sciences released a recent report detailing where most of the people's money were being put into, which revealed that 11 of the states in America are spending more on prison institutions than on higher education.
Microsoft Corporation introduces Microsoft Band 2. It will be on sale for $249 starting October 30. The new Microsoft Band fitness tracker was unveiled on Tuesday. It will run on Windows 10 OS. The wearable band will be available for $249.
Dean leaves Sam to help Jenna and the baby to safety and then returns to town to help his brother. Unfortunately, Jenna will also be in danger, leaving Dean to face the most difficult decision in his life.
Peter Capaldi responded to the show's cancellation rumors and revealed the series' issues with the government. Also, he confirmed that he will leave the show after Season 9.
A love triangle may develop in "Teen Wolf" Season 5 as Stiles and Lydia finally got the chance to be together, but Stiles' current girlfriend Malia will fight for their relationship. On the other hand, screenwriters plan for more screen time for "Stydia."
The Expendables 4 could be in the works as claims suggest that Sylvester Stallone has started choosing actors for the film. Hulk Hogan and Dwayne Johnson are heavily linked to join the cast, while Stallone is courting Salman Khan to go on board
2K Games has officially released a new set of NBA 2K16 Locker Codes that will unlock nine NBA superstars and icons such as Michael Jordan, Shaquille O'Neil, LeBron James, Stephen Curry, Isaiah Thomas and more. Also, a glitch uncovered in the game can allow gamers to earn unlimited Virtual Currency (VC) while it's not yet patched.
