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Ford says cutting U.S. salaried jobs, doesn’t say how many

“(Reuters) – Ford Motor Co confirmed on Wednesday it is cutting an unspecified number of U.S. salaried jobs as part of a global reorganization announced last year” writes Midwest Communications Inc for 95kqds.com. He said the restructuring “has resulted in some separations of salaried employees and the reassignment of others.”. General Motors Co is halting production in five plants in North America and has cut about 8,000 salaried jobs, or 15 percent of its white-collar workforce.Ford said last year it was working to reorganize its global salaried workforce that will…

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This is the happiest city in America — and it isn’t in California or Hawaii

“The third happiest city, Madison, Wisconsin, scored a third place ranking in emotional and physical well-being, 14th place ranking in income and employment and a seventh place ranking in community and environment” writes Sarah Berger for cnbc.com. San Francisco ranked as the city with the highest income growth and Gulfport, Mississippi had the lowest. Source: cnbc.com

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Big pharma in the dock as America blames it for the opioid epidemic

“Across the political spectrum, big pharma is under attack for alleged price gouging and its role in the opioid epidemic which has swept the country” writes Ben Marlow for telegraph.co.uk. A raft of plaintiffs – including 35 states and around 1600 districts – are seeking redress from the courts with some of the biggest names in the industry, including the five largest manufacturers of painkillers, in the dock.The US pharmaceutical industry has achieved the impossible.Already at the wrong end of what is believed to be the biggest cartel case in…

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The most stressful job in America pays $26,802—here are the other 9

“Most people think their jobs are stressful, but some may be more entitled to complain than others” writes unknown author for cnbc.com. Throw some danger into the job description and you’ve got the perfect storm, at least according to an analysis by CareerCast.A survey conducted by CareerCast found that 78 percent of people feel unduly stressed at work, rating their job stress at a seven or higher on a 10-point scale — that’s up from the 69 percent who said the same only two years ago. Source: cnbc.com

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Tim Carney: America is a land of opportunity with many pockets of despair

“We see that many parts of America have incredible economic mobility, but many regions are dreadful on that score” writes Timothy P for marketwatch.com. America may still be the “Land of Opportunity,” he found, but it’s really many lands of opportunity and many other lands of hopelessness.Economic mobility is not really decreasing in America, most of the numbers show.They’ll say there’s no crisis of economic mobility. Source: marketwatch.com

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America is a land of opportunity with many pockets of despair

“We see that many parts of America have incredible economic mobility, but many regions are dreadful on that score” writes Timothy P for marketwatch.com. America may still be the “Land of Opportunity,” he found, but it’s really many lands of opportunity and many other lands of hopelessness.Economic mobility is not really decreasing in America, most of the numbers show.They’ll say there’s no crisis of economic mobility. Source: marketwatch.com

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Service America turns over 4,693 unclaimed refunds to state Division of Unclaimed Property

“Former Service America customers who believe they are owed money can look up their names at www.FLTreasureHunt.org” writes Ron Hurtibise for sun-sentinel.com. Now the company has turned that money over to the state Division of Unclaimed Property.Home warranty provider Service America, which went out of business late last year, said hundreds of refund checks it sent customers for unused contract periods were not cashed. Source: sun-sentinel.com

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Ford discussing closure of two Russian plants: sources

“MOSCOW (Reuters) – Ford Motor Co is considering closing two major plants in Russia as part of its global plan to restructure operations in unprofitable regions, three industry sources told Reuters” writes Midwest Communications Inc for 95kqds.com. Faced with fourth-quarter losses in every part of the world outside North America, Ford is making cuts in Europe, closing down vehicle lines in South America and laying off thousands of workers in China. In Russia, where Ford’s plants have a total production capacity of 360,000 vehicles a year, Ford could close its…

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