Tag:

Economics

Trump Wants US Treasury To Stop Making Pennies: Here's Why Trump Wants US Treasury To Stop Making Pennies: Here's Why
Trump Wants US Treasury To Stop Making Pennies: Here's Why President Donald Trump is calling for an end to the production of pennies, arguing that the cost of minting them far exceeds their actual value.  As he departed the Super Bowl in New Orleans on Sunday night, Trump took to Truth Social to announce his directive to halt penny production, calling it a "wasteful" government expense. "For far too long the United States has minted pennies which literally cost us more than 2 cents," Trump wrote. "Let's rip the waste out of our great nations budget, even if it's a penny at a time." The financial burden of the penny has long been debated. Acco…
Marriott Plans To Lay Off Over 800 Corporate Employees Marriott Plans To Lay Off Over 800 Corporate Employees
Marriott Plans To Lay Off Over 800 Corporate Employees Global hotel chain Marriott International is planning to lay off hundreds of employees by the start of the new year. According to a Maryland Work Adjustment and Retraining Notification (WARN) filing, the company, based in Bethesda, listed 833 people slated to lose their jobs by Wednesday, Jan. 3. Despite the development, Chief Executive Officer Anthony Capuano said business is solid. "Our business momentum is excellent, and as a company that embraces change, we continue to evolve our business to support our global growth," Capuano said in a third-quarter earnings call late last month,…
Kutztown University Professor Found Frozen To Death On One Of Turkey's Tallest Mountains Kutztown University Professor Found Frozen To Death On One Of Turkey's Tallest Mountains
Kutztown University Professor Found Frozen To Death On One Of Turkey's Tallest Mountains An associate business professor at Kutztown University has died after he and another man's bodies were found frozen on one of the tallest mountains in Turkey last weekend, according to university administrators and local news reports.  Dr. M. Halim Dalgin a 58-year-old Adana, a Turkey native living in Mountain Top, Luzerne County, had been climbing a mountain near the country's southeastern border with Iran, multiple outlets report.  On his Facebook page, Dalgin said he was making a pilgrimage to the top of Mount Ararat (also known as Mount Ağrı or Büyük Ağrı Dağı) while travelin…