Another huge unemployment wave is coming—and there’s an obvious way to stop it

Congress must act now, or millions more workers will lose their jobs without a safety net to catch them. Every job we lost has a ripple effect, and all the warning signs for our economy are flashing red. 

Since the pandemic began, 55 million Americans have filed for unemployment. That’s not even counting the undocumented workers who are ineligible for benefits or parents—mainly women—who left the workforce to care for their kids.

Without a real relief package, millions more will soon join them, including hundreds of thousands of flight attendants, pilots, baggage handlers, gate agents, and other aviation workers.

So far, almost no aviation workers are out of work, thanks to the Payroll Support Program our unions fought for in the CARES Act. The program stabilized 2.1 million jobs so efficiently that overwhelming bipartisan majorities in both chambers support a clean extension.

But if there’s no relief package, aviation … Read the rest

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View: India needs to understand a new source of monopoly power: the network effect

The question is complicated by a separate but important issue: checking monopoly power bestowed by the internet on early movers. Historically, a monopoly was defined as a producer, or bunch of producers, gaining such a high market share that they could manipulate prices and supply to mulct consumers.

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Kamala Harris could be the best thing that ever happened to Big Tech

The giants of Silicon Valley have endured a rough year in Washington, DC but, with Joe Biden’s selection of Kamala Harris as his Democratic running mate, things are looking up for the industry. Namely, Harris as Vice-President could turn down some of the political heat on the industry.

Sure, the office of Vice President is hardly a hotbed of influence (as anyone who has watched the show Veep is aware). But given Biden’s age, and his signals that he will only serve one term if elected, the choice of Harris is more consequential than any other VP pick in recent years—and a blessing for Big Tech.

Until yesterday, Silicon Valley faced the prospect of Biden selecting a running mate such as Susan Rice or Tammy Duckworth who had few ties to their industry, or else Elizabeth Warren—an active scourge of the tech giants who had vowed to break up the … Read the rest

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CRPF to provide extra cover to Jammu and Kashmir sarpanches and political workers

A year after the abrogation of Article 370, militants have stepped up attacks on political workers affiliated to the BJP. On Monday, unidentified terrorists hurled a grenade outside the residence of BJP panchayat member Bhupinder Singh near Pulwama in southern Kashmir. This was the latest incident in a string of attacks targeting BJP workers and leaders in the Valley.

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Plastiques Flexibülb Inc Obtains the Prestigious Bombardier Diamond Certificate for a Second Consecutive Year.

TROIS-RIVIÈRES, Quebec — Plastiques Flexibülb Inc, a Canadian manufacturer of non-metallic components for the aerospace industry, was awarded the prestigious Bombardier Diamond Certificate for their 2019 performances, repeating the previous 2018 achievement. Read More

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Kroger launches an online marketplace to better fight Amazon and Walmart

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The online grocery wars are about to get more intense.

Kroger, the largest U.S. operator of grocery stores, said on Monday it is expanding its two-year Kroger Ship program by integrating it with a new marketplace of third-party sellers. The company did specify when it will launch the platform, which will allow the grocer to expand its product selection by 50,000 items.

The move looks to build on the 92% increase in digital sales in Kroger’s first fiscal quarter, and make the company, a relatively late arrival to the online grocery wars, more competitive with Amazon, Target, Costco, and Walmart, all of which also saw their online grocery sales explode during the coronavirus pandemic.

Those chains’ massive general merchandise selections give them a big edge … Read the rest

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