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Thousands line up to work for Amazon: ‘I just need a job’

Thousands line up to work for Amazon: ‘I just need a job’
Written by Carson Martin on 2017-08-02


BALTIMORE – Lisa Pendry has been laid off eight times since 2008, and each time it’s been even harder to find a new job.This time, she’s spent three months searching. But it’s tricky to find companies that are hiring, she says, and even more difficult to get an in-person interview.Which is why she woke up early, put on a flowered top and arrived at this parking lot in Baltimore, eager to...(Read More)

The 401(k) match is back, and it’s getting bigger

The 401(k) match is back, and it’s getting bigger
Written by Carson Martin on 2017-07-18


A common axiom among investors is to save early and often. Let time do the rest.If you save enough, the thinking goes, the stock market’s inexorable path upward will make you rich. And if you save in a tax-sheltered retirement savings account, you may get there faster.One of the best tools to get there over the past three decades has been the 401(k) — and the corporate match — free money! —...(Read More)

An inside look at how Koch Industries does business

An inside look at how Koch Industries does business
Written by Carson Martin on 2017-07-01


Charles and David Koch are best known for their controversial political empire, where they ply their combined personal fortunes of nearly $96 billion into conservative causes and candidates across the nation.They’re less known for the business empire that’s enabled that wealth: Koch Industries. One of the United States’ biggest companies — whose annual revenue of $100 billion is more than...(Read More)

The big missteps that brought an American retail icon to the edge of collapse

The big missteps that brought an American retail icon to the edge of collapse
Written by Carson Martin on 2017-06-04


Walk into a Sears these days, and you’ll see an icon of American retailing collapsing before your eyes. On a May visit to the Falls Church store, the floors in the refrigerator aisles were splotched with brown stains. Over by the exercise equipment, the walls were scuffed and had wires hanging out of them. There were empty shelves in the shoe department. And in the tools section. And the men’s...(Read More)

An atomic town revels in its plutonium past as tunnel collapse raises contamination concerns

An atomic town revels in its plutonium past as tunnel collapse raises contamination concerns
Written by Carson Martin on 2017-05-11


This town at the edge of the Hanford nuclear site long ago made its peace with the facility’s history of producing plutonium for nuclear bombs.Bomber’s Drive-Thru sells milkshakes and burgers. The Richland High School mascot is the Bomber, and a mushroom cloud is painted on the gymnasium floor. There’s Atomic Bowl, Atomic Foods, Atomic Auto Body, Atomic Scuba. The Atomic Ale Brewpub &...(Read More)

Puerto Rico, with $73 billion in debt, forced toward bankruptcy

Puerto Rico, with $73 billion in debt, forced toward bankruptcy
Written by Carson Martin on 2017-05-04


Puerto Rico teetered into insolvency Wednesday as the chronically troubled U.S. territory of 3.4 million citizens buckled under its ever-increasing debt, which stands at $73 billion.The process that Puerto Rico has undertaken is a prelude to bankruptcy, but in this case it is tailored for governments. Given the size of the debt, it would be the largest such insolvency in U.S. history, far outstripping...(Read More)

‘It can’t just be a march. It has to be a movement.’ What’s next for climate activists?

‘It can’t just be a march. It has to be a movement.’ What’s next for climate activists?
Written by Carson Martin on 2017-05-01


“Okay, so what’s next?” said Gene Karpinski, president of the League of Conservation Voters, on Sunday morning as he looked out at the nearly 100 women gathered inside a meeting room at Union Station.Less than 24 hours earlier, they had joined tens of thousands of demonstrators on a sweltering day in the nation’s capital for the latest mass protest of the Trump era. The Peoples Climate March...(Read More)

In Canadian lumber town, real fears over a trade war with Trump

In Canadian lumber town, real fears over a trade war with Trump
Written by Carson Martin on 2017-04-28


QUESNEL, B.C. — Brett Gosselin, a lumberjack like his father before him, lives his life in solitary 12-hour shifts in the vast pine forests that stretch across the Canadian north, master of a gigantic whirling buzz saw that can fell several 100-foot trees in a single crashing roar.The isolation, or risk of injury, holds no terror for him. But on an afternoon when the future of North America’s...(Read More)

Trump seeks 15 percent corporate tax rate, even if it swells the national debt

Trump seeks 15 percent corporate tax rate, even if it swells the national debt
Written by Carson Martin on 2017-04-25


President Trump is pursuing a drastic cut in the corporate tax rate, a move that is likely to grow the national debt and breach a long-held Republican goal of curbing federal borrowing.The president has instructed advisers to propose cutting the corporate tax rate from 35 percent to 15 percent, according to White House officials who said they were not authorized to speak publicly about the plan....(Read More)





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