Tribune News Service
Business Budget for Tuesday, June 25, 2019
Updated at 4:30 a.m. EDT (0830 UTC)
This budget is now available at TribuneNewsService.com, with direct links to stories and art. See details at the end of the budget.
^Treat workers as employees? Uber, Lyft and others are scrambling for a compromise<
^WRK-UBER-LYFT:LA—<Faced with a looming threat to their way of doing business, Uber, Lyft and other major on-demand companies are trying something they've historically been reluctant to do: seeking compromise.
Anxious to preserve the freelance work arrangements upon which they've built their vast workforces, these companies have been pushing for a grand bargain that will satisfy labor groups' demands and stave off a California bill that could force them to treat workers in the state as employees — an outcome that would damage their hopes of long-term profitability.
2200 by Johana Bhuiyan. MOVED
^Alexa, how many dogs come to work at Amazon Seattle? 7,000<
WRK-AMAZON-DOGS:LA — Casually dressed techies, blue badges flapping, dart past construction workers during morning rush hour at the global headquarters of Amazon, the juggernaut accelerating the growth of our on-demand culture.
A company food stand dispenses free bananas to commuters streaming between the sleek Amazon office towers that have invaded a light-industrial district on the shore of Seattle's Lake Union. Gardeners in a glass and steel sphere step back to admire a rare corpse flower in bloom.
Through it all weave hundreds of dogs, whose presence may be the ultimate workplace perk — especially in Seattle, where canines outnumber kids. More than 7,000 dogs are registered to come to work at Amazon's offices here, compared with 6,000 a year ago.
1600 by Richard Read in Seattle. MOVED
^WORKPLACE & CAREER STORIES<
^Auto mechanic shortage prompts hiring call from AutoNation<
^WRK-AUTO-MECHANIC:FL—<AutoNation, the country's largest automobile retailer, is putting out a nationwide call to hire more than 500 service technicians for its service and collision centers.
The Fort Lauderdale-based company is seeking to avoid effects of an auto mechanic shortage that grows worse as baby boomers retire from the profession.
Today's mechanics must be proficient with computer diagnostics and use of tools. But with unemployment at historic lows, analysts say fewer young people are entering the profession for reasons ranging from the dirty, hands-on work environment to uncertain paths for advancement.
300 by Ron Hurtibise. MOVED
^DAILY MARKETS GRAPHIC <
Find here a daily Wall Street roundup graphic featuring Dow Jones Industrial Average, S&P 500 and Nasdaq data.
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^Barbara Whelehan: 6 last-minute retirement planning strategies<
^REAL-BANKRATE:MCT—<Are you facing imminent retirement with nothing but Social Security and pocket change for your so-called "golden years"? It may not be too late for you to catch-up on your savings.
If everyone saved a decent chunk of their income throughout their career and never dipped into savings to deal with emergencies, all could enjoy a cushy retirement. But in reality, many people find they are rapidly approaching retirement age without nearly enough savings.
If this situation is all too familiar to you, don't worry — you still have several options to get your retirement savings back on track. Implementing these last-minute solutions may not work as well as long-term retirement planning, but it's better than doing nothing at all.
1300 by Barbara Whelehan. MOVED
These features regularly move on Tuesday:
^Liz Reyer: When the top bosses don't agree, you need to get involved<
^WRK-REYER-QA:MS—<I'm feeling powerless and frustrated at work. I'm responsible to help execute strategy, but the team of executives responsible for defining it can't seem to agree. It's hard to get things done. How can I handle this?
500 by Liz Reyer. MOVED
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