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☆ Deutsche Bank set to finalise Postbank IT integration project this weekend
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +1 min

FRANKFURT, June 30 (Reuters) - Some Deutsche Bank (DBKGn.DE) customers will not have access to all services this weekend as the bank completes the merger of its IT platforms with Postbank customers, a project that will save hundreds of millions of euros in the years to come. In the fourth and final wave of the integration process this weekend, Deutsche Bank will transfer 4 million contracts of 2 million Postbank customers to a common IT system, a Deutsche Bank spokesperson said. It will mean that customers will not have all access to all services over the weekend, which the bank has communicated on Twitter and elsewhere. Deutsche Bank is currently in the process of cutting costs and reducing headcount, and the Postbank technology integration, dubbed internally as project "Unity", will eventually bring savings of 300 million euros ($325.29 million) a year by 2025, the bank has said. After completion, Deutsche will have 19 million customers' contracts from Postbank on a single platform, a milestone for CEO Sewing as he continues to turn around the bank after years of losses and scandals.

Persons: Deutsche, Tom Sims, Miranda Murray, Jane Merriman Organizations: Deutsche Bank, Twitter, Sewing, Deutsche, Postbank, Thomson Locations: FRANKFURT

☆ Factbox: A look at the US Supreme Court's major rulings this year
▼ + stars: | 2023-06-30 | by ( Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | Zach Warren | ) www.reuters.com time to read: +7 min

Here is a look at some of the rulings issued by the court this term. STUDENT LOANSThe justices on June 30 blocked President Joe Biden's plan to cancel $430 billion in student loan debt. The court elected not to further roll back protections contained in the Voting Rights Act as it had done in two major rulings in the past decade. The ruling against Republican state legislators stemmed from a legal fight over their map of North Carolina's 14 U.S. House districts. The court ruled that state prosecutors had not shown that he was aware of the "threatening nature" of his statements.

Persons: Kevin Lamarque, Constitution's, Joe Biden's, Donald Trump, Biden, Joseph Percoco, Andrew Cuomo, Louis Ciminelli, John Kruzel, Andrew Chung, Will Dunham Organizations: U.S, Supreme, REUTERS, Harvard University, University of North, Harvard, UNC, Black, Republican, U.S . House, U.S . Environmental Protection Agency, EPA, Biden, Democratic, Postal Service, New, Thomson Locations: Washington , U.S, University of North Carolina, Alabama, U.S, Idaho, Texas, Louisiana, Washington, Colorado

The Supreme Court ordered the 3rd Circuit to reconsider the matter. The Supreme Court, with its 6-3 conservative majority, has a track record of expanding religious rights, often siding with Christian plaintiffs. Groff's attorneys had asked the Supreme Court to overturn the Hardison precedent and require companies to show a "significant difficulty or expense" before denying an accommodation. The Postal Service in 2013, in a bid to remain profitable, contracted with Amazon.com to deliver packages, including on Sundays. His absences caused tension among other carriers who had to cover his shifts, the Postal Service said.

Persons: Gerald Groff, Hardison, Groff, Andrew Chung, Will Dunham Organizations: U.S, Supreme, Postal Service, Circuit, Appeals, Civil, VII, Airlines, Amazon.com, Thomson Locations: Pennsylvania, Philadelphia, Pennsylvania's Lancaster, United States, Colorado, Washington

☆ A new Texas law will override mandated rest and water breaks for construction crews as extreme heat rises
▼ + stars: | 2023-06-29 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Some construction crews in Texas are no longer guaranteed water breaks under a new law. Critics say the law will override the few protections that construction workers in Austin and Houston are guaranteed, including 10-minute breaks every four hours to drink water and rest in the shade. The agency in 2021 started collecting information to help inform a national heat standard for indoor and outdoor workers, but a final rule could be years away. Mahaleris said the law wouldn't prohibit people from taking water breaks. "Access to drinking water and bathrooms, taking breaks in the shade — and there's also an education component that's important."

Persons: Greg Abbott, Daniela Hernandez, Abbott, Andrew Mahaleris, Mahaleris, Hernandez, Lulu Flores, there's Organizations: Service, Central America, Workers Defense Project, Occupational Safety, Health Administration, OSHA, Texans, Big, National Park Service, US Postal Service, Democrat, Austin, GOP Locations: Texas, Texas , Louisiana, Mexico, Central, Austin, Houston, Texas . Texas, California , Minnesota, Washington, North Texas, West Virginia, East Texas

Read our review Read Our Review A looong arrow, pointing rightThe Ink Business Preferred® Credit Card offers a huge welcome bonus and solid earning and benefits for a moderate annual fee. Chase Ink Business Preferred Review: Is It the Best Credit Card for You? Read our review Read Our Review A looong arrow, pointing rightChase Ink Business Preferred Annual Fee and Other CostsThe Ink Business Preferred® Credit Card has a $95 annual fee, but if you can take advantage of the bonus categories and benefits, it's well worth it. The Ink Business Preferred® Credit Card is a small business card, so you must have a business (even a part-time one, or a side gig) to qualify. Methodology: How We Reviewed the Chase Ink Business PreferredThe credit card experts at Insider reviewed the Ink Business Preferred® Credit Card in comparison to other small-business cards with similar annual fees and features.

Persons: You'll, We're, Chase, Cash, I'd, you'll, aren't, you've, It's Organizations: Reading Chevron, Chase, Shipping, Chevron, Ink, Apple, Chase Ink, Cell, Business, Chase Sapphire, Chase Sapphire Reserve

☆ Supreme Court Sides With Postal Carrier Who Refused to Work on Sabbath
▼ + stars: | 2023-06-29 | by ( Abbie Vansickle | Adam Liptak | ) www.nytimes.com time to read: +1 min

The impact of the ruling could affect countless workplaces and could require many employers to make substantial changes to accommodate religious workers. The latest decision may be less divisive than some of the court’s recent rulings on religion, in part because protecting observance of the Sabbath may not split Americans along the usual lines. Indeed, liberal justices have tried in the past to shield workers from discipline and termination for following their faith, and all three on the court signed onto the decision. The case was brought by Gerald Groff, an evangelical Christian and former missionary who worked as a substitute mail carrier. After the Postal Service made a deal with Amazon in 2013 to deliver packages on Sundays, Mr. Groff said he had to choose between his faith and his livelihood, opting to quit after being disciplined for missing work.

Persons: Trump, Gerald Groff, Groff Organizations: Postal Service, Amazon Locations: Maine, Montana, Philadelphia

☆ With month before strike deadline, Teamsters walk away from talks with UPS
▼ + stars: | 2023-06-28 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —The Teamsters union says it has walked away from negotiations with United Parcel Service with just over a month to go before its contract expires. In fact, most union labor negotiations include a strike authorization vote by rank and file, and most negotiations conclude with an agreement rather than a strike. Even if they vote no, it does not mean a strike is inevitable, especially this far from a strike deadline. UPS CEO Carol Tome has insisted there can be a deal reached that is a win for the union members, the company and its customers. Teamsters point to record UPS profitsThe Teamsters haven’t publicly disclosed the wage increase union negotiators are seeking.

Persons: Sean O’Brien, “, ”, Carol Tome, Teamsters haven’t, O’Brien Organizations: New, New York CNN, Teamsters, United Parcel Service, UPS, ” Unions, Disney, FedEx, US Postal Service Locations: New York

☆ I make 6 figures working 20-hour weeks as a freelance writer. Here's what my typical day looks like hour by hour.
▼ + stars: | 2023-06-27 | by ( Zulie Rane | ) www.businessinsider.com time to read: +13 min

Zulie Rane is a freelance writer who earns six figures a year while working around 20 hours a week. At the end of this article, you should have a solid idea of what it's like to be a freelance writer. 7:00 - 8:00 a.m: Start the day (for real this time)I start a day in the life of a freelance writer with an alarm. After all, it's not just a day in the life of a freelance writer — it's a day in the life of a freelance writer and her two cats. Hopefully this snapshot of my Mondays gives you a good idea of what it's like to be a freelance writer.

Persons: Zulie Rane, —, Astrid, dislodging, it's, Sally, — it's, Slack, I've, I'm, you've, there's, Here's Organizations: Service, Twitter Locations: Boston, Salem, Euronews, Spain

Our experts choose the best products and services to help make smart decisions with your money (here's how). Fraudulent activity by scammers trying to get your personal information has increased significantly. Check washing, robo calls, and even student loan forgiveness scams can walk scammers right into your bank account. Student loan forgiveness scamHow it works: Under the Biden Administration, student loan forgiveness applications opened in 2022. Be skepticalRight now, money scams are at an all-time high.

Persons: —, scammers, they're, It's Organizations: Service, Biden Administration, Social, Department of Education, US Postal Service

The guarantors were listed as Elma Santos Preven and Gercino Dos Santos, according to signatures on the court documents that were unsealed. But Santos’ father and aunt “agreed to be personally responsible” for the congressman’s compliance with the terms of his release, the order noted. The family members’ names were revealed Thursday after Santos and his lawyer lost an appeal to keep the identities of the bond co-signers under seal. Santos had argued that he needed to shield his bond co-signers to protect their privacy and risked having them with withdraw their support once their names became public. Santos Preven, who also has donated to her nephew’s congressional campaign, was described as a mail handler for the US Postal Service, in an FEC donation record from October 2021.

Persons: George Santos ’, Elma Santos Preven, Gercino Dos, Santos ’, “, ”, Santos, Santos Preven Organizations: CNN, New York Republican, Representatives, Commission, US Postal Service, Congressional, New York Republicans Locations: New York, York, Long

The continent-wide STOXX 600 index (.STOXX) closed 0.5% lower, extending declines to the third consecutive session. Real estate stocks (.SX86P) fell 1.6%, leading sectoral losses. Shares of Kojamo (KOJAMO.HE) slid 5.4% after Barclays double-downgraded the Finnish residential real estate company's stock. Shares of European post and logistics companies slid after U.S. rival FedEx (FDX.N) reported lower quarterly profits on Tuesday. The STOXX 600 index (.STOXX) is on track for gains of 1.2% in June, losing some momentum from the first quarter of the year amid a high-interest rate environment, investor preference shifting away from value-oriented stocks and lacklustre China recovery.

Persons: Fed's Powell, BoE, Jerome Powell, Powell, Anna Titareva, Shreyashi Sanyal, Siddarth, Sohini Goswami, Eileen Soreng Organizations: Tech, Federal, Bank of, Bank, UBS, Central Banks ', Barclays, FedEx, Deutsche Post, Thomson Locations: BoE Real, Britain, China, United States, Bengaluru

All S&P 500 sub-sectors fell, with the rate-sensitive real estate sector (.SPLRCR) leading the declines, with a 0.8% drop. In the previous session, Wall Street's main indexes fell as investors booked profits in the wake of a sustained market rally amid signs of weakening global demand. Still, the benchmark S&P 500 (.SPX) has advanced around 14% so far this year. If a U.S. recession becomes more likely, Goldman Sachs (GS.N) said investors should maintain upside exposure to equities by using options to hedge a potential 23% fall in the S&P 500 index (.SPX). It holds chances of a recession at 25%, and in that base case, it expects the S&P 500 to rise to 4,500 - about 2.5% higher than current levels.

Persons: Jerome Powell, Powell, Volcker, that's, Peter Cardillo, Goldman Sachs, Li Auto, advancers, Shubham Batra, Johann M Cherian, Ankika Biswas, Stephen Culp, Arun Koyyur Organizations: FedEx, China EV, Dow, Financial, U.S, Fed, Spartan Capital Securities, United Parcel Service, Dow Jones, Nasdaq, Nio Inc, Xpeng, Adobe, Capital Markets, NYSE, Thomson Locations: China, U.S, Bengaluru

Against this backdrop, the court is again poised to decide cases with the potential to reshape key areas of law and impact life for millions of Americans. The court began its term in October and typically finishes by the end of June each year. The Supreme Court already has ruled in two major race-related cases. In the student admissions cases, the challengers - a group founded by anti-affirmative action activist Edward Blum - accused the two schools of discriminating against white and Asian American applicants. The justices also are due to decide the legality of President Joe Biden's plan to cancel $430 billion in student loan debt.

Persons: Roe, Wade, Clarence Thomas, Edward Blum, Joe Biden's, Lorie Smith's, Andrew Chung, John Kruzel, Will Dunham Organizations: U.S, Supreme, Harvard University, University of North, Republican, Harvard, UNC, Colorado, U.S . Postal Service, Thomson Locations: University of North Carolina, Texas, Alabama, Arkansas , Iowa , Kansas , Missouri , Nebraska, South Carolina, Louisiana, U.S, Colorado, North Carolina, New York, Washington

☆ What is open on Juneteenth 2023?
▼ + stars: | 2023-06-18 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

Almost 40% of US employers now provide Juneteenth as a paid holiday, a significant increase from just 9% two years ago, according to data from HR consulting firm Mercer. It became a federal holiday in 2021, after President Joe Biden signed the Juneteenth National Independence Day Act. Here is what’s open and closed on Juneteenth 2023. TD Bank, which remained open last Juneteenth, will also be closed on Monday. RetailersMost major retailers and grocery stores will be open on Juneteenth.

Persons: Mercer, Juneteenth, Joe Biden, Gordon Granger, —, Abraham Lincoln, Brandon Bell, Wells, Patrick T, Fallon Organizations: New, New York CNN, Union Army, Communities, United States Post, FedEx, UPS, Federal Reserve, Bank of America, Chase, TD Bank, Getty, Nasdaq, New York Stock Exchange, Juneteenth ., Pew, Walmart, Target Locations: New York, Galveston , Texas, United States, Houston , Texas, Rolling Hills Estates , California, AFP

☆ What the potential UPS strike could mean for your packages
▼ + stars: | 2023-06-17 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

New York CNN —A UPS strike by 185,000 workers 25 years ago brought the logistics giant’s operations to a standstill. Striking employees of UPS in Chicago in 1997, the last major UPS work stoppage. In a worst case scenario, a longer-term UPS strike could cause major disruptions to the US supply chain network. UPS and the Teamsters' union contract expires August 1. Small and medium-sized businesses lower in the pecking order than big-box chains would see the most delays from a lengthy strike, logistics experts say.

Persons: Jeff Haynes, ”, Cathy Roberson, Richard Drew, ” Roberson, Pitney Bowes, John Haber, “, Carol Tome, Sean O’Brien, ” O’Brien, Alan Amling Organizations: New, New York CNN, UPS, US Postal Service, FedEx, Teamsters, Getty, Logistics, Walmart, Target, ”, Transportation Insight Holding Company, CNN, University of Tennessee’s, Chain Institute, “ Locations: New York, United States, Chicago, AFP

☆ Self-driving truck company Einride expands into Norway
▼ + stars: | 2023-06-16 | by ( Johannes Birkebaek | ) www.reuters.com time to read: +2 min

COPENHAGEN, June 14 (Reuters) - Swedish electric self-driving truck company Einride expects to reduce CO2 emissions in Norway by 2,100 tonnes over the coming three years as it partners up with Scandinavia's leading postal service, PostNord, the company said on Wednesday. Using Einride's electric trucks, PostNord will reduce its fossil-fuel-driven deliveries in Norway by more than 1,500 km (932 miles) per day. Many goods can be transported with zero-emission vehicles, resulting in a significant environmental benefit, according to assistant director of sustainability at PostNord Norway, May-Kristin Willoch. Swedish start-up Einride driverless electric truck is seen in Jonkoping, Sweden May 15, 2019. Self-driving technology for freight trucks has attracted investor attention in recent years as it is deemed cheaper and easier to roll out than self-driving cars.

Persons: Robert Falck, Kristin Willoch, Ilze, PostNord, Johannes Birkebaek, Mark Potter Organizations: REUTERS, Einride, Thomson Locations: COPENHAGEN, Swedish, Norway, Jonkoping, Sweden, Oslo, Denmark

☆ UPS workers vote to authorize strike while cheering unexpected progress on heat safety
▼ + stars: | 2023-06-16 | by ( Adiel Kaplan | J.J. Mccorvey | ) www.cnbc.com time to read: +7 min

UPS acknowledged the vote outcome and noted that Friday's strike authorization doesn't automatically trigger a work stoppage. While many union members at UPS cast their votes on the strike authorization before the heat safety deal was announced, some drivers said afterward that other big priorities remain. Heat safety experts praised the preliminary agreement on air conditioning but cautioned that addressing the threat of extreme temperatures would take time. Seth Harris, a law and policy professor at Northeastern University who served as President Joe Biden's top labor policy adviser, said progress on heat safety at UPS could have broader ripple effects. Already, though, the concessions have jolted UPS workers and their allies with a dose of optimism.

Persons: Sean O'Brien, Zakk Luttrell, We've, it's, Luttrell, Amit Mehrotra, Mehrotra, Juley Fulcher, Fulcher, —, Seth Harris, Joe Biden's, Theresa Klenk, Klenk, — Annie Probert Organizations: Teamsters, UPS, NBC, Occupational Safety, Health Administration, Deutsche Bank, Logistics, FedEx, U.S . Postal, Public Citizen, Northeastern University, New, New Jersey UPS Locations: New Jersey

☆ Famed Wine Store Sherry-Lehmann Faces Criminal Investigation
▼ + stars: | 2023-06-16 | by ( James B. Stewart | ) www.nytimes.com time to read: +1 min

The Justice Department has convened a federal grand jury as part of a criminal investigation into Sherry-Lehmann Wine & Spirits, the venerable New York City wine merchant, according to former employees who have been contacted by the authorities. Last month, though, The New York Times reported that the store had not delivered large quantities of valuable wine to customers who had paid in advance. The Times also quoted former employees who believed Sherry-Lehmann was improperly selling clients’ rare bottles from a storage facility to other customers. The criminal investigation is being conducted by agencies including the U.S. attorney’s office in Manhattan, the Postal Service and the New York Police Department. Witnesses have been asked to appear before a federal grand jury in Manhattan later this month, the former employees said.

Persons: Sherry, Lehmann, Gilmer, Kris Green Organizations: New, New York Times, U.S, Postal Service, New York Police Department Locations: New York City, Manhattan, United States

☆ U.S. Postal Service’s Search For Savings Brings Riskier Drivers
▼ + stars: | 2023-06-15 | by ( Christopher Weaver | Photographs Michelle Gustafson For The Wall Street Journal | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/u-s-postal-services-search-for-savings-brings-riskier-drivers-33d5bf6c

Persons: Dow Jones

☆ China e-commerce shipments would lose US tariff exemption under proposed law
▼ + stars: | 2023-06-14 | by ( Katherine Masters | ) www.reuters.com time to read: +2 min

The bill would ban such shipments from China immediately upon enactment, sponsor Republican Senator Bill Cassidy said. Ecommerce sellers such as China-founded, Singapore-based Shein and Temu, a rival owned by PDD Holdings Inc (PDD.O) that operates the Chinese ecommerce site Pinduoduo, are big beneficiaries of the exemption. De minimis shipments have drawn attention at least since 2019, when the U.S. Consumer Product Safety Commission reported it struggled to catch unsafe imports because of the heavy volume of low-value packages. Such shipments rose to 685.5 million in 2022 compared with 410.5 million in 2018, U.S. customs data showed. Under the bill, countries other than China and Russia could keep the exemption by adopting the $800 threshold for their own tariff-free imports.

Persons: Dado Ruvic, Bill Cassidy, minimis, Temu, De, J.D, Vance, Tammy Baldwin, Earl Blumenauer, Katherine Masters, Cynthia Osterman Organizations: REUTERS, PDD Holdings, U.S . Consumer Product Safety, Democratic, FedEx, UPS, DHL, Thomson Locations: U.S, China, Singapore, Xingiang, Xinjiang, Russia

☆ China e-commerce shipments would lose U.S. tariff exemption under proposed law
▼ + stars: | 2023-06-14 | by ( ) www.cnbc.com time to read: +2 min

A bipartisan group of U.S. lawmakers planned to introduce a bill on Wednesday to eliminate a tariff exemption widely used by e-commerce sellers to send orders from China to U.S. shoppers, one of the sponsors said. The bill would ban such shipments from China immediately upon enactment, sponsor Republican Senator Bill Cassidy said. E-commerce sellers such as China-founded, Singapore-based Shein and Temu, a rival owned by PDD Holdings that operates the Chinese ecommerce site Pinduoduo, are big beneficiaries of the exemption. De minimis shipments have drawn attention at least since 2019, when the U.S. Consumer Product Safety Commission reported it struggled to catch unsafe imports because of the heavy volume of low-value packages. Under the bill, countries other than China and Russia could keep the exemption by adopting the $800 threshold for their own tariff-free imports.

Persons: Bill Cassidy, Temu, De, J.D, Vance, Tammy Baldwin, Earl Blumenauer Organizations: PDD Holdings, U.S . Consumer Product Safety, Democratic, FedEx, UPS, DHL Locations: Washington ,, U.S, China, Singapore, Xingiang, Xinjiang, Russia

☆ Former Harvard morgue manager is accused of stealing, selling and shipping human body parts, indictment says
▼ + stars: | 2023-06-14 | by ( Laura Ly | ) edition.cnn.com time to read: +5 min

CNN —A former morgue manager at Harvard Medical School is facing federal charges for allegedly stealing, selling and shipping human body parts, according to an indictment. “The theft and trafficking of human remains strikes at the very essence of what makes us human. Cedric Lodge was fired by Harvard Medical School on May 6, according to a letter from the university. Human remains are voluntarily donated to Harvard’s medical school for educational purposes. Maclean allegedly paid Cedric Lodge $600 for two dissected faces in October 2020, the indictment said.

Persons: CNN —, Cedric Lodge, “, Lodge, Denise, Katrina Maclean, Joshua Taylor, Maclean, Taylor, Christopher Opiel, Pennsylvania Gerard M, Karam, ”, Cedric, Denise Lodge, ” Both Maclean, ’, ” “, altruistically, George Daley, Edward Hundert Organizations: CNN, Harvard Medical, Court, Middle, Middle District of, Harvard Medical School, University, Harvard, US Postal, Lodges, US Locations: Boston, Massachusetts, New Hampshire, Middle District, Middle District of Pennsylvania, Peabody , Massachusetts, Pennsylvania, Arkansas, Tewksbury , Massachusetts

☆ BTS 10th anniversary: Superfans make pilgrimage to South Korea to celebrate the K-pop band that conquered the globe
▼ + stars: | 2023-06-13 | by ( Kathleen Magramo Yoonjung Seo Paula Hancocks | Kathleen Magramo | Yoonjung Seo | ) edition.cnn.com time to read: +10 min

Scroll through the gallery to see how the K-pop group went global. ilgan Sports/Multi-Bits/Getty Images BTS fans at the "Love Yourself" North American Tour at the Staples Center on September 9, 2018 in Los Angeles. Andrew Lipovsky/NBC/Getty Images BTS won all three awards they were nominated for at the 2021 American Music Awards held in Los Angeles. Theo Wargo/Getty Images BTS addressed Asian inclusion and representation at the White House in Washington, DC on May 31, 2022. “Being in America and not seeing that much of Asian representation, when I saw that seven Asian guys were trending … that totally like piqued my interest immediately.

Persons: Rowan Joss, Katie Myles ’, they’re, ’ ”, Joss, HYBE, Myles, Kim Tae, Jung Ho, Kim Nam, Kim Seok, Jeon Jung, kook, Min Yoon, Psy’s, ”, Chelsea Guglielmino, Jimmy Fallon, Andrew Lipovsky, Matt Winkelmeyer, Theo Wargo, Kent Nishimura, CedarBough Saeji, ” Saeji, Katie Myles, –, hasn’t, Anthony Wallace, ’, Lisa Trinh, Diana Phung, they’ve, Trinh, they’ll, Jimin, Hwang Young, Startrip, Yoonjung Seo, Jungkook, dad, Justin Bieber, Selena Gomez, Ariana Grande, Shawn Mendes, it’s, Michelle Cho, It’s, Phung Organizations: Seoul CNN —, BTS, Records, YouTube, ilgan, Staples Center, Chelsea, NBC, Getty, White, Los Angeles Times, East Asian Studies, Pusan National University, ARMY, Ministry of Culture, Tourism, Tower, CNN, The, Guinness, Spotify, University of Toronto Locations: Hong Kong, Seoul, South Korea, Scotland, Los Angeles, Washington , DC, Korean, AFP, Seoul’s, California, Gangwon province, Busan, Korea, Cafe, America

☆ Don't send checks through the mail, the post office is warning. Criminals are stealing more than ever.
▼ + stars: | 2023-06-13 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

Reports of check fraud have steadily risen since 2020, with stimulus checks becoming a target. There were 680,000 reports of check fraud in the US in 2022, compared to 350,000 in 2021. Don't put checks in the mail, the US Postal Service is warning. The Postal Service investigated and Fischgrund has recovered about 70% of the revenue, but some of the cases haven't yet been resolved. Fischgrund said he'd never previously had an issue with check fraud in the nearly 10 years he has run his own business.

Persons: Banks, Eric Fischgrund, Fischgrund, he'd, Leonardo DiCaprio Organizations: Morning, US Postal Service, US Postal Inspection Service, Federal Reserve, US Mail, Network, PR, Postal Service Locations: United States, New York

☆ A massive UPS strike could devastate the economy. It could be just eight weeks away
▼ + stars: | 2023-06-12 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —The Teamsters union is holding a vote right now among more than 330,000 members to authorize a strike against UPS. If UPS workers strike, it would be the largest single-employer strike in US history. UPS (UPS) is simply too big – delivering an average of 17 million domestic packages a day – to have all the packages it handles moved by competitors. The strike vote being conducted through July 16 is likely to pass overwhelmingly, as virtually all such votes do. If a deal is reached, but a majority vote against it, there will still be a strike this time.

Persons: couldn’t, Sean O’Brien, ”, Carol Tome, it’s, O’Brien, “, James Hoffa, Hoffa, ” O’Brien Organizations: New, New York CNN, Teamsters, UPS, United, FedEx, US Postal Service, CNN, ” Union, Teamster, Deutsche Bank Locations: New York, United States

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