Volkswagen (VOWG_p.DE) expects the shift to electric cars to cost a five-digit number of jobs in coming years, the Frankfurter Allgemeine Zeitung newspaper reported, citing the carmaker’s human resources chief.Karlheinz Blessing, who sits on VW group’s nine-member top management board, said the carmaker will need to cut jobs in production as assembly of electric engines […]Continue reading

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Under current law, a salaried worker making as little as $23,660 a year can legally be asked to work more than 40 hours a week with no additional pay. The Obama administration says this violates the intent of the Fair Labor Standards Act, so the Department of Labor is raising the so-called white collar exemption […]Continue reading

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