Aldi to Add 4,000 U.K. Jobs as Discount Retail Booms

(Bloomberg) — Aldi Stores Ltd. plans to create 4,000 new U.K. jobs next year as the growth of discounters boosts Britain’s otherwise shrinking retail sector.



a sign on a table: Inside An Aldi Stores Ltd. Supermarket As Chain Sets Sustainability Goals


© Bloomberg
Inside An Aldi Stores Ltd. Supermarket As Chain Sets Sustainability Goals

The German cut-price grocer said it will invest 1.3 billion pounds ($1.7 billion) over the next two years in opening 100 new stores, upgrading a further 100 and making other improvements. Many U.K. retailers are cutting jobs in order to survive the pandemic, though supermarkets have thrived during lockdowns.



a sign on a table: Inside An Aldi Stores Ltd.


© Bloomberg
Inside An Aldi Stores Ltd.

Aldi, which entered the U.K. 30 years ago, pledged the investment as it said sales in the U.K. and Ireland rose by 8.3% to 12.3 billion pounds in the year through Dec. 31, 2019, despite the grocery market growing by just 1% overall.

Although the pandemic has fueled online grocery shopping, something Aldi does on only

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Democratic election sweep win would add 7 million more jobs than a GOP one, analysis finds

A Democratic sweep this election cycle would bring a faster recovery to the job market than a Republican one, according to a new analysis, adding millions of more jobs, shrinking the unemployment rate faster, and boosting the number of workers in the labor force higher.

Under a scenario where Democratic presidential nominee Joe Biden wins the presidency and both the Senate and the House of Representatives are controlled by Democrats, 18.6 million jobs would be added by 2024, according to the analysis from Moody’s Analytics. 

Under the opposite scenario where President Donald Trump wins a second term and Republicans control both chambers of Congress, 11.2 million jobs would be created.

“Biden would implement much more aggressive fiscal support to the economy early on in his administration,” Mark Zandi, Moody’s Analytics chief economist who co-authored the report told Yahoo Money. “That provides a lot of juice to the economy early on

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Software startup plans to add at least 250 jobs in Mass. after $300M funding round

A startup with dual headquarters offices in Somerville and Paris plans to add as many as 250 jobs in the Boston area now that it has landed $300 million in new equity funding.



a person posing for the camera: Mirakl cofounder Adrien Nussenbaum


© Photo courtesy of Mirakl
Mirakl cofounder Adrien Nussenbaum

Mirakl cofounder Adrien Nussenbaum, whose firm creates and sells digital-marketplace software, said the roughly 300-person company is looking to add as many as 1,000 jobs over the next three years, including 250 in Greater Boston, in part due to the surge in revenue it is seeing because of the COVID-19 pandemic. Permira Advisers was the lead investor, and was joined by existing Mirakl investors such as 83North, Bain Capital Ventures, Elaia Partners, and Felix Capital. Details of the transaction were not disclosed, but Mirakl said the latest funding round places the company’s valuation at more than $1.5 billion.

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In the first half of the year, Mirakl’s

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Homeland Vinyl to expand in Surgoinsville, add 55 jobs | Business

SURGOINSVILLE — Tennessee Gov. Bill Lee, Department of Economic and Community Development (TDECD) Commissioner Bob Rolfe and Homeland Vinyl officials announced on Tuesday the manufacturer will invest $2.2 million and create 55 jobs in Surgoinsville.

As part of the expansion, Homeland Vinyl will add 38,000 square feet to its operations in Hawkins County, adding multiple new extrusion lines and assembly line capabilities.

Homeland Vinyl manufactures a diverse portfolio of vinyl profiles, including fencing, rail and deck products. The company has operations in six states across the U.S., including the facility in Surgoinsville.

In 2017, Homeland Vinyl added 50,000 square feet to its Surgoinsville facility and installed new equipment.

“I am pleased that Homeland Vinyl has decided to continue to invest in Surgoinsville. This expansion is a sign of positive momentum for Hawkins County as we continue to safely get Tennesseans back to work and the economy thriving again,” Lee, a

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Salesforce To Add 12,000 Jobs Next Year; Shares Up 49% YTD

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HSBC, JPMorgan, StanChart and others processed trillions of dollars of transactions despite concerns over potential crimes, reports say

Some of the world’s biggest banks, including HSBC, JPMorgan Chase and Standard Chartered, moved trillions of dollars identified as being potentially tied to money laundering or other crimes despite raising concerns about those transactions in filings with US regulators, according to media reports on Sunday.The disclosures again raised questions about the success of government efforts to stamp out the flow of illicit funds around the globe and the effectiveness of internal anti-money-laundering compliance systems, which global banks have spent tens of billions of dollars to revamp in the past decade.Shares of HSBC and Standard Chartered fell sharply in Hong Kong on Monday after the media reports, with HSBC’s stock, at one point, trading at its lowest level since 1995.Get the latest insights and analysis from our Global Impact

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Amazon plans to add 3,000 more jobs in Arizona expansion

Amazon.com, which already employs more than 17,500 people in Arizona, plans to add another 3,000 permanent jobs in the state as it gears up for what could be a robust holiday shopping season.

Inside a Phoenix Amazon fulfillment center during the pandemic

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Amazon, which entered Arizona in 2007 with its first 300 employees, expects to open 11 new buildings in the state in 2020, said Lisa Guinn, a company spokeswoman.

Amazon has operations in Phoenix, the West Valley, East Valley, Tucson and elsewhere. That includes a massive fulfillment and shipping center in west Phoenix with a footprint of 1.2 million square feet or roughly 28 football fields, she said.

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The online-retailing giant also plans to hire 100,000 full- and part-time workers across the nation, with pay starting at $15 an

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Airtable to add jobs in Austin after raising $185M



a drawing of a cartoon character: San Francisco-based software maker Airtable has raised $185 million for growth that includes expanding its Austin office by adding 100 workers. [CONTRIBUTED]


© Provided by Austin American-Statesman
San Francisco-based software maker Airtable has raised $185 million for growth that includes expanding its Austin office by adding 100 workers. [CONTRIBUTED]

Software maker Airtable says it plans to expand its Austin presence after raising $185 million for growth.

Founded in 2012, the San Francisco-based company offers a cloud collaboration service that lets customers build their own custom apps and workflows with no coding required.

Over the next year, Airtable plans to add 100 employees to its Austin office, which currently has 30 workers. The company has a total workforce of 300 employees.

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Airtable opened a customer engagement center in Austin in April. As part of the expansion, the company hired Brian Hagen as the office’s general manager.

Hagen previously led sales teams at Nextdoor, Twitter and Google. Most recently he led the sales team at Austin consumer app developer Dosh.

Airtable considered

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Amazon to Add Roughly 4,000 Jobs in Atlanta Area amid Surge

(TNS) — Amazon announced plans Monday to hire more than 4,000 workers in metro Atlanta, increasing its workforce in Georgia by nearly half, part of a rising tide of jobs among online, logistics and shipping companies.

The local hiring spurt by the e-commerce giant — part of 100,000 new positions it plans to fill nationally — is a welcome injection into a Georgia economy that has lost hundreds of thousands of jobs since the start of the coronavirus pandemic and is struggling to regain its footing.

It also underscores one part of the U.S. economy that is humming: shipping packages to homes as health fears about COVID-19 accelerate the migration of consumers from brick-and-mortar stores to online purchases.

The 4,000 new jobs include 1,000 previously announced positions at a newly built distribution center in Stone Mountain. Amazon currently has more than 10,500 workers in Georgia.

Hiring has already begun for

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Amazon (AMZN) on a Hiring Spree, to Add 100,000 New Jobs

Amazon AMZN is constantly striving to strengthen workforce in a bid to enhance performance during the coronavirus-induced crisis. This is evident from its latest plans to hire more than 100,000 workers.

Notably, all these people will be employed in positions ranging from warehouse workers to delivery drivers. The new positions will include full and part-time workers in the United States, as well as Canada.

With more warehouse workers and delivery drivers, we believe that the e-commerce giant will be better positioned to meet the flurry of online orders that it has been witnessing amid the COVID-19 pandemic.

The latest move aligns with Amazon’s motto of delivering goods on time.

Amazon.com, Inc. Price and Consensus

Amazon.com, Inc. Price and Consensus

Amazon.com, Inc. price-consensus-chart | Amazon.com, Inc. Quote

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Amazon has been expanding on a global basis in a bid to maintain supremacy. The company is investing more in fulfillment,

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Phoenix invests big in health care and biosciences, hoping to boost economy and add jobs

Corrections & Clarifications: A previous version of this article gave an incorrect location for ASU’s Health Futures Center. It will be housed in a new building next to Mayo Clinic’s Phoenix campus.



a tall building in a city: Wexford Science & Technology is building a new innovation center downtown, which will host different science and healthcare researchers, students and entrepenuers.


© Courtesy of Wexford Science & Technology
Wexford Science & Technology is building a new innovation center downtown, which will host different science and healthcare researchers, students and entrepenuers.

Phoenix recovered more slowly than the rest of the nation after the Great Recession, taking years to recoup lost jobs.  

But this time around, the region might see faster recovery from the COVID-19 recession.

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One big reason is the city’s changing economic landscape, which has begun to rely less on construction and focus increasingly on sectors like health care and bioscience.

Those industries are more resilient in the face of economic changes, said 

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