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California lawmakers and Gov. Gavin Newsom support legislation allowing gig drivers to unionize as independent contractors. The bills aim to empower drivers with collective bargaining rights and reduce insurance costs, potentially lowering fares. The legislation still needs legislative approval amid ongoing industry disputes.
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Since the end of the de minimis exemption in August, US consumers and businesses face higher tariffs, shipment delays, and billing errors. UPS and DHL are struggling with customs processing, leading to unexpected costs and shipment hold-ups, impacting online shopping and international trade.
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Stock markets declined on Tuesday amid fears of overvaluation, especially in AI stocks like Palantir, which fell despite strong earnings. Major banks forecast a possible 10-20% correction within the next year, but some investors see recent dips as healthy pullbacks in a long-term bull trend.
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A UPS McDonnell Douglas MD-11F crashed shortly after takeoff from Louisville Muhammad Ali International Airport, with reports of injuries and fires. The aircraft was en route to Honolulu. The airport is closed, and emergency responders are on scene. This is a developing story.
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A UPS MD-11 cargo plane crashed shortly after takeoff from Louisville Muhammad Ali International Airport, igniting fires and causing at least four deaths and multiple injuries. The aircraft was en route to Honolulu with 50,000 gallons of fuel. Investigations are ongoing, and the airport remains closed.
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A UPS cargo plane crashed Tuesday evening at Louisville's Worldport hub, killing 14, including three pilots. The incident caused package sorting to halt and led UPS to suspend MD-11 operations. UPS has contingency plans, and experts expect disruptions to clear before the holiday season.
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A UPS MD-11 cargo plane crashed shortly after takeoff from Louisville Muhammad Ali International Airport on Tuesday evening. The aircraft's left engine detached during takeoff, causing a crash into nearby buildings and a fire. At least 12 people have died, including crew members and on the ground. The airport was temporarily closed but has since reopened.
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Despite low unemployment rates, many Americans face prolonged joblessness, with over a quarter unemployed for more than six months. Experts highlight emotional and economic tolls, as companies hesitate to hire amid economic uncertainty and layoffs increase. The situation signals a bifurcated labor market with lasting impacts.
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A UPS cargo plane, a McDonnell Douglas MD-11, crashed near Louisville on Tuesday, killing 14. Following the incident, Boeing advised all operators to temporarily suspend MD-11 flights for safety reviews. Both UPS and FedEx grounded their fleets, which comprise about 9% of UPS's fleet and 4% of FedEx's, to conduct investigations into the crash and aircraft safety.
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A UPS MD-11 cargo plane caught fire during takeoff at Louisville's airport, resulting in a crash that killed at least 12 people. The aircraft, recently repaired for a fuel tank issue, lost an engine and ignited flames in the left wing. The crash caused extensive damage to nearby buildings and sparked a large fire. Investigations are ongoing.
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A UPS cargo plane crashed during takeoff at Louisville Muhammad Ali International Airport, killing 12 people including three crew members and a family member. The plane's left engine detached, causing a fireball that damaged nearby buildings. Investigations are ongoing, with the crash being the deadliest in UPS history.
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Many workers are taking on multiple side jobs to supplement stagnant wages, build skills, and create financial safety nets. This trend, driven by inflation and job instability, reflects a shift toward portfolio careers and increased gig work, with some pursuing passions alongside their main employment.