Labor Board Accuses Google Contractor of Violating Union Rights

A federal agency issued a complaint this week against a contractor hired by Google and accused it of violating its employees’ labor rights, marking the latest flash point in a long-running struggle between workers and technology companies.

In the complaint, the National Labor Relations Board asserts that HCL America, a subsidiary of an Indian contracting giant, illegally discouraged workers from belonging to a union, and of failing to bargain with the union in good faith.

HCL and Google did not immediately respond to requests for comment. The case does not accuse Google of wrongdoing.

A group of about 90 HCL employees in Pittsburgh who do work such as data analysis under a contract the company has with Google voted to unionize last fall. They affiliated with the United Steelworkers union.

According to the complaint, managers at the company interrogated workers about the organizing activities of their colleagues, told them that

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What China’s Three Red Lines Mean for Property Firms: QuickTake

china homes real estate property

Photographer: Qilai Shen/Bloomberg

The danger lurking in China’s debt-laden real estate sector was never so clear as in late September, when word of a possible cash crunch at China Evergrande Group, the world’s most indebted property developer, sent investors running for the exits. With seven more of the 10 most-indebted developers also based in China, policymakers in Beijing have drafted what state-run media are calling “three red lines” — metrics regarding debt that developers will have to meet if they want to borrow more. The new approach promises to be a game changer for a sector that accounts for about 29% of economic output.

1. How will it work?

The People’s Bank of China and the Ministry of Housing announced in August that they’d drafted new financing rules for real estate companies, but have said little more. But the media reports and people familiar with the

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The Oldest Wisconsin Home on the Market, Built in 1839, Needs a New Historian-Owner

Because Brian and Diane Stuart weren’t actively looking for a home, you might say this property found them.

“Diane found it, driving around,” says Brian Stuart. The couple wound up buying the five-bedroom, 5,044-square-foot home in Mineral Point, WI, for $170,000 in 2010.

Built in 1839, it’s now for sale, and it’s also the oldest home currently on the market in the Badger State. After they purchased it a decade ago, the couple updated the property and rented it out to visitors in this artsy town 50 miles southwest of Madison, snug in Wisconsin’s Driftless Area.

“It’s built like a fortress,” says Brian. “The walls are 16 inches thick. Our dream was to bring it back to its original glory, which we did. We wanted the original footprint, which had large rooms, so people could see what it would have looked like. Some of our bathrooms are the size of

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The St. Joe Company Announces Plans for a New 240-Unit Apartment Community in Panama City, Florida

PANAMA CITY BEACH, Fla.–(BUSINESS WIRE)–Oct 8, 2020–

The St. Joe Company (NYSE: JOE) (“St. Joe”) today announces plans for a new 240-unit apartment community in Panama City, Florida. St. Joe intends to develop and construct the community on Star Avenue approximately one mile from State Road 231. This location is within the municipal limits of the city of Panama City.

Plans call for the project to include 108 one-bedroom apartments, 108 two-bedroom apartments and 24 three-bedroom townhome-style apartments. “One of the things that will make this project unique is the diversity of the units available for lease,” said Dan Velazquez, Senior Vice President of Commercial Real Estate for St. Joe. “The three-bedroom townhome-style units will feature garages making them ideal for working families. This location is along the growing State Road 231 corridor in Panama City and is approximately one mile from the neighborhood’s elementary and middle schools and is

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San Antonio home prices have increased twice as fast as local wages

A recent study from Construction Coverage says home prices in the San Antonio area increased twice as fast as local wages from 2014 to 2019.

The research company released its report Tuesday, stating that the average price for a house in the San Antonio-New Braunfels metro area grew by 32.2 percent during the five-year span, compared to only 16.1 percent for wages.

In 2019, the median home price for the San Antonio area was $204,558 while the median annual wage was $36,130.

READ ALSO: San Antonio apartments are among the smallest in Texas, study says

Data ranked the San Antonio-New Braunfels metro area at 34th on Construction Coverage’s list of major U.S. metros where home prices are outpacing wages. Texas cities also ranked in the list are No.6 Dallas (housing costs grew 3.7 times faster), No. 24 Houston (2.7 times faster) and No. 25 Austin (2.5 times faster).

Las Vegas

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Zenith Labs Joint N-11 Reviews, Price for Sale & Benefits- Truth Revealed?

Press release content from TS Newswire. The AP news staff was not involved in its creation.

New York, 10016 ( TS Newswire ) — 06 Oct 2020

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A wave of death in Sweden’s nursing homes has exposed holes in a famously generous safety net.

In the popular imagination, Sweden does not seem like the sort of country prone to accepting the mass death of grandparents to conserve resources in a pandemic.

Swedes pay some of the highest taxes on earth in exchange for extensive government services, including state-furnished health care.

Yet among the nearly 6,000 people whose deaths have been linked to the coronavirus in Sweden, 2,694, or more than 45 percent, had been among the country’s most vulnerable citizens — those living in nursing homes.

That tragedy is in part the story of how Sweden has, over decades, gradually yet relentlessly downgraded its famously generous social safety net.

Since a financial crisis in the early 1990s, Sweden has slashed taxes and diminished government services. It has handed responsibility for the care of older people — mostly living at home — to strapped municipal governments, while opening up nursing homes to for-profit businesses. They

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PGZ: A Contrarian Play On Commercial Real Estate With An 8.8% Yield (NYSE:PGZ)

Author’s note: This article was released to CEF/ETF Income Laboratory members on Sept. 28, 2020 with certain numbers updated. Please check latest data before investing.

This month, I’d like to take a look at Principal Real Estate Income Fund (PGZ), the top ranked DxYxZ fund (and frequent entrant) in our latest “High-High-Low” report.

As of Oct. 7, PGZ exhibited an attractive -24.78% discount with a -1.9 z-score. At the time of publication of our “High-High-Low” report, PGZ sported a a 12.10% yield that was 98% covered. However, the fund just announced a reduction in its monthly distribution from $0.11 to $0.08/month for the next three months, starting from November. This lowers the forward yield to 8.81% with a concomitant NAV yield of 6.63% as of the latest prices.

PGZ has come up in the chat several times recently as a possible high-risk/reward contrarian play, but we haven’t had a dedicated

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Part Of George Washington’s Mount Vernon Estate Is For Sale For $60 Million

Sited on 16.5 acres of George Washington’s original Mount Vernon estate, River View overlooks the Potomac River from a commanding bluff. Today it is for sale for $60 million.

“This was originally part of Washington’s River Farm, and was deeded to his personal secretary, Tobias Lear, who was married to Martha Washington’s niece,” says Heather Corey of TTR Sotheby’s International Realty, listing broker for the property. “It stayed in the family until the 1850s and is still the largest privately held piece of the original estate.”

Tobias Lear was famously one of three people at Washington’s deathbed. Today, America’s first president would certainly approve of the updated River View: a 16,000 square foot, seven bedroom house completed just two years ago. Designed by architect Jim Rill and constructed by West Wing Builders, special amenities of the grand

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Lennar has ranches ready to go in age-55-plus Inspiration

Homebuyers looking to make a long-term move out of the house they’ve lived in for a generation are facing a market this fall that nobody could have imagined — way too little inventory, the lowest number of homes available ever recorded for this month, at a moment when older places sell in just a few days. Meanwhile, Lennar has two ranches you’ll see today in age-55-plus Inspiration near Parker that are not only ready to go, but priced very close to what the average resale house was selling for in metro Denver last month.

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