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IRS chief axed after Trump official complained about Musk influence: Report
2025-04-27 14:45:04| Spiritual Career Counseling
The acting head of the Internal Revenue Service (IRS) was replaced after Treasury Secretary Scott Bessent complained to President Donald Trump that he was installed by billionaire SpaceX CEO Elon Musk.That's according to the New York Times, which reported that Bessent was unhappy he wasn't consulted about the acting commissioner, Gary Shapley, being tapped for the role.Why It MattersMusk has had major influence in the Trump administration's drastic cuts to the federal bureaucracy, as well as the officials tapped to lead various agencies after their previous heads were either forced out or stepped down.In charge of the agency for just two days, Shapley's removal comes as the IRS is undergoing a slew of changes that experts warn could disrupt its ability to effectively do its job.Between resignations and layoffs, the IRS is on track to lose as much as one-third of its staff this year. The agency had 100,000 employees before Trump took office. About 12,000 workers have been laid off or re...
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Employment
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Retail sales in Great Britain given lift as shoppers splash out
2025-04-27 12:45:03| Spiritual Career Counseling
Retail sales in Great Britain rose last month amid a sharp increase in consumers spending at department stores, hardware shops and clothes outlets.Reflecting a stronger economic backdrop than feared, figures from the Office for National Statistics (ONS) showed sales volumes rose by 1% on the month, although spending at supermarkets fell after a bumper month in January.City economists had forecast a 0.4% monthly fall amid weak levels of consumer confidence, after the economy came close to stagnation in the second half of last year as households tightened their belts.The figures will come as a boost for the chancellor, Rachel Reeves, after the governments independent economic forecaster slashed its growth forecasts for 2025 in half at the spring statement on Wednesday.The ONS also said on Friday that the UK economy grew by 0.1% in the final quarter of 2024, confirming its initial estimate made in February.However, it also revised up its growth estimates by 0.1 percentage points for each...
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Employment
Amarin Appoints JEC Capital Partners Michael Torok to Board of Directors
2025-04-27 12:45:03| Spiritual Career Counseling
DUBLIN, Ireland and BRIDGEWATER, N.J., April 07, 2025 (GLOBE NEWSWIRE) -- Amarin Corporation plc (NASDAQ:AMRN) today announced the appointment of Michael Torok, Co-Founder and Managing Director of investment firm JEC Capital Partners, as a member of the Board of Directors, effective immediately. On behalf of the board, I welcome Michael. His financial expertise, experience on other boards and, as a fellow shareholder, his shared priority to continue focusing on strategies to maximize shareholder value, make him a beneficial addition to the board at this time, said Odysseas Kostas, MD, Chairman of the Board. I am eager to join the board and begin working with fellow directors and the senior management team to deliver on our shared interest to maximize value, said Michael Torok, Co-Founder and Managing Director of JEC Capital Partners. I appreciate the Amarin boards commitment to transparency and desire to work together for the interests of all shareholders. About Michael Torok Mr...
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Employment