The Swedish multinational conglomerate Ikea was founded in 1943 selling furniture, kitchen appliances, and home accessories. Over the last decade, the home furnishings had approximately 400 stores worldwide and was named the world’s largest seller of furniture for the early 21st century.
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In response to COVID-19, the United States had to implement measures to slow the spread of the virus such as social distancing and a partial economic shutdown, actions which have had a major impact on the U.S. economy, including people’s livelihoods and jobs. The immediate effects that the pandemic has had on the U.S. labor market have been evident in both the unemployment rate and payroll employment numbers. In the early months of the pandemic, the unemployment rate soared, peaking at 14.7% in April 2020, the highest point since the Great Depression. More than 20 million jobs were lost in April as well, which was a record number of jobs lost in a period of one month.
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Despite usually opening the tax season in late January, the Internal Revenue Service (IRS) delayed the start of the 2020 tax season to February 12, announcing that they would start accepting and processing tax returns then. The deadline for individuals to file their taxes remained on April 15 until a recent announcement from the IRS that the agency is postponing the filing deadline, giving taxpayers an additional month to file their returns. As of now, income tax and payments will be due on May 17. While this new change applies to individual taxpayers and families, including people paying self-employment tax, this relief does have an exception—it will not apply to the estimated tax payments that many small business owners owe for the first quarter of 2021.
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With its growing exposure to the rest of the world, China has established itself as an important supplier, provider, and market of capital. According to the McKinsey Global Institute, which is ranked the top think-tank in the world for private sectors, China accounts for 35 percent of global manufacturing output.
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Recent analysis on the diversity of Netflix shows from 2018-2019 revealed key successes and failures in terms of on screen representation in proportion to the US population. In reaction to this study, Netflix has established a fund to aid in the investment in underrepresented communities both on- and off-screen.
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After exerting oneself through a busy day of classes and meetings or grinding through a long workout at the gym, buying a cold drink from a vending machine may be a good option to cool down and rest. Back in the day, vending machines used to be white metal boxes that dispensed mainly bottled drinks and snack bars.
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Nielsen, the leading television analytics and marketing firm has been well known for providing producers and advertisers with viewer demographic information for decades. Recently, the company announced that it had teamed up with Gracenote Inclusion Analytics for the launch of a new tool that will allow it to monitor content for diversity.
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After a catastrophic week of record-low temperatures in Texas and a brutal winter storm, millions of citizens were left shivering in the cold without electricity as the state’s electric grid operator lost control of the power supply. While power has been restored to most homes and businesses in the state, one major problem remains- a shortage of safe drinking water.
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Since the beginning of the COVID-19 pandemic last spring, Asian Americans throughout the United States have encountered hate crimes at a rate higher than that of previous years. Many people ascribe the 2020 surge of Asian American hate violence to the xenophobic commentary of former President Trump, referring to the COVID-19 as the “China virus” and “Kung flu” and blaming China for the global pandemic.
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Wattpad is a 14-year-old entertainment company, known widely for its user-generated fiction storytelling platform. This entertainment company has disclosed on January 19 it’s deal with Naver. Navar is South Korea’s leading search engine and e-commerce platform.
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