California is losing more workers than it is gaining

California is losing more workers than it is gaining

Tens of thousands of professionals left California last year while fewer moved in to the state as the exorbitant cost of living as well as high taxes make it harder to retain talent. California lost nearly 87,000 professionals last year while just 69,000 relocated to the state, according to a report published by the National … Read more

Macy’s says worker hid more than $130m in costs

Macy’s says worker hid more than 0m in costs

US department store Macy’s says rogue staffer concealed more than $130m (£103m) in company costs over roughly three years, causing it to delay the release of its latest accounts. Macy’s, also the owner of Bloomingdales and the make-up chain Bluemercury, said it was postponing its quarterly sales update as it investigates the incident. The person … Read more

Eight migrants including children drown off Greek coast

Eight migrants including children drown off Greek coast

The bodies of eight people, including six children, have been recovered after a migrant boat sank off the Greek island of Samos, the coastguard has said. Around 40 people were rescued by authorities during an operation in the Aegean Sea involving aircraft and vessels, authorities said. Strong winds have been complicating rescue efforts. An official … Read more