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More than 650,000 Mexicans got a little something extra in their Christmas stockings this year when President Claudia Sheinbaum signed into law labor reforms benefitting gig workers on digital platforms such as Uber, DiDi and Rappi. The new landmark regulations in the Federal Labor Law were published Christmas Eve in the Official Gazette of the Federation, which serves to inform the public and ensure transparency. They take effect June 22, 2025. Congrats to our partners @UNTA_Mexico on delivering a victory for #appworkers 🎉 #Mexico ’s Congress unanimously approved legislation providing labor rights & protections for #platformworkers . UNTA’s organizing, advocacy & win will be a major reference for app workers around the🌎 pic.twitter.com/8IY6NSvh5o — Solidarity Center (@SolidarityCntr) December 24, 2024 The news of the labor law reform protecting gig workers was celebrated both here and outside Mexico by labor advocates. The reform recognizes, for the first time in Mexico, gig workers as employees, making them entitled to worker benefits and protections under Mexican law — as long they generate a monthly net income equivalent to at least one daily minimum wage in Mexico City. For 2024, the daily minimum wage throughout most of Mexico is 248.93 pesos (US $12.31) per day, but it will increase by 12% to 278.80 pesos (US $13.78) starting Jan. 1. (The same increase will lift the daily minimum wage in Mexico’s northern border free zone to 419.88 pesos per day, or US $20.70.) Gig workers earning below the threshold will remain classified as independent workers but still receive some protections. Key provisions of the new regulations include: All calculations will be based on time actually worked — which can vary greatly for gig workers. The time clock will start when a task is accepted and end when it is completed. There will also be proportional benefits, such as vacation pay and Christmas bonuses, although tips are excluded from salary calculations. The law also requires digital platforms to issue unambiguous worker contracts and to submit payment receipts on a weekly basis. Platform operators will bear legal responsibility as employers, while users of the apps will face no obligations. Companies can dismiss workers without reinstatement obligations unless collective rights — such as unionization or the right to strike — are violated. Labor advocates hailed the reform as a milestone. “This initiative maintains flexible working hours, a fundamental aspect that we have always fought for,” said Sergio Guerrero, head of the National Union of App Workers (UNTA). “The possibility of each worker to decide his or her own schedule remains intact — and this does not deny them from obtaining labor rights, as some have tried to make us believe.” Over 658,000 platform workers in Mexico are expected to benefit, Guerrero said, adding that the reform will help curb job insecurity. “This reform is a victory for the workers,” he said. Sheinbaum noted that the initiative was worked on jointly by her office, the Ministry of Labor and Social Welfare (STPS), IMSS and the homebuyers’ savings plan Infonavit, as well as workers and the digital platforms. “This does not exist in most other countries,” she said of the new regulations, adding that their enactment is “part of what we conceive in the Fourth Transformation.” With reports from Infobae , El Universal and América EconomíaBuccaneers looking to beat NFC South-rival Panthers and bolster hopes for a playoff berth
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Assetline Finance Ltd. has announced to offer flexible and customised financing solutions for customers interested in purchasing the newly launched BAIC X55. The financing options are designed to make vehicle ownership seamless, with competitive interest rates and flexible repayment plans customised to suit the financial needs of each customer. The BAIC X55, introduced and marketed in Sri Lanka by David Pieris Automobiles Ltd., a company within the David Pieris Group of Companies, marks a significant step in local value addition. The vehicle is designed to offer advanced technology, exceptional comfort, and superior performance, promising to elevate the driving experience for discerning Sri Lankan motorists. Assetline Finance, the financial services arm of the David Pieris Group of Companies, has been delivering customer-centric financial solutions for over 21 years. Through its specially designed financing packages for the BAIC X55, Assetline Finance provides customers with a streamlined, hassle-free process backed by the reliability of a trusted provider with in-depth knowledge of the vehicle. Rated A- (Stable) by Lanka Rating Agency, Assetline Finance enjoys a solid reputation in the lending market. The company’s robust network of 57 branches across Sri Lanka ensures accessibility for customers nationwide. Offering a wide range of financial solutions—from vehicle leasing to working capital support for Micro, Small, and Medium Enterprises (MSMEs)—Assetline Finance caters to the diverse needs of its clientele.Trump urges judge to dismiss hush money case
Stocks closed higher on Wall Street as the market posted its fifth straight gain and the Dow Jones Industrial Average notched another record high. The S&P 500 rose 0.3%. The benchmark index’s 1.7% gain for the week erased most of its loss from last week. The Dow rose 1% as it nudged past its most recent high set last week, and the Nasdaq composite rose 0.2%. Markets have been volatile over the last few weeks, losing ground in the runup to elections in November, then surging following Donald Trump's victory, before falling again. The S&P 500 has been steadily rising throughout this week to within close range of its record. It's now within about 0.5% of its all-time high set last week. “Overall, market behavior has normalized following an intense few weeks,” said Mark Hackett, chief of investment research at Nationwide, in a statement. Several retailers jumped after giving Wall Street encouraging financial updates. Gap soared 12.8% after handily beating analysts' third-quarter earnings and revenue expectations, while raising its own revenue forecast for the year. Discount retailer Ross Stores rose 2.2% after raising its earnings forecast for the year. EchoStar fell 2.8% after DirecTV called off its purchase of that company's Dish Network unit. Smaller company stocks had some of the biggest gains. The Russell 2000 index rose 1.8%. A majority of stocks in the S&P 500 gained ground, but those gains were kept in check by slumps for several big technology companies. Nvidia fell 3.2%. Its pricey valuation makes it among the heaviest influences on whether the broader market gains or loses ground. The company has grown into a nearly $3.6 trillion behemoth because of demand for its chips used in artificial-intelligence technology. Intuit, which makes TurboTax and other accounting software, fell 5.7%. It gave investors a quarterly earnings forecast that fell short of analysts’ expectations. Facebook owner Meta Platforms fell 0.7% following a decision by the Supreme Court to allow a multibillion-dollar class action investors’ lawsuit to proceed against the company. It stems from the privacy scandal involving the Cambridge Analytica political consulting firm. All told, the S&P 500 rose 20.63 points to 5,969.34. The Dow climbed 426.16 points to 44,296.51, and the Nasdaq picked up 42.65 points to close at 2,406.67. European markets closed mostly higher and Asian markets ended mixed. Crude oil prices rose. Treasury yields held relatively steady in the bond market. The yield on the 10-year Treasury fell to 4.41% from 4.42% late Thursday. In the crypto market, bitcoin hovered around $99,000, according to CoinDesk. It has more than doubled this year and first surpassed the $99,000 level on Thursday. Retailers remained a big focus for investors this week amid close scrutiny on consumer spending habits headed into the holiday shopping season. Walmart, the nation's largest retailer, reported a quarter of strong sales and gave investors an encouraging financial forecast. Target, though, reported weaker earnings than analysts' expected and its forecast disappointed Wall Street. Consumer spending has fueled economic growth, despite a persistent squeeze from inflation and high borrowing costs. Inflation has been easing and the Federal Reserve has started trimming its benchmark interest rates. That is likely to help relieve pressure on consumers, but any major shift in spending could prompt the Fed to reassess its path ahead on interest rates. Also, any big reversals on the rate of inflation could curtail spending. Consumer sentiment remains strong, according to the University of Michigan's consumer sentiment index. It revised its latest figure for November to 71.8 from an initial reading of 73 earlier this month, though economists expected a slight increase. It's still up from 70.5 in October. The survey also showed that consumers' inflation expectations for the year ahead fell slightly to 2.6%, which is the lowest reading since December of 2020. Wall Street will get another update on how consumers feel when the business group The Conference Board releases its monthly consumer confidence survey on Tuesday. A key inflation update will come on Wednesday when the U.S. releases its October personal consumption expenditures index. The PCE is the Fed's preferred measure of inflation and this will be the last PCE reading prior to the central bank's meeting in December.Shillong Teer Results Today, December 30 2024: Winning Numbers, Result Chart for Shillong Morning Teer, Shillong Night Teer, Khanapara Teer, Juwai Teer and Jowai Ladrymbai
YOU can now pick up your groceries in style with an affordable Waitrose buy. However, the supermarket chain has had to take steps to prevent people from reselling the popular designer buys. In a post on the Facebook group Overheard in Waitrose , one shopper shared the new rule Waitrose have implemented for customers. The poster explained that the shop's designer bags for life have been the target of resellers. According to the Facebook user, Waitrose has come up with a simple workaround to avoid this issue. "Designer bags rationed to two per person in my local Worthing Waitrose," they wrote. Read More On Designer Brands The shopper was able to confirm the reason behind the restriction when speaking with employees. "People are reselling them for a hefty markup according to staff," they revealed. The Facebook user included a picture of some of the designer bags for life on the shelves. Designed to be reused, bags for life have become increasingly popular since the implementation of the single-use plastic bag fee in 2015. Most read in Fabulous Waitrose has teamed up with popular designers to create more fashion forward options for their shoppers. The WR Lulu Guinness Chess Bag is currently available for £12 from Waitrose. Shoppers can also pick up the Lulu Guinness Flurry Reusable Bag for £15. The look features Lulu's iconic lipstick stain symbol and has a removable zip for every day use. They also include internal and external pockets as well as dual straps to allow you to carry it over your shoulder or in your hand. Facebook users shared their thoughts on the new restriction in the comments section. "Seen them on Vinted for £25 and up to £40," wrote one commenter. SPOTTING the real deal from a knock off is harder than ever. These days fake clothes, bags and jewellery are almost identical to the real thing making it harder to spot the difference. Here, Clemmie Fieldsend gives you tips on how to spot if your buys are counterfeit or legit. Bags: Real designer bags do not come with authenticity cards Tags should not be attached to the bag, these usually come with the receipt or are tucked into the packaging Designer bags usually have a serial number The bag should look and feel high-quality. Check for even stitching, tidy material, no frayed edges and clear colour matching Watches: A genuine high end watch will feel heavy due to high quality materials The second hand movement on the watch should not be rigid The model name and serial number on a fake may be used across all of their pieces rather than individual ones Check for the official branding and compare with a genuine model if you can The fine details won’t be as refined, including placement and spacing etc Sunglasses: The lenses on designer shades should be of superior quality. Know what you're buying. Classic Ray-Ban designs, for instance, are made from glass. Fake frames feel lighter than real ones Watch out for stiff or loose hinges "In Windsor, they were pinching them. Staff only put one out which was security tagged," wrote another person. "These are good for stocking-fillers - or to put presents in," pointed out a third reader. "I must be bucking the trend as I bought one and simply used it myself," said another Facebook user. READ MORE SUN STORIES "Good to know, I'll take care of mine!" joked one shopper. "You can buy as many as you want in Hersham! Old design by the way," said another reader.OneStream Announces Full Exercise of Underwriters' Option to Purchase Additional Shares in Secondary Offering of Class A Common Stock
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There are some women who carve the most unique and inspiring paths through life, and their stories almost always become far-reaching. One such remarkable journey is the saga of Shashi Soni that embodies struggle and success. With a paltry sum of ₹10,000, Shashi began her entrepreneurial journey in 1971 by founding Deep Transport. Her dedication and determination carved the milestones for her future ventures. By 1975, she was setting up new ventures, establishing a cinema called Deep Mandir, situated in Mulund, Mumbai-a trove of joy and excitement for moviegoers till 1980. Riding the success of a decade of different experiences, Shashi ventured into the manufacturing sector, setting up Oxygen Private Limited, a gas plant in Mysuru. This marked the beginning of her plunge into the technical and industrial fields. In 2005, Shashi made a daring plunge into technology, founding Izmo Limited, a software company based in Mysuru with world-class automotive and e-retailing solutions. Today, as Chairperson of Izmo Ltd., she heads a company considered a worldwide bench-mark for excellence and innovation. Shashi's influence is not only experienced in her business endeavors but also in the realms of social welfare. The work done through the Deep Janseva Samiti is practically innumerable, insomuch as it has striven for women's education, fair employment, pension schemes, and care for the differently abled. She has helped tens of thousands of people to have a better life, hopefully a privileged one, and her work has received acclaim all over. Her numerous awards stand testimony to her accomplishments. In 1990, Shashi was awarded the title of Woman of the Year for her contributions to Indian industry. She also sits on the board of the Committee of the All India Industrial Gas Manufacturers Association and the Technical Development Directorate, playing a vital role in them. In recognition of her multifaceted contributions to business and social welfare, Shashi Soni was awarded the prestigious Padma Shri. Transporting small has now blossomed into a global tech firm with endeavors in meaningful social initiatives, becoming a shining light of inspiration for upcoming entrepreneurs and change-makers alike.UK study warns of perils in AI-driven 'intention economy'