Manufacturing Unexpectedly Surges in January

The Institute for Supply Management’s manufacturing index came in at 56.6 for January, easily surpassing economist expectations for 54 score. This measure of economic activity, which is based on a monthly survey of purchasing managers at roughly 300 manufacturing firms nationwide, had weakened considerably to 54.1 in December and was expected to continue weakening. The […]

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SpaceX Sued Under WARN Act for Up to 400 Layoffs

In a stunning development just 48 hours after Breitbart California published “262,” employees at Space Exploration Technologies Corporation (SpaceX) headquarters in Hawthorne, California filed a lawsuit claiming the rocket builder on or about July 21st violated California Labor Law by laying off up to 400 factory workers, or about 11% of the entire company workforce.

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