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Amazon warehouse workers in Alabama may become the online retail giant’s first unionized workforce. Six thousand employees working at the Bessemer facility will vote next month on whether to join the Retail, Wholesale and Department Store Union (RWDSU). The election will be conducted via mail in ballot due to concerns over spreading Covid-19.

Thousands of Amazon’s Warehouse Workers to Vote on Whether to Form the Company’s First Union (Micro News for January 16, 2021 – January 22, 2021) — Pearson Economic News

(Bloomberg) — At a time when one big-name U.S. financier after another is starting a blank-check firm to hunt for deals, Canadian investors are forming fewer and fewer of the vehicles. Read More

As Big-Name SPACs Heat Up in U.S., Canada’s Workhorse Deals Wane — Financial Post

In President Trump’s last full week in office, another 900,000 US workers filed for first-time unemployment benefits after adjusting for seasonal effects. While the number was down from the previous week’s 926,000 new claims, it still shows the economy continues to suffer from the impact of the pandemic. After adding another 420,000 Americans applying for the Pandemic Unemployment Assistance, the number of first-time unemployment claims was about 1.4 million not adjusted for seasonal effects.

900,000 Americans Filed for Unemployment in Donald Trump’s Last Full Week as President (Macro News for January 23, 2021 – January 29, 2021) — Pearson Economic News

(Bloomberg) — OPEC+ said it will keep pushing to quickly clear the oil surplus left behind by the pandemic, a bullish signal for prices that have already surged to a one-year high. Read More

OPEC+ Pledges to Pursue Speedy Rebalancing of Oil Market — Financial Post

US home sales increased to the highest level in 14 years despite the economic impact of the pandemic. The high demand pushed home prices to a record high, with the new median price for existing homes rising to $296,500. The price increase was attributed in part to a small inventory of homes on the market, the fewest on record.

Home Sales Hit 14-Year High in 2020, Pushing Prices to Record Levels (Micro News for January 23, 2021 – January 29, 2021) — Pearson Economic News

While many people associate blockchain with cryptocurrencies alone, the technology has applicability far beyond Internet fads and digital coins. In fact, blockchain has the potential to become a fundamental technology to the same scale as the Internet thanks to its potential for simple but effective encryption and wide-reaching digital security. Interested in getting a job…

What Blockchain Jobs Are Most In-Demand in 2021? — Market Business News

American International Group agreed on Monday to pay a $12 million civil fine to settle charges that it conducted life insurance business in New York without a license. Read More

Insurer AIG to pay $12 mln fine for NY pension transfers — Financial Post