House Bill 395 aims to protect employers from those who skip job interviews
The bill aims to protect employers and state unemployment services by promoting accountability and preventing the waste of taxpayer money.
Ohio Representative Brian Lorenz, a co-sponsor, argues the bill is 'common sense' and necessary to bring accountability back to the system.
Opponents, including Senate Democrat Bill DeMora, contend that existing Ohio laws already address unemployment requirements and the bill could unfairly penalize those in emergency situations.
While the Department of Job and Family Services currently has a system for reporting interview no-shows, proponents of the bill seek a more streamlined process.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
20 minutes ago
- Reuters
Pfizer raises 2025 profit forecast on cost cuts, forex gains
Aug 5 (Reuters) - Pfizer (PFE.N), opens new tab raised its full-year profit forecast on Tuesday after topping Wall Street expectations for second-quarter results as it expects to benefit from its cost-cutting efforts and a weaker dollar. The company said the new forecast absorbs a one-time charge of 20 cents per share related to its licensing deal with China's 3SBio ( opens new tab for experimental cancer treatment. Shares of the New York-based company rose 2.8% to $24.19 in premarket trading. The company's shares have lost more than half their value from their pandemic-era highs as the drugmaker deals with waning revenue from COVID products and looming patent expirations for key drugs. In response, the company launched cost-saving measures last year across its manufacturing and research operations. Pfizer said it was on track to deliver $7.2 billion in net savings from the programs by the end of 2027, out of which about $4.5 billion will be delivered by the end of 2025. J.P. Morgan analyst Chris Schott said that the quarterly beat and the forecast raise did not come as a surprise given the company's better-than-expected cost management. "We would not be surprised with additional upside to EPS as the year progresses," Schott said. The drugmaker now expects to earn $2.90 to $3.10 per share on an adjusted basis in 2025, compared with its previous expectations of $2.80 to $3.00 per share. Total quarterly sales topped estimates by $1 billion and came in at $14.65 billion, including a $22 million favorable impact from foreign exchange. Revenue from Pfizer's antiviral treatment, Paxlovid, was $427 million for the quarter, compared with analysts' expectations of $244.4 million. COVID vaccine Comirnaty, which Pfizer makes with German partner BioNTech ( opens new tab, brought in sales of $381 million. Analysts were expecting sales of $188 million. On an adjusted basis, Pfizer earned 78 cents per share for the second quarter, compared with analysts' expectations of 58 cents.
Reuters
20 minutes ago
- Reuters
Top US refiner Marathon Petroleum beats quarterly profit on higher refining margins
Aug 5 (Reuters) - Marathon Petroleum Corp (MPC.N), opens new tab beat Wall Street estimates for second-quarter profit on Tuesday, benefiting from a rebound in refining margins as fuel demand remained firm. U.S. refiners are posting upbeat quarterly profits, recovering from the losses in the previous quarter on stronger diesel margins. Marathon's rivals Valero Energy (VLO.N), opens new tab, Phillips 66 (PSX.N), opens new tab and HF Sinclair (DINO.N), opens new tab all exceeded Wall Street estimates. Diesel cracks - a measure of margins - averaged $17 per barrel during the quarter, in line with the first quarter. However, they ended the three-month period higher at $21 per barrel, TPH & Co analyst Matthew Blair said in a note earlier. Fuel makers also saw an unexpected boost in profits from higher demand for key products in recent months, easing the slump since 2022 highs, driven by a post-pandemic recovery and war-related supply disruptions. The margins also benefited from improved capture rates, which reflect a refining company's ability to capitalize on favorable market conditions. "Our second-quarter results reflect actions we have taken to deliver on our strategic refining, our team delivered 97% utilization and 105% margin capture; and we remain constructive on the long-term outlook," said CEO Maryann Mannen. Marathon's throughput volumes for the quarter were 3.1 million barrels per day (mmbpd), unchanged from last year, but now expects 2.9 mmbpd in the third quarter. Its refining and marketing margin per barrel rose to $17.58 in the quarter from $17.53 a year earlier. The company reported adjusted profit of $3.96 per share for the three months ended June 30, compared with analysts' average estimate of $3.29 per share, according to data compiled by LSEG.
Daily Mail
20 minutes ago
- Daily Mail
Walmart and Kroger spark fury among fans who vow to boycott over game-changing turning point in pricing
The rise of electronic shelf labels — tiny digital price tags that can change in real time — is triggering a backlash from US shoppers who fear sneaky price hikes and vanishing deals. Walmart, Kroger, Kohl's, Whole Foods and Lidl have all begun rolling out the tags, which were once mostly used in Europe. The technology is designed to save staff time, reduce paper waste, and allow for easier inventory updates. But customers aren't convinced. 'Don't buy anything with a digital price tag on it - we can stop this nonsense real soon. Start shopping local in any way possible,' an X user wrote. Retailers insist they're not using the tags for dynamic pricing — a strategy where prices rise and fall based on demand, time of day, or location. But shoppers remain skeptical, especially as inflation and tariffs continue to drive costs higher. Lidl plans to add the tech to all 190 of its US stores by the end of summer. Walmart is pushing to have them in 2,300 locations by next year. In Walmart's case, It can update — in minutes — the prices on the 120,000 items each store stocks. Weekly updates to paper shelf labels typically took a store worker about two days. Retail experts point out that such digital labels — and the speed that prices can be altered — could usher in an era of dynamic pricing. Uber is famous for this. In the world of retail, Amazon already use such models — with prices on some Amazon items changing dozens of times a day based on demand and competitor pricing. Neil Saunders, retail expert at Global Data, said retailers will need to tread carefully to allay shoppers' fears of dynamic pricing. 'Retailers would have to be very careful not to adjust pricing too much otherwise it could undermine their price competitiveness and reduce consumer trust in them,' Saunders told Daily Mail. Whole Foods and Kroger told the Daily Mail that their electronic shelf labels are not being used for dynamic pricing. Walmart declined to comment on whether it plans to use the tags that way. The Daily Mail has also reached out to Kohl's and Lidl for comment, but neither has replied. Announcing its roll out in June, Walmart said the new technology will give customers 'an even better shopping experience.' Meanwhile, a Kroger spokesperson said: 'They are a great way to take manual shelf tagging work off our associates' roles so they can have more time to work with our customers directly—and it's a huge reduction in the paper waste generated by tags.' Shoppers believe the idea of electronic price tag usage is 'crazy' Still, for shoppers already reeling from rising costs, any whiff of dynamic pricing hits a nerve. Recent tariff hikes have sparked consumer outrage — especially after Walmart employees began flagging products with price jumps as high as 80 percent on Reddit. In fact, other Walmart staff complained they were being hit with a flood of instore price rises. 'Lately my section has been getting 5,000 to 9,000 a week,' a Reddit user wrote, adding it was a 40 to 50 percent increase over usual. Target, another retailer testing electronic shelf labels, has also faced internal pushback after employees noticed steep price increases on everyday items due to tariffs. Target, a major competitor that's also begun using electronic store labels, has left employees fearful for their jobs with its price hikes. Workers spotted everyday products with drastic price jumps, including a $9.99 USB-C cord now costing $17.99. For many consumers, the fear is that digital pricing makes it easier for retailers to pass those increases on — without anyone noticing until it's too late.
