H&R Block closing 400 locations

H&R Block

How much longer until H&R Block bites the dust? The once dominant tax preparation company has fallen on hard times thanks to the popularity of do-it-yourself tax software like TurboTax. According to this KCRA report, the company will be closing 400 smaller locations.

H&R Block is everywhere — and that’s a problem.

The company said it plans to close 400 smaller offices after it lowered its sales and profit margin outlook for the rest of the year. H&R Block’s stock plunged nearly 20% Wednesday.

During a conference call with analysts after the closing bell Tuesday, H&R Block CEO Jeff Jones said the decision to shutter the offices was part of its annual review and that the stores were mostly smaller ones.

The company does not plan to cut any jobs as a result of the closures, a spokeswoman for H&R Block told CNNMoney. She said that the stores being closed are all within five miles of other H&R Block locations.

H&R Block may be suffering from a Starbucks-like phenomenon — having too many locations that are within close proximity to other ones.

The increased popularity of do-it-yourself tax software like TurboTax is also hurting the company.

Jones noted that many people, including millennials, still want assistance when doing taxes.

Rolls-Royce to trim 4,600 jobs…

Rolls Royce

According to this Fox Business report, jet engine maker Rolls-Royce will be cutting 4,600 jobs to save face. The iconic company has taken a beating over the last few months as their jet engines aren’t meeting the standards airlines anticipated.

Britain’s Rolls-Royce, the jet engine maker, said cutting 4,600 jobs will save the company $536 million a year.

It is the latest attempt by CEO Warren East to simplify the business and generate more cash, according to Reuters.

The job cuts announced on Thursday come at a time when the company has been hit by problems with some jet engines that has upset airline clients.

Parts in some versions of the Trent 1000 engine, which powers the Boeing 787 Dreamliner jet, are not lasting as long as expected, forcing the company to ground planes to carry out inspections.

SILENT KILLER: Smart meters are destroying your health

Editors note: I originally wrote this article for Naturalnews.com on March 20 2017

On March 7, 2017, State Senator Patrick Colbeck testified before the Michigan State House Energy and Technology Committee regarding House Bill 4220 which would allow homeowners to opt-out of having to use Smart Meters without incurring fees. He is hoping to, at best, keep so-called smart meters from becoming mandatory in Michigan homes as they have in other states. His pleas are based on evidence of the risk of the cybersecurity threat they pose, privacy invasion, health hazard, and cost increases associated with the use of smart meters. Sen Colbeck believes Smart Meters are “putting our homes, our nation and, frankly, some of the power suppliers at risk.”

Continue reading “SILENT KILLER: Smart meters are destroying your health”

Shocking report reveals that almost 50% of Detroit residents can’t read

Detroit

Editors note: I originally wrote this article for Naturalnews.com on March 29 2017

Students of the Detroit, MI, public school system have been dealt a losing hand, according to a new study from the Detroit Regional Workforce Fund. The DRWF is a group that strives to provide citizens of Detroit with workforce training which will increase career readiness and opportunities. They recently released a report stating that 47 percent of people in Detroit are “functionally illiterate.”

Continue reading “Shocking report reveals that almost 50% of Detroit residents can’t read”