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Delta Airlines employees to fork out $200 per month if they aren’t vaccinated

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America’s third largest airline, Delta, is set to impose a $200 monthly fee for unvaccinated employees

In addition to the new mandate – Delta Airlines also says it will only pay sick pay to COVID sufferers who have been fully vaccinated but still get infected.

The airlines CEO, Ed Bastian said it would help stem the “aggressive spread” of coronavirus as infections rise across the US.

It is the latest attempt by a big firm to encourage staff into getting the jab

In a statement, Mr Bastian stated that the airline’s surcharge would apply from 1st of November to staff enrolled in its healthcare insurance plan, meaning most of its 75,000 workers will be impacted.

Bastian confirmed that the average hospital stay for Covid-19 now cost Delta $50,000 per person which was “untenable”.

“This surcharge will be necessary to address the financial risk the decision to not vaccinate is creating for our company,”

Masks also become a mandated requirement to the unvaccinated

Additionally, from 30 September unvaccinated staff at the airline will also be required to undertake weekly COVID-19 tests and the use of masks will be compulsory in all wear in all indoor Delta settings.

“In recent weeks since the rise of the B.1.617.2 variant, all Delta employees who have been hospitalised with Covid were not fully vaccinated.”

The Ceo said.

The latest announcement from Delta Airlines comes as US firms continue trying a range of approaches to encourage staff to get vaccinated – especially as the Delta variant of coronavirus sweeps across America.

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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