Business Briefs – October 8, 2018

Former Trump Aide Hope Hicks To Work at Fox Company

NEW YORK (AP) – President Trump’s former communications chief Hope Hicks is taking on a similar role at the new Fox company, meaning she’ll supervise messaging at her former boss’ favorite media network. The new company, being created by the shedding of many of 21st Century Fox’s entertainment assets to the Walt Disney Co., will include Fox News Channel, the Fox broadcasting network, several local Fox stations and Fox Sports. Hicks’ hiring was announced Monday by Viet Dinh, chief legal and policy officer. Hicks, who left the White House on March 29, will be based in Los Angeles. Hicks had a mostly behind-the-scenes role at the White House.

Working Past 65? It’s Easier to Do If You Graduated College

NEW YORK (AP) – Close to one in five Americans who’s 65 or older is still working, the highest percentage in more than half a century. And the one who’s still working may be better off. As more and more Americans delay retirement, it’s those with a college degree that find it easiest to keep working past 65. Their less-educated peers, meanwhile, are having a more difficult time staying in the workforce. It’s a crucial distinction because financial experts say both groups would benefit from working an extra year or more to improve their retirement security. By staying on the job, older Americans can build up their savings, which in too many cases are inadequate. Plus, they can allow bigger Social Security benefits to accrue.

2,700 Workers At Major Hawaii Hotels Join National Strike

HONOLULU (AP) — Workers at some of Hawaii’s most iconic hotels are joining a national strike. About 2,700 Marriott employees on Oahu and Maui on Monday joined the strike that began last week in Boston, San Francisco and other cities. They work at four Waikiki properties operated by Marriott, including The Royal Hawaiian Hotel, an historic institution famous for its pink exterior. Workers at the Sheraton Maui are also striking. Waikiki Beach Marriott workers are not currently striking. Workers are picketing the properties. Leaders of the Unite Here Local 5 union say they have not reached agreement with management on a union demand for workers to be paid enough so they only need one job to support themselves.