Ford investment in new Michigan jobs announced at Mackinac Policy Conference
Wayne and Monroe counties appear to be the biggest beneficiaries of today's announcement by the blue oval, but political leaders from across the state rejoiced at the news.
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Business InsiderPaint issues on Qatar's A350 jets have put the carrier in a bitter legal dispute with Airbus. Take a look at 2 of the grounded planes.
Qatar is seeking over $600 million in damages from Airbus over paint damage on its A350 jets — an issue the planemaker says is simply "cosmetic."
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Ex-gas station manager is trying to keep GoFundMe money for 'living expenses' since company that fired him over mistake doesn't want it
John Szczecina raised over $24,000 on GoFundMe. Those who donated to the cause to pay back his former employer can still request a refund.
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People Are Sharing 'Motivational' Things Their Jobs Tried That Totally Backfired, And Now I Understand The Great Resignation
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- The Telegraph
Employers across the country are preparing to slash pay for home workers
Employers across the country are preparing to slash pay for home workers as part of radical plans that could ignite a widespread backlash among staff.
- Associated Press
Japan high court rejects paternity harassment allegations
A Japanese High Court on Thursday rejected an appeal by a former brokerage manager alleging on-the-job harassment and unlawful dismissal after he took parental leave while working at Mitsubishi UFJ Morgan Stanley. The case of Glen Wood, a Canadian who has lived in Japan for more than three decades, has come to symbolize concerns over “paternity harassment,” or “pata hara.” Wood's is a rare case, for Japan, of a father seeking to take parental leave.
- Reuters
Cisco wins reversal of $2.75 billion damages award because judge's wife owned stock
(Reuters) -A U.S. appeals court on Thursday threw out a more than $2.75 billion award against Cisco Systems Inc, saying the trial judge should have disqualified himself after learning that his wife owned Cisco stock. The 3-0 decision by the U.S. Federal Circuit Court of Appeals was also a defeat for Centripetal Networks Inc, a Virginia company that had sued Cisco for damages and royalties for allegedly copying five cybersecurity patents. The trial judge, U.S. District Judge Henry Morgan in Norfolk, Virginia, found Cisco liable for patent infringement in October 2020, two months after learning that his wife owned 100 Cisco shares worth $4,688.
- Reuters
Bristol Myers must face $6.4 billion lawsuit over delayed cancer drug
A U.S. judge on Friday refused to dismiss a $6.4 billion lawsuit accusing Bristol Myers Squibb Co of delaying its Breyanzi cancer drug to avoid payments to shareholders of the former Celgene Corp, which the drugmaker bought for $80.3 billion in 2019. U.S. District Judge Jesse Furman in Manhattan rejected Bristol Myers' claim that it was never properly notified about its alleged default on its merger obligations by UMB Bank NA, the trustee representing the former Celgene shareholders. Bristol Myers and its lawyers did not immediately respond to requests for comment.
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A North Carolina community college is closing its buildings and making staff work from home one day a week amid soaring gas prices
Southwest Tennessee Community College has also shifted to online-only on Fridays due to "historic inflation numbers and increasing gas prices."
- People
Costco Faces Animal Welfare Lawsuit Over Their $4.99 Rotisserie Chicken
The lawsuit comes after nonprofit Mercy for Animals depicted one of Costco's contracted barn's treatment of their chickens in a video posted last February
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Warren Buffett will likely acquire Occidental Petroleum once its credit situation improves after already plowing nearly $20 billion into the company, Truist says
Buffett built a massive stake in Occidental Petroleum over the past three years, having first purchased $10 billion worth of preferred stock in 2019.
- Fortune
Redfin shareholders approved executive bonuses and huge compensation packages on the same day the company announced major layoffs. How is that legal?
Big executive payouts during times of financial distress is something corporate America is accustomed to.
- Bloomberg
Almost $4 Billion in Bitcoin Miner Loans Are Coming Under Stress
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"You Hear Everything When They Assume You're Straight": People Are Opening Up About Coming Out At Work, And We Still Have A Long Way To Go
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New Tesla factories losing billions of dollars, Musk says
Elon Musk said the Covid-19 lockdown in Shanghai was "very difficult" for the electric car maker.
- Reuters
Toyota recalls first mass-produced EVs less than 2 months after launch
Toyota Motor Corp said on Thursday it would recall 2,700 of its first mass-produced electric vehicles (EVs) for the global market because of a risk the wheels could come loose. The world's largest automaker by sales submitted the recall of the bZ4X SUVs to Japan's transportation ministry. Of the 2,700 vehicles, 2,200 were earmarked for Europe, 260 for the United States, 10 for Canada and 110 for Japan, the company said.
- The Hill
Senate retirement bill benefits wealthy Americans
A retirement bill currently under negotiation in the Senate gives rich Americans a tax break by bringing forward the payment schedule to remain revenue-neutral within the 10-year budget window, but ultimately adds to the national deficit unless a future Congress raises taxes. The Senate’s Enhancing American Retirement Now (EARN) Act raises the age at which…
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The high-flying energy sector is suffering one of its worst streak of losses in 40 years as oil prices pull back
The S&P 500 Energy Sector has lost about 24% over the past two weeks but is still the only group with gains on the S&P 500 index so far this year.
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Husco International embraces Afghan refugees as solution to workforce shortage
After months of limited results in hiring for second-shift positions at its Waukesha plant, Husco International executives leaped at the opportunity to recruit refugees from Afghanistan — and the manufacturer has filled many of its openings.
- NBC News
ER doctor who became sick with Covid at work says she was told to 'finish the shift'
A group of Houston doctors allege that American Physician Partners officials pressed them to work while ill, even if they had Covid and could spread it to patients.
- WSJ
Elon Musk Says Tesla’s New Factories Are ‘Gigantic Money Furnaces’
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