Richard Allen's attorneys told the judge their client has "nothing to hide."
(Bloomberg) -- Indian authorities have prevented Vivo from exporting some 27,000 smartphones for more than a week in a setback to the Chinese company’s plan to ship devices from India to neighboring markets.Most Read from BloombergTrump Companies Are Convicted in NY Criminal Tax Fraud TrialChina Eases Curbs in Major Shift From Covid Zero PolicyApple Scales Back Self-Driving Car and Delays Debut Until 2026‘Huge, Missing and Growing:’ $65 Trillion in Dollar Debt Sparks ConcernWall Street Goes Risk
A group of Meta Platforms, Inc (NASDAQ: META) workers who joined via a corporate training program alleged inferior severance packages compared to other workers whom the company recently laid off. The employees were members of Meta’s Sourcer Development Program, likely to help workers from diverse backgrounds obtain careers in corporate technology recruiting, CNBC reports. Nearly every member of Meta’s Sourcer Development Program, more than 60 workers, was let go from the company as part of its m
You've Heard Of "Quiet Quitting," But Now Get Ready For "Shift Shock," The Trend That's Ruining Your New Job
Feel lied to about your new job? It's called shift shock, and it's not you.View Entire Post ›
CHICAGO (Reuters) -Delta Air Lines' offer to give pilots a 34% cumulative pay increase in a new four-year contract has boosted hopes of similar raises at rivals United Airlines, American Airlines. While Delta's offer still requires the approval of union leaders and then a ratification by its pilots, aviators at United and American told Reuters the Atlanta-based carrier has "raised the bar" with a "very strong" proposal. "This is going to be the benchmark," an American pilot said.
- Business Insider
Foreign workers on H-1B visas laid off by Meta asked to stay on the company payroll longer to avoid having to leave the US, report says
Workers on H-1B visas have just 60 days to find a new job if they are laid off, otherwise the must leave the US.
The layoffs and cost-cutting that Intel Corp. executives recently warned about have begun in California, with a couple of hundred employees set to lose their jobs next month, and manufacturing employees worldwide being offered unpaid leave.
Mazars performed a proof-of-reserves and proof-of-liabities audit on the centralized exchange.
- American City Business Journals
General Electric, whose spinoff of its health care and energy companies will leave Evendale-based GE Aerospace as the sole company, bought out every single print add in the New York Times for the first time in the newspaper's history.
Brent, the international benchmark grade, dropped 4% to $79.35, marking its first time below $80 since January.
Tech workers are rallying together to help peers who face having to leave the US after being laid off.
United Airlines Chief Executive Scott Kirby said a tentative contract agreement between rival Delta Air Lines and its pilots union would set an industry pattern. "It's a rich contract but I think the really good news is it means we'll all get deals done essentially on the same terms and can move forward," Kirby told Reuters on the sidelines of an event in Washington late Monday. Delta struck a tentative deal Friday to give pilots a 34% cumulative pay increase in a new four-year contract.
- The Hill
The Supreme Court on Monday chose not to take a case brought against Dominion Voting Systems and Facebook by voters who claimed that the two companies illegally influenced the 2020 election. Kevin O’Rourke, et al. filed a petition in September for a writ of certiorari, or review of the case by the Supreme Court, which…
- The New York Times
Ever since she was a 10th grader in Seattle, Annalice Ni wanted to develop software for a prominent tech company like Google. So she went to great lengths to meet the internship and other résumé criteria that make students attractive hires to the biggest tech firms. In high school, Ni took computer science courses, interned at Microsoft and volunteered as a coding teacher for younger students. She majored in computer science at the University of Washington, earning coveted software engineering i
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- Business Insider
Hundreds of people are applying for a chance to work at Elon Musk's 'hardcore' Twitter 2.0 — even after the billionaire laid off half the company's workforce
Twitter listed over a dozen jobs on LinkedIn on Sunday, but indicated they were "not for immediate hire" at the company.
- Canary Media
It’s hard to argue that shipping U.S. liquefied natural gas (LNG) overseas actually benefits the American public. But that hasn’t deterred the U.S. Department of Energy from repeatedly making this weak claim as it rubber-stamps approvals for new LNG-export applications. It’s time for the Biden administration to…
The European Commission said on Wednesday it had requested the formation of adjudicating panels at the World Trade Organization, the next step in two trade disputes with China after failing to resolve them bilaterally. The disputes, both brought to the WTO at the beginning of the year, concern alleged Chinese restrictions on EU companies' rights to use foreign courts to protect their high-tech patents and on trade with EU member Lithuania. The EU executive, which oversees trade policy for the 27-member European Union, said both sets of measures were highly damaging to European businesses, with those against Lithuania disrupting intra-EU trade and supply chains.
Gasoline prices are falling sharply with the national average price targeting even more declines by Christmas.
(Bloomberg) -- Most Read from BloombergTrump Companies Are Convicted in NY Criminal Tax Fraud TrialChina Eases Curbs in Major Shift From Covid Zero PolicyApple Scales Back Self-Driving Car and Delays Debut Until 2026‘Huge, Missing and Growing:’ $65 Trillion in Dollar Debt Sparks ConcernWall Street Goes Risk Off as Bank CEOs Sound Alarm: Markets WrapA Tesla event touting one product wouldn’t be complete without Elon Musk teasing a next one.While marking the initial delivery of Tesla Semi trucks l
In September, the Ethereum cryptocurrency network managed to pull off what it had been promising to do for years: switch to a model of mining that is far less emissions-intensive than the standard, a move known as the Merge. Did the switch do anything for the currency’s emissions? Could it be a good solution to the huge climate issues plaguing crypto?