Under Armour agrees to $67.49 million settlement with UCLA
Under Armour has agreed to pay UCLA $67.49 million to resolve a lawsuit filed two years ago.
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Idaho StatesmanDan Price, the CEO from Idaho who set a $70K minimum yearly salary, quits his job
Price said he is stepping down to dedicate more time to “fighting false allegations.”
- Bloomberg
Gazprom to Shut Pipeline for Three Days in New Shock to Europe
(Bloomberg) -- Gazprom PJSC will stop delivering natural gas to Europe through its main pipeline for three days, further squeezing energy supplies just as Germany is trying to build up stocks for the winter.Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeMueller Memo Advising Barr on Trump Findings Is Ordered ReleasedStocks Slide as Short-Sellers Cash In on Fedspeak: Markets WrapXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysApple Targets Sept. 7 for iPhone 14 La
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Storing Your Social Security Card – Why You Should Never Laminate It
It might seem like a good idea to protect your Social Security card by laminating it, but there's a reason why it's made out of fragile banknote paper. Learn: How To Boost Your Social Security...
- Associated Press
Russia probe memo wrongly withheld under Barr, court rules
The Justice Department under Attorney General William Barr improperly withheld portions of an internal memo Barr cited in announcing that then-President Donald Trump had not obstructed justice in the Russia investigation, a federal appeals panel said Friday. The department had argued that the 2019 memo represented private deliberations of its lawyers before any decision was formalized, and was thus exempt from disclosure. A federal judge previously disagreed, ordering the Justice Department to provide it to a government transparency group that had sued for it.
- Motley Fool
It May Be Time to Rethink the 4% Retirement Rule
There are two rules of thumb that many people have traditionally followed to guide their retirement savings: The 80% rule and the 4% rule. The 80% rule focuses on how much you'll need yearly, advising people to have 80% of their pre-retirement yearly income in retirement to maintain their lifestyle. The idea behind the 4% rule is that retirees could plan to withdraw 4% of their retirement savings yearly for 30 years (adjusting for inflation) without outliving their savings.
- Engadget
Dozens of Facebook contractors lost their jobs after an algorithm reportedly chose them 'at random'
A contracting firm hired by Meta recently told dozens of its workers that their work for Facebook “was soon being taken away,” according to a new report from Insider.
- American City Business Journals
In St. Louis, Centene dropping East Coast headquarters will ‘put a lot of worries to rest’
The Fortune 50 health care giant's plans for a $1B campus in Charlotte was viewed by many in St. Louis as a threat that the region's biggest public company could relocate its headquarters elsewhere. On Thursday, Centene ended those plans, which many saw as a relief.
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Judge: Michigan abortion ban can't be enforced
A Michigan judge has blocked county prosecutors from enforcing a pre-Roe abortion ban that would have allowed providers to be charged with a felony (Aug. 19)
- Fortune
America’s largest employers are sounding the alarm on immigration rules. Canada’s successful startup visa program shows us why
The failure of the U.S. to establish a startup visa program limits economic growth and cedes ground to competitors in the global race for talent.
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Disney, Netflix and Comcast Just Made a Huge Content Mistake
At a time when intellectual-property rights power TV, movies and theme parks, three companies just lost out on the biggest property that was still out there.
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What Is the Average Social Security Benefit at Age 62?
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- American City Business Journals
How did FedEx's employee count, turnover rate change amid the labor shortage?
High turnover rates are common among part-time workers in FedEx’s industry, according to the latest annual report.
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Expect 'sticker shock' from home heating costs this winter: Analyst
Households can expect to pay more to heat their homes this winter. “Natural gas futures prices are more than double what they were one year ago,” according to Andy Lipow of Lipow Oil Associates.
- USA TODAY
Allen Weisselberg, Trump Organization CFO, pleads guilty in tax fraud scheme in New York
The plea deal requires Allen Weisselberg to testify about the tax scheme if called as a government witness at the trial of the Trump Organization.
- Fortune
AT&T employees ‘forced’ back to the office started a Change.org petition to make remote work permanent
The telecom giant is reportedly reneging on its promise of a six-month extension of its work-from-home plan. It refuses to discuss a hybrid policy, one worker says.
- Business Insider
I'm Conan O'Brien's assistant of 13 years. I nap on the job, expense things I shouldn't, and talk back — and I'll probably work for him forever.
Sona Movsesian says she's a terrible assistant and doesn't like being told what to do — and Conan O'Brien is kind of OK with that.
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Fast food employee lists the 'worst types of people' at the drive-thru: 'They just scream'
A drive-thru employee is letting customers know exactly what not to be in a hilarious skit.
- American City Business Journals
Phillips 66 makes buyout offer for Colorado's biggest oil and gas employer
The Houston-based oil and refining giant makes a move to consolidate its hold on the Denver-based natural gas company.
- Business Insider
Russia's Gazprom announces surprise plans to shutter the Nord Stream 1 gas pipeline for 3 days
On Friday, Gazprom said the maintenance shutdown would take place between August 31 and September 2.
- Associated Press
Starbucks must reinstate fired workers, federal judge rules
A federal judge is ordering Starbucks to reinstate seven employees in Memphis who were fired earlier this year after leading an effort to unionize their store. In a decision issued Thursday, U.S. District Judge Sheryl Lipman agreed with the National Labor Relations Board, which had asked the court to intervene in May. The labor board said Starbucks violated U.S. labor law by interfering in workers' right to organize. Lipman’s decision requires Starbucks to offer to reinstate the employees within five days.