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Union President Blasts Ford Chairman: ‘He Knows Exactly How To Settle This Strike’
The executive chairman of Ford Motor Company broke his silence on the monthlong auto workers strike on Monday and said the work stoppage could “devastate local communities” if it continues. Bill Ford, the great-grandson of Henry Ford and the company’s chairman since 1999, also criticized the United Auto Workers union for recently shutting down the…
J D Wetherspoon to open pubs at Haven holiday parks
The first pub will open at Haven’s Primrose Valley Holiday Park in Filey, North Yorkshire, in March.
Two Wall Street Firms Took Huge GameStop Losses After Admitting Defeat To Redditors
Two of the major hedge funds targeted by investors on Reddit pushing up the stock price of GameStop have waved expensive flags of defeat and sold out of their investments, losing millions of dollars. On Wednesday, the stock price of GameStop (GME), the mall retailer for video games, soared 134%, a staggering increase of 748%…
Amazon Misses EU Deadline for Concessions Over iRobot Deal
Updated Jan. 11, 2024 6:14 am ET Amazon.com missed a Wednesday deadline to offer remedies to the European Union over its $1.7 billion acquisition of Roomba maker iRobot, after the bloc had raised concerns that the deal could stifle competition in the robot vacuum cleaner market. The European Commission, the EU’s executive arm, made its…
Millions of gig workers could qualify as employees under new Biden-era rule
Comment on this storyComment Add to your saved stories Save Millions of gig workers, janitors, home-care workers, construction workers and truckers could be considered employees rather than independent contractors under a final rule announced Tuesday by the Labor Department. The rule effectively expands the reach of federal labor laws that require employers to extend certain…
Record deals and tax-avoidance maneuvers: Southern California’s priciest sales of 2023
Southern California’s luxury real estate market never sleeps. But this past year, it collectively caught its breath. Luxury sales slowed down in 2023 — a combination of soaring interest rates, a newly introduced “mansion tax” and an inevitable drop-off from a pandemic market when megamansions flipped like hotcakes. In 2022, there were 17 home sales…
