SpaceX Illegally Fired 8 Workers Who Criticized Elon Musk: Feds
The employees had alleged that the rocket company failed to address a culture of sexism and discrimination.
Bitcoin gives back Tuesday’s new year rally as traders weigh ETF decision, Fed policy
Bitcoin on Wednesday reversed its new year rally as investors weighed the Federal Reserve’s policy outlook and stayed on alert for updates on the Securities and Exchange Commission’s looming bitcoin exchange-traded fund decision. The price of bitcoin was last lower by more than 4% at $42,685.85, according to Coin Metrics. Earlier in the day, it…
New reason to skip alcohol, changing weight loss goals, and what smoking does to the brain
As weight-loss medications like Ozempic and Wegovy peak in popularity moving into the New Year, semaglutide experts believe these meds could make it more likely that people will stick with their resolutions. (SEBASTIEN BOZON/AFP via Getty Images) STICKING WITH IT – Ozempic and other weight-loss drugs may strengthen New Year’s resolutions, experts say. Continue reading……
Xerox to cut 15% of its workforce
Signage is displayed outside the Xerox headquarters in Norwalk, Connecticut. Michael Nagle | Bloomberg | Getty Images Xerox on Wednesday announced it will cut 15% of its workforce as part of a plan to implement a new organizational structure and operating model. Xerox, which offers digital printing and document management technologies, had about 20,500 employees…
SpaceX illegally fired workers who called Elon Musk an ‘embarrassment’: labor agency
Rocket and satellite maker SpaceX on Wednesday was accused by a US labor agency of unlawfully firing eight employees for circulating a letter calling founder and CEO Elon Musk a “distraction and embarrassment.” A regional official with the National Labor Relations Board issued a complaint claiming SpaceX violated the workers’ rights under federal labor law to band…
Xerox to Cut Workforce 15% and Overhaul Operating Model
Updated Jan. 3, 2024 1:42 pm ET Xerox Holdings said it would reduce its workforce by 15% and shake up its leadership team as it reorganizes its operating model. The printer maker said Wednesday that it had formed a global business-services unit as it aims to stabilize its core print business. Xerox also plans to…
Maersk shares surge after shipping firm extends Red Sea pause, freight rates rise
Shipping giant Maersk on Wednesday notched a second consecutive session of strong gains as investors assessed a ratings upgrade and its decision to prolong a halt on Red Sea travel due to safety concerns. The Danish firm topped Europe’s Stoxx 600 gainers, with its Copenhagen-listed shares provisionally closing up 5.1% following Tuesday’s 6.4% rise. Shares…
Samsung to announce new phones ‘powered by AI’ on Jan. 17
A man walks past the Samsung logo displayed on a glass door at the company’s Seocho building in Seoul on April 7, 2023. Jung Yeon-je | Afp | Getty Images Samsung recently announced it will host a news conference in San Jose, California, on Jan. 17 where it will unveil its newest Galaxy phones. Samsung…
New year kicks off with a rise in respiratory virus infections and hospitalizations
New year kicks off with a rise in respiratory virus infections and hospitalizations – CBS News Watch CBS News Triple threat of respiratory viruses is driving an increase in infections and hospitalizations across the U.S. Dr. Celine Gounder offers tips to stay healthy and advice for what to do if you feel sick. Be the…
