Google’s billions make job cuts ‘needless’ – union
The Alphabet Workers Union criticises the tech giant for axing hundreds of jobs despite vast earnings.
The Alphabet Workers Union criticises the tech giant for axing hundreds of jobs despite vast earnings.
After five months of on-and-off strikes by Southern California hotel workers, there are signs of progress toward a resolution. On Friday, Unite Here Local 11 announced it had reached a tentative contract agreement with the Beverly Hilton covering more than 500 unionized workers. The union struck deals Saturday with two other properties managed by Hilton:…
Artificial intelligence is no longer a side project. It is no longer an innovation lab experiment. It is quietly restructuring corporate power — and many leaders are underestimating how fast the shift is happening. AI is not just changing workflows. It’s changing leverage. And in business, leverage determines power. Efficiency Is Becoming a Competitive Weapon…
Walgreens Boots Alliance has agreed to pay $360 million to insurance company Humana to settle a lawsuit alleging the retail-pharmacy chain overcharged for prescription-drug reimbursements. Walgreens disclosed the settlement in a securities filing last week. The company said it had asked a federal court to vacate a previous award in Humana’s favor for $642 million….
Workers went on strike Monday at the Michigan plant where Dodge parent company Stellantis produces its highly profitable Ram 1500 series pickup truck, according to the United Auto Workers union. The walkout at the Sterling Heights Assembly plant marks another significant escalation in the UAW’s concurrent strikes against the “Big Three” automakers, which includes Ford…
Astrobotic’s Peregrine lunar lander is seen during preparations for launch near NASA’s Kennedy Space Center in Florida. United Launch Alliance Pittsburgh-based Astrobotic’s inaugural lunar mission suffered a malfunction shortly after launch, and the company is calling off the landing attempt. It would have been the first U.S. moon landing in more than 50 years. Astrobotic…
Updated Jan. 11, 2024 3:19 pm ET EBay agreed to pay a $3 million criminal penalty after employees engaged in a harassment campaign against two bloggers for their coverage of the company, including mailing them live cockroaches and a fetal pig. The e-commerce giant was charged with two counts of stalking through interstate travel, two…