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.
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Bank Earnings Season Is About to Start. Here’s What to Expect.
Big banks held up well in 2023, even though the Federal Reserve continued to raise interest rates at a fast clip. Reports on fourth-quarter bank earnings, which start this week, should show how the banks’ customers fared in the harsher rate environment.  So far, households have continued to spend and borrow, despite higher borrowing costs,…
Article on Bill Ackman’s Wife Triggers Tensions Between Business Insider and Owner
Updated Jan. 9, 2024 8:22 pm ET Since acquiring Business Insider nine years ago, Axel Springer has largely steered clear of intervening in the news outlet’s editorial operations, even when high-profile people objected to unflattering articles about them. That hasn’t been the case in recent days. Copyright ©2024 Dow Jones & Company, Inc. All Rights…
Labor regulators seek to force Starbucks to reopen six L.A. stores
Federal labor regulators are looking to force Starbucks to reopen six Los Angeles-area Starbucks stores and 17 other locations that were closed across the country in 2022 in a move that was allegedly done to suppress union organizing. The complaint filed by the National Labor Relations Board accused Starbucks of closing stores where workers had…
Netflix’s cheaper ad tier surges to 23M monthly active users: ad chief
Netflix has seen subscriptions for its lower-priced advertising tier soar — jumping by 8 million over the past two months, the company said. The streaming giant — which rolled out its Basic With Ads plan for $6.99 a month in November 2022 — has amassed more than 23 million global monthly active users, according to…
Kern County is poised to become warehousing’s next frontier
Season upon season, watermelons, carrots and corn have sprouted from Daniel Rudnick’s 255-acre farm along Interstate 5 in Buttonwillow, Calif. Now, the ground lies unplanted. In the next year, it will be cleared and graded to build a 4-million-square-foot warehouse complex. “Our plan all along was that we were going to leverage the value of…
House Republicans push IRS for answers on processing pause for small business tax credit
Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023. Jonathan Ernst | Reuters House Republicans are pressing the IRS for answers after the agency paused processing new claims for a pandemic-era small business tax break. Lawmakers voiced “continued concerns” about the…
