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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Column: How the retail lobby sold a $45-billion whopper about organized shoplifting
If you’re making a list of big news stories of 2023, here’s one you might want to check twice: The surge in “organized retail crime,” or gang shoplifting. I’ve written before about the news media’s fixation on this phenomenon despite the unreliability of retailers’ claims about it, and especially when compared with the much more…
Beijing bourse tells ‘major shareholders’ to refrain from selling | Reuters News Agency
Business & Finance 28 November 2023, 4:28 am 1 minute Reuters exclusively reported that The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on its bourse from selling stock, worried that such sales could douse a long-desired rally. Market Impact The Beijing bourse currently houses 232…
Congress has a deal to fund the government and not much time to pass it
Comment on this storyComment Add to your saved stories Save Congressional leaders reached a $1.66 trillion agreement Sunday to finance the federal government in 2024, preserving funding for key domestic and social safety net programs despite GOP demands to cut the budget. Now lawmakers are up against a stiff deadline to pass legislation to codify…
Fed president says March ‘probably’ too early for rate cut after hot inflation report
The rocky path of inflation back to the Federal Reserve’s 2% target rate reflected in the latest Consumer Price Index figures means that it is likely too soon for the central bank to cut its policy rate in March, Cleveland Fed President Loretta Mester said on Thursday. “I think March is probably too early in my estimation for…
SEC makes it easier to trade bitcoin in landmark decision
Comment on this storyComment Add to your saved stories Save The Securities and Exchange Commission voted Wednesday to allow Wall Street firms to offer easier ways to buy and sell bitcoin on financial markets, a major decision that could lead to the cryptocurrency becoming more mainstream just over a year after the crypto markets crashed….
The last resort of bankruptcy is rising among Main Street businesses across America
Liquidation Sale signs in business storefront, Queens, New York. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images) Ucg | Universal Images Group | Getty Images Small business bankruptcies are on the rise. Subchapter V filings — which most small businesses these days are using to reorganize a floundering business — have outpaced filings from…
