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Categories Business

Amazon workers must return to office full time, CEO says

Author September 17, 2024

Amazon is requiring its workers to return to the office full time. In a note published Monday by the e-commerce giant, Amazon

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Categories Business

Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike

Author September 17, 2024

Boeing announced sweeping cost cuts Monday, including a hiring freeze, a pause on nonessential staff travel and a reduction on supplier spending to

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Categories Business

Boeing factory workers strike after overwhelmingly rejecting contract

Author September 15, 2024

Boeing’s factory workers walked off the job early Friday, halting production of the company’s best-selling airplanes after staff overwhelmingly rejected a new

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Categories Business

Tesla Semi fire in California took 50,000 gallons of water to extinguish

Author September 14, 2024

A single-vehicle collision last month involving a Tesla Semi electric truck took 50,000 gallons of water to extinguish and required aircraft to dump fire

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Categories Business

Amazon hikes wages for contract delivery drivers as union pressures grow

Author September 13, 2024

Amazon is bumping its average national pay for contracted delivery drivers to roughly $22 an hour, up from $20.50 an hour, the company said Thursday. The

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Categories Business

American Airlines flight attendants ratify new contract with immediate raises topping 20%

Author September 13, 2024

American Airlines flight attendants approved a five-year labor deal, ending one of the industry’s most contentious contract negotiations and giving cabin crews raises

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Categories Business

UAW, U.S. dealers increase criticism of Stellantis CEO over cuts, sales declines

Author September 13, 2024

DETROIT — Stellantis’ U.S. dealer network has joined the United Auto Workers union in criticizing CEO Carlos Tavares for the company’s recent sales

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Categories Business

Trump Media shares sink to new post-merger low after presidential debate

Author September 12, 2024

The share price of Trump Media plunged more than 10% on Wednesday, a day after majority shareholder Donald Trump gave a widely panned presidential debate performance against Vice

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Categories Business

Caroline Ellison seeks to duck prison sentence for role in FTX collapse

Author September 12, 2024

Lawyers for Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried, are recommending no prison time for their

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Categories Business

After success in Paris, Los Angeles looks to elevate Olympic Games in 2028

Author September 12, 2024

After a successful 2024 Olympics and Paralympics in Paris, the bar has been set high for the next summer Games in Los

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