Nike Unite store to open in Downtown Silver Spring
A new Nike Unite store will launch later this year at the previous DSW Designer Shoe Warehouse property at 910 Ellsworth Drive.
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Kroger to invest $70 million in making cream and milk drinks
Kroger announced a $70 million investment in a 35,000-square-foot expansion at Tamarack Farms Dairy in west Newark.
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Goldman Sachs says Coinbase may need more job cuts as it downgrades to ‘sell’
After Goldman Sachs reduced the troubled cryptocurrency exchange’s shares to a “sell” rating and said that it could need to make further job cutbacks, Coinbase has been under increased pressure.
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Morgan Lewis is expanding to Seattle near clients Amazon and Microsoft
Morgan Lewis is opening a new office in Seattle and has hired 19 lawyers from litigation boutique Calfo Eakes.
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Scam victim sues PayPal after Venmo won’t reimburse him
A Venmo victim who lost over $2,500 and never received a refund has launched a class action lawsuit against the firm’s parent company, PayPal.
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Ronald Wayne: the man who sold stake in apple now worth $200 billion – But doesn’t regret it
Wayne cut his ties with the company in 1976, but says he was “standing in the shadow of giants.”
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What companies are doing to get staff back to the office – and why workers don’t want to
Businesses are struggling to get people back full time – and experts say there’s no needed
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EAB Data plans to create 200 new jobs in $6 million Virginia investment
EAB Global, a Washington, D.C.-based education data, direct marketing, and recruitment agency for colleges and universities , expects to add 206 positions in the Richmond area over the next five years.
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‘Pokémon Go’ creator Niantic cancels four projects and cuts 8 percent of staff
Pokémon Go became a global success after its debut in 2016, with users travelling 8.7 million kilometres in its first year alone.
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Why Lidl is offering the public a £22k reward for helping to find new sites
Lidl GB has asked the public for help in locating new store locations around the country.
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Tesla tracking employee attendance and sending warnings to staff over Elon Musk’s return to office order
Tesla is tracking employees’ office attendance, an employee at Tesla stated in a post on the professional network app Blind.
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Planned Amazon fulfilment center could bring hundreds of jobs to Connecticut
Amazon may be relocating to Waterbury and Naugatuck. According to officials, it will create up to 1,000 permanent employments.
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Walmart to go to court to face claims over whether California workers should have been paid for security checks
A US appeals court reinstated a claim that Walmart should have paid employees at a fulfillment facility in California for time spent undergoing security checks after they had clocked off.
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Lidl named UK’s cheapest supermarket with shopping baskets costing cheaper than Waitrose
Lidl was the cheapest supermarket for customers in May according to research from the British Retail Consortium (BRC) and NielsenIQ.
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Who’s getting what salary? Blackstone CEO earned more than $1 billion in 2021
Steve Schwarzman, CEO of private-equity giant Blackstone, took home $1.1bn in dividends and pay for 2021 – one of the biggest annual payouts
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While recruiting on LinkedIn, most employers commit serious mistakes
A study found that nearly 95 percent of LinkedIn users said employers should include a salary range in job postings on LinkedIn.
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What Lidl is doing to help customers on the east coast during the cost of living crisis
Lidl has lowered the costs of more than 100 products in all of its stores in nine east coast states.
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Texas mortgage company slashes majority of its employees after “significant operating losses”
A North Texas company, First Guaranty has downsized the bulk of its employees who work at its Plano office.
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Fossil fuel industry cut jobs in 2021 despite growth in production
Renewable energy employment surged in 2021, but fossil fuel employment decreased – even as fossil fuel output increased.
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GlobiTech semiconductor expansion to create 1,500 jobs in North Texas
GlobiTech will develop a state-of-the-art 300-millimeter silicon wafer facility at its present location in Sherman
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Google could buy Chicago’s famous Thompson Center for its new office
The IT giant is negotiating to acquire the James R. Thompson Center, 100 W. Randolph St.
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Lawsuit launched against Walmart over $197 million fraud allegations
The Federal Trade Commission (FTC) accuses Walmart of allegedly allowing fraudsters to exploit its money transfer services to defraud consumers out of millions of dollars.
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Who’s getting what salary? Blackrock boss Larry Fink’s pay increases to $36 million
Asset- management giant BlackRock has handed its chief executive Larry Fink a 21 percent pay rise, taking his total pay to $36m last year,
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Roe vs Wade: Amazon workers demand time off to ‘protest against this assault on our rights”
Amazon workers outraged by the Supreme Court’s recent decision to overturn Roe vs Wade requested “space and time” from the business
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Roe Vs Wade: Google will allow employees to relocate after Supreme Court rules against abortion rights
Following the Supreme Court’s decision to overturn Roe v. Wade, Google informed employees that they can relocate to other states without explanation.
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Tesla lays off hundreds of Autopilot workers in latest cuts
Tesla laid off hundreds of Autopilot team members as the automotive company closed a California factory, one of the largest reported cuts amid a broader labor reduction.
Business News
What Amazon and Walmart are doing with Artificial Intelligence to gain an advantage over each other
Being large has its own set of issues, and few firms are larger than Walmart. The corporation employs around 2.3 million people globally and is the world's largest retailer by revenue.
Tech News
Amazon launches its first fully autonomous mobile robot ‘Proteus’
Amazon has unveiled its first completely autonomous mobile robot, which will be used to transport huge carts across its facilities.
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