What are FTSE 100 bosses earning in 2022?
Executive pay for FTSE 100 bosses has bounced back to pre-pandemic levels, says Harriet Agnew in the Financial Times.
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What Fraud? Liz Carmichael’s three-wheel car that could do “70 miles to the gallon”
The Arab oil embargo in the 1970s caused the price of petrol to spike. American motorists then, increasingly concerned about fuel efficiency, had their interest piqued when the previously unknown entrepreneur Liz Carmichael announced in 1973 that she had developed a
She claimed the three-wheel car, known as the “Dale”, could do 70 miles to the gallon.
What Fraud? John Stonehouse the “bungling fraudster” MP who faked his death
John Stonehouse was born in 1925. After graduating from the London School of Economics and then serving in the RAF for two years,
he worked as an economist. He contested various parliamentary seats before getting elected as a Labour MP for Wednesbury in 1957
The Rock, Jessica Alba and Clint Eastwood – Celebrities you didn’t know have side businesses
These are five celebrities you didn’t know have a business side to them
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Tesla worker wins fresh trial over race discrimination after turning down $15 million damages
After turning down a $15 million judgement, a federal court in California ordered a fresh trial on the damages Tesla Inc. owes to a Black former manufacturing worker who accused the firm of race discrimination.
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Apple ready to bargain with its first unionized store in Maryland
Staff have voted to become the first in the company to be part of a union
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Roe vs Wade: Adidas, Nike and Disney join the wave of companies who will help employees cover abortion travel costs
Companies are pledging support to their staff after the ruling gave states permission to make abortion illegal
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Why Tesla employees returning to the office had poor wi-fi and no parking spaces
When Tesla employees returned to the workplace after orders from CEO Elon Musk, they faced interrupted Wi-Fi and difficulty finding desks and parking spaces.
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UK employers set to slash pay for staff working at home
A survey from the Chartered Institute of Personnel and Development shows firms are moving to reduce pay
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UK Lloyds Pharmacy staff are fighting for pay hike after rejecting latest offer
The Pharmacists’ Defence Association (PDA) Union said it will contact Lloyds Pharmacy shortly about a higher wage rise offer after the majority of its members rejected the company’s recent 3% offer.
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Amazon employees protest the company’s online sale of anti-transgender books
Amazon employees marched in Seattle’s Pride Parade to protest the online retailer’s continued selling of anti-transgender books.
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Netflix has lost 1,600 staff so far this year
Netflix cut 300 jobs in its latest round of layoffs on Thursday, as the firm struggles with declining revenue growth.
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Apple emphasizes support for staff after controversial Roe vs Wade abortion ruling
Apple issued a statement in response to the Supreme Court’s decision today to overturn Roe v. Wade, which allows states to make abortion illegal.
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First unionized Starbucks workers to go on strike over treatment of colleagues forced to re-interview for jobs
The first unionized Starbucks workers in Seattle from the Broadway and Denny store on Capitol Hill are striking to protest the treatment of their co-workers at three locations.
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United Airlines pilots to get pay hikes as travel disruption continues
United Airlines pilots would get pay hikes of more than 14 percent over the next 18 months, as well as paid maternity leave under a new contract signed with the firm.
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Walmart grants $15K to JAG-K to continue workforce development
Walmart, the major retail business, has donated $15K to the Kansas chapter because it supports 36 employees who are also JAG-K students.
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Amazon CEO names new head for company’s troubled retail business
Amazon CEO Andy Jassy chose a new leader for the company’s problematic retail division, which is coping with a surplus of warehouse space as a result of the pandemic’s huge expansion.
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Vermont state employees set for biggest pay rise in 20 years
Members of the Vermont State Employees Association will get a three percent salary boost under a new two-year contract, as well as an extra $1,500 payout in January.
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Three billionaires who gave away their vast fortunes while they were still alive
It’s not easy to give away such enormous sums, but these three managed it.
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Candle maker Mayfield Consumer to create 500 new jobs in $33 million factory revamp after it was destroyed in tornado
Mayfield Consumer, a candle manufacturer, expects to hire more than 500 full-time workers at its Hickory facility over the next five years as it ramps up production.
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Hanley Energy adds 343 jobs in $8 million Virginia expansion
Hanley Energy, an Irish energy management firm, will invest $8 million in Loudoun County to grow its Hanley Energy Electrical branch, which will generate 343 jobs.
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Facebook settles in court over discriminatory housing advertising
The Department of Justice reached a settlement with Facebook owner Meta on charges that it involved discriminatory advertising in violation of federal housing law.
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Microsoft says its return to office plan may not happen in 2022
Microsoft has a message for firms that are expecting a spike of workers returning to the workplace this summer.
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Nike is officially leaving Russia
A number of other corporations have left Russia since the invasion of Ukraine.
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Netflix cuts 300 jobs in second round of layoffs
Netflix has seen a drastic drop in subscribers for the first time in more than a decade.
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UK car maker Rolls Royce to give £2,000 to staff members to ease cost of living crisis
Sky News reports the group has told thousands of employees it is offering the lump sum as well as a four percent pay rise dating back to March.
Business News
Nike plans to move to a smaller space in Georgetown
Nike wants to get rid of its great retail property in Georgetown near M Street and Thomas Jefferson Street, but it won't get very far if it does.
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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