Broadcom will acquire VMware for $61 billion
Broadcom is acquiring VMware for $61 billion in cash and stock deal which will be one of the biggest tech acquisitions ever.
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Stellar to build the expansion of Jack Link’s Florida distribution facility
Jack Link’s Protein Snacks has awarded a design-build construction project to Stellar, a fully integrated firm specialising on design, engineering, construction, and mechanical services worldwide.
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Calumet Electronics Corporation expansion in Lower Michigan to create 80 new jobs
On Tuesday, May 26, Governor Gretchen Whitmer and the Michigan Economic Development Corporation announced Michigan Strategic Fund approval of a wide range of projects across the state.
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Bruce Springsteen, The Rock and Jay Z – The top 5 highest-paid entertainers of 2022
Superstars like Dwayne Johnson and Bruce Springsteen have had very good years.
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GlobalFoundries to build multi-billion new factory in Luther Forest
GlobalFoundries, a semiconductor manufacturing company intends to purchase 800 acres in Saratoga County to build a new facility.
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Amazon board rejects motions on staff treatment and health and safety
The board said the company is already addressing a lot of concerns raised.
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This is why women are still paid 83 cents for every dollar men earn in the US
This is why women are still paid 83 cents for every dollar men earn
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The innovative submarine company that allows people to get married 200 meters under the sea
U-Boat Worx, based in Denmark, has launched a new class of submarine, which can host a range of unique events, including weddings.
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Twitter to pay £150 million fine for user privacy violations
Twitter will pay a $150 million fine and implement new measures to settle federal regulators’ charges that the social media platform failed to protect users’ data privacy during a six-year period.
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Blacksmiths Robert Thomas Iron Design expansion in Charleston County will create 45 new jobs
The firm Robert Thomas Iron Design is investing more than $2 million in an expansion.
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Driving license maker Mühlbauer creating new jobs in Virginia
Mühlbauer Inc., based in Newport News, will invest $9 million to expand its Newport News operation, creating 32 jobs, Gov. Glenn Youngkin announced on Thursday, May 26.
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Elon Musk sued by Twitter investors for alleged stock manipulation
Elon Musk was sued by Twitter investors, for manipulating the company’s stock price downward, as he prepares a $44 billion takeover attempt for the social media site.
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There are more construction jobs in 32 states than there are workers
The strongest construction sector job growth since February 2020 has occurred in Utah, while the “worst declines” have occurred in New York.
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Memphis regains all jobs lost in the COVID-19 pandemic, reaching record-high employment levels
The Memphis region has fully regained all of the jobs lost during the COVID-19 pandemic, with employment reaching a record level of 661,400 in April.
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CEOs who still cashed in despite their business collapsing
Some bosses have done very well, even if their companies haven’t.
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Apple rumored to be front runner to merge with FIFA game maker EA
Disney and Amazon are also said to be interested
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Supreme Rice’s new product line brings 20 new jobs to Louisiana
Officials with the Louisiana Department of Economic Development said on Wednesday, May 25 that a rice milling company investing $16.2 million in facilities to make ready-to-eat products will create 20 jobs in Acadia Parish.
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Amazon launches its first-ever retail store ‘Amazon Style’
Amazon Style, Amazon’s physical clothes store, has opened in Los Angeles at the city’s largest retail center
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Eli Lilly reveals $2.1 billion expansion in Indiana, adding thousands of new jobs
Eli Lilly plans to expand in Indiana which will likely create 500 high-paying jobs and 1,500 vacancies in construction.
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Apple staff set for pay rise as company looks to keep “the best team members in the world”
Apple announced on Wednesday, May 26 that wages for corporate and retail employees will be increased later this year. The move comes amid a record tight labour market in the United States, as well as rising inflation and living costs for employees.
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How Amazon is encouraging more women to get involved in engineering
Amazon is encouraging more women to get involved in the Future Engineer bursary scheme
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Why staff in Virginia are leaving mental health jobs to work at Chick-fil-A
Virginia Secretary of Health and Human Resources John Littel made an eye-opening remark about the state’s understaffed and overburdened mental health facilities at a meeting last week.
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Three CEOs who reached the top and then spectacularly fell from grace
These men all presided over huge success and then controversy and failure.
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How US businesses are offering new perks to get staff back into the office
A number of companies are offering improvements to get get people in
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PayPal will layoff its 83 employees from San Jose offices
PayPal is slashing 83 employees from its headquarters in North San Jose, California.
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Capital One sets date for hybrid return to office
Tysons-based Capital One — which has almost 10,000 employees at its headquarters and elsewhere in the D.C. area — has once again set a return-to-the-office date, but remains committed to a fully hybrid schedule for its employees.
Business News
Walmart will deliver groceries to 4 million homes using flying drones
Four million homes will soon be able to order goods from Walmart and have them delivered by air.
Tech News
Google opens its new Bay View campus dedicated to flexible working
Google is opening its latest campus designed specifically for worker flexibility in Mountain View, California.
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