Elon Musk announces plans to buy Manchester United – and then says it was a joke
The billionaire software entrepreneur announced the acquisition in a brief tweet on Tuesday,he later said it was a joke.
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Starbucks attempts to pause elections at its US stores as battle against unions continues
Starbucks asked the National Labor Relations Board to temporarily halt all in-mail ballot union elections at its US stores, citing voting irregularities.
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Apple lays off recruiters in drive to limit hiring and spending
Apple terminated off many of its contract-based recruiters in the previous week, part of a push to rein in the tech giant’s hiring and spending.
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Vandor and Dot Transportation to expand in Michigan and add 70 jobs
The Wayne County EDC announced Monday that two firms in the county are intending to expand their operations.
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Amazon warehouse workers in upstate New York seek to unionize
Amazon employees in a facility near Albany, New York, have petitioned the National Labor Relations Board for a union election.
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Oil giant Saudi Aramco posts biggest profit of any company in the world
The company is owned by the Saudi state and it is using the cash generated to reduce its debts and fund a massive expansion of its production capacity.
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Walmart strikes exclusive streaming deal with Paramount
Walmart has agreed to offer Paramount Global’s streaming service as part of its Walmart+ membership package.
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How con man and born-again-Christian Barry Minkow got famous for leading one of the biggest Ponzi Schemes in the world
This is how one of the most famous Ponzi Schemes in history failed
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Apple employee could face disciplinary action over viral TikTok video
A TikTok video instructing viewers not to unlock stolen iPhones for the burglars may result in disciplinary action against the Apple developer who contributed.
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Amazon workers walk out at major West Coast air hub over pay and safety
Workers are organising within the e-commerce behemoth’s critical air logistics business, seeking more pay and enhanced safety.
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HBO Max job cuts hit 70 people as company battles to reduce $53 billion debt
HBO is laying off around 14 percent of its personnel, or 70 people, as part of a larger wave of cost-cutting by parent company Warner Bros. Discovery.
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Apple staff will return to the office for three days a week from September
Apple will require its corporate employees to be in the office at least three days a week by September 5, after delaying its plans several times due to COVID-19 surges.
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Gentex $300 million expansion will create 500 new jobs in Michigan
The new complex would allow more capacity for making glass, automatically dimming mirrors, and other electronics and displays, as well as new fire protection technology.
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Best Buy cuts jobs across the US after sales drop
Best Buy said that it is laying off employees nationwide, almost two weeks after warning that sales were worse than anticipated.
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Amazon and Waitrose ban customer for repeated complaints and returning too much
Retailers can bar customers for of their view returning too many things or making too many criticisms, as Nannette Herbert has found.
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Peloton to slash 800 jobs and put up prices as it fights for survival
The company’s stock has fallen by nearly 90 percent in the last year.
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“If you care about the reality of doing good and not the perception of doing good, then it is very hard to give away money effectively” – Elon Musk on climate change
The Tesla billionaire is a big supporter of climate science
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Chipotle reaches $20 million settlement over violation of worker’s laws – the biggest in the city’s history
The settlement is the largest in the city’s history and is over the
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Microsoft lays off team committed to rebuilding customer appeal
Microsoft has scrapped a team commited to rebuilding its appeal to customers and given nearly 200 staff the option of moving to other departments or leaving.
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Cement maker Calucem will spend $35 million to build first US operation in New Orleans
Company officials have confirmed the investment in a site in the east site of the city by the Industrial Canal.
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Meta has a new chatbot and it called Mark Zuckerberg a “bad person”
Meta’s AI chatbot is finally here, and it’s already giving some fascinating answers to questions.
Some Twitter users have claimed the chatbot doesn’t have the kindest things to say about CEO Mark Zuckerberg, and it’s pretty funny.
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US Department of Justice preparing to sue Google over advertising dominance
As early as next month, the US Justice Department is planning to sue Google. It has taken years to develop a case that the Alphabet Inc. business illegally controls the digital advertising industry, according to people with knowledge of the situation.
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Bank of London to create 350 jobs in North Carolina
The Bank of London intends to increase the size of its presence in the US by establishing its US Global Platform & Services headquarters in Charlotte, North Carolina.
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iRobot lays off 140 staff despite being bought out by Amazon
Global consumer robot company iRobot laid off 10 percent of its workforce or nearly 140 workers after Amazon acquired it for $1.7 billion last week.
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Microsoft to face new scrutiny in Germany under anti-competition law
The German competition authority will assess whether Microsoft should be subject to the swift anti-competitive activity prohibition provided by new regulations.
Read More Employment News
New Pennsylvania Walmart consolidation center creates 1,000 new jobs
Walmart has slated to open a high-tech consolidation center in Lebanon, Pennsylvania to create 1,000 additional jobs in the area.
Business News
Walmart to build a streaming service to take on Amazon
Walmart is aiming to add a video streaming service to its Walmart+ membership program in an effort to compete with rival Amazon.
Tech News
Apple reportedly planning a high-end watch with a new design and bigger screen
Apple is going to release a high-end Apple Watch with a bigger screen and a redesigned design.
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