“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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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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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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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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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.
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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.
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CEO slammed for posting crying LinkedIn selfie after laying off staff
The CEO of a business named HyperSocial is coming under fire for a LinkedIn post about firing employees.
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Amazon creates 1,000 new jobs at new facility in Virginia
Amazon has built a new facility in Chesapeake, Virginia bringing 1,000 full-time and part-time jobs with it.
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Tech startup Nutanix cuts 270 staff after “comprehensive evaluation” of company
A cloud computing business with a former valuation of over $2 billion has let go of 270 staff.
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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.
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“Erratic urban rebound” leads to Sweetgreen cutting staff as sales slump
Restaurant chain Sweetgreen laid off 5 percent of its support center workforce due to slower sales.
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McDonald’s was a hot dog stand and Bubble Wrap was meant to be wallpaper – Amazing facts about well-known businesses
Some incredible changes and decisions have been made that shaped businesses forever
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Google hit with $5 million lawsuit for dropping free Workspace apps
Google was sued by early users of its Workspace productivity suite in a class action complaint in California.
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Oracle co-founder who invested $1 billion in Elon Musk’s Twitter bid called into court battle
Twitter has subpoenaed Oracle co-founder Larry Ellison as part of its lawsuit to compel Tesla CEO Elon Musk to complete his $44 billion purchase.
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Hootsuite laying off hundreds of staff around the world in the latest blow to the tech sector
Hootsuite Inc. is laying off 30 percent of its worldwide personnel, citing a global downturn in the industry that is hitting both giants and entrepreneurs.
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Ethical hackers, body part models and professional bridesmaids – Weird jobs with salaries that are just as unusual
There are many careers that about 128 million full-time workers have in the US that aren’t the usual jobs that first come to mind.
Many of these jobs come with yearly salaries you wouldn’t be embarrassed to discuss.
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$17 million Wellborn Cabinet expansion in Alabama creates 415 new jobs
Ashland-based Wellborn Cabinet intends to invest around $17 million in an expansion project that will generate 415 jobs in the next five years.
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Amazon to build western New York warehouse to create 1,000 jobs
Amazon is likely to cross a last barrier this week in order to get more than $124 million in tax incentives for the construction of a warehouse in Niagara, New York, one of the biggest subsidies the firm has ever gotten.
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Piers Morgan on his “mind-numbing” job and Bob Geldof on the “brutal” pop industry
The journalist revealed what life was like before he was famous
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I Want That Job! Airbnb gives staff freedom to work almost anywhere they want
In a note to staff, boss and co-founder Brian Chesky said: “If we limited our talent pool to a commuting radius around our offices, we would be at a significant disadvantage.”
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What Fraud? Lou Pearlman ripped off boybands including Backstreet Boys and NSYNC in $1 billion Ponzi scheme
The Backstreet Boys and NSYNC were two of the biggest boybands of the 1990s and 2000s, but things...
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New jobs on the way as fintech Savana looks to expand in Philadelphia
Savana, a financial technology business based in Malvern, wants to expand its digital banking division by hiring 100 additional staff after getting a $45 million investment increase.
Business News
“Betcha can’t eat just one” – Lay’s iconic potato chip slogan
The famous slogan appeared in a commercial called “Messier, Just One” from Lays 59 years ago.
Tech News
Netflix, WWE and Subway: Companies who changed their names after bad decisions and lawsuits
Over recent decades, many of the world's largest corporations have given up their name due to a public relations catastrophe. Some of these businesses might not have been around if they didn't decide to rebrand.
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