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Labor Board Accuses Google Contractor of Violating Union Rights A federal agency issued a complaint this week against a contractor hired by Google and accused it of violating its employees' labor rights, marking the latest flash point in a long-running struggle between workers and technology companies. In the complaint ...
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IBM's Red Hat Deal Laid Foundation for Split of Company Into Two Pieces International Business Machine Corp.'s acquisition of software company Red Hat last year helps underpin the technology and economics behind IBM's decision to restructure. IBM on Thursday said it would spin off a unit that manages clients' IT infrastructure ...
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Dow futures rise more than 100 points as traders await for clues on new fiscal stimulus U.S. stock futures rose on Thursday night as Wall Street continued to search for clarity surrounding a new potential fiscal aid bill. Dow Jones Industrial Average futures were up 121 points, or 0.4%. S&P 500 and Nasdaq 100 futures gained 0.4% and 0.3%, ...
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Amid a boom in SPACs, few women investors If you've been following the SPAC boom, you may have noticed something about these blank-check vehicles that are springing up left and right in order to take public privately held companies. They are being organized mostly by men. It's not surprising, given ...
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OPEC, in major shift, says oil demand to plateau in late 2030s LONDON (Reuters) - World oil demand will plateau in the late 2030s and could by then have begun to decline, OPEC said on Thursday, in a major shift for the producer group that reflects the lasting impact of the coronavirus crisis on the economy and ...
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Affirm's IPO Announcement Signals Fintech Strength As its business booms, pay-later fintech upstart Affirm confidentially filed to go public on Thursday—less than a month after it lined its pockets with $500 million in fresh venture capital. PayPal Co-Founder & Affirm CEO Max Levchin Visits ″Countdown To The ...
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Ex-TikTok CEO Kevin Mayer, Former Disney CFO Tom Staggs & Shaquille O'Neal Join Forest Road SPAC For Media ... There's a SPAC born every minute – today a new one called Forest Road Acquisition registered with the SEC to raise $250 million and hunt for media and entertainment deals with executives and advisors from former TikTok CEO Kevin Mayer and former Walt ...
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Comcast notches 10G milestone with a trial of 1.25-Gig symmetrical speeds in Florida Comcast is out of the 10G starter blocks with a trial in Florida that features symmetrical speeds of 1.26 Gbps on a live production HFC network. The trial, which took place in a Comcast employee's home in Jacksonville, Florida, was the fruition of Comcast's ...
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Target HQ employees won't return to downtown offices until at least June 2021 Target has told its Twin Cities corporate employees that the majority of them can expect to continue working virtually through at least June 2021 because of the continued threat of the coronavirus. Target is the largest employer in downtown Minneapolis, with ...
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Short-term pandemic-related costs ate into Domino's profit line, CEO says "The reality is it's just more expensive to operate, you know, in the coronavirus world that we're living in now," Domino's Pizza CEO Ritch Allison said after posting third-quarter earnings. "Combine that with a cheese price increase over the course of the ...
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West Virginia wins $500 million hyperloop certification facility About 18 months ago, West Virginia set a goal of establishing the state as a cradle for developing new technology. That effort bore its largest fruit so far Thursday when Virgin Hyperloop One chose an 800-acre site in the Mountaineer State for the $500 million ...
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Here's a first look at Google's plans for its massive San Jose campus Google released renderings for its massive downtown San Jose campus, which will face final approval in spring 2021. The company's mixed-use campus, which is in coordination with the city of San Jose, is a departure from prior campuses as more than half ...
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Colorado's Boom Supersonic Reveals Prototype Of XB-1 Commercial Jet (CNN) – There's been very little good news to report in the aviation industry over the past few months, with airplanes grounded or pushed into early retirement. However, Boom Supersonic — which is based in Centennial, Colorado — is going all out to show ...
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JPMorgan puts $30B toward fixing banking's 'systemic racism' CHARLOTTE, N.C. — JPMorgan Chase said Thursday it will extend billions in loans to Black and Latino homebuyers and small business owners in an expanded effort toward fixing what the bank calls "systemic racism" in the country's economic system.
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Coinbase is losing scores of staffers over ban on political activism Coinbase Inc., the cryptocurrency exchange, is losing about 60 employees who balked at a management mandate barring political activism at work. Chief Executive Brian Armstrong said Thursday in a blog post that about 5% of Coinbase's employees had ...
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Why Piedmont Lithium, Sunrun, and CBAK Energy Technology Stocks All Just Dropped 10% Alternative energy stocks are making headlines again Thursday -- this time, not in a good way. Tic-tac-toe, three in a row, we're watching shares of start-up lithium miner Piedmont Lithium (NASDAQ:PLL) fall 13.1% in 1:55 p.m. EDT trading, while Chinese ...
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Tens of thousands of absentee ballots in Summit County delayed a week AKRON, Ohio – Tens of thousands of prospective voters in Summit County who were expecting to receive absentee ballots this week will have to wait until at least Tuesday because of equipment problems experienced by a Cleveland-based printer, the county ...
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Moderna Doesn't Plan to Enforce Coronavirus Vaccine Patents During Pandemic Drugmakers live and die by the exclusivity provided by patents on their medications. Generic competition or even a branded competitor can substantially cut a company's market share. But Moderna (NASDAQ:MRNA) is putting society ahead of its bottom line.
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Carnival's Q3 Report Shows Rough Sailing Isn't Over for the Cruise Line Major cruise company Carnival Corporation & plc (NYSE:CCL) reported its third-quarter 2020 financial results today, along with a Securities and Exchange Commission (SEC) filing on the subject, revealing the extent to which COVID-19 continues impacting ...
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Stimulus failure likely leads to chronic unemployment, Boston Fed chief says BOSTON -- The federal government's failure to approve another stimulus bill endangers economic recovery from the pandemic-inflicted recession, the head of the Federal Reserve Bank of Boston cautioned on Thursday, echoing a similar warning the Fed's ...
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AT&T's WarnerMedia set to cut thousands of workers amid COVID-19, WSJ says AT&T's WarnerMedia is set to make more cuts, according to a new report. The unit is reducing costs by as much as 20 percent amid the pressures of COVID-19, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The overhaul ...
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Levi's expands Red Tab sales to 500 Target stores Levi's this week said it is expanding sales of its premium Red Tab merchandise to 500 Target stores by the end of next year and has also returned its budget Denizen line to the mass merchant's racks. The Red Tab effort debuted a little over a year ago in ...
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Dick's hiring up to 9000 seasonal workers, gearing up for holiday rush Dick's Sporting Goods announced Thursday it will hire up to 9,000 season workers nationwide this holiday season. Continue Reading Below. Recruiting efforts for its stores and distribution centers will kick off on Oc.t 14 during the company's "National Signing ...
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PBR cannabis-infused seltzer launches in California Pabst Labs announced the initial launch of its Pabst Blue Ribbon Cannabis Infused Seltzer to customers in California at dispensaries and online, according to an emailed release. Pabst Labs is a licensed cannabis company founded by former Pabst Brewing ...
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Seattle Genetics takes a new identity After more than two decades that saw it become this region's largest biotechnology company, Seattle Genetics is no more. But that's only because it has changed its name. The new name is SeaGen, it said in a regulatory filing Thursday.
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Illinois man charged with price-gouging in mask sales CHICAGO (AP) — A northern Illinois businessman was charged Thursday with price gouging customers seeking to purchase of protective masks at the height of the COVID-19 pandemic, the U.S. attorney's office in Chicago announced Thursday.
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VERIFY: Was the antibody cocktail used to treat President Trump developed using human embryonic stem cells? The antibody cocktail used to treat President Donald Trump for COVID-19 is getting a lot of attention on social media. Some users are claiming Regeneron - the company that developed the treatment - used human embryonic stem cells to create it, but is this ...
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Hoosier Entrepreneurs Win Ernst & Young Award STATEWIDE - Ernst & Young LLP has announced the winners for the Entrepreneur Of The Year 2020 Midwest Award, including five from the Hoosier state. The firm says the longtime award program honors "successful business leaders whose ambitions ...
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How AI And Blockchain Are Driving The Energy Transition Many people who have increasingly despaired at the adverse effects of changing climate have probably mused: Why can't we go completely green? Why are fossil fuels so hard to quit? The answers, as usual, are legion: Renewable energy is too expensive, ...
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Risk of coronavirus on planes less than getting struck by lightning, airline group says Let us know your thoughts on the state of travel. Take our TPG poll! Travelers concerned about contracting the coronavirus on a flight can breath at least a small sigh of relief following new evidence that there is a very low risk of catching COVID-19 onboard an ...
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DiamondPeak Shareholders to Vote on Lordstown Motors Merger Oct. 22 LORDSTOWN, Ohio – DiamondPeak Holdings Corp. stockholders will meet remotely Oct. 22 to approve the proposed business combination with Lordstown Motors Corp., Lordstown Motors reported Thursday. New York-based DiamondPeak, a special ...
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Team Kentucky Fund Going Strong During the Thursday COVID-19 news briefing, Kentucky Lt. Governor Jacqueline Coleman announced the Team Kentucky fund has handed out more than $1 million. Coleman said donations have been very strong for the fund. Audio Player.
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Harrogate Bus Company set to trial new electric technology Harrogate restaurant extends Eat Out to Help Out offer to thank customers after 'challenging year'. The first high-tech battery powered bus to take part in trials on the forward-thinking bus firm's busy route 1 linking Harrogate and Knaresborough was unveiled ...
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Remdesivir Trial: Patients Started Recovering By Day 15 CHICAGO (CBS) — Patients on Remdesivir, a drug President Donald Trump was given for COVID-19, started recovering by day 15, according to a medical trial done in Chicago at Northwestern and the University of Illinois. That is faster than patients given a ...
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Celebrity Cruise Captain Kate Claps Back at Misogyny on Tik Tok (12:10 p.m. EDT) -- Captain Kate McCue has become a fan favorite both on the Celebrity Cruises ships she runs and on Tik Tok, where she has 318,500 followers. And this week, she used her. video platform. to clap back at a misogynist commenter, who ...
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Another Reason to Avoid Ransomware Payments: US Treasury Warns That It Might Violate Sanctions Organizations that are unexpectedly snagged by a ransomware attack are often tempted to simply pay whatever is demanded of them and hope for the best; the potential downtime and recovery cost often appears to be much worse. The US Treasury is now ...
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Mayor Caldwell gives updates on Honolulu's coronavirus efforts HONOLULU (KHON2) — Mayor Kirk Caldwell held a news conference Thursday to discuss the City's progress in containing the spread of COVID-19 since the launch of Oahu's "COVID-19 Recovery Framework" on Sept. 24. [Hawaii news on the go–LISTEN to ...
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Marijuana sales legal in Maine today, but not Fryeburg AUGUSTA, Maine — Legal marijuana sales for adults 21 and over will begin tomorrow today in Maine but it still won't be happening in towns like Fryeburg. "Nearly four years after Mainers approved marijuana legalization at the ballot box, the will of the people ...
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The Salvation Army & JCI La Crosse collaborate on Toys for Tots LA CROSSE, Wis. (WKBT) – Two nonprofit organizations are working together to promote collaboration and community to bring joy to hundreds of children and financial relief to families in need. The Salvation Army's Angel Giving Tree and JCI La Crosse's ...
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Striking New MDX Interior Design Teased Ahead of Global Debut TORRANCE, Calif., Oct. 8, 2020 /PRNewswire/ -- Acura today provided a glimpse of the dramatic new interior of the fourth-generation MDX ahead of its global debut, in prototype form, Oct. 14. The MDX Prototype presages the arrival of the new, ...
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