Amazon To Lay Off Another 9,000 Employees – Heemang Parmar
[ad_1] NEW YORK (AP) — Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday. The job cuts would mark the second largest round of layoffs in the company’s history, adding to the 18,000 employees the company said it would lay off…
New York Community Bank To Buy Failed Signature Bank – Heemang Parmar
[ad_1] NEW YORK (AP) — New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday. The 40 branches of Signature Bank will become Flagstar Bank, starting Monday. Flagstar is one of New York Community Bank’s subsidiaries….
The U.S. Is On The Cusp Of A New Nuclear Energy Milestone — And Debate – Heemang Parmar
[ad_1] The first new nuclear reactor built from scratch in the United States in nearly half a century successfully split its first atoms last week, signaling that one of the country’s biggest and most controversial energy projects could finally be nearing completion. Almost 14 years after receiving its first permits, Unit 3 of the Alvin…
Parent Of Silicon Valley Bank Seeks Bankruptcy Protection – Heemang Parmar
[ad_1] The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection. SVB Financial Group, along with its CEO and its chief financial officer, were targeted this week in a class action lawsuit that claims the company didn’t disclose the risks that future interest rate increases would…
U.S. Stocks Fall As Bank Worries Spread To Europe – Heemang Parmar
[ad_1] NEW YORK (AP) — Stocks are back to falling on Wall Street Wednesday as worries worsen about the strength of banks on both sides of the Atlantic. The S&P 500 was 1.5% lower in morning trading, while markets in Europe fell more sharply as shares of Switzerland’s Credit Suisse tumbled to a record low….
Cleveland REI Workers Form Union, Adding Fuel To Labor Effort – Heemang Parmar
[ad_1] Workers at an REI store near Cleveland voted 27-12 in favor of unionizing on Friday, adding more fuel to a labor organizing campaign at the national outdoor retailer. The Retail, Wholesale and Department Store Union said it prevailed in the vote following a tally by the National Labor Relations Board. The company has a…
Medieval Times Union Says Company Brought In Scab Knights From Canada – Heemang Parmar
[ad_1] A pair of Medieval Times knights from the company’s Toronto castle were headed to Southern California earlier this week when their inter-kingdom travel apparently hit a snag. The two knights and a third Medieval Times worker were turned away by the Department of Homeland Security because they lacked visas to work in the U.S.,…
Israel’s ‘Startup Nation’ Braces For A Political Earthquake – Heemang Parmar
[ad_1] JERUSALEM — It was supposed to be a dazzling affair, a debutante ball to introduce Israel’s innovators to investors looking to make money off solutions to this region’s mounting crises. Three years after the pandemic halted global gatherings, a top Israeli tech conference was back and ready to wow capitalists venturing to the Jewish…
Strikes Increased In 2022 As Workers Wielded Their Leverage – Heemang Parmar
[ad_1] Workers went on strike in growing numbers last year as they took advantage of a tight labor market and pressed employers for better pay and working conditions, two new sets of data suggest. Figures from the U.S. Bureau of Labor Statistics released Wednesday show nearly 121,000 workers took part in 23 large strikes that…
Airline Bills Pilot $20,000 For Quitting Her Job – Heemang Parmar
[ad_1] Kate Fredericks quit her job flying for the cargo airline Ameriflight in late November 2021, six and a half months into her stint as a pilot based out of Puerto Rico. It was the most expensive resignation she could imagine. Ameriflight told Fredericks she owed the company $20,000 for the cost of her training…
Amazon To Lay Off Another 9,000 Employees – Heemang Parmar
New York Community Bank To Buy Failed Signature Bank – Heemang Parmar
The U.S. Is On The Cusp Of A New Nuclear Energy Milestone — And Debate – Heemang Parmar
Parent Of Silicon Valley Bank Seeks Bankruptcy Protection – Heemang Parmar
U.S. Stocks Fall As Bank Worries Spread To Europe – Heemang Parmar
Cleveland REI Workers Form Union, Adding Fuel To Labor Effort – Heemang Parmar