Adidas Says Its Business Partnership With Kanye West Is ‘Under Review’ – Heemang Parmar
[ad_1] German apparel company Adidas announced Thursday that its business partnership with rapper and fashion designer Ye (formally known as Kanye West) is “under review.” “After repeated efforts to privately resolve the situation, we have taken the decision to place the partnership under review,” the company said in a statement obtained by CNBC. “We will…
White House Puts Up $2 Billion In Loans For Controversial Buildout Of CO2 Pipelines – Heemang Parmar
[ad_1] To hit its climate goals, the United States is betting on technology that captures planet-heating carbon dioxide at industrial plants before it enters the atmosphere. For that hardware to make sense financially, the country will need as many as 30,000 square miles of new pipelines ― more than all the gas pipelines in California,…
Former Twitter Security Chief Files Whistleblower Complaints – Heemang Parmar
[ad_1] A former head of security at Twitter alleged that the company misled regulators about its cybersecurity defenses, privacy protections and its ability to detect and root out fake accounts, according to a whistleblower complaint filed with U.S. officials. The revelation could create serious legal and financial problems for the social media platform, which is…
Report: Elon Musk Proposes Going Ahead With Deal To Buy Twitter – Heemang Parmar
[ad_1] Musk offered to buy the San Francisco company at $54.20. Shares jumped nearly 13% to $47.95 before trading stopped. Bloomberg News reported Tuesday that Musk made the proposal in a letter to Twitter, according to people familiar with the case who were not identified. Musk has been trying to back out of the deal…
REI Workers At Berkeley Store Vote To Unionize In Another Win For Labor – Heemang Parmar
[ad_1] REI employees in Berkeley, California, have formed the outdoor retailer’s second union, extending a winning streak for organized labor at largely non-union companies. Workers at the Berkeley store voted 56 to 38 in favor of joining the United Food and Commercial Workers (UFCW) union in a mail-in election this month, according to a vote…
Meta Forced To Reduce Headcount And Hiring As Revenue Falls – Heemang Parmar
[ad_1] Meta CEO Mark Zuckerberg warned employees Thursday to expect cost-cutting measures in the near future, including a hiring freeze and restructuring. The parent company of Facebook, Instagram and WhatsApp has encountered unprecedented economic headwinds, seeing its year-over-year revenue fall for the first time ever in the second quarter of this year. (Despite the slight…
A Railroad Megamerger Could Be A Boon To Canada’s Dirty Oil Industry – Heemang Parmar
[ad_1] Shortly after 1 a.m. on July 6, 2013, Bernard Théberge stepped outside a bar in eastern Québec for a cigarette. At just that moment, a runaway freight train carrying 2.1 million gallons of oil throttled into Lac-Mégantic, a tiny town near the Maine border. The train derailed and exploded in a giant fireball. When…
Elon Musk And Twitter CEO Parag Agrawal Were Briefly Pals, Texts Show – Heemang Parmar
[ad_1] DOVER, Del. (AP) — Newly disclosed text messages between Elon Musk and Twitter CEO Parag Agrawal showed that the two men briefly bonded in the spring over their love of engineering — at least until Musk publicly tweeted this message early on April 9: “Is Twitter dying?” That soured a relationship that appeared to…
CNN Management Intent On Changing Perception Of The Network – Heemang Parmar
[ad_1] NEW YORK (AP) — It was the kind of story that media reporter Brian Stelter would normally sink his teeth into — if only it didn’t involve him. CNN said last week it was cancelling “Reliable Sources,” its 30-year-old program on the media, and letting Stelter go, part of a nascent effort by new…
Home Depot Managers Descend Upon Philadelphia Store Considering Union – Heemang Parmar
[ad_1] During normal times, it can be difficult for Vince Quiles to find a manager at the Home Depot where he works in northeast Philadelphia. But that hasn’t been a problem since Quiles went public with his effort to unionize the store last week. Employees have been getting called into meetings with supervisors and taken…
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