Since negotiations began at the end of January, the United Food and Commercial Workers International Union (UFCW) has been seeking significantly higher and equal pay, as well as sufficient staffing and working hours. Amid a spiralling cost of living crisis, employees are demanding big corporations that have been posting record profits pay out higher wages. […]
On Thursday, a federal judge dismissed a lawsuit by the US Federal Trade Commission (FTC) claiming Endo International Plc and Impax Laboratories violated antitrust laws by forming a deal that stifled market competition for an opioid drug, Opana ER. It was not immediately clear what the reasons for US District Judge Royce Lamberth’s decision were […]
Chief executive Peter Hebblethwaite was urged to quit his position at the British ferries operator after acknowledging there is “absolutely no doubt” that the company should have consulted with trade unions. P&O Ferries replaced its workforce with cheaper foreign agency workers last week and has since faced a wave of backlash. Explaining P&O’s decision not […]
E-commerce giant Amazon has been referred to the US Department of Justice over claims of potential “criminal obstruction of Congress” by the company and some of its top executives. In a letter to the Attorney General of the United States, members of the US House Judiciary Committee said Amazon engaged in a "pattern and practice […]
The deal was made after the SEC sued Tesla following a tweet from Musk who said he had “funding secured” to take the electric vehicle company private. According to the Telegraph, Musk said he was forced to step down as company chairman and needed to obtain permission from Tesla before sharing sensitive tweets. “The SEC’s […]
The world in 2022 looks very different than it did even five years ago. Shifts in economic, consumer, and working practices were already underway; Covid-19 has accelerated these changes at a pace once unimaginable. Central to many of these developments in how we work, live and shop is digital innovation, which brings with it new […]
“We are reviewing our Russia-related portfolio”, Allen & Overy wrote in a statement posted on LinkedIn. “As a result, we will refuse new instructions and stop all Russia-linked work that goes against our values. We will, naturally, vigorously implement all political decisions and comply with applicable sanctions and rules.” Allen & Overy’s statement is one […]
In a court filing on Sunday, Ukraine said that Russia has “falsely claimed that acts of genocide” had occurred in the Donbas region of eastern Ukraine as a pretext for its invasion. Ukraine has asked the International Court of Justice, the highest court in the United Nations, to demand Russia ceases its attack. On Tuesday, […]
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