Technology
Amazon workers on Staten Island vote for company’s first unionized warehouse in U.S.
Jason Anthony, a member of Amazon Labor Union, speaks to members of the media during the vote count to unionize Amazon workers outside the National Labor Relations Board offices in New York, U.S., on Friday, April 1, 2022. Jeenah Moon | Bloomberg | Getty Images Employees at an Amazon warehouse on New York’s Staten Island voted Friday […]
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House launches investigation into Amazon’s handling of deadly warehouse collapse
Amazon truck cabs are seen outside a damaged Amazon Distribution Center on December 11, 2021 in Edwardsville, Illinois. According to reports, the Distribution Center was struck by a tornado Friday night. Michael B. Thomas | Getty Images The House Oversight Committee on Friday launched an investigation into Amazon’s labor practices, demanding the company turn over […]
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Goldman Sachs is betting that you’ll want a $10,000 home improvement loan from the investment bank
David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs, the 153-year old investment bank, is now officially in the home improvement loan business as it continues a push into the finances of ordinary Americans. The bank expects to add one million customers a year to its budding Marcus retail division through […]
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5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures rise after jobs report and worst quarter in 2 years Traders on the floor of the NYSE, March 31, 2022. Source: NYSE U.S. stock futures started the second quarter higher Friday after lower-than-expected but still robust […]
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Chinese EV players Xpeng, Nio and Li Auto see car deliveries surge in March
Chinese electric carmakers Nio, Xpeng and Li Auto are facing several headwinds including higher raw material costs and a resurgence of Covid in China. However, they all posted a surge in March delivery volumes. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle start-ups Nio, Xpeng and Li Auto delivered more cars in March […]
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Meta’s A.I. exodus: Top talent quits as the lab tries to keep pace with rivals
Mark Zuckerberg told the world last October that he was rebranding Facebook to Meta as the company pushes toward the metaverse. Facebook | via Reuters Facebook parent Meta has lost some of its top artificial intelligence scientists this year as the company continues its pivot toward the metaverse. At least four prominent members of Meta […]
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Anonymous’ next cyber target: Western companies still doing business in Russia
In addition to Russian entities, Anonymous says it’s now targeting some Western companies. Jakub Porzycki | Nurphoto | Nurphoto | Getty Images The “hacktivist” collective known as Anonymous said it has a new target in its “cyber war” against Russia — Western businesses that are still doing business there. A post on March 21 from […]
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Amazon workers in Alabama reject union for second time, but challenged ballots remain
Union supporters at Amazon’s warehouse in Bessemer, Alabama, on Thursday appeared headed toward defeat for a second time. However, with hundreds of contested ballots at play, the election results are still too close to call. Of the 2,375 ballots cast, there were 993 votes opposing the union and 875 in favor. Approximately 6,153 workers at […]
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Pro-union side leads vote count at Amazon’s Staten Island warehouse, based on early results
Workers stand in line to cast ballots for a union election at Amazon’s JFK8 distribution center, in the Staten Island borough of New York City, U.S. March 25, 2022. Brendan Mcdermid | Reuters Employees at an Amazon warehouse on New York’s Staten Island were leaning towards unionizing as of Thursday afternoon. According to preliminary results […]
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AMD falls 8% after Barclays downgrades stock, warns about PC, gaming markets
The road ahead for AMD may be a rocky one as some of the company’s key markets could see slowdowns, according to Barclays. Source
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