Unlocking the Doors to Financial Empowerment
One of the world’s largest automakers has announced plans to wind down production of a popular truck model, resulting in major layoffs at one Detroit company. Stellantis Layoffs Thousands of workers at a manufacturing plant in Michigan could be laid off in the coming months, as European automotive manufacturer Stellantis plans to bring the production … Read more
AT&T customers have experienced their second major outage this year, adding to the list of issues that could drive users away from the telecommunications company. Major Outage Image Credit: Shutterstock / Mangostar One of the world’s largest telecommunications companies, AT&T, experienced widespread outages once again which continued for several hours. AT&T and Verizon Image Credit: … Read more
The world’s biggest carbonated beverage provider is appealing a federal court ruling forcing them to pay billions in back taxes to the IRS. Coca-Cola vs. the IRS Coca-Cola Co. has announced its intentions to repay $6 billion in back taxes to the Internal Revenue Service, even as it attempts to appeal a federal tax court … Read more
A staggering and historic end-of-year pay package has been granted to Boeing’s CEO, in the wake of a very difficult first quarter for the aircraft manufacturer. Boeing’s Largest Payout Shareholders of Boeing approved a $33 million pay package for departing CO Dave Calhoun, marking the largest payout ever given to a Boeing CEO in its … Read more
One viral job post advertising for “white” candidates only has led to a civil lawsuit against the company that posted it. Tech Company vs. DOJ A tech company based in Virginia is facing civil penalties via the US Justice Department, after circulating a job post that called for only “white” candidates. A Controversial Job Post … Read more
In a relatively rare move for the world’s biggest iPhone maker, Apple has followed in its competitor’s footsteps with another round of layoffs. Apple Layoff Apple is conducting layoffs in its digital services division, according to a report by Bloomberg. While the company has not yet made the move public, this is expected to affect … Read more
The world’s biggest e-commerce company landed in hot water after a recent investigation of two Amazon warehouses in California. Million-Dollar Fine Image Credit: Shutterstock / Prilutskiy Amazon was fined $5.9 million due to alleged labor law violations at two warehouses in California, according to a statement from the state’s Labor Commissioner’s Office. Two Amazon Warehouses … Read more
As more customers turn away from fast-food restaurants, Walmart’s grocery line is reaping the benefits. Major Problem for Fast Food Giants America’s biggest fast food empire – particularly the jewel in the crown that is McDonald’s – is facing a major contender in the food department, as more and more shoppers seek affordable groceries at … Read more
The NCAA is on the cusp of settling a historic lawsuit that could signal a large payday for thousands of student athletes. Potential Billion Dollar Settlement Student-athletes across the US could be looking at hefty payouts from the National Collegiate Athletics Association, after the association moved to settle three antitrust lawsuits. NCAA and the ‘Power … Read more
As more workplaces begin monitoring their workers, some employees are using modern strategies to “fake work” when their bosses can’t see them – including more than a dozen Wells Fargo workers. A Dozen People Fired Multinational banking and investment firm Wells Fargo fired over a dozen employees last month, following internal investigations that found some … Read more