The sales-practices scandal at Wells Fargo & Co. that shook investors, regulators and lawmakers in 2016 was worse than you think. ‘I was in the 1991 Gulf War. … This is sad and hard for me to say, but i had less stress in the 1991 Gulf War than lookingRead More →
Stocks are lurching toward fresh records to commence the first trading day in 2020, but that advance has raised some questions about the run-up in values for broad-market U.S. equity benchmarks. Indeed, the S&P 500’s recent gains have taken it to its priciest level relative to its hourly cost forRead More →
© Reuters. FILE PHOTO: Uber’s logo is pictured at its office in Bogota By Tina Bellon (Reuters) – Ride-hailing company Uber Technologies (NYSE:) Inc and courier services provider Postmates Inc asked a U.S. court to block a California labor law set to go into effect on Wednesday, arguing the billRead More →
By Lisa Baertlein SAN FRANCISCO (Reuters) – The California State Senate voted on Tuesday to pass a bill that would make it much more difficult for companies like Uber Technologies (NYSE:) Inc and Lyft Inc (NASDAQ:) to classify workers as independent contractors rather than employees. The bill, known as AB5,Read More →
© Reuters. Anti-extradition bill protesters hold hands to form a human chain during a rally to call for political reforms at Mongkok, in Hong Kong By Jessie Pang and Marius Zaharia HONG KONG (Reuters) – Hong Kong shut four subway stations to head off an anti-government protest in a grittyRead More →
Reuters Alexandria Ocasio-Cortez is ‘just wrong’ about her comments on worker pay, says Amazon. Amazon.com Inc. is firing back at Rep. Alexandria Ocasio-Cortez over comments the New York Democrat made over worker pay at the tech giant, saying she’s “just wrong.” Appearing Sunday on ABC’s “This Week,” Ocasio-Cortez said AmazonRead More →
SAUL LOEB/AFP/Getty Images American workers are becoming more productive at their jobs. It’s great news if it keeps up. Has the U.S. economy finally rediscovered its magic fountain of growth? Productivity — the most important eye-glazing word in the dictionary — rose in the first quarter at the fastest 12-monthRead More →
The force is strong with this furloughed worker. Like many, Michael Mateos, a graphic designer and contractor for the federal government, is out of work because of the partial shutdown. Like many workers in his position, he is looking for ways to earn income while paychecks are on halt. ButRead More →
© Reuters. FILE PHOTO: Attendees pass by a Huawei booth during the 2019 CES in Las Vegas By Anna Koper and Justyna Pawlak WARSAW (Reuters) – Poland could consider banning the use of Huawei products by public bodies, a senior government official said on Sunday, following the arrest of aRead More →
