[ad_1] CNN — Amazon warehouse workers at a facility in the United Kingdom plan to go on strike, their union confirmed to CNN on Friday, in a move that’s being billed as a first for the company’s workers in the country. The GMB union, which represents workers in a range …
Read More »As more men leave the workforce, women are stepping in to fill those jobs
[ad_1] New York CNN — A typical morning at the Schnitzler household starts with David and Allison feeding their 17-month-old Winston. Allison, 33, and David, 32, play with Winston as they both get ready to go to work. Allison heads out the door — to her family medical practice — …
Read More »British nurses set to launch historic strike, as pay and staffing crises threaten the NHS
[ad_1] London CNN — Nurses across much of the UK are set to launch a historic strike on Thursday, as they prepare to walk out of hospitals and onto picket lines after several years of falling pay and declining standards left the country’s nationalized health care system in a state …
Read More »Biden administration announces $2.5 billion loan to help GM and LG make EV batteries
[ad_1] CNN — The US Department of Energy’s Loan Programs Office will announce Monday that it is issuing a $2.5 billion loan to help start three lithium battery manufacturing hubs in Ohio, Tennessee and Michigan. The DOE loan programs office will loan the money to Ultium Cells LLC, a joint …
Read More »Reuters: Former Theranos COO sentenced to nearly 13 years
[ad_1] CNN Business — Ramesh “Sunny” Balwani, the former chief operating officer of failed blood testing startup Theranos, was sentenced Wednesday to nearly 13 years in prison for fraud. It marks an end to the stunning downfall of a high-flying Silicon Valley company that resulted in the rare convictions of two tech executives. “There …
Read More »BuzzFeed slashes 12% of its workforce, citing ‘worsening macroeconomic conditions’
[ad_1] New York CNN Business — BuzzFeed on Tuesday said it would lay off approximately 12% of its staff, making the digital news and entertainment conglomerate the latest media company to make painful cuts amid a deteriorating economic climate. In a note to impacted employees, Jonah Peretti, the company’s founder …
Read More »India’s 2022 remittances on track for record $100 billion, says World Bank
[ad_1] New Delhi CNN Business — The extensive Indian diaspora will help the South Asian country reach a special milestone this year. Asia’s third largest economy is on track to receive more than $100 billion in yearly remittances in 2022, according to a World Bank report published Wednesday. This will …
Read More »Qatar World Cup chief says between 400 and 500 migrant workers have died in projects connected to the tournament
[ad_1] CNN — World Cup chief Hassan Al-Thawadi said that between 400 and 500 migrant workers have died as a result of work done on projects connected to the tournament – a greater figure than Qatari officials have cited previously. In an interview with Piers Morgan which aired on TalkTV …
Read More »Biden ‘confident’ rail strike will be avoided after meeting with congressional leaders
[ad_1] CNN — President Joe Biden said Tuesday he is “confident” a rail strike will be avoided while meeting with the top four congressional leaders, adding that Congress “has to act to prevent” a rail strike. “I asked the four top leaders in Congress to ask whether they’d be willing …
Read More »Barclays CEO C.S. Venkatakrishnan says he has cancer but will continue to run the bank
[ad_1] London CNN Business — The CEO of Barclays said Monday that he has been diagnosed with cancer. C.S. Venkatakrishnan, who is known as Venkat at the bank, said in a note to colleagues that he will begin undergoing treatment for Non-Hodgkin lymphoma at Memorial Sloan Kettering Cancer Center in …
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