Latest in Meatpacking Companies to Pay $8 Million for U.S. Child Labor Violations
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Meatpacking Companies to Pay $8 Million for U.S. Child Labor Violations
Perdue Farms and JBS have settled with the Labor Department after relying on migrant children to do dangerous work in their slaughterhouses. Most of the money will be used to help the children.The New York Times - 11h -
Cash App Ordered to Pay $255 Million in Penalties Over Fraud
The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal regulators called “woefully incomplete” customer protections.The New York Times - 11h -
SpaceX launches a pair of lunar landers for U.S. and Japanese companies
SpaceX launches a pair of lunar landers for U.S. and Japanese companiesABC News - 2d -
U.S. Blocks Imports From 37 More Chinese Companies Over Forced-Labor Concerns
The latest additions targeted Chinese companies in the critical-minerals, textiles and solar-technology industries.The Wall Street Journal - 2d -
How a Company Makes Millions Off a Hospital Program Meant to Help the Poor
A private business has helped supercharge a controversial federal drug program. Patients and insurers have been left with big bills.The New York Times - 13h -
Toyota subsidiary to pay $1.6 billion over U.S. emissions fraud case
Toyota subsidiary Hino Motors will pay $1.6 billion to settle a fraud case that alleged the company deceived regulators about emissions amounts from its diesel engines, U.S. officials have ...CBS News - 18h -
Nonprofit founded by Stacey Abrams to pay record Georgia fine for violating state campaign laws
The nonprofit agreed to pay a $300,000 fine over its spending in support of the Georgia Democrat's candidacy during the 2018 governor's race.NBC News - 1d -
Entertainment, tech companies donate millions to LA wildfire relief effort
Companies are pledging millions in donations to aid relief efforts for victims of the Los Angeles wildfires.CNBC - 1d -
Mastercard Agrees to Settle Pay Discrimination Suit for $26 Million
The complaint accuses the company of underpaying female, Black and Hispanic employees compared with their male and white counterparts.The New York Times - 2d -
Biden Administration Adds 37 Chinese Companies to Forced Labor List
The administration announced it would penalize its largest-ever batch of companies linked to Xinjiang, including major suppliers of critical minerals and textiles.The New York Times - 2d -
Robinhood to Pay $45 Million Fine to Settle SEC Charges
The upstart brokerage agreed to pay the Securities and Exchange Commission for failing to protect sensitive customer data, among other infractions.The New York Times - 3d -
These companies are pledging millions in funds, supplies to help LA fire victims
Major corporations, including Disney and Target, have announced pledges to help the growing number of people affected by the LA wildfires.ABC News - 5d -
U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - 6d -
McMahon to pay millions for failing to disclose settlements: SEC
Vince McMahon will pay $1.7 million to for failing to disclose two settlements he had with employees while he ran the WWE.ABC News - 6d -
U.S. adds 256,000 jobs, as Biden leaves Trump with sturdy labor market
President Joe Biden will end his term with a relatively healthy labor market as the U.S. added 256,000 jobs in December and the unemployment rate ticked down to 4.1%.NBC News - 6d -
The Big Question: How much sick pay should companies offer?
Policies vary dramatically between different countries, but striking the right balance is hardFinancial Times - Jan. 10 -
Jimmy Carter lies in state at the U.S. Capitol as Americans pay their respects
Former President Jimmy Carter is being remembered in six days of state funeral events.CBS News - Jan. 8 -
Job Openings Rise Unexpectedly to 8.1 Million in Resilient Labor Market
Ahead of hiring numbers due out Friday, the Labor Department said the November jump in job openings, up from 7.8 million the month before, shows companies still need workers.Inc. - Jan. 8 -
LGBTQ rights group reports progress at U.S. companies despite conservative backlash
The HRC said that more companies are providing strong benefits and protections to LGBTQ employees despite conservative backlash in recent years.NBC News - Jan. 7 -
Oil companies pay record $5.6M settlement after FTC alleges illegal coordination
Three oil companies will pay a record penalty to settle allegations that they illegally coordinated before a merger between them was complete in 2021 and 2022, the federal government announced ...The Hill - Jan. 7 -
U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.CBS News - Jan. 7 -
Job openings reverse long decline, but the U.S. labor market is still not out of the woods
President-elect Donald Trump is inheriting low unemployment after several years of strong postpandemic hiring, but he’s also confronting a weakening labor market in which fewer jobs are available ...MarketWatch - Jan. 7 -
Want to land a remote job in 2025? These 20 companies are hiring—some jobs pay over $100,000
FlexJobs saw a 20% increase in the number of remote job listings in 2024 over 2023 — up 9% from the year prior.CNBC - Jan. 7 -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - Jan. 7 -
Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.CNBC - Jan. 7 -
Millions across U.S. under winter storm warnings
Over 34 million Americans are under winter storm warnings as heavy wind and snow blanket the Midwest through the East Coast. According to FlightAware, more than 2,000 U.S. flights were canceled due ...CBS News - Jan. 6 -
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Sushi chain pays $1.3 million for motorcycle-sized tuna at Tokyo auction
A bluefin tuna sold for more than $1.3 million at an annual fish auction in Tokyo, in what organizers said was the second-highest bid since the event began in 1999.NBC News - Jan. 6 -
U.S. Plans $8 Billion Sale of Arms, Including Bombs, to Israel
The Biden administration notified Congress of a weapons package for Israel that is one of the largest new arms sales since the war in Gaza began.The Wall Street Journal - Jan. 4 -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - Jan. 3 -
Apple to pay $95 million to settle lawsuit accusing Siri of eavesdropping
Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devices.NBC News - Jan. 3 -
Booz Allen Hamilton to Pay $15.9 Million in False Claims Settlement
Booz Allen Hamilton Holding agreed to a $15.9 million settlement with the Justice Department on Friday, resolving allegations the company submitted fraudulent claims to the U.S. under military task ...The Wall Street Journal - Jan. 3 -
Apple agrees to pay $95 million to settle Siri eavesdropping claims
Apple surreptitiously activated Siri to record user conversations through iPhones and other devices, court finds.CBS News - Jan. 2 -
Apple to pay $95 million to settle lawsuit accusing Siri of snoopy eavesdropping
Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devicesABC News - Jan. 2 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - Jan. 2 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
U.S. Companies Vouched for China During Trump's First Term. Not Anymore.
American companies have largely gone silent about the importance of the U.S.-China relationship—they no longer see China as the land of opportunity.The Wall Street Journal - Jan. 2
