Latest in UK public sector workers face fresh pay restraint as Treasury takes tough stance
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Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says
Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firmsMarketWatch - Dec. 4 -
Music sector workers to lose nearly a quarter of income to AI in next four years, global study finds
AI boom will enrich giant tech companies but creators’ rights and income will be drastically reduced unless policymakers intervene, report warns. Follow our Australia news live blog for latest ...The Guardian - Dec. 4 -
Georgians risk serious injury and jail in fresh pro-EU protests
More than 300 people have been arrested and police are accused of using unnecessary force on the streets.BBC News - Dec. 4 -
Campbell’s is getting a new CEO. Analysts say he could face these ‘uncertainties’ as Trump takes office.
Campbell’s Co. on Tuesday said its current chief executive would depart to take on a leadership role for the Washington Commanders NFL team, and the soup and snack maker reported mixed ...MarketWatch - Dec. 4 -
Billion-dollar future: Dodgers deferred pay at $1B
New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.ESPN - Dec. 3 -
US proposes to end subminimum wage for disabled workers
The U.S. Department of Labor announced Tuesday that it has plans to phase out certificates that allow employers to give disabled workers subminimum wages. Under the current rule, certain employers ...The Hill - Dec. 3 -
Gregg Wallace faces fresh allegations of inappropriate behaviour amid furore
It comes after two hour-long MasterChef Christmas specials were pulled from the BBC’s festive schedule.Yahoo Sports - Dec. 3 -
Quebec sees spike in irregular crossings to U.S., public security minister says
Quebec Public Security Minister François Bonnardel said on Tuesday that the number of irregular crossings from Canada to the U.S. has jumped significantly in the last three years.Bonnardel met on ...Yahoo Sports - Dec. 3 -
How Treasury yields are driving whether U.S. stocks beat the rest of the world
Treasury bond yields are clearly influencing how U.S. stocks behave this year relative to equities in the rest of the world, DataTrek Research found.MarketWatch - Dec. 3 -
Biden Administration Moves to End a Minimum Wage Waiver for Disabled Workers
A plan by the Biden administration would phase out a provision that allows employers to pay workers with disabilities less than the federal minimum wage.The New York Times - Dec. 3 -
Treasury yields finish mostly higher ahead of no-confidence vote in France
Investors sold off long- and intermediate-term U.S. government debt on Tuesday, pushing corresponding yields to slightly higher closing levels ahead of a vote in France that could topple that ...MarketWatch - Dec. 3 -
U.S. looks to end subminimum wage for workers with disabilities
A Biden administration proposal would phase out a program that lets employers pay some workers less than $7.25 an hour.CBS News - Dec. 3 -
'Groping' and 'touching': Fresh claims against Gregg Wallace
One woman says he touched her bottom and another says he pressed his crotch against her while filming.BBC News - Dec. 3 -
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Boeing’s volatile bonds could outshine the defense sector next year
Boeing Co. was named a “best idea” by the U.S. investment-grade team at CreditSights on Tuesday, on expectations the troubled aerospace company can stabilize its ratings and provide a path to ...MarketWatch - Dec. 3 -
Job openings bounced in October on need for IT workers
The number of job openings and people quitting their jobs ticked upward in October while layoffs edged down, signaling a modest improvement in hiring conditions amid a broader tightening in the ...The Hill - Dec. 3 -
Agricultural Giant Cargill to Lay Off Thousands of Workers
The company faces pressure on the beef industry and weak grain prices.The Wall Street Journal - Dec. 3 -
NFL Week 14 Power Rankings: Eagles soaring since bye; Vikings crack top five; Ravens drop after tough loss
Pete Prisco shares his Power Rankings heading into Week 14 of the 2024 seasonCBS Sports - Dec. 3 -
Barnier to face no-confidence vote on Wednesday
French government likely to fall after just 3 months in office over PM’s attempt to force through budget measuresFinancial Times - Dec. 3 -
Striking Volkswagen Workers Numbered 'Nearly 100,000' on Monday
Employees staged warning strikes in protest against the German carmaker’s plans for potential factory closures and sweeping cuts to jobs and pay.The Wall Street Journal - Dec. 3 -
Nomura CEO to take pay cut after ex-staffer charged with attempted murder
Nomura’s CEO Kentaro Okuda offered his “deepest apologies” in the wake of the incident that saw one of the bank’s former employees charged with attempted murder, robbery, and arson of an inhabited ...MarketWatch - Dec. 3 -
Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - Dec. 3 -
Maternity Leave and Ongoing Consent: New Rights for Belgium’s Sex Workers
A groundbreaking law, which gives some sex workers greater labor protections and social benefits than similar legislation elsewhere in the world, is now in effect in the European country.The New York Times - Dec. 3 -
Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers
Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.CNBC - Dec. 3 -
Microsoft faces £1bn class action case in UK over software prices
It is alleged the tech giant overcharged companies for its Window Server software, used in cloud computing.BBC News - Dec. 3 -
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Timberwolves blow out Lakers 109-80 behind Randle, Gobert and tough defense
Julius Randle scored 18 points and Rudy Gobert had 17 points and 12 rebounds to lead the Minnesota Timberwolves past the Los Angeles Lakers 109-80ABC News - Dec. 3 -
UK chemicals sector doubts Starmer ‘reset’ will end Brexit blues
Businesses say regulatory and customs frictions will barely be eased if Labour government sticks to red lines on EUFinancial Times - Dec. 3 -
Singapore gets tough on commodity trading practices after series of scandals
Long jail sentence for 82-year-old former oil trader is sign of ‘zero tolerance’ for fraudFinancial Times - Dec. 3 -
Zscaler’s post-earnings stock drop further bucks 2024’s rally by software sector
Zscaler’s stock was down on the year prior to earnings, while an ETF tracking the software sector had rallied 29%MarketWatch - Dec. 3 -
UK facing ‘widening gap’ in ability to fight cyber threats, warns top agency
Number of incidents at top end of scale of severity tripled last year, including attack that took down London hospitalsFinancial Times - Dec. 3 -
Teacher's pay rise simply impossible, says minister
Paul Givan tells assembly members that the teaching unions have asked for a 13.5% rise in 2024-25.BBC News - Dec. 3 -
Wisconsin Judge Strikes Down Limits on Public Sector Unions
The 2011 law stripped most government workers in the state of collective bargaining rights and set off protests that lasted weeks.The New York Times - Dec. 2 -
Pres. Biden’s pardon for Hunter was always an ‘open’ option despite public denials
President Biden issues a full and unconditional pardon of his son Hunter Biden despite repeatedly insisting he would not do so. NBC News Correspondents Ken Dilanian and Mike Memoli report on the ...NBC News - Dec. 2 -