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U.S. port's supply chain fix challenge: selling 24/7 shifts

  • Oct. 15, 2021, 12:42 p.m.
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Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson/File P

via www.reuters.com

Arrivederci, Alitalia: Troubled Italian airline shuts down after 75 years

  • Oct. 15, 2021, 7:42 a.m.
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Arrivederci, Alitalia: Troubled Italian airline shuts down after 75 years BUSINESS DAILY © FRANCE 24 After 75 years of service, Alitalia is closing down. Italy's national carrier had failed to turn

via www.france24.com

Netflix paid just £4m in UK corporation tax on £1.15bn from British subscribers

  • Oct. 15, 2021, 6:42 a.m.
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Netflix paid just £4m in UK corporation tax in 2020 despite having the best year in its history, as a pandemic-fuelled viewing boom generated an estimated £1.15bn from its British subscribers. The st

via www.theguardian.com

European point of sale provider SumUp acquires customer loyalty startup Fivestars for $317M – TechCrunch

  • Oct. 15, 2021, 2:42 a.m.
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SumUp, a European-based competitor to Square, PayPal/iZettle and others that provide mobile-powered card readers and other sales technology to merchants and small businesses, has made an acquisition i

via techcrunch.com

North America has become the world's biggest ransomware target as DeFi and crypto use expands, study shows

  • Oct. 14, 2021, 11:42 p.m.
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Getty Images North America has become the world's biggest victim of ransomware attacks, a study by Chainalysis showed. Most of the crypto-based attacks were associated with Russia-based cybercrimina

via news.yahoo.com

Amazon to take team-wise approach on remote work policy

  • Oct. 14, 2021, 12:42 p.m.
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Oct 11 (Reuters) - Amazon.com Inc (AMZN.O) will let individual teams decide for how many days corporate employees would be expected to work from office in a week, Chief Executive Officer Andy Jassy sa

via www.reuters.com

Amazon copied products and rigged search results, documents show

  • Oct. 14, 2021, 12:42 p.m.
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Amazon.com Inc has been repeatedly accused of knocking off products it sells on its website and of exploiting its vast trove of internal data to promote its own merchandise at the expense of other sel

via www.reuters.com

Jobless claims: Another 293,000 individuals filed new claims last week, reaching fresh pandemic-era low

  • Oct. 14, 2021, 12:42 p.m.
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U.S. states posted a much larger-than-expected drop in initial unemployment claims last week, bringing the number of those newly unemployed back toward their pre-virus pace. The Labor Department rele

via finance.yahoo.com

Trucking industry facing a hiring and retention crisis, with the busiest time for shipping just weeks away

  • Oct. 14, 2021, 8:42 a.m.
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Information from the Bureau of Labor Statistics shows the truck transportation industry lost 6% of its pre-pandemic labor force of 1.52 million workers. DALLAS, Texas — Freight operators nationwide a

via www.wfaa.com

Trump hotel lost $70M despite millions in foreign business

  • Oct. 14, 2021, 6:42 a.m.
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FILE - This March 11, 2019 file photo, shows the north entrance of the Trump International in Washington. Former President Donald Trump's company lost more than $70 million operating his Washington D.

via www.pressrepublican.com

KPMG used ‘untruthful defence’ in Silentnight inquiry, says watchdog

  • Oct. 13, 2021, 7:42 p.m.
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One of KPMG’s senior partners lied in an investigation into the scandal over the bed company Silentnight’s insolvency, according to an unprecedented rebuke of a big four accountant from the regulator.

via www.theguardian.com

LA port to open round the clock to tackle shipping queues

  • Oct. 13, 2021, 2:42 p.m.
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He added that he wanted to make it easier for US firms to make products on home soil. "Never again should we have to rely too heavily on one company or one country or one person in the world, particul

via www.bbc.co.uk

Hasbro CEO Brian Goldner dies, days after stepping down for health reasons

  • Oct. 13, 2021, 1:42 p.m.
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Toymaker Hasbro announced Tuesday that its longtime chief executive, Brian Goldner, has died, just two days after he took medical leave. Goldner, 58, had been serving as CEO since 2008. He joined the

via www.cnbc.com

JPMorgan exceeds profit expectations on $1.5 billion boost from better-than-expected loan losses

  • Oct. 13, 2021, 12:42 p.m.
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JPMorgan Chase on Wednesday posted third-quarter results that exceeded expectations on a $1.5 billion boost from better-than-expected loan losses. The gain came after the bank released $2.1 billion i

via www.cnbc.com

How We’ve Connected Salary to Both Personal and Company Growth

  • Oct. 13, 2021, 10:42 a.m.
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Comp. Whether you finish the rest of that word with -ensation or -licated, compensation is an important piece of running a business and hiring a great team. We are dedicated to creating a great plac

via tuffgrowth.com

UPDATE 2-China Sept iron ore imports fall 1.9% m/m on sluggish demand at mills

  • Oct. 13, 2021, 9:42 a.m.
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* Sept iron ore imports at 95.61 mln T vs 97.49 mln T in Aug * Jan-Sept imports down 3% from year earlier * Sept steel products exports down 2.6% from a month ago (Adds bullet points, detail and nam

via www.reuters.com

THG sheds £1.85bn as plan to win investor support backfires

  • Oct. 13, 2021, 8:42 a.m.
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Plans by online retailer THG to win support from shareholders for its strategy backfired spectacularly on Tuesday after an investor day sparked a sell-off that wiped a third from its share price. The

via www.theguardian.com

Apple may cut iPhone 13 production by millions as US warns of Christmas shortages

  • Oct. 13, 2021, 5:42 a.m.
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Apple may slash the number of iPhone 13s it will make this year by up to 10m because of a shortage of computer chips amid a worldwide supply chain crunch that led the White House to warn that “there w

via www.theguardian.com

Kids who grew up with search engines could change STEM education forever

  • Oct. 13, 2021, 12:42 a.m.
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Catherine Garland, an astrophysicist, started seeing the problem in 2017. She was teaching an engineering course, and her students were using simulation software to model turbines for jet engines. She

via www.theverge.com

Column: Unemployment benefits weren't what kept workers home. The latest crummy jobs report proves it

  • Oct. 13, 2021, 12:42 a.m.
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A Massachusetts restaurant displays a "Now Hiring" sign in March. (Associated Press) The latest jobs report from the federal government, covering September employment, had some bad news and, so to sp

via finance.yahoo.com

Restaurant and hotel workers are quitting their jobs at a rate that's more than twice the record national average

  • Oct. 12, 2021, 5:42 p.m.
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The hospitality industry's labor challenges continued in August. A record 892,000 accommodation and food-services workers quit their jobs, the BLS said. The industry's quit rate of 6.8% far outpaced

via www.businessinsider.com

Markets pencil in UK interest rate rise in days before Christmas

  • Oct. 12, 2021, 1:42 p.m.
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Traders are betting that Bank of England policymakers are likely to begin raising interest rates as early as December in response to fuel and food shortages that are expected to push up inflation befo

via www.theguardian.com

A record 4.3 million workers quit their jobs in August, led by food and retail industries

  • Oct. 12, 2021, 9:42 a.m.
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Job openings declined sharply in August while hiring also fell and the level of workers quitting their jobs hit the highest level since at least late 2000, the Labor Department reported Tuesday. Empl

via www.cnbc.com

Toyota aims to make up some lost production as supplies rebound -sources

  • Oct. 12, 2021, 8:42 a.m.
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The Toyota logo is seen at its booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song TOKYO, Oct 12 (Reuters) - Toyota Motor Corp (7203.T) in December

via www.reuters.com

China bans British beef again over mad cow disease

  • Oct. 12, 2021, 7:42 a.m.
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In response to the latest move, the UK's Department for Environment, Food and Rural Affairs said it was working to reassure Chinese authorities that the case of BSE had been successfully managed and t

via www.bbc.com

Ryanair bans Covid refund passengers from boarding new flights

  • Oct. 12, 2021, 7:42 a.m.
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Ryanair has been accused of barring passengers who pursued chargebacks against the airline during the pandemic from taking new flights this year – unless they return their refunds. An investigation b

via www.theguardian.com

EXCLUSIVE Major coffee buyers face losses as Colombia farmers fail to deliver

  • Oct. 11, 2021, 8:42 p.m.
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Roasted coffee beans are seen on display at a Juan Valdez store in Bogota, Colombia June 5, 2019. REUTERS/Luisa Gonzalez Summary Traders say up to 1 mln bags of Colombia coffee crop undelivered Surg

via www.reuters.com

After Whistle-Blower Goes Public, Facebook Tries Calming Employees

  • Oct. 11, 2021, 3:42 p.m.
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SAN FRANCISCO — At a question-and-answer session with employees last week, Mark Zuckerberg, Facebook’s chief executive, was asked about Frances Haugen, a former product manager turned whistle-blower w

via www.nytimes.com

Star Entertainment: Shares fall on money laundering claim

  • Oct. 11, 2021, 10:42 a.m.
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In the statement released by Star to the Australian Securities Exchange it also said: "We will take the appropriate steps to address all allegations with relevant state and federal regulators and auth

via www.bbc.co.uk

Biggest US retailers charter private cargo ships to sail around port delays

  • Oct. 11, 2021, 8:42 a.m.
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Global supply-chain delays are so severe that some of the biggest U.S. retailers have resorted to an extreme—and expensive—tactic to try to stock shelves this holiday season: They are chartering their

via www.foxbusiness.com

Wall Street rises on Big Tech strength

  • Oct. 11, 2021, 7:42 a.m.
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A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. REUTERS/Andrew Kelly Summary Energy, material stocks boosted by commo

via www.reuters.com

Facebook whistleblower to appear before UK Parliament

  • Oct. 11, 2021, 7:42 a.m.
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Among many issues he tackled was the idea it was profitable for Facebook to stoke discontent for the sake of keeping users on the platform - arguing advertisers did not pay to advertise on controversi

via www.bbc.com

The Age of Surveillance Capitalism, with Shoshana Zuboff and Rosamund Urwin

  • Oct. 10, 2021, 12:42 p.m.
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The Age of Surveillance Capitalism, with Shoshana Zuboff and Rosamund Urwin By Intelligence Squared We live in an age of "surveillance capitalism" - where technologies that were meant to liberate us

via open.spotify.com

Cotton prices just hit a 10-year high. Here's what that means for retailers and consumers

  • Oct. 10, 2021, 8:42 a.m.
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The last time cotton prices were this high, it was July 2011. "In 2011, we needed a prayer meeting," Levi Strauss Chief Executive Chip Bergh told investors on an earnings call Wednesday. Bergh recal

via www.cnbc.com

Nations agree to 15% minimum corporate tax rate

  • Oct. 9, 2021, 9:42 p.m.
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Oxfam's tax policy lead Susana Ruiz said: "The world is experiencing the largest increase in poverty in decades and a massive explosion in inequality but this deal will do little or nothing to halt ei

via www.bbc.com

Tesla ordered to pay $137m to Black former employee for racial abuse

  • Oct. 9, 2021, 3:42 p.m.
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Tesla has been ordered by a federal court in California to pay almost $137m in damages to a Black former employee who said he endured racial abuse while working at a factory in Fremont. Owen Diaz, a

via www.theguardian.com
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