France Seeks EU Deal to Avoid Repaying Rail Freight Aid
French Transport Minister Clement Beaune said the government is in talks with the European Commission to avoid reimbursing
2023-05-24 04:49
India’s G-20 Win Shows US Learning How to Counter China’s Rise
Xi Jinping’s decision to stay away from this weekend’s Group of 20 summit may have been intended to
2023-09-10 16:57
Pope Francis urges students in Portugal to fight economic injustice and protect the environment
Pope Francis is challenging university students to make the world a more just and inclusive place
2023-08-03 16:48
Why the unemployment rate went up in August even though 187,000 jobs were added
Usually when the economy adds a lot of jobs in a given month the unemployment rate ticks down. That wasn't the case in August.
2023-09-01 23:53
Tesla Reverses China Price Cut, Adding $2,000 to Model Y Variant
Tesla Inc. raised the price of its Model Y Performance sport-utility vehicle by around $2,000 in China on
2023-10-27 11:25
Bank of England warns that some global asset valuations appear stretched
By David Milliken and Huw Jones LONDON (Reuters) -The Bank of England said on Tuesday that valuations for some financial
2023-10-10 18:19
New World Bank chief to kick off global tour with Peru, Jamaica stops
By David Lawder WASHINGTON The World Bank Group's new president, Ajay Banga, will visit Peru and Jamaica next
2023-06-09 02:22
War Spilling Into Russian Regions Adds to Risks Haunting Economy
President Vladimir Putin’s invasion of Ukraine has cost Russia tens of billions of dollars as sanctions squeeze its
2023-06-12 17:26
Bayern to repay 245,000 euros for breaking minimum wage rules
Bayern Munich have been forced to repay over 200,000 euros ($216,560) for failing to meet minimum wage requirements over a five-year period, Bavarian...
2023-06-15 17:17
Indiana judge dismisses state's lawsuit against TikTok that alleged child safety, privacy concerns
An Indiana county judge has dismissed a state lawsuit filed against TikTok that had accused the app of deceiving its users about the level of inappropriate content for children on its platform and the security of consumers’ personal information
2023-11-30 07:54
Elon Musk’s X finally agrees to try and settle Twitter’s mass layoffs lawsuit
Elon Musk’s X has agreed to attempt to settle a lawsuit by former employees who say the company cheated them of severance pay following mass layoffs. After taking over Twitter, which he rebranded X recently, Mr Musk cut nearly two-thirds of the social media company’s workforce from about 8000 to 2,000, claiming he had “no choice” as the company was losing $4m per day. “Everyone exited was offered 3 months of severance, which is 50 per cent more than legally required,” Mr Musk said. Many laid-off employees, however, publicly announced they never got the severance they were due to get. In the months that followed, the company was hit by several lawsuits, including one alleging the layoffs disproportionately targeted women. Now, months after urging Twitter, the company has agreed to try and settle, according to a memo sent by Shannon Liss-Riordan, who represents the laid-off workers. The labour and civil rights attorney, representing nearly 2,000 ex-employees, said X would attempt to settle with the laid-off staff. “After 10 months of pressing them in every direction we have succeeded in getting Twitter to the table,” she wrote in the memo cited by Bloomberg. Further schedule for the mediation remains unclear, but reports suggest negotiations could happen on 1 and 2 December. X did not immediately respond to The Independent’s request for comment. Some ex-employees have alleged Twitter did not pay them promised severance either. One employee said earlier this year that he had “never even seen a severance letter let alone been offered severance”. While some former staff attempted to resolve the issue by first filing a class-action lawsuit against X, their contracts with Twitter, however, required that disputes be resolved via arbitration. “We are very proud to be representing nearly 2,000 former Twitter employees, in individual arbitrations as well as more than a dozen class action lawsuits in court,” Ms Liss-Riordan had earlier said in a statement, adding that lawyers and former staff were working to recover “what they are owed”. Read More Musk the messiah (or a very naughty boy?) Elon Musk ignores reporter after claims he stopped Ukrainian attack on Russia Elon Musk was on brink of death after catching malaria on South African safari, book claims Musk the messiah (or a very naughty boy?) Elon Musk warns of ‘civilisational risk’ posed by AI at historic gathering Musk was on brink of death after catching malaria on safari, book claims
2023-09-15 15:51
New York City will implement minimum wage for app-based workers, marking national first
In a national first, New York City will implement a minimum pay rate for app-based food delivery workers
2023-06-13 01:59
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