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Australia's Qantas loses appeal in workforce outsourcing case
Australia's Qantas loses appeal in workforce outsourcing case
The High Court of Australia on Wednesday dismissed a Qantas Airways Ltd's appeal against a ruling that found
2023-09-13 09:23
Walker & Dunlop Seniors Housing Team Closes Over $280 Million in Q1 2023
Walker & Dunlop Seniors Housing Team Closes Over $280 Million in Q1 2023
BETHESDA, Md.--(BUSINESS WIRE)--May 15, 2023--
2023-05-15 18:49
US EPA to increase biofuel blending mandates in 2023-2025 -sources
US EPA to increase biofuel blending mandates in 2023-2025 -sources
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) -The Biden administration plans to increase the amount of biofuels that
2023-06-21 04:29
Chevron Australia LNG workers back strike threat in second meeting, no talks
Chevron Australia LNG workers back strike threat in second meeting, no talks
By Lewis Jackson (Reuters) -Workers at Chevron's two liquefied natural gas (LNG) facilities in Western Australia voted to restart strikes
2023-10-06 19:49
Apple unveils M3, M3 Pro, and M3 Max, the most advanced chips for a personal computer
Apple unveils M3, M3 Pro, and M3 Max, the most advanced chips for a personal computer
CUPERTINO, Calif.--(BUSINESS WIRE)--Oct 30, 2023--
2023-10-31 08:50
Elon Musk’s X finally agrees to try and settle Twitter’s mass layoffs lawsuit
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
Marketmind: Jubilant markets eye jobs in June jump
Marketmind: Jubilant markets eye jobs in June jump
A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling removed,
2023-06-02 18:26
UK’s Inflation Rate May Fall at Sharpest Pace in 30 Years
UK’s Inflation Rate May Fall at Sharpest Pace in 30 Years
Britain’s inflation rate is likely to fall at the sharpest pace in more than 30 years when April
2023-05-23 14:20
Austria farmers up in arms over Brussels GMO plans
Austria farmers up in arms over Brussels GMO plans
The European Commission's proposal to ease current restrictions on genetically modified crops has riled up EU organic farming leader Austria...
2023-08-03 13:51
Stock market today: Wall Street slips ahead of new data on inflation and a big week for Big Tech
Stock market today: Wall Street slips ahead of new data on inflation and a big week for Big Tech
Wall Street drifted modestly lower ahead of a highly anticipated update on U.S. consumer prices later this week
2023-09-12 20:46
US commerce secretary says closed three 'pillars' of Indo-Pacific talks
US commerce secretary says closed three 'pillars' of Indo-Pacific talks
By David Lawder SAN FRANCISCO U.S. Commerce Secretary Gina Raimondo said a ministers meeting on Tuesday had completed
2023-11-15 11:59
Exclusive: SoftBank's Arm to ask for $47 to $51 per share in IPO
Exclusive: SoftBank's Arm to ask for $47 to $51 per share in IPO
By Echo Wang and Anirban Sen NEW YORK Arm Holdings Ltd, the chip designer owned by SoftBank Group
2023-09-02 22:18