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Teachers are quitting at record rates
Teachers are quitting their jobs at the highest rate since the government started keeping records in 2001, new data from the U.S. Department of Labor shows. The Wall Street Journal reports that in the 12 months that ended in October 2018, one million .....»»
Scandal Rocks Biden"s Labor Dept For Lying About Sharing Non-Public Inflation Data With Secret Group Of Wall Street "Super Users"
Scandal Rocks Biden's Labor Dept .....»»
The Wall Street Journal: Emergent CEO says company made over 100 million doses of J&J vaccine, apologizes for contaminated batch
Emergent BioSolutions Inc. has made enough of a key ingredient to yield more than 100 million doses of Johnson & Johnson’s Covid-19 vaccine, and federal health regulators are evaluating whether to release the shots, Emergent’s chief executive said......»»
Bill Gates reportedly transferred another $850 million in shares to Melinda, taking total transfers since their divorce to nearly $4 billion
Bill Gates transferred $850 million in Deere stock to Melinda French Gates, the Wall Street Journal reported - about 7% of his stake in the co.....»»
Chipotle has been sued by New York City over claims it violated scheduling sick leave laws, and now owes over $150 million to workers
Chipotle called the labor law violation lawsuit a "dramatic overreach" on the part of New York City. West 169th Street Chipotle. Kris Mirasola New York City is suing Chipotle over ac.....»»
The Wall Street Journal: GameStop’s outgoing CEO will walk away with millions
It is a lucrative time to be leaving GameStop Corp.’s C-suite as the run-up in the videogame retailer’s share price has enabled four executives to depart with vested stock now valued at roughly $290 million......»»
The Wall Street Journal: CEO pay surges nearly 15% during pandemic
CEO pay surged in 2020, a year of historic business upheaval, a wrenching labor market for many workers and unprecedented challenges for many leaders......»»
Larry Ellison buys an $80 million mansion in South Florida. Is a move from high-tax Hawaii next?
Oracle co-founder and Chairman Larry Ellison has bought an $80 million mansion in North Palm Beach, Florida, the Wall Street Journal reported, citing two people familiar with the deal. It’s been a good week for Ellison. His net worth hit $.....»»
The Wall Street Journal: SoftBank investing $500 million in mortgage startup Better
SoftBank Group Corp. is investing $500 million in mortgage lender Better as the Japanese investing giant seeks to ride a wave of swelling startup valuations......»»
The Wall Street Journal: Nike, MSCHF settle Lil Nas X ‘Satan Shoes’ lawsuit; refunds to be offered
The company behind the Satan Shoes will offer to repurchase the customized sneakers from consumers, resolving a lawsuit filed by Nike Inc. after the footwear created a social media splash......»»
Corning to double production of glass vials for COVID vaccines to 150 million this year, holding 1.2 billion doses: WSJ
Corning Inc. is planning to increase production of glass vials for COVID-19 vaccines by 50% from prior targets, after receiving more federal funding, the Wall Street Journal reported on Friday. The glass maker is now expe.....»»
News Corp to buy Investor"s Business Daily for $275 million
News Corp announced Thursday a deal to buy Investor's Business Daily for $275 million from O'Neil Capital Management. News Corp is the parent company of MarketWatch and the Wall Street Journal publisher Dow Jones. Investor's Busin.....»»
The Wall Street Journal: TuSumple IPO filing shows autonomous trucks are still a money-loser
Self-driving company TuSimple Inc. unveiled paperwork for its initial public offering Tuesday showing it has lost more than $300 million over the past three years in the race to be the first to launch fully autonomous long-haul trucks......»»
The Wall Street Journal: SoftBank Vision Fund injected at least $400 million into Greensill Capital in late 2020
The infusion of cash was in addition to the $1.5 billion the Vision Fund had invested in Greensill in 2019......»»
The Wall Street Journal: CBS paid over $7 million for Prince Harry and Meghan Markle interview with Oprah
Talk isn’t cheap when it comes to Oprah Winfrey, Prince Harry and Duchess of Sussex Meghan Markle......»»
The Wall Street Journal: Parler files new lawsuit against Amazon, alleging anticompetitive conduct
Parler LLC has filed a new lawsuit against Amazon.com Inc. as the company continues its dispute with the tech giant for ending web-hosting services for the social network......»»
SoftBank To Give WeWork"s Adam Neumann Extra $50M As Part of Settlement Deal
WeWork’s co-founder Adam Neumann is set to benefit from a $50 million bonanza along with other benefits as a part of a settlement agreement with SoftBank Group Corp (OTC: SFTBY), the Wall Street Journal read more.....»»
The Wall Street Journal: Cryptocurrency firms Bitfinex, Tether settle New York AG’s probe for $18.5 million
The New York attorney general’s office settled Tuesday a nearly two-year investigation into the finances and corporate practices of the companies that operates the Bitfinex cryptocurrency exchange and the stablecoin tether......»»
The Wall Street Journal: New York sues Amazon, alleging it’s failed to protect workers from coronavirus
New York’s attorney general has filed a lawsuit against Amazon.com Inc. that accuses the online retailer of not doing enough to protect workers in the state from the coronavirus......»»
The Wall Street Journal: Fox Business cancels Lou Dobbs show after anchor was named in voting-machine lawsuit
Fox Business has canceled “Lou Dobbs Tonight,” one of its consistently highest-rated shows, a day after its host was named as a defendant in a $2.7 billion defamation lawsuit......»»