2023 marked most active labor-dispute year in more than two decades: Pew analysis
2023 was the most active year for large-scale labor disputes in more than 20 years, according to a new Pew Research Center analysis published Thursday. The analysis considered data on mass business closures in 2023 from the federal Bureau of Labor Statistics (BLS). The agency classifies a closure as “major” if it involves at least […]
Fidelity has marked down value of X by 71.5 percent since Musk takeover
Fidelity has reduced the value of its stake in X Holdings, the parent company of the platform formerly known as Twitter, by 71.5 percent since Elon Musk acquired the company in October 2022. The investment firm slashed Company X's valuation by about 10.7% in November alone, from an estimated $6.3 million at the end of […]