McKinsey to pay $650M to settle DOJ criminal opioid probe
McKinsey & Company agrees to pay $650 million to resolve a Justice Department investigation into the consulting firm's work advising opioid maker OxyContin maker Purdue Pharma on how to increase sales did. McKinsey has filed a five-year lawsuit in federal court in Abingdon, Virginia, to resolve criminal charges brought as part of a rare corporate […]
Looking for a pay raise? These industries have the highest pay changes
As the holiday season approaches, everyone is worried about money. The average American has less cash in their pockets these days due to rising costs, which was exacerbated by November's biggest increase in U.S. consumer prices in seven months. There is. For a long time, a six-figure salary was synonymous with the ideals of the […]
Cantor Fitzgerald to pay $6.75M to settle SEC charges
Cantor Fitzgerald, the Wall Street firm that President-elect Donald Trump nominated for secretary of commerce, will pay a $6.75 million civil penalty after the incident. He was charged by the Securities and Exchange Commission with violating disclosure laws. The SEC said the global financial services company violated laws governing disclosure related to so-called “blank check […]
Australia to slap Google, Meta with fees if they don’t pay news companies for content
Australia is set to pass new rules forcing major tech conglomerates to continue paying media companies to use their content on social media platforms, government officials announced Thursday. . The News Bargaining Incentive is pressuring big tech companies such as Meta and Google to renew paid partnerships with Australian media companies or face fines. The […]
Struggling BuzzFeed Sells Off Massively Popular Media Property To Pay Debts
BuzzFeed has sold its popular Internet talk show “Hot Ones” to a consortium that includes a fund controlled by host Sean Evans and George Soros, according to a press release Thursday. BuzzFeed Inc. has replaced First We Feast, the production company that owned “Hot Ones,” with the show's creator Chris Schoenberger, Evans & Soros Fund […]
Americans Dissatisfied with Current Pay, Youth Most of All
A new survey shows that a majority of Americans, especially young people between the ages of 18 and 29, are dissatisfied with their current pay. Pew Research Center surveyed 5,274 U.S. workers in early October. research showed Only 30% of Americans feel satisfied with their current pay, down 4 points from last year. The majority […]
Meta, TikTok and Google to be forced to pay for Australian news | Australian politics
Digital platforms will be forced to pay for Australian news regardless of whether they strike new deals with publishers, and companies like Meta will not be able to circumvent news media bargaining provisions. On Thursday, the Albanon government announced the “News Bargaining Incentive.” This is a fee that applies to digital platforms and is effectively […]
House approves $895B defense bill with military pay raise, ban on transgender care for minors
WASHINGTON — The House of Representatives on Wednesday passed an $895 billion bill authorizing a 1% increase in defense spending this fiscal year and giving double-digit pay raises to about half of enlisted personnel. The bill has traditionally been highly bipartisan, but some Democrats opposed the inclusion of a ban on transgender treatment for children […]
Florida lawmaker introduces bill to require DACA students to pay out-of-state tuition
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Democrats in a bind over defense bill that bans transgender surgeries for minors but boosts enlisted pay
The House is scheduled to pass the annual defense bill on Wednesday, which would give major pay increases to enlisted soldiers and work to eliminate the Department of Defense's DEI program. The 1,800-page bill, known as the National Defense Authorization Act (NDAA), details how the $895.2 billion earmarked for defense and national security will be […]