Apple laying off 614 California workers after scrapping electric car project
Jeff Sica, founder of Circle Squared Alternative Investments, speaks on “Barney & Co.” about the Justice Department’s antitrust lawsuit against Apple, which claims the tech giant has a monopoly on the smartphone market. . Apple is laying off 614 employees in California after reports emerged earlier this year that the tech giant was abandoning efforts […]
Israeli Military Fires Two Officers Over Strike That Killed Aid Workers, Says Attack Violated Rules
The Israeli Defense Forces (IDF) on Friday dismissed two of its officers after an investigation found that it violated the military’s rules when conducting a recent airstrike that killed seven humanitarian aid workers. Seven employees of the World Central Kitchen (WCK), including one U.S. citizen, were killed on Tuesday after the IDF conducted an airstrike […]
IDF: Strike that killed World Central Kitchen workers was ‘serious failure due to a mistaken identification’
The Israel Defense Forces on Friday announced the findings of an investigation into the missile attack that killed several World Central Kitchen aid workers in the Gaza Strip. IDF investigators said the incident “should not have happened” and said the authorities who authorized the attack mistakenly believed they were targeting Hamas operatives. The Israel Defense […]
Treasury Secretary Janet Yellen calls for level playing field for US workers and firms during China visit
U.S. Treasury Secretary Janet Yellen on Friday called on China to address manufacturing overcapacity that could cause global economic disruption and level the playing field for U.S. businesses and workers. . The prime minister, who began a five-day visit to China in one of China’s major industrial and export hubs, said he expected tough talks […]
Kirby: US change in policy on Israel hangs on protection of aid workers
White House National Security and Public Affairs Advisor John Kirby said the United States will wait to see what Israel does in the coming hours and days and that U.S. policy is focused on protecting aid workers. He said that Kirby joins fox news channel “Your World with Neil Kabuto” on Thursday, shortly after President […]
Gavin Newsom’s restaurant offering job at $16/hr despite new state law of $20/hr for fast-food workers
California Gov. Gavin Newsom faces backlash after a restaurant he partially owns posted a $16-an-hour job posting as a new state law requires fast-food restaurants to pay workers $20 an hour. facing. Olympic Valley’s PlumpJack Cafe, part of a group of eateries that started as a wine shop founded by the Democratic governor in 1992, […]
California minimum wage shocks fast food workers as restaurant closes: ‘Only the beginning’
Another California small business and its employees appear to be suffering from the state’s new $20 minimum wage. “I’m shocked,” Monica Navarro, former assistant general manager at Foster’s Freeze in Lemoore, said Wednesday on “The Bottom Line.” “It would have been nice to have been notified so I could go and pick up my application.” […]
Former British army officer says Israel’s Spike missile may have killed aid workers
British media reports say the missile that killed several aid workers in the Gaza Strip this week, including Americans, who were part of the World’s Central Kitchen convoy was an “absolutely accurate” spike missile. It is highly likely that it was. Former British Army procurement officer Chris Lincoln-Jones told the Times of London that three […]
Billionaire investor and NY Mets owner says AI could yield four-day work week for most workers
GoDaddy founder Bob Parsons talks about the state of golf on The Claman Countdown. said Steve Cohen, billionaire investor and owner of the New York Mets. Artificial intelligence (AI) It could pave the way for a four-day work week for most workers. Cohen appeared on CNBC’s “Squawk Box” on Wednesday and said he believes most […]
Biden moves to protect federal workers from Trump ‘deep state’ purge
The Biden administration has finalized rules that could protect the jobs of millions of federal employees as former President Donald Trump promises to “destroy” what he calls the “deep state” if he wins a second term in the White House. President Joe Biden says the new rule will combat corruption and partisan interference to ensure civil servants […]