“At small facilities with barely more than 100 employees, the departure of even one highly valued team member could lead to production challenges if not managed or planned appropriately,” said one labor advocate.
Category Archives: business
Automakers blame global chip shortage for disappointing quarterly earnings
“It was a challenging quarter,” VW CEO Herbert Diess said.
Economic growth rate slows to 2 percent as supply chain issues take toll
“The U.S. economy remains very volatile as we battle a global supply chain crisis, increasing inflation and a sluggish labor market,” said one economist.
After $4 billion deal with Tesla, Hertz says it will rent out half those cars to Uber drivers
Drivers with at least a 4.7-star rating will be able to rent a Model 3 for $334 a week before taxes and fee.
Betsy DeVos was misled by Theranos founder before investing $100M, rep says
The DeVos family office initially said it would invest $50 million, but doubled it after meeting with Elizabeth Holmes.
Puerto Rico governor signs into law debt-restructuring bill
Puerto Rico Governor Pedro Pierluisi signed a law to slash the debt by half, but it hasn’t been approved by the federal control board overseeing P.R.’s finances.
Covid vaccine mandate led to 96 percent of Tyson workers getting the shot, company says
Meatpacking giant Tyson Foods says more than 96 percent of its workers have been vaccinated ahead of the company’s Nov. 1 deadline for them to do so.
Former Zuckerberg staffers sue companies that run his family office, allege harassment, discrimination
An ex-household manager claims he was “groped, propositioned,” while a former security assistant says she was subjected to “defamatory and hyper-sexualized remarks.”
Woman claims strawberry Pop-Tarts don't have enough strawberries, sues for $5 million
In the case of blueberry Pop-Tarts, Kellogg notes on the package that the product is “naturally and artificially flavored.”
Biden nominates FCC chair, new commissioner to give Democrats majority
President Joe Biden announced his nominees to the Federal Communications Commission on Tuesday, ending a wait for nominations that has been historically long.