The U.S. Food and Drug Administration (FDA) on Tuesday classified the recent recall of some of Philips’ ventilators as Class 1, or the most serious type of recall, saying the use of these devices may cause serious injuries or death. This is the second Class 1 recall initiated by the company this year. In June,…
FDA Classifies Philips Ventilator Recall Due to Low Oxygen Risk as Most Serious
FDA Classifies Philips Ventilator Recall Due to Low Oxygen Risk
The U.S. Food and Drug Administration (FDA) on Tuesday classified the recent recall of some of Philips’ ventilators as Class 1, or the most serious type of recall, saying the use of these devices may cause serious injuries or death. This is the second Class 1 recall initiated by the company this year. In June,…
DirecTV Breaks Free From AT&T
By Meg James From Los Angeles Times Six years after AT&T swallowed DirecTV with ambitious plans to modernize the satellite TV business, the telephone company has retreated, returning DirecTV to its roots as a stand-alone company. On Monday, AT&T completed its spinoff of DirecTV, taking $7.1 billion in cash and 70 percent interest in the…
US Automakers to Reinstate Mask Mandates at All Plants
WASHINGTON—Detroit’s Big Three automakers and the United Auto Workers (UAW) union said on Tuesday that they will reinstate the wearing of masks at all U.S. plants, offices, and warehouses, regardless of vaccination status, beginning on Wednesday. General Motors Co, Ford Motor Co, and Stellantis NV said in a joint statement with the union the move is…
PepsiCo to Sell Tropicana, Other Juice Brands for $3.3 Billion
August 3, 2021
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PepsiCo unveiled a $3.3 billion sale of its Tropicana and other juice brands in North America to French private equity firm PAI Partners on Tuesday, as it looks to simplify its product range and move away from high-sugar drinks. The company, which bought the orange juice maker in 1998 for roughly $3.3 billion and U.S.-based…
Tyson Foods to Require COVID-19 Vaccines for All American Workers
Meat processing giant Tyson Foods said it would require COVID-19 vaccines for all its 120,000 U.S. workers, aiming for total vaccination by Nov. 1. Tyson Chief Executive Donnie King said that the effort is the best way to protect the health of the company’s workforce amid new strains of COVID-19. “We did not take this decision…
Amazon Unionization Election Should be Done Over, Labor Officer Recommends
The failed effort to unionize at an Amazon warehouse in Alabama may be revived after a federal officer recommended this week that a new vote take place. In a report obtained by The Epoch Times, a National Labor Relations Board (NLRB) officer said that evidence backs up claims by the Retail, Wholesale, and Department Store Union that…
Equinox and SoulCycle to Require COVID Vaccinations at New York City Locations
August 3, 2021
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Fitness firm Equinox said Monday it will require proof of COVID-19 vaccination at its gyms, SoulCycle studios, and corporate offices in New York City. Equinox said in a release that, starting in September, members, riders, and employees, must provide a one-time proof of vaccination in the form of a physical immunization card, a photo of…
Yellen Details ‘Extraordinary Measures’ to Raise Cash as Debt Ceiling Hits
August 3, 2021
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Treasury Secretary Janet Yellen on Monday announced a series of so-called “extraordinary measures” the department is taking to give the federal government more room to spend under a reimposed debt cap. Yellen detailed the emergency maneuvers—chiefly pausing investments in certain government employee pension funds—in an Aug. 2 letter to congressional leaders that came as a two-year suspension…
How to Keep Your Customers Happy (Even If They’re Wrong)
By Donna Peeples Knowing your customers and putting them first is fundamental to any growth strategy. More and more, companies use approaches like dynamic segmentation to learn who their customers are and to market and communicate in highly targeted and more cost-effective ways to specific groups. Those types of strategies make it obvious that not all…
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