Category: Business

Britain Fines Drug Firms After Steroid Price for NHS Rises Over 10,000 Percent

Britain’s competition regulator has fined more than 10 drug firms a record combined £260 million ($360 million) for overcharging the National Health Service (NHS) for a steroid that rose from 70 pence to £88 a pack in under eight years. The Competition and Markets Authority (CMA) said on Thursday that the breaches meant the NHS…


US Regulator Sues Amazon, Demands Recall of Hazardous Products

The U.S. Consumer Product Safety Commission (CPSC) said on Wednesday it has sued Amazon.com Inc to force the retailer to recall hundreds of thousands of hazardous products that it had distributed on its platform. By a 3–1 vote, the CPSC voted to file an administrative complaint saying the Seattle-based e-commerce giant was legally responsible to…


Russia-Based Ransomware Gang Offline but Cause Not Clear

WASHINGTON—The Russia-based criminal syndicate behind a devastating series of recent ransomware attacks was offline on Tuesday, but cybersecurity experts said that it was premature to speculate why and that there was no indication of a law enforcement takedown. REvil’s dark web data-leak site and ransom-negotiating portals were both unreachable, cybersecurity researchers said. The group was…


Salon Owner Sells Business for $1 to ‘Worthy’ Employee

NEW HAVEN, Conn.—Salon owner Pio Imperati took a chance and hired hairstylist Kathy Moura right out of technical high school 15 years ago. It has worked out so well that Imperati sold her his venerable New Haven, Connecticut, business for $1. “She’s a good hairdresser, a good barber, she’s very nice,” Imperati told the New…


American Airlines Plans to Cancel Voluntary Leaves for Flight Attendants Later This Year

By Grace Lieberman From The Dallas Morning News American Airlines plans to cancel voluntary leaves taken by its flight attendants in November, December and January, as it anticipates an uptick in holiday travel will create a need for extra staffing. According to a letter from the Association of Professional Flight Attendants to its 28,000 members,…


The Downsides of the JobKeeper Redux

Commentary It did not take long for commentators to label the revised joint Commonwealth and state financial support package for the economic victims of COVID-19 restrictions as “JobKeeper lite.” This will doubtless irritate Australian Prime Minister Scott Morrison and Treasurer Josh Frydenberg after they invested precious political capital in burying the JobKeeper subsidy scheme at…


Truckies Threaten Nationwide Strike That Could ‘Cripple’ Australian Supply Chains

The union for Australian truck drivers is threatening strike action after talks with major logistics company Toll Group broke down on July 14. The Transport Workers’ Union will file an application with the industrial relations tribunal, the Fair Work Commission, to organise a vote to determine whether 7,000 drivers across the country will strike. The…


10 Tips to Boost Employee Productivity and Skyrocket Performance

By Saurabh Kumar A company’s success and productivity are directly related to the productivity of its employees. If you are willing to achieve your goals, set higher targets and get the desired traction, you need to make sure that your employees achieve their targets and bring productivity to the company. The management must keep track of employee…


The Role of Data Science in Improving Customer Satisfaction

The world’s most successful companies set their focus on customer satisfaction. The reason being that customers leave organizations where they are not satisfied with the service. New products with unique and improved features will continue to pop up in the market. Still, the customer would rather continue doing business with companies that serviced them well…


How to Maintain Productivity in New Surroundings

Working five days a week really gets you into an established rhythm. The habits you develop and the atmosphere you’re used to really streamline your productivity each day. So what happens when you’re confronted by new surroundings and are expected to maintain the same level of productivity? Don’t let change rob you of your productivity….