Apple is in trouble for its anti-union busting practices at one of its 270 stores in the United States. On June 20, a National Labor Relations Board (NLRB) judge, Lauren Esposito, ruled that the tech giant violated their employees’ rights by interfering with unionization efforts at the World Trade Center (WTC) location in New York City,…
Apple Found Guilty of Union-Busting Activities at NYC Store by Labor Judge
3M Reaches $10.3 Billion Settlement Over US Allegations of ‘Forever Chemicals’ Contamination
Chemical manufacturer 3M Co. has reached a $10.3 billion settlement with several U.S. public drinking water systems to resolve allegations of contamination of “forever chemicals.” The company announced Thursday that the agreement “includes present value commitment of up to $10.3 billion payable over 13 years.” The $10.3 billion agreement would settle a case that had been…
Warren Buffett’s Charitable Giving Tops $51 Billion
Warren Buffett has donated another $4.64 billion of Berkshire Hathaway stock to five charities, boosting his total giving since 2006 to more than $51 billion. The annual donation made on Wednesday is the 92-year-old Buffett’s largest, and consisted of about 13.7 million of Berkshire’s Class B shares. Buffett is donating 10.45 million shares to the…
FTC Argues Microsoft’s Deal to Buy Activision Should Be Blocked
WASHINGTON—The Federal Trade Commission (FTC) on Thursday argued in federal court for a preliminary injunction to temporarily block Microsoft’s acquisition of videogame maker Activision Blizzard, which would stop the deal from closing before the government’s case against it is heard by an administrative judge. “If this deal is completed, the combined company … is likely…
Meta Confirms Canadians Will Be Blocked From Accessing News on Social Media Due to Passage of Bill C-18
Tech-giant Meta has confirmed that Canadians will lose access to news on its social media sites due to Bill C-18, the Online News Act, becoming law. “We have repeatedly shared that in order to comply with Bill C-18 … content from news outlets, including news publishers and broadcasters, will no longer be available to people…
Facebook’s Zuckerberg Responds to Cage Match Challenge From Twitter’s Musk
June 22, 2023
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Mark Zuckerberg and Elon Musk, the owners of competing social media platforms, could soon get into a cage match if their talk on social media is to be believed. Zuckerberg—who co-founded Facebook and whose Meta Platforms Inc. owns Instagram—has reportedly been preparing a new social media platform to compete with Twitter. Musk, who bought out…
JPMorgan Fined $4 Million for Deleting 47 Million Emails: SEC
The Securities and Exchange Commission (SEC) fined JPMorgan Chase’s broker-dealer arm $4 million for deleting tens of millions of emails from early 2018, with some relating to subpoenas in regulatory investigations. According to a June 22 adminstrative order, the federal regulator said that J.P. Morgan Securities LLC erased 47 million emails during the period January…
Top Executive for Bud Light Parent Wins ‘Creativity’ Award, Despite Losing $20 Billion Over Trans Fiasco
June 22, 2023
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The top marketing executive for Bud Light parent Anheuser-Busch InBev won the “Creative Marketer of the Year” award, despite costing the company $20 billion over its recent transgender fiasco. Bud Light has lost billions of dollars in revenue due to massive boycotts after the beer company decided to pair the brand with transgender activist Dylan Mulvaney, who…
5 Men on Missing Titanic Submarine Died in ‘Catastrophic Implosion’: Coast Guard
The operator of a submersible vehicle that went missing while trying to view the Titanic wreckage in the Atlantic Ocean said that it’s likely all five people on board have died, while U.S. Coast Guard officials said a “catastrophic implosion” likely occurred. “We now believe that our CEO Stockton Rush, Shahzada Dawood and his son…
Missing Titanic Submarine Crew Likely Died in ‘Catastrophic Implosion’: Coast Guard
The operator of a submersible vehicle that went missing while trying to view the Titanic wreckage in the Atlantic Ocean said that it’s likely all five people on board have died, while U.S. Coast Guard officials said a “catastrophic implosion” likely occurred. “We now believe that our CEO Stockton Rush, Shahzada Dawood and his son…
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