Tag: Companies

Property Giant Lendlease to Lay Off 740 Employees

Lendlease is cutting 10 percent of its global workforce as the real estate giant works to implement a five-year turnaround plan. A Lendlease spokesman on Tuesday confirmed the company will lay off about 740 people. Overseas workers will take the brunt of the job losses, with five percent of the company’s Australian staff receiving redundancies….


[PREMIERING NOW] Aaron Siri on Missouri v. Biden, First Amendment Jurisprudence, Basic Freedoms, Separation of Powers | ATL:NOW

“I think this might be one of the most consequential decisions in First Amendment jurisprudence in 200 years. You have a federal judge, in a case brought by two states in America—so, two attorney generals: Missouri and Louisiana—saying that the federal government has violated the First Amendment of the United States Constitution by colluding widely…


Aaron Siri on Missouri v. Biden, First Amendment Jurisprudence, Basic Freedoms, Separation of Powers | ATL:NOW

“I think this might be one of the most consequential decisions in First Amendment jurisprudence in 200 years. You have a federal judge, in a case brought by two states in America—so, two attorney generals: Missouri and Louisiana—saying that the federal government has violated the First Amendment of the United States Constitution by colluding widely…


[PREMIERING 7:30PM ET] Aaron Siri on Missouri v. Biden, First Amendment Jurisprudence, Basic Freedoms, Separation of Powers | ATL:NOW

“I think this might be one of the most consequential decisions in First Amendment jurisprudence in 200 years. You have a federal judge, in a case brought by two states in America—so, two attorney generals: Missouri and Louisiana—saying that the federal government has violated the First Amendment of the United States Constitution by colluding widely…


Big Makeup Brand Faces Boycott Calls for Using Bearded Man in Lipstick Ad

Maybelline, the world’s biggest cosmetic brand, is facing a deluge of boycott calls over its marketing partnership with a bearded makeup artist who was featured in an ad trying on lipstick. The advertisement, which was posted on Maybelline’s Instagram account on July 12 to coincide with Amazon Prime Day, shows social media influencer Ryan Vita…


Ford Slashes Prices on F-150 Electric Pickup Truck

Ford on Monday confirmed it is slashing prices for its F-150 Lightning truck due to lower battery costs. The Detroit-based automaker, which had raised Lightning prices earlier this year, said it was able to cut prices following improvements in scale and battery raw material costs. It came after Ford’s EV sales dropped 2.8 percent earlier…


Is Inflation Over? Ask Your Pocketbook

Commentary There was much rejoicing last week as June’s headline CPI (Consumer Price Index) came in at 3 percent, the lowest level of overall price level growth since March 2021. Financial media declared that the United States has entered “disinflation mode” and that the season of post-pandemic inflation was nearing an end. The previously scorned…


Tesla Builds Its First Cybertruck Two Years Behind Schedule

Tesla produced its first Cybertruck off the assembly line in Austin, Texas, over the weekend after two years of delays. The first Cybertruck finally rolled off the factory line on July 15 to much celebration at Tesla’s Gigafactory. Tesla CEO Elon Musk first announced the first prototype of the electric pickup truck back in 2019 to great…


‘Extraordinarily Sensitive’ Personal Data Handed Over to Meta by Tax-Preparation Firms: Report

Three tax-preparation companies have shared sensitive personal information of millions of taxpayers with Meta and other Big Tech companies like Google, according to a new report by congressional Democrats. The tax-prep companies—TaxAct, H&R Block, and TaxSlayer—are said to have “shared millions of taxpayers’ data with Meta, Google, and other Big Tech firms” using computer code…


S&P 500, Nasdaq Start Week Higher as Investors Await More Results

The S&P 500 and the Nasdaq inched higher on Monday after last week’s strong gains, with investors cautious ahead of quarterly results from industry heavyweights through the week. The Dow Jones Industrial Average fell 9.29 points, or 0.03 percent, at the open to 34,499.74. The S&P 500 opened higher by 3.44 points, or 0.08 percent,…