Elon Musk’s Tesla will cover travel costs for employees seeking out-of-state abortions

Elon Musk’s Tesla covers travel costs for employees who have out-of-state abortions, joining the ranks of several other companies that have introduced similar reimbursement policies following adoption by several states of pro-life legislation. Since 2021, Tesla has expanded its “Safety Net” program and health insurance offering to include “travel and accommodation assistance for those who … Read more

How major US stock indices fared on Friday

The stock market ended an unusually turbulent week with its fifth straight weekly decline By The Associated Press May 6, 2022, 8:33 PM • 2 minute read Share on FacebookShare on TwitterEmail this article The stock market ended an unusually turbulent week with its fifth consecutive weekly decline. The bumpy and mostly lower run came … Read more

Fed officials on the defensive as high inflation persists

Federal Reserve Governor Christopher Waller faced an uncomfortable task Friday night, delivering remarks to a conference packed with prominent academic economists titled, suggestively, “How Monetary Policy Has Fallen Behind and how to go back”. Fed officials – who set US monetary policy – found themselves on the defensive in Washington, on Wall Street and within … Read more

China to ban minors from tipping live streamers after 10 p.m.

Beauty blogger Austin Li Jiaqi speaks with a dog on her lap during a live broadcast on Taobao e-commerce platform on October 26, 2018 in Shanghai, China. Li, 27, nicknamed “Lipstick Brother”, is China’s hottest online beauty blogger. CGV | Getty Images China’s broadcasting regulator on Saturday introduced new rules that ban minors under the … Read more

Musk’s $44 billion Twitter takeover challenged in shareholder lawsuit

May 6 (Reuters) – Elon Musk and Twitter Inc (TWTR.N) were sued on Friday by a Florida pension fund seeking to prevent Musk from completing its $44 billion takeover of the social media company before 2025. In a proposed class action lawsuit filed in Delaware Chancery Court, the Orlando police pension fund said Delaware law … Read more

Investment firms buy Southland Mall, plan to modernize it and build high-quality housing – CBS Miami

MIAMI (CBSMiami) – Southland Mall in Cutler Bay has been acquired by two real estate investment firms that have big plans for the property. Electra America, a real estate private equity firm, and BH Group, a Miami-based private real estate investment firm, paid just over $100 million for the approximately 809,000-square-foot mall that will covers … Read more

Older Americans return to work

Vaccines, better working conditions and higher wages encourage older people to re-enter the workforce, undermining corporate demands for more migrants. “The percentage of retirees returning to work has grown in recent months, reaching a pandemic high of 3.2% in March,” according to a May 5 statement. Washington Post article based on data from Indeed.com. the … Read more

Yelp, other companies take a stand on abortion rights with travel benefits

May 6 (Reuters) – Yelp Inc, Amazon.com and Citigroup are among a small but growing number of companies rolling out policies to cover the costs of U.S. employees who must travel out of state for an abortion. Yelp Inc (YELP.N) was one of the first to offer support to its employees who may need to … Read more

Nvidia fined $5.5 million for downplaying importance of ‘volatile’ mining on gaming GPU sales

The United States Securities and Exchange Commission has fined Nvidia $5.5 million for failing to properly disclose the impact of cryptocurrency mining on the revenue the company has earned from the sale of its GPUs. game – a failure, according to the SEC, “deprived investors of critical information”. [needed] to assess business activity in a … Read more

Starbucks broke law by firing and threatening pro-union workers, Labor Board says

Starbucks has committed a host of labor rights violations by firing six pro-union workers, disciplining and monitoring others, closing stores and changing labor policies during its battle against an organizing campaign, according to a complaint filed Friday by labor officials. A regional director of the National Labor Relations Board brought the charges against the Seattle-based … Read more