IKEA announced on Thursday that it will invest more than $2.2 billion in the U.S. market over the next three years to further expand its omnichannel fulfillment network. In a statement, Ingka Group, which owns most IKEA stores, said it plans to bring eight new big stores and add nine “plan and order points”—smaller stores…
Over 70 Percent of Managers Say Gen Z Is the Most ‘Difficult’ Generation to Work With
More than 70 percent of managers and business leaders find Generation Z workers the most difficult to work with, according to the results of a new survey by Resume Builder. The professional resume-building website surveyed 1,344 managers and business leaders online working at companies with more than 10 employees on April 14. A total of 1,000 participants in…
400-Foot Tall SpaceX Rocket Explodes Over Texas
Elon Musk’s SpaceX launched its first Starship rocket on Thursday morning, but it exploded during a mid-flight failure over the Gulf of Mexico near Texas. “As if the flight test was not exciting enough, Starship experienced a rapid unscheduled disassembly before stage separation,” the private space exploration company wrote on Twitter. “Teams will continue to…
400-Foot Tall SpaceX Rocket Explodes Over Gulf of Mexico
Elon Musk’s SpaceX launched its first Starship rocket on Thursday morning, but it exploded during a mid-flight failure over the Gulf of Mexico near Texas. “As if the flight test was not exciting enough, Starship experienced a rapid unscheduled disassembly before stage separation,” the private space exploration company wrote on Twitter. “Teams will continue to…
Wall Street Opens Lower on Downbeat Earnings, Rate Jitters
U.S. stock indexes opened lower on Thursday as disappointing results from Tesla, AT&T and some regional banks dented investor sentiment already soured by prospects of further U.S. interest rate hikes. The Dow Jones Industrial Average fell 156.41 points, or 0.46 percent, at the open to 33,740.60. The S&P 500 opened lower by 24.04 points, or…
Oil Companies Testing Low-Emissions Gasoline as an Electric Vehicle Alternative
The two biggest U.S. oil companies are testing the production of new, less carbon-emitting blends of gasoline, as the government push for electric vehicles (EVs) gets more pronounced. Chevron Corp. and Exxon Mobil Corp. are testing gasoline production from non-fossil sources, a move that could extend the period gasoline-powered vehicles remain available for purchase, as…
Civil Rights Complaint Filed Against Anheuser-Busch for Racist and Sexist Hiring
April 20, 2023
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Anheuser BuschBud LightBusiness & Marketscivil rights complaintCompaniesdiversity and inclusionSocial IssuesUSUS News
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The makers of Bud Light, who are facing a nationwide public backlash over promoting trans-activism in the name of diversity, have found themselves amid a civil rights complaint for racist and sexist hiring practices. “The evidence is that Anheuser-Busch is knowingly, intentionally, and unlawfully discriminating based on race, color, national origin, and sex with respect…
Credit Suisse Failed to Investigate Its Past Ties With Nazis, Says Senate Committee
Swiss investment bank Credit Suisse failed to review “all relevant records” of potential Nazi accounts while also firing an outside lawyer who was overseeing an internal probe of the issue, according to an investigation conducted by the U.S. Senate Committee on the Budget. In March 2020, the Simon Wiesenthal Center (SWC), a Jewish human rights…
Credit Suisse Failed to Investigate Its Past Ties With Nazis: Senate Panel
Swiss investment bank Credit Suisse failed to review “all relevant records” of potential Nazi accounts while also firing an outside lawyer who was overseeing an internal probe of the issue, according to an investigation conducted by the U.S. Senate Committee on the Budget. In March 2020, the Simon Wiesenthal Center (SWC), a Jewish human rights…
Elon Musk Threatens to Sue Microsoft Over Alleged ‘Illegal Use’ of Twitter Data
April 20, 2023
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artificial intelligenceBusiness & MarketsCompaniesElon MuskMedia & Big TechmicrosoftTwitterUSUS News
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Twitter CEO Elon Musk has threatened to sue Microsoft after accusing the tech giant of illegally using the social media platform’s data for training. “They trained illegally using Twitter data. Lawsuit time,” Musk wrote on Twitter on April 19, without providing further details regarding the allegations. His tweet came shortly after Microsoft announced it is…
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