Category: Companies

Amazon Asks Employees to Be in Office at Least 3 Days a Week

Amazon.com Inc. would require employees to be in office at least three days a week from May 1, the e-commerce giant said on Friday. The COVID-19 pandemic had altered the workplace, with companies sending employees home to work remotely. Even as lockdowns eased around the world, a large population of employees remains remote or in…


Tech Giants From Google to TikTok Face Tougher EU Rules

BRUSSELS—Tech giants including Facebook, Google, Twitter, and TikTok face stricter online content rules in the European Union due to their huge number of users. The new rules, known as the Digital Services Act (DSA), classify companies with more than 45 million users as very large online platforms (VLOPs) and require them to do risk management…


Tesla Says It Laid Off 4 Percent New York Employees Before Union Campaign

Tesla Inc. said on Wednesday it laid off 4 percent of the employees in the Autopilot labeling team in Buffalo as part of a performance review cycle conducted every six months. The automaker responded to a union complaint filed with a government agency alleging that the company laid off dozens of employees from its Autopilot…


Strike at German Airports Grounds Nearly 300,000 Passengers

BERLIN—A 24-hour strike at seven German airports, including Frankfurt and Munich, was set to affect nearly 300,000 passengers on Friday, as unionized workers pressed for higher wages and threatened a summer of “chaos” if their demands were not met. The strike coincided with the start of the Munich Security Conference, with more than 40 heads…


Virgin Wins $160 Million in Trademark Dispute With Alaska Airlines

LONDON—Virgin Group won its trademark case against Alaska Airlines Inc. for approximately $160 million on Thursday, with a judge in London ruling that it is entitled to royalties even though the U.S. airline no longer uses the Virgin brand. Virgin units Virgin Aviation TM Ltd. and Virgin Enterprises Ltd. argued Alaska is liable to pay…


Struggling Aerospace Suppliers May Not Be Able to Support Jet Output Hikes: Survey

Meeting Boeing Co. and Airbus SE’s planned jet output hikes this year will not be a “slam dunk” for the aerospace supply chain, a Morgan Stanley survey of 80 suppliers showed on Thursday. While the aerospace sector seeks to speed up its recovery from a pandemic-led slowdown as a travel boom spurs demand for jets,…


Gonzalez v. Google Will Be a Crucial Battle in an Escalating War on Big Tech, Industry Observers Say

One of the most closely watched pending cases of the Supreme Court’s current term, Gonzalez v. Google, may result in a ruling that profoundly changes how online platforms operate and signals a broader societal shift against the excesses of big tech, legal experts and observers of the industry have told The Epoch Times. Gonzalez v….


Google Case Before Supreme Court Will Be Crucial Battle in Escalating War on Big Tech, Industry Observers Say

One of the most closely watched pending cases of the Supreme Court’s current term, Gonzalez v. Google, may result in a ruling that profoundly changes how online platforms operate and signals a broader societal shift against the excesses of big tech, legal experts and observers of the industry have told The Epoch Times. Gonzalez v….


FDA Announces Recall of Blood Pressure Medication After Failed Lab Test

A blood pressure medication that is produced by Sun Pharmaceuticals is being voluntarily recalled, according to an “enforcement report” issued by the U.S. Food and Drug Administration (FDA) this week. Sun Pharmaceuticals is voluntarily recalling diltiazem hydrochloride in a 360-milligram dosage form across the United States, the FDA report said. Diltiazem hydrochloride is used to treat…


Moderna mRNA Flu Vaccine Trial Reports Mixed Results, Higher Adverse Reaction Rate

A large-scale human trial of Moderna’s mRNA seasonal flu vaccine yielded mixed interim results in terms of effectiveness and safety, the company said Thursday. The experimental vaccine, called mRNA-1010, is developed using the same technology as Moderna’s COVID-19 vaccines. It works by instructing the body’s cells to assemble hemagglutinin, a protein on the surface of…