Category: Companies

Farmers’ Fight for ‘Right to Repair’ Own Equipment Builds as More States Advance Supporting Legislation

U.S. farmers’ “Right to Repair” movement is gaining steam as more and more states allow the practice of allowing them to fix their own equipment. The movement has faced opposition over the past several years, from manufacturers of products like medical devices, motor vehicles, and equipment, which contain software and telematics used for remote diagnosis…


T-Mobile Network Outage Hits Thousands of Users Across US

T-Mobile was down for thousands of users across multiple states in the United States late Monday, leaving them unable to make phone calls or use other cellular services. According to the outage tracking website Downdetector.com, approximately 77,206 outages have been reported within the last 24 hours, with the highest number of reports coming from Los Angeles, Las…


Global Shares Edge Higher Ahead of US Inflation Data, Yen Firms

Global shares edged higher on Tuesday, tracking a rebound on Wall Street ahead of a key U.S. inflation report and speeches by Federal Reserve members, while the yen recouped losses after Japan nominated a new central bank governor. European shares cheered an upbeat handover from Asia, with the pan-European STOXX 600 up 0.5 percent, hovering…


Amazon Rises Seller Fees Amid Slackening Sales, Rising Costs

Amazon has dealt with slowing sales growth and rising costs, by increasing sellers fees for the nearly 2 million small businesses that distribute their products on its website. Sellers on Amazon have been paying more every year on fees as a percentage of their sales, but not because sellers were using more services. The online retailer…


Amazon Raises Seller Fees Amid Slackening Sales, Rising Costs

Amazon dealt with slowing sales growth and rising costs by increasing seller fees for the nearly 2 million small businesses that distribute their products on its website. Sellers on Amazon have been paying more every year on fees as a percentage of their sales, but not because sellers were using more services. The online retailer has…


Only 2 in 10 US Employees Have a Best Friend at Work: Gallup

A recent survey found that only two out of ten employees in the U.S. say they definitely have a best friend at work. The quarterly survey was conducted by Gallup in June 2022. “We’re seeing in the data that younger people in general are feeling more disconnected from their workplaces,” said Gallup workplace and well-being…


Aerospace Suppliers Face Competition for Hires From Planemakers

SEATTLE—Aerospace suppliers are gearing up for a hiring spree in 2023 but could face stiff competition for skilled laborers, including from their top customers—planemakers Boeing and Airbus. The tight labor market is a key factor in the industry’s supply-chain shortages, and could determine whether Boeing and Airbus meet near-term production goals, industry officials said. Executives…


Silicon Valley Layoffs Are a Boon for Tech-Hungry Farm Equipment Makers

Big agricultural and construction equipment manufacturers in the American Midwest are on a mission to lure Silicon Valley tech workers who have been caught up in a wave of hiring freezes and layoffs, executives told Reuters. Mass layoffs at major tech firms have opened the talent pipeline for Illinois-based Deere & Co.—the world’s largest tractor…


Alcon to Pay Johnson & Johnson $199 Million to Settle Eye-Laser Cases

Alcon Vision LLC will pay Johnson & Johnson’s J&J Surgical Vision Inc. $199 million to settle legal battles over intellectual property related to the companies’ laser eye-surgery devices, Alcon said in a press release on Sunday. Alcon said the one-time payment would resolve “various worldwide intellectual property disputes” and that the companies had reached a…


Maersk Sues Evergreen Over 2021 Blocking of Suez Canal

CAIRO—The world’s biggest shipping company said Monday it sued a rival shipping line in a Danish court, seeking compensation for ship delays that resulted from the blocking of the Suez Canal by a hulking vessel two years ago. The Panama-flagged vessel Ever Given, operated by Evergreen Marine Corp., ran aground in March 2021, blocking the…