Category: Companies

OSHA Cites Amazon for Failing to Keep Workers Safe at Three Warehouses, Larger Investigation Ongoing

The Occupational Safety and Health Administration (OSHA) announced on Jan. 18 that it has cited retail giant Amazon for failing to keep workers safe at three of its warehouse facilities. In a release, OSHA said the facilities—in Deltona, Florida; Waukegan, Illinois; and New Windsor, New York —were cited following inspections between July and August last year. Those…


CEO of Major Airline Warns of More Travel Disruptions as Carriers Struggle With Pilot Shortages, Outdated Tech

The CEO of United Airlines warned on Jan. 18 that outdated technology and a shortage of pilots and workers could see other airlines canceling and delaying flights for passengers this year. CEO Scott Kirby made the comments during a call with analysts and reporters to discuss the company’s fourth-quarter financial results. The CEO said that airlines that…


Retail Sales See Largest Monthly Decline in December as Americans Battle Inflation

Americans cut back on retail spending for a second consecutive month in December despite inflation easing slightly during the typically busy holiday shopping season, data from the Commerce Department showed on Jan. 18. Retail sales, at $677.1 billion, fell 1.1 percent in December, which was worse than expected and marked the largest monthly decline in 2022. Data for…


Hollywood Lost Over $500 Billion in Market Value in 2022

Hollywood studios lost over $500 billion in market value in 2022, with $120 billion of losses coming from Disney alone. The American movie industry, which once dominated the globe, is facing tough times ahead. Woke politics in entertainment and artistic interference from foreign regimes like communist China have taken a toll on viewership, creativity, and…


Virginia Gov. Youngkin Responds to Criticism Over China-Partnered Ford Plant Decision

Republican Gov. Glenn Youngkin’s removal of Virginia for consideration for automaker Ford’s new battery plant has come under fire from Democrats, who said that a $3.5 billion Ford battery manufacturing plant would have created over 2,500 jobs in southern Virginia while questioning whether the national security concern over Ford’s China-based partner was legitimate. On Tuesday,…


Costco Must Face Lawsuit Over ‘Dolphin Safe’ Tuna Claim

A U.S. judge on Tuesday said Costco Wholesale Corp. must face a lawsuit claiming it falsely advertises and labels its canned tuna as “dolphin safe” despite using fishing methods that harm and kill dolphins. U.S. District Judge William Orrick in San Francisco said the plaintiff in the proposed nationwide class action plausibly alleged that Costco…


West Virginia Announces $83 Million Opioid Settlement With Walgreens

CHARLESTON, W.Va.—West Virginia has settled for $83 million with Walgreens for the pharmacy store chain’s role in perpetuating the opioid crisis in the U.S. state with the most per capita overdose deaths, Attorney General Patrick Morrisey announced Wednesday. That brings the total West Virginia dollars brought in from opioid litigation to more than $950 million,…


Twitter Offers New Annual Plan for Subscription Service

Twitter Inc. said on Wednesday it was offering an annual plan for its subscription service called Twitter Blue, which includes its sought-after “verified” badge, at a discount to its monthly price. Users can subscribe to the service for an annual price of $84, instead of a monthly subscription price of $8 on the web and…


Microsoft Is Cutting 10,000 Jobs in Latest of Big Tech Layoffs

Microsoft will cut 10,000 jobs in response to decreasing demand after the pandemic, its CEO said in a note to employees Wednesday. The announcement comes after tens of thousands of job cuts across the technology sector. The layoffs are a response to decreased spending in cloud computing after the COVID-19 pandemic, Microsoft said: “First, as…


Moderna CEO Says He Wants to Have mRNA Vaccine Factory on Every Continent

Moderna chief executive Stephane Bancel said he wants to take his company’s mRNA vaccine manufacturing to every continent in the world, Reuters reported. “We’re talking to a couple more countries, because I would really like on every continent to have mRNA capacity,” Bancel said during a panel at the annual meeting of the World Economic…