BUSINESS

Dec 21 2024BUSINESS

Delivery Drivers Strike: What’s Behind the Amazon Protest?

In the United States, Amazon delivery drivers are protesting in four states. These drivers complain about long hours, heavy workloads, and little support. They say they have to deliver around 400 packages a day, with few breaks and no helpers. Amazon, however, says the strike won’t affect holiday de

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Dec 21 2024BUSINESS

Health Center Faces Legal Battle Over Fired Providers

The National Labor Relations Board (NLRB) has found that Peak Vista Community Health Centers may have acted illegally when they fired five medical providers last summer. The providers claimed they were dismissed for talking about forming a union. According to a recent ruling, Peak Vista might have v

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Dec 21 2024BUSINESS

Texas Instruments Gets Massive Boost with Biden's CHIPS Act Funding

Texas Instruments has just received a whooping sum of around $2 billion from the federal CHIPS Act. The funding will go towards building three new factories in Sherman, Texas, and Lehi, Utah. This project is expected to create about 2, 000 new jobs. Apart from this, the company anticipates getting a

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Dec 21 2024BUSINESS

Yellow's Layoff Notices: Too Little, Too Late?

Recently, a federal judge in Delaware gave some guidance on the WARN Act claims from Yellow Corp. ’s former employees. They argue they weren't properly notified ahead of mass layoffs in July 2023. The judge said Yellow was correct in using some defenses, but the notices given were "insufficient. " T

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Dec 21 2024BUSINESS

Chongqing's Path to Better Economic Development: A Different Look

What makes a region develop economically in a high-quality way? This question is explored in a study that focuses on Chongqing's "One District, Two Groups" initiative from 2017 to 2021. By creating an index system with dimensions like economic vitality, coordinated growth, green development, and dig

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Dec 21 2024BUSINESS

Dan Abrams Steps Back from NewsNation Primetime

Dan Abrams, a prominent figure in NewsNation's primetime lineup, will be leaving his regular 9 p. m. slot early next year. On a recent episode, Abrams shared that his busy schedule, including managing multiple media businesses, makes it difficult to balance his responsibilities. The entrepreneur run

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Dec 21 2024BUSINESS

Darien Business Scene Gets a Fresh Start

It's a new day for Darien's business community. Mayor Joseph Marchese dropped a surprise announcement on Thursday. The city has taken over the chamber of commerce's events and hired its former executive director. This is all part of the new Darien Business Alliance, which the City Council has just a

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Dec 21 2024BUSINESS

FedEx's LTL Spin-Off: A Shift Towards Specialization

Back in the 90s, FedEx jumped into the LTL business by acquiring Viking Freight and American Freightways. The idea was to offer a full package of shipping options, from small parcels to large truckloads. This strategy was similar to its rival, UPS. However, as the years passed and the shipping world

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Dec 20 2024BUSINESS

Nike CEO: We Forgot About Sports!

Nike's boss, Elliott Hill, recently admitted that the sports giant has lost its focus on sports, much to the surprise of investors. After a brief surge in shares, the company's stock took a nosedive when Hill forecasted a double-digit drop in revenue for the coming quarter. Hill, who took over in Oc

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Dec 20 2024BUSINESS

California Catching Up: Population Bounces Back in 2024

In 2024, California added more residents than it had in years, finally making progress towards its pre-pandemic population high. The state's population grew by about 233, 000 residents, bringing the total to just under 39. 5 million. Experts see this as a positive sign after a period of decline, kno

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