Tech companies are next targets for overtime pay cases - Oakland Labor Lawyer
Lawyer Bryan Schwartz recently won a settlement from the Bank of America worth $36 million for failing to pay employees the proper overtime rates. Schwartz said overtime cases will hit tech industries next.
Aug 31, 2015 12:12 AM EDT
Donald Trump still undecided to sign South Carolina's Republican Party pledge
Presidential billionaire candidate Donald Trump is yet to decide whether to sign the South Carolina Republican Party pledge, but the SC insists on it. Seems that Trump will gain votes as he had presented policy proposals to revive America.
Wall Street clocks biggest 2-session surge since 2008 crisis
The rebound on Wall Street has wiped out half of the losses it suffered during the worst crash ever since 2008 crisis. The market recovery on Wednesday and Thursday helped Dow Jones, S&P 500 and Nasdaq post gains of over six percent.
Is it the end of contract employment? Controversial NLRB Ruling makes companies responsible for violations made by contractors
The National Labor Relations Board (NLRB) made the biggest decision giving a ruling Thursday that companies can be liable for the labor violations done by their contractors and franchisees, which may end contract employment.
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Donald Trump favors higher tax rate on rich, hedge funds
Republican Presidential candidate Donald Trump favored high taxes on rich and hedge funds. While asuring lower tax for middle class and other working people, Trump said he would stop corporate inversion that's costing Amercia trillions of dollars.a
Aug 30, 2015 11:38 PM EDT
Decline in revenues forces Caterpillar Inc to cut 475 jobs further
Caterpillar Inc has decided to further reduce its employess by 475 following decline in revenues. The sluggishness in global construction and mining sectors is impacting the heavy machinery manufacturer's performance.
Aug 28, 2015 8:02 AM EDT
Intel invested $60M to develop drones with Yuneec International
Intel, the semiconductor company invested $60M to China-based drone manufacturer, Yuneec International. The partnership aims to revolutionize the industry by using UAV to provide services.
Aug 28, 2015 7:59 AM EDT
1 billion people on a single day: Facebook sets new record
Facebook has set a new record in online users as it registered one billion people accdesing its website on a single day.
Aug 28, 2015 5:19 AM EDT
McDonald's rejects Burger King's McWhopper peace deal
McDonald's had declined the proposal of Burger King to team up for a cause. Burger King is hoping to unite the country's two favorites and best-loved burgers producing a hybrid peace-loving McWhopper even for just a day.
Aug 28, 2015 5:17 AM EDT
Accenture enhances parental benefits for US and Canadian parents
Accenture announces enhancements in their parental leave benefits. The enhanced parental benefits include giving both men and women the chance to work locally after the birth or adoption of their child.
Aug 28, 2015 5:14 AM EDT
Sephora’s peace offering to disappointed customers: $50 gift code
Sephora hosted an event that left customers frustrated, resulting to mass returns of items. Previously, Sephora organized an Epic Rewards Day where their clients can exchange their rewards points for some really good stuff such as a trip to Lancome Paris.
Aug 28, 2015 5:03 AM EDT
Coursera raises $50M for expansion in China and India
Coursera raises funds for global expansion. Coursera, the world's leading online education provider, announced that it raised almost $50 million in funding for their expansion plans to China, the Americas and India.
Aug 28, 2015 5:01 AM EDT
Goldman Sachs is hiring in Poland
Goldman Sachs is hiring more people for its technology unit in Poland as the Eastern European country offers affordable business environemnt. The US bank will recruit several hundres of people over next three years.
Aug 28, 2015 4:33 AM EDT
Oshkosh wins $6.75B defense contract to build Humvee replacement
Oshkosh wins bid to manufacture JLTVs for $6.75B. The US Department of Defense has been looking for a replacement of the Humvee a short time after the war in Iraq became deadly in 2004.
Aug 28, 2015 4:30 AM EDT
Floyd Mayweather’s latest car costs only $4.8M
Floyd Mayweather, one of the flashiest athletes in the world, shows off his latest addition to his car collection.
Aug 28, 2015 4:26 AM EDT
Punch Taverns sells 158 pubs to NewRiver; Deal Closed at £53.5M
NewRiver acquires 158 non-core pubs of Pub Taverns for £53.5 million. Punch Taverns decides to sell 158 of its pubs to NewRiver for an agreed sum of £53.
Aug 28, 2015 4:25 AM EDT
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