Investments and Business

More news - News 24 hours The European Union (EU) accuses Microsoft of foul play after regulators accused the tech giant of unfairly bundling its popular Teams video conferencing software with its Office suite. This practice, the EU says, gives Teams an unfair advantage over competitors like Zoom and Slack. The issue centers on how Microsoft bundles Teams into its Office 365 and Microsoft 365 subscriptions, which include programs like Word, Excel, and Outlook. Regulators say this bundling essentially forces companies to adopt Teams if they want Microsoft’s other widely used programs. That, they argue, hurts competition by limiting customer…

Related media - News 24 hours An American Airlines passenger who kicked and spit at flight attendants and passengers and attempted to open the cabin door before being secured to his seat with duct tape is being sued by the Federal Aviation Administration for $81,950 , the largest fine ever issued by the agency for unruly behavior. behavior. The passenger, Heather Wells, 34, of San Antonio, was traveling first class from Dallas-Fort Worth International Airport in Texas to Charlotte Douglas International Airport in Charlotte, North Carolina, on July 7, 2021, when About an hour into the flight she ordered a…

Related media - Recent news That has changed significantly in recent years, as the three national credit reporting agencies – TransUnion, Equifax and Experian – have eliminated much of that debt from credit reports. In the last two years, they stopped reporting debts less than $500 and debts less than a year in collections. According to a recent study by the Urban Institute, these changes have erased medical debt from the credit reports of millions of Americans. The percentage of Americans with unpaid healthcare bills on their credit reports dropped from 12% in August 2022 to 5% in August 2023.…

More news - News 24 hours An Amazon spokesperson said in a statement that the company is appealing the sanctions and denied that the company used "fixed quotas." Spokeswoman Maureen Lynch Vogel said that “individual performance is evaluated over an extended period of time, compared to the performance of the entire site team” and that workers can “review their performance whenever they wish.” . California law also prohibits quotas that interfere with employees' ability to take mandatory breaks or use the bathroom, or that prevent employers from following state health and safety laws. Experts said the law was among the…

Related media - News 24 hours In the Shek Tong Tsui area, where Return Home Hunan opened in May, many of the brightly colored restaurants – once mainstays of the neighborhood – had recently closed their doors. A restaurant that served cheap noodles and milk tea was gone, as was a restaurant where retirees gathered to eat dim sum and catch up on the day's news. “The restaurant business is hard work,” said Roy Tse, the owner of a local restaurant that sold lunch rice dishes once popular among office workers in Hong Kong's Taikoo Shing business district. There are…

Related media - Latest news At the center of the federal criminal trial is an incident in 2021 in which Mr. Watson's deputy deceived Goldman Sachs employees on a fundraising call by posing as a YouTube executive. The revelation of the call precipitated Ozy's downfall. Defense lawyers for Mr. Watson and Ozy accused his deputy, Samir Rao, of the false phone call and of misrepresenting Ozy's financial details to potential investors. Ms. Frison said in her opening statement in May that Mr. Rao was “incompetent for the role he was filling.” Mr. Rao and Suzee Han, Ozy's former chief of…

Related media - Breaking news GM and Ultium released statements saying they were pleased with the deal. The union said it wants to use the Ultium Cells contract as a model to negotiate local deals at other battery plants that GM and its Detroit rivals are building. GM began production this year at a battery plant in Spring Hill, Tennessee, and has another under construction in Lansing, Michigan. Ford Motor plans two battery plants in Kentucky, one in Tennessee and one in Michigan. Stellantis, the maker of Chrysler, Jeep, Dodge and Ram vehicles, plans two battery plants in Indiana. Aside…