The Federal Trade Commission on Tuesday voted to ban for-profit US employers from making employees sign agreements with noncompete clauses. Such a ban could affect tens of millions of workers. President Joe Biden soon after the announcement said, “the FTC is cracking down on ‘non-compete…
The SEC asked a New York judge to impose $5.3 billion in fines against Terraform Labs and Do Kwon to resolve the civil fraud case against them. The regulator says the fines are a “conservative” but “reasonable approximation” of Terraform and Kwon’s “ill-gotten gains” from the fraud. The U.S. Securities…
Tesla is eliminating 3,332 jobs across the state of California, and 2,688 jobs in Austin, Texas, according to Worker Adjustment and Retraining Notification (WARN) Act letters and notices filed in both states.The layoffs are part of a broader restructuring that the electric vehicle maker announced last week.In 2021, Tesla CEO…
E.W. Scripps, one of the largest local TV broadcasters in the U.S., has hired a financial advisor to evaluate inbound interest in acquiring Bounce TV, its over-the-air network geared toward African Americans, according to Scripps CEO Adam Symson.The sale process comes after Paramount Global shopped around Black entertainment company BET…
Judge Juan Merchan appeared poised on Tuesday to sanction Donald Trump for violating the gag order in his criminal hush money case after peppering the former president’s lawyers with questions about why Trump’s social media posts were acceptable. Tuesday began with a hearing on Trump’s 10 alleged violations of the gag order,…
Following the historic UFC 300 pay-per-view card, the UFC took a short break. That break ends on Saturday when the promotion moves from T-Mobile Arena to the UFC Apex for this weekend’s UFC Vegas 91 fight card, which takes place on April 27. The main event of UFC Vegas 91…
By Dietrich Knauth(Reuters) – WeWork founder Adam Neumann has asked a U.S.…
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View MoreThe Justice Department has reached a $138.7 million settlement with more than 100 victims of disgraced former USA Gymnastics team doctor Larry Nassar over the FBI’s initial failures in investigating the sexual assault case. More than 150 women and girls, including Olympic athletes, have alleged that Nassar sexually abused them under the guise of performing medical treatments. The FBI failed to investigate their claims, the victims say. Nassar, who was convicted of sexually abusing young athletes under the guise of medical treatment, was sentenced in a Michigan state court to up to 175 years in prison. “For decades, Lawrence Nassar abused his position, betraying…
Documents found on a North Korean server suggest US studios may have unknowingly outsourced animation work Images and video found on a North Korean server and shared with CNN appear…
While speaking to reporters before heading into court, former President Donald Trump said that the amount of security surrounding the courthouse, where his hush money trial is underway, is preventing…
Judge Juan Merchan will consider whether to fine Donald Trump for repeatedly violating the gag order barring the former president from publicly discussing witnesses or jurors in the criminal hush…
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View MoreBy Echo Wang(Reuters) – Donald Trump is set to secure on Tuesday a stock bonus worth $1.3 billion from the…
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View MoreKaren Edwards has traveled to 93 countries, and 57 of them have been with her young children.Edwards said that her family has had more fun exploring…
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Google has fired an additional 20 workers that it says were involved in protests last week over the company’s cloud-computing contract with the Israeli government, bringing the total number of workers fired to 50, according to the group organizing the demonstrations. No Tech for Apartheid, the organizers of the protest…
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