Yearly Archives: 2021

Attorney General Ken Paxton seeks $43M for Google lawsuit

The mass exodus of Texas Attorney General Ken Paxton’s top staff over accusations of bribery against their former boss has left Paxton seeking $43 million in public funds to replace some of them with outside lawyers to lead a high-profile antitrust lawsuit against Google. Former Paxton aides told The Associated Press that before they reported him to the FBI in September and began resigning, the lawsuit against the search engine giant was set to be handled internally by what is one of the… Source link

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MLS won’t ask players to take COVID paycut, proposes extending CBA

Major League Soccer won’t ask its players to take another paycut to offset the deep losses in gate revenue caused by the coronavirus pandemic, but will seek a two-year extension to the collective bargaining agreement that was signed last summer, multiple sources with knowledge of the league’s proposal to the MLS Players’ Association told Yahoo Sports. MLS formally made the proposal to the union late Tuesday afternoon. The two sides had initially agreed to a new CBA last January, but the… Source link

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Ohio State COVID issues, plans to play Jan. 11

In a college football season defined by disruption, chaos and fluid dates of games, the culmination of the season remains on track. After reports emerged Tuesday that the College Football Playoff title game could be moved because of COVID-19 issues at Ohio State, multiple sources told Yahoo Sports that the Buckeyes have no plans to move back the title game. Ohio State athletic director Gene Smith told Yahoo Sports: “We are on track to play.” He added in a statement: “We continue to… Source link

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Googlers unite | The Indian Express

The newest addition to the coolest workplace in the world is not another zany foosball table or a micro-kitchen to supply Googlers with kombucha and snack bars — it is a workers’ union. Over 400 engineers and workers at Google have organised themselves into the Alphabet Workers Union, after years of unofficial activism. How did things come to such a pass? This is Silicon Valley after all, the late capitalist utopia where technology has a fix for every solution, where… Source link

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How the 2020 election will end: Yahoo News Explains

Nov. 3, Election Day, may seem like a long time ago, but on Jan. 6 — or in the early hours of Jan. 7 — the 2020 presidential election may actually end, as Congress meets in a joint session to count and certify the Electoral College vote. However, Republicans in both the House and the Senate plan to object to some states’ results in a last-ditch effort to hand President Trump another term. Yahoo News explains what to expect. Source link

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Fed sends mixed messages on its plans for asset purchases

The Federal Reserve has committed to beefing up its asset purchases until “substantial further progress” is made on the economic rebound. But Fed officials this week are sending mixed messages on whether or not the next move will be ramping up or winding down its quantitative easing program. Chicago Fed President Charles Evans said Monday that the central bank will likely maintain its $120-billion-a-month pace of buying mortgage-backed securities and U.S. Treasuries “for a while.” But… Source link

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Alphabet union has a ‘long way to go’ before it can force Google to bargain, expert says

A newly formed labor movement at Google parent company Alphabet (GOOG, GOOGL) could reverberate throughout Silicon Valley. It could spur a new generation of technology workers to demand greater say in their pay, how the tools they create are commercialized, and how their employers address ethical questions about their products. The Alphabet Workers Union (AWU) could also fail to coalesce into an entity that legally obligates the tech giant to entertain its demands. According to Alex Colvin,… Source link

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These 2 big airlines may shock everyone and merge in a bid to survive COVID-19 pandemic: analyst

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ A new year, a new addition to the stock portfolio – what can make more sense than that? The right time to buy, of course, is when stocks are priced at the bottom. Buying low and selling high may be a bit hackneyed, but it’s true, and truth has staying power.But the markets are up. The NASDAQ rose 43% in 2020, and the S&P 500 showed a gain of 16%. With a market environment like that, finding stocks that are caught in… Source link

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Ken Paxton scandal could cost state millions in legal fees for Google case

Texas may pay tens of millions of dollars to outside attorneys hired to handle a major lawsuit against Google — money the state did not plan to spend before a scandal enveloped Texas Attorney General Ken Paxton this fall. That’s under agreements signed last month with outside lawyers based in Chicago, Houston and Washington, D.C., including high-profile plaintiffs’ attorney Mark Lanier and the law firm Keller Lenkner, who will lead Texas’ multi-state… Source link

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After top staff exodus, Texas AG seeks $43M for Google suit

Texas Attorney General Ken Paxton is seeking $43 million in taxpayer money to pay outside lawyers to lead a 10-state antitrust lawsuit against Google By JAKE BLEIBERG Associated Press January 5, 2021, 8:50 PM • 5 min read Share to FacebookShare to TwitterEmail this article DALLAS — The mass exodus of Texas Attorney General Ken Paxton’s top staff over accusations of bribery against their former boss has left the Republican seeking $43 million in public funds to replace some of them with… Source link

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