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Jeff Bezos, Amazon’s founder. Alex Wong/Getty Images An Amazon worker on leave emailed Jeff Bezos to say she’d been underpaid, The New York Times said. A subsequent investigation found that Amazon was systematically underpaying some workers on leave. A spokesperson told The Times that Amazon was still identifying underpaid workers. An email sent to Jeff Bezos from an Amazon worker who was on leave triggered an internal investigation that exposed flaws with the company’s payroll system, The New… Source link

Severe supply chain disruptions forebode a “brutal winter” for markets, which could suffer from heightened uncertainty if Congress fails to raise the debt ceiling well ahead of a December deadline, Citigroup (C) CEO Jane Fraser told Yahoo Finance at its All Markets Summit on Monday.  She expressed optimism that the supply-demand imbalance could pass next year, but acknowledged that disruptions “could become more sustainable.”  “We’re probably in for a bit of a brutal winter, particularly in… Source link

The COVID-19 pandemic changed the way millions of Americans plan for retirement, according to Penny Pennington, Edward Jones managing partner.  “A third of those say that they are going to be working longer. But another third say they’re going to be working a shorter amount of time,” said Pennington during Yahoo Finance’s All Markets Summit: The Path Forward. Pennington became Edward Jones’ sixth managing parter in 2019. She joined the firm in 2000 as a financial advisor. Today, Edward Jones… Source link

(Bloomberg) — Tesla Inc. shares touched a new all-time high on Monday, hitting that milestone for a third straight trading session. Most Read from Bloomberg It’s turning out to be a good day for the electric-vehicle maker, with research firm Jato Dynamics saying the company’s Model 3 was the top-selling vehicle in Europe last month, car-rental company Hertz Global Holdings Inc. reported to have placed an order for 100,000 Teslas and Morgan Stanley boosting its price target on the stock by… Source link

Google honors Claude Cahun with Monday’s Doodle.  Google … Source link

Stocks pulled back on Monday as investors awaited a slew of earnings results from the Big Tech companies, as well as a myriad of other corporations across industries this week.  The Dow edged lower, giving back some gains after the 30-stock index set an all-time closing high on Friday. The S&P 500 also ticked down after reaching a record intraday high last week. The Nasdaq dipped, though shares of Tesla (TSLA) rallied to an all-time high. U.S. West Texas intermediate (CL=F) crude oil prices… Source link

Cryptocurrency exchange Bakkt is partnering with Mastercard (MA) to offer crypto debit and credit cards, making it easier for consumers to pay using digital coins. Via Mastercard and Bakkt (), businesses and banks will be able to issue their own branded crypto debit and credit cards to consumers who want them. Holders can use bitcoin purchased through Bakkt with the card, or link to a fiat-based funding source, and receive bitcoin rewards. Bakkt’s stock, which publicly listed on the NYSE on… Source link

The logo of Russia’s state communications regulator, Roskomnadzor, is reflected in a laptop screen showing Google start page, in this picture illustration taken May 27, 2021. REUTERS/Maxim Shemetov/Illustration/File Photo MOSCOW, Oct 25 (Reuters) – U.S. tech giant Google has paid Russia more than 32 million roubles ($455,079) in fines for failing to delete content Moscow deems illegal, the company and a Russian lawmaker said after talks on Monday. Russia last week said it would seek to fine… Source link

Getty images The former Google CEO and his wife, Wendy, announce the winners of their nearly year-long global competition to find and fund teenagers committed to changing the world. It’s just the beginning. Aryan Sharma is a promising 16-year-old in India. He’s already founded a couple small companies, one focused on education and another aimed at helping working-class Indians find jobs, but he has bigger ideas for ways to merge artificial intelligence and medicine. The… Source link

Join us here for the Yahoo Finance All Markets Summit: The Path Forward on Monday, Oct. 25 from 9:00 a.m. – 5:00 p.m. ET. It will be an all-virtual event hosted live from the Nasdaq in New York’s Times Square and will connect Yahoo Finance’s audience with leaders and influencers in business, finance, cryptocurrencies, health care, public policy, social justice, philanthropy, climate change, and more.  Speakers will examine the new dynamics at work in an ever-changing and increasingly… Source link