Tag Archives: efforts

[unable to retrieve full-text content]After spending $1.5 billion, the centerpiece of Paris’s Olympic efforts may still be too filthy to use  Yahoo Sports Source link

A provision in President Biden’s new legislation aims to keep workers from cashing out their 401(k) when they move from one job to another, building on a similar effort launched last year by the private sector. The legislation paves the way for employer retirement plans to provide automatic portability services, so funds can be transferred seamlessly into a new employer plan unless the worker opts out. It also increases the limit for automatic rollovers from $5,000 to $7,000. That follows a… Source link

Take our debt, please! Struggling retailer Bed Bath & Beyond is coming up woefully short in a key debt exchange designed to give the company some much-needed financial breathing room. The company said Tuesday that it would extend its debt exchange offer to Dec. 19 from Dec. 5. The extension reflects limited appetite by debt-holders in the debt swap, according to data supplied by the retailer (right hand column in chart below). Such limited appetite likely reflects the concern among… Source link

Take our debt, please! Struggling retailer Bed Bath & Beyond is coming up woefully short in a key debt exchange designed to give the company some much-needed financial breathing room. The company said Tuesday that it would extend its debt exchange offer to Dec. 19 from Dec. 5. The extension reflects limited appetite by debt-holders in the debt swap, according to data supplied by the retailer (right hand column in chart below). Such limited appetite likely reflects the concern among… Source link

Early Friday morning, Binance CEO Changpeng Zhao said the company committed another $1 billion to its relief efforts aimed at helping troubled businesses in the crypto industry. Binance’s efforts have been accelerated in the wake of FTX’s collapse earlier this month, which resulted in the company, once valued at $32 billion, filing for bankruptcy protection and leaving the crypto industry frozen in its wake. Earlier this month, Binance walked away from a purported deal to buy FTX. Binance’s… Source link

By Mark Melchionna March 28, 2022 – Google has announced new artificial intelligence efforts, including tools that can help treat cardiovascular conditions and improve maternal health. At a Google Health event called The Check Up, the technology giant shared AI-focused research and development updates. Google previously created an AI system known as ARDA to support diabetic retinopathy screenings. The device screens 350 patients screened daily, bringing the total number screened via the… Source link

Google has agreed to settle a National Labor Relations Board case filed by six former and current employees who said the company had illegally fired or disciplined them because of their unionization efforts. As part of the settlement, which was agreed upon on Friday, the former and current Google employees also agreed to dismiss a related court case in California. The settlement terms are bound by a nondisclosure agreement, said Laurie M. Burgess, a lawyer representing the former and current… Source link

In 2019, a group of workers who had recently been fired from Google (GOOGL GOOGLE) filed unfair labor practice charges with the NLRB, claiming they had been fired for speaking out about the company’s practices, such as signing controversial government contracts, and for engaging in protected labor organizing. Google has maintained that the employees were let go for repeated violations of its policies. But in 2020, the NLRB filed a complaint alleging Google had violated labor laws with two of… Source link

KANSAS CITY, Mo. — Staff members who operate retail stores for Google Fiber internet in Kansas City, Missouri, have begun the formal process to form a union. This week, 10 of the 11 eligible employees filed a request to hold a union vote with the National Labor Relations Board. The group is organizing under the Alphabet Workers Union which formed one year ago under the Communications Workers of America. Alphabet owns Google. Eris Derickson works at the Google Fiber retail store near West… Source link

(Bloomberg) — As China Evergrande Group edges closer to a massive restructuring, Beijing has stepped up efforts to limit the fallout, signaling it’s willing to prop up healthy developers, homeowners and the real estate market at the expense of global bondholders. In the last week alone, Chinese authorities have dispatched top financial regulators to nudge the country’s massive banks to ease credit for homebuyers and support the property sector. They also bought out part of… Source link