Tag Archives: mounts

Google workers in Switzerland sent a letter this month to the company’s vice president of human resources, outlining their worries that a new employee evaluation system could be used to cull the work force. “The number and spread of reports that reached us indicates that at least some managers were aggressively pressured to apply a quota” on a process that could lead to employees getting negative ratings and potentially losing their jobs, five workers and employee representatives wrote… Source link

A group of progressive MEPs are preparing to question the European Commission on why Russia’s largest technology company has been excluded from the sanctions list so far, while Baltic states are planning to raise the point in the Council discussions. Yandex is the second largest search engine in Russia regarding market share and provides several online services, including advertising, mobility apps and navigation. The company also offers ride-hailing services in several EU… Source link

As the U.S. and other Western powers line up to impose sanctions on Russia for its armed incursion into Ukraine, the looming economic penalties are likely to squeeze the energy giant’s economy. However, there are questions about whether the booming cryptocurrency sector could allow oligarchs close to Russian President Vladimir Putin to skirt the effort to put the financial squeeze on Moscow, thanks to the anonymity and decentralization of digital tokens. According to Capital Economics,… Source link

(Bloomberg) — Cathie Wood’s miserable month continued on Tuesday, as her flagship exchange-traded fund extended declines and its assets dropped below $20 billion to the lowest since January. The Ark Innovation ETF (ticker ARKK) slid 1% as of 9:47 a.m. in New York. Caught in a broad tech selloff, the product has fallen for nine of the past 10 sessions, a retreat that accelerated on Monday in the biggest slide in about seven weeks. Tesla Inc., the fund’s biggest holding, was down 3.5% on… Source link

A bankruptcy attorney specializing in student loan debt is running as a Democrat for a New York House seat that is currently held by a staunch Trump ally. Austin Smith, in his first bid for public office, launched a campaign for the 2022 House office currently held by Rep. Lee Zeldin (R-NY) in the 1st congressional district of New York, representing eastern Long Island. “I’m a bit old fashioned and for all my rabble-rousing in my legal career to date, I am skeptical of utopias and weary of… Source link

TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ We’ll talk about dividend stocks, but we’ll get there through tax policy. The connection is simple: Government spending is going up, as exemplified by the $1.9 trillion COVID stimulus bill passed this month. Stimulative cash infusions into the economy are likely to boost consumer spending, and there are worries that the Biden Administration has no plans to pay for its increased spending. Several tax proposals made… Source link