Recently, Tesla, the electric vehicle giant, announced a significant restructuring that involved cutting around 600 employees across its manufacturing facilities and engineering offices in the Fremont and Palo Alto areas of California. These layoffs were not limited to specific roles but affected employees at all levels, from entry-level positions to directors. The company cited weakening
United Airlines recently faced heightened scrutiny from the Federal Aviation Administration (FAA) following a series of safety incidents. This scrutiny prevented the airline from launching new routes, impacting its plans for the summer travel season. The FAA’s increased oversight was a response to safety concerns raised after incidents involving United Airlines aircraft earlier this year.
In a shocking turn of events, political operatives connected to Rep. Henry Cuellar, D-Texas, have agreed to plead guilty and cooperate with the Justice Department’s bribery case against Cuellar. The court documents unsealed this week reveal that Mina Colin Strother, Cuellar’s former campaign manager and chief of staff, along with Florencio “Lencho” Rendon, a Texas
Tesla’s alleged efforts to prevent unionization among its workers in Buffalo, New York have come under fire. The National Labor Relations Board filed a complaint accusing Tesla of creating an acceptable use policy for workplace technology that effectively discouraged employees from organizing or engaging in concerted activities to form a union. The policy in question
AB InBev, the world’s largest brewer, saw a 2.6% revenue increase year-on-year, reaching $14.55 billion in the first quarter. This increase was despite a 0.6% drop in volumes sold. Additionally, underlying profit attributable to shareholders rose to $1.5 billion, surpassing analyst estimates. The company’s performance in the first quarter was deemed impressive, especially considering the