Former SpaceX employee alleges a "frat boy" culture at the company, where colleagues joked about being drunk while overseeing rocket launches and described pervasive casual sexism.
Firm Management
Paris Olympics Collaborates With Alibaba's Energy Expert to Reduce Venue's Carbon Emissions
The upcoming Paris Olympics will be using Alibaba’s AI-powered Energy Expert tool to reduce venue emissions, supporting both the Games' sustainability goals and Alibaba’s carbon neutrality targets.
Delta Airlines CEO Blames Fare Discounts for Missing Profit Expectations
Delta Air Lines CEO Ed Bastian calls fare discounting and other pressures a major contributor to missed financial expectations and a 5% drop in Delta's stock price.
Uniqlo’s Parent Company Projects 37.4% Quarterly Net Profit Gain
Fast Retailing, the Japanese owner of the clothing retailer Uniqlo, reported that it had a quarterly net profit of $720 million in its latest figures in May, an increase of 37.4% from the same period last year.
Californian Fast-Food Employees May Earn $20/Hour, But Franchisees Cut Work Hours
California franchisees are cutting employee hours and raising prices in response to a new law raising the minimum wage for fast food workers to $20 per hour, while workers see mixed impacts.
Latest News
Samsung Electronics could potentially be shaken up by workers, represented by the NSEU, going on a three-day strike in South Korea for better pay and conditions.
Major South Korean battery producer SK On is in crisis amid weak electric car sales of its clients in the US and Europe.
A major security incident at OpenAI raises significant concerns about the future security and vulnerability of AI companies to foreign infiltration.
Revolut prepares for a $500 million share sale, potentially valuing the company at over $40 billion, as plans to eventually go public go into motion.
Japan Airlines (JAL) and All Nippon Airways (ANA) have implemented strict guidelines to counter rising customer harassment, including sexual harassment, abusive language, physical assault, and indecent behavior.
Sony announced that it would phase out recordable disc development and production after cutting up to 250 jobs at its optical media unit in northeastern Japan.
The FTC’s rule to ban agreements commonly signed by workers not to join their employers’ rivals or launch competing businesses has been blocked by the US District Court.
A Delta Airlines flight from Detroit to Amsterdam made an emergency landing at JFK Airport on July 3, due to food contamination that sickened passengers.
Australia's McDonald's branches have cut breakfast hours to 10:30 AM due to an egg shortage caused by bird flu outbreaks, which has already euthanized about one million hens.
