The FTC has voted in favor of a nationwide ban against noncompete agreements. The Federal Trade Commission (FTC) voted 3-2 on Tuesday to ban noncompete agreements, which companies use to prevent employees from working with competitors within the same industry.
Industry
Hugo Boss Is Finally Leaving Russia After the German Fashion House Agrees to Sell Russian Business to Stockmann
German fashion house Hugo Boss announced Wednesday that it had agreed to sell its Russian operations to wholesale partner Stockmann, marking the end of its presence in Russia.
Amazon Top Aggregator Thrasio Loses CEO, 5 Other Senior Execs Following Bankruptcy Filing
Thrasio, a major aggregator of Amazon third-party sellers, is undergoing drastic leadership changes.
China Space Tourism: Tiangong Space Station Could Soon Host Tourists!
China's space tourism could soon happen as the government considers allowing the Tiangong space station to host tourists.
Stellantis Plans to Lay Off Unspecified Number of Workers at US Factories in Coming Months
Stellantis plans to lay off an unspecified number of employees at its American plants in the coming months.
Latest News
The facility was officially opened on Tuesday with a ribbon-cutting ceremony attended by Amazon officials and local leaders.
Apple has confirmed that it will host a highly anticipated event on May 7th, where it is expected to unveil updated versions of its popular iPad Pro and iPad Air models.
IBM is currently in negotiations to acquire HashiCorp, a prominent cloud software provider. The news sparked a 24% surge in HashiCorp's stock, pushing its market value to $6.1 billion.
The Federal Trade Commission (FTC) has taken legal action to block Tapestry's $8.5 billion acquisition of Capri Holdings Limited, the parent company of Michael Kors.
Biden's $7B grants are set to create 200,000 jobs and save households $400 yearly on energy costs.
The dystopian thriller, directed by Alex Garland and starring Kirsten Dunst, brought in $11.1 million in ticket sales across 3,929 theaters in its second week.
Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States.
A store known for selling items found in lost luggage at discounted rates has gained global attention for its unique offerings, which include luxury items like Rolex watches and Louis Vuitton bags.
The planned visit, initially set for the upcoming week, was eagerly awaited and anticipated to involve vital talks concerning Tesla's entry into the Indian market.
