Walmart is facing a lawsuit by the U.S. Equal Employment Opportunity Commission (EEOC) for terminating the employment of an employee in North Carolina who had Crohn’s disease, following allegations that the company declined to provide her with leave related to her disability. According to a complaint filed in federal court ...
Read More »Disney CEO Bob Iger announces layoffs to begin this week in a memo
In a memo sent by CEO Bob Iger, Disney has announced that it will initiate layoffs this week, marking the beginning of three rounds of job cuts that will result in approximately 7,000 job losses before summer. The decision to lay off employees is part of a larger plan to ...
Read More »Succession Season 4 premiere sets the stage for a tumultuous power struggle within the Roy family
The season premiere of “Succession” saw a lot of action as the two-time Emmy-winning HBO show began its final flight of episodes, highlighting the ongoing conflict within the Roy family. The power struggle between media tycoon Logan Roy (Brian Cox) and three of his four children – Kendall (Jeremy Strong), ...
Read More »IMF Warns of Increased Risks to Financial Stability and Calls for Vigilance
On Sunday, the head of the International Monetary Fund, Kristalina Georgieva, stated that although actions taken by advanced economies have calmed market stress, risks to financial stability have still increased, and therefore called for ongoing vigilance. The managing director of the International Monetary Fund restated her belief that 2023 will ...
Read More »Walmart Cuts Hundreds of Jobs at E-Commerce Fulfillment Centers
Walmart, the largest private employer in the United States, is cutting hundreds of jobs at its e-commerce facilities nationwide, joining other retailers in preparing for a challenging year ahead. As retailers anticipate flat or decreasing sales, Walmart is reducing its workforce. This is due to the impact of inflation and ...
Read More »A potential ban on TikTok is complicated by the app’s immense popularity in U.S.
With its immense popularity, TikTok has become the most widely used smartphone application in the United States, making the U.S. government’s proposed ban on the app a daunting task. The challenge faced by lawmakers is to convince the millions of individuals and businesses that rely on the app that the ...
Read More »How market research report helps business organizations
Market research reports can be incredibly useful for business owners in several ways. Here are a few examples: Identifying new opportunities: Market research reports can help business owners identify new market opportunities or emerging trends that they may not have otherwise been aware of. This can help businesses stay ahead ...
Read More »Iran’s Live TV channel hacked for few minutes: Iran Hijab Protest 2022
Iran – The anti-hijab protests that began in Iran on 16 September are continuing unabated. A news bulletin on a government TV channel was hacked by protesters on Saturday night. During this, the face wearing a mask appeared on the screen. After this, the face of Supreme Leader Ayatollah Ali ...
Read More »OPEC Plus to reduce the oil production
The Organization of the Oil Producing Countries OPEC Plus last week decided to cut production by 2 million barrels per day. America was opposed to this decision. The move is believed to be creating a gap between the Biden administration and the Saudi royal family. While both have been each other’s trusted allies. ...
Read More »Nepal President refuses to approve citizenship bill
Nepal’s President Bidya Devi Bhandari has refused to assent to the Citizenship Bill. The bill was re-passed by both the houses of Parliament and sent for the assent of the President. After which the chances of a deepening constitutional crisis in the country have increased. According to the constitution, if ...
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