Target announced that it will expand childcare benefits and family leave for 350,000 employees at its stores, warehouses, and headquarters office—regardless of whether they are full-time or part-time, salaried or hourly. Starting June 30, Target’s new paid family leave policy will offer workers up to four weeks of paid time off to care for a […]
European shares followed Asian stocks higher on Monday after the United States shelved plans to impose tariffs on Mexico and as investors anticipated lower U.S. interest rates when the Federal Reserve meets next week on the back of poor jobs data. Investors had fretted that opening up another trade conflict, while still battling with China, […]
Fiat Chrysler Automobiles NV and Renault SA are looking for ways to resuscitate their collapsed merger plan and secure the approval of the French carmaker’s alliance partner Nissan Motor Co Ltd , according to several sources close to the companies. Nissan is poised to urge Renault to significantly reduce its 43.4% stake in the Japanese […]
Some of the world’s biggest tech companies have told their employees to stop talking about technology and technical standards with counterparts at Huawei Technologies Co Ltd in response to the recent U.S. blacklisting of the Chinese tech firm, according to people familiar with the matter. Chipmakers Intel Corp and Qualcomm Inc, mobile research firm InterDigital […]
The location of an ancient impact crater made by the biggest asteroid ever to hit Britain has been traced to a spot under the sea between mainland Scotland and the Outer Hebrides. Researchers at Oxford and Aberdeen universities found signs of the violent collision in Scotland on a field trip in 2008, but have only […]
“For all of the money we are spending, NASA should NOT be talking about going to the Moon — We did that 50 years ago,” Trump tweeted on his return from Ireland. “They should be focused on the much bigger things we are doing, including Mars (of which the Moon is a part), Defense and […]
The famed Four Seasons Restaurant in New York, which for decades was a go-to spot for power brokers to hobnob over lunch, will shut its doors on Tuesday. The 60-year-old upscale dining spot hasn’t been able to hold onto its clientele, Four Seasons managing partner Alex von Bidder told CNN Business on Saturday, and its […]
Raytheon and United Technologies are in talks to merge in an all-stock deal, according to the Wall Street Journal. Raytheon Missile Systems, a subsidiary of the international aerospace and defense company, is one of southern Arizona’s largest employers. The deal would not affect United’s planned spinoffs of its Otis elevator and Carrier building systems operations, […]
Chinese government officials summoned representatives from major tech companies both from the U.S. and elsewhere this week to warn them of “dire consequences” if they go along with the Trump administration’s prohibition on sales of certain U.S. technology to a number of Chinese companies, the New York Times reported on Saturday, citing two “people familiar […]
FedEx will no longer provide express delivery for Amazon packages in the U.S., as the e-commerce giant continues to expand its own in-house delivery network. FedEx announced on Friday that it decided not to renew its express U.S. shipping contract with Amazon. The company said in a statement that it was a “strategic decision” and […]
Somebody in California just added half a billion dollars to their bank account. A single ticket, sold in San Diego, claimed Friday night’s $530 million Mega Millions jackpot. That comes with a cash option payout of $345.2 million, according to contest officials. The numbers were 17-19-27-40-68 with a Mega Ball of 2. The winning ticket […]
Whenever scientists announce an upcoming close encounter with an asteroid, certain corners of the internet light up like the synaptic rush that accompanies a meth binge, with panicky headlines shouted straight from the brain stem. But never mind that. We’re not that corner of the internet. We’re sober, yo! The fact of the matter is, […]
