Home / Business (page 59)

Business

Elon Musk’s X starts testing fee for new users

Elon Musk’s social media platform X has begun charging a $1 US fee to new users in the Philippines and New Zealand, in a test designed to cut down on the spam and fake accounts flourishing on the site formerly known as Twitter.  Philippines and New Zealand first regions to …

Read More »

LinkedIn lays off 668 people, about 3% of global workforce

LinkedIn said Monday it is laying off hundreds of employees amounting to about three per cent of the social media company’s workforce.  Move comes after 700 people lost their jobs at the company in May. LinkedIn said Monday it is laying off hundreds of employees amounting to about three per …

Read More »

Australia fines Musk’s X

SYDNEY: Australia’s internet safety watchdog on Monday fined Elon Musk’s X, saying the social media platform had failed to show how it is cracking down on child sexual abuse content. ESafety Commissioner Julie Inman Grant has slapped an AU$610,500 ($385,000) fine on the company formerly known as Twitter, criticizing its …

Read More »

Menopause costs Canada’s economy billions: report

Millions of Canadian women are coping with menopause, and advocates say they don’t have the support they need. A new report by the Menopause Foundation of Canada suggests missed work days, lower productivity and lost income cost $3.5B a year.  A growing movement is aiming to make workplaces more ‘menopause-inclusive.’ …

Read More »

80% of Unifor members vote in favour of new contract at GM

Canada’s largest private-sector union says workers at General Motors Co. have a new three-year collective agreement, with 80.5 per cent of them ratifying it in a vote held online and in person.  New 3-year deal includes increases to wages, pension and paid holidays. Canada’s largest private-sector union says workers at …

Read More »

U.S. pharmacy chain Rite Aid seeks bankruptcy protection

Major U.S. pharmacy chain Rite Aid said Sunday that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits.  Chain facing $30M in claims stemming from sales of opioids. Major U.S. pharmacy chain …

Read More »

Austria designer farm flourishes amid adversity

EGG, Austria: In idyllic western Austria, Ingo Metzler’s goat breeding farm with its striking light wood paneling and big glass facades sets itself apart, aiming to survive in a sector in crisis. “Architecture is a way of expressing our innovative approach and our values,” says Metzler, 58, who took over …

Read More »

Dutch venture thrives with Chinese partners

UTRECHT, Netherlands: In a dynamic collaboration for over two decades, Dutch entrepreneur Jacob Borgesius has teamed up with Chinese partners to elevate his Alp Lift, a company in its 30 years of operation specializing in providing height solutions to European clients. “There is a lot of innovation. There is flexibility. …

Read More »