Latest Workplace culture News
US Silica agrees to go private in $1.85 billion acquisition by Apollo Global
NEW YORK (AP) — U.S. Silica has agreed to go private in an all-cash acquisition by Apollo Global Management that values the industrial minerals company at about $1.85 billion. In a Friday announcement, U.S. Silica said that shareholders would receive $15.50 in cash for each share...
Civeo: Q1 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Civeo Corp. (CVEO) on Friday reported a loss of $5.1 million in its first quarter. The Houston-based company said it had a loss of 35 cents per share. Losses, adjusted for one-time gains and costs, came to 26 cents per share. The...
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Microsoft on Thursday said its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productive. The company reported quarterly net income of $21.93 billion, or $2.94 per share,...
New Jersey is motivating telecommuters to appeal their New York tax bills. Connecticut may be next
HARTFORD, Conn. (AP) — Telecommuting, a pandemic-era novelty that has become a permanent alternative for many people, has some Connecticut and New Jersey employees of New York-based companies questioning why they still have to pay personal income tax to the Empire State. Their home...
Lawmakers criticize CIA's handling of sexual misconduct but offer few specifics
WASHINGTON (AP) — A congressional committee Monday criticized the CIA's handling of sexual misconduct allegations in its ranks, saying victims have been deterred from coming forward and were aware of “little to no accountability or punishment for the perpetrators of the assaults or...
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
Pregnant employees have the right to a wide range of accommodations under new federal regulations for enforcing the Pregnant Workers Fairness Act that supporters say could change workplace culture for millions of people. The Equal Employment Opportunity Commission, the agency in...
National Guard delays Alaska staffing changes that threatened national security, civilian rescues
ANCHORAGE, Alaska (AP) — The Air National Guard has delayed its plan to downgrade the status of about 80 members of its Alaska unit, a move that would have threatened national security and civilian rescues in the nation’s most remote state. The Alaska Air National Guard confirmed...
Convenience store chain with hundreds of outlets in 6 states hit with discrimination lawsuit
The Sheetz convenience store chain has been hit with a lawsuit by federal officials who allege the company discriminated against minority job applicants. Sheetz Inc., which operates more than 700 stores in six states, discriminated against Black, Native American and multiracial job...
Nokia sees double-digit fall in January-March sales as weak market for 5G technology prevails
HELSINKI (AP) — Wireless and fixed-network equipment maker Nokia on Thursday reported a smaller-than-expected profit and a double-digit fall in sales in the first quarter due to a market weakened by a lack of clients investing in 5G technology. The Espoo, Finland-based company...
Jill Biden says an agreement to let federal employee military spouses work from overseas is overdue
WASHINGTON (AP) — Jill Biden said Wednesday that allowing federal employees who are military spouses to work from overseas is a “national security imperative” that is long overdue. The first lady spoke at a White House ceremony she hosted with Deputy Defense Secretary Kathleen...
