Latest Corporate management News
Class action lawsuit on AI-related discrimination reaches final settlement
Mary Louis' excitement to move into an apartment in Massachusetts in the spring of 2021 turned to dismay when Louis, a Black woman, received an email saying that a “third-party service” had denied her tenancy. That third-party service included an algorithm designed to score...
As US ramps up nuclear power, fuel supplier plans to enrich more uranium domestically
OAK RIDGE, Tenn. (AP) — A supplier of fuel for nuclear power plants announced a $60 million expansion in Tennessee on Wednesday, promising to resume and grow its manufacturing of high-tech centrifuges there to enrich uranium at its facility in Ohio. The expansion by Centrus Energy...
Delta CEO says the Trump administration will reverse government 'overreach' seen under Biden
The chief executive of Delta Air Lines says the incoming Trump administration will be a “breath of fresh air” for airlines after what he calls government “overreach” under President Joe Biden. The airline industry has chafed under consumer-protection regulations imposed by...
NYPD gets a new top cop after months of turmoil. Jessica Tisch is the 2nd woman to lead the force
NEW YORK (AP) — Moving to stabilize an administration roiled by investigations, resignations and his own indictment, New York City Mayor Eric Adams on Wednesday appointed sanitation chief Jessica Tisch as police commissioner. A city government stalwart and ex-NYPD official, she'll be just the...
Trump picks Dr. Oz to run Medicare and Medicaid, Linda McMahon for Education, Lutnick for Commerce
WASHINGTON (AP) — President-elect Donald Trump on Tuesday tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump has promised to dismantle. He also selected Dr. Mehmet Oz, a former television talk show host...
The Associated Press says buyouts and some layoffs are ahead as it seeks to cut its workforce by 8%
The Associated Press said Monday that it would begin offering buyouts and lay off selected employees, part of a plan to reduce the news outlet's staff by about 8% and accelerate a transition to a digital-first organization. The move is part of what is expected to be a dispiriting...
CVS Health bulks its board up to 16 members, adds hedge fund CEO
CVS Health has added four new board members, including the CEO of a hedge fund that has been critical of the struggling health care giant. The company said Monday that it expanded its board to 16 members following “productive discussions” with shareholder Glenview Capital...
President of Kentucky plant that exploded says it is 'accountable' for neighborhood damages
LOUISVILLE, Ky. (AP) — The president of a Kentucky plant that exploded earlier this week said the company is accountable for the accident and will pay damages to residents affected by the blast. “First and foremost, we are devastated by the accident that happened on Tuesday,”...
Swiss chocolatier serves up Middle Eastern flavors as ‘Dubai chocolate’ craze hits Europe
AACHEN, Germany (AP) — Hundreds of curious shoppers, some equipped with camping stools and rain gear, lined up for hours on a drizzly Thursday in the western German city of Aachen. They weren't waiting for the latest phone or luxury handbag release: they were after a taste of a new chocolate bar....
Waymo's robotaxis now open to anyone who wants a driverless ride in Los Angeles
Waymo on Tuesday opened its robotaxi service to anyone who wants a ride around Los Angeles, marking another milestone in the evolution of self-driving car technology since the company began as a secret project at Google 15 years ago. The expansion comes eight months after Waymo began...
