Latest Workplace culture News

Accenture, KB Home rise; Snap, Jabil fall, Thursday, 6/20/2024

Jun. 20, 2024 16:20 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday: Accenture Plc., up $20.81 to $306.16. The consulting company raised part of its revenue forecast for the year. Snap Inc., down 41 cents to $15.39. ...

Snapchat Inc. to pay $15 million to settle discrimination and harassment lawsuit in California

Jun. 19, 2024 19:28 PM EDT

SAN FRANCISCO (AP) — Snapchat Inc. will pay $15 million to settle a lawsuit brought by California’s civil rights agency that claimed the company discriminated against female employees, failed to prevent workplace sexual harassment and retaliated against women who complained. The...

Biden to nominate Christy Goldsmith Romero as FDIC chair after abrupt departure of predecessor

Jun. 13, 2024 18:31 PM EDT

NEW YORK (AP) — President Joe Biden will nominate Christy Goldsmith Romero to replace Martin Gruenberg as head of the Federal Deposit Insurance Corporation. The announcement from the White House on Thursday came after Gruenberg’s tenure became marred by allegations of workplace...

Fired SpaceX employees sue the company for wrongfully terminating critics of CEO Elon Musk

Jun. 13, 2024 00:24 AM EDT

NEW YORK (AP) — Eight former employees sued SpaceX and its CEO Elon Musk, alleging that Musk ordered them fired after they challenged what they called rampant sexual harassment and a hostile “Animal House”-style work environment at the company. The employees, who filed suit in...

WeWork has emerged from bankruptcy. What's next for the co-working office space provider?

Jun. 12, 2024 17:03 PM EDT

NEW YORK (AP) — WeWork has officially emerged from bankruptcy. And all eyes are on whether its new leadership can guide the long-embattled provider of co-working office space to success. Once a Wall Street darling promising to revolutionize the world of work, WeWork took a stunning...

Editorial Roundup: New England

Jun. 07, 2024 07:11 AM EDT

Portland Press Herald. May 31, 2024. Editorial: Fearlessness of exactly the wrong kind from Sen. Susan Collins In attempting to undermine the judicial system and fanning the flames of anti-establishment rabble-rousing and worse, the senator has nailed her colors to...

Sweden's foremost opera and ballet theater fined $300,000 for 2023 fatal fall of stage technician

Jun. 07, 2024 05:54 AM EDT

COPENHAGEN, Denmark (AP) — Sweden’s national theater for opera and ballet, the Stockholm-based Royal Swedish Opera, has been fined 3 million kronor ($300,000) after a stage technician died last year when he fell around 13 meters (more than 40 feet) from a balcony as he was carrying out work...

Nashville to launch investigation into complaint alleging police lobbied to gut oversight panel

May. 31, 2024 14:14 PM EDT

NASHVILLE, Tenn. (AP) — Nashville Mayor Freddie O'Connell on Friday announced an independent investigation following a complaint alleging the police department actively lobbied to gut the city's community oversight board, as well as a number of other misconduct claims. The...

Boeing tells federal regulators how it plans to fix aircraft safety and quality problems

May. 30, 2024 19:52 PM EDT

Boeing officials explained their plan to improve manufacturing quality and safety during a three-hour meeting Thursday with federal officials, who will continue restrictions they placed on the company after one of its jetliners suffered a blowout of a fuselage panel in January. ...

Best Buy and Kohl's extends streak of quarterly sales slumps as Americans focus on the essentials

May. 30, 2024 12:09 PM EDT

NEW YORK (AP) — The earnings results from Best Buy and Kohl's, announced Thursday, offer the latest evidence of consumers' cautious spending amid a challenging economic environment. Best Buy, the nation's largest consumer electronics chain, reported another quarterly drop in sales...