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Amazon beats claim that warehouse quotas are biased against older workers

Amazon beats claim that warehouse quotas are biased against older workers

by Reuters | Jan 28, 2023 | Uncategorized

By Daniel Wiessner (Reuters) -Amazon.com Inc on Friday won its bid to dismiss a proposed class action claiming its strict production quotas for warehouse workers discriminate against older employees. U.S. Magistrate Judge Kandis Westmore in Oakland said the 2021...
Jet fuel prices up as demand jumps, refinery outages limit supply

Jet fuel prices up as demand jumps, refinery outages limit supply

by Reuters | Jan 27, 2023 | Uncategorized

By Shariq Khan, Laura Sanicola and Seher Dareen (Reuters) – Jet fuel prices have risen to levels never recorded in January as demand from China’s lifting of COVID-19 travel restrictions and U.S. refinery outages, with the surge likely to continue, analysts...
U.S. says it ‘hacked the hackers’ to bring down ransomware gang, helping 300 victims

U.S. says it ‘hacked the hackers’ to bring down ransomware gang, helping 300 victims

by Reuters | Jan 26, 2023 | Uncategorized

By Sarah N. Lynch and Raphael Satter WASHINGTON (Reuters) -The FBI on Thursday revealed it had secretly hacked and disrupted a prolific ransomware gang called Hive, a maneuver that allowed the bureau to thwart the group from collecting more than $130 million in...
Southwest Airlines warns of quarterly loss after holiday meltdown

Southwest Airlines warns of quarterly loss after holiday meltdown

by Reuters | Jan 26, 2023 | Uncategorized

By Rajesh Kumar Singh and Kannaki Deka (Reuters) -Southwest Airlines Co on Thursday warned of a loss in the current quarter as passengers shunned the carrier in the immediate aftermath of an operational meltdown that forced it to scrap thousands of flights between...
Stocks slide as corporate results spur recession fears

Stocks slide as corporate results spur recession fears

by Reuters | Jan 25, 2023 | Uncategorized

By Herbert Lash NEW YORK (Reuters) -Global equity markets skidded on Wednesday as poor corporate results fueled recession fears, as did the ongoing inversion of short- and long-dated Treasury yields – a harbinger of economic downturns. But the main indexes on...
Musk explores raising $3 billion to pay off Twitter debt – WSJ

Musk explores raising $3 billion to pay off Twitter debt – WSJ

by Reuters | Jan 25, 2023 | Uncategorized

(Reuters) -Elon Musk’s team has been exploring using as much as $3 billion in new fundraising to help repay some of the $13 billion in debt tacked onto Twitter Inc for his buyout of the company, the Wall Street Journal reported on Wednesday, citing people...
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  • Southwest Airlines warns of quarterly loss after holiday meltdown

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