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Gopuff tech chief is out after felony charges
Sreekant Sreenivasan Kotay, a prominent software executive in Philadelphia, is out as chief technology officer of Gopuff, the Philadelphia-based home-delivery company, following his arraignment last month on felony charges of methamphetamine possession with intent to distribute and cocaine possession, and a domestic-violence misdemeanor.
“...Read more
WA residents overwhelmingly support taxes on the wealthy, poll shows
Washington residents don’t mind taxing the ultra wealthy, according to a new statewide poll.
State lawmakers introduced Senate Bill 5486 last year, which would create a tailored property tax on financial assets collectively valued over $250 million.
The legislation hasn’t made it past the Senate Ways and Means Committee. Any assets under ...Read more
Boeing Machinists appear split on offer to end strike as they cast ballots
Boeing Machinists will vote Wednesday on whether to accept the latest contract offer and end their month-old strike or to reject it and stay out.
On a day when Boeing has announced another staggering quarterly loss in excess of $6 billion, the planemaker’s financial fate and potential layoffs across the aerospace industry hang in the balance....Read more
Trump can tap the brakes on the EV revolution, but not stop it
Tim Echols is a bona fide a conservative. The Georgia public service commissioner is an ordained evangelical minister, is solidly against abortion and founded a nonprofit to help teens understand the political process and “defend their Christian faith.”
But there’s one place where he’s a little out of step with his political colleagues...Read more
Denny's to close 150 restaurants as restaurant chains continue to struggle
The ubiquitous and popular diner chain Denny's will close 150 locations by the end of next year amid declining revenue and changing consumer habits, the company announced Tuesday.
Known for 24/7 service and a wide selection of menu items, the company behind the 71-year-old restaurant reported lower-than-expected earnings for the third quarter ...Read more
WHYY workers get better wages and protections against AI in new contract
Workers at WHYY, Philadelphia’s public media organization, have ratified a new three-year contract with improved benefits and wages.
The group of roughly 80 unionized workers is represented by SAG-AFTRA, a union with about 160,000 members in entertainment and media, which includes actors, journalists, editors, puppeteers, and other ...Read more
GM's Q3 results outpace expectations, automaker ups yearly guidance for third time
On the back of strong internal combustion engine sales and pricing in North America, General Motors Co. beat Wall Street earnings expectations on Tuesday with third-quarter net income of $3.056 billion, down just 0.3% year over year, on revenue of $48.757 billion, up 10.5%.
GM's incentive spend in the quarter as a percentage of the average ...Read more
McDonald's Quarter Pounders linked to E. coli outbreak in Western states
The Centers for Disease control is investigating an E. coli outbreak in McDonald’s Quarter Pounder hamburgers sold in 10 states.
At least 49 people have been sickened as of Tuesday, Oct. 22, apparently after eating the quarter-pounders. A map provided by the CDC shows most of the cases are in Colorado, Utah, Wyoming and Nebraska. There have ...Read more
CVS shows women are hired to do impossible jobs
As recently as last year, pharmacy chains were a bright spot for female leaders — one of the few sectors in corporate America where women could make it to the very top. Rosalind Brewer was CEO of Walgreens Boots Alliance Inc. and, at the time of her appointment, the only Black woman leading a Fortune 500 company. Karen Lynch was running CVS ...Read more
Georgia teachers don't recommend career in education, survey says
The latest survey results are in: Many Georgia educators need second jobs, they’re struggling without support staff in schools and most wouldn’t recommend someone go into the profession.
Almost 3,700 educators in 169 of Georgia’s school districts responded to an online survey by the Professional Association of Georgia Educators. The ...Read more
US banks brace for open banking era of consumer data sharing
U.S. banks will now have to give customers access to their financial data after the top consumer watchdog finalized a long-awaited rule aimed at fueling more competition for financial products and services.
Under the Consumer Financial Protection Bureau’s open banking measure, consumers will be able to demand, download and transfer their ...Read more
Hollywood veterans get brutally honest about mentoring next generation amid industry turmoil
This spring, applicants vying for a spot in the Art Directors Guild’s Production Design Initiative — a program that offers mentorship and on-the-job training to future production designers and art directors — received a troubling email.
The message from the initiative’s leadership team said that, “due to historic and unprecedented ...Read more
Back-to-office orders have become common. Enforcement not so much
Since Cynthia Clemons' employer announced last month that she was required to be in the office two days each week, the switch from remote work hasn't been smooth.
The self-described extrovert, who works as an organizer for the nonprofit Abundant Housing LA, said she so far hasn't "gotten into a rhythm of being productive at a desk again."
"I ...Read more
As Trump threatens mass deportations, some rural areas that back him rely heavily on immigrant labor
COCHRANE, Wisconsin — Dozens of calves groaned as Hermenegildo, a young Mexican farmworker, wheeled out a cart with bottles of milk. He attached the bottles to the wood pen of each calf, walking up and down the row as the animals guzzled the milk in minutes. The 600 cows on the dairy farm produce 5,000 gallons a day, which are trucked for ...Read more
America's most famous inflation gauge is easing -- but some of your biggest expenses are left out
Price pressures have eased substantially over the past two years, but a disconnect remains between what US inflation data show and what millions of Americans experience with their finances.
That’s in part because price levels are still higher than they were before the pandemic. Another explanation: the government’s key inflation measure ...Read more
Rocket Mortgage accused of discriminating against Black homeowner who sought to refinance
Federal prosecutors accuse lender Rocket Mortgage of discrimination after an appraiser allegedly undervalued a Black woman's home, despite rising property values in her neighborhood.
Francesca Cheroutes sought to refinance the mortgage on her Denver property in January 2021, the complaint said.
Rocket also is accused of retaliating against ...Read more
Optimism meets skepticism at Quantum Summit in Chicago
Pioneers of quantum computing shared their dreams and skepticism about the fledgling industry Monday, while Gov. JB Pritzker said he thinks it’s already attracting companies to Illinois.
Industry leaders foresee momentous changes growing out of quantum computing, tempered with the realization it’s a challenge to make money in the industry ...Read more
Kaiser mental health professionals in Southern California go on strike
Psychologists, therapists and other mental health professionals who work for Kaiser Permanente across Southern California went on strike Monday morning, protesting that the healthcare organization had failed to address enduring problems that hamper its mental health care.
The National Union of Healthcare Workers said that nearly 2,400 mental ...Read more
A quarter of all working women are leaving free money on the table that could set back their retirement
A larger share of women than men aren’t saving for their future selves and could be losing out on hundreds of thousands of dollars over their lifetime as a result.
More than a quarter of women (26%) working full-time, part-time or looking for employment didn’t contribute to their retirement savings between August 2023 and 2024, compared to ...Read more
UAW members diverge over presidential election as union rallies for Harris
WARREN, Michigan — The United Auto Workers has held rallies, solicited door-to-door canvassers and brought on members to make calls to support the candidates it's endorsed this election — topped by Democratic nominee Kamala Harris for president. But some are less than enthused.
"They won't say it in public that they're voting for Trump this...Read more
Popular Stories
- Rocket Mortgage accused of discriminating against Black homeowner who sought to refinance
- Amazon exec says return-to-office opponents can find 'other companies'
- CVS shows women are hired to do impossible jobs
- Optimism meets skepticism at Quantum Summit in Chicago
- Denny's to close 150 restaurants as restaurant chains continue to struggle