Executives are caught between their fear of reprisals and employees’ reliance on employer-provided health care. Decision to overturn Roe v. Wade was leaked to Politico in April, giving firms ample time to prepare. Firms including Bank of America have labelled the topic of abortion “fraught” or “tough”. The Supreme Court’s revocation of the constitutional right … Read more
PARIS: The world’s 10 wealthiest men doubled their fortunes during the first two years of the coronavirus pandemic as poverty and inequality soared, a report said. Oxfam said the men’s wealth jumped from $700 billion to $1.5 trillion, at an average rate of $1.3 billion per day, in a briefing published before a virtual mini-summit … Read more
While Wall Street continued to ogle Tesla´s skyrocketing valuation Wednesday, shares of Ford and General Motors (GM) were under pressure after reporting fourth-quarter losses. Ford also closed plants in Europe and South America and GM has struggled to completely shake the effects of a 40-day strike last year that effectively shut down its US operation. … Read more
Wall Street stocks jumped gaining for a second straight session as fears eased over an economic hit from the coronavirus outbreak in China. Major US indices rose more than one percent, with analysts citing economic hit measures for cushioning the blow in that country. As well as the extremely limited spread of the ailment so … Read more
