E-commerce giant Amazon confirmed this week to CNBC that it would be ending wage increases and double overtime pay starting in June. The company will only be extending hourly wage increases and double overtime pay for warehouse workers until May 31st. It was in March that Amazon had said it would be raising the hourly … Continue reading “Amazon Will Be Ending This in June and Some May Be Very Unhappy”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
Biotech & Pharma
Crispr Therapeutics Explodes 15% After New Blood Disease Drug Gets Fast-Track
Shares of Crispr Therapeutics were on the rise since Monday, shooting up almost 15% after…
May 14, 2020
Energy & Solar
Bankruptcy May Be On the Table for Chesapeake Energy
Chesapeake Energy Corp. announced in a filing this week that bankruptcy is on the table…
May 14, 2020
Hot Stocks
Some Tesla Workers Are Being Forced to Work
According to a memo from Tesla HR to the company's employees, some workers may not…
May 14, 2020
Hot Stocks
Cisco Profit Heads Higher Despite Coronavirus Pandemic
Cisco Systems Inc. reported its third quarter financial results on Wednesday and shares went soaring…
May 14, 2020
Hot Stocks
Elon Musk Threatens to Move Tesla Out of State and Defies Orders by Restarting Factory
This past weekend very vocal chief executive Elon Musk tweeted that he would move his…
May 12, 2020
Biotech & Pharma
Mylan CEO Says Company Had “Minimal Disruption” During Coronavirus Pandemic
According to Mylan CEO Heather Bresch, the company's global supply chain has helped it experience…
May 12, 2020
Hot Stocks
Nvidia Hits a Record High After Buying Mellanox Technologies
Shares of Nvidia were soaring on Monday and even hit a record high as the…
May 12, 2020
Company News
AMC Shares Pop On Rumors of an Amazon Takeover
Shares of struggling AMC Entertainment were rising on Monday as rumors spread that e-commerce giant…
May 11, 2020
WeWork Directors are Working Hard to Be Able to Sue Softbank
A special committee of WeWork board members have filed a motion on Monday that would…
May 11, 2020
Company News
Boeing Has Plans to Resume Building its 737 Max This Month
According to the CEO of Boeing, the 737 Max plan is in "great shape" and…
May 11, 2020
Company News
Shares of Twilio Explode After Company Posts a Beat in Q1
Shares of communications software company Twilio were soaring on Wednesday in after-hours trading this week…
May 8, 2020
Hot Stocks
Facebook Will Let Most of its Employees Work From Home All Year
With the coronavirus pandemic still going on and many companies concerned about social distancing, Facebook…
May 8, 2020
Hot Stocks
Coronavirus Helps Peloton Shares Explode
With the coronavirus pandemic having more people staying indoors, sales of fitness equipment have been…
May 8, 2020