Executives at bankrupt trucking company Yellow on Thursday rejected a billion-dollar offer from investors that could have revived much of the iconic trucking company’s network. When Yellow, founded in the 1920s, went out of business, it left 12,000 trucks, 35,000 trailers and 30,000 workers idle, which could form the basis for a new company. A … [Read more…]
News By Patrick Reilly Published December 9, 2023, 10:03 PM ET A California-based moving company that boasts of its young, athletic employees is being sued by the federal government for age discrimination. The Equal Employment Opportunity Commission filed a lawsuit against Meathead Movers for violating age discrimination law by not hiring enough older workers, the … [Read more…]
London CNN – Tui, one of the world’s largest tour operators, is considering whether to leave the London Stock Exchange, which would be a further blow to the city’s reputation as a global financial center. The German company, which is listed in both London and Frankfurt, said in a statement on Wednesday that it had … [Read more…]
With the arrival of December comes office parties. Recently, Quebec’s labor minister recalled that Christmas parties can create an environment conducive to harassment, sexual or otherwise. Unfortunately, harassment is not just limited to the holidays. • Also read: Intimidation on construction sites: 79% of workers do not report it Each of us generally has our … [Read more…]
Browns owner Jimmy Haslam has a Warren Buffet problem. Via the Associated Press, Buffet’s Berkshire Hathaway has accused Haslam of trying to bribe several executives at Pilot, the truck stop chain founded by Haslam’s father. Berkshire Hathaway claims Haslam wanted executives to drive up the company’s profits. The dispute stems from a sale of Pilot … [Read more…]
The Caisse de dépôt etplacement du Québec (CDPQ) is investing in Solotech, a company partly owned by wealthy businessman Stephen Bronfman. • Also read: Solotech is expanding into the USA • Also read: CDPQ Infra-Analysis for Quebec’s Transportation Network: No public consultations planned within 6 months • Also read: Battery sector: “It is certain that … [Read more…]
The government of Panama assured on Sunday that it was ready to “defend” the country’s interests after Canadian mining group FQM informed it that it would resort to international arbitration if the contract between them was declared unconstitutional. • Also read: An American filmed himself shooting two protesters in Panama • Also read: Panama: Protest … [Read more…]
The startup Spaceborn United is working on reproduction and possible births in the partial gravity environment on Mars. A first launch with mouse cells is planned for the end of next year, before a launch with the aim of producing a human embryo in “five or six years”. Making babies in space. The idea may … [Read more…]
CNN – OpenAI, the company behind the viral chatbot ChatGPT, fired its CEO and founder Sam Altman on Friday. His surprise departure sent shockwaves through the emerging AI industry. The company said in a statement that an internal investigation found that Altman was not always honest with the board. “Mr. “Altman’s departure follows an advisory … [Read more…]
Microsoft has developed its own custom AI chip that can train large language models and potentially avoid a costly dependency on Nvidia. Microsoft has also developed its own Arm-based processor for cloud workloads. The two custom-made silicon chips are intended to power Azure data centers and prepare the company and its enterprise customers for a … [Read more…]