WASHINGTON — The Supreme Court on Wednesday threw out claims that the Biden administration unlawfully coerced social media companies into removing contentious content. In reaching its conclusion, the court overturned an injunction that would have limited contacts between government officials and social media companies on a wide range of issues if allowed to go into […]
Tag: companies
Plastics companies may have broken US laws in blocking mitigation efforts – study
Companies have spent decades obstructing efforts to take on the plastics crisis, potentially breaching a host of US laws, a new report argues. The research from the Center for International Environmental Law (CIEL) details the widespread burdens that plastic pollution places on US cities and states, and argues that plastic producers may be breaking public-nuisance, […]
European banks leaving Russia would hurt Western and Russian companies, Kremlin says
MOSCOW (Reuters) -European banks leaving Russia would damage both Western and Russian companies, Kremlin spokesman Dmitry Peskov said on Tuesday, pointing to the many Western businesses that still operate and use banking services in Russia. With most major Russian banks under Western sanctions over Russia’s February 2022 full-scale invasion of Ukraine, foreign banks including Austria’s […]
An $18 Big Mac sparked a revolt against high prices. Companies are finally listening
Only these two companies have submitted bids to demolish the westbound Washington Bridge
PROVIDENCE – Only two firms have submitted bids to demolish the westbound span of the Washington Bridge: Aetna Bridge Co. and the Connecticut-based Manafort Brothers. If all goes according to plan, a “tentative award” will be made to one of the two companies Friday. Aetna already connected to the Washington Bridge Aetna is a familiar […]
Companies that give money to Democrats are beating Republican donors in the stock market
Speaker of the House Nancy Pelosi (D-CA) holds her weekly press conference at the U.S. Capitol on August 25, 2021.Kevin Dietsch/Getty Images The DEMZ and MAGA ETFs offer investors a way to express their political beliefs via their investments. DEMZ includes firms that mostly donate to Democratic campaigns, while MAGA buys Republican-aligned companies. DEMZ has […]
Dell, Super Micro stocks rise after Musk says companies will supply hardware for xAI
Shares of Dell (DELL) and Super Micro Computer (SMCI) popped Thursday after xAI Founder Elon Musk said the companies are providing hardware for the supercomputer his AI startup is building. The moves higher underscore Wall Street’s excitement around AI technology. Investors are clamoring to buy into AI businesses at every level of development, from major […]
Denmark Lures Lego, Family-Owned Companies to Stay With Tax Cuts
(Bloomberg) — Denmark’s government wants to cut taxes and ease rules for family-owned companies as it seeks to ensure that national treasures such as Lego A/S stay in the Nordic country. Most Read from Bloomberg The 1.8 billion-krone ($260 million) plan aims to prevent that companies going through generational change are bought by foreign investors […]
Thousands in Southwestern Pa. could be in dark through the weekend, utility companies say
Jun. 19—More than 9,000 area utility customers remained without power Wednesday morning, as crews continued to repair damage from storms that swept through the region Monday evening. Duquesne Light estimated that all its affected customers could have power restored by 1 p.m. on Sunday, with many expected to be restored sooner. But, according to a […]
Chinese car companies want retaliatory tariffs on EU cars – reports
Chinese automakers have reportedly urged Beijing to hike tariffs on petrol engine cars imported from the EU, according to a Chinese newspaper report. The move would be in response to new planned EU import tariffs applying to Chinese made electric vehicles – which a Brussels probe has concluded benefit from anti-competitive subsidies. A response by […]
Four years after George Floyd’s death, are Detroit companies meeting DEI promises?
Four years ago, George Floyd, a Black man, was killed by police, sparking nationwide protests and prompting leaders of large corporations, including nine in Michigan, to pledge donations and create initiatives aimed at addressing racial disparities. A few weeks after Floyd’s death, those nine executives representing some of the biggest companies in metro Detroit joined […]
More companies want you to keep your 401(k) with them after you retire. Should you?
Companies are responding to an aging workforce and scars from the past three years of elevated inflation by changing up options in their retirement plans, according to surveys by global asset manager MFS Investment. Six of 10 retirement savers said they’re worried inflation could affect their savings, while 61% of the more than 4,000 plan […]