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UK Retailer Tesco Loses Legal Battle Over ‘Fire and Rehire’ of Staff
Tesco was not entitled to terminate some employees’ contracts and offer to rehire them on less favorable terms, the United Kingdom’s Supreme Court ruled on Thursday. Shopworkers’ union Usdaw took legal action against Britain’s biggest retailer after Tesco sought to …
POSTED SEPTEMBER 13, 2024 7:22 AM |
A Continent Ablaze: South America Surpasses Record for Fires
South America is being ravaged by fire from Brazil’s Amazon rainforest through the world’s largest wetlands to dry forests in Bolivia, breaking a previous record for the number of blazes seen in a year up to Sept. 11. Satellite data …
POSTED SEPTEMBER 13, 2024 6:56 AM |
As Storm Bebinca Approaches, Taiwan Uses AI to Predict Typhoon Paths
As tropical storm Bebinca barrels towards waters off northern Taiwan gathering strength into a possible typhoon, weather forecasters in Taipei are using a new and so far successful method to help track its path – artificial intelligence (AI). AI-generated forecasts, …
POSTED SEPTEMBER 13, 2024 6:32 AM |
OpenAI, Nvidia Executives Discuss AI Infrastructure Needs With Biden Officials
OpenAI Chief Executive Officer Sam Altman and Nvidia Corp. CEO Jensen Huang met with senior Biden administration officials and other industry leaders at the White House on Thursday to discuss how to fill the massive infrastructure needs for artificial intelligence …
POSTED SEPTEMBER 13, 2024 5:16 AM |
Venture Capital Fund Ends Grant Program for Black Women After Lawsuit
An Atlanta-based venture capital fund on Wednesday agreed to stop operating a program that awarded grants to small businesses run by Black women to settle a lawsuit by an anti-affirmative action group that claimed it discriminated based on race. Fearless …
POSTED SEPTEMBER 13, 2024 5:06 AM |
How Big Was the Cat? Investigator Warns About Claims of Clogged Toilets
Did you hear the one about cat poop clogging a toilet, resulting in thousands of gallons of sewage water in the home and a big insurance claim? Lin Werkheiser, an insurance fraud investigator, has heard that one and many more …
POSTED SEPTEMBER 13, 2024 5:01 AM |
Buffett’s Insurance Leader Ajit Jain Sells Large Part of Berkshire Stake
Ajit Jain, the longtime top insurance executive at Warren Buffett’s Berkshire Hathaway BRKa.N, sold more than half of his Class A shares in the conglomerate this week. According to a Wednesday night regulatory filing, the 73-year-old Jain sold 200 Berkshire …
POSTED SEPTEMBER 13, 2024 5:00 AM |
$1 Billion San Francisco Tower’s Revival Clouded by Lawsuit
One of San Francisco’s most iconic buildings is celebrating its reopening after a four-year, $250 million makeover meant to symbolize the city’s renewal. It’s doing so under the shadow of a lawsuit from one of its key tenants. The Transamerica …
POSTED SEPTEMBER 13, 2024 5:00 AM |
Plumbing Supply Firm Loses Appeal Over Sales Reps’ Overtime Pay
A federal appeals court has upheld a district court ruling that a wholesale distributor of plumbing supplies has wrongly exempted its inside sales representatives from overtime pay for years. The 1st Circuit Court of Appeals denied F.W. Webb’s request for …
POSTED SEPTEMBER 13, 2024 5:00 AM |
Oregon Workers’ Comp Pure Premium Rate to Drop 3.2%
Oregon employers will pay on average less for workers’ compensation coverage in 2025. The Oregon Department of Consumer and Business Services the decline in workers’ comp rate, which marks 12 years of average decreases in the pure premium rate. Employers …
POSTED SEPTEMBER 13, 2024 5:00 AM |
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