Ford Motor Company specifically targeted older salaried employees for layoff in a bid to shed pension and other employment expenses during its years-long, multi-billion-dollar cost-cutting campaign, according to recently unearthed emails. The documents, uncovered as part of a class action lawsuit against the company, were obtained by the Detroit Free Press, which published extended interviews… Continue reading Ford targeted older salaried employees during 2019 layoffs, documents in age discrimination lawsuit reveal – WSWS
Tag: People
RIL and partners to invest $144 mn in US-based energy storage company
New Delhi: Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries (RIL), along with strategic investors Paulson & Co. Inc. and Bill Gates, and a few other investors, has announced an investment of $144 million in Ambri Inc, an energy storage company based in Massachusetts, USA. The investment will help the company… Continue reading RIL and partners to invest $144 mn in US-based energy storage company
India sees addition of 16 million jobs in July: CMIE
India saw an addition of 16 million jobs in July 2021 but salaried jobs fell by 3.2 million compared to June while they were less by 10 million compared to pre-Covid levels, the Centre for Monitoring Indian Economy said. In July 2021, while employment in agriculture grew by 11.2 million, the construction sector absorbed an… Continue reading India sees addition of 16 million jobs in July: CMIE
Bingo Calls One Through Seven are the Focus of the Newest ‘Bingo Lingo’ Blog from Aquamaids Bingo
SANTA CLARA, Calif., Aug. 9, 2021 /PRNewswire/ — Aquamaids Bingo Hall is pleased to announce that they have just posted a new “Bingo Lingo” blog to their website that takes an in-depth look at an interesting topic: bingo calls one through seven in the UK. To read the new blog in its entirety, please check out… Continue reading Bingo Calls One Through Seven are the Focus of the Newest ‘Bingo Lingo’ Blog from Aquamaids Bingo
@Ford: Ford Credit CFO Brian Schaaf to Speak August 12 at J.P. Morgan Automotive Conference
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford Credit CFO Brian Schaaf to Speak August 12 at J.P. Morgan Automotive Conference
Electric Cars for Everyone? Not Unless They Get Cheaper.
The people here are not Hollywood stars or billionaire tech entrepreneurs who might own Ferraris and private jets. But they are well off. The median household income in the area exceeds $165,000, and half the homes are valued at more than $1 million. Eight in 10 residents have at least an undergraduate degree. As early… Continue reading Electric Cars for Everyone? Not Unless They Get Cheaper.
Apollo 15 Anniversary: 50 Years Ago, NASA Put a Car on the Moon
Dave Scott was not about to pass by an interesting rock without stopping. It was July 31, 1971, and he and Jim Irwin, his fellow Apollo 15 astronaut, were the first people to drive on the moon. After a 6-hour inaugural jaunt in the new lunar rover, the two were heading back to their lander,… Continue reading Apollo 15 Anniversary: 50 Years Ago, NASA Put a Car on the Moon
Federal prosecutors are looking into Lordstown, the electric truck company.
Federal prosecutors have opened an inquiry into business matters at Lordstown Motors, the embattled electric truck manufacturer that was already being investigated by securities regulators and recently turned over its top management team, according to two people briefed on the matter. It was not clear what issues the prosecutors, with the U.S. attorney’s office in… Continue reading Federal prosecutors are looking into Lordstown, the electric truck company.
Crashes involving Tesla Autopilot and other driver-assistance systems get new scrutiny.
A federal safety agency told automakers on Tuesday to begin reporting and tracking crashes involving cars and trucks that use advanced driver-assistance technology such as Tesla’s Autopilot and General Motors’ Super Cruise, a sign that regulators are taking the safety implications of such systems more seriously. Automakers must report serious crashes within one day of… Continue reading Crashes involving Tesla Autopilot and other driver-assistance systems get new scrutiny.
Atlas Reports Second Quarter 2021 Results
Comments from Management: Bing Chen, President and CEO of Atlas, commented, “Our strong second quarter performance was at the high end of our expected range, enabling us to raise financial guidance for 2021. Increasing our financial guidance reflects both our strong first half performance and the confidence we have in delivering continued high-performance over the… Continue reading Atlas Reports Second Quarter 2021 Results