Smithfield Foods to pay $83 mln to settle pork price-fixing claims
Smithfield Foods Inc (SFII.UL) said on Wednesday it will pay $83 million to settle litigation that accused several companies of conspiring to limit supply in the $20 billion-a-year U.S. pork market to inflate prices and their own profits.
Pace of US job growth picks up as signs point to tight labor market
The US economy added 850,000 jobs in June, a noticeable pickup from the average of 546,000 jobs over the previous three months and much faster than the pace in the three months before that. This still leaves the economy 9 million jobs short of its trend.
Amazon to open new warehouse that will use robotics in Alberta next year - BNN Bloomberg
Amazon says it plans to open a new warehouse in Alberta that will use robotics to help pick, pack and ship small items such as books, electronics and toys.
Some distillers, brewers and vineyards say they are absorbing higher costs for packaging, aluminum, labels, transportation and energy, but that might not last.
Language-learning app Duolingo files for U.S. IPO, reveals revenue surge
Language-learning app Duolingo Inc on Monday filed for a U.S. initial public offering and revealed that its revenue more than doubled in the first quarter this year.
Fox News Agrees to $1 Million Fine for Violating Human Rights Law
Photo Illustration by The Daily Beast/GettyDespite Fox News’ claims to have repaired the company’s toxic workplace culture since the firing of founder and chairman Roger Ailes in July 2016, Rupert Murdoch’s media empire has effectively admitted to ongoing misconduct that includes sexual harassment, discrimination, and retaliation against victimized employees, and has agreed to pay a million-dollar fine for what New York City’s Commission on Human Rights called “a pattern of violating of the NYC
Spotify – #290: Jesse Draper, Founding Partner at Halogen Ventures, on Her Unique Journey From Actress to 4th Generation Investor, Challenging Imposter Syndrome as a Female in VC, and Supporting Women in Consumer Tech - Just Go Grind with Justin Gordon | Podcast on Spotify
Nasdaq Welcomes 395 IPOs in the First Half of 2021, Raising the Highest Amount on Record
Building upon the record number of listings in the first quarter, Nasdaq has extended its listings leadership to 30 consecutive quarters, welcoming 395 initial public offerings in the first half of this year and raising a total of $103 billion.
Some used vehicles now cost more than original sticker price
DETROIT (AP) — When it was new, the window sticker price on a typical 2019 Toyota Tacoma SR double cab pickup was just under $29,000. Two years later, dealers are paying almost $1,000 more than that to buy the same vehicle, even though it's used.