Raw StoryDec 17, 2020A Giuliani company got a PPP loan from a Trump-friendly bank — but lists no employees. Was it fraud?Raw Story - Roger Sollenberger, SalonA payroll company owned by Rudy Giuliani, President Trump's personal attorney, took between $150,000 and $350,000 in taxpayer-backed emergency small …
Business Insiderflipped into Tech InsiderGoogle's CEO says the future of work involves a 'hybrid model' and the company is already reconfiguring its offices for employee 'on-sites'verified_publisherBusiness Insider - Avery HartmansGoogle's famous offices may look a bit different for employees once it's safe for them to begin returning to work. Google CEO Sundar Pichai said last week that the company was making changes to its physical spaces to better support employees in a future Pichai said would include "hybrid models" of …
Nov 12, 2020The DoJ allowed an oil company to hide $10 million in political donations as part of its bankruptcy filingsboingboing.net - Thom DunnIn early 2020, the Denver-based Extraction Oil & Gas company filed for Chapter 11 bankruptcy protection, hoping to reorganize or otherwise free …
Benzingaflipped into News & MarketsRocket Companies Prices IPO At $18 Per Share: Here's Why It Marks A Paradigm Shift In Financial Servicesbenzinga.com - Renato Capelj , Benzinga Staff WriterOn Wednesday evening, Detroit-based Rocket Companies (NYSE: RKT), home to Quicken Loans, the nation's largest retail mortgage lender, priced its …
USA TODAYflipped into Top StoriesThough it has no teachers, this company gets millions meant for private, charter schoolsverified_publisherUSA TODAY - Rob O'DellPHOENIX – To backers, Prenda microschools represent a “return to the one-room schoolhouse” of the past, empowering parents to educate their children in intimate settings away from the cruel public school bureaucracy. Anyone can start a Prenda microschool of five to 10 students. No certification or …
CNN Businessflipped into All StoriesA company in Brazil made a controversial move to fight racism. Other CEOs should try itverified_publisherCNN - Opinion by Arick Wierson for PerspectivesAlthough she's not a household name in the United States, billionaire Luiza Trajano, the richest woman in Brazil, might very well become one soon if her radical new model to confront structural racism takes hold. Trajano made her fortune with her eponymous Magazine Luiza (or Magalu as it is known) …
CNNflipped into Top StoriesThis company says it can make top-shelf whiskey in just a few daysverified_publisherCNN - by Oliver Effron(CNN) — Bespoken Spirits says it is using science to produce better whiskeys. Now, it has several million dollars to prove it can. The Menlo Park, California-based startup, which uses a proprietary technology to rapidly produce custom whiskey, announced on Tuesday that it received $2.6 million in …
Business InsiderAug 12, 2020A Lowe's shopper who saw mask-less people swarming her local store has launched a petition with 115,000 signatures begging the company to take action — and it shows a growing problem for retailersverified_publisherBusiness Insider - Áine CainTanja Softic was browsing the aisles in her local Lowe's store on July 25 when a stranger bolted towards her. By that point, Softic was already on edge at the home improvement chain's Richmond, Virginia, location. The Commonwealth of Virginia has put in place a mandatory mask policy for indoor public …
Rebeccaflipped into Gosomer is AwsomerCovid-19 vaccine company under federal investigation after allegedly misrepresenting its role in government program Operation Warp Speedverified_publisherCNN - By Shannon LiaoNew York (CNN Business) — California biotech company Vaxart, which is working on a Covid-19 vaccine, is under federal investigation and is being sued by a number of investors for allegedly exaggerating its involvement in the US government's Operation Warp Speed program for developing Covid-19 …
Inc Magazineflipped into Top StoriesBMarko Had No Healthcare Experience. It Was Asked to Build a Hospital During Covid--and Deliveredverified_publisherInc Magazine - Kevin J. RyanWhen the number of pandemic patients threatened to overwhelm hospitals, this company saw a solution in used shipping containers. BMarko Structures No. 470 2020 Rank Three-year growth rate In April, when U.S. hospitals began reaching capacity because of an influx of Covid-19 patients, BMarko co-founder …
Raw Storyflipped into Top StoriesTrump's trade war backfired -- and made it even more advantageous for American companies to transfer operations to ChinaRaw Story - The ConversationThe 2016 election was a referendum on free trade, which many blamed for destroying millions of American manufacturing jobs. In 2020, it could be …
Fortuneflipped into FinanceThe U.S. is pushing ahead with its threat to delist Chinese companiesverified_publisherFortune - BloombergThe U.S. Securities and Exchange Commission is pushing ahead with a plan that threatens to kick Chinese companies off U.S. stock exchanges, setting …
Business Insiderflipped into Tech InsiderAmazon is investing $1.4 billion to expand into 6 cities outside of Seattle, and it may be a sign that tech companies are reconsidering the future of the officeverified_publisherBusiness Insider - Avery HartmansFor Amazon, the future of office work, post-coronavirus, means thousands of new jobs and office hubs in six cities across the US. The ecommerce giant announced Tuesday that it's planning to add 3,500 workers and will expand its offices in six US "tech hubs" — Dallas, Detroit, Denver, New York, …
Business Insiderflipped into Tech InsiderSecretive data company Palantir has moved its headquarters to Denver from Palo Alto after its CEO called Silicon Valley a 'monoculture'verified_publisherBusiness Insider - Avery HartmansSecretive data company Palantir has officially moved its headquarters to Denver after its CEO described Silicon Valley as a "monoculture." The company has made the change official on its website, listing Denver as its headquarters rather than Palo Alto, California, which was previously the hub of …
CNNflipped into Top StoriesFamily files suit over Publix employee's death. It says company failed to protect him from Covid-19verified_publisherCNN - By Konstantin Toropin(CNN) — The family of a Publix employee who died from coronavirus complications has filed a wrongful death lawsuit that claims the grocery store chain refused to allow employees to wear masks at the time he became sick. Gerardo Gutierrez, 70, contracted the virus from a fellow deli employee, …
Bloombergflipped into BloombergU.S. Chemical Companies Face Few Legal Risks, and the Cartels Bank On Itverified_publisherBloomberg - Cam SimpsonOne November morning in 2015, a lawyer named Clark Jordan rose sheepishly from his chair to face the judge in a federal courtroom in eastern …
AvatarBruce Roachflipped into GeldrickThe CEO of a $1.2 billion space company can’t use its technologyverified_publisherQuartz - Tim FernholzThe Russian founder of a business going public in a $1.2 billion transaction is not allowed to work with his own company’s products because of US rules intended to keep advanced space technology away from geopolitical rivals. Momentus Space was founded in 2017 to develop a “last-mile” transportation …
Business InsiderAug 4, 2020This startup scored $10 million to build homes like Apple builds phones. Here's how it won over a Founders Fund VC and one of the country's top home construction companiesverified_publisherBusiness Insider - Alex TorresWhen Henry Ford started using an assembly line, he cut the cost of making the Model T car by more than half. Alexis Rivas and Jemuel Joseph, the cofounders of Cover, took a page out of Ford's playbook when they launched their LA-based home construction startup in 2014: The two architects recruited …
Fast Companyflipped into Fast CompanyIf we want more companies like Patagonia, we need laws to enforce itverified_publisherFast Company - By Kristin ToussaintIf we want to get past “woke capitalism,” this is what it’ll take to get companies to an equitable relationship with both workers and society. A day after the August NBA strike in response to yet another police shooting—this time, Jacob Blake, in Kenosha, Wisconsin—Uber’s head of diversity and …
Inputflipped into TechNearly 200 Uber employees sued the company over its terrible IPOInput - J. FergusThe extra tax burden placed on Uber employees. As Uber rails against California state law to avoid making its drivers employees, trouble’s brewing on …
The i Paperflipped into The LatestUS stock markets latest: Why S&P 500 index and Nasdaq market are flying high, but it’s a different story for companies like Disneyinews.co.uk - The EconomistBob Chapek, Disney’s boss, sounded a cheerful note as he announced the entertainment giant’s quarterly results on 4 August. Its newish streaming …
Kai Riemerflipped into The Future, This WeekTikTok's new CEO says company will reveal how its algorithms workverified_publisherAxios - Sara FischerIn his first public statement as CEO of TikTok, former Disney exec Kevin Mayer says the company will be releasing that code that drives its …
Business InsiderJul 7, 2020Whole Foods employee says workers were sent home for refusing to remove anti-racism shirts as the company faces protests over its dress-code policyverified_publisherBusiness Insider - Hayley PetersonA Connecticut Whole Foods store prohibited a group of its employees on Saturday from wearing shirts printed with the phrase "racism has no place here," an employee of the store said. When employees showed up to work wearing the shirts, management at the Milford, Connecticut, Whole Foods told them …
