NEW YORK (AP) — WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went to work around the world. In a late Monday announcement, WeWork said it entered into a restructuring support agreement … Read more
Tesla is recalling more than 2 million vehicles, nearly all of the vehicles it has sold in the US to date, to fix a flawed system designed to make sure drivers are paying attention when they use Autopilot. Rather than physically recalling vehicles, documents posted today by the US National Highway Traffic Safety Administration (NHTSA) … Read more
The Hamburg flag flies in front of Hapag-Lloyd containers on the Hapag-Lloyd containership “Berlin Express” at Burchardkai in the Port of Hamburg. Marcus Brandt | Picture Alliance | Getty Images MSC, the world’s largest shipping carrier, said it is no longer traveling through the Suez Canal after its container ship, the MSC PALATIUM III, was … Read more
ARLINGTON HEIGHTS, Ill. — A bridal shop owner who allegedly scammed a customer out of a wedding dress has been charged, police report. According to the Arlington Heights Police Department, investigators received a complaint that the owner of the Ava Nicole Bridal Shop failed to deliver an ordered wedding gown after a custom fitting on … Read more
Aussie workers who missed out on their proper superannuation entitlements last financial year have now been reimbursed – to the tune of almost $700 million. The “redistribution” comes after the Australian Taxation Office (ATO) tracked down employers who hadn’t paid super properly in the 2022-23 financial year. The ATO collected more than $1.13 billion from … Read more
Share of Embassy Office Park REIT fell nearly 5% on Wednesday following a block deal where global private equity firm Blackstone Group was set to sell its entire stake on Wednesday, according to news reports. The shares however, pared their losses as the session proceeded and at 11:20 the Embassy Office was down by 0.22% … Read more
Thousands of service workers in Las Vegas are preparing to go on strike Friday if they can’t settle new contracts with two of the city’s major hotel and casino operators. The Culinary Workers Union said it reached a tentative agreement on a new contract with Caesars Entertainment early Wednesday after 20 hours of bargaining. But … Read more
The cost rivals that of the largest private, personal construction projects in human history. Building permits put the price tag for the main construction at around $100 million, in addition to $170 million in land purchases, but this is likely an underestimate. Building costs on the remote island are still higher than pre-pandemic levels. That … Read more
The U.S. Department of Transportation on Monday said it fined Southwest Airlines $140 million for violating consumer protection laws during last year’s holiday meltdown that stranded millions of customers following severe winter weather. The DOT said the fine is 30 times larger than any fine it has issued for consumer protection violations. It includes a … Read more
(NewsNation) — A policy implemented by Southwest Airlines to accommodate plus-size passengers has gone viral and split opinions. Southwest’s website says customers “who encroach upon any part of the neighboring seat(s)” can book more seats next to them before traveling and get a refund for the cost of the extra seats. While some travelers have … Read more
