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| Durable goods order rises in November |
12/24/2020 |
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The strength in November included a 3.4% rise in demand for motor vehicles and parts, which represented a rebound following a 2.5% drop in October.
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| DOJ holds Walmart partially responsible for the Opioid crisis |
12/24/2020 |
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Civil complaint filed Tuesday points to the role Walmart’s pharmacies may have played in the crisis by filling opioid prescriptions and by unlawfully distributing controlled substances to the pharmacies during the height of the opioid crisis.
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| Google rejects 200 antitrust complaints filed by DOJ |
12/23/2020 |
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In October the Justice Department sued Google for abusing its dominance in online search and advertising — the government’s most significant attempt to protect competition since its groundbreaking case against Microsoft more than 20 years ago.
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| Hybrid aircraft on the drawing board |
12/23/2020 |
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A hybrid aircraft demonstrator – which is being developed by Daher, Safran and Airbus with the support of France’s CORAC civil aviation research council – has successfully passed its Preliminary Design Review as a first key step toward validating the project’s feasibility and firming up the architecture for a first flight scheduled in 2022.
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| Vaccination required to go to work |
12/23/2020 |
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There is legal precedent for mandating vaccinations, and some companies already require employees to be vaccinated for certain diseases or viruses, including the flu.
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| This Russian Hack is deep and far! |
12/22/2020 |
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Imagine a computer network as a mansion you inhabit, and you are certain a serial killer as been there. “You don’t know if he’s gone. How do you get work done? You kind of just hope for the best.”
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| Volkswagen face massive shortage of electronic parts |
12/22/2020 |
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The Wolfsburg-based carmaker said that semiconductor makers had reassigned production to consumer electronics during the worst of the COVID-19 slowdown in sales. “However, automobile markets have now recovered significantly and the industry, including the Volkswagen Group, faces a shortage of the electronic components required."
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| Riot over salary dispute at iPhone India factory |
12/21/2020 |
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In what was referred to as a “violent rampage,” employees of Taiwan’s Wistron Corp. -- an assembler of Apple products, including the iPhone -- smashed glass, destroyed workstations and flipped cars outside of their workplace. The hundreds of demonstrators allege that Wistron has withheld wages, some for as long as four months, and is forcing them to work unpaid overtime.
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| Coke to layoff 17% of workforce |
12/21/2020 |
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The coronavirus pandemic has hammered Coke’s business, as sales at places like stadiums and movie theaters dried up due to lockdowns. Its revenue fell 9% to $8.7 billion in the July-September period.
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