Page 13 - Tyler Sonnemaker News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Americans have grown increasingly critical of the power executives and shareholders wield over rank-and-file workers, a shift accelerated by the pandemic. At 65%, Americans' approval of labor unions hasn't been higher since 2003, according to Gallup; 62% support a $15 federal minimum wage, according to Pew. But whether workers ultimately secure better pay, working conditions, and a voice at work depends on thousands of government officials not named Joe Biden, spread across dozens of federal, state, and local government agencies, legislative bodies, and courts. Newsletter ...

Airbnb announced its first-quarter earnings Thursday, beating Wall Street's expectations for earnings but missing widely on losses as the company sees early signs of a post-pandemic travel boom. Airbnb brought in $886.93 million in revenue for the quarter versus $719.8 million expected by analysts, up 5% from the same quarter in 2020. The company reported gross bookings of $10.28 billion, up 52% from the same quarter last year — but still down 21% from the same quarter in 2019, showing how far travel is from returning to pre-pandemic levels. "The pace of recovery in Q1 and in Q2 to date has...

Riccardo Savi/Getty Images Uber used around 50 Dutch shell companies to help reduce its global tax burden, an Australian research group found. Despite earning $5.8 billion in global revenues in 2019, Uber claimed a $4.5 billion loss for tax purposes. One researcher called Uber's alleged scheme "the Champions League of tax avoidance." Uber has been using a complex tax shelter involving around 50 Dutch shell companies to reduce its global tax bill, according to recent research from the Center for International Corporate Tax Accountability and Research. In 2019, Ube...

Kail accepted bribes or kickbacks from nine different companies totaling more than $500,000 as well as stock options, according to the DOJ's press release. The jury also ordered Kail to forfeit to the government a home he purchased in Los Gatos, California, using the funds he obtained through the illegal scheme. "Bribery undermines fair competition and innovation in any business arena, and particularly Silicon Valley's highly competitive environment of cutting-edge innovation," acting US Attorney Stephanie Hinds said in a press release. "As Netflix's Vice President of IT Operations, Michael ...

Rep. Kevin Brady and Rep. Richard Blumenthal both lashed out at Tesla over its public comments surrounding the deadly crash.