Category: Business

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French Government Unveils Plan to Raise Retirement Age to 64

President Emmanuel Macron is focusing on cutting costs in France’s pension system, but labor unions, which fiercely oppose the measure, have promised a showdown.  » mehr lesen

100 Infant Deaths Linked to Recalled Fisher-Price Sleeper

The fatalities occurred over 13 years, including eight since the Rock ’n Play Sleeper was recalled in 2019, the Consumer Product Safety Commission said.  » mehr lesen

Virgin Orbit’s Failed Launch a Setback for U.K.’s Space Industry

When a Virgin Orbit rocket fell short of orbit, it dealt a blow to Britain’s space program and the companies whose satellites were lost in the mission.  » mehr lesen

Powell Says Fed ‘Will Not Be’ a Climate Policymaker

In a speech on Federal Reserve independence, Chair Jerome H. Powell emphasized that climate change should be addressed by elected officials.  » mehr lesen

Coinbase Lays Off Another 20% of Employees

The cuts at the cryptocurrency exchange come after nearly a fifth of employees were let go in June, as crypto markets teeter and tech companies rethink their growth plans.  » mehr lesen

SEC Fines Steve Easterbrook, McDonald’s Ex-CEO

The Securities and Exchange Commission fined Steve Easterbrook for lack of disclosure about the circumstances behind his firing in 2019.  » mehr lesen

Three-Quarters of Teenagers Have Seen Online Pornography by Age 17

Sexually explicit content has become so prevalent online that teenagers are deluged, according to a new report by a nonprofit child advocacy group.  » mehr lesen

As Infrastructure Money Lands, the Job Dividends Begin

Trillions of dollars in government spending will profoundly affect the labor market, but in ways hard to measure, and mostly under the surface.  » mehr lesen

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