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Scaffolding-related deaths make construction one of New York City's deadliest occupations. A bill waiting for Gov. Kathy Hochul's signature could help change that, bt it faces fierce opposition from he construction and real estate lobbies. → Read More
Wells Fargo has agreed to pay $2 billion to customers it harmed, as well as an additional $1.7 billion civil penalty, the Consumer Financial Protection Bureau (CFPB) said. → Read More
The New York State Legislature may vote to raise pay for its lawmakers to $130,000 a year from $110,000, making them the highest-paid in the U.S. → Read More
The former head of Twitter's communications team in Germany is suing the company for unfair dismissal, the latest in a series of challenges to Elon Musk's restructuring decisions in Europe. → Read More
Twitter is auctioning off more than 200 items from its San Francisco headquarters, according to a new listing from Heritage Global Partners, an auction and liquidation firm. → Read More
Goldman Sachs is expected to cut its 2022 bonus pool for senior employees by as much as 50 percent. The news comes as Wall Street firms are looking to trim executive compensation following a record-breaking 2021. → Read More
Elon Musk appeared to acknowledge Twitter set up bedrooms for employees in its San Francisco headquarters after the city said it opened an investigation into the reports. → Read More
Twitter has reportedly converted a number of rooms in its San Francisco headquarters to sleeping areas, as CEO Elon Musk pushes remaining workers to adapt to his "extremely hardcore" vision for the company. → Read More
Goldman Sachs traders could see their year-end bonuses reduced "by a low double-digit percentage," despite being on track to post the biggest annual revenue in a decade. → Read More
The U.S. added 263,000 jobs in November, and average hourly wages were up 0.6 percent, better than analysts had expected and an indication inflation isn't yet tamed. → Read More
Meta is shedding office space in New York City as it cuts back on spending and headcount. → Read More
Members of the Amazon Labor Union are protesting outside of the New York Times’s DealBook summit this morning as the company’s CEO, Andy Jassy, takes the stage. → Read More
Sales employees at Twitter who elected to stay on for Musk’s “hardcore” vision of the company were still laid off. → Read More
Bob Iger is returning to lead Disney less than two years since he left the post. Boomerang CEOs tend to drag down a company’s performance, but will this one be an exception? → Read More
A federal judge in Silicon Valley has sentenced former Theranos founder Elizabeth Holmes to more than 11 years in prison. A jury found her guilty on four counts of defrauding investors in January. → Read More
While Starbucks celebrates "Red Cup Day," thousands of unionized workers are on strike to protest alleged anti-union tactics by the coffee chain. → Read More
Amazon is reportedly planning to lay off 10,000 corporate workers, the latest tech company to cut jobs following a period of rapid growth. → Read More
“I mean, it’s like, the cool thing, right?” Maxwell Frost, the first Gen Z elect to Congress, spoke to the Observer about young Americans’ role in the labor movement. → Read More
D.C. attorney general Karl Racine alleges the defendants misled the public about Commander owner Dan Snyder's knowledge of sexual harassment in his workplace, and a subsequent investigation into the claims. → Read More
Staff at Twitter, one of the first companies to allow employees to work from home indefinitely, are being ordered back into the office by their new owner. → Read More