TGI Fridays Navigates Chapter 11 Bankruptcy: What It Means for Brand’s Future
TGI Fridays, an American casual dining chain, said on Saturday that it has filed for Chapter 11 bankruptcy protection. TGI Fridays filed for bankruptcy as it was grapplin...
Tupperware Set to Exit Bankruptcy as Court Approve Asset Sale to Lenders
A U.S. bankruptcy judge on Tuesday approved Tupperware Brands’ proposal to make a sale of its assets to its lenders. This court approval of sale to its lender s...
Volkswagen to Shut Down German Plants, Lay Off Thousands in Strategic Overhaul
Volkswagen is planning closure of at least three of its plants in Germany. It has also planned mass layoffs that could affect tens of thousands of staff and shrink its ...
Volkswagen Targets €4B in Cost with Wage and Bonus Cuts Amid Economic Pressure
Volkswagen is exploring a series of cost-cutting measures for its core brand. This cost reduction by Volkswagen includes a 10% wage cut and a two-year wage freeze, as it ...
South Carolina Agency Loses Bid to Shield Information in Ongoing Google Lawsuit
The U.S. Supreme Court on Wednesday refused a South Carolina state agency’s lawsuit to shield information from Google that the tech giant wants to use to defend agains...
Strike Continues as 64% Boeing Workers Vote Against Contract Offer
Boeing factory workers voted to reject a contract offer and continue a more than five-week strike on Wednesday. The Boeing workers contract rejection is a blow to invest...
Starbucks Sued for Allegedly Stealing Coffee-Flavored Lipstick Idea
Starbucks has been sued for a third time by a company that accused the coffee chain of stealing its concept for coffee-flavored lipstick and lip gloss. Balmuccino has fi...
CEO David Zaslav Faces Pressure as Warner Bros. Discovery Struggles
There is increased pressure on Warner Bros. Discovery CEO David Zaslav to deliver value for shareholders. Since merging Discovery with WarnerMedia in 2022 and immediately...
Boeing’s New CEO Ortberg Vows to Restore Trust and Reputation
Aerospace veteran Robert “Kelly” Ortberg becomes Boeing new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon. Boeing’s...
Weak Jobs Report Stokes Recession Fears, U.S. Stock Market Enters Correction
U.S. stock market saw sold off for a second straight session on Friday, and the Nasdaq Composite confirmed it was in correction territory after a weak jobs report stoke...
Supreme Court Decision in Favor of Starbucks in Unionization Case
The U.S. Supreme Court ruled the decision in favor of Starbucks on Thursday in a challenge against a labor ruling by a federal judge. This Starbucks union ruling makes it...
Tesla Shareholders Greenlight Elon Musk’s $56B Pay Package
Tesla shareholders approved CEO Elon Musk getting $56 billion pay package, the electric vehicle-maker said on Thursday, Jun 13. This record-breaking salary is a big thumb...
South Korea’s Samsung Union Stages First Walkout Over Pay
Samsung Electronics union staged its first walkout on Friday, signaling more assertiveness among workers just as South Korea’s most powerful conglomerate races to catch...
Black Workers Files Lawsuit against General Mills for Racism at Georgia Plant
A lawsuit has been filed against General Mills, the manufacturer of Cheerios and other well-known cereals. General Mills, is being sued by eight Black employees working a...
Addressing the Manager Performance Feedback Void in Workplace
Managers may be playing an important role in employee experience, but while managers have a significant impact on the employee experience, they hardly receive any feedba...
Kroger Workers at Detroit Fulfillment Center Unionize with Teamsters
Kroger, the automated warehouse near Detroit’s workers came together to vote to join the International Brotherhood of Teamsters. Kroger workers vote would make it the ...
