No date was set for the strike. The vote followed what the union called “over a year of negotiations with Apple management that yielded unsatisfactory outcomes.”
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The Associated Press (via Fortune)
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5/12/24
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Torstein Hagen, who founded Viking 27 years ago, said he owes the company’s success in part to its “cookie cutter” philosophy.
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Sasha Rogelberg (via Fortune)
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5/12/24
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In what’s referred to as the “entrepreneurship penalty,” former founders are much less likely to get a job interview.
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Paolo Confino (via Fortune)
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5/12/24
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A massive trove of tax information obtained by ProPublica, covering thousands of America’s wealthiest individuals, reveals what’s inside the billionaires’ bag of tricks.
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Paul Kiel, Russ Buettner, ProPublica (via Fortune)
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5/11/24
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Five quilters at Gee's Bend reaped limited financial benefits from the collection, which sold out in many stores.
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Anna Furman, The Associated Press (via Fortune)
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5/11/24
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“Mercedes claims that we’re a family, one team, one fight. But over the years, I’ve learned one thing: This is not how I treat my family,” Brett Garrard says.
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Kim Chandler, Tom Krisher, The Associated Press (via Fortune)
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5/11/24
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A new study from fintech Acorns finds almost one in four Americans are concerned their dire financial outlook could lead to homelessness.
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Jane Thier (via Fortune)
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5/11/24
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One woman was annoyed at her husband’s Zyn habit, but the rewards made her feel “like a kid in an arcade”
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Jasmine Li (via Fortune)
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5/11/24
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Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine, has died.
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Patrick Oster, Katherine Burton, Bloomberg (via Fortune)
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5/10/24
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Sternlicht moved his real estate company Starwood Capital Group to Miami in 2018, but he says a lot more companies want to “move down” and can’t.
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Marco Quiroz-Gutierrez (via Fortune)
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5/10/24
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Exxon called the verdict “irrational” and said it would ask the court to reverse it before it becomes final.
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Tope Alake, Bloomberg (via Fortune)
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5/10/24
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Rail infrastructure in the U.S. faces a backlog of repairs worth billions of dollars.
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Paolo Confino (via Fortune)
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5/10/24
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The question of how far back damages can go has split appeals courts, and industry groups like the Recording Industry Association of America have called on the Supreme Court to decide.
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Lindsay Whitehurst, The Associated Press (via Fortune)
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5/10/24
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The goal of Harlem Children's Zone new program is to close the racial wealth gap.
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Chloe Berger (via Fortune)
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5/10/24
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The Culinary Union Local 226, the largest in Nevada, said the action marked its first strike in 22 years.
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The Associated Press (via Fortune)
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5/10/24
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For each death, there are 100 women who come close to dying, which is terrifying and unacceptable in the 21st century.
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Holly Maloney, Maneesh Jain (via Fortune)
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5/10/24
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An Ascension spokesperson said it detected “unusual activity” Wednesday on its computer network systems.
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John Hanna, Tom Murphy, The Associated Press (via Fortune)
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5/10/24
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Dorsey criticizes Bluesky's move from decentralization, stressing the importance of adhering to a protocol that supports free speech.
The post Jack Dorsey criticizes Bluesky for straying from …
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Vivian Nguyen (via Crypto Briefing)
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5/10/24
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Deutsche Bank analysts warn of stablecoin risks, citing Tether's lack of transparency.
The post Tether refutes Deutsche Bank research revealing stablecoin solvency risks appeared first on Crypto …
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Vince Dioquino (via Crypto Briefing)
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5/10/24
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Canfor has announced it is permanently closing its Polar sawmill in Bear Lake, B.C., shutting a production line at its Northwood Pulp Mill in Prince George, and suspending its "planned reinvestment" …
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Via Global News
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5/9/24
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A Virginia judge will rule on the treatment of two embryos created by a couple that divorced.
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Matthew Barakat, The Associated Press (via Fortune)
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5/9/24
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Sweetgreen’s rationale for the controversial menu addition this week includes using regenerative farming.
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Alexa St. John, The Associated Press (via Fortune)
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5/9/24
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These cuts at Xbox come amid a wider contraction in the video-game industry due to economic shifts following a period of rapid growth during the pandemic.
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Jason Schreier, Bloomberg (via Fortune)
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5/9/24
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Competition over spots in the handful of highly ranked private institutions has been fierce, and efforts to lure in new schools have collapsed.
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Patrick Clark, Bloomberg (via Fortune)
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5/9/24
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Amid Tesla’s bloodletting, top exec sends Musk a message: The company has 'taken its pound of flesh'
Lead exec in charge of product launches resigned suddenly after seven years.
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Amanda Gerut (via Fortune)
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5/9/24
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