The U.S. Federal Trade Commission’s proposal to ban employment agreements that require workers to avoid competing firms is anticipated to encounter challenges that could impede or limit the measure. On Thursday, the agency announced a proposed rule in the Federal ...

The head of McDonald’s has cautioned employees to anticipate job cuts as part of a major reorganization that will also accelerate the company’s plans to open new restaurants. Chris Kempczinski, the CEO of McDonald’s, stated that the fast food giant ...

Mastercard, a leading global financial payments provider, is launching a web3-focused incubator aimed at helping artists connect with their fans through new digital mediums, the company announced at CES 2023 on Friday. “The core of this program is providing emerging ...

Chinese tech stocks listed in the U.S. saw significant gains Wednesday morning following the approval of an expanded capital plan for Ant Group by Chinese officials. American depositary receipt (ADR) shares of Alibaba surged by 13.1%, while JD.com’s stock jumped ...

Your iPhone safeguards your privacy—from everyone except Apple, it seems. On Wednesday, France’s data protection authority, CNIL, imposed a fine of €8 million (approximately $8.5 million) on Apple for unlawfully collecting data from iPhone users for targeted advertising without obtaining ...

Workers who remain in their jobs are receiving the largest pay raises in decades as companies vie to retain a limited pool of employees. Wages for employees who stayed in the same job increased by 5.5% in November from the ...

Billionaire Elon Musk, formerly the richest man in the world, has set a new record. The Tesla founder and Twitter owner has become the first person in history to lose $200 billion off his net worth. This significant loss comes ...