It is the latest development in a long-running battle for labor rights among so-called workers seeking to classify themselves as employees to secure benefits like employer-funded health care and sick leave. Many tech companies, including Uber and Lyft, argue that their workers are independent contractors. Court records show that New …
Read More »The Modern Covid vaccine protects monkeys from the virus and humans Next
Moderna Inc.’s candidate vaccine against Covid-19 protected against the virus in a trial that inoculated 16 monkeys, an encouraging step on the road to defending humans against the pandemic. Two injections of the vaccine protected against intense exposure to the virus at two different dosage levels, Modern he said in …
Read More »Visa Exceeds Earnings Expectations, But Travel Category Still Slow To Back Down
Visa Inc. outperformed third-quarter tax earnings and revenue expectations on Tuesday, but the company experienced a decline in volume as the COVID-19 crisis continued to slow spending growth, especially in the travel category. Share V, -0.08% they were out of 2% in after-hours trading. The company posted net income of …
Read More »Private investment firm Redbird Capital announces plans to go public with a new sports company
Gerry Cardinale, CEO of Redbird Capital Partners LLC, sits down for a photograph in New York. Griselda San Martin | Bloomberg via Getty Images Private investment firm RedBird Capital Partners has announced that it has filed an application with the Securities and Exchange Commission as it seeks to go public …
Read More »Victoria’s Secret parent L Brands (LB) to cut 15% of corporate jobs
A pedestrian passes a closed and boarded Victoria’s Secret store on Robson Street during the COVID-19 crisis on April 17, 2020 in Vancouver, Canada. Andrew Chin | fake pictures Victoria’s Secret owner L Brands said Tuesday that he is preparing to cut 15% of his corporate workforce, or about 850 …
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