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Companies

All articles tagged with #companies

business1 year ago

Top Remote Jobs and Companies Hiring in 2025

Despite a decline in remote work popularity post-pandemic, the demand for remote jobs remains high, with over 1.1 million global searches monthly. A list of 20 companies hiring for fully remote positions in 2025 includes Allstate, Amgen, Atlassian, and Spotify, among others. These companies offer various remote work policies, from hybrid models to fully remote options, providing job seekers with numerous opportunities to find remote work that aligns with their preferences and values.

companies1 year ago

GSK Shares Plunge 9% as Delaware Court Allows 70,000 Zantac Lawsuits

GSK shares plummeted over 9% after a Delaware judge allowed more than 70,000 lawsuits alleging that the discontinued heartburn drug Zantac caused cancer to proceed. The ruling, which GSK plans to appeal, has significantly impacted the company's market value, wiping out nearly 7 billion pounds. Analysts predict the potential liability could exceed initial market assumptions of $2 billion to $3 billion. The decision follows a recent jury verdict in Chicago that favored GSK, rejecting claims that Zantac caused colon cancer.

companies1 year ago

"US Labor Dept Sues Hyundai for Alleged Child Labor Violations"

The U.S. Department of Labor has sued Hyundai Motor Co, an auto parts plant, and a labor recruiter for using child labor in Alabama. The lawsuit seeks to recover profits related to the illegal employment of children, some as young as 12, at a Hyundai subsidiary and other parts suppliers. The Labor Department's investigation found that a 13-year-old worked up to 60 hours a week at a plant supplying parts to Hyundai. Hyundai claims it no longer owns the subsidiary and has taken steps to address the issue. The case highlights a broader problem of child labor violations in the U.S.

companies1 year ago

Shareholders Urged to Reject Elon Musk's $56B Pay Package

Proxy advisory firm Glass Lewis has advised Tesla shareholders to reject Elon Musk's proposed $56 billion pay package, citing its excessive size, potential dilutive effects, and Musk's numerous other commitments, including his acquisition of Twitter. The package, which has no salary or cash bonus, is based on Tesla's market value reaching $650 billion over ten years. Tesla's board, which has close ties to Musk, supports the package, arguing it rewards the company's significant growth. Glass Lewis also criticized Tesla's proposed move to Texas, suggesting it poses additional risks to shareholders.