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Companies push for regulation on plastics reduction
Global food and packaging companies, including Nestle, PepsiCo, and Unilever, are collaborating to reduce plastic use and advocate for regulation following the collapse of U.N. talks in August. The failure to secure a deal on cutting plastic has left many advocates pessimistic about achieving a global agreement during U.S. President Donald Trump’s administration. “It is…
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Starbucks workers plan major strike for Red Cup Day
Starbucks workers are preparing to strike on November 13th, coinciding with the company’s Red Cup Day, unless a contract agreement is reached. The union, Starbucks Workers United, indicated that workers in at least 25 cities plan to participate, with more locations potentially joining if progress is not made. Barista Lupe Gutierrez emphasized the importance of…
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IBM to cut thousands of jobs in fourth quarter
IBM has announced plans to reduce its workforce by potentially thousands of positions in the fourth quarter as it shifts focus towards its more profitable software sector. Despite a 35% increase in its shares this year, the company has faced a slowdown in its key cloud software growth, raising concerns among investors about future performance….
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Amazon transforms Vancouver’s historic hub
The former Canada Post hub in downtown Vancouver has been transformed into a tech hub for Amazon. Mark Thompson, partner at MCMP Architects, noted: “This building, which was once all about physical communication, is now about digital communication.” Amazon has leased all 1.13m square feet of office space, with 4,500 employees currently working in the…
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Airlines call on government to end shutdown
Delta, United, and American Airlines are urging Congress to end the government shutdown immediately and pay air traffic controllers, who missed their first full paychecks last week. Controllers, already facing staffing shortages, are working mandatory overtime to maintain safety. Airlines warn prolonged shutdowns could cause holiday travel delays and cancellations, stressing both workers and the…
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Intel cuts staff in bid to revive fortunes
Intel is undergoing sworkforce reductions as part of a strategy to revive its fortunes under new CEO Lip-Bu Tan. The company plans to reduce its core workforce from 99,500 to 75,000 by the end of the year through layoffs and attrition. In a memo, Tan acknowledged the challenges faced by the business, saying: “We are…
