Amazon rolls out broad-based pay raises for warehouse workers across its fulfillment network

Amazon workers of all types have been agitating for higher pay for years. The e-commerce giant has about 750,000 warehouse workers in the US. Amazon tries to balance trimming costs across its warehouse network with the need to retain staff. Workers at Amazon warehouses across the country will receive hourly pay raises, the company told … Read more

Asian shares slip following broad decline on Wall Street

Asian shares fell Monday after another week of sizable losses on Wall Street, as investors braced for another interest rate hike by the U.S. Federal Reserve. Japan’s markets were closed for a holiday. Oil prices and U.S. futures declined. On Friday, a stark warning Friday from FedEx about rapidly worsening trends in the economy gave … Read more

England ‘frustrated’ to be held up by bad light, says Stuart Broad

Stuart Broad described the England dressing room as “disappointed and frustrated” after bad light halted the final Test against South Africa with the home side 33 runs from victory. England had all 10 second-innings wickets in hand and the batters were seeing the ball well enough to have hit five boundaries in the final three … Read more

Bitcoin, Ether fall in broad crypto pull back; memecoins reverse gains

Bitcoin and Ether continued their weekly slide, while all other top 10 cryptocurrencies by market capitalization fell in Friday morning trading in Asia. The world’s number one cryptocurrency fell below US$23,000 for the first time in over a week. Investors remain tentative about macroeconomic trends – inflation and interest rates in the U.S. and a … Read more

Sensitive data ruling by Europe’s top court could force broad privacy reboot

A put out yesterday by the European Union’s top court could have major implications for online platforms that use background tracking and profiling to target users with behavioral ads or to feed recommender engines that are designed to surface so-called ‘personalized’ content. The impacts could be even broader — with privacy law experts suggesting the … Read more

Biden hails economic bill amid signs of broad Dem support

WASHINGTON (AP) — President Joe Biden hailed a nascent , health care and tax initiatives as “a giant step forward” for the country Thursday as congressional leaders began nailing down votes for a campaign-season bill they’ve cast as a boon for voters struggling with inflation. A day after Senate Majority Leader Chuck Schumer and conservative … Read more

Broad bowls most expensive over in test cricket history

BIRMINGHAM, England (AP) — England fast bowler Stuart Broad conceded 35 runs against a merciless Jasprit Bumrah in the most expensive over ever bowled in test cricket on Saturday. Broad had already celebrated his 550th test wicket on the second day of the series-deciding fifth test at Edgbaston against India before his disastrous over late … Read more