Business

Tesla is embroiled in a fresh class action lawsuit alleging numerous wage law violations for its California factory and warehouse workers, amidst ongoing accusations of workplace discrimination and anti-union practices. The lawsuit seeks over $5 million in damages, highlighting issues such as unpaid overtime and lack of meal breaks. Tesla is currently embroiled in a newly proposed class action lawsuit …

The FTX estate has executed a significant sale of SOL tokens, amounting to $1.9 billion, as part of its efforts to address the debts from the cryptocurrency exchange’s collapse. The move attracted substantial buyer interest, including a notable investment from Galaxy Trading. The FTX estate has liquidated approximately $1.9 billion in SOL tokens as part of its strategy to mitigate …

Procter & Gamble announces a voluntary recall of select laundry detergent pods, including Tide and Gain, due to packaging defects that pose safety risks. The company urges consumers to check products and offers refunds and safety measures amid assessments of financial stability and market performance. Procter & Gamble (P&G) has announced a voluntary recall of specific lots of its widely …

An Italian court has placed Giorgio Armani Operations, part of the Armani Group, under judicial administration for a year due to allegations of indirectly outsourcing production to Chinese companies involved in worker exploitation. On Friday, an Italian court took action against a company within the Armani fashion empire, alleging it indirectly outsourced production to Chinese entities accused of exploiting labor. …

Paradigm, a leading force in the crypto venture capital space, is poised to unveil a new investment fund targeting $750 to $850 million, marking a significant reentry into cryptocurrency investments amid a recovering market. Paradigm, a leading venture capital entity in the cryptocurrency sector, is making strides to reestablish its presence in the crypto venture capital landscape.  Recent reports indicate …