March 23, 2023
CNN — A union representing 30,000 Los Angeles school custodians, canteen workers, bus drivers and other support staff launched a three-day strike with the support of the district’s teachers, effectively shutting down classes for more than half a million students in the second largest school system in the country. Members of local Union 99 of
READ MORE
Telecoms equipment maker Cisco is optimistic about the business outlook in India, where rapid digitization across sectors and 5G play are fueling sustainable growth, a top executive said on Monday, adding India is on track to become one of the top five markets for the company globally by 2025. On New Regulations in the Telecom
READ MORE
Forget the London Eye! In 2025, engineers plan to build in Seoul the world’s largest FERRIS FERRIS WHEEL without spokes, 591 feet tall, with stainless steel gondolas and city views. The futuristic Seoul Ring will be built in Seoul’s Haneul Park, South Korea. Its spokeless design differs from the traditional look of Ferris wheels. The
READ MORE
CNN — President Joe Biden plans to designate Avi Kwa Ame in Nevada as a national monument next week, according to a person familiar with the plans. The nearly half a million acres would be the largest area Biden placed under state protection since taking office. Earlier this week, the White House announced that Biden
READ MORE
Good morning. This article is a local version of our FirstFT Newsletter. Subscribe to our Asia, Europe/Africa P America edition to receive it straight to your inbox every weekday morning Good morning. Yesterday, investors lost $52 billion of the value of some of the largest US banks due to concerns about the size of their
READ MORE
Job cuts are a big concern for corporations. November saw the first wave of uneven culling in the tech sector. U.S. companies including Goldman Sachs, Microsoft and Amazon laid off nearly 103,000 people in January, the highest monthly rate since the height of the coronavirus pandemic. Now suffering is spreading as executives lurk in anticipation
READ MORE
K-pop supergroup BTS’s management agency HYBE said on Wednesday that it has become the largest shareholder in rival rival SM Entertainment, whose founder is mired in an unsightly power struggle within his company. SM was founded by Lee Soo Man, who is widely referred to as the “godfather of K-pop” and is credited with creating
READ MORE
Key points The study found that more than nine out of ten firms will continue with the reduced workweek or plan to do so. Productivity was unaffected by the lighter week, with the company’s revenue up 1.4% on average over the test period. The study also showed that hiring increased and absenteeism decreased. A four-day
READ MORE
It turned out that Yorkshire was the habitat of some fairly large feet, since it was here that a dinosaur footprint 2.6 feet (80 cm) long was discovered. This is the largest three-toed print ever found in the area and is thought to have been made while the theropod was crouching or resting 166 million
READ MORE
Michael Jordan celebrates its 60th anniversary in a big way. six-time NBA champion donated $10 million to the Make-A-Wish Foundation, the largest amount the organization has received in its 43-year history. “For the past 34 years, it has been an honor to partner with Make-A-Wish and help bring smiles and happiness to so many children,”
READ MORE