VENTURE CAPITAL POST

American Airlines agreed to allot $4.2 billion worth in pay and benefits to its flight attendants after agreeing on a tentative deal.

A Pennsylvania-based federal judge ruled to decline calls to block bans on noncompete agreements issued by the Federal Trade Commission, which was a divergence from an earlier decision at a Texas counterpart earlier this month.

Following the landslide victory of the Labour Party in the United Kingdom’s general election earlier this month, British Prime Minister Sir Keir Starmer laid out the government’s plans to reinvigorate the country’s economy in this year’s State Opening of Parliament.

A 23-year-old Indonesian woman had an awkward experience during her flight back to Bali after she called in sick and encountered her boss who was flying on the same plane.

The unemployment rate in the Philippines was recorded at 4.1% as more Filipinos join the workforce and the labor market, while the underemployment rate decreased to 9.9% in May compared to 14.6% in April, the lowest it has been since 2005.

The Sofitel Philippine Plaza in Manila concluded its operations on June 30, 2024 after around half a century of hospitality in the Manila Bay area.

Several basic frontline jobs in Hong Kong’s civil service would be replaced with technology as part of the city’s efforts to restructure its workforce and make 2,000 positions redundant by the end of 2025.

Seven West Media, one of Australia’s top media networks, announced that it would be laying off 150 of its staff due to weak advertising and as a way of preparing for the end of its commercial deal with social media giant Meta.

Panera Bread recently announced that it was closing down its dough-making facility in Chandler, Arizona on Aug. 15, 2024, which also meant laying off all its 64 employees.

The owners of No Name Sports Bar, a hospitality establishment in Sebastian, Florida, received a lawsuit from two of its former employees for their alleged disability discrimination.

Telstra announced that it will cut 2,800 jobs by the end of 2024, especially products and services in its enterprise business.

White House officials said the Biden administration would impose a massive tariff increase on Chinese electric vehicles in an announcement on May 14.

A cleaning company in Tennessee has agreed to pay nearly $650,000 after a federal probe found it had employed over 20 children to clean dangerous slaughterhouses in Virginia and Iowa.

Australia's employment fell in March following a big surge in February, while the jobless rate rose.

The government said in 2025 that Singaporean companies must pay overseas CEOs and experts greater salaries.