Elon Musk’s Outbreak Against Teleworking For Tesla Employees

In a caustic email to his employees, the Tesla boss urges them to be in the office “at least” 40 hours a week, otherwise they would be considered “quitting.” Tesla chief executive Elon Musk has urged employees to return to the office or leave the company, an email sent to employees and circulating on social … Read more

New record for dividends paid worldwide in the first quarter

Disbursements to investors rose 11% to $302.5 billion in the first three months of the year. The size of dividends paid to shareholders in the first quarter hit a new global record thanks to the strength of the oil and mining sectors and the post-Covid-19 recovery, according to a study published on Tuesday. Investor payouts … Read more

The Pimkie brand offered for sale by the Mulliez family

The brand, which has 232 owned stores and 81 affiliated stores for 1,500 employees, has been in trouble for more than a decade. The Mulliez Family Association (AFM) is looking for a buyer for its troubled womenswear brand Pimkie for more than a decade, management and unions said on Monday, confirming information from trade publication … Read more

The Pimkie brand offered for sale by the Mulliez family

The brand, which has 232 owned stores and 81 affiliated stores for 1,500 employees, has been in trouble for more than a decade. The Mulliez Family Association (AFM) is looking for a buyer for its troubled womenswear brand Pimkie for more than a decade, management and unions said on Monday, confirming information from trade publication … Read more

Abbott CEO apologizes

The country’s main factory was closed due to ill health after the death of two babies, causing serious inventory shortages. The CEO of baby milk maker Abbott on Saturday apologized to American families affected by shortages of this essential infant product, made worse by the closure of one of the company’s factories in the United … Read more

Abbott CEO apologizes

The country’s main factory was closed due to ill health after the death of two babies, causing serious inventory shortages. The CEO of baby milk maker Abbott on Saturday apologized to American families affected by shortages of this essential infant product, made worse by the closure of one of the company’s factories in the United … Read more

Elon Musk is accused of sexual harassment and exhibitionism and reacts on Twitter

SpaceX reportedly paid one of its flight attendants $250,000 not to sue Elon Musk after he made sexual advances to her, Business Insider reports. An article by American outlet Business Insider claims that in 2018, a flight attendant employed by SpaceX was paid $250,000 by the company in exchange for her silence after sexual advances … Read more

Air France-KLM will pocket 500 million euros with their engines

The airline is contributing the Apollo fund to one of its subsidiaries that owns spare engines. With this transaction, the Franco-Dutch group will repay part of its government loans. Capital increase, issue of perpetual bonds and refinancing of assets in the amount of 500 million euros: Air France KLM, when presenting the results of the … Read more

Vallourec cuts 3,000 jobs and closes the Saint-Saulve plant

The oil services company says it can no longer produce competitive steel pipes in Western Europe. Less than two years after an earlier redundancy plan, Vallourec announced on Wednesday the cessation of its European seamless tube manufacturing operations. This will lead to the closure of several factories, including in Germany and Saint-Saulve (north), he said. … Read more

Another fall of Orpea on the stock exchange after financial disclosures by Mediapart

Orpea stock fell 13% on Wednesday afternoon after Mediapart revelations that a Luxembourg investor from Ehpad’s group carried out “questionable operations”. Stock Orpea fell 13% on the Paris Stock Exchange on Wednesday afternoon, weighed down by revelations from Mediapart that the private group of retirement homes is at risk of collapse.financial scandal“because of a Luxembourg … Read more