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Vancouver, Canada – Nearly three weeks after flight attendants went on strike against Canada’s largest airline, Air Canada workers are voting on a contract to resolve the dispute, which galvanised the country’s labour movement.Roughly 10,500 flight attendants launched a three-day strike on August 16, during the country’s peak month for air travel. After a day on picket lines, Ottawa ordered them back to work — but union leaders refused, risking jail and fines.Recommended Stories list of 4 itemsend of listNow the tentative agreement they reached on August 19 is up for a vote among union members. Voting ends Saturday, and results…
US tech giant says jury decision misunderstands its products and it will appeal.Published On 4 Sep 20254 Sep 2025Google has been told by a US jury to pay $425m for violating the privacy of tens of millions of users who opted out of a feature tracking app use.The jury in San Francisco handed down the verdict on Wednesday after a group of Google users accused the tech giant of continuing to collect data from third-party apps even when they changed their account settings to prevent the practice.Google said the decision misunderstood how its products work and that it planned to appeal.“Our privacy…
OpenAI has announced plans to introduce parental controls for ChatGPT amid growing controversy over how artificial intelligence is affecting young people’s mental health.In a blog post on Tuesday, the California-based AI company said it was rolling out the features in recognition of families needing support “in setting healthy guidelines that fit a teen’s unique stage of development”.Under the changes, parents will be able to link their ChatGPT accounts with those of their children, disable certain features, including memory and chat history, and control how the chatbot responds to queries via “age-appropriate model behaviour rules”.Parents will also be able to receive…
Trump orders removal of Fed governor Cook over mortgage fraud claims | Financial Markets
United States President Donald Trump has ordered the removal of Federal Reserve governor Lisa Cook amid unproven claims of mortgage fraud, an unprecedented move that immediately raised fears for the central bank’s independence.In a letter posted on social media on Monday night, Trump said Cook, one of the seven members of the Fed’s Board of Governors, was being sacked “effective immediately” in accordance with his powers under the US Constitution and the 1913 Federal Reserve Act.Citing claims aired last week by the US federal mortgage regulator, Trump said there was “sufficient reason to believe you may have made false statements…
Will Trump’s latest attack on the Fed erode central bank’s independence? | Donald Trump News
United States President Donald Trump has said he will fire Federal Reserve Governor Lisa Cook over unproven claims of mortgage fraud, an unprecedented step which could test the boundaries of presidential power over the central bank’s independence.In a letter posted on social media on Monday, Trump told Cook he has “sufficient cause to remove you from your position”. Trump claims that Cook misleadingly indicated that she intended to live in two homes as her primary residence in 2021.Cook, appointed to the Federal Reserve (or Fed) board in 2022 by former President Joe Biden, has yet to provide a detailed account of…
After a lackluster jobs report last month, Americans are less confident about short-term income and are spending less.Published On 26 Aug 202526 Aug 2025Americans are more pessimistic about the state of the United States economy after a weak jobs report showed cracks in the labour market.The Conference Board said on Tuesday that its consumer confidence index fell to 97.4 this month from an upwardly revised 98.7 in July.“Notably, consumers’ appraisal of current job availability declined for the eighth consecutive month,” said Stephanie Guichard, senior economist of global indicators at the Conference Board.“Meanwhile, pessimism about future job availability inched up, and…
Trump administration considers stake in defence firms like Lockheed Martin | Business and Economy News
Published On 26 Aug 202526 Aug 2025The administration of United States President Donald Trump is considering taking a stake in domestic defence contractors, including the aerospace company Lockheed Martin.On Tuesday, Secretary of Commerce Howard Lutnick hinted at the administration making a possible investment in the company as he defended Trump’s push for a greater role in business.“They’re thinking about it,” Lutnick told the news outlet CNBC when asked if the administration was considering taking pieces of contractors such as Lockheed Martin, Boeing or Palantir Technologies.While Lutnick cited Pentagon leaders as the source of his information, he also indicated that deals…
US restaurant chain abandons rebrand after new logo prompts firestorm of criticism online.Published On 27 Aug 202527 Aug 2025Cracker Barrel, the US restaurant chain known for its southern-style cuisine, has abandoned a controversial rebrand following a backlash stoked by prominent right-wing figures including Donald Trump.The Lebanon, Tennessee-based chain said on Tuesday that it would bring back its decades-old logo after its announcement of a simplified design provoked a firestorm of criticism online.“We said we would listen, and we have. Our new logo is going away and our ‘Old Timer’ will remain,” the company said in a statement.“At Cracker Barrel, it’s always been…
US chipmaker reports revenue of $46.74bn for second quarter, defying fears that AI may be overhyped.Published On 28 Aug 202528 Aug 2025Chip giant Nvidia has set a new sales record, a sign that demand for artificial intelligence remains strong despite fearsthe technology may be overhyped.Nvidia, the world’s most valuable company, on Wednesday reported revenue of $46.74bn for the three months that ended in July, a rise of 56 percent year-on-year.Profit for the quarter was $26.42bn, a yearly rise of 59 percent.Nvidia’s latest earnings report had been hotly anticipated as the tech giant is widely seen as a barometer of the…
Why investors are on tenterhooks for Nvidia’s latest earnings report | Business and Economy News
Chip giant Nvidia is set to release its latest earnings report – and the results could move the entire US stock market.Over the past two years, the chipmaker has risen to become the world’s most valuable company, with a market capitalisation of more than $4 trillion.When Nvidia announces its earnings on Wednesday, investors will get to see how the tech giant has been faring amid the tumult of President Donald Trump’s trade salvoes and concerns about whether artificial intelligence has been overhyped.Why is Nvidia so important?Nvidia specialises in making the graphics processing units (GPUs) that power AI, including the Blackwell…