labor and employment

House Panel alleges Commanders owner Dan Snyder fostered toxic workplace and 'conducted a shadow investigation' targeting accusers

House Panel alleges Commanders owner Dan Snyder fostered toxic workplace and ‘conducted a shadow investigation’ targeting accusers

CNN — House Oversight Committee Chairwoman Carolyn Maloney charged in a hearing on Wednesday that Washington Commanders owner Dan Snyder “himself fostered” the football team’s “toxic workplace” and then “conducted a shadow investigation to target his accusers, pin the blame on others, and influence the NFL’s own internal review.” Maloney said that Snyder “fired women …

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The CEO who fired 900 people over Zoom is accused of misleading investors

New York CNN Business — Vishal Garg, the Better.com CEO who fired 900 employees over Zoom just before Christmas, has been sued by a former executive for allegedly misleading investors. The SoftBank-backed online mortgage company agreed to a $7.7 billion merger with a blank-check firm to take the company public just over a year ago, …

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CEOs are enjoying huge paydays while their workers struggle to pay bills

New York CNN Business — Despite all the buzz about the “Great Resignation” and a renaissance for the working classes in America, a new report finds the gap between executive and worker pay is only widening. The typical low-wage worker’s pay didn’t keep pace with inflation last year at more than a third of the …

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America’s employers keep hiring despite high costs and a potential recession

New York CNN Business — America’s employers are expected to have added hundreds of thousands of jobs in May, even in the face of high inflation, a potential recession and a new phase in the pandemic economy. The closely watched monthly employment report from the Bureau of Labor Statistics is due to be released Friday …

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Johnny Depp and Amber Heard: Can their careers survive the trial?

Johnny Depp and Amber Heard: Can their careers survive the trial?

CNN — After six weeks of testimony in a defamation trial that has aired the good, bad and the very ugly of Johnny Depp and Amber Heard’s former relationship, the case is now in the hands of the jury. Whatever the verdicts in Depp’s $50 million suit and Heard’s $100 million countersuit, something else is …

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Remote work played a key role in fueling the pandemic surge in home prices

CNN — The pandemic changed the way people lived and, for many, where they lived. Working from home was a significant driver of this “Great Reshuffling” and accounted for more than half of the steep increases in home prices seen during the pandemic, new research has found. Remote work allowed some people to move to …

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