Amazon was awarded compensation of more than $13 million to more than 40,000 employees due to baggage checks, and lawyers took 4.5 million

The U.S. Pennsylvania High Court ruled last week that Amazon must pay compensation to its warehouse workers for the time they spent on mandatory safety checks after each shift, totaling more than 13 million US dollars to settle a 10-year lawsuit. Amazon and its lawyers have argued that “employees are only paid for the work they put in, that is, packing boxes instead of standing at security checkpoints. This does not involve labor or hard work.” However, the court rejected this argument, ruling that under Pennsylvania law, “work time” includes time to wait for or undergo Amazon's daily bag checks. However, this case involved 4,200

新浪財經Jul 28, 2021 09:01

Tesla announces Megapack industrial-grade energy storage system pricing 2022 production capacity is sold out

Although Tesla's main business is electric vehicles, the company's renewable energy production and storage business is also growing rapidly. Recently, Tesla announced pricing for its Megapack industrial-grade battery energy storage system, starting at $1 million. The Megapack is a large 3 MW battery system with built-in systems to manage every aspect of charging and discharging. The annual maintenance fee for a set of Megapacks is $6,570, an increase of 2% per year. According to information revealed by Tesla CEO Elon Musk on Monday's earnings call, Megapack will reach the end of 2022

新浪財經Jul 28, 2021 08:25

Outlook for next week's US data: discussion on Fed changing interest rate expectations and reducing weight has begun

Economists Yelena Shulyatyeva, Andrew Husby and Eliza Winger wrote that the Fed's decision-making meeting in June was very important. Chairman Jerome Powell officially launched the reduction discussion, and FOMC participants decisively adjusted the time of interest rate hike to 2023. The latest news from the Federal Reserve shows that the inflation pain threshold of FOMC is lower than that implied by the previous "temporary inflation theory". Policy makers may say that policies need to take into account the severe surplus in the labour market, but their actions suggest that price inflation will not be allowed to go unchecked. According to the latest developments of the Federal Reserve

新浪財經Jun 19, 2021 03:14

The wealth of the 50 richest families in the US has grown 10 times faster than the average family in the past 30 years

According to a recent report by the American left-wing think tank Institute for Policy Studies (Institute for Policy Studies), the wealth of America's richest households is growing, and the growth rate is far greater than that of the average American household. To be precise, 10 times faster. The survey found that by the end of 2020, the 50 richest families in the US had total assets of 1.2 trillion US dollars. At the same time, about 65 million underprivileged American households had a total wealth of 2.5 trillion US dollars. The report studies the first ranking of America's richest families published by “Forbes” in December 2020

新浪財經Jun 17, 2021 14:20

Too much money in the market?! Analyst: The US financial system has excess cash, and the Federal Reserve may be forced to act

Original title: Too much money in the market?! Analyst: The US financial system has excess cash, and the Fed may be forced to act Source: FX168 After the sudden COVID-19 pandemic hit the world, the Federal Reserve proposed a series of easing measures. Currently, with economic redevelopment and the acceleration of vaccination, the recovery momentum has clearly increased, and speculations about when the Fed will tighten its policy are endless. Some analysts pointed out that the US financial system currently has too much cash, which may prompt the Federal Reserve to adjust its policy tools. According to the Financial Times, analysts say the Federal Reserve (Fed) may need to readjust its policy tools because the US

FX168May 24, 2021 20:07