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Judge rejects Boeing’s settlement deal
Boeing’s agreement to plead guilty to fraud following two fatal crashes of its 737 MAX jets has been rejected by U.S. federal judge Reed C O’Connor. The judge raised concerns over a diversity and inclusion provision in the deal, which required consideration of race in selecting an independent monitor to oversee Boeing’s compliance. O’Connor said:…
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Lockdown broke U.K.’s work ethic, former supermarket boss says
Lord Price, the former managing director of Waitrose who ran the U.K. supermarket from 2007 until 2016, has said Britain’s attitude to work has permanently changed since lockdown and Covid-era furlough schemes paved the way for a rising sick-note culture. Research from his think tank WorkL, which covered 100,000 companies across more than 100 countries,…
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UK is ‘widely underestimating’ risks from cyberattacks
Richard Horne, chief of the National Cyber Security Centre (NCSC), has issued a warning about the escalating cyber threats facing the UK from state actors like Russia and China, as well as online criminals. In his inaugural speech, he highlighted a “widening gap” between the threats and the defences in place, saying: “What has struck…
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Starbucks provides coffee and a window into the North to South Koreans
Starbucks has opened its newest store in Gimpo, South Korea, near the Demilitarised Zone (DMZ), allowing customers to see the heavily militarized border into North Korea. The store, which is located in a lesser-known area, is situated near a river designated as “neutral waters” and offers a glimpse of North Korean villagers through its telescopes….
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Workers indicate a growing preference for female bosses
Writing for the Wall Street Journal, Vanessa Fuhrmans looks at how female bosses have made gains this year. She says the most powerful recent shift may be that after years of favoring male leaders by sizable margins, workers now indicate a growing preference for female bosses in their daily work life. Given the choice, more…
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Boeing machinists end strike, return to work
Unionized machinists at Boeing have voted to accept a contract offer, ending a strike that lasted over seven weeks. Fifty-nine per cent of members approved the deal, which includes a 38% pay raise over four years and productivity bonuses. The International Association of Machinists and Aerospace Workers said: “It is time for our members to…
