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Proxy advisers warn Starbucks over risks from ongoing labor disputes
Starbucks is facing warnings from proxy advisory firms regarding potential financial and reputational risks linked to ongoing labor disputes with its U.S. union. Contract talks have stalled for over a year, but recent discussions are set to resume following a new proposal from the union. Analysts from Institutional Shareholder Services (ISS) raised concerns about the…
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HSBC scraps work from home for client-facing staff in Hong Kong
HSBC has announced that customer-facing staff in Hong Kong must return to the office five days a week, effective April 1. An internal memo outlined that managing directors and senior staff with direct reports should be in the office at least four days a week, while other staff must attend at least three days weekly….
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Staff blamed for erroneous Navy escort post
A spokesperson at the Department of Energy has said staff were ?responsible for a quickly-deleted post on Energy Secretary ?Chris Wright’s official X account that had ?incorrectly stated that the U.S. Navy ?had escorted an oil tanker through the Strait ?of Hormuz. “A video clip was deleted from Secretary Wright’s official X account ?after it…
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Mercedes-Benz settles alleged union-busting case
Mercedes-Benz has reached a settlement with the National Labor Relations Board, agreeing not to make anti-union threats following the UAW’s unsuccessful attempt to organize at its Vance, Alabama, plant. The settlement requires Mercedes to inform employees of their union organizing rights. A notice to be distributed states: “WE WILL NOT threaten you with the closure…
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Seoul court rules on rescinding of job within minutes
A Seoul Administrative Court has ruled that rescinding a job offer just four minutes after it was granted constitutes unfair dismissal. The case involved an applicant who received a job offer via text from the company’s CEO, only to have it cancelled shortly after. “Once an employment contract is formed by a notice of acceptance,…
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Overhauled visa system to get its first major test
The Trump administration’s changes to the U.S. visa system for highly skilled immigrants are set to be tested with the upcoming H-1B lottery. This year, sponsors must pay a $100,000 fee, which is expected to disadvantage IT consulting firms that have previously dominated the visa allocation. “This is going to be a bit of a…
