Business

Intern fired after racist cotton field tweet

A screen grab of the tweet she sent began circulating all over social media, so she made a decision to contact her supervisor's at Isagenix, where she was a paid intern, to notify them of what happened. The Spanish linguistics major said it was meant to be a joke, but prior to deleting it, a screenshot was taken and the photo went viral causing Escalante to be on the receiving end of the Internet's wrath.

Business

GM UAW announces contract negotiations

We first heard the rumors last week, and now they're confirmed: Fiat Chrysler will end production of the Dodge Viper in 2017. UAW Fiat Chrysler Automobiles US Vice President Norwood Jewell said , "UAW members at FCA have obtained a strong agreement that provides substantial wage gains, fairness in the workplace, and job security".

Business

Duke's $6.7B Piedmont purchase digs heels deeper into gas

Duke will also assume about $1.8 billion of Piedmont's net debt, giving the deal an enterprise value of $6.7 billion. Piedmont Natural Gas would retain its name, operate as a business unit of Duke Energy and maintain its presence and headquarters in southeast Charlotte.

Business

Fiat-Chrysler Strikes Deal with UAW

The UAW is moving on to GM after UAW-represented workers at Fiat Chrysler Automobiles (NYSE:FCAU) voted this week to approve their new contract. In a statement, Mr. Workers at plants across the country voted yesterday and today. $3000 bonuses are allocated to lower level workers and $4000 for senior workers. The contract was approved by 77% of UAW workers and provides for across-the-board pay raises for both hourly and salaried workers - the first raise for long-time workers in nine years ...

Business

India must grab chance to isolate Pakistan

Hashemi also listed pre-conditions for the Taliban, saying the Afghan government would hold  talks  with only those insurgents who laid down their arms and accepted the country's constitution. "The US has sold F-16s to  Pakistan  in the past". This move was panned as inane appeasement by the Republicans. " Pakistan  is raising a hue and cry in America but nobody is giving importance to them".

Business

Jasper aligns with IBM on IoT platform

Many of those already utilise, or plan to utilise IBM for their IoT application development and analytics. Once this solution is launched, which is expected to be later this year, enterprises will be able to move onto the IoT with all the services, infrastructure and security necessary to create an IoT business almost overnight, the companies claim.