Ukrainian President Volodymyr Zelenskiy arrived in Saudi Arabia to address an Arab League summit and to meet with

(Reuters) -Deep discounts on everything from beauty products and toys to electronics have enticed U.S. shoppers to splurge on Christmas

EVANSTON, Ill.--(BUSINESS WIRE)--Jul 17, 2023--

Volvo Group, one of the world’s largest truckmakers, has proposed that Par Boman be appointed its new chairman

Elon Musk’s X has agreed to attempt to settle a lawsuit by former employees who say the company cheated them of severance pay following mass layoffs. After taking over Twitter, which he rebranded X recently, Mr Musk cut nearly two-thirds of the social media company’s workforce from about 8000 to 2,000, claiming he had “no choice” as the company was losing $4m per day. “Everyone exited was offered 3 months of severance, which is 50 per cent more than legally required,” Mr Musk said. Many laid-off employees, however, publicly announced they never got the severance they were due to get. In the months that followed, the company was hit by several lawsuits, including one alleging the layoffs disproportionately targeted women. Now, months after urging Twitter, the company has agreed to try and settle, according to a memo sent by Shannon Liss-Riordan, who represents the laid-off workers. The labour and civil rights attorney, representing nearly 2,000 ex-employees, said X would attempt to settle with the laid-off staff. “After 10 months of pressing them in every direction we have succeeded in getting Twitter to the table,” she wrote in the memo cited by Bloomberg. Further schedule for the mediation remains unclear, but reports suggest negotiations could happen on 1 and 2 December. X did not immediately respond to The Independent’s request for comment. Some ex-employees have alleged Twitter did not pay them promised severance either. One employee said earlier this year that he had “never even seen a severance letter let alone been offered severance”. While some former staff attempted to resolve the issue by first filing a class-action lawsuit against X, their contracts with Twitter, however, required that disputes be resolved via arbitration. “We are very proud to be representing nearly 2,000 former Twitter employees, in individual arbitrations as well as more than a dozen class action lawsuits in court,” Ms Liss-Riordan had earlier said in a statement, adding that lawyers and former staff were working to recover “what they are owed”. Read More Musk the messiah (or a very naughty boy?) Elon Musk ignores reporter after claims he stopped Ukrainian attack on Russia Elon Musk was on brink of death after catching malaria on South African safari, book claims Musk the messiah (or a very naughty boy?) Elon Musk warns of ‘civilisational risk’ posed by AI at historic gathering Musk was on brink of death after catching malaria on safari, book claims

Thousands of hotel workers in Southern California walked off the job Sunday, demanding higher pay and better benefits in what the union is calling the largest strike in its history

Ever-increasing torrents of data from emerging markets hold the key to peer-beating returns, according to Man Numeric, a

The actors and writers strike have resulted in most Hollywood film and television productions being shut down, from the “Gladiator” sequel to the live action “Lilo & Stitch."

Hedge-fund manager George Jarkesy said he didn’t recall more than 800 times during questioning at the SEC about

Phil Spencer said Microsoft buying Nintendo would be "a good move for both companies".

BOGOTÁ, Colombia--(BUSINESS WIRE)--Jul 11, 2023--

By Mrinmay Dey Lawyers for FTX founder Sam Bankman-Fried rejected prosecutors' claims that his discussions with a New