Vivek Sharma
The International Association of Machinists and Aerospace Workers’ (IAM) Coalition of Organized Retail Employees (IAM CORE) has reached a tentative labor agreement with Apple. This agreement is a significant step forward for the workers at the Towson, Maryland Apple retail store, who became the first in the country to unionize in June 2022. Key Read more: IAM CORE, U.S. Union and Apple reached a tentative labor agreement ..
Italian prosecutors in Milan have opened a second investigation into Amazon for suspected tax evasion. This is separate from the recent seizure of €121 million from another Amazon unit due to allegations of tax fraud and illegal labor practices. The Second Investigation is new investigation is unrelated to the previous one and focuses on potential Read more: Amazon to face another Investigation in Italy for suspected tax evasion..
Power Grid Corporation of India, the state-run power transmission major, has reported a 3.5% increase in consolidated net profit for the first quarter of fiscal year 2025. The profit rose to ₹3,724 crore, compared to ₹3,597 crore in the same period last year. This increase was mainly driven by a fall in expenses, despite a Read more: Power Grid Corp Q1 reports 3.5% increase in profit as expenses fall – Stock to Watch..