Another 712,000 Americans filed for unemployment benefits last week

The number of Americans applying for state unemployment benefits dropped last week, even as a surge in coronavirus cases and colder weather continue to threaten the labor market’s recovery from the pandemic. The latest jobless claims figures from the Labor Department, which cover the week ending Nov. 28, show that 712,000 workers sought aid last

DOJ accuses Facebook of discriminating against American workers, giving high-paying jobs to H-1B visa holders

The Trump administration is suing Facebook for allegedly hiring immigrant workers for high-paying jobs rather than looking for Americans to fill the role. The Justice Department, in a 17-page complaint filed Thursday, accused the social media giant of inadequately advertising some 2,600 positions that were filled immigrants with H-1B high skill visas. “Facebook intentionally created

Walmart delivers new bonus pay, lifting total to $2.8B for 2020

Walmart is delivering an additional $700 million in cash bonuses to U.S. associates this holiday season for their “sustained commitment” during the coronavirus pandemic. Roughly 1.5 million Walmart and Sam’s Club associates working in the company’s stores, clubs, distribution centers and fulfillment centers will be rewarded with another bonus right on Christmas Eve. Full-time hourly

Facebook, Google to face new antitrust suits in US

WASHINGTON—Big Tech’s legal woes are expected to worsen in the coming weeks as federal and state antitrust authorities prepare to file new lawsuits against Facebook Inc. and Alphabet Inc.’s Google, people familiar with the matter said. The authorities are readying as many as four more cases targeting Google or Facebook by the end of January,

Snapchat launches TikTok-like feature ‘Spotlight’

Snap Inc on Monday rolled out a feature, “Spotlight”, that would allow users to share short-form videos publicly in its Snapchat app, adding a service that would compete with ByteDance-owned TikTok and Instagram Reels. Users, who could previously share snaps or stories with friends, can now share them directly to Spotlight and garner more followers,