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About 15,800 drivers have submitted arbitration claims with the American Arbitration Association, seeking compensation from Amazon for unpaid wages, overtime and work-related expenses such as mileage and cellphone use, the lawyer said. Amazon does not provide Flex drivers with 10-minute rest breaks when their shift lasts longer than 3.5 hours, one of the drivers said in its arbitration claims. A claim said that Amazon does not provide 30-minute meal breaks for drivers who work more than five hours a day, whereas another claim alleged that Amazon fails to provide itemized wage statements required by California law...
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More than 15,000 Amazon contract drivers filed arbitration claims against the e-commerce giant on Tuesday, alleging Amazon classified them as independent contractors instead of employees with minimum wage and overtime rights...
Continue ReadingA lawyer representing Musk filed a request for dismissal of a lawsuit that challenged the ChatGPT owner’s relationship with Microsoft, according to court documents...
Continue ReadingApple (AAPL) CEO Tim Cook redefined the meaning of AI in his keynote address at the company's Worldwide Developers Conference (WWDC), where Apple showcased its newest "Apple Intelligence" features and capabilities. Shares of Apple surged to an all-time high Tuesday. Synovus Trust Senior Portfolio Manager Dan Morgan explains to Yahoo Finance why Apple's foray into artificial intelligence is still a good thing despite being late to the game. "Instead of hitting like a grand slam home run like Nvidia (NVDA) with a Blackwell chip or Microsoft (MSFT) buying ChatGPT, they're [Apple] going to do it a little bit at a time with their current product mix, and they outline that roadmap at the meeting," Morgan says. "So I think it's a positive. It gets a new frame of thought surrounding Apple stock in terms of their AI initiatives," For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan...
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Most companies have a short lifespan before falling victim to the latest technology—this year's Fortune 500 list proves otherwise...
Continue ReadingThis is what could happen next to Alphabet shares...
Continue ReadingWILMINGTON, Delaware (Reuters) -Elon Musk made billions of dollars by selling Tesla stock using insider information, an institutional shareholder accused in a lawsuit filed on Tuesday, asking the court to direct the Tesla CEO to return "unlawful profits." The lawsuit comes two days before a critical vote by Tesla shareholders on whether to reinstate Musk's $56 billion pay package, after a Delaware judge voided it in January because she found that Musk had improperly controlled the process. Musk and his brother, Kimbal Musk, a Tesla director, sold a combined $30 billion in the electric vehicle maker's stock between late 2021 and the end of 2022, cashing in before news that would cause the stock to fall became public, according to the lawsuit, which was filed by the Employees' Retirement System of Rhode Island (ERSRI)...
Continue ReadingApple's (AAPL) stock spiked +7% today to fresh 52-week highs after the renowned iPhone maker announced a partnership with OpenAI to integrate ChatGPT into its iconic product line and services...
Continue ReadingIf you can’t beat them, join them.. Musk drops lawsuit after raising billions for his artificial intelligence company...
Continue ReadingIn the closing of the recent trading day, Tesla (TSLA) stood at $170.66, denoting a -1.8% change from the preceding trading day...
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