Russia to fine Google up to 20% of annual turnover for failing to delete banned content
The watchdog highlighted Google had failed to pay $458,100 (32.5 million rubles) in penalties levied earlier this year. The latest fine may be as much as $240 million, marking a significant increase from the previous penalty.Earlier this month, Roskomnadzor announced plans to ask a court to impose a turnover fine on social media firm Facebook, citing legislation signed by Russian President Vladimir Putin in December 2020. Facebook was accused of allowing content glamorizing drug use, child pornography, and extremism. Also on rt.com Facebook could face millions of dollars in fines from Russia for failing to delete banned content, Moscow's media regulator warns “A similar case will be put together in October against Google,” the … [READ MORE...]
Axel Springer Removes Julian Reichelt After Times Report
Despite the apparent threat, Deirdre Latour, a company spokeswoman, said that “they will not go after whistle-blowers or anybody who brings forward complaints.”Mr. Reichelt took a leave of absence in March after Der Spiegel, a German newsmagazine, reported that Axel Springer was investigating allegations of abuse of power and complaints that he had relationships with female employees.Twelve days later, he returned after the investigation, conducted with help from the Freshfields law firm, concluded that Mr. Reichelt had mixed his personal and professional lives but had not broken any laws. The investigation found no evidence of sexual harassment or coercion, Axel Springer said at the time.Mr. Reichelt “made mistakes,” Mr. Döpfner, the chief executive, said in a statement in March. … [READ MORE...]
Magic Johnson Talks Business, Basketball and a Big Mistake With LeBron
I had offers before to own some of those teams and then I turned those offers down. But again, I love the game so much. I know the game. I know players. I know agents. The great thing about me, I’m set up where I know what works. I know what a winning and championship team looks like. So I know how to talk to the players — you can ask Julius Randle and Lonzo Ball and all those guys, because I’m happy to see them thriving and doing so well, and so just trying to help those guys reach their full potential. That was my role, and then you see them reaching it. So it was really good to see that.Is there anything you would have done differently during your time running the Lakers?No, I had a plan. We were over the salary cap. I had a plan to get us up out of the salary cap. We did that. I had to … [READ MORE...]
Latest News
The Economic Rebound Is Still Waiting for Workers
“They’re making a lot of profits in part because they’re saving on labor costs, and the question is how long can that go on,” said Julia Pollak, chief economist for the employment site ZipRecruiter. Eventually, she said, customers may get tired of busing their own tables or sitting on hold for hours, and employers may be forced to give into workers’ demands.Some businesses are already changing how they operate. When Karter Louis opened his latest restaurant this year, he abandoned the … [Read More...]
Biden’s Paid Leave Plan at Risk as Lawmakers Seek Cuts
Research on California, the first state to offer paid family leave, has mostly shown that paid leave has a positive effect on women’s wages and participation in the labor force. Nine states and the District of Columbia have passed paid leave programs.Christopher J. Ruhm, a professor of public policy and economics at the University of Virginia, found that under California’s paid leave law, new mothers who had worked during their pregnancy were estimated to be 17 percent more likely to have … [Read More...]
Debate Weighs Price of Biden’s Big Plan vs. Not Acting
Many Democrats fear the United States cannot afford to wait to curb climate change, help more women enter the work force and invest in feeding and educating its most vulnerable children. In their view, failing to invest in those issues means the country risks incurring painful costs that will slow economic growth.“We can’t afford not to do these kinds of investments,” David Kamin, a deputy director of the White House National Economic Council, said in an interview.Take climate change: The … [Read More...]
Biden’s Plans Raise Questions About What U.S. Can Afford Not to Do
Many Democrats fear the United States cannot afford to wait to curb climate change, help more women enter the work force and invest in feeding and educating its most vulnerable children. In their view, failing to invest in those issues means the country risks incurring painful costs that will slow economic growth.“We can’t afford not to do these kinds of investments,” David Kamin, a deputy director of the White House National Economic Council, said in an interview.Take climate change: The … [Read More...]
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Small Business
Magic Johnson Talks Business, Basketball and a Big Mistake With LeBron
I had offers before to own some of those teams and then I turned those offers down. But again, I love the game so much. I know the game. I know players. I know agents. The great thing about me, I’m set up where I know what works. I know what a winning and championship team looks like. So I know how to talk to the players — you can ask Julius Randle and Lonzo Ball and all those guys, because I’m … [Read More...]
parinThe Future Farmers of France Are Tech Savvy, and Want Weekends Off
Ms. Muret Béguin, who proudly hails from a farming family and cultivates about 500 acres of cereal grains, said that French farming had already evolved toward greater ecological sustainability, but that the general public wasn’t aware.Members of her group question the need for a campus like Hectar when, they say, state-certified agricultural schools that already teach farm management and … [Read More...]
Your Money
F.S.A. Limits in 2022: You May Be Able to Carry Over More Money
With annual open enrollment underway at many employers, workers should log on to their accounts or check with their employer to see how much money is available and decide whether to tweak their paycheck deductions for next year, Ms. Myers said.“Employees need to know their balances,” she said.Employers have generally said they are seeking to hold the line on increases in health insurance costs for … [Read More...]
E.S.G. Funds Could Be a Default Option for Retirement Plans, Labor Dept. Says
The proposed change indicates that plan managers are allowed to consider E.S.G. factors in their initial analysis of investments instead of only at the very end — a change that Labor Department officials argued still maintains that principle, because managers still are not permitted to sacrifice returns for those kinds of ancillary benefits.For example, the proposed rule said that accounting for … [Read More...]