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GM increases wage offer ahead of UAW strike deadline
  • 14th Sep 2023

GM increases wage offer ahead of UAW strike deadline

General Motors (GM) has increased its contract offer to a 20% wage hike for US autoworkers in a bid to avoid a strike. Ford Motor has also confirmed it offered a 20% hike and other benefits. The United Auto Workers (UAW) is demanding 40% raises and major improvements in benefits. The UAW has outlined plans for a series of strikes targeting individual auto plants if agreements are not reached. The UAW is asking for 40% raises and major improvements in benefits. A full strike would hit earnings at each affected automaker by about $400 million to $500 million per week.

Nvidia, Adobe Companies Join White House AI Standards Agreement
  • 12th Sep 2023

Nvidia, Adobe Companies Join White House AI Standards Agreement

Chipmaker Nvidia and seven other companies have agreed to a set of artificial intelligence (AI) standards led by the White House. The standards include requirements to disclose AI-generated content, share vulnerabilities, and commit to external testing before releasing products. The companies joining the agreement include Adobe, Palantir, IBM, and Salesforce. The White House has been engaging with industry on AI development and is promoting steps to ensure AI safety and security. The agreement will go into effect immediately and requires companies to prioritize research into minimizing harm and addressing security challenges.

Labor Day: The Significance and Reason We Celebrate
  • 4th Sep 2023

Labor Day: The Significance and Reason We Celebrate

Labor Day, which is often associated with sales and barbecues, actually has its roots in the 19th-century fight for fair working conditions. It was originally designed to honor workers and their contributions to society. The holiday evolved over time and became less associated with unions, and the rule against wearing white after Labor Day has largely disappeared.

Bill Richardson, 75-year-old globe-trotting US diplomat, passes away
  • 2nd Sep 2023

Bill Richardson, 75-year-old globe-trotting US diplomat, passes away

Bill Richardson, a veteran Democratic politician and former US ambassador to the United Nations, has died at age 75. Richardson was known for negotiating the release of Americans detained around the world and was one of the highest-profile Latinos in US politics. He was also involved in efforts that led to the release of US basketball star Brittney Griner from a Russian prison. Richardson was praised for his dedication to public service and his ability to speak with anyone if it meant returning a person to freedom.

When is Labor Day 2023 in the US?
  • 28th Aug 2023

When is Labor Day 2023 in the US?

Labor Day 2023 marks the end of summer and celebrates workers' contributions. Enjoy the long weekend with family and friends!

Clarence Avant, 'Black Godfather' of Entertainment and Philanthropist, Passes Away
  • 14th Aug 2023

Clarence Avant, 'Black Godfather' of Entertainment and Philanthropist, Passes Away

Clarence Avant, the influential "Black Godfather" of music and entertainment, has died at the age of 92. Avant helped launch the careers of Quincy Jones, Bill Withers, and many others. He was known for his behind-the-scenes work as a manager, adviser, and facilitator in the industry. Avant's legacy extends beyond music, as he also made significant contributions to sports and politics. His family released a statement expressing their sorrow over his loss and celebrating the impact he had on the world.

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