Private Equity Is Starting to Share With Workers, Without Taking a Financial Hit

Private Equity Is Starting to Share With Workers, Without Taking a Financial Hit

In 2018, Anna-Lisa Miller was working with agricultural cooperatives in Hawaii, helping them reinvest in their communities through shared ownership. Ms. Miller, who had gone to law school and had planned to do civil rights litigation, loved the principle of workers partaking in the financial success of their employers, and the next year joined Project…

Bangladesh appeals court grants bail to Nobel laureate Muhammad Yunus in labor case

Bangladesh appeals court grants bail to Nobel laureate Muhammad Yunus in labor case

DHAKA, Bangladesh — An appeals court in Bangladesh on Sunday granted bail to Nobel laureate Muhammad Yunus, who had been sentenced earlier to six months in prison for violating the country’s labor laws. The court also agreed to hear an appeal against his sentencing. Yunus who pioneered the use of microcredit to help impoverished people,…

Houthi attacks in the Red Sea are idling car factories and delaying new fashion. Will it get worse?

Houthi attacks in the Red Sea are idling car factories and delaying new fashion. Will it get worse?

WASHINGTON — Car factories have idled in Belgium and Germany. Spring fashion lines are delayed at a popular British department store. A Maryland company that makes hospital supplies doesn’t know when to expect parts from Asia. Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related…

Vince McMahon sex abuse ‘in its own class,’ accusers lawyer claims

Vince McMahon sex abuse ‘in its own class,’ accusers lawyer claims

The lawyer who represents a former WWE employee who claims she was sexually abused and trafficked by Vince McMahon said the “depravity” her client endured over the years is “in its own class.”  Ann Callis, an attorney for ex-WWE staffer Janel Grant, said she previously worked for nine years as a criminal felony judge overseeing…

Crew extinguish fire on tanker hit by Houthi missile off Yemen after US targets rebels in airstrike

Crew extinguish fire on tanker hit by Houthi missile off Yemen after US targets rebels in airstrike

JERUSALEM — The crew aboard a Marshall Islands-flagged tanker hit by a missile launched by Yemen’s Houthi rebels extinguished an hourslong fire onboard the stricken vessel Saturday sparked by the strike, authorities said. The attack on the Marlin Luanda further complicated the Red Sea crisis caused by the Iranian-backed rebels’ attacks over Israel’s war on…

German train drivers will end 6-day strike early, resume talks with railway operator

German train drivers will end 6-day strike early, resume talks with railway operator

BERLIN — Germany’s train drivers’ union is ending its six-day strike early and is back in talks with the country’s national railway operator, German news agency dpa reported Saturday. The strike by the GDL union on passengers trains, which has brought the country to a near standstill since early Wednesday, will end Monday morning at…

A COVID-era program is awash in fraud. Congress aims to wind it down and expand the child tax credit

A COVID-era program is awash in fraud. Congress aims to wind it down and expand the child tax credit

WASHINGTON — When IRS Commissioner Danny Werfel met privately with senators recently, the chairman of the Senate Finance Committee asked for his assessment of a startling report: A whistleblower estimated that 95% of claims now being made by businesses for a COVID-era tax break were fraudulent. “He looked at his shoes and he basically said,…

Alaska Airlines has begun flying Boeing Max 9 jetliners again and United flies plane on Saturday

Alaska Airlines has begun flying Boeing Max 9 jetliners again and United flies plane on Saturday

Alaska Airlines has begun flying Boeing 737 Max 9 jetliners again since they were grounded after a panel blew out of the side of one of the airline’s planes. The airline said in a statement that it has completed its final inspection of their group of the aircraft. They said they resumed flying the Max…

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