Alibaba says Singles Day sales were in line with 2021
November 14, 2022
Alibaba for the first time this year since kicking off Singles Day in 2009 has chosen not to disclose its final sales figures for the sales promotion. The Chinese e-commerce giant said that this year’s numbers were in line with its 2021 results.
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The United Auto Workers (UAW) has lodged a formal complaint against Mercedes, alleging that the company interfered with a recent union election at two Alabama factories by intimidating and coercing workers into voting against unionization. The union is seeking a new vote, arguing that the company’s actions violated labor laws and hindered a fair election process.
Citigroup Requiring All Employees to Return to Office
Citigroup is set to bring 600 of its U.S. employees back to the office full-time, signaling a shift in Wall Street’s work culture as regulatory requirements tighten. This move comes as the Financial Industry Regulatory Authority (FINRA), the primary watchdog for U.S. brokerage firms and exchange markets, prepares to reinstate pre-pandemic rules to monitor workplaces effectively. These changes make it challenging for roles like trading to be performed remotely.
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