Co-Written / Partner Highlight your exceptional homegrown business on the Hong Kong National Business Awards 2024 The esteemed awards programme returns, looking for to illuminate the town’s most exceptional firms. Starting 2025, employers are no longer allowed to offset long service and severance funds from its Mandatory Provident Fund contributions. After 30 years of furniture firms trying to dethrone it, a contender has lastly arrived. Google and XPRIZE want to reward people who can figure out real-world applications for complicated technology. The current drama between Musk and Altman unfolded just weeks after OpenAI finalized a deal valuing the company at $80 billion.

• The founders of Rothy’s, Stephen Hawthornthwaite, who is chief government, and Roth Martin, the president, will remain important owners and continue to oversee operations, they stated in an interview.
• On Saturday, hours after the appeals court docket ruling, the Labor Department’s Occupational Safety and Health Administration urged employers to start out working to get in compliance.
• A SpaceX spokesman shared an email despatched to workers Monday evening that mentioned the 132 positive circumstances had occurred since September.
• Roberto Funari, the chief government of Alpargatas, stated the deal would enable his firm to broaden its footwear past the long-lasting flip-flops.
• Her former business partner and boyfriend, Ramesh Balwani, was indicted alongside her in 2018.

The New York City mandate, which requires on-site staff at all businesses to be vaccinated, is the country’s most sweeping local vaccine mandate and impacts some 184,000 companies. Rothy’s, which introduced in about $140 million in internet revenue within the yr main up to November, is “meaningfully profitable,” Mr. Hawthornthwaite said. The company has taken on $5 million from outdoors buyers since its inception, and will put proceeds from the Alpargatas deal into model promotion and use the Havaianas network to increase its retail presence. During an earlier part of the pandemic, Mr. Musk, SpaceX’s founder and chief govt Business News, balked at restrictions in California meant to curb the unfold of the coronavirus. In May final 12 months, Mr. Musk, also the chief govt of Tesla, the electric carmaker, defied a public well being order by resuming production on the company’s Fremont factory regardless of county restrictions that may have prevented workers from working. At least 132 staff at SpaceX’s Southern California headquarters have tested positive for the coronavirus in latest months according to info on outbreaks of the virus posted on a Los Angeles County website.