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May 16 – According to the New York Times, the Trump administration is considering establishing a $1.7 billion fund to compensate allies investigated by the Justice Department during former President Bidens term, a move that would create a moral, legal, and political minefield for Republicans and Justice Department leadership. According to three people familiar with the matter, this unusual plan has not yet been finalized or approved. Democrats and former administration officials have criticized the plan as a massive, taxpayer-funded secret political fund. The proposal is a response to various allegations brought by President Trump against the federal government he controls. He has sought compensation for leaked tax returns during his first term, post-leave investigations into his handling of classified documents, and investigations into potential ties between his 2016 campaign and Russia. The idea of establishing a government fund to pay Trumps political allies has gained increasing support internally as the Justice Department and the White House attempt to resolve Trumps $10 billion lawsuit against the IRS, which he filed in January. Officials familiar with the details revealed that establishing a compensation fund for Trumps allies, but not for the president himself, could provide a short-term solution, allowing the president to obtain tangible benefits from the lawsuit before a judge dismisses it.Market news: BlackRocks private credit fund valuation is under investigation by the U.S. Department of Justice.According to SEC filings, Berkshire Hathaway reduced its stake in Chevron (CVX.N) by 35.2%, down to 84.4 million shares.SEC filings show that Berkshire Hathaway has sold off all of its Amazon (AMZN.O) shares.S&P: As a major net exporter of crude oil and an emerging producer of refined products, Nigeria has been less affected by the Middle East conflict.

Boston Activision Studio Employees Announce Unionization

Charlie Brooks

Dec 29, 2022 11:08

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The majority of employees at the newly purchased studio Proletariat by video game publisher Activision Blizzard Inc (NASDAQ:ATVI) announced on Tuesday that they are creating a union with the Communications Workers of America.


The Boston-based firm would become the third Activision Blizzard unit to seek unionization.


The 57 members of the Proletariat unit, which includes animators, designers, engineers, producers, and quality assurance employees, have filed with the National Labor Relations Board for a union election (NLRB).


Activision stated that it has received the petition and will respond to the NLRB in the coming days.


Activision announced in early July that it has hired Proletariat to boost the production pipeline for its massively multiplayer online role-playing game "World of Warcraft."


Workers who test games at Activision's affiliate Blizzard Albany have decided to become a union, months after the firm launched unionization negotiations with employees at its Wisconsin operation.


Microsoft Corp (NASDAQ:MSFT) has agreed to acquire Call of Duty developer Activision for $69 billion, despite antitrust opposition from the Federal Trade Commission (FTC), the European Union, and the Competition and Markets Authority of the United Kingdom.

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