A group of more than 20 current and former employees are accusing Jeff Bezos' Blue Origin rocket ship company of being a toxic work environment and not adhering to proper safety protocols.
The workers claim in an essay that there's sexism at the Kent, Washington, company. The employees, led by former head of Blue Origin employee communications Alexandra Abrams, state that “numerous senior leaders have been known to be consistently inappropriate with women." They also claim that many company leaders were “unapproachable" and showed clear bias against women.
There were also safety concerns, with the group stating that Blue Origin seemed more focused on beating billionaires Richard Branson and Elon Musk to space rather than tackling safety issues that would have slowed down the schedule.
Bezos blasted into space on July 21 on the 52nd anniversary of the Apollo 11 moon landing, a date he selected for its historical significance. Bezos held fast to it, even as Virgin Galactic’s Richard Branson pushed up his own flight from New Mexico and beat him to space by nine days.
The group said that last year company leaders seemed impatient with New Shepard rocket's schedule of a few flights per year, instead wanting more than 40. “Some of us felt that with the resources and staff available, leadership’s race to launch at such a breakneck speed was seriously compromising flight safety," they said.
Blue Origin said in a statement that it has no tolerance for any kind of harassment or discrimination and that it stands by its safety record. The company said it believes “New Shepard is the safest space vehicle ever designed or built."
The capacity to burn coal for power went up in 2022 despite global promises to phase down the fuel that’s the biggest source of planet-warming gases in the atmosphere, a report Wednesday found.
Rob Hocking, SVP, Head of Product Innovation at CBOE, joins Cheddar News to break down how the VIX is calculated, what role the VIX plays in the options market, and how investors can use the VIX Index to manage risk.
Adam Coons, chief portfolio manager of Winthrop Capital Management, joined Cheddar News to discuss Wednesday's market session amid weak job market data and what lies ahead in the near-term future.
In a clash of fast casual titans, Chipotle Mexican Grill is filing a lawsuit against Sweetgreen for trademark infringement. The salad purveyor recently released a meal offering called "Chipotle Chicken Burrito Bowl," which Chipotle said is being marketed in a "very similar" way as its own products and includes many of the same ingredients.
The number of Americans applying for unemployment benefits fell this week as the labor market continues to hold up in the face of the Federal Reserve aggressive campaign to cool the economy and bring down inflation.
Wall Street is drifting amid mixed trading Thursday, threatening to send the S&P 500 to its first losing week in the last four following some discouraging reports on the economy.
The upcoming trial in a voting machine company’s defamation lawsuit against Fox News for airing false allegations of vote fraud in the 2020 presidential election will not include testimony about the Jan. 6 uprising at the U.S. Capitol, a judge ruled Wednesday.
Ted Rossman, a senior industry analyst with Bankrate.com, joined Cheddar News to provide guidance on how to raise your credit score, especially for would-be homebuyers.
