you ll hear from the vermont senator in a few moments. but you re also going to hear from a former employee who now serves as the president of the alu, and he really sees the formation of that union earlier this much as the first of the 27-year history of the tech giant will be a catalyst and will be really just another domino to fall. i want you to hear what happened earlier today. what you have done in taking on amazon and having this facility here in staten island, the very first amazon facility to unionize in the entire country is an extraordinary achie achievement. without these workers organizing, without this victory that we had on april 1st, without us spendsing the last year at this bus stop right over here, none of this would be possible. so in terms of amazon, they have repeatedly insisted the
a few multinational companies like nestle, saying they will raise prices. so this will also feed 3 to higher prices in supermarkets or online and these are harder to predict because it is really up to the company how much they are passing on to the consumers. 0k, passing on to the consumers. ok, thank you very much, and taking a brief look at other business stories around. the new zealand central bank has raised interest rates by 25 basis points to 1%, the third rate hike in a row. like many economies, new zealand is facing a rapidly rising inflation and a surge in home prices. amazon has filed a lawsuit against two companies which is that helped put fake reviews on its online marketplace. the site operated ijy marketplace. the site operated by the tech giant offers a sale of new and used products by third party sellers and amazon
changes. you just mentioned corporate boycotts. we know a flood of companies, big brands, have withdrawn from russia. you mentioned mcdonald s. you know, in addition to mcdonald s you have nestle, ikea, shell the oil company, starbucks, apple the tech giant, boeing, etcetera. the list goes on. you can see some examples on your screen. is this far more than just being symbolic, or is this having really big implications for russia? oh, i think this is felt throughout the country because a lot of people are watching netflix, probably not many russians would go to starbucks. this is kind of a moscow capital feature, but everyone was watching netflix. 70 million people use instagram. instagram is now blocked because it was spreading information the russian government considers fake news. and those are inconveniences for russian consumers. but what about the russian oil? russian oil is still flowing.
nationwide, apple is reinstating its mask mandate in all of its u.s. retail stores. customers will be required to wear masks while shopping. last month, apple had begun phasing out the mask requirement, but quickly brought it back after the omicron variant. meanwhile, google is showing a limited patience for employees who are unwilling to get vaccinated. according to internal documents viewed by our friends at cnbc, the tech giant told its employees they will lose pay and will eventually be fired if they don t comply with the company s covid-19 vaccination policy. cnbc reports the documents that employees who haven t complied with the jacks nation rules by the january 18th deadline be placed on paid administrative leave for 30 days. after that, the company will put them on unpaid personal leave for up to six months followed by termination. a spokesperson for google did not immediately respond to
on the border with russia down to the eastern coastal area of zhejiang. this is where alibaba, the tech giant, is located. this is where one of the world s busiest ports is located. this is the world s third busiest container port. you may remember earlier this year in august, there was just a single case of covid-19 that was detected at this port. the entire port was shut down for a number of weeks. that led to shipping congestion, and it wreaked havoc on the global supply chain. and already there are reports about a dozen listed chinese companies have suspended production in zhejiang province because of new pandemic measures that are kicked in and are now enforced. as the number of covid-19 cases rise in china, a number of governments are advising their residents to stay put and to not travel ahead of the lunar new year season. the lunar new year is kicking off january 31st. this is, of course, the time of year when hundreds of millions