META Jan 2025 850.000 call
- Reuters
Meta must face lawsuit claiming it prefers foreign workers over US citizens
(Reuters) -A U.S. appeals court on Thursday revived a software engineer's proposed class action claiming Meta Platforms refused to hire him because it preferred to give jobs to foreign workers who are paid lower wages. The San Francisco-based 9th U.S. Circuit Court of Appeals in a 2-1 ruling said that a Civil War-era law barring discrimination in contracts based on "alienage" extends to bias against U.S. citizens. The decision reverses a California federal judge's dismissal of a lawsuit by Purushothaman Rajaram, a naturalized U.S. citizen who says Meta passes over American workers for jobs in favor of cheaper visa recipients.
- Investor's Business Daily
Magnificent Seven Stocks: Nvidia Stock Slides; Meta Is Breaking Out Today
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the end of the second quarter of 2024 showed a big divergence of returns.
- Simply Wall St.
Is Meta Platforms, Inc.'s (NASDAQ:META) Recent Stock Performance Tethered To Its Strong Fundamentals?
Meta Platforms (NASDAQ:META) has had a great run on the share market with its stock up by a significant 6.8% over the...
