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A small-town boss in the US state of Louisiana has handed his 540 full-time employees a combined $240 million after selling his family’s company, with the average worker walking away with around $443,000.Graham Walker, former CEO of Fibrebond Corp. in Minden, sold the electrical-equipment enclosure maker to power-management giant Eaton for $1.7 billion last year….
The government on Monday extended the implementation timeline for the mandatory quality control order (QCO) on certain electrical appliances by six months till October, PTI reported.“It shall come into force on the 1st of October, 2026,” the Department for Promotion of Industry and Internal Trade (DPIIT) said in a notification.The QCO is applicable to all…
A section of road suddenly collapsed in Bangkok on Wednesday causing a deep sinkhole of about 50 meters. The city governor cited ongoing “underground construction” works as the primary reason behind the incident, local reports said.The crater measured roughly 30 by 30 meters, according to an Khaosod English report. A dramatic video showed the exact…
