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Uber Doesn’t Have to Raise New York City Drivers’ Pay, Judge Rules

  • Jan. 7, 2023, 9:42 p.m.
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A New York State judge on Friday blocked regulators from raising the pay of ride-hail drivers, saying that the Taxi and Limousine Commission had not sufficiently justified the increase. Uber sued the

via www.nytimes.com

Lumber market must weather a 'treacherous' 2023 after last year's staggering 66% price crash as a US housing slump deepens

  • Jan. 7, 2023, 6:42 p.m.
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Lumber prices tumbled 66% last year – making it 2022's worst-performing commodity. Rising mortgage rates caused the US housing market to falter, leading to a slowdown in demand. Lumber prices are li

via markets.businessinsider.com

Stellantis CEO Tavares warns of 'terrible fight' with Chinese automakers

  • Jan. 7, 2023, 6:42 a.m.
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LAS VEGAS -- Stellantis CEO Carlos Tavares sees the European auto industry at a crossroads in competition with its Chinese rivals. If politicians in Europe do not find an answer to the push into Euro

via europe.autonews.com

‘Maybe we cried too much’ over shoplifting, Walgreens executive says

  • Jan. 7, 2023, 3:42 a.m.
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CNN — Throughout the pandemic, major retailers have warned about surging theft and a rise in brazen shoplifting attempts. But a top Walgreens executive now says the freakout may have been overblown.

via www.cnn.com

Tesla slashes prices in China, other Asian markets as sales stumble

  • Jan. 7, 2023, 2:42 a.m.
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Summary Summary Companies Tesla's first major move since Zhu appointment to oversee output Prices down 13% to 24% from Sept in China - Reuters calculations EV maker also cuts prices in Japan, South

via www.reuters.com

Illinois Hits Marijuana Milestone With Record $1.5 Billion In Adult-Use Sales In 2022, Data Shows

  • Jan. 6, 2023, 7:42 p.m.
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Illinois marijuana sales reached a record high of more than $1.5 billion in 2022—and this past December marked the strongest sales month to date—officials announced on Friday. The Illinois Department

via www.marijuanamoment.net

Investors pressure top firms to halt production of toxic ‘forever chemicals’

  • Jan. 6, 2023, 7:42 p.m.
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Investors from some of the world’s largest firms are pressuring chemical companies to end production of toxic PFAS “forever chemicals”, which shareholders say represent an enormous and growing threat

via www.theguardian.com

Montana reports $202M in sales during first year of recreational marijuana program

  • Jan. 6, 2023, 12:42 p.m.
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HELENA — On Wednesday, the Montana Department of Revenue reported estimated figures, giving a full picture of the first year of legal recreational marijuana sales in the state. The data shows $303,56

via www.ktvh.com

Millions of workers are subject to noncompete agreements. They could soon be banned

  • Jan. 6, 2023, 6:42 a.m.
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Millions of workers are subject to noncompete agreements. They could soon be banned Enlarge this image toggle caption Graeme Jennings/Getty Images Graeme Jennings/Getty Images The Federal Trade Comm

via www.npr.org

Driven by Economic Injustice, Gen Z Deemed 'Most Pro-Union Generation' in US

  • Jan. 6, 2023, 1:42 a.m.
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Saddled with student debt and, in many cases, spending the early years of their professional lives working during the Covid-19 pandemic, members of Generation Z are proving to be the most pro-worker g

via www.commondreams.org

Bed Bath & Beyond shares plummet after company warns of potential bankruptcy

  • Jan. 5, 2023, 4 p.m.
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In this article BBBY Follow your favorite stocks CREATE FREE ACCOUNT watch now Bed Bath & Beyond warned Thursday it's running out of cash and is considering bankruptcy. The retailer, citing worse-th

via www.cnbc.com

Salesforce to cut staff by 10% in latest tech layoffs

  • Jan. 4, 2023, 9:42 p.m.
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Salesforce said on Wednesday it would lay off about 10% of its employees and close some offices, becoming the latest tech firm to undertake cost cuts amid an economic slowdown. The company expects th

via www.cnbc.com

The jobs people are most likely to quit in 2023, according to Payscale

  • Jan. 4, 2023, 9:42 p.m.
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As people set resolutions for 2023, there's one goal at the top of many lists: quitting an unfulfilling job. Nearly half (46%) of U.S. workers plan to look for a new job in the next six months, citin

via www.cnbc.com

Amazon confirms its massive layoffs will affect 18,000 employees

  • Jan. 4, 2023, 7:42 p.m.
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Amazon’s ongoing layoffs will affect around 18,000 workers, according to a memo from CEO Andy Jassy, which says that the “majority” of the roles being eliminated will be in Amazon Stores and People, E

via www.theverge.com

Supply chain woes caused US auto sales to fall 8% last year

  • Jan. 4, 2023, 6:42 p.m.
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FILE - A row of new Ford Fusions are for sale on the lot at Butler County Ford in Butler, Pa., Nov. 19, 2015. A shortage of computer chips and other parts hobbled the U.S. auto industry in 2022, slowi

via apnews.com

Nithya Vaduganathan: 5 hiring tips every company (and job seeker) should know

  • Jan. 4, 2023, 4:42 p.m.
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Nithya Vaduganathan et al. | Harvard Business Review, 2020 | Article "Rethinking the On-Demand Workforce" The growing supply of on-demand workers can address talent shortages in today's ever-evolving

via www.ted.com

China Markets Start 2023 With a Bang as Policy Shift Hastens

  • Jan. 4, 2023, 12:42 p.m.
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(Bloomberg) -- Chinese shares are off to a strong start in 2023, putting behind a dismal year as fears of isolationist policies give way to signs of an economic powerhouse turning friendlier to both t

via finance.yahoo.com

Vermont up to 25 recreational marijuana stores in first three months of legal sales

  • Jan. 4, 2023, 10:42 a.m.
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Vermont began recreational marijuana sales only three months ago, and in that time, the number of stores has jumped from a handful to about two dozen – and more are expected to open in the near future

via mjbizdaily.com

Foxconn to use Nvidia chips to build self-driving vehicle platforms

  • Jan. 3, 2023, 11 p.m.
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[1/2] A woman walks past the logo of Foxconn outside a company's building, in New Taipe City, Taiwan December 22, 2022. REUTERS/Annabelle Chih/File Photo Jan 3 (Reuters) - Chipmaker Nvi

via www.reuters.com

Foxconn's COVID-hit China plant close to resuming full production, sources say

  • Jan. 3, 2023, 7:42 p.m.
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TAIPEI, Jan 3 (Reuters) - Foxconn's COVID-hit iPhone plant in China's Zhengzhou city is almost back to full production, with its December shipments reaching about 90% of initial plans, t

via www.reuters.com

Tender sale of Evergrande's Hong Kong headquarters fails again -sources

  • Jan. 3, 2023, 3:42 p.m.
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Tender sale of Evergrande's Hong Kong headquarters fails again -sources Headquarters of China Evergrande Group in Shenzhen By Clare Jim HONG KONG (Reuters) - A tender for the sale of embattled China

via finance.yahoo.com

Companies can ‘hire’ a virtual person for about $14k a year in China

  • Jan. 3, 2023, 12:42 p.m.
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Virtual singer Luo Tianyi performing with world renowned pianist Lang Lang in 2019 at the Mercedes-Benz Arena in Shanghai, China. Launched in 2012, Luo Tianyi has nearly 3 million fans and even perfor

via www.cnbc.com

How the checkout aisle became a 'maze' to fuel impulse purchases

  • Jan. 3, 2023, 11:42 a.m.
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Cost of Living 5:10 Why retailers want us to indulge our impulses We've all been there. You've gone out shopping, picked up everything on your list, and are beelining it for the cashier. Unfortunate

via www.cbc.ca

Trump tax returns show former president was subject to $10,000 SALT cap — but experts say he may have sidestepped the limit

  • Jan. 3, 2023, 8:42 a.m.
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Former U.S. President Donald Trump on Nov. 15, 2022. Eva Marie Uzcategui/Bloomberg via Getty Images Former President Donald Trump paid millions of dollars in state and local taxes from 2015 through 2

via www.cnbc.com

Exxon And Chevron Set For Record $100 Billion In Profits In 2022

  • Jan. 3, 2023, 12:42 a.m.
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The supermajors’ record quarterly earnings have drawn repeated criticism from President Joe Biden and officials from his Administration. Exxon is set to report a record of as much as $56 billion in p

via oilprice.com

Las Vegas businessman facing federal fraud charges proclaims innocence

  • Jan. 2, 2023, 9:42 p.m.
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LAS VEGAS (KLAS) — For the first time since federal prosecutors filed charges against him, a Las Vegas businessman responded Monday to allegations he took part in a multimillion-dollar fraud scheme.

via www.8newsnow.com

US stocks dipping to worst year since 2008: Gene Marks

  • Jan. 2, 2023, 3:42 p.m.
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via www.foxnews.com

Home Depot Does A Big Energy Deal, But It Does More Behind The Scenes

  • Jan. 2, 2023, 9:42 a.m.
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When you have a big retail space, it makes a lot of sense on the surface to cover the whole roof in solar panels. After all, there’s space and generating renewable energy is a good thing. But even the

via cleantechnica.com

Musk To Tesla Staff: Don't Be "Bothered By Stock Market Craziness"

  • Jan. 1, 2023, 10:42 a.m.
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© InsideEVs Elon Musk speaking at Cyber Roundup 2022 Part of Tesla employees' compensation is made up of stock options, so it's understandable they should be worried. Tesla shares have plunged more

via www.msn.com

The largest trucking companies that went bankrupt in 2022 freight recession

  • Jan. 1, 2023, 8:42 a.m.
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It’s been a rough year for the trucking industry following the red-hot market conditions of late 2020 and 2021. Since the beginning of the year, spot rates have declined by 27.6%, according to the Fr

via www.freightwaves.com

How great leaders take on uncertainty

  • Jan. 1, 2023, 1:42 a.m.
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In a constantly changing world, it's impossible for leaders to provide employees with the assurance they want, says Vimeo CEO Anjali Sud. Her solution: lead with humanity and flexibility. In conversat

via www.ted.com

U.S. finance faces ESG backlash, more to come in 2023

  • Dec. 31, 2022, 8:42 a.m.
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BOSTON, Dec 27 (Reuters) - A movement by financial firms and activists to challenge companies over their efforts on climate change and social inequality faced organised and growing push-

via www.reuters.com

In a Bad Year for Stocks, Tesla Plunged 65%

  • Dec. 31, 2022, 6:42 a.m.
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In a down year for stocks, the 65 percent drop in Tesla’s share price stands out for the scale of wealth vaporized and the unorthodox behavior of its chief executive, Elon Musk. The collapse of Tesla

via www.nytimes.com

5 things to know about Southwest's disastrous meltdown

  • Dec. 31, 2022, 6:42 a.m.
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5 things to know about Southwest's disastrous meltdown Enlarge this image toggle caption Michael Ciaglo/Getty Images Michael Ciaglo/Getty Images Families with young children stranded at the airport

via www.npr.org

Now You Can Legally Buy Recreational Cannabis in New York

  • Dec. 30, 2022, 12:42 p.m.
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Kenneth Woodin, a stay-at-home dad, was first in line at the cannabis dispensary in Greenwich Village in Manhattan. He said he wanted to be a part of history after having been arrested on a weed charg

via www.nytimes.com

Just How Badly Does Apple Need China?

  • Dec. 30, 2022, noon
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Long before it reached your home, even before its tiny components were pieced together in an assembly plant, your phone was already one of the most complex gadgets in the world. It is the product of a

via www.theatlantic.com
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