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Computer chips face toilet paper hoarding moment as shortage turns to glut

  • July 12, 2022, 6:42 a.m.
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OAKLAND, Calif., July 12 (Reuters) - A supply chain crisis triggered by the global pandemic deprived makers of PCs and smartphones to cars of computer chips needed to make their products. All that su

via www.reuters.com

Amazon issued 13,000 disciplinary notices at single U.S. warehouse

  • July 12, 2022, 5:42 a.m.
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Amazon Labour Union (ALU) organizer Gerald Bryson speaks to the media as ALU members celebrate official victory after hearing results regarding the vote to unionize, outside the NLRB offices in Brookl

via www.reuters.com

Meta reportedly tells managers to identify people for layoffs

  • July 12, 2022, 4:42 a.m.
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Some Meta employees could lose their jobs as the company prepares for leaner times ahead. According to The Information, Maher Saba, Meta's VP for Remote Presence, has instructed managers to identify p

via www.engadget.com

Temasek reports record portfolio value, sees slowdown in investments

  • July 12, 2022, 1:42 a.m.
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A Temasek logo is seen at the annual Temasek Review in Singapore July 7, 2016. REUTERS/Edgar Su SINGAPORE, July 12 (Reuters) - Singapore's Temasek Holdings (TEM.UL) posted a nearly 6% increase in its

via www.reuters.com

Costco CEO’s one-word answer to whether he would raise the price of hot dogs: 'No'

  • July 11, 2022, 7:42 p.m.
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Some good news for inflation-weary Americans: There will be no price hike on Costco's hot dogs. In an interview Monday on CNBC's "Squawk on the Street," CEO Craig Jelinek had a one-word answer when a

via www.cnbc.com

Housing Market: A Mountain of Woes Just Keeps Rising

  • July 11, 2022, 4:42 p.m.
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Benzinga In the early part of the 20th Century, American humorist Will Rogers was quoted as saying, “Buy land. They ain’t making any more of the stuff.” Real estate can be a wonderful investment, but

via finance.yahoo.com

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  • July 11, 2022, 10:42 a.m.
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Pay based on use Get Started Purchase a Team or Enterprise subscription for per week You will be billed per month after the trial ends

via www.ft.com

Clashes after bank depositors show up seeking their life savings back

  • July 11, 2022, 5:42 a.m.
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On Sunday, Chinese police brutally disrupted a peaceful demonstration by hundreds of depositors who attempted in vain to reclaim their life savings from banks in the grip of a mounting liquidity crisi

via china-underground.com

Return of the Great American Bubble Machine

  • July 10, 2022, 8:42 p.m.
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Statue to the pseudonymous developer of Bitcoin, Satoshi Nakamoto On May 12, 2022, just over fourteen years after the collapse of Bear Stearns, the New York Times announced another crash. In a story

via taibbi.substack.com

General Electric- A Frustratingly Important Lesson In Valuing Your Employees

  • July 10, 2022, 8:42 p.m.
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Welch took over a GE that was at the time, a major company. At the time, he viewed GE as bloated and needing to change. While he might’ve been right about that, the approach he took was perhaps less i

via newsflector.com

Ford recalls more than 100,000 Mavericks, Escapes, and Corsairs over fire risk

  • July 10, 2022, 6 p.m.
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Ford is recalling certain models of the 2020 to 2022 Escape, Maverick, and Corsair due to the risk of under-hood fires, according to reports from Reuters and CNBC. The recall affects over 100,000 vehi

via www.theverge.com

CFPB Moves to Reduce Junk Fees Charged by Debt Collectors

  • July 10, 2022, 3:42 p.m.
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Today, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion affirming that federal law often prohibits debt collectors from charging “pay-to-pay” fees. These charges, commonly de

via www.consumerfinance.gov

What Zuckerberg’s money can’t buy – TechCrunch

  • July 10, 2022, 10:42 a.m.
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Welcome back to Chain Reaction. Last week, we looked at Solana’s smartphone and the post-Apple tech industry. This week, we’re looking at a web3 without Big Tech. To get this in your inbox every Thu

via techcrunch.com

The Self-Driving Big Rigs That You'll See on the Highway Soon

  • July 10, 2022, 7:42 a.m.
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This story is part of Plugged In, CNET's hub for all things EV and the future of electrified mobility. From vehicle reviews to helpful hints and the latest industry news, we've got you covered. If yo

via www.cnet.com

Daikin to build €300m heat pump factory in Poland

  • July 10, 2022, 6:42 a.m.
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BELGIUM: Daikin Europe is to invest €300m to establish a factory in Poland, dedicated to the manufacture of residential heat pumps. The new factory, its first in Poland, will be built in Ksawerów, 13

via www.coolingpost.com

Day 14 - Started coding a prototype

  • July 9, 2022, 11:42 p.m.
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TLDR; Kaiden S., an entrepreneurial-minded software engineer who worked for a YC startup, wants to build another expense tracker app while documenting his journey. Who am I and why I’m doing it Prev

via kaidenio.substack.com

Dick Lovett plans Porsche car showroom in Newport

  • July 9, 2022, 4:42 p.m.
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PLANS for a Porsche showroom in Newport are moving forward after a planning application was submitted. Swindon-based Dick Lovett is behind the plans for the “exceptionally designed” Porsche Centre in

via 24leak.com

Another vote delay leaves Spirit's merger with Frontier in question while JetBlue circles

  • July 9, 2022, 3:42 p.m.
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The fate of Spirit Airlines' merger with fellow budget carrier Frontier Airlines is growing murkier. Spirit this week delayed its shareholder meeting for a third time, opening the door to more talks

via www.cnbc.com

Boeing threatens to cancel Boeing 737 MAX 10 unless granted exemption from safety requirements

  • July 9, 2022, 5:42 a.m.
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Aircraft manufacturer Boeing has suggested it could pull the latest model of its 737 MAX, currently in the process of getting its certification, unless it is made exempt from certain safety regulation

via www.independent.co.uk

Analysis: Twitter has legal edge in deal dispute with Musk

  • July 9, 2022, 1:42 a.m.
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WILMINGTON, Del, July 8 (Reuters) - Twitter Inc (TWTR.N) has a strong legal case against Elon Musk walking away from his $44 billion deal to acquire the U.S. social media company but could opt for a r

via www.reuters.com

A lack of affordable child care is keeping women out of the workforce

  • July 8, 2022, 9:42 p.m.
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Keshondra Bain worked long hours as a teacher assistant at a day care facility in Brooklyn. But there were moments of joy, like when a little girl who didn’t speak suddenly started talking. “She just

via www.marketplace.org

Musk abandons deal to buy Twitter; company says it will sue

  • July 8, 2022, 6:42 p.m.
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FILE - Elon Musk speaks at the SATELLITE Conference and Exhibition March 9, 2020, in Washington. Musk will participate in a meeting with employees of Twitter on Thursday, June 16, 2022, as the billion

via apnews.com

My Restaurant Couldn’t Survive Customers’ ‘Normal’ Dining Expectations

  • July 8, 2022, 5:42 p.m.
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In the final six weeks of our pandemic-born restaurant, customers formed a line out the door and booked out dinner reservations weeks ahead. Regulars brought flowers and letters asking if we would rec

via www.eater.com

Elon Musk says he is backing out of deal to buy Twitter

  • July 8, 2022, 3:42 p.m.
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Tech titan Elon Musk is backing out of a $44 billion agreement to purchase social media platform Twitter. The Tesla CEO said in a filing Friday afternoon that he believed Twitter was in material brea

via www.nbcnews.com

Elon Musk says he's terminating Twitter deal, board to fight

  • July 8, 2022, 3:42 p.m.
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Elon Musk announced he will walk away from his tumultuous $44 billion offer to buy Twitter, leaving the deal on he verge of collapse. The Tesla CEO sent a letter to Twitter's board Friday saying he is

via ca.finance.yahoo.com

Freshii’s ‘virtual cashiers’ make $3.75 an hour and have been called ‘outrageous’ — now the chain’s founder wants to go global

  • July 8, 2022, 1:42 p.m.
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It started as an experiment, designed to solve staffing shortages at Freshii. Last year, amidst harsh COVID-19 business restrictions, senior members of Freshii’s management team — including founder a

via www.thestar.com

Cyber insurance firm Coalition valued at $5 billion after fund raise

  • July 8, 2022, 12:48 p.m.
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July 8 (Reuters) - Coalition said on Friday it had raised $250 million in a late-stage funding round last month that valued the cyber insurance provider at $5 billion, at a time organizations have bee

via www.reuters.com

Payrolls increased 372,000 in June, more than expected, as jobs market defies recession fears

  • July 8, 2022, 8:48 a.m.
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Job growth accelerated at a much faster pace than expected in June, indicating that the main pillar of the U.S. economy remains strong despite pockets of weakness. Nonfarm payrolls increased 372,000 i

via www.cnbc.com

NY works to weed out marijuana merchants illegally selling without licenses

  • July 8, 2022, 6:48 a.m.
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Here’s one way to harsh a buzz. State regulators Thursday identified 52 unlicensed merchants who are illegally peddling marijuana in the open before New York has even issued licenses to sell cannabis

via nypost.com

Fired Employee Claims Facebook Created Secret Tool to Read Users' Deleted Messages

  • July 7, 2022, 7:42 p.m.
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How “forgotten” are your deleted internet posts anyway? That question has come under renewed scrutiny this week thanks to a new lawsuit filed by a fired Meta employee who claims the company set up a

via gizmodo.com

GameStop fires its CFO and announces layoffs as part of aggressive turnaround plan

  • July 7, 2022, 4:42 p.m.
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A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. GameStop has fired its Chief Financial Officer, Mike Recupero, and i

via www.cnbc.com

Theranos ex-COO Sunny Balwani found guilty on all 12 fraud charges 6 months after founder Holmes' conviction

  • July 7, 2022, 2:42 p.m.
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SAN JOSE, Calif. – In the final chapter of the Theranos saga, Ramesh "Sunny" Balwani, the company's former chief operating officer and ex-boyfriend of founder Elizabeth Holmes, was found guilty of all

via www.cnbc.com

India blocks 119 accounts linked to China's Vivo in money laundering probe

  • July 7, 2022, 12:42 p.m.
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A scooterist rides past a shopping complex with the billboard of Chinese smartphone maker Vivo in Ahmedabad, India, December 14, 2018 REUTERS/Amit Dave NEW DELHI, July 7 (Reuters) - India's financial

via www.reuters.com

U.S. weekly jobless claims increase; layoffs hit 16-month high in June

  • July 7, 2022, 8:42 a.m.
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Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly Summary Summary Companies Weekly jobless

via www.reuters.com

Cannabis retailer High Tide buying nine stores from Choom Holdings for $5.1M

  • July 7, 2022, 8:42 a.m.
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CALGARY - Cannabis retailer High Tide Inc. has signed a deal to buy nine stores from Choom Holdings Inc. for $5.1 million in shares. Under the agreement, High Tide will acquire two stores in British

via www.thestar.com

Illinois Adult-Use Cannabis Sales Hit $2.8 Billion in First 2 1/2 Years

  • July 6, 2022, 7:42 p.m.
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The state’s 2022 sales are up 20% over the first sixth months of 2021. Corn, soybeans and cannabis: Those are Illinois’ three most valuable crops, with the latter responsible for $2.8 billion in adul

via www.cannabisbusinesstimes.com
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