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26 Extremelyyyyyy Useful Industry Hacks That Companies Don't Want Customers To Know
"I've flown round trip to Chicago for $30, Houston for $45, Miami for $50, etc."
The Telegraph
What Labour has in store for your pension
The pensioner vote has been a key battleground in this election. One of the Conservatives’ key pledges was the introduction of the “triple lock plus” – extra tax breaks for the retired. But it is highly unlikely the policy will see the light of day, so what does Labour have in store for your retirement savings – and what can you do about it?
Associated Press
Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies
After the United States passed new subsidies designed to boost domestic electric vehicle production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in an unlikely place: Morocco. In the rolling hills near Tangiers and in industrial parks near the Atlantic Ocean, they have announced plans for new factories to make parts for EVs that may qualify for $7,500 credits to car buyers in the United States. Similar investments have been announced in other countries that share free trade agreements with the United States, including South Korea and Mexico.
The Telegraph
BMW attacks EU tariffs on Chinese electric car imports
BMW has accused the European Union of protectionism as Brussels prepares to hit imported Chinese electric cars with a wave of tariffs.
The Northern Echo
Popular pub shuts suddenly citing 'problems and other projects' amidst wages row
Disgruntled employees of a popular pub have claimed that wages are still unpaid after the venue unexpectedly shut up shop last month.
South China Morning Post
Chinese generative AI patents top US 6-to-1 in last decade, UN data finds
China has surpassed the US in generative artificial intelligence (GenAI) patents, with six times as many filings in the decade from 2014 through 2023, according to a report published on Wednesday by a United Nations agency. China's 38,210 patent filings in the category make up about 70 per cent of the 54,000 filed in the past 10 years, according to data published by the World Intellectual Property Organization (WIPO). The US ranked second with 6,276 patent filings. They are followed by South Kor
Associated Press
Turkmenistan and Iran sign deal to supply gas to Iraq. Iran will build pipeline to aid delivery
Turkmenistan and Iran on Wednesday signed a contract for the delivery of 10 billion cubic meters a year of Turkmen gas that Iran will then ship on to Iraq. The deal was announced by Turkmenistan's foreign ministry, which did not state the monetary worth of the contract. The ministry's statement said Iranian companies will construct a new 125-kilometer (77-mile) pipeline to Iran to expand Turkmenistan's delivery capacity.
Fool.co.uk
The BT share price rose 37% this quarter! What’s driving the growth?
The BT share price is on the up. Mark Hartley is considering whether the growth spurt is a one-off occurrence, or is able to continue. The post The BT share price rose 37% this quarter! What’s driving the growth? appeared first on The Motley Fool UK.
Associated Press Finance
US new-vehicle sales barely rose in the second quarter as buyers balked at still-high prices
U.S. new-vehicle sales rose only slightly in the second quarter, despite larger discounts and slightly lower prices. CDK said most dealers were back up by Tuesday afternoon, but companies such as General Motors said the problem pushed some deliveries into the third quarter. Discounts vary by demand for vehicles, with smaller, less-expensive models and gas-electric hybrids generally being in shorter supply.
Fortune
NEETS are not working by choice—but a ‘perfect storm’ is creating a pool of highly trained and willing workers who are the ‘new unemployables’
A significant chunk of young NEETS are well-qualified and want to work, but just can’t land a job—and may never, new Korn Ferry report warns.
Barrons.com
Oil Gains on Reports of Substantial Fall in U.S. Inventory
Oil prices were edging higher as reports of a larger-than-expected draw in U.S. crude stockpiles signals solid demand during the summer driving season in the world's top consumer. Brent crude and WTI were both up 0.3% to $86.55 and $83.11 a barrel, respectively, after reaching their highest level in more than two months in the previous trading session. Crude inventories fell by 9.16 million barrels last week, according to reports citing figures from the American Petroleum Institute ahead of official data later on Wednesday.
Simply Wall St.
D B And Two More Leading Dividend Stocks In India
The Indian market has shown robust growth, rising 1.7% in the last week and achieving a remarkable 45% increase over the past year, with earnings projected to grow by 16% annually. In such a thriving environment, dividend stocks that offer consistent payouts can be particularly appealing to investors looking for both stability and growth potential.
Futurism
Laid Off Tech Worker Suggests That Unemployed People Should Sell Their Blood to Survive
As the San Francisco Bay Area reels from round after round of tech industry layoffs, one underemployed industry veteran is urging others in her position to do anything — including sell their blood — to make ends meet. In an interview with SF Gate,
Hereford Times
Herefordshire site manager named among best in business
A HEREFORDSHIRE site manager has won a top national award for the quality of the homes he is building
Reuters
Exxon-Hess arbitration panel nears formation, sources say
The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil's claim against Chevron's $53 billion purchase of Hess Corp, two people familiar with the matter told Reuters. The panel's formation would be a milestone in a long-delayed process that has cast uncertainty over the mega-merger, which both Chevron and Hess had hoped would close in the first half of 2024. Exxon filed the arbitration claim with the International Chamber of Commerce (ICC) in March, arguing that it has a right of first refusal over Hess's assets in Guyana.
Bloomberg
Saks Owner Nears $2.65 Billion Neiman Deal With Amazon Help
(Bloomberg) -- The owner of Saks Fifth Avenue is close to acquiring Neiman Marcus Group for $2.65 billion, according to a person familiar with the matter — a deal that would unite America’s two largest high-end department-store chains in a bid to grab a bigger share of a slowing industry.Most Read from BloombergBiden Struggles to Contain Mounting Pressure to Drop Out of RaceHouse Democrats Consider Demanding Biden Withdraw From RaceChina Can End Russia’s War in Ukraine With One Phone Call, Finla
Associated Press Finance
Microsoft will pay $14M to settle allegations it discriminated against employees who took leave
Microsoft Corp. has agreed to pay $14.4 million to settle allegations that the global software giant retaliated and discriminated against employees who took protected leave, including parental and disability, the California Civil Rights Department announced Wednesday. The proposed settlement stems from a multi-year investigation by the California agency and the consent decree is subject to approval in state court in Santa Clara County, where the Redmond, Washington-based company has an office. The state agency, which launched its investigation in 2020, alleged that employees who took leave from work due to pregnancy or disability, or to bond with a new baby or care for a sick family member, received lower bonuses and unfavorable performance reviews.
Reuters
Germany stops planned sale of VW's gas turbine business to China
BERLIN (Reuters) -Germany's cabinet blocked the planned sale of Volkswagen unit MAN Energy Solutions' gas turbine business to a Chinese company on Wednesday, with ministers citing security reasons. The decision comes amid rising trade tensions between the EU and China. Germany's economy ministry can review and stop transactions deemed to have national security implications, and Berlin and the EU are trying to reduce risks from economic ties with Beijing.
Reuters
Polestar posts loss, plans steps to offset tariffs on China-made EVs
STOCKHOLM (Reuters) -Electric vehicle (EV) maker Polestar said it will have to take steps to offset hefty EU and U.S. import tariffs on its Chinese-made electric cars as it posted a first-quarter operating loss on Tuesday. The Swedish company, controlled by China's Geely, makes all its EVs in China, but its new model, the Polestar 3, will be made in the United States from the end of this summer and its Polestar 4 in South Korea from the second half of next year. Until then, it will incur provisional tariffs of 20% for the cars it brings into the European Union under a proposal by the European Commission and more than 100% for the United States.
The Guardian
‘We’re in limbo’: Boeing takeover leaves longtime Belfast factory under threat
Workers and politicians fear steep job cuts at Northern Ireland’s Spirit AeroSystems, which has about 3,500 workers

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PRESS DIGEST-Canada - May 8

Latest stories

26 Extremelyyyyyy Useful Industry Hacks That Companies Don't Want Customers To Know

What Labour has in store for your pension

Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies

BMW attacks EU tariffs on Chinese electric car imports

Popular pub shuts suddenly citing 'problems and other projects' amidst wages row

Chinese generative AI patents top US 6-to-1 in last decade, UN data finds

Turkmenistan and Iran sign deal to supply gas to Iraq. Iran will build pipeline to aid delivery

The BT share price rose 37% this quarter! What’s driving the growth?

US new-vehicle sales barely rose in the second quarter as buyers balked at still-high prices

NEETS are not working by choice—but a ‘perfect storm’ is creating a pool of highly trained and willing workers who are the ‘new unemployables’

Oil Gains on Reports of Substantial Fall in U.S. Inventory

D B And Two More Leading Dividend Stocks In India

Laid Off Tech Worker Suggests That Unemployed People Should Sell Their Blood to Survive

Herefordshire site manager named among best in business

Exxon-Hess arbitration panel nears formation, sources say

Saks Owner Nears $2.65 Billion Neiman Deal With Amazon Help

Microsoft will pay $14M to settle allegations it discriminated against employees who took leave

Germany stops planned sale of VW's gas turbine business to China

Polestar posts loss, plans steps to offset tariffs on China-made EVs

‘We’re in limbo’: Boeing takeover leaves longtime Belfast factory under threat