Month: March 2022
Tesla hikes car prices in the U.S., China after CEO Elon Musk warns of inflation pressure
Tesla CEO Elon Musk speaks at a delivery ceremony for Tesla China-made Model 3 in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Images Tesla has hiked the prices of its electric vehicles in the U.S. and China after CEO Elon Musk warned of inflation pressure on the business. […]
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Work at a small employer? You likely pay high 401(k) fees
Yongyuan | E+ | Getty Images Workers who save in a 401(k) plan offered by a small business pay fees that are twice as high as those paid by employees who work at the largest companies in the U.S. The smallest workplace retirement plans (those with less than $25 million in aggregate savings) charge total […]
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Pollen season could be longer, more intense, as climate changes, study finds
A bee collects pollen from flowers in Los Angeles June 9, 2021. Chris Delmas | AFP | Getty Images As the climate warms, allergy season in the United States could get worse. If carbon emissions go unchecked, pollen season could start up to 40 days earlier and last 19 days longer by the end of the century, […]
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Covid was declared a pandemic two years ago and now we’re finally moving on — but public health experts say it’s not over
Medical staff treat a coronavirus disease (COVID-19) patient in the Intensive Care Unit (ICU) at the Providence Mission Hospital in Mission Viejo, California, January 25, 2022. Shannon Stapleton | Reuters LONDON — With war raging between Russia and Ukraine, the world’s battle against the coronavirus has been largely sidelined and the second anniversary of Covid-19 […]
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Microsoft dives into Web3 with investment in Ethereum co-founder’s start-up ConsenSys
Joseph Lubin, co-founder of Ethereum. Adam Jeffery | CNBC Blockchain start-up ConsenSys has raised $450 million in a new round of funding that more than doubles its valuation to $7 billion. The cash injection was led by ParaFi Capital, ConsenSys said Tuesday, with Microsoft, Japan’s SoftBank and Singapore’s Temasek also joining as new investors in […]
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Stocks making the biggest moves in the premarket: Airlines, Coupa Software, GitLab and more
Take a look at some of the biggest movers in the premarket: Delta Air Lines (DAL), United Airlines (UAL), Southwest Airlines (LUV) – Delta rallied 3.7% in the premarket while United jumped 3.9% and Southwest added 2.9%. All three airlines raised their revenue outlooks, saying air travel is rebounding from the earlier slump induced by […]
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Russia-Ukraine talks done for the day; EU agrees to fresh sanctions
Mon, Mar 14 20228:39 PM EDT Anti-war protester in studio disrupts live Russian state TV news The evening news broadcast on the main Russian news channel, Channel 1 is seen on a laptop as it is interrupted by a woman protesting the war in Ukraine in this illustration photo on 15 March, 2022 in Warsaw, […]
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SoftBank’s Arm plans to cut up to 1,000 jobs after collapse of $40 billion Nvidia deal
SAM YEH | AFP | Getty Images LONDON — British chip designer Arm is planning to cut up to 1,000 jobs, or 15% of its workforce, just weeks after its $40 billion deal with Nvidia collapsed. Widely regarded as the jewel in the crown of the U.K. tech sector, Arm employs employs around 6,400 people […]
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China’s Covid spike worsens: Dongguan factory center locks down, new cases top 3,500 nationwide
Aerial view of people queuing up for COVID-19 nucleic acid testing on February 26, 2022, in Dongguan, Guangdong province. Vcg | Visual China Group | Getty Images BEIJING — China’s worst Covid-19 outbreak since the initial wave of the pandemic worsened Tuesday with a major factory city ordering production halts. Recent outbreaks in 28 provinces […]
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Leaders of NATO countries discuss plans to meet in Brussels next week, officials say
A view of a meeting of the North Atlantic Council (NAC) at the level of Foreign Ministers gather at the NATO Headquarters in Brussels, March 4, 2022. Olivier Douliery | Reuters The heads of state representing NATO’s 30 member countries are discussing meeting in person in Brussels next week as Russia’s invasion of Ukraine reaches […]
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