DAVID BLACKMON: US EV Industry Shifts Back Into Reality Gear
At the start of each year, I write a piece in which I make a set of predictions about what will happen in the energy space during the coming 12 months. One prediction I made in this year’s story focused on the likelihood of a big fallout in America’s EV manufacturing industry. Citing Fisker and Rivian as […]
Asia-Pacific markets rise as Fed holds rates and shifts dot plot – CNBC
The sails of the Opera House are illuminated with projected images during the opening night of Vivid Sydney 2023, Friday, May 26, 2023, in Sydney, Australia. Anadolu Agency | Anadolu Agency | Getty Images Asia-Pacific markets rose on Thursday after the US Federal Reserve kept the federal funds rate unchanged at 5.25%-5.5% and changed its […]
Cuomo shifts blame for COVID nursing home policy in interview with Congress
Exclusive – Former New York Gov. Andrew Cuomo showed no regret for his administration’s policies requiring nursing homes to admit COVID-19 positive patients in the early months of the pandemic, according to Republican Rep. Rep. Nicole Malliotakis (R-NY) who was involved in questioning the former governor on Tuesday. The former governor, who resigned in late […]
Dollar General Shifts 12,000 Stores Away from Self-Checkout Due to Thefts
Dollar General is taking drastic measures to stamp out retail theft that has become rampant at its stores across the United States. The company plans to remove certain items that thieves frequently steal, and CEO Todd Vasos said the company is moving away from self-checkout, Fox Business reported. report Tuesday. “The chief executive said that […]
Biden’s border order shifts campaign narratives
President Biden Republicans are trying to make immigration a central election issue in November, and President Trump signed an executive order this week to tighten restrictions on border crossings. “I’m here today to do what Republicans in Congress refuse to do: take the steps necessary to secure our border,” Biden said in a White House […]
Cook Political Report shifts North Carolina governor’s race to ‘toss up’
Nonpartisan Cook Political Report (CPR) on Tuesday changed the closely watched North Carolina gubernatorial race from “Democrat-leaning” to “close,” citing the Republican candidate’s impressive fundraising metrics. The race is pitting Republican Lt. Governor Mark Robinson against Democratic Attorney General Josh Stein to succeed Democrat Gov. Roy Cooper, who is term-limited. Of the state’s 7.4 million […]
Schumer shifts Senate into campaign mode with border vote
Senate Majority Leader Chuck Schumer of New York has shifted into campaign mode, planning a series of message votes on border security, access to contraception and other hot-button issues. The shift reflects a widespread recognition in the Senate that there is little chance of passing any substantive legislation between now and Election Day as lawmakers […]
GM to stop making Chevy Malibu after 60 years as it shifts to EVs
General Motors announced Wednesday that it will end production of the gasoline-powered Chevrolet Malibu later this year to make way for new electric vehicles. GM has sold more than 10 million Malibu cars worldwide since 1964 and will end production in November. The Detroit automaker is investing $390 million in a Kansas assembly plant to […]
Google Lays Off Hundreds from ‘Core’ Teams, Shifts Roles to India and Mexico
Google has reportedly laid off hundreds of employees from its “core” organizations and relocated positions to India and Mexico. CNBC report Tech giant Google has taken a significant step in restructuring its workforce, impacting its “core” teams responsible for building the technical foundations behind its flagship products and ensuring online safety. The reorganization, announced through […]
Google lays off 200 workers, shifts jobs to Mexico and India in latest restructuring
Google has laid off about 200 employees and moved some jobs overseas. It’s the latest sign of a long-running effort by Big Tech companies to cut costs and reorganize. The cuts were announced internally on the eve of Google’s first-quarter earnings release and targeted members of Google’s “core” teams. The team works on the “technical […]