@niche: THE “NEW” FORD LOOKS A LOT LIKE THE OLD FORD.001924

By Peter M. DeLorenzo  Detroit. The more things change, the more things remain the same it seems. After enduring a withering barrage of front-page stories in the Detroit Free Press over the last two-plus years praising Ford and its “Golden Boy” CEO, and seeing Wall Street-types duped by the endless – and breathless – orchestrations by Ford PR Chief… Continue reading @niche: THE “NEW” FORD LOOKS A LOT LIKE THE OLD FORD.001924

US mulls lifting some China tariffs to fight inflation

By Kanishka Singh WASHINGTON: US. Commerce Secretary Gina Raimondo said on Sunday that President Joe Biden has asked his team to look at the option of lifting some tariffs on China that were put into place by former President Donald Trump, to combat the current high inflation. “We are looking at it. In fact, the… Continue reading US mulls lifting some China tariffs to fight inflation

‘No longer sure bets’: Tech giants are dropping bad news daily

The group said it based its wealth calculations on the most up-to-date and comprehensive data sources available, and used the 2021 Billionaires List compiled by the US business magazine . From Seattle to Silicon Valley to Austin, a grim new reality is setting in across the tech landscape: a heady, decades-long era of rapid sales… Continue reading ‘No longer sure bets’: Tech giants are dropping bad news daily

FPIs outflow continues for 8th straight month; pull out nearly Rs 40,000-cr from equities in May

Foreign investors have been taking out money from equities in the last eight months, withdrawing a massive net amount of Rs 2.07 lakh crore. New Delhi: Continuing its heavy selling spree for the eighth consecutive month, foreign investors pulled out nearly Rs 40,000 crore from the Indian equity market in May on fears of an… Continue reading FPIs outflow continues for 8th straight month; pull out nearly Rs 40,000-cr from equities in May

From Tesla to Peloton, companies slow hiring as economy sputters

Lyft Inc said in May it will slow down hiring and assess budget cuts in some departments. Elon Musk spooked investors on Friday with a warning on the economy and plans to cut Tesla’s workforce, joining a growing list of companies that have dialed back hiring amid decades-high inflation and fallout from the Ukraine crisis.… Continue reading From Tesla to Peloton, companies slow hiring as economy sputters

German FAZ: The painful cutting off of China003505

For years, the German auto industry has been hiding behind a narrative when asked about its high dependency on a country with an unpredictable regime. Volkswagen CEO Herbert Diess once tried to make a historical comparison when asked why he was sticking to his plant in western China even though there were human rights violations… Continue reading German FAZ: The painful cutting off of China003505

German FAZ: The painful cutting off of China003506

For years, the German auto industry has been hiding behind a narrative when asked about its high dependency on a country with an unpredictable regime. Volkswagen CEO Herbert Diess once tried to make a historical comparison when asked why he was sticking to his plant in western China even though there were human rights violations… Continue reading German FAZ: The painful cutting off of China003506

Google May Owe You a Chunk of $100 Million

Not to freak out anyone, but there’s a serious flaw in all supported versions of Microsoft Windows that allows attackers to take over your machine. The so-called Follina vulnerability can be exploited using a weaponized Word document, and security researchers say they’ve already spotted government-backed hackers using this attack in the wild. Fingers crossed that… Continue reading Google May Owe You a Chunk of $100 Million

There May Be a Secret Reason Sheryl Sandberg Is Leaving Facebook

The plot thickens. Leaning Out Sheryl Sandberg, the outgoing COO of Facebook-now-known-as-Meta, made major waves this week when she announced her departure from the social media giant that she was instrumental in building. But while there seem to be some practical reasons for the decision — Facebook’s rebrand, personal and family life — The Wall… Continue reading There May Be a Secret Reason Sheryl Sandberg Is Leaving Facebook