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
Tag: Possible_Terrorism_Warfare
Corolla Cross Hybrid, Lexus RX plug-in, Chevy Bolt EV price cut, EV price war: The Week in Reverse
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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
Ford CEO anticipates EV price war, shakeout to favor China, and industry consolidation
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How the world is paying for Putin’s war in Ukraine
In early March, as the US and its allies unleashed a wave of sanctions on Russia, US President Joe Biden stood in the White House and said they wanted to deal a “powerful blow to Putin’s war machine.” But as the war in Ukraine approaches its 100th day, that machine is still very much operational.… Continue reading How the world is paying for Putin’s war in Ukraine
Divergent yields may hint at an early end to rate hikes
The interest rate on short-term paper such as treasury bills has risen more sharply than longer-tenor securities as government and monetary policy action provide comfort that inflation could slow and that the interest rate increase cycle may not last long. Rates on T-bills have shot up nearly 130 basis points since before the off-cycle rate… Continue reading Divergent yields may hint at an early end to rate hikes
5 Best Chinese Stocks To Buy And Watch: China Covid Lockdowns End
TipRanks Billionaire Ken Fisher Pours Money Into These 2 ‘Strong Buy’ Stocks In the world of stock legends, Ken Fisher stands out. The legendary investor founded his private financial advisory firm, Fisher Investments, in 1979, with just $250 in seed money. Today, Fisher’s company manages over $195 billion in total assets, and his personal net… Continue reading 5 Best Chinese Stocks To Buy And Watch: China Covid Lockdowns End