Business, Personal Finance

“Gen Z embraces side hustles because ‘loyalty is dead’”

“…A growing number of young workers like Fischer are taking on side hustles to make extra cash, develop their skills, build their relationships and release creative energy by selling online tutorials, products and services and influencing on social media. Gen… Continue Reading…

Business, Economy

“…Arizona, an $8.5 billion CHIPS grant spells ‘jobs’ more than geopolitics”

“CHANDLER, Ariz. — In the booming Phoenix metro area, Washington policymakers’ rare bipartisan push to bolster national security in their high-tech arms race with China brings major enthusiasm for something more basic: jobs. A fresh influx of $8.5 billion in CHIPS… Continue Reading…

Business

“Airline CEOs Seek Meeting With Boeing Directors to Address Production Problems”

“Boeing’s BA -0.05%decrease; red down pointing triangle biggest U.S. customers are taking their frustrations directly to its board of directors. A group of airline chiefs recently requested a meeting with Boeing’s board to express concern over the Alaska Airlines accident and production problems… Continue Reading…

Business

“Boeing CEO to step down in broad management shake-up as 737 Max crisis weighs on aerospace giant”

“…The departures come as airlines and regulators have been increasing calls for major changes at the company after a host of quality and manufacturing flaws on Boeing planes. Scrutiny intensified after a Jan. 5 accident, when a door plug blew out… Continue Reading…

Business

“Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest People”

“…his social media company Trump Media & Technology Group wrapped up a 29-month-long merger process, meaning shares worth billions of dollars on paper are now officially Trump’s. All told, his net worth increased by more than $4 billion. That means… Continue Reading…

Business, Economy

“Fast food workers are losing their jobs in California as new minimum wage law takes effect”

“Fast food workers are losing their jobs in California as more restaurant chains prepare to meet a new $20 minimum wage set to go into effect next week. Restaurants making cuts are mostly pizzerias, according to a report published by The Wall… Continue Reading…

Business

“Gucci owner Kering tanks 14% after Asia profit warning, dragging down Europe luxury brands”

“Shares of French luxury group Kering plunged 14% on Tuesday after the company warned that Gucci sales look set to fall 20% year-on-year in the first quarter, amid declining Asia transactions. The rare profit warning forecasts overall group revenues to drop 10%… Continue Reading…

Business

“Intel awarded up to $8.5 billion in CHIPS Act grants, with billions more in loans available”

“The White House said Intel has been awarded up to $8.5 billion in CHIPS Act funding, as the Biden administration ramps up its effort to bring semiconductor manufacturing to U.S. soil. Intel could receive an additional $11 billion in loans from the CHIPS and… Continue Reading…

Business

“56% of Americans can’t afford a $1,000 emergency expense: We are ‘living in a paycheck-to-paycheck nation,’ money expert says”

“Only 44% of Americans surveyed said they could use their savings to pay for an unexpected expense, instead opting to put it on a credit card or borrow cash from family or friends…” https://www.cnbc.com/2024/03/19/why-now-is-a-smart-time-to-build-emergency-savings.html

Business, Stocks

“Wall Street isn’t pleased that Kevin Plank is returning as Under Armour’s CEO, shares plunge 12%”

“…Shares of the athletic apparel company plunged about 12% on Thursday after the retailer announced late Wednesday that CEO Stephanie Linnartz would be stepping down after barely a year on the job and Plank would replace her on April 1.  Following the… Continue Reading…