Business

“CIA Offers Buyout to Entire Workforce as Part of Trump Makeover”

“The Central Intelligence Agency offered buyouts to its entire workforce Tuesday, in what officials said is a bid to bring the agency in line with President Trump’s priorities, including targeting drug cartels.  The CIA appeared to be the first intelligence… Continue Reading…

Business, Economy

“About 100,000 eggs worth $40K stolen from trailer in Pennsylvania”

“Thieves poached about 100,000 eggs from the back of a distribution trailer, authorities in Pennsylvania said. The theft occurred around 8:40 p.m. Saturday at Pete and Gerry’s Organics LLC in Greencastle, police said in a report. The eggs are worth about… Continue Reading…

Business

[Chinese Computer Chip Maker] “DeepSeek’s ‘Sputnik moment’ sparks rout in AI-linked stocks”

“…Investors hammered technology stocks on Monday, sending the likes of Nvidia and Oracle plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts on dominance of U.S. companies in this sector. Startup DeepSeek last week launched a… Continue Reading…

Business

“Ford CEO says China operations earned $600 million in 2024”

“”Ford Motor’s operations in China earned roughly $600 million last year. Farley said those earnings included the export of vehicles such as the Lincoln Nautilus, which is exclusively produced in China for other markets such as the U.S. China has been… Continue Reading…

Business

“Bank of America downgrades Tesla stock, raises price target saying ‘execution risk is high'”

https://finance.yahoo.com/news/bank-of-america-downgrades-tesla-stock-raises-price-target-saying-execution-risk-is-high-202959359.html I’m not interested in what the article has to say. More importantly Bank Of America is acting like Tesla is a risk? While that may or may not be true Bank Of America itself is a bigger risk because… Continue Reading…

Business

“41% of companies worldwide plan to reduce workforces by 2030 due to AI”

“Artificial intelligence is coming for your job: 41% of employers intend to downsize their workforce as AI automates certain tasks, a World Economic Forum survey showed Wednesday. Out of hundreds of large companies surveyed around the world, 77% also said… Continue Reading…

Business

“McDonald’s sex for shifts scandal as 700 staff and ex-workers take legal action”

“More than 700 current and ex McDonald’s staff are suing the firm over ­allegations bosses sexually abused them as teenagers. The burger giant has been hit by new claims just a year after UK chief Alistair Macrow apologised over sordid… Continue Reading…

Business

“Meta scraps fact-checking, brings back political content in latest Trump-friendly move”

“… Meta announced it will eliminate its third-party fact-checking program and implement a “Community Notes” model, similar to the one that exists on Elon Musk’s X. CEO Mark Zuckerberg said the company is also bringing back political content on its… Continue Reading…

Business

“Which US companies are pulling back on diversity initiatives?” [DEI]

“McDonald’s joins a growing list of companies that are pulling back on diversity, equity and inclusion initiatives. Like others before it, the fast-food chain cites a U.S. Supreme Court decision in July 2023 that outlawed affirmative action in college admissions… Walmart The world’s… Continue Reading…

Business

“Nikola’s hydrogen-powered truck deliveries to dealers rise 22% in Q3”

“The EV maker delivered 88 Class 8 hydrogen fuel cell trucks to dealers in the quarter, in line with its expectations of selling 80 to 100 units. But that lagged the 80% sequential surge in deliveries reported in the second… Continue Reading…