Cart

0

Business, Economy

“Intel to Cut Thousands of Jobs to Reduce Costs, Fund Rebound”

“…The workforce reduction may be announced as early as this week, according to people familiar with the company’s plans, who asked not to be identified because the information isn’t public. Intel, which is scheduled to report second-quarter earnings Thursday, has… Continue Reading…

Economy, Real Estate

“US office buildings face $117BN debt time bomb: Mortgages due this year threaten to sink US economy as thousands of workplaces remain empty”

“Billions of dollars in loans on office buildings that are about to come due could play havoc with the US economy after interest rates soared. About $117 billion worth is expected to be due this year and needs to be repaid or… Continue Reading…

Economy

[Japan] “Thousands of tonnes of dead fish wash up on beach and nobody knows why”

“The haul – mostly sardines and some mackerel – washed ashore in Hakodate on the northernmost main island of Hokkaido on Thursday morning. It created a sliver blanket stretching half a mile along the coastline…”

Business

“Thousands of Southern California hotel workers begin strike”

“Just as the July Fourth holiday weekend gets into high gear, thousands of hotel workers in Southern California began striking Sunday morning seeking to negotiate a contract with higher wages and other benefits, according to the union representing the workers.… Continue Reading…

Economy, Energy

[Bad Idea] “Walmart will add thousands of EV charging stations to stores by 2030”

“Walmart announced Thursday it plans to add electric vehicle charging stations to thousands of U.S. stores by 2030. The company announced it would expand its EV fast-charging network to Walmart and Sam’s Club locations across the country, adding to the… Continue Reading…

Economy

“…Homeless at the gates of Disney: Thousands are living in motels, encampments and even their cars…”

“It’s the ‘Most Magical Place on Earth’, where millions of families flock every year to have their dreams spun from fantasy to reality. But for thousands living in the shadow of Disney World near Kissimmee, Florida, life is far from a… Continue Reading…