Yes It Is Remote Workers Who Spiked Housing Rent Costs Study
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STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.The Wall Street Journal - World -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.The Wall Street Journal - World -
Anglo Considers Sale of Diamond Unit De Beers
The London-listed company has held conversations in recent weeks with potential buyers, including luxury houses and Gulf sovereign-wealth funds.The Wall Street Journal - World -
Copper Still Isn't a One-Way Bet
The price of the metal has surged and BHP has bid for miner Anglo American, but the bull case for the metal is a bit more complicated than it seems.The Wall Street Journal - World -
Can Biden Revive the Fortunes of American Workers?
He’s the most pro-labor president since Harry Truman. Is that enough?The New York Times - Top stories - Joe Biden -
Daimler Truck Workers Reach Deal and Avert Threatened Strike in North Carolina
The United Automobile Workers reached an agreement involving workers who make Freightliner trucks and Thomas Built buses. The deal comes as the union seeks to expand in Southern states.The New York Times - Business -
Daimler Truck Workers Reach Deal and Avert Threatened Strike in North Carolina
The United Automobile Workers reached an agreement involving workers who make Freightliner trucks and Thomas Built buses. The deal comes as the union seeks to expand in Southern states.The New York Times - Top stories -
Legal Ban on Worker Noncompetes Faces Uphill Battle
The U.S. Chamber of Commerce is among the business groups that have already filed suit against the FTC's rule, which may be overturned by increasingly skeptical courts.Inc. - Business -
Meta's Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race
Meta Platforms reported record first-quarter sales, building on AI momentum in its ad business, although investors soured on forecasts of rising costs.The Wall Street Journal - Tech -
Posco Holdings' Net Fell on Sluggish Demand, Higher Costs
Posco said higher raw material prices weighed on earnings amid a slowdown in the industry, though increased steel product prices cushioned the fall in its operating profit.The Wall Street Journal - World -
Posco Holdings' Net Fell on Sluggish Demand, Higher Costs
Posco said higher raw material prices weighed on earnings amid a slowdown in the industry, though increased steel product prices cushioned the fall in its operating profit.The Wall Street Journal - Business -
The costs of buying a home has hit an all-time high: report
It is more expensive than ever to buy a home in the U.S., according to a new report from the real estate company Redfin. The median home price hit a record $383,725 during the four week period ending April 21. That’s up 5.2 percent from a year ...The Hill - Politics -
Battery storage costs could fall up to 40 percent by 2030: IEA
A steep decline in battery costs will be the primary driver in the transition from fossil fuels to renewable energy in the years ahead, the International Energy Agency (IEA) projected. Battery costs have declined more than 90 percent in about a ...The Hill - Politics -
California Rule Seeks to Limit Health Cost Increases to 3 Percent
The stateHealth Care Affordability Board wants to cap annual health care price hikes with new five-year plan.Inc. - Business - California -
Cost of buying a home in America reaches a new high, Redfin says
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.CBS News - Top stories -
Climate change could cost Americans born in 2024 nearly $500,000 in their lifetime
In a new series by the CNBC personal finance team, we're delving into how climate change will impact your money.CNBC - Business - Climate -
Make gen AI work: The landscape, SLMs vs. LLMs, cost and more
Will 2024 be the year of AI in the enterprise? How much does AI actually cost? This week's carcast answers questions around AI, ML and data.VentureBeat - Tech -
Lawmakers push Wall Street giveaway disguised as increased worker security
If members of Congress want to improve retirement security, they should expand Social Security rather than Wall Street-favored individual savings and investment schemes.The Hill - Politics -
New Federal Rules Set Overtime Pay Guidelines for Salaried Workers
The Biden administration finalizes overtime regulations for millions more salaried workers who earn less than $43,888 a year.Inc. - Business -
SpaceX Worker Injury Rates Are Alarmingly High for Second Year in a Row
Injury rates among SpaceX employees are as much as nine times higher than the industry average in some facilities.Inc. - Business -
Chef José Andrés says aid workers killed by Israeli airstrikes represented the 'best of humanity'
The founder of World Central Kitchen says the seven aid workers killed by Israeli airstrikes represented the “best of humanity.”ABC News - Top stories - Israel -
José Andrés Eulogizes 7 World Central Kitchen Workers Killed in Gaza
The chef voiced “regret, sorrow and anger” at a Washington memorial for the workers slain while delivering food for his World Central Kitchen.The New York Times - Top stories -
Black and Latino workers die on the job at disproportionate rates, new report shows
Black workers’ job fatality rates are the highest they’ve been in nearly 15 years, and Latino workers die on the job more than any other group, according to a new report.NBC News - Top stories -
17 states challenge federal rules entitling workers to accommodations for abortion
Seventeen states are challenging new federal rules entitling workers to time off and other accommodations for abortionsABC News - Health - Abortion -
José Andrés memorializes WCK workers killed in Gaza at National Cathedral service
Celebrity chef and founder of nonprofit World Central Kitchen (WCK) José Andrés memorialized his seven employees killed during an aid mission in Gaza at a service at the Washington National Cathedral on Thursday. “They risked everything to feed ...The Hill - Politics -
Former Boeing Manager Says Workers Mishandled Parts to Meet Deadlines
Merle Meyers, who left Boeing last year after a 30-year career, said he was speaking publicly about his experience because he loved the company “fiercely.”The New York Times - Tech -
17 states sue over rule entitling workers to some abortion accommodations
Republican attorneys general from 17 states have filed a lawsuit challenging a rule entitling workers to some abortion accommodations, alleging the regulation adopted by the Equal Employment Opportunity Commission (EEOC) is in overreach. The ...The Hill - Politics - Abortion -
Starbucks, Workers United made 'significant progress' in this week's contract talks
Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract.CNBC - Business -
Bird flu cases are likely being missed in dairy workers, experts say
Are cases of bird flu being missed in dairy workers? Experts say it's likely that there are some cases going unreported. Protecting dairy workers should be a top priority.NBC News - Top stories -
United Auto Workers reaches deal with Daimler Truck, averting potential strike
The union struck a four-year agreement with the German company on Friday evening, just before the expiration of the previous contract.CBS News - Top stories -
World Central Kitchen resuming operations in Gaza after killing of 7 workers
World Central Kitchen will be resuming operations in the Gaza Strip after an Israeli strike killed seven of its workers earlier this month, the non-profit organization announced Sunday. The non-profit organization, founded by celebrity chef Jose ...The Hill - Politics -
17 states challenge federal rules entitling workers to accommodations for abortion
Seventeen states are challenging new federal rules entitling workers to time off and other accommodations for abortionsABC News - Health - Abortion -
UK veterinary deal with EU could boost agrifood exports by 22%, study finds
Since Brexit, food and drink industry has faced border checks on business with largest trading partnerFinancial Times - World - United Kingdom -
UK veterinary deal with EU could boost agrifood exports by 22%, study finds
Since Brexit, food and drink industry has faced border checks on business with largest trading partnerFinancial Times - Business - United Kingdom -
UK veterinary deal with EU could boost agrifood exports by 22%, study finds
Since Brexit, food and drink industry has faced border checks on business with largest trading partnerFinancial Times - Business - United Kingdom -
‘It should feel like an extension of the living room’: radical study centre is named best building in Europe
A ‘non-hierarchical’ university space that can be continually altered or even moved has won the EU’s biennial prize for contemporary architecture . A lightweight university study centre designed to be easily disassembled has won the prize for the ...The Guardian - World -
Study finds electric vehicles lose value more quickly than gasoline-powered cars
In what could be a troubling sign for the electric vehicle market, a recent study found that prices of used EVs dropped far more than comparably aged gas-powered vehicles. NBC News' Christine Romans reports.NBC News - Top stories -
I study wellbeing in Denmark, one of the world's happiest countries: Here are 3 phrases we say every day
Denmark is one of the happiest countries in the world. Happiness Research Institute CEO Meik Wiking reveals three commonly used phrases that help explain why.CNBC - Business