Socioeconomics

Twitter deal with Elon Musk

Twitter tries to call employees as a deal with Elon Musk

The $44 billion deal Mr. Musk made to purchase Twitter is expected to close by Oct. 28. This is a way for the company to reassure employees about their jobs and their compensation. Twitter is trying to calm employees’ fears about Elon Musk’s imminent takeover of the company. This raises concerns about a seismic overhaul of …

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European Prices on Natural Gas are Suddenly Plumming

European Prices on Natural Gas are dropping

Full storage, lower demand, and mild weather have all helped to ease concerns about a rise in heating and power costs. However, socioeconomic power dynamics are constantly shifting and as a result the European prices on natural gas are suddenly dropping. Russia’s natural gas exports to Europe are declining and the war in Ukraine is …

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Biden Administration Releases Plan for $50 Billion Investment in Chips

Biden Administration Releases Plan for $50 Billion Investment in Chips

The Commerce Department issued guidelines for companies that are seeking federal funds aimed at strengthening the industry of semiconductors in the US. WASHINGTON – The Department of Commerce on Tuesday revealed its plan to distribute $50 billion to build the U.S. semiconductor industry and fight China in what is likely to be the largest U.S. …

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Fierce battle to reset Tax Deals for climate and environmental conservation

Fierce battle to reset Tax Deals for climate and environmental conservation

It was the West Virginia Democrat who said he has resisted and was willing to sign up for the climate, energy, and tax package following a return to the table to discuss an option to combat inflation. WASHINGTON – Senate Chuck Schumer, the majority leader, and Senator Joe Manchin III, Democrat from West Virginia, were …

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zero emission vehicles

G.M. has ambitious plans to only sell zero emission vehicles by 2035

This ambitious move is part of a larger plan to make the company carbon neutral by 2040. The days of the internal combustion motor are over. General Motors announced Thursday that it will phase out petrol-powered cars and trucks by 2035 and only sell vehicles with zero tailpipe emissions. This seismic shift is by one of …

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Walmart is implementing a self driving delivery service

In collaboration with Ford and Argo Walmart is implementing a self driving delivery service.

With half a dozen vehicles equipped with Argo technology, the service will be available in Miami, Washington, and Austin, Texas. Ford Motor has teamed up to test the delivery of groceries by self-driving cars in three different cities. Argo stated Wednesday that the service will begin in Miami, Washington, and Austin, Texas. It will only be …

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Railroad Unions and Railroad Companies

Railroad Unions and Railroad Companies Come to a Tentative Agreement to Avoid Strike

After negotiations brokered late at night by the labor secretary, President Biden announced the agreement. WASHINGTON — After all-night talks brokered late Thursday night by Labor Secretary Martin J. Walsh and freight rail companies, unions representing tens or thousands of workers came to a tentative agreement in order to avoid an economically devastating strike. Now, …

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market opportunities by the metaverse

How to Market in the Metaverse

There has been much talk about the metaverse since Facebook changed its name to Meta. The metaverse, which is bigger than Facebook, has been a rapidly-growing trend that will impact every aspect of culture entertainment marketing. This is why every marketer or business owner who promotes any product online should be aware of the exciting developments in …

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American politics and inflation

Rapid Inflation Fuels Debate Over What’s to Blame: Pandemic or Policy

The White House is emphasizing that inflation is widespread. The economists agree -however, stimulus-driven consumer spending can also be blamed. The price hikes that are afflicting business, consumers and policymakers across the globe have ignited the rage of discussion in Washington over the extent to which today’s raging price rises are due to policies made that …

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