Tesla to lay off 693 employees in Nevada, government notice says

Financial Post
Matthew Lau: Activists' illogical boycott of Loblaw just doesn't add up
How is a grocery chain whose profit margin is a little over 3% supposed to cut its prices by 15%?
GOBankingRates
I Have Regrets About Retiring Early: 4 Expenses I Should Have Prepared For
Early retirement sounds like a dream come true, but it's not all rainbows and roses for most people. Find Out: These 8 Expenses Can Kill Your Retirement -- Should You Ditch Them ASAP?Learn More: 4...
Associated Press Finance
Deadline for businesses to apply for their share of massive credit card company settlement looms
A deadline is looming for millions of businesses who may be entitled to a payout in a $5.5 billion antitrust settlement with Visa and Mastercard. The settlement stems from a 2005 lawsuit that alleged merchants paid excessive fees to accept Visa and Mastercard credit cards, and that Visa and Mastercard and their member banks acted in violation of antitrust laws. Any businesses that accepted Visa and/or Mastercard credit or debit cards in the U.S. between January 1, 2004 and January 25, 2019 may be eligible to receive part of the settlement.
Bloomberg
Russia’s War Economy Starves Crucial Oil Industry of Manpower
(Bloomberg) -- Russia’s oil and gas industry has been crucial for bankrolling the invasion of Ukraine, giving the Kremlin the funds to keep fighting even as the conflict drags on through its third year. But the industry is facing a shortage of manpower as the full mobilization of Russia’s economy for war exacerbates a longstanding demographic crunch.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are C
Local Journalism Initiative
Pensions of 16,000 workers, retirees at stake in court battle
Union lawyers grilled a pension expert in a New Brunswick court on Friday, part of a bigger battle to overturn a law passed by the Higgs Progressive Conservative government to convert the retirement plans of 16,000 public workers and retirees to something cheaper for taxpayers. Joseph Nunes, the executive chairman and founder of Actuarial Solutions in southern Ontario, was hired by the Tory government to file a report and act as an expert witness in service of the Court of King’s Bench, which is
SmartAsset
When I Claim My $4,000 Social Security, Will My Wife Automatically Get a Spousal Benefit?
My wife is 76, born in 1948. She retired at full retirement age and currently collects $1,076 per month. I will be retiring and start collecting at 70 this year (I was born in 1954). When I collect $4,000+ per month does her monthly payment go up to spousal benefit automatically or does it have […] The post When I Claim My $4,000 Social Security, Will My Wife Automatically Get a Spousal Benefit? appeared first on SmartReads by SmartAsset.
Business Insider
Fisker is closing its Manhattan Beach headquarters, employees say
Fisker has begun to close down its Manhattan Beach office, the site of the company's headquarters, three sources told Business Insider.
Bloomberg
Battery Developer Backed by Paulson, Gates Files for Bankruptcy
(Bloomberg) -- Ambri Inc., which has been trying to build an industrial-scale battery for 14 years, filed for bankruptcy after it ran through all the cash it had received from investors, including firms tied to Microsoft Corp. co-founder Bill Gates and hedge fund billionaire John Paulson.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-T
Yahoo Finance Video
US revokes export licenses for Huawei's chip suppliers: FT
The Biden administration revoked export licenses from Intel (INTC) and Qualcomm (QCOM) for the supply of chips to Chinese tech company Huawei, according to a report from the Financial Times. Market Domination Anchors Jared Blikre and Josh Lipton break down the latest developments for these chip companies and what it means for their stocks moving forward. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
GOBankingRates
3 Genius Things People Do With Their Investment Portfolios After Retiring
You've finally made it to retirement -- after years of working, saving, investing and handling all of life's curveballs, it's time to kick back and relax. As you look to the years ahead, though, you...
Euronews
EU ready to make 'full use' of trade defence tools against China, von der Leyen warns Xi
The European Union stands ready to flex its muscles to protect the bloc from China's aggressive trade practices, European Commission chief von der Leyen warned Monday following a three-way meeting with Macron and Xi.
GOBankingRates
7 Warren Buffett Myths You Should Stop Believing
Warren Buffett, called the "Oracle of Omaha" for his savvy investing moves, and the billionaire chairman behind Berkshire Hathaway, gets a lot of press for his financial decisions, lifestyle and...
Bloomberg
JPMorgan Sees Gain of About $8 Billion From Visa Exchange Offer
(Bloomberg) -- JPMorgan Chase & Co. said it expects to book an $8 billion accounting gain after completing its part of a deal with Visa Inc. letting big banks restructure their stakes in the payments giant.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountHigh-Tech Trading Firms Race
Reuters
Factbox-Chinese EV makers' plans to make cars in Europe
Some Chinese carmakers are looking to set up manufacturing and assembly plants in Europe as they aim to ramp up sales in the region of lower costs cars to rival their European competitors amid slowing demand at home, the world's largest car market. European imports of Chinese-made electric vehicles (EVs) have soared in recent years, raising concerns among domestic EV producers that could suffer significant losses by a wave of cheap Chinese electric vehicles, and politicians alike.
GOBankingRates
Lost Your Job 10 Years Short of Retirement? How To Finish Saving Without Getting Another One
Retiring early is sometimes not a pre-planned option for many Americans. According to a TransAmerican Institute survey, about 17% of workers retire sooner than originally planned due to various...
United Press International
Qantas agrees to pay $79M to settle lawsuit for selling seats on canceled flights
Qantas said on Monday it has reached a settlement with the Australian Competition and Consumer Commission to resolve court proceedings over the carrier booking flight that had previously been canceled.
Reuters
Toyota to get an earnings lift from hybrids as EV hype cools
Toyota Motor is expected to get a big lift from demand for hybrids when it reports annual earnings on Wednesday, illustrating how the world's top-selling automaker is poised to benefit as hype around battery electric vehicles cools. But the forecast record results, to be helped in part by a boost from the weak yen currency, belie the considerable challenges it faces in critical markets. In China it is pressured by a ferocious price war and in the U.S., the fallout from consumers grappling with higher borrowing costs.
Reuters
CICC, Citic, JPMorgan cut investment banking jobs in China as deals stall
HONG KONG (Reuters) -Two Chinese companies and JPMorgan have become the latest banking groups to cut jobs in China as a slow recovery in listing and dealmaking activities force them to ramp up cost controls, six sources with knowledge of the matter said. Beijing-based China International Capital Corp (CICC) is planning to reduce its investment banking headcount by at least 10% this year, two people with knowledge of the matter told Reuters. Peer CITIC Securities is cutting around a dozen investment banking jobs in Hong Kong, according to two other sources.
Reuters
Exclusive-Paraguay pushes rival bid for $1.5 billion Argentina-Brazil gas connector
Paraguay is advancing talks with energy firms and high-ranking government officials from Argentina and Brazil over a potential $1.5 billion gas pipeline to connect the three countries, senior government officials for Paraguay and Brazil told Reuters. The plan being drawn up by Paraguay, reported in detail for the first time, aims to compete with a rival Bolivian bid to repurpose existing pipelines to transport Argentine gas to Brazil.
Reuters
Canada's WestJet reaches tentative deal with union to avoid work stoppage
WestJet, which is owned by Onex Corp, had on Saturday issued a 72-hour lockout notification to the ‍Aircraft Mechanics Fraternal Association (AMFA), warning of a work stoppage as early as Tuesday unless a deal was reached. "After nine months of tough negotiating, we are proud to have reached a tentative agreement that will now be presented, through the ratification process," AMFA's Region II Director Will Abbott said.

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Tesla to lay off 693 employees in Nevada, government notice says

Latest Stories

Matthew Lau: Activists' illogical boycott of Loblaw just doesn't add up

I Have Regrets About Retiring Early: 4 Expenses I Should Have Prepared For

Deadline for businesses to apply for their share of massive credit card company settlement looms

Russia’s War Economy Starves Crucial Oil Industry of Manpower

Pensions of 16,000 workers, retirees at stake in court battle

When I Claim My $4,000 Social Security, Will My Wife Automatically Get a Spousal Benefit?

Fisker is closing its Manhattan Beach headquarters, employees say

Battery Developer Backed by Paulson, Gates Files for Bankruptcy

US revokes export licenses for Huawei's chip suppliers: FT

3 Genius Things People Do With Their Investment Portfolios After Retiring

EU ready to make 'full use' of trade defence tools against China, von der Leyen warns Xi

7 Warren Buffett Myths You Should Stop Believing

JPMorgan Sees Gain of About $8 Billion From Visa Exchange Offer

Factbox-Chinese EV makers' plans to make cars in Europe

Lost Your Job 10 Years Short of Retirement? How To Finish Saving Without Getting Another One

Qantas agrees to pay $79M to settle lawsuit for selling seats on canceled flights

Toyota to get an earnings lift from hybrids as EV hype cools

CICC, Citic, JPMorgan cut investment banking jobs in China as deals stall

Exclusive-Paraguay pushes rival bid for $1.5 billion Argentina-Brazil gas connector

Canada's WestJet reaches tentative deal with union to avoid work stoppage