Search and rescue efforts underway in Florida after ‘catastrophic’ hurricane

An aerial photo taken on Sept. 30, 2022 shows the only access to the Matlacha neighborhood destroyed after Hurricane Ian in Fort Myers, Florida. Ricardo Arduengo | AFP | Getty Images Search and rescue efforts are underway in Florida after a devastating Category 4 hurricane made landfall on Wednesday. At least 77 people have been …

Tesla (TSLA) Q3 2022 Automobile Supply and Manufacturing Numbers

A Tesla Model Y on display at a Tesla store at Westfield Culver City Shopping Center in Culver City, California, United States on Thursday, April 14, 2022 Bing Guan | Bloomberg | Getty Images The electric vehicle manufacturer Tesla has just published the vehicle production and delivery figures for the third quarter of 2022. Here …

The recession could possibly be a serious handicap for Starbucks and Amazon unions

The union movement, launched across the country more than a year ago, has continued its momentum in 2022, with workers in warehouses, cafes, grocery stores and airlines pushing for representation. Working conditions during the pandemic prompted many of these frontline workers to organize, but fears about the economy and a possible recession could slow the …

Elon Musk exhibits the prototype of a humanoid robotic on the Tesla AI Day

Tesla is demonstrating an early prototype of the Optimus humanoid robot at its AI Day 2022 on September 30 screenshot Tesla CEO Elon Musk and other leaders of the automaker’s AI and hardware teams spoke Friday night at the company’s 2022 AI Day, an engineer recruitment event in Palo Alto, California. During the final AI …

Putin declares “4 new areas of Russia” whereas Moscow annexes components of Ukraine

Russian President Vladimir Putin meets with Moscow-appointed heads of four Ukrainian regions partially occupied by Russia September 30, 2022 at the Grand Kremlin Palace in Moscow, Russia. Contributor | News from Getty Images | Getty Images Russian President Vladimir Putin on Friday declared four new regions in the country, shortly after holding mock referendums in …

Erdogan says Turkey will reduce rates of interest additional, taunts sterling

Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey, May 18, 2022. Murat Cetinmuhurdar/Presidential Press Office/Handout via REUTERS THIS PICTURE WAS PROVIDED BY A THIRD PARTY. NO RESALE. NO ARCHIVES. MANDATORY CREDIT Murat Cetinmuhurdar Reuters Turkey will continue to cut interest rates, its …

Amazon is growing pay for warehouse and supply employees

A worker sorts packages at the outbound dock of the Amazon fulfillment center in Eastvale, California on Tuesday, August 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon is increasing hourly wages for its warehouse and delivery workers, the company announced on Wednesday. Beginning in October, Amazon’s average starting …

Financial institution of England delays bond sale and launches short-term buy program

LONDON – The Bank of England is set to suspend the scheduled start of its gilt sales next week and begin buying long-dated bonds on a temporary basis in a bid to calm market chaos sparked by the new government’s so-called mini-budget. UK government bond yields, known as ‘gilts’, were on track for their strongest …