Colorado Has Set Aside $12 Milion For Statewide E-Bike Rebate Program
The exact details are still being worked out but the hope is to have the program launch by the end of 2022.
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American City Business JournalsIntel starts construction at New Albany semiconductor campus
Intel Corp. began early construction work at its $20 billion New Albany semiconductor complex Friday. Construction is slated to occur Mondays-Saturdays on the site for about three years, with operations coming online in 2025, according to an update shared by a task force consisting of the Licking County Port Authority, Grow Licking County and the Licking County Chamber of Commerce. The complex will occupy about 900 acres of land in New Albany and is expected bring tens of thousands of jobs to the area, including construction jobs and roles at ancillary businesses.
- Reuters
Airbus cancels deal with Qatar Airways for fourth A350 -sources
PARIS (Reuters) -Europe's Airbus has raised the stakes in a dispute with Qatar Airways over damage to the painted surface of long-haul A350 jets by revoking the contract for a fourth airplane, three people familiar with the matter said. The two companies are locked in a dispute over the impact of surface scars on the jets, with Airbus insisting the aircraft are safe and the Gulf carrier claiming there are unanswered questions over airworthiness and refusing to take deliveries. In May, a British judge rejected a bid by Qatar Airways to force Airbus to stop formally trying to deliver more A350s to the carrier, the aircraft's largest customer.
- Yahoo Finance
Only one thing will send gas prices back below $4 a gallon, analyst says
Despite West Texas intermediate crude oil futures dipping below $100 per barrel on Tuesday, serious gas price relief may be unlikely happen until motorists make adjustments by driving less.
- BBC
Service charge: India bans service charge at hotels and restaurants
The new rules also say that customers who refuse to pay the charge cannot be denied entry or service.
- Business Insider
Subway is straying from the business model that made it the biggest fast-food chain in the world
The new menu could increase sales and simplify operations in Subway's kitchen to reverse a sales slump.
- South China Morning Post
Huawei founder Ren Zhengfei seeks employee input on business direction amid struggle to reinvent company under US sanctions
Ren Zhengfei, founder of Chinese telecoms giant Huawei Technologies Co, has called for employees to contribute ideas about the company's future direction, according to an internal memo, as the company struggles to remake itself after US sanctions crippled its smartphone business. Despite venturing into multiple business fronts from coal mining to car systems, the Shenzhen-based company with its 195,000-strong staff worldwide has yet to find a steady revenue source that can match the profitabilit
- Deadline
‘The Office’s Dunder Mifflin At Center Of NBCUniversal Trademark-Infringement Lawsuit
This one could have been an episode of The Paper Chase. NBCUniversal is suing a company it calls a “trademark squatter” for the alleged fraudulent trademark registration of Dunder Mifflin, the name of the fictional paper company featured in NBC’s The Office. The suit filed Friday in U.S. District Court for the Central District of […]
- Reuters
Congo administrator orders China's CMOC to stop exports from Tenke cobalt mine
A temporary administrator appointed by a Congolese court to run the world's second-largest cobalt mine ordered majority Chinese owner CMOC to suspend marketing and export of its production, letters seen by Reuters showed. CMOC spokesman Vincent Zhou said the company had not received the letters and that production and exports were continuing as normal. CMOC says the mine remains under its control despite the February court order, whose implementation Congo's justice minister lifted a stay on last month.
- The Bergen Record
Popular New Jersey restaurant owner Tommy Bonfiglio dies at 62
Tommy Bonfiglio, a Monmouth County resident whose family owns a chain of restaurants in New Jersey, including two in Clifton, died on Friday.
- Bloomberg
Saudi Oil Pricing Signals Strains of Rising Competition in Asia
(Bloomberg) -- Sign up for our Middle East newsletter and follow us @middleeast for news on the region.Most Read from BloombergNatural Gas Soars 700%, Becoming Driving Force in the New Cold WarCiti Says Oil May Collapse to $65 by the Year-End on RecessionOil Plummets Below $100 as Recession Risks Come to ForefrontUS Wants Dutch Supplier to Stop Selling Chipmaking Gear to ChinaAmerican Factories Are Making Stuff Again as CEOs Take Production Out of ChinaSaudi Arabia is offering some of its crude
- The Hill
Oil industry group: White House ‘intern’ who posted high gas prices tweet should take economics class
An oil industry group blasted a tweet from President Biden’s account over the weekend that called on “companies running gas stations” to lower their prices, saying the intern who penned the post should enroll in “Econ 101.” The retort from the U.S. Oil and Gas Association, which has picked up 19,000 retweets and more than…
- LA Times
On its back foot in defamation lawsuit, Fox News hires new legal counsel
'Superlawyer' Dan Webb will lead the Murdoch-owned company's defense against Dominion Voting Systems in the case tied to 2020 election fraud claims.
- MarketWatch
Car quality is slipping: These are the brands with the most and least complaints, study finds
KELLEY BLUE BOOK New car owners are experiencing more problems in the first 90 days of ownership than ever before. Buick took the top spot in the 2022 J.D. Power Initial Quality Study, but the headline isn’t the winner this year.
- Oilprice.com
Is This The Most Promising Oil Discovery Hotspot On Earth?
Following in the footsteps of Guyana, Suriname promises to be the world’s next great offshore drilling hotspot
- The Telegraph
Dutch to make working from home a legal right – and the rest of Europe could follow
The Netherlands is on the cusp of making working from home a legal right in a radical move that experts say could be followed across Europe.
- The Bergen Record
Ben & Jerry's sues Unilever, claims latest West Bank move risks progressive mission
In lawsuit, Ben & Jerry's says NJ-based Unilever violated their contract when it allowed a company to sell its ice cream in occupied West Bank.
- MoneyWise
Forget restaurants and retail — teens are seizing the jobs they want as 'desperate' employers try to fill seats
Teens looking to join the labor force this year will find they hold a lot of power.
- USA TODAY
Some workers are re-creating home environments in the office; others decided not to return
Some employees are resisting mandates to return to the office, while many who do comply bring bits of home with them.
- TheStreet.com
Tesla's Big Problem Keeps Growing
Black employees at Tesla ( ) said the company is not preventing racial discrimination and sued the EV automaker for intimidation and harassment, as the number of these lawsuits increases. The lawsuit includes 15 former or current employees who allege that management at the Fremont, California factory is not preventing harassment. The Black employees filed a lawsuit in California in state court in Alameda County on June 30 and said they were the targets of numerous derogatory comments, racial slurs and racially-motivated harassment at the plant.
- Motley Fool
The One Social Security Trap I Refuse to Fall Into
When I casually asked him if he planned to work in any capacity during retirement, his answer was an adamant no. Like many seniors today, my former colleague plans to get the bulk of his retirement income from Social Security.