More companies are adopting new COVID restrictions including vaccination mandates, and that includes the auto industry here in the Motor City.
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(Bloomberg) -- The British Soft Drinks Association said manufacturers have “only a few days” of carbon dioxide left in reserve to produce beverages and can’t import supplies from the European Union due to Brexit. Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesMerkel’s Legacy Comes to Life on Berlin’s ‘Arab Street’Is There Room for E-Scooters in New York City?Amazon, Microsoft Swoop In on $24 Billion India Farm-Data TrovePalm Oil Giant’s Industry-Be
Only months ago, India ran so short of COVID-19 vaccines that computer experts wrote software code https://www.reuters.com/world/india/high-tech-hunt-scarce-covid-19-vaccines-india-raises-fear-fairness-2021-05-05 to help people snag scarce immunisation slots and the then health minister had to constantly battle opposition criticism on social media. The minister later quit and in came a little-known but hands-on politician, Mansukh Mandaviya, who, according to a person close to him, communicates with vaccine producers on a near daily basis and tries to resolve their problems promptly. That will help the sputtering global COVAX vaccine-sharing programme, which is far behind its pledge to deliver 2 billion doses this year following supply problems and India's export curbs.
A shortage of carbon dioxide used to stun pigs at abattoirs means a backlog of animals is growing.
Natural gas prices are soaring and supplies are beginning to drain, particularly in Europe, and the multiple causes for this phenomenon are painfully obvious and could have been prevented
- Business Insider
A chef who offers health benefits, paid vacation, and a 401(k) plan raised base pay to $18 to $24 per hour and said he's not struggling to hire workers
"The pandemic gave me an opportunity to start with a blank slate and say, let's rebuild the model and the way we've always done things," he said.
Cold winters, hot summers, and lackluster output from renewables are driving natural gas and electricity prices to record highs.
- Business Insider
A discount store in Maine is closing after losing half its staff. Despite a 'help wanted' sign in the window, only 5 people applied for a job in 6 months, its owner said.
The owner of Big Al's Super Values Store said he'd discount the remaining stock and close the store by the end of the year.
- Motley Fool
When I make plans for my retirement, I always operate under the assumption that I'll claim Social Security benefits at 62. When I estimate what Social Security will do for me as a senior, I assume I'll start my checks at 62 for one simple reason: Because that's the earliest age they become available. Since claiming Social Security at 62 instead of starting benefits later means taking a significant hit to benefits, I don't want to overestimate how much money I'll get.
(Bloomberg) -- Iron ore extended its slump below $100 a ton as China stepped up restrictions on industrial activity in some provinces. Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesMerkel’s Legacy Comes to Life on Berlin’s ‘Arab Street’Is There Room for E-Scooters in New York City?Amazon, Microsoft Swoop In on $24 Billion India Farm-Data TrovePalm Oil Giant’s Industry-Beating ESG Score Hides Razed ForestsFutures in Singapore tumbled as much as 11.
- The Daily Beast
REUTERSOrganizers of the nation’s first Black arts-and-beer festival have accused a major Pittsburgh brewery of racism, prompting an investigation into the allegations and the suspension of the eatery’s general manager.In a post on the event’s Facebook page, Barrel and Flow Fest alleged the general manager of Hofbräuhaus Pittsburgh, a brewery and restaurant, shouted racial slurs in a “fit of rage” during the Sept. 11 festival and apologized to everyone who may have been affected. Organizers call
- The Daily Beast
Michael M Santiago/GettyImagesProsecutors have discovered a tranche of evidence in the basement of a co-conspirator in the Trump Organization tax fraud case, a defense lawyer for indicted chief financial officer Allen Weisselberg revealed in court on Monday, with the attorney also signaling that more shoes are yet to drop in New York’s ongoing investigation.“We have strong reason to believe there could be other indictments coming,” Weisselberg’s lawyer, Bryan C. Skarlatos, said in Manhattan crim
- FX Empire
The dollar rallied weighing on gold prices
The International Energy Agency on Tuesday urged Russia to step up gas deliveries to Europe in anticipation of higher winter demand, as tight global supply pushes prices skywards.
(Bloomberg) -- Natural gas futures have been soaring, and they’re set to get especially high in New England and California in the coming months.Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesMerkel’s Legacy Comes to Life on Berlin’s ‘Arab Street’Is There Room for E-Scooters in New York City?Amazon, Microsoft Swoop In on $24 Billion India Farm-Data TrovePalm Oil Giant’s Industry-Beating ESG Score Hides Razed ForestsU.S. inventories are tight, to the
- Business Insider
The anti-abortion group that championed Texas' vigilante law is upset 2 people suing over abortion aren't making 'valid attempts to save innocent human lives'
"Both cases are self-serving legal stunts," said John Seago, the legislative director of Texas Right to Life, to the New York Times.
- NBC News
From McDonald's to Goldman Sachs, here are the companies mandating vaccines for all or some employees
A nationwide spike in coronavirus cases is pushing companies to implement vaccine policies for some workers.
America’s policy toward China is misdirected, because it would actually strengthen China and weaken the United States
China's industrial policy is a weakness, so why should the U.S. copy it or demand that Beijing abandon it?
(Reuters) -AT&T Inc will pursue a "multi-year effort" to improve its reputation with customers, its Chief Executive John Stankey said on Tuesday. Speaking at Goldman Sachs' Communacopia conference, Stankey said he was not satisfied with the U.S. wireless company's current brand image and added the company is not currently perceived by customers as "being the best in all cases." The Dallas-based company is working to spin off its media unit WarnerMedia to combine the assets with Discovery Inc, ending AT&T's ambitious journey to become an entertainment powerhouse and allowing it to refocus on its original communications business.
Oil and gas producer Laredo Petroleum (ticker: LPI) announced on Sunday that it was buying the rights to about 20,000 acres in West Texas from Pioneer Natural Resources (PXD) for $230 million. Laredo is paying 70% in cash and 30% in equity. Both Laredo and Pioneer were down about 5% in intraday trading.
- Yahoo News UK
The energy crisis threatens to cause widespread disruption.