Judge rules against pay raise for NYC Uber drivers
The judge says faulty methods were used to calculate the scheduled increase for drivers.
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TheStreet.comKroger Merger Is Good for You (and Maybe Bad for Walmart, Costco, and Amazon)
A consumer group has sued to block the Kroger and Albertsons merger, but it's missing the obvious.
- BuzzFeed
24 Job Interview Red Flags That Can Reveal A Company Or Job Is Beyond Toxic
"The interviewer tried to convince me to lowball myself after I said what I’d accept as a minimum salary. 'If we pay you that, you wouldn’t get a bonus at the end of the year, and you’d be really upset when everyone else got one.'"
- Business Insider
A laid-off Google engineer describes losing his 'only career' 16 years after starting as an intern
Joel Leitch wrote in a LinkedIn post that 'Google has been my one and only career' after he was among the 12,000 staff laid off.
- Associated Press
FACT FOCUS: Egg shortage breeds chicken-feed conspiracies
The theory gained steam on Facebook, TikTok and Twitter in recent weeks, with some users reporting that their hens stopped laying eggs and speculating that common chicken feed products were the cause. “One of the largest egg producers in the country cut a deal with one of the largest feed producers in the country to change their feed formula so it no longer contains enough protein and minerals for your chickens to produce eggs,” one Facebook user wrote in a post shared more than 2,000 times. CLAIM: Chicken feed companies have altered their products to stop backyard hens from laying eggs and drive up demand for commercial eggs.
- Motley Fool
Warren Buffett More Than Doubles His Money on This Stock Every 2 Years
Berkshire Hathaway's longest-held stock is generating a jaw-dropping 54.2% annual yield, relative to cost.
- American City Business Journals
Tech companies fueled development in Bellevue, but now the future is murky
Bellevue's fortunes seem tethered to the growth of tech giants and right now, uncertainty reigns as those companies are shedding jobs and office space.
- Bloomberg
Oil Market Faces Production Issue in 2024, Goldman’s Currie Says
(Bloomberg) -- Oil will rise back above $100 a barrel this year and may face a serious supply problem in 2024 as spare production capacity runs out, according to Goldman Sachs Group Inc. Most Read from BloombergHundreds Dead as Earthquakes Hit Turkey and SyriaChina Moves From Contrite to Confrontational Over US BalloonUS Moves to Recover Chinese Balloon While Weighing RetaliationF-22 Makes First Air-to-Air Strike in Chinese Balloon TakedownUS Downs Chinese Balloon, Prompting Protests from Beijin
- MoneyWise
Laid-off Silicon Valley workers are panic-selling their start-up shares as valuations plunge — here are 3 top tech stocks for 2023 that actually make money
It's a tech-astrophe out there. But you have options.
- Yahoo Finance
Here's how to delay taking required withdrawals from retirement accounts
While a new law increases the age you must withdraw from certain retirement accounts, there are two ways to delay that requirement even longer.
- GOBankingRates
More Than Half of U.S. Adults Are ‘Jeopardizing’ Retirement Preparedness With Poor Life Expectancy Knowledge, Report Says
One of the keys to a comfortable retirement is building enough wealth to ensure you don't run out of money while you're still alive. This requires familiarity with average life expectancies, but not...
- Business Insider
Silicon Valley needs to stop laying off workers and start firing CEOs
Tech CEOs at companies like Facebook, Google, and Amazon screwed up — but it's the laid-off employees who are paying the price.
- Business Insider
Adani cut its UK audit bill in half by dumping a Big 4 firm for a much smaller rival, filings show as scrutiny of its safeguards deepens
Corporate filings show Adani's UK-listed group dropped its audit bill from $309,000 to $172,000 by enlisting the UK's 12th-ranked auditor, per Accountancy Age.
- Associated Press
Europe bans Russian diesel, other oil products over Ukraine
Europe imposed a ban Sunday on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin's fossil fuel earnings as punishment for invading Ukraine. The ban comes along with a price cap agreed by the Group of Seven allied democracies. The goal is allowing Russian diesel to keep flowing to countries like China and India and avoiding a sudden price rise that would hurt consumers worldwide, while reducing the profits funding Moscow's budget and war.
- Reuters
FTX judge weighs demand for independent bankruptcy investigation
(Reuters) -A U.S. bankruptcy judge is considering at a Monday court hearing in Delaware whether to greenlight a court-supervised investigation into the collapse of FTX, a course of action that the crypto exchange opposes as redundant and wasteful. The U.S. Department of Justice's bankruptcy watchdog has urged U.S. Bankruptcy Judge John Dorsey, who is overseeing FTX's Chapter 11, to appoint an independent examiner to investigate allegations of "fraud, dishonesty, incompetence, misconduct, and mismanagement" that are "too important to be left to an internal investigation." Juliet Sarkessian, an attorney for the U.S. Trustee, said such an investigation is mandatory under federal law in all large bankruptcy cases where DOJ requests one.
- Argus Research
Analyst Report: Altria Group Inc.
Altria Group, founded in 1919, manufactures and sells cigarettes, smokeless tobacco products, and alcoholic beverages in the United States and abroad. Its wholly owned subsidiaries include Philip Morris USA Inc. and John Middleton Co., a leading U.S. cigar manufacturer. Its smoke-free portfolio includes ownership of U.S. Smokeless Tobacco Company LLC and Helix Innovations LLC, a manufacturer of oral nicotine pouches.