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- Associated Press
Just days after a South Dakota agency moved to deny her daughter's application to become a certified real estate appraiser, Gov. Kristi Noem summoned to her office the state employee who ran the agency, the woman's direct supervisor and the state labor secretary. Noem's daughter attended too. Kassidy Peters, then 26, ultimately obtained the certification in November 2020, four months after the meeting at her mother's office.
China's C919 jetliner - a no-show at the country's biggest air show this week – has found it harder to meet certification and production targets amid tough U.S. export rules, according to three people with knowledge of the programme. The state-owned manufacturer, Commercial Aircraft Corp of China (COMAC), has been unable to get timely help from suppliers and has run out of some spare parts, those people said. U.S.-linked suppliers are gradually receiving the licences, but the hiccup has slowed down Chinese certification, and months-long delays threaten to affect early production, said the people, who declined to be named because of the sensitivity of the matter.
- Business Insider
Tech companies keep asking employees to take pay cuts to work remotely, but workers are rejecting the idea they should be paid differently based on where they live
Tech workers don't buy location-based compensation, and most say they won't take a pay cut. The industry is redefining how they should be paid.
Most offices have eight-hour workdays—how many of those hours are we really supposed to be working? We asked a productivity expert, a psychologist, a labor journalist, and a boss.
- WTVD – Raleigh/Durham
Looking for a job? Thousands of new jobs are soon coming to RTP.
- American City Business Journals
Tesla is assembling is workforce for the billion-dollar factory nearing completion just outside Austin. Experts tell us this recent hiring wave is only the beginning. Click through for more info, as well as a list of the largest private employers in the Austin area (which Tesla should soon join).
Widening power shortages in China have halted production at numerous factories including many supplying Apple and Tesla, while some shops in the northeast operated by candlelight and malls shut early as the economic toll of the squeeze mounted. China is in the grip of a power crunch as a shortage of coal supplies, toughening emissions standards and strong demand from manufacturers and industry have pushed coal prices to record highs and triggered widespread curbs on usage. Rationing has been implemented during peak hours in many parts of northeastern China since last week, and residents of cities including Changchun said cuts were occurring sooner and lasting for longer, state media reported.
NEW YORK (Reuters) -Wells Fargo & Co will pay $37.3 million to settle U.S. government claims it fraudulently overcharged commercial clients on foreign exchange services, the latest in a string of scandals over the bank's treatment of customers. Monday's settlement resolves U.S. Department of Justice civil fraud charges against the fourth-largest U.S. bank, and includes a $35.3 million fine plus a $2 million forfeiture. The Justice Department said sales specialists jokingly used expressions such as "back the truck up" and "when in doubt, spread them out" when they were overcharging customers, with one referring to the sales group as a "bucket shop."
As China tries to reshape its economy, many U.S. companies, including those in materials and technology sectors, may feel some pain.
Automakers are cutting well into muscle at this point…
- Business Insider
A new campaign urges companies to stop 'ghosting' job candidates, which it says is bad for both people's wellbeing and brands' reputations
Recruitment firm Tribepad is asking companies to admit they may have "ghosted" applicants in the past - but will try to avoid doing so in the future.
Most people think of the obvious tax benefits Roth IRAs offer, but these accounts have some less-obvious advantages that savvy savers – whether young and just starting out or newly retired – can tap into as well.
- The Guardian
Working from home has made life easier for many people. But easier or more convenient working conditions shouldn’t come at a cost to workers; they should simply be a part of good corporate practice ‘A recent GoodHire study found that 61% of survey respondents would be willing to take a pay cut to maintain remote working status.’ Photograph: Joe Giddens/PA After months of remote work, many Americans are less than thrilled at the prospect of returning to the office. Despite the efforts of many emp
Hurricane Ida also hit oil output, a primary reason Goldman sees the price going to $90. Goldman Sachs has raised its oil price forecast to $90 a barrel as it said Hurricane Ida should prove to be “the most bullish hurricane in U.S. history.” “Global oil demand is back to converging to pre-Covid levels led by mobility in Asia, including China, and with the Delta Covid impact fading,” they said, adding that the global decline in air travel was smaller than first feared.
- Washington Examiner
Prince Andrew is selling his $23.7 million ski-resort chalet in Switzerland, the only property that he still owns in his own name.
(Bloomberg) -- China may be diving head first into a power supply shock that could hit Asia’s largest economy hard just as the Evergrande crisis sends shockwaves through its financial system. Most Read from BloombergHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May Be the City of the FutureSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesThe Rise of the Pandemic DashboardA Jewish Tradition Makes Room for Unconventional DesignThe crackdown on power consumption is be
Get ready for growth stocks to come roaring back to life says this top-performing manager. Here are his picks.
Online delivery, social media apps and software are hot stocks for the growth fund manager who says value companies are about to take a back seat.
The Google Cloud Platform is cutting its percentage revenue share to 3% from 20%, CNBC said, citing a person familiar with the matter. Earlier this year, Google cut the service fee it charges developers on its app store by half on the first $1 million they earn in revenue in a year.
- Yahoo Money
A Roth 401(k) is an employee-sponsored retirement plan that allows you to contribute after-tax earnings.
Soaring energy prices and cheap valuations make this group attractive.