The Los Angeles City Council approved one of the strictest vaccination requirements in the U.S., requiring proof of vaccination against COVID-19 to enter restaurants, bars, shopping centers and more. Omar Villafranca reports.
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(Bloomberg) -- Drones buzz above traffic-clogged roads in Ordos, Inner Mongolia, as white-capped police officers attempt to manage lines of hundreds of trucks waiting to be loaded with cargoes of coal. Many have been there for days. Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyForget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureCities' Answer to Sprawl? Go Wild.Google’
- LA Times
Prices are so high — and consumers are so perplexed — that a Google search of "Why are gas prices going up?" has spiked this month.
(Bloomberg) -- Stockpiles at the biggest U.S. crude depot are quickly approaching critically low levels. The last time that happened, crude cost more than $100 a barrel.Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyCities' Answer to Sprawl? Go Wild.Forget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureOne of California’s Wealthiest Counties Could Run Out of Water Next Sum
- Washington Examiner
An ongoing push to ban natural gas appliances in California cites a university and environmental group report that used misleading science to help their argument, according to an industry report.
- Business Insider
In a small California town, gas prices hit $7.59 per gallon this week - more than double the national average, which is at a 7-year high.
(Bloomberg) -- President Joe Biden said Thursday night that Americans should expect high gasoline prices to continue into next year because of policies by OPEC and other foreign oil producers. Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeForget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyCities' Answer to Sprawl? Go Wild.Google’s Biggest Moonshot Is Its Search for a C
- Associated Press
For the first time in eight months, the global shortage of computer chips won’t force General Motors to close any North American factories. Phil Amsrud, senior principal analyst for IHS Markit who studies the chip market, said GM's move is a good sign, but doesn't signal the end of the chip shortage. GM’s plants being open may be more of a sign that the company is getting better at dealing with shortages by getting rid of some optional features and diverting those chips to other uses, he said.
(Bloomberg) -- Europe’s magnesium shortage could shutter industrial operations within weeks, threatening thousands of businesses and millions of jobs in sectors from cars to packaging, associations warned. Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyForget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureCities' Answer to Sprawl? Go Wild.Google’s Biggest Moonshot Is Its S
If you're at or nearing retirement age, it's possible your boss wants you to retire, but you just haven't gotten the memo. Some employers take a direct approach when encouraging workers to start their...
LONDON (Reuters) -The U.S. Commerce Department said on Thursday companies such as Intel and Infineon had signaled they would cooperate with a voluntary request for data on the chips crisis, but may make it compulsory depending on the number and quality of responses. The White House made the request to automakers, chip companies and others last month, saying the information would boost supply-chain transparency and help understand where bottlenecks exist.
Photo by Towfiqu barbhuiya on Unsplash Many Americans worry they’re not saving enough for retirement, and rightfully so. A recent Northwestern Mutual study found that 71% of U.S. adults admit their financial planning needs improvement. However, only 29% of Americans work with a financial advisor. The value of working with a financial advisor varies by person and advisors are legally prohibited from promising returns. Still, research suggests people who work with a financial advisor feel more at
- Rolling Stone
Hannah Archuleta, 19, says she was shipped off to the ranch in Escalante, Utah, when she was 17 after appearing on an episode of Dr. Phil
- Motley Fool
Future retirees need to be realistic about the role Social Security will play in supporting them. This problem is why the chart below is the most important Social Security chart you'll ever see. It also shows the average Social Security benefits retirees received in each of those years.
A trio of Swedish firms are developing a means of producing high-quality steel without releasing so much carbon dioxide -- and Volvo is already using it to build mining equipment.
LONDON (Reuters) -Britain's energy market faces an absolute massacre that could force at least 20 suppliers into bankruptcy in the next month alone unless the government reviews the energy price cap, Scottish Power Chief Executive Keith Anderson said on Thursday. Natural gas prices have spiked this year as economies reopened from COVID-19 lockdowns and high demand for liquefied natural gas in Asia pushed down supplies to Europe, sending shockwaves through industries reliant on power. Around 13 British suppliers have collapsed in recent months, forcing more than 2 million customers so far to switch providers.
NEW DELHI (Reuters) -The Serum Institute of India (SII), the world's biggest vaccine maker, has nearly quadrupled its monthly capacity of AstraZeneca shots to as many as 240 million doses and is prepared to export "large volumes" from January, its CEO told Reuters. India this month resumed COVID-19 vaccine exports for the first time since April, sending some 4 million doses to friendly countries but none yet to the global vaccine-sharing platform COVAX https://www.reuters.com/world/india/india-delays-covid-19-vaccine-supplies-who-backed-covax-sources-say-2021-10-19. SII's monthly production was around 65 million doses when the Indian government stopped all exports as the country's infections soared.
For retirees and those who are getting close, big changes are on the horizon for 2022. Most consequentially, Social Security is getting a makeover with several big updates that will impact most of the...
PJM Interconnection, the largest U.S. power grid operator, could restrict how much some coal-fired plants can operate this winter if their fuel supplies fall below certain levels to ensure coal will be available in the case of a deep freeze in the eastern part of the country. Energy prices around the world are trading near multiyear highs as supplies of coal, oil and natural gas run short, causing power outages in China and utilities in Europe and Asia to scramble to buy fuel before the winter heating season. To help ensure power plants will be available when needed this winter, PJM said it may restrict steam units, which are generally coal-fired, from operating if they have less than 10 days (240 hours) of fuel supply available.
- American City Business Journals
Wells Fargo CEO Charles Scharf was in Phoenix on Friday and in an exclusive interview he spoke to the Business Journal about the bank's role in pandemic recovery, the path ahead on regulatory issues and why Phoenix is an important market.
The union workers' activities were "unwarranted, impermissible and unlawful," Marlita Grave, Chief District Judge of Iowa's Seventh Judicial District wrote in a Wednesday order. While the injunction does not entirely forbid the strike, the judge limited the number of picketers to no more than four at each gate of the facility. When asked for a comment, Brian Rothenberg, a spokesman for the UAW union that represents the workers, said the union does not discuss ongoing legal matters.