Fresno County supervisors declare state of emergency over bed capacity at hospitals
The Fresno County Board of Supervisors has declared a state of emergency due to the lack of beds at local hospitals.
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SkiftGoogle Flights Could Shift Strategy After Heavy Layoffs
Why doesn't Google promote Google Travel as a one-stop shop? The layoffs at Google Flights show there's too much ad revenue in play on the Google.com side of the flights business to merit such an all-in approach.
- Good Morning America
Remember 'quiet quitting'? 'Quiet hiring' is the new workplace trend of 2023
The term "quiet quitting" went viral last year, describing people who stay in their jobs but mentally take a step back -- for example, working the bare minimum and not making their job the center of their lives. Now in 2023, there is a new workplace trend on the horizon, called "quiet hiring." The term -- a way to obtain new talent without hiring new employees -- was declared one of the nine workplace trends of the year by Gartner, a technological research and consulting firm.
- Reuters
Exclusive-Venezuela tightens oil prepayment rules, documents show
Venezuela's state oil firm PDVSA is toughening terms for buyers after a month-long halt to most exports of crude and fuel, demanding prepayment ahead of loadings in either cash, goods or services, company documents showed. PDVSA's new Chief Executive Pedro Tellechea put the move in place this month. It reinforces measures implemented last year after several buyers skipped out on payments for oil, which provides most of the South American country's income.
- TechCrunch
Manu Jain, Xiaomi exec who set up and scaled India business, leaves
Manu Jain, the executive who helped Xiaomi set up and scale business in India, has left the company, he said Monday, joining a long list of high-profile departures at the local unit that is increasingly losing market share to rivals, including Samsung. Jain, who led the India business for seven years and also held the global VP role, did not say why he was leaving the firm, but he has been pitching investors ideas for an EV startup for several months, people familiar with the matter said. Jain had been telling many industry figures for several quarters about his plans to leave the venture, according to many of the people with whom he has spoken.
- Fortune
ChatGPT is ‘down all the time’ and people keep using it. What that says to Google alum Elad Gil about bad Silicon Valley advice
ChatGPT maker OpenAI and similar ventures have seen their ideas catch on very quickly, says Elad Gil.
- Business Insider
The massive wave of layoffs is giving tech workers a brutal wake-up call about the reality of work
Workers in Silicon Valley are learning a lesson about their jobs that their peers on Wall Street have always known: your company is not your family.
- TheStreet.com
Billionaire Gautam Adani Calls on India for Help to Save His Empire
Adani and his companies are facing accusations of fraud from a New York short-seller, threatening the group's shares and his fortune.
- MoneyWise
Here are the 5 things happy retirees do really, really well — perfect them now for the good life in your golden years
Glide right into retirement.
- GOBankingRates
Were You a Wells Fargo Customer Over Last Decade? You Could Be Entitled to Thousands in Damages
More than 16 million people are owed some serious cash from Wells Fargo. If you happened to be a customer of the banking institution during the period of 2011 to 2022, this could apply to you,...
- Reuters
Judge says Texas Attorney General Paxton must face ethics lawsuit
Texas Attorney General Ken Paxton must face an ethics lawsuit by state attorney regulators over a case he brought challenging results of the 2020 election, according to a court ruling posted on Monday. Judge Casey Blair on Friday denied Paxton's bid to dismiss the case on jurisdictional grounds. Paxton's office did not immediately respond to a request for comment.
- Bloomberg
Historic Crash for Memory Chips Threatens to Wipe Out Earnings
(Bloomberg) -- This time was supposed to be different.Most Read from BloombergAdani Rout Hits $68 Billion as Fight With Hindenburg IntensifiesAdani Tries to Calm Investors With 413-Page Hindenburg RebuttalWall Street Is Losing Out to Amateur Buyers in the Housing SlumpHistoric Crash for Memory Chips Threatens to Wipe Out EarningsThe memory-chip sector, famous for its boom-and-bust cycles, had changed its ways. A combination of more disciplined management and new markets for its products — includ
- Fox Business
Moving company tried to block negative reviews with '$2,500 per day' threat: prosecutors
Maine reached a settlement in a lawsuit against Liberty Bell Moving and Storage over illegal business practices and threats against customers who left negative reviews.
- Reuters
Oil falls 1% as rate hikes loom and Russian flows stay strong
HOUSTON (Reuters) -Oil prices extended losses on Monday as looming increases to interest rates by major central banks and signs of strong Russian exports offset Middle East tension over a drone attack in Iran and hopes for higher Chinese demand. Investors expect the U.S. Federal Reserve to raise rates by 25 basis points on Wednesday, followed the day after by half-point increases by the Bank of England and European Central Bank. "We're seeing a 'risk back off' sentiment from the past two weeks' rally on ideas that higher interest rates may slow demand more quickly," said Dennis Kissler, senior vice president of trading at BOK Financial.
- USA TODAY
Ford Explorers, Hyundai SUVs and Subarus among nearly 400,000 vehicles recalled this week
Faulty back-up cameras, brake systems and fuel tanks have landed nearly 400,000 vehicles under recall this week, according to the NHTSA.
- Motley Fool
Want $500 in Quarterly Dividend Income? Invest $23,600 in This Ultra-High-Yield Energy Stock Trio.
These high-yield energy stocks, which average a jaw-dropping 8.51% yield, can seriously pad your wallet.
- Reuters
'They fire, we hire' - Germany seizes on Silicon Valley's woes
Faced with a tight labour market and a shortage of workers with key software engineering skills, some German companies are looking at thousands of layoffs in Silicon Valley as an opportunity to recruit top talent. The U.S. West Coast has always been the main destination for ambitious software engineers looking to work in the best-paid, most elite corner of their profession, but the mass redundancies have created a pool of jobseekers that Germany is eager to tap. "They fire, we hire," said Rainer Zugehoer, Chief People Officer at Cariad, the software subsidiary of automaker Volkswagen.
- Reuters
Toyota defends title as world's top-selling automaker in 2022
Toyota Motor Corp sold 10.5 million vehicles in 2022, it said on Monday, defending its title as the world's top-selling automaker for a third straight year. Global sales for the group, including truck unit Hino Motors and small-car maker Daihatsu, inched down 0.1% as record overseas sales of 8.6 million vehicles helped offset a 9.6% dip in its home market to 1.9 million. Second-ranked rival Volkswagen Group earlier this month reported its lowest sales in over a decade, of 8.3 million vehicles, as COVID-19 lockdowns in China and the war in Ukraine upended supply chains.
- MarketWatch
McDonald’s earnings haven’t been hit by higher prices, as ‘it just seems like Americans are more upset by the change in price at grocery stores’
As McDonald's prepares to report fourth-quarter results on Tuesday with its stock close to record highs, Wall Street could get pickier about signs of growth.
- Reuters
China's JD.com to shut e-commerce sites in Indonesia, Thailand
JAKARTA/BEIJING (Reuters) -China's JD.com is to close its e-commerce services in Indonesia and Thailand, retreating from Southeast Asia after a bruising year for China's retail and technology sectors. JD.com will end its services in Thailand from March 3 and in Indonesia from the end of the same month, its local websites showed. A spokesperson for JD.com said in a statement on Monday that the company will continue to serve global markets, including Southeast Asia, through its supply chain infrastructure.