As companies return to the office, employees take on the workload of those who took part in the “great resignation”. The number of Americans quitting their jobs hit a new high in March as the ‘Great Quit’ drags on, and a new study revealing workers’ plans for the future shows the trend is set to … Read more
Indian industrialist Sajjan Jindal’s steel conglomerate, JSW Group, is to make a $7 billion bid for Holcim’s Indian subsidiaries as the Swiss cement group seeks to divest itself of international assets. Jindal said in an interview that JSW would offer $4.5 billion in equity and $2.5 billion in undisclosed private equity partners for the Indian … Read more
Diesel prices hit a national average of $5.54 a gallon on Monday, setting a new all-time high, according to travel agency AAA’s gas tracker. In March, the cost of regular unleaded fuel remained less than half a cent from its all-time high of $4.33 a gallon, at $4.328 on Monday. These high fuel costs are … Read more
The founder of a Philadelphia cheesesteak restaurant and one of his sons have pleaded guilty in a federal tax evasion case alleging concealment of nearly $8 million in sales over a decade. The Philadelphia Inquirer reports that Anthony Lucidonio Sr., 83, and Nicholas Lucidonio, 55, two owners of famed cheesesteak and sandwich shop Tony Luke’s, … Read more
French President Emmanuel Macron admitted on Monday that Ukraine’s membership of the European Union could take “several decades” as he proposed a new multilevel framework for a “European political community”. The big picture: The Ukrainian crisis has once again revealed two essential tensions at the heart of the European project: the ability of members like … Read more
Mayor Steve Adler told FOX Business’ Ashley Webster that Austin is a “very entrepreneurial, creative and innovative city” during an appearance on “Varney & Co.” Thousands of Austin residents were left without power for several hours over the weekend during a mid-spring heat wave, the latest sign that the Texas capital is struggling to keep … Read more
New York CNN Business — The stock market is a mess right now, but here’s some Wall Street wisdom for these tough times: Eat, drink, and be merry. Emphasize the cheerful if you have purchased food and drink stocks. Heavy consumer staples like food and beverage manufacturers tend to do well even during tough economic … Read more
Sales seem to have taken off with the cute Starship Technologies delivery robots in Bowling Green, but some local restaurants have stopped using them. Zach Baroudi, the owner of Kabob It, a Mediterranean restaurant on East Wooster Street, posted on social media on Wednesday about his trouble getting payments from Starship. “We have resolved the … Read more
“For steel mills to continue to be an economic lifeline for the people of Ukraine, they must be able to export their steel. Today’s announcement is a signal to the people of Ukraine that we are committed to helping them prosper. in the face of Putin’s aggression, and that their work will create a stronger … Read more
Chinese-made Tesla Model 3 vehicles are seen during a delivery event at the carmaker’s factory in Shanghai, China January 7, 2020. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register SHANGHAI, May 10 (Reuters) – Tesla Inc (TSLA.O) halted production at its Shanghai factory on Monday due to supply issues, two people familiar … Read more