Americans are now paying less for gasoline than they did before Russia invaded Ukraine in February as fuel prices continue to drop amid slowing demand across the globe. The average price for a gallon of gas is now $3.47, or less than the average $3.54 per gallon that motorists paid …
Read More »Elon Musk gives Twitter workers ultimatum to decide job fate
Elon Musk says Twitter is a software and servers company at its heart and told employees they must decide by Thursday evening if they want to remain a part of the business, according to an email the new owner sent to Twitter workers. Musk wrote that employees “will need to …
Read More »Twitter no longer using “official” check marks. “I killed it,” Elon Musk says.
Twitter on Wednesday rolled out a gray “official” check mark next to some social media accounts to indicate that the social media company had verified their authenticity. Within hours, Elon Musk scrapped the plan. “I just killed it,” the Tesla CEO and Twitter’s new owner said in reply to a …
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A former housekeeper for Amazon founder Jeff Bezos says she and other employees suffered unsafe working conditions that included being forced to climb out a laundry room window to get to a bathroom anytime the Bezos family was home. In a lawsuit filed in King County Superior Court in Seattle …
Read More »Elon Musk takes charge of Twitter. Wall Street sees an “Everest
Elon Musk, who has changed his Twitter handle to “chief Twit,” late Thursday proclaimed that “the bird is freed” as he took control of the social media platform. The question now is whether the billionaire Tesla CEO can grow the business while fulfilling his vow to transform it into a …
Read More »Kroger and Albertsons to merge in $24.6 billion deal
Kroger, the nation’s largest supermarket chain, and rival Albertsons are merging in a deal that would value the combined company at $24.6 billion. Together, the companies will have more than 710,000 workers and operate nearly 5,000 stores, along with roughly 4,000 pharmacies. Kroger, based in Cincinnati, Ohio, operates 2,800 stores …
Read More »Layoffs rising as the U.S. economy slows
More U.S. companies are cutting jobs and freezing hiring as the economy cools, a sign that efforts by the Federal Reserve to tamp down inflation are hitting the labor market. Layoff announcements spiked in September, according to outplacement firm Challenger, Gray & Christmas. Job cuts last month rose to nearly …
Read More »Apple’s iPhone 14 now available for pre
Gadget lovers eager to buy one of Apple’s new iPhone 14 smartphones can start placing their orders. The tech giant released an iPhone 14 pre-order page on its website Friday morning. The starting price for the base model is $799 while the upgraded iPhone 14 Pro starts at $899. The …
Read More »Minnesota nurses to strike as they demand better work conditions
Thousands of nurses in Minnesota are planning to strike later this month because they say their employers have ignored demands for a new union contract. The strike will begin at 7 a.m. September 12 and end at 7 a.m. September 15, Mary Turner, president of the Minnesota Nurses Association, said …
Read More »Dr. Seuss’ $19 million estate hits market for first time in 75 years
As real estate goes, the view alone might knock the hat right off a cat. For the first time in 75 years, the opulent estate once belonging to Theodor Seuss Geisel — better known as Dr. Seuss — is hitting the market. Asking price: $19 million for a four-acre compound …
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