Business and Economy
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Top 10 Horribly Dangerous Jobs in the World
Workplace safety has improved remarkably over the last century, yet some professions remain extraordinarily hazardous. Jobs with the highest risk of injury or fatality usually involve working in dangerous environments, extreme physical labor, operating heavy machinery, and other treacherous tasks. While workplace deaths have decreased across most industries, deaths from dangerous jobs are still high compared to other professions. Understanding…
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China’s Property Market in Free Fall – No Signs of Recovery on the Horizon
Shanghai, China – The once booming Chinese property market is now in a state of prolonged crisis, with no signs of returning to its previous highs according to experts. The downfall of major developer Evergrande in 2021 triggered a broader slump, leading to plummeting housing sales and prices, stalled projects, and debt defaults across the sector. Collapse of Key Growth…
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Tucker Carlson’s Putin Interview Sparks Backlash and Calls of Propaganda
Former Fox News host Tucker Carlson is facing widespread criticism following his exclusive interview with Russian President Vladimir Putin in Moscow this week. Carlson’s sit-down marks the first interview Putin has given to a major Western journalist since Russia’s invasion of Ukraine began in February 2022. However, the controversial pundit’s pro-Russia stances and failure to visit Ukraine himself have drawn…
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Nevada GOP Voters Say “None of the Above” in Primary
Majority choose no candidate in protest vote ahead of Thursday caucus CARSON CITY, Nev. – In an extraordinary protest against the current field of candidates, over 60% of Nevada Republican voters chose “none of these candidates” in Tuesday night’s presidential primary election. With 93% of expected votes counted, 63% opted for “none,” dwarfing the totals for the names actually on…
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Senate Unveils Controversial Border Security Deal Amid Record Migrant Crossings
Washington D.C., February 6, 2024 – After months of tense negotiations, the U.S. Senate has released a bipartisan border security bill that would enact the most sweeping changes to immigration enforcement in decades while also providing aid to key allies abroad. Bipartisan bill would provide $20B for border enforcement and give president power to shut down border during crises The…
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Snapchat Cuts 10% of Staff in Major Restructuring
Around 500 Employees Laid Off as Social Media Giant Seeks Efficiency Gains San Francisco, CA – Snap Inc., the company behind popular social media app Snapchat, announced major layoffs on Monday amounting to around 10% of its global workforce. Approximately 500 employees will be affected by the job cuts as Snapchat looks to restructure and promote in-person collaboration. The latest…
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Stunning Job Growth Defies Expectations as US Adds 353,000 Jobs in January
The US economy stunned forecasters by adding 353,000 jobs in January 2024, according to the Bureau of Labor Statistics’ latest employment report. This robust hiring shatters predictions of just 180,000 new positions and highlights the continued strength in the nation’s job market. The unemployment rate remained low at 3.7%, close to a 50-year record low. For the first time since…
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$56 Billion Could Potentially Cost Elon Musk Richest Person Title
Concord, CA – A Delaware judge’s recent decision to void Elon Musk’s massive $56 billion compensation package from Tesla has sent shockwaves through the business world, with huge implications for the billionaire entrepreneur’s net worth and status as the world’s richest person. Chancellor Kathaleen McCormick ruled this week that the 2018 pay package – the largest ever awarded by a…
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Elon Musk’s $55 Billion Pay Package Rejected by Judge
Fremont, CA – In a stunning blow to Tesla, a Delaware judge has torpedoed CEO Elon Musk’s controversial $55.8 billion compensation package, ruling it invalid and “unfair” in a historic first-of-its-kind decision. This seismic ruling vaporizes the lucrative payday Musk hoped to reap from the ambitious package and thrusts the electric vehicle maker into chaos as it scrambles to determine…
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CapEX Vs. OpEX: What’s the Difference and Why It Matters
Understanding the differences between capital expenditures (capex) and operating expenditures (opex) is crucial for businesses to manage their finances effectively. In this comprehensive guide, we’ll explain what capex and opex are, their key differences, and why understanding them is so important for your business. Key Takeaways on Capex vs. Opex Capex represents major investments in long-term physical business assets. Opex…
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