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U.S. bans noncompete agreements for nearly all jobs: The Federal Trade Commission has voted to ban employment agreements that typically prevent workers from ...
npr.org/2024/04/23/1246655366/ftc-bans-noncompete-agreements-lina-khan
U.S. bans noncompete agreements for nearly all jobs
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
  • The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.

  • The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.

  • Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.

  • Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
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The Sports Bra announces plans to franchise with investment from Reddit co-founder Alexis Ohanian
oregonlive.com/sports/2024/04/the-sports-bra-announces-plans-to-franchise-with-investment-from-alexis-ohanian.html
The Sports Bra announces plans to franchise with investment from Reddit ...
Quick Glance: The Sports Bra Announces Franchising Plans with Investment from Reddit Co-Founder Alexis Ohanian
  • The Sports Bra, a now-iconic Portland destination that made history as the first women’s sports bar in the world, has announced plans to franchise and expand into other cities.

  • Investment from Reddit co-founder Alexis Ohanian - the husband of tennis legend Serena Williams - will fund the effort in partnership with Ohanian’s 776 Foundation. All returns from the investment will be invested back into girls’ and women’s sports via the foundation, the Sports Bra wrote in a post on Instagram.

  • Owner Jenny Nguyen opened The Sports Bra in Portland in 2022, and the business thrived in a city and state that has consistently showcased strong support for women’s sports.

  • But the growing hype around women’s sports is not unique to Portland. The popularity of women’s professional sports has seen a significant national uptick thanks, in part, to the emerging stardom of athletes like Sophia Smith, Caitlin Clark and others.
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Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Honda to set up $11 bln electric vehicle, battery plants in Canada
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
  • Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.

  • Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.

  • The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.

  • Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
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Many in Gen Z ditch colleges for trade schools. Meet the 'toolbelt generation' : With demand for jobs like HVAC technicians, electricians and wind turbine ...
npr.org/2024/04/22/1245858737/gen-z-trade-vocational-schools-jobs-college
Many in Gen Z ditch colleges for trade schools. Meet the 'toolbelt ...
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AMD Strix Point Halo “55W” Ryzen APU Spotted, Strix Point “28W” Benchmark Leaks …
wccftech.com/amd-strix-point-halo-55w-ryzen-apu-spotted-strix-point-28w-benchmark-leaks-out/
AMD Strix Point Halo “55W” Ryzen APU Spotted, Strix Point “28W” Benchmark ...
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How Volvo landed a cheap Chinese EV on U.S. shores in a trade war : A made-in-China electric vehicle will hit U.S. dealers this summer offering power and ...
nbcnews.com/business/autos/volvo-landed-cheap-chinese-ev-us-shores-trade-war-rcna149349
How Volvo landed a cheap Chinese EV on U.S. shores in a trade war
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News from Computex 2024: Nvidia as a spoilsport for AMD: AMD is actually opening Computex this year, but Nvidia is now pushing ahead with a parallel event ...
pcgameshardware.de/Computex-Event-63360/News/Computex-2024-Nvidia-Keynote-Spielverderber-AMD-1446143/
News from Computex 2024: Nvidia as a spoilsport for AMD
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What will Trump's foreign policies be if he wins the White House?: Republican former President Donald Trump is planning to fundamentally alter the United States' ...
reuters.com/world/us/trumps-foreign-policy-rethink-nato-troops-mexico-boost-tariffs-2023-12-18/
What will Trump's foreign policies be if he wins the White House?
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ASUS ROG Ally Gets AMD Fluid Motion Frames Technology For Faster Handheld Gaming FPS
wccftech.com/asus-rog-ally-amd-fluid-motion-frames-technology-faster-handheld-gaming-fps/
ASUS ROG Ally Gets AMD Fluid Motion Frames Technology For Faster Handheld ...
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Report: AMD Is Developing AM5-Based Epyc Server CPUs: The chips might include 3D V-Cache versions as well.
extremetech.com/computing/report-amd-is-developing-am5-based-epyc-server-cpus
Report: AMD Is Developing AM5-Based Epyc Server CPUs
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BoU issues new rules for mobile money transactions : Bank of Uganda has directed that customers carrying transactions involving Shs1m or more must first verify ...
monitor.co.ug/uganda/business/finance/bou-issues-new-rules-for-mobile-money-transactions--4596110
BoU issues new rules for mobile money transactions 
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Why is Iran’s President Ebrahim Raisi visiting Pakistan?: Raisi is set to hold talks with top Pakistani leaders as the two nations aim to boost trade and resolve ...
aljazeera.com/news/2024/4/22/why-is-irans-president-ebrahim-raisi-visiting-pakistan
Why is Iran’s President Ebrahim Raisi visiting Pakistan?
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Jets trade Zach Wilson to Broncos. Reactions and grades for Quarterback trade: The New York Jets traded quarterback Zach Wilson to the Denver Broncos on Monday ...
usatoday.com/story/sports/nfl/2024/04/22/zach-wilson-trade-reactions-grades-broncos-jets/73416604007/
Jets trade Zach Wilson to Broncos. Reactions and grades for Quarterback ...
Quick Glance: Zach Wilson Trade Notes: Jets Deal QB to Broncos before 2024 NFL Draft
  • Nearly three years have passed since the New York Jets selected quarterback Zach Wilson as the second overall pick in the 2021 NFL Draft and are now officially trading the heavily criticized signal-caller to the Denver Broncos.

  • At the age of 24, Wilson has been available since the beginning of the 2024 offseason, with the team's general manager, Joe Douglas, openly stating the intention to relocate the former first-round pick.

  • In urgent need of quarterback reinforcements, the Broncos made significant roster moves by releasing veteran starter Russell Wilson before free agency and entering the draft with Jarrett Stidham leading the depth chart.

  • By signing journeyman Tyrod Taylor as Aaron Rodgers' primary backup earlier this offseason, the Jets effectively indicated the conclusion of Zach Wilson's tenure with the team.
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Sellers Lurk In Amazon Stock, Super Micro Computer Ahead Of Earnings: It's been a tame pullback so far for Amazon stock ahead of earnings, but the same can't be ...
investors.com/research/earnings-preview/amazon-amzn-stock-super-micro-smci-earnings/
Sellers Lurk In Amazon Stock, Super Micro Computer Ahead Of Earnings
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2024 NFL Draft rumors roundup: Trade rumors, news ahead of first round: The 2024 NFL Draft begins Thursday night with its first round. Here are all of the latest ...
usatoday.com/story/sports/nfl/draft/2024/04/25/nfl-draft-rumors-news-trade-picks/73450242007/
2024 NFL Draft rumors roundup: Trade rumors, news ahead of first round
Quick Glance: Chicago Bears 2024 Draft Selections by Rounds Overview
  • In the first round, Chicago selected Caleb Williams, QB, USC as the No. 1 overall pick from the Panthers. Williams is viewed as a potential savior for the team, possessing elite arm talent and mobility to make difficult throws.

  • With the ninth pick in the first round, Chicago picked Rome Odunze, WR, Washington. Odunze, an All-American last year, is seen as a future co-WR1 with Moore.

  • The Chicago Bears also had selections in the third round.

  • They also had a pick in the fourth round, which came from the Eagles.
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Tesla shares drop on price cuts in run-up to earnings: Tesla fell more than 3% in premarket trade on Monday, as its latest global price cuts fanned Wall Street ...
reuters.com/business/autos-transportation/tesla-shares-drop-price-cuts-run-up-earnings-2024-04-22/
Tesla shares drop on price cuts in run-up to earnings
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Withdraw cash: Not cheap for trading: Just withdraw cash at the supermarket checkout - People in Germany are doing exactly that more and more often ...
zdf.de/nachrichten/wirtschaft/bargeld-auszahlung-kunden-nachteil-haendler-100.html
Withdraw cash: Not cheap for trading
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Alexis Ohanian makes an unprecedented investment in women’s track: Seeing “tremendous upside” in the sport, the billionaire is funding a women-only event this ...
washingtonpost.com/sports/olympics/2024/04/23/alexis-ohanian-is-funding-women-only-track-event-this-fall/
Alexis Ohanian makes an unprecedented investment in women’s track
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Tesla said on Tuesday it had pulled forward the launch of new models from the second half of 2025, sending its shares up nearly 7% in after-hours trading. Show more
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AMD Strix Halo: Mega APU with Zen 5 and RDNA 3+ is “official”: Due to the unauthorized publication of a suspected document from AMD, the previously speculated ...
pcgameshardware.de/CPU-CPU-154106/News/AMD-Strix-Halo-Mega-APU-1446204/
AMD Strix Halo: Mega APU with Zen 5 and RDNA 3+ is “official”
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Vikings trade up, draft QB J.J. McCarthy: Keep up with the latest news on the first round of the NFL draft with a focus on what’s happening with the Minnesota ...
startribune.com/nfl-draft-minnesota-vikings-first-round-picks-trades-news/600361721/
Vikings trade up, draft QB J.J. McCarthy
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AMD’s MI300X Is a Far Superior Option Than NVIDIA’s H100s, Says AI Startup TensorWave’…
wccftech.com/amds-mi300x-superior-option-than-nvidia-h100-says-ai-startup-tensorwaves-ceo/
AMD’s MI300X Is a Far Superior Option Than NVIDIA’s H100s ...
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Baltimore to open deeper channel for commercial ships starting Thursday: A deeper channel to allow commercial ships into and out of the Port of Baltimore is set ...
thehill.com/homenews/state-watch/4616760-baltimore-to-open-deeper-channel-for-commercial-ships-starting-thursday/
Baltimore to open deeper channel for commercial ships starting Thursday
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China’s Economic Collision Course: As Growth Slows, Beijing’s Moves Are Drawing a Global Backlash
foreignaffairs.com/china/chinas-economic-collision-course
China’s Economic Collision Course: As Growth Slows, Beijing’s Moves Are ...
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Upcoming Windows 11 'AI Explorer' Feature to be Limited to Arm CPUs: This is really going to piss off AMD and Intel.
extremetech.com/computing/upcoming-windows-11-ai-explorer-feature-to-be-limited-to-arm-cpus
Upcoming Windows 11 'AI Explorer' Feature to be Limited to Arm CPUs
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Turkey's Erdogan in Iraq to push for reset of ties, cooperation against PKK: Turkish President Tayyip Erdogan said relations with Iraq were entering a new phase ...
reuters.com/world/middle-east/turkeys-erdogan-iraq-push-reset-ties-cooperation-against-pkk-2024-04-22/
Turkey's Erdogan in Iraq to push for reset of ties, cooperation against ...
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Meta shares plunge as prolonged AI spending plans unnerve investors: Meta Platforms' shares plunged 14% in premarket trading on Thursday as the social media ...
reuters.com/technology/meta-shares-plunge-16-frankfurt-after-ai-spending-revenue-forecast-2024-04-25/
Meta shares plunge as prolonged AI spending plans unnerve investors
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Toyota Makes $1.4 Billion EV Investment in Indiana Facility: The latest financing effort follows an additional $1.3 billion investment at its flagship Kentucky ...
wsj.com/business/autos/toyota-makes-1-4-billion-ev-investment-in-indiana-facility-594607ac
Toyota Makes $1.4 Billion EV Investment in Indiana Facility
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PlayStation 5 Pro Is Needed for Advancing Visuals, Performance, as There’s No Untapped PS5 Potenti…
wccftech.com/playstation-5-pro-needed-advancing-visuals/
PlayStation 5 Pro Is Needed for Advancing Visuals, Performance ...
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Huawei's smart car tech offers automakers route to China sales: It's taken Huawei just four years to become a force in smart car technology ...
reuters.com/business/autos-transportation/huaweis-smart-car-tech-offers-automakers-route-china-sales-2024-04-26/
Huawei's smart car tech offers automakers route to China sales
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Solar firm SunPower to cut jobs, shut business segments: SunPower said on Wednesday it plans to cut jobs and shut certain business segments as part of a ...
reuters.com/business/energy/solar-company-sunpower-reduce-workforce-shut-business-segments-2024-04-24/
Solar firm SunPower to cut jobs, shut business segments
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Donald Trump set to receive $1.25 billion worth of Trump Media stock in DJT earnout bonus
cnbc.com/2024/04/22/djt-trump-set-to-get-millions-more-trump-media-shares.html
Donald Trump set to receive $1.25 billion worth of Trump Media stock in ...
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AMD Unveils New AI Chips For Business PCs: Advanced Micro Devices introduced a new series of processors for commercial mobile and desktop AI PCs ...
investors.com/news/technology/amd-stock-ai-chips-business-pcs/
AMD Unveils New AI Chips For Business PCs
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AMD will pay Samsung $3 billion for a crucial part used in AI chips: Companies making AI semiconductors need a lot of high-bandwidth memory chips ...
sammobile.com/news/amd-will-pay-samsung-3-billion-for-a-crucial-part-used-in-ai-chips/
AMD will pay Samsung $3 billion for a crucial part used in AI chips
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Meta’s stock plunges on ‘aggressive’ AI spending plans: Shares in Meta plunged in premarket trading Thursday as the company’s plans to “invest aggressively” in ...
cnn.com/2024/04/25/investing/meta-stock-plunges-ai-spending/
Meta’s stock plunges on ‘aggressive’ AI spending plans
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
  • Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

  • Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

  • Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

  • Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
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Chinese speculators super-charge gold rally: Huge bullish bets on Shanghai exchanges show growing clout of Asian traders in market for precious metal
ft.com/content/caefcd1a-3223-4cf4-bc80-349c5745b7ea
Chinese speculators super-charge gold rally
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UAE: Indians, Pakistanis among top investors in Sharjah property - News | Khaleej Times
khaleejtimes.com/uae/indians-pakistanis-among-top-investors-in-sharjah-property
UAE: Indians, Pakistanis among top investors in Sharjah property - News | ...
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Google plans $3 bln data center investment in Indiana, Virginia: Alphabet unit Google said on Friday it would invest $3 billion to set up a data center campus in ...
reuters.com/technology/google-plans-3-bln-data-center-investment-indiana-virginia-2024-04-26/
Google plans $3 bln data center investment in Indiana, Virginia
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Small-time investors in Trump’s Truth Social reckon with stock collapse: Trump Media shareholders have voiced doubt and fury over the company’s plunging price ...
washingtonpost.com/technology/2024/04/14/truth-social-investors-faith-trump/
Small-time investors in Trump’s Truth Social reckon with stock collapse
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
  • The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.

  • Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.

  • The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.

  • Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
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Toyota preps new large electric SUV, is this the Highlander EV we’ve been waiting for?
electrek.co/2024/04/25/toyota-preps-new-electric-suv-us-highlander-ev/
Toyota preps new large electric SUV, is this the Highlander EV we’ve been ...
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Apple says it wants to spend more on suppliers in Vietnam: Apple Inc wants to boost its investment in Vietnam, state media quoted the U.S ...
reuters.com/technology/apple-wants-spend-more-suppliers-vietnam-2024-04-16/
Apple says it wants to spend more on suppliers in Vietnam
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Chinese chip ban hits tech giants: Intel and AMD shares plummet: China bans US chips from Intel and AMD from 2027, a major blow to the chip giants.
boerse-online.de/nachrichten/geld-und-vorsorge/chinesischer-chip-bann-trifft-tech-riesen-aktien-von-intel-und-amd-auf-talfahrt-20355621.html
Chinese chip ban hits tech giants: Intel and AMD shares plummet
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Netflix slips after stopping subscriber tally report, downbeat Q2 revenue forecast
reuters.com/technology/netflix-slips-after-stopping-subscriber-tally-report-downbeat-q2-revenue-2024-04-19/
Netflix slips after stopping subscriber tally report, downbeat Q2 revenue ...
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Department stores must close: Association warns: without retail, "entire city centers will collapse"
n-tv.de/mediathek/videos/wirtschaft/Verband-warnt-Ohne-Handel-stuerzen-ganze-Innenstaedte-article24893694.html
Department stores must close: Association warns: without retail ...
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AMD next-gen APUs reportedly sacrifice a larger cache for AI chips: According to members of the Anandtech forums, AMD has significantly reduced cache size to ...
techspot.com/news/102578-amd-next-gen-apus-reportedly-sacrificed-cache-ai.html
AMD next-gen APUs reportedly sacrifice a larger cache for AI chips
Quick Glance: OpenAI and Meta Prepare New AI Models Capable of 'Reasoning'
  • OpenAI and Meta are on the verge of releasing new artificial intelligence models that are said to be capable of reasoning and planning.

  • These upgrades are part of a wave of new large language models being released this year.

  • Reasoning and planning are key steps towards achieving 'artificial general intelligence', allowing chatbots and virtual assistants to complete sequences of related tasks.