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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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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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Buy U.S. Steel Stock. It Won’t Be Stuck in Deal Limbo Forever.
on.barrons.com/4d9nUCU
Buy U.S. Steel Stock. It Won’t Be Stuck in Deal Limbo Forever.
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Dublin-Belfast train to take less than two hours and run hourly after multimillion investment
irishtimes.com/ireland/2024/04/09/dublin-belfast-train-to-take-less-than-two-hours-and-run-hourly-after-multimillion-euro-investment/
Dublin-Belfast train to take less than two hours and run hourly after ...
Quick Glance: Airplane Observes Solar Eclipse in Bloomington
  • An airplane flies near the total solar eclipse in Bloomington, Indiana.

  • People watch the partial solar eclipse on the observation deck of Edge at Hudson Yards in New York City.

  • Sophia Moccia, 4, from Queens views the eclipse with a homemade mask in New York City.

  • A solar eclipse is visible in Mazatlan, Mexico.
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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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Biden administration agrees to provide billions to Samsung to expand chip manufacturing in Texas
trib.al/UAwSwpn
Biden administration agrees to provide billions to Samsung to expand chip ...
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Ringgit drops toward 26-year low as Bank Negara pledges support: The ringgit slipped to 4.78 per US dollar, putting it within a whisker of its Feb 21 low of 4 ...
straitstimes.com/business/ringgit-drops-toward-26-year-low-as-bank-negara-pledges-support
Ringgit drops toward 26-year low as Bank Negara pledges support
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Why Biden wants to raise tariffs on Chinese steel: President Biden called for tripling the tariff rate on steel and aluminum imports from China Monday ...
thehill.com/business/4600625-why-biden-wants-to-raise-tariffs-on-chinese-steel/
Why Biden wants to raise tariffs on Chinese steel
Quick Glance: Joe Biden Calls for Significant Increase in Tariffs on Chinese Steel
  • US President Joe Biden is pushing for an increase in tariffs on Chinese steel and aluminium to strengthen union support in the swing state of Pennsylvania.

  • During a meeting with United Steelworkers union members in Pittsburgh, Biden calls on trade representative Katherine Tai to raise the tariffs from the current average of 7.5 percent.

  • The main focus of the measures is to combat China's new export surge and the ongoing price pressure that makes it difficult for American steel companies to compete.

  • The Biden administration's decision to increase tariffs is expected to impact recent efforts by Washington and Beijing to stabilize relations.
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Pittsburgh finally has a new bald eagle chick to watch: The Pittsburgh area welcomed its first bald eagle chick Sunday morning at a nest located on U.S ...
post-gazette.com/life/outdoors/2024/04/07/pittsburgh-eagle-chick-cam-us-steel/stories/202404070116
Pittsburgh finally has a new bald eagle chick to watch
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Trump Media stock erases all gains since it began trading as shares fall another 11% Monday
nbcnews.com/business/markets/trump-media-stock-erases-gains-since-going-public-what-it-means-rcna146859
Trump Media stock erases all gains since it began trading as shares fall ...
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Google invests $640 mln in new data centre in Netherlands: Alphabet-owned Google is investing 600 million euros ($640.62 million) in a new data centre in the ...
reuters.com/technology/google-invests-640-mln-new-data-centre-netherlands-2024-04-23/
Google invests $640 mln in new data centre in Netherlands
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Ghana's Ibrahim Mahama: The artist clothing London's brutalist icon: Ghanaian artist Ibrahim Mahama gives a well-loved London landmark a bold pink makeover.
bbc.com/news/world-africa-68846770
Ghana's Ibrahim Mahama: The artist clothing London's brutalist icon
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Retail warns of ghost towns: 5000 store closures threatened in 2025 alone: It's not just the Galeria insolvency that is increasing uncertainty in the retail ...
n-tv.de/wirtschaft/5000-Geschaeftsschliessungen-drohen-allein-2025-article24895286.html
Retail warns of ghost towns: 5000 store closures threatened in 2025 alone
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Goldman Sachs profit beats as investment banking fuels highest earnings since 2021
reuters.com/business/finance/goldman-sachs-profit-jumps-28-investment-banking-strength-2024-04-15/
Goldman Sachs profit beats as investment banking fuels highest earnings ...
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Insurance: Comprehensive or third-party liability, what’s the difference?: Knowing the main difference is key to making a decision that works for you
gulfnews.com/your-money/community-tips/insurance-comprehensive-or-third-party-liability-whats-the-difference-1.1713455746424
Insurance: Comprehensive or third-party liability, what’s the difference?
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UAE: Some residents sell gold, jewellery as prices of yellow metal hit record - News | Khaleej Times
khaleejtimes.com/business/uae-some-residents-sell-gold-jewellery-as-prices-of-yellow-metal-hit-record
UAE: Some residents sell gold, jewellery as prices of yellow metal hit ...
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Target's car seat trade-in event is here. Here's how to get a 20% off coupon.: Since Target launched its annual car seat trade in program, the retail giant has ...
usatoday.com/story/money/shopping/2024/04/15/targets-car-seat-trade-in-2024-when-qr-code-coupon/73326774007/
Target's car seat trade-in event is here. Here's how to get a 20% off ...
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Boss behind Scarborough’s newly-approved zip line hopes project can ‘get town buzzing’ with investment and jobs
thescarboroughnews.co.uk/news/politics/council/boss-behind-scarboroughs-newly-approved-zip-line-hopes-project-can-get-town-buzzing-with-investment-and-jobs-4592684
Boss behind Scarborough’s newly-approved zip line hopes project can ‘get ...
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Oil rises in early Asian trading, Middle East tensions remain in focus: Oil prices edged higher in early Asian trading on Tuesday, reversing losses from the ...
reuters.com/markets/commodities/oil-rises-early-asian-trading-middle-east-tensions-remain-focus-2024-04-23/
Oil rises in early Asian trading, Middle East tensions remain in focus
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Apple plans to invest more than $250 mln to expand Singapore campus: Apple Inc plans to invest more than $250 million to expand its regional campus or operations ...
reuters.com/technology/apple-plans-invest-more-than-250-mln-expand-singapore-campus-2024-04-18/
Apple plans to invest more than $250 mln to expand Singapore campus
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At Chinese trade fair, exporters despair their goods are 'as cheap as cabbage': Wu Huazhan's Chinese television factory used to impose minimum orders to manage ...
reuters.com/markets/commodities/chinese-trade-fair-exporters-despair-their-goods-are-as-cheap-cabbage-2024-04-16/
At Chinese trade fair, exporters despair their goods are 'as cheap as ...
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GDP growth slowed to a 1.6% rate in the first quarter, well below expectations: Real GDP was expected to increase 2.4% in the first quarter on a seasonally ...
cnbc.com/2024/04/25/gdp-q1-2024-increased-at-a-1point6percent-rate.html
GDP growth slowed to a 1.6% rate in the first quarter, well below ...
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
  • Investors cast doubt on a Fed rate cut before September.

  • Expectations are now fully priced in for a rate cut on November 6-7.

  • The shift in market expectations stemmed from inflation and growth data.

  • There is now an estimated 75 percent likelihood of a Fed rate cut by September.
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Saudi Arabia, Pakistan accelerate implementation of $5 billion investment package
saudigazette.com.sa/article/641902
Saudi Arabia, Pakistan accelerate implementation of $5 billion investment ...
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Macron and Scholz call for 're-balancing' EU-China trade relations: French President Emmanuel Macron and German Chancellor Olaf Scholz called on Friday for a ...
france24.com/en/europe/20240413-macron-and-scholz-call-for-re-balancing-eu-china-trade-relations
Macron and Scholz call for 're-balancing' EU-China trade relations
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How Trump’s tariff plans could kill jobs and worsen inflation: Tariff Man could be back in the White House next year – and he’s promising the sequel will be even ...
cnn.com/2024/04/11/economy/trump-tariffs-trade-jobs-inflation/
How Trump’s tariff plans could kill jobs and worsen inflation
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2024 NFL Draft rumors: Jayden Daniels' 'dream world' team, New York eyeing trade for QB
usatoday.com/story/sports/nfl/2024/04/24/2024-nfl-draft-rumors/73441010007/
2024 NFL Draft rumors: Jayden Daniels' 'dream world' team ...
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How Cats Used Humans to Conquer the World: Ancient DNA from 209 cats over 9,000 years tell the story of their dispersal.
theatlantic.com/science/archive/2017/06/cat-domination/530685/
How Cats Used Humans to Conquer the World