Maine farmers have blamed the recent changes to the U.S. Postal Service after they received thousands of dead baby chicks due to shipping delays. The state’s postal workers blamed the delay on a bill passed by sen. Susan Collins, R-Maine, that “weakened the Postal Service” – and is facing a …
Read More »Huawei employees are raising concerns about redundancies following smarter US sanctions
Huawei employees are increasingly worried about layoffs after the US announced tougher sanctions that some analysts have called a ‘death sentence’ for the Chinese telecom group. Staff described a ‘state of war’ in the company, with the new restrictions threatening to cut off the supply of semiconductors that Huawei needs …
Read More »We crossed the line. Hawks have been warning us for decades
Critics have repeatedly said that this circular form of fiscal finance – in which one arm of government, the central bank, creates in principle the money needed to finance the government arm that taxes and expenditures – would be disproportionate. leading to a spiral of inflation, a spike in interest …
Read More »Alibaba investors trade US shares for Hong Kong amid crackdown
(Bloomberg) – Several of Alibaba Group Holding’s largest investors have converted billions of dollars into U.S. stocks in part in Hong Kong in part to avoid potential U.S. sanctions and de-listings of major Chinese technology companies. Temasek Group Holdings Pte., Baillie Gifford & Co., and Matthews Asia are one of …
Read More »Deere’s share is growing to record profit and sales beats, positive prospects
This replaces and previous article that had a bad year performance for Deere’s stock. Shares of Deere & Co. DE, + 5.07% grew 4.4% to a record high in premarket trading Friday, after the maker of agricultural and building materials fiscal reported third-quarter earnings and sales were well above expectations, …
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