Not even award-winning celebrity chef Wolfgang Puck is immune to the labor shortage plaguing the restaurant industry. The two-Michelin starred chef told Yahoo Finance Live that he still hasn’t been able to re-open some of his more than 20 restaurants around the world, like Cartier in Beverly Hills, because he doesn’t have enough workers. “People get paid really well,” Puck said. “Still, it’s difficult to find people to work. At Chinois in Santa Monica it’s the same thing. I cannot… Source link

Over the past 15 years, Google has introduced more than a dozen messaging services spanning text, voice, and video calling. This week, the company’s efforts culminated in the general availability of Google Chat, a combination of Slack / Discord-style rooms with more traditional messaging. It’s the sort of announcement that might have been expected to bring some consistency to the company’s muddled messenger messaging, but — as is traditional for Google in this area — there’s… Source link

The cost of health care in the U.S. has grown worse in recent years as Americans continue taking on unprecedented levels of medical debt. The issue has gotten so bad that one New York-based 501 charity, RIP Medical Health, uses donations to buy up people’s medical debt. The organization recently announced a purchase of $278 million in medical debt owed by roughly 82,000 patients in the Tennessee and Virginia regions. “Medical debt is the no. 1 cause of bankruptcy in the United States,… Source link

Northeast Baltimore’s Morgan State University received grants from Apple and Google totaling $6.25 million that aim to create equity in tech by building a STEM pipeline at Historically Black Colleges and Universities (HBCUs), the university announced last week. These initiatives from Apple and Google are designed to curb trends that have led to racial disparities on tech teams. The number of U.S. technical employees who are Black or Latinx rose by less than a percentage point at Google and… Source link

Stocks rose on Monday, with the three major indexes looking to recover some of last week’s steep losses as an initial jolt following the Federal Reserve’s updated outlook for rates subsided.  The Dow added more than 200 points, or 0.7%. Last week, the index logged a weekly loss of more than 3% in its worst showing since October. The S&P 500 and Nasdaq were also each higher to extend gains from the overnight session.  Treasury yields on the long end of the curve ticked up to recover after a… Source link

Google and its YouTube video site released several new tools for small businesses to connect with customers via their platforms and detailed the first-ever Small Biz Day, set for June 24. … Source link

BETHESDA, MD / ACCESSWIRE / June 21, 2021 / Alset EHome Inc. a US-based property developer and a subsidiary of Alset EHome International Inc. (NASDAQ:AEI) (collectively “Alset”), is pleased to announce a strategic agreement with Tesla Inc. (“Tesla”) for an initial supply of Tesla PV Solar Panels, Powerwalls and EV Chargers to be installed at single-family homes (“Ehomes”). These Tesla products will be installed in 20 brand new, single-family homes at the Northpark Community in Porter, Texas…. Source link

(Updates prices, adds quote and details) LONDON, June 21 (Reuters) – Belarus sovereign dollar bonds tumbled on Monday amid talk of new EU sanctions in an attempt to put more pressure on President Alexander Lukashenko over last month’s forced landing of a Ryanair passenger plane in Minsk. The benchmark 2030 bond slumped some 4 cents in its biggest fall since the peak of global market COVID angst in March last year, while the 2031 bond issued in June last year matched the decline and hit a… Source link

(Bloomberg) — The pressure on long bond yields is going global, led by Treasuries and U.K. gilts, as investors reconsider reflation expectations and brace for an eventual pullback of central bank stimulus. The Treasury five- to 30-year yield spread, which reflects the balance between the interest-rate outlook and inflation expectations, narrowed to the smallest gap since August. Its U.K. counterpart narrowed the least since December. That compression was driven by 30-year yields’ decline… Source link

Resident works with desk top computers and laptops at Google Inc.’s tech campus at East London’s Tech City. Bloomberg | Bloomberg | Getty Images LONDON — Google is closing its dedicated start-up space in London known as Campus. The Silicon Valley tech giant announced on Monday that it has decided “not to reopen” Campus in East London after it was forced to close by the coronavirus pandemic. “We’re closing Campus to support start-ups throughout the U.K.,” the company said, claiming that it can… Source link