Monthly Archives: February 2023

Google’s ‘lowest-paid workers’ ask for raises and benefits at headquarters rally

Google’s ‘lowest-paid workers’ ask for raises and benefits at headquarters rally

Michelle Curtis has rated Google searches professionally for eight years — training, testing and evaluating the algorithms for the company’s dominant search engine — while making $13.50 an hour. On Jan. 1, Curtis received a raise to $14.50 an hour, which is still lower than the $15 minimum hourly wage that Alphabet Inc. GOOGL, +1.61% GOOG, +1.56% has established for its temporary, contractor and vendor workforce,… Source link

Read More »

Chinese corn mill in North Dakota deemed ‘significant threat’ by US Air Force

Chinese corn mill in North Dakota deemed ‘significant threat’ by US Air Force

[Source] The construction of a Chinese-owned corn mill in North Dakota will likely be halted after the U.S. Air Force flagged it as a “significant threat to national security.” Fufeng Group, an MSG and xanthan gum manufacturer based in Shandong province, China, previously bought 370 acres of farmland in Grand Forks through its American subsidiary. The city council approved the company’s $700 million proposal to build the mill last year, citing economic development success. However,… Source link

Read More »

Chinese corn mill in North Dakota deemed ‘significant threat’ by US Air Force

Chinese corn mill in North Dakota deemed ‘significant threat’ by US Air Force

[Source] The construction of a Chinese-owned corn mill in North Dakota will likely be halted after the U.S. Air Force flagged it as a “significant threat to national security.” Fufeng Group, an MSG and xanthan gum manufacturer based in Shandong province, China, previously bought 370 acres of farmland in Grand Forks through its American subsidiary. The city council approved the company’s $700 million proposal to build the mill last year, citing economic development success. However,… Source link

Read More »

2.58 million pounds of Conagra Brands canned meat, poultry recalled for packaging defect

2.58 million pounds of Conagra Brands canned meat, poultry recalled for packaging defect

Conagra Brands’ recalled products include Armour Star Original Vienna Sausage. Conagra Brands is recalling more than 2.58 million pounds of canned meat and poultry products due to a packaging defect that may cause the food to become contaminated, the U.S. Department of Agriculture’s Food Safety and Inspection Service said on Tuesday. The defect could cause the products to become contaminated “without showing any outward signs of contamination,” FSIS said. The products under recall include… Source link

Read More »

Meta stock soars after hours, analyst warns of ‘magnitude’ of move

Meta stock soars after hours, analyst warns of ‘magnitude’ of move

Brent Thill, Jefferies Equity Research Analyst, analyzes Meta’s stock pop after earnings. You can see the full interview here. Key video highlights 00:25 On how Instagram has improved 00:40 On better ad targeting 00:55 On other social platforms 01:30 On the stock move Video Transcript BRENT THILL: Look, anyone that was on Instagram and that had been giving them the accurate data of who you are and what you like is only seen incredible, incredible targeting, which is what I want. I don’t want to tell… Source link

Read More »

Fed’s interest-rate hikes make T-bills an attractive, safer investment

Fed’s interest-rate hikes make T-bills an attractive, safer investment

A short-term saver? Say thanks to the Federal Reserve. One benefit of the Fed’s interest-rate hikes aimed at wresting control over inflation is that savers looking for a safe investment for a year or less can now get the best yields in ages from Treasury bills, or T-bills. Savings rates have jumped from just about zero to more than 4% in the past 12 months on these short-term securities issued by the federal government. On Jan. 24, a one-year T-bill was yielding 4.7%, up from a rate of 0.57%… Source link

Read More »

Stocks moving in after hours: Meta, Elf, Align

Stocks moving in after hours: Meta, Elf, Align

Meta (META) Meta Platforms shares soared after the social media giant announced fourth quarter sales of $32.17 billion which beat analyst expectations of $31.65 billion. The company also announced a $40 billion boost to its stock buyback program. Facebook’s daily active users of 2 billion beat analyst estimates of 1.98 billion. e.l.f Beauty (ELF) e.l.f Beauty quarterly results came in above expectations, with net sales of $146.5 million versus Wall Street analyst average estimates of $122.5… Source link

Read More »

What to expect when Alphabet, Amazon, Apple report on Thursday

What to expect when Alphabet, Amazon, Apple report on Thursday

Thursday is a big day for tech earnings as Alphabet, Amazon and Apple all are set to report their quarterly results. Video Transcript SEANA SMITH: Well, it is a big tech trifecta. Amazon, Apple, Alphabet all reporting after the bell tomorrow. Here with what we can expect, we have Yahoo Finance’s seniors tech reporter Allie Garfinkle and tech editor Dan Howley here. We got all of your bases covered because tomorrow is certainly going to be a busy day after the bell. Allie, let’s kick it off… Source link

Read More »

‘There’s only one way forward here’

‘There’s only one way forward here’

Federal Reserve Chairman Jerome Powell is keeping his distance from the ongoing debt ceiling brinkmanship. “There’s only one way forward here and that’s for Congress to raise the debt ceiling so that the United States can pay all of its obligations when due,” he said during a press conference Wednesday. Powell appeared before reporters after the Federal Reserve on Wednesday raised short-term interest rates by a quarter-point, bringing its benchmark rate to the highest level since October… Source link

Read More »

Stocks moving in after hours: Meta, Align, E.L.F. Beauty

Stocks moving in after hours: Meta, Align, E.L.F. Beauty

Yahoo Finance Live’s Seana Smith looks at several stocks trending in the after-hours trading session. Video Transcript SEANA SMITH: Let’s take a look at what’s trending after-hours. We’ve got three stocks for you. And as you can on your screen, a lot of green. Let’s kick it off with Meta. We’re looking at gains of just about 18% in extended trading. Revenue very strong for its most recent quarter, beating the Street’s estimates, coming in just above $32 billion. Daily active users was also… Source link

Read More »