Tag Archives: lead

Interim Hertz CEO Mark Fields is jazzed by the company’s big deal with Tesla (which he has secured, despite Elon Musk’s Twitter assertions) and is ready to get to work to rebuild the car rental giant.  “We are excited about the Tesla relationship. It’s all wrapped around our strategy to lead the adoption of electric vehicles,” the former CEO of Ford said on Yahoo Finance Live. Fields is credited with planting the seeds for Ford’s EV pivot prior to his departure in 2017.  Hertz said in late… Source link

One Virginia school district has made select Wednesdays shorter for students as teacher burnout through the coronavirus pandemic drags on.  The district’s superintendent said the move was to give teachers more time amid a historic shortage of educators. “Our teachers are just tired — they’re tired and they’re overwhelmed and dealing with a lot of the mental health issues that I think many folks are dealing with as a result of the pandemic,” Aaron Spence, superintendent of the Virginia… Source link

* Asian stock markets: https://tmsnrt.rs/2zpUAr4 * US stocks futures slip as earnings season looms * Oil leads energy complex higher, stokes inflation risk * Dollar reaches highest on yen since April 2019 By Wayne Cole SYDNEY, Oct 11 (Reuters) – Asian shares slipped on Monday as global inflation angst favoured commodities as a hedge over U.S. equities, while rising U.S. bond yields lifted the dollar to two-and-a-half year peaks against the Japanese yen Nasdaq futures and S&P 500 futures were both… Source link

Grocery shoppers, beware: a number of recalls have been announced in recent days on seafood, crackers and canned beef with gravy. Shoppers should be on the lookout for some products from Northeast Seafood Products (which has distributed seafood products linked to a salmonella outbreak), Simple Mills (which is warning consumers of a packaging mistake that could lead to severe allergic reactions) and Crider Foods (which issued a recalled for canned beef with gravy after discovering it may have… Source link

Raw material shortages, logistics hurdles and underground markets continue to mar the global distribution of COVID-19 vaccines. It’s why a former CDC director, numerous public health experts, scientists and activists called on the White House this month to enact a more aggressive manufacturing program to increase the production of vaccines within a year. Their joint letter builds on and cites a May blueprint published by Public Citizen, a progressive advocacy organization, for increasing… Source link

Move over, plant-based meat — the movement now has its eyes on creatures of the sea. One such company is Gathered Foods, which on July 19th came to market with plant-based seafood — including a fish-free filet and crab-free cake — as interest in alternative foods gathers steam.  The two offerings developed by subsidiary Good Catch are available at fast food chain Long John Silver’s for a limited time, in locations across California and Georgia. Meanwhile, the company also has a Source link

President Joe Biden will nominate Jonathan Kanter, an ardent Google critic and competition lawyer, to lead the Justice Department’s antitrust division, as first reported by Bloomberg on Tuesday. Kanter has a long history of representing companies in competition cases against Google, and he opened his own law firm last year. If confirmed by the Senate, Kanter would take the helm on a slate of cases against big tech companies led by the Justice Department, including a monopoly lawsuit… Source link

Executives from Alphabet’s Google (GOOGL.O) and Amazon.com (AMZN.O) head the list of witnesses for a hearing before the Senate Judiciary Committee’s antitrust subcommittee next week, along with an executive from speaker maker Sonos Inc (SONO.O), which has been critical of the two tech giants. Ryan McCrate, an associate general counsel, will speak for Amazon while public policy specialist Wilson White will testify for Google, said Senators Amy Klobuchar, chair of the panel, and Mike Lee, the… Source link

The move to remote work at the onset of the pandemic last year happened virtually overnight, with shelter-in-place orders forcing office workers to abandon the spaces where they spent most of their waking hours as if driven off by a nuclear meltdown. So people spent the next weeks and months reorganizing their lives and homes, carving offices out of bedroom corners and slipping in and out of home schooling sessions for kids between calls, with former commute hours now devoted to myriad other… Source link

(Bloomberg) — AMC Entertainment Holdings Inc. rose for a second day and Wendy’s Co., the latest addition to the retail-trader frenzy, climbed to a record amid a broader rally in meme stocks. Shares of the theater chain rose as much as 10%, adding to Monday’s 15% gain and continuing what’s been a wild ride for investors. Wendy’s jumped as much as 19% to notch a record as the fast-food restaurant operator gained traction on social media, including several touts on Reddit’s… Source link