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The Latest Breaking News from Wikimedia Commons

Amazon's Unionization Would Hit Its Profitability, Morgan Stanley Says

Morgan Stanley analysts saw Amazon.com Inc's (NASDAQ:AMZN) unionization decision driving costs, CNBC reports. Morgan Stanley analysts saw Amazon's 2023 operating expenses increasing by $203 million on hiking JFK8 employees' hourly wages to $29. It served a tiny fraction of Amazon's annual operating costs, which reached $445 billion in 2021. Every 1% of Amazon's front-line…

Benzinga

Xi Jinping once called Vladimir Putin his ‘bosom buddy’, but Russia's failing gambit in Ukraine hands China an opportunity

China wants to strengthen ties with Russia, but given the complex love-hate relationship between the two powers, it's not clear how that will play out in Ukraine.

ABC News

38 Different Pride Flags and What Each Stands For

Inclusivity matters.

Marie Claire

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Read How Amazon's 2022 Warehouse Union Election Set It Apart From 2021

Around 57% of Amazon.com Inc (NASDAQ:AMZN) workers at a New York City Staten Island warehouse have voted in favor of unionizing, Reuters reports. Contrastingly, 53% of Amazon workers in Alabama have rejected unionization. A final tally was due on April 1. The Alabama contest could hinge on 416 challenged ballots leading to a…

Benzinga

Georgia Bill Calls For Creation Of Psychedelics Committee To Study Therapeutic Potential

Georgia lawmakers advanced a bipartisan resolution that calls for the formation of a House study committee to investigate psychedelics, Marijuana Moment reported. The goal of the committee would be to analyze the potential therapeutic applications of the substances, such as psilocybin, and make recommendations for reforms. The bill was taken…

Benzinga

Michigan Advocates Launch Massive Signature Drive For Statewide Psychedelics Legalization

Less than a week after Hazel Park decriminalized psychedelics, Decriminalize Nature, its Michigan chapter and Students for Sensible Drug Policy (SSDP) launched a massive signature drive to place a measure on this November’s statewide ballot to legalize possessing, cultivating and sharing psychedelics. At the same time, the measure would allow them to…

Benzinga

Now Shackleton's Endurance has been found, who determines what happens to the famous shipwreck?

Tonight’s federal budget will include more than A$800 million over ten years to provide a “clear marker” of Australia’s “scientific leadership” in Antarctica.

The Conversation

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Ukraine Changes the Face of War Forever

Every fried Russian tank and dead soldier drives home the point that superpowers can no longer dominate simply because they have more troops and weapons.

Reason

Volkswagen Forced To Defer EV launch Due To Ukraine War Bottleneck: Reuters

Volkswagen AG (OTC:VWAGY) looked to postpone the launch of its ID.5 electric car by a month, Reuters reports. Volkswagen's Zwickau plant produced the ID.5. Supply bottlenecks caused by the Ukraine war led to a production halt and were due to resume next week. Volkswagen now aimed to release it in the first…

Benzinga

BP To Inject £1B In UK Electric Vehicle Charging Infrastructure

BP plc (NYSE:BP) has announced a £1 billion investment for the U.K. electric vehicle (EV) charging infrastructure over ten (10) years. The investment, which will see a tripling of charging points by 2030, was unveiled during an official visit by Transport Secretary Grant Shapps to BP pulse's UK headquarters in Milton Keynes. It…

Benzinga

Nickel Rises On LME As Buyers Return After Squeeze

Nickel volumes surged as prices traded within the London Metal Exchange’s daily limits for the first time since reopening last week, Bloomberg reported. Prices climbed to a high of $29,700 a ton and remained within a 15% intraday limit set by the bourse. Nickel prices jumped 250% in early March touching a…

Benzinga

Canadian Pacific Reaches Agreement With TCRC To Enter Binding arbitration, End Work Stoppage

Canadian Pacific Railway Ltd (NYSE:CP) and union Teamsters Canada Rail Conference (TCRC) have arrived at an arbitration agreement, paving the way to resume operations. The company's trains were halted on Sunday after a dispute between the company and its workers over contract negotiations. The impasse threatened to amplify the already elongated supply chain snarls.…

Benzinga

Porsche AG Sets High Bar For Electric Vehicles

Volkswagen AG (OTC:VWAGY) owned luxury sports car maker Porsche AG has set forth an upbeat target for its electric vehicles, Reuters reported. Porsche said it expects more than 80% of newly sold Porsche vehicles to be fully electric in 2030. In an annual press conference, its chief finance officer said Porsche had set 15%…

Benzinga

Alibaba Looks To Slash Workforce By 30% After Its MMC Division Decides To Lay off 20% Employees

Alibaba Group Holding Ltd (NYSE:BABA) and Tencent Holdings Ltd (OTC:TCEHY) employees saw a job cut of 30%, the Print reports as per speculation on Weibo Corp (NASDAQ:WB). Internal speculation among employees was that Alibaba looked to lay off 30% of its employees while Tencent between 10% - 30% of its employees. Tencent started layoffs within small business…

Benzinga

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Benzinga

Irish Data Watchdog, South African Competition Commission Penalize Facebook Parent Meta

Privacy watchdog Irish Data Protection Commission penalized Meta Platforms Inc (NASDAQ:FB) €17 million ($19 million) for failing to prevent a series of data breaches on its Facebook platform in 2018, Bloomberg reports. The breach affected up to 50 million accounts. "This fine is about record-keeping practices from 2018 that we have since updated,…

Benzinga

Goldman Sachs Trims US Growth Forecast On Rising Commodity Prices: Reuters

Goldman Sachs Group Inc (NYSE:GS) analysts downgraded forecasts for U.S. economic growth for this year, reckoning that spikes in oil and other commodities since Russia's invasion of Ukraine will hurt spending, reported Reuters. The investment bank cut its annualized growth forecast to 2.9% against a previous expectation of 3.1%. It expects fourth-quarter…

Benzinga

El Pollo LoCo Stock Surges On Q4 Earnings Beat, Names Laurance "Larry" Roberts CEO

El Pollo LoCo Holdings Inc (NASDAQ:LOCO) reported a fourth-quarter revenue decline of 1.3% year-over-year to $108.96 million, beating the consensus of $108.58 million. Franchise revenue in the quarter increased by 12.6% Y/Y to $15.3 million. System-wide comparable restaurant sales increased 11%. Adjusted EPS improved to $0.17 from $0.16, beating the consensus of $0.12.…

Benzinga

LSD And Magic Mushroom's Active Compound Appear To Have The Same Effects, New Study Finds

A new peer-reviewed study compared the effects of LSD and psilocybin, two substances currently standing as top molecules behind the recent psychedelic medicine boom. While both compounds have a rich history of human use, not much research has been dedicated to contrasting the effects they produce in human psychology. The…

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Benzinga

Researcher Portrayed In Hollywood Movie By Alec Baldwin Joins Psychedelics Company

In 2015, the movie Concussion, starring Will Smith and Alec Baldwin, told the true story of a doctor and his fight against the National Football League to suppress his research on chronic traumatic encephalopathy CTE), a degenerative brain condition suffered by professional football players, as well as other athletes and as victims of…

ABC News

Queen Elizabeth II has COVID-19, but she's not the first monarch caught up in a pandemic

The Queen's COVID-19 diagnosis adds another chapter to the long history of deadly diseases breaching the palace walls, including bubonic plague, smallpox and influenza.

Reason

The Revolt of the Canadian Truckers

In an age of elite scorn, government mandates, a rotten economy—and powerful, decentralized communication tools—common people are pushing back.

Reason

Why the Olympics Suck So Hard

And how to make them great again.

Reason

N.Y. Can't Teach Kids To Read on $30,000 a Year

Inflation-adjusted revenue per student in public schools is up 68 percent in the Empire State—and 24 percent nationally—over the past two decades. Time for School Choice.

Reason

How Progressives Ruined San Francisco: Michael Shellenberger

The author of the new book "San Fransicko", says the homelessness crisis is an addiction and mental health crisis enabled by policies that permit open-air drug scenes on public property and prevent police from enforcing laws

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Michael Shellenberger

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