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News & Articles By Arsenio Toledo
01/27/2023
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By Arsenio Toledo
US officials to talk with Dutch counterparts about restricting exports of chip-making gear to China
Officials from the United States are meeting with counterparts from the Netherlands in Washington, D.C. on Friday, Jan. 27, to talk about putting up new restrictions on exporting semiconductor manufacturing equipment to China. The two nations could reach an agreement on mutual export bans on the same day if they can agree on the details, […]
01/27/2023
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By Arsenio Toledo
Amazon warehouse workers in Britain walk out of their jobs over paltry pay increase, terrible working conditions
Hundreds of Amazon workers in the United Kingdom walked out of their jobs on Wednesday, Jan. 25, in the first-ever formal industrial action in the country against the tech giant. The workers, affiliated with the GMB trade union, walked out of an Amazon warehouse in the city of Coventry in central England, known as BHX4 […]
01/24/2023
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By Arsenio Toledo
Big Banks team up to launch digital wallet that can compete with PayPal and Apple Pay… are you ready for your digital wallet social credit score enforcement?
Seven of the United States’ largest banks, including Wells Fargo, Bank of America and JPMorgan Chase, are teaming up to create a new digital wallet service that they hope can challenge the dominance of PayPal and Apple Pay. These seven banks claim that this new product will allow shoppers to pay at merchants’ online checkout […]
01/20/2023
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By Arsenio Toledo
Global DE-DOLLARIZATION is on the way as world’s central banks buy gold at fastest pace in 55 years
The world’s central banks are buying gold at the fastest pace since 1967, and metals expert Andy Schectman warned that people need to follow suit and invest in precious metals to avoid the worst impacts of this global de-dollarization. Data compiled by the World Gold Council, an industry-funded organization, show that demand for gold has […]
01/20/2023
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By Arsenio Toledo
Logistics company Ryder to fire 801 employees in Austin due to “customer’s changing needs”
American transportation and logistics giant Ryder System Inc, commonly known as Ryder, has announced that it will be laying off 801 employees after the company lost work at a factory in Austin, Texas. A total of 801 Ryder employees at the Applied Material site, a semiconductor plant in Austin, will lose their jobs. Applied Materials […]
01/19/2023
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By Arsenio Toledo
Bank of America experiences disruption in online transactions, customers report funds missing from accounts
Bank of America recently experienced significant disruptions in online transactions conducted via the payment service Zelle. Many customers reported delays and funds missing from their accounts, including funds from Zelle deposits and transactions. The website DownDetector, which monitors the online statuses of websites, noted that Bank of America started experiencing problems around 1:40 a.m. on […]
01/18/2023
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By Arsenio Toledo
Aluminum price forecasts surge due to higher demand in Europe and China
Goldman Sachs has raised its price forecasts for aluminum in reaction to higher demand for the metal in Europe and China. But the Wall Street finance giant also warned that this increased demand could lead to supply shortages. In the London market, aluminum is expected to average $3,125 a ton this year, according to Goldman […]
01/17/2023
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By Arsenio Toledo
FTC proposes banning employers from forcing workers to sign non-compete agreements
The Federal Trade Commission (FTC) proposed a rule on Thursday, Jan. 12, that would block employers from forcing employees to sign non-compete agreements. Non-compete agreements are clauses in employment contracts that prevent workers from working for a competitor or starting a business in the same industry for a certain period of time after leaving a job. The […]
01/13/2023
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By Arsenio Toledo
Survey: Nearly 65% of Poles not in favor of adopting the euro
A survey has found that nearly 65 percent of people in Poland are not in favor of adopting the euro as the country’s currency. This survey was conducted by the Institute of Economic and Social Research for Polish radio station Radio ZET. It found that only 24.5 percent of Poles support the idea of replacing the country’s currency, […]
01/11/2023
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By Arsenio Toledo
Natural gas prices in Southern California SURGED 128% since December
Natural gas prices in Southern California have risen by 128 percent from December to January, natural gas supplier SoCalGas announced. SoCalGas’s announcement was published right before the New Year to warn customers in Southern California, including the Los Angeles metro area, that the surge in prices will go into effect on Jan. 1. (Related: Operators say […]
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