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News & Articles By Zoey Sky
01/03/2024
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By Zoey Sky
Only half of Ford dealers agreed to sell electric vehicles in 2024
Ford has announced that only half of all 1,550 Ford dealers have agreed to sell electric vehicles in 2024. The figure has gone down from two-thirds who in 2022 said they would sell electric cars in 2023. The other half of Ford dealers will sell and service internal combustion engine (ICE) and hybrid models. According to Ford spokesman […]
12/31/2023
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By Zoey Sky
News media outlets cut a record-breaking 2,700 jobs in 2023, with more losses predicted for 2024
A study has found that news media outlets have slashed at least 2,700 jobs in 2023. Data from outplacement firm Challenger, Gray and Christmas has revealed that media companies overall have made 20,324 cuts so far in 2023, the highest year-to-date total since 2020. In recent weeks, Conde Nast, the Washington Post, Yahoo News, Vox Media and […]
12/04/2023
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By Zoey Sky
Australia’s Big 4 consulting firms laying off HUNDREDS of workers amid recession forecasts
Deloitte Touche Tohmatsu Limited, Ernst & Young (EY), KPMG International Limited (KPMG) and PricewaterhouseCoopers (PwC), the four biggest consulting firms in Australia, have announced layoffs as the slowdown in the economy continues to impact the jobs market. Professional services firm EY made 232 employees redundant early in November; PwC laid off 338 workers, a decision that was the […]
12/04/2023
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By Zoey Sky
Renewable energy company Plug Power’s shares PLUMMET by 30% in premarket trading in New York
The shares of renewable energy startup Plug Power have fallen by 30 percent in premarket trading in New York. The significant drop followed the company’s third-quarter earnings report, which mentioned the “unprecedented supply challenges” in North America’s hydrogen network. Plug Power, based out of Latham in Upstate New York, is one of the leading names in hydrogen power and […]
11/30/2023
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By Zoey Sky
Online banking services are being disrupted across the U.S.
With various conflicts going on across the globe, should you also be worried about the issues affecting U.S. banks? According to reports, several banks in America have been shutting down hundreds of branches and laying off thousands of workers. Additionally, many customer accounts are being shut down without any warning. U.S. banks affected by “glitches” “Glitches” […]
11/29/2023
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By Zoey Sky
CHICKEN SANDWICH AIR DROP: Chick-fil-A launches drone deliveries in Florida
One Chick-fil-A location in Tampa, Florida, has recently launched a pilot program that uses delivery drones. While the idea seems novel and convenient, is it something workers at the fast food restaurant chain should worry about? Will the drones eventually replace all human delivery drivers? Stores in Valrico, Florida can send orders using drones Chick-fil-A announced […]
11/27/2023
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By Zoey Sky
Automakers cut programs and reassess future plans for EV production as consumer demand plummets
In recent months, some of the biggest car manufacturers have postponed their plans to produce more electric vehicle (EV) by 2030. Ford Motor Co. (Ford) paused its $3.5 billion electric car plant in Marshall, Michigan. Both General Motors (GM) and Honda have also canceled a program to sell EVs for around $30,000. Ford has also […]
11/16/2023
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By Zoey Sky
Target CEO warns that shoppers are spending less because of budgetary concerns
Former Walmart CEO Bill Simon recently warned that American consumers are nearing a “breaking point.” Now, it’s Target CEO Brian Cornell’s turn to warn about the cutback in consumer spending. In an interview with CNBC‘s Becky Quick on “Squawk Box,” Cornell talked about Target’s challenges, including the cash crunch facing consumers amid high inflation. Cornell also shed […]
11/15/2023
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By Zoey Sky
Sudden local bank closures in San Francisco area surprise residents
Residents were taken by surprise as many local bank branches began closing all over San Francisco while the city’s economic decline continues through other issues like crime, homelessness and a devastating drug epidemic. In March, the Silicon Valley Bank (SVB) in Santa Clara failed as depositors pulled their funds due to panic from the venture capital […]
11/13/2023
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By Zoey Sky
Ongoing INTERNATIONAL CONFLICTS spark worries about Pentagon’s worsening military weapons and munitions shortages
Western defense officials have expressed concerns that with Israel going to war at the same time the West is battling Russia by proxy in Ukraine, there won’t be enough artillery shells and other weapons left to help both allies amid ongoing conflicts. Planners at the North Atlantic Treaty Organization (NATO) are also worried even though Israel […]
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