Category: Business

White House Warns ‘No Company Is Safe’ From Ransomware Attacks

The White House warned business leaders in a Thursday letter about the growing risk of ransomware attacks, while urging them to beef up security. “The threats are serious and they are increasing,” Anne Neuberger, cybersecurity adviser at the National Security Council, said in the letter obtained by media outlets. “All organizations must recognize that no company…


The 1 Indispensable Thing Nonprofits Need

“I started a nonprofit organization about three years ago. “In the beginning, we had three directors—we were told we needed at least three to get our federal tax exemption—but two of them quit shortly after we formed, and I have struggled to fill those two positions since. People sign up, probably out of personal friendship…


GM Raises Forecast, Says Chip Shortage Not as Bad as Feared

DETROIT—General Motors Co. says efforts to manage the global computer chip shortage have worked better than expected, so its financial results will improve over previous forecasts. The company said in a statement Thursday it has made engineering changes, prioritized semiconductor use, and pulled some potential deliveries into the second quarter. So now the first-half earnings…


Bill Gates and Warren Buffet to Launch ‘Game-Changing’ Nuclear Power Plant in Wyoming

Wyoming Gov. Mark Gordon on Wednesday announced that a next-generation nuclear power plant will be built at a soon-to-be retired coal-fired plant in Wyoming in the next several years, with the project a joint initiative between Bill Gates’ TerraPower and PacifiCorp, owned by Warren Buffet’s Berkshire Hathaway. “Today’s announcement really, truly is game-changing and monumental for…


Bill Gates and Warren Buffett to Launch ‘Game-Changing’ Nuclear Power Plant in Wyoming

Wyoming Gov. Mark Gordon on Wednesday announced that a next-generation nuclear power plant will be built at a soon-to-be retired coal-fired plant in Wyoming in the next several years, with the project a joint initiative between Bill Gates’ TerraPower and PacifiCorp, owned by Warren Buffett’s Berkshire Hathaway. “Today’s announcement really, truly is game-changing and monumental for…


Bill Gates, Warren Buffett to Launch ‘Game-Changing’ Nuclear Power Plant in Wyoming

Wyoming Gov. Mark Gordon on June 2 announced that a next-generation nuclear power plant will be built at a soon-to-be retired coal-fired plant in Wyoming in the next several years, with the project a joint initiative between Bill Gates’s TerraPower and PacifiCorp, owned by Warren Buffett’s Berkshire Hathaway. “Today’s announcement really, truly is game-changing and monumental…


Google Reassigns Diversity Staffer Who Said Jews Have ‘Insatiable Appetite for War and Killing’

Google on Wednesday said it reassigned a top diversity officer after critics noted he wrote years ago that Jews have an “insatiable appetite for war and killing.” Kamau Bobb has been removed from Google’s diversity team, a spokesperson told The Epoch Times in an email. Bobb was the company’s global lead for diversity strategy and research….


Tesla Issues 2 US Recalls to Address Seat Belt Issues

WASHINGTON—Tesla is issuing two new recalls to address seat belt issues, it said on Thursday. One recall covers 5,530 vehicles, comprising 2018-2020 Model 3 and 2019-2021 Model Y cars, because fasteners that secure the front seat shoulder belt to the b-pillar may not be properly attached. The other recall covers 2,166 Model Y vehicles from…


Walmart To Give 740,000 US Store Workers Free Samsung Phones

CHICAGO—Walmart said on Thursday it would give nearly half its U.S. employees free Samsung phones by the end of the year so they can use an app the company has developed to manage shifts, clock in, and stay in “constant communication.” The world’s largest retailer, which employs nearly 1.6 million people in the United States,…


US 1st-Quarter Worker Productivity Unrevised at 5.4

WASHINGTON—U.S. worker productivity rebounded solidly in the first quarter, the government confirmed on Thursday, also noting that labor costs grew instead of contracting as previously reported. Nonfarm productivity, which measures hourly output per worker, increased at an unrevised 5.4 percent annualized rate last quarter, the Labor Department said. Productivity fell at a 3.8 percent rate…