HP Inc. said on Monday it would buy audio and video devices maker Poly for $1.7 billion in cash as it looks to capitalise on the hybrid work led boom in demand for electronic products. Shares in HP, which expects the deal will position it for long-term growth, fell 1.4 percent in premarket trade. The…
4 Must-Haves to Help You Snag an Innovative Source of Funding
By Sam Silverman The EB-5 Immigrant Investor Program allows foreign investors who meet a specific set of requirements to obtain permanent U.S. residency. In effect since 1990, it has gained particular traction in recent years among business owners and project developers, who have come to regard the EB-5 investment industry as a secure and reliable…
5 Signs You’re Approaching Burnout
We hear a lot about how entrepreneurs can end up feeling burnout. Unfortunately, all too often, we don’t realize that we are approaching burnout. At least, we don’t do anything about it until we’re in the midst of a breakdown. If you want to avoid the problems that come with burnout, it’s important to take…
FBI Offering up to $10,000 Reward for Information in Search for Missing Nevada Teen
The FBI is offering a reward of up to $10,000 for information leading to the location of an 18-year-old Nevada woman who was abducted from a Walmart parking lot earlier this month and has been missing since. Naomi Christine Irion was last seen (pdf) in the Walmart parking lot in the city of Fernley in Lyon County, Nevada, on March 12…
Brazil’s Bolsonaro Hospitalized After Feeling Abdominal Discomfort
Brazilian President Jair Bolsonaro was hospitalized in Brasilia late Monday after suffering abdominal discomfort, Communications Minister Fabio Faria said. Bolsonaro, 67, was taken to the Army Hospital in Brasilia for testing, Faria said, noting that “he is alright.” Faria said the president felt unwell and went to the hospital to be tested as he has…
US Boost Fines for Automakers Not Meeting Fuel Economy Rules in Tesla Win
March 29, 2022
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automakersBusiness & EconomyCompaniesDistrict of Columbiaeconomyfinesfuel economyLocal NewsNHTSAPoliticsRegional-Local NewsrulesteslaUSUS News
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WASHINGTON—The U.S. National Highway Traffic Safety Administration (NHTSA) on Sunday reinstated a sharp increase in penalties for automakers whose vehicles do not meet fuel efficiency requirements for model years 2019 and beyond. The decision was a win for Tesla that could cost other automakers hundreds of millions of dollars or more. Confirming an earlier report…
Beijing-Solomons’ Military Deal Is ‘Ready for Signing’: Prime Minister Sogavare
March 29, 2022
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Asia & PacificAustraliaChinaChina-Australia RelationsInternationalInternational RelationsManasseh SogavareMatthew WalemilitarySolomon Islandssolomon islands-chinaWorld
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The Chinese military deal with the Solomon Islands, which will allow the stationing of Chinese police, troops, and weapons in the region, is “ready for signing,” according to Prime Minister Manasseh Sogavare. His comments come in a fiery address to the Pacific nation’s Parliament on March 29, where the embattled prime minister attempted to justify…
FedEx Corp. Founder Fred Smith Will Step Down as CEO in June
FedEx Corp. said Monday that Fred Smith will step down on June 1 as CEO of the package-delivery company that he founded and be succeeded by the company’s president and chief operating officer. Raj Subramaniam will serve as both CEO and president and Smith will become executive chairman, the package-delivery company said. Smith, 77, started…
Walmart to Discontinue Tobacco Sales in Select US Stores
Walmart will stop selling cigarettes across select stores in the United States, the retail giant confirmed on Monday, citing a “business decision.” “We are always looking at ways to meet our customers’ needs while still operating an efficient business,” Walmart said in a statement to the Wall Street Journal. “As a result of our ongoing focus on…
Boeing’s Defense Head to Retire, Global Services Head to Take Over
Boeing Co. said on Monday the head of its big defense division, Leanne Caret, will retire after nearly 35 years with the aviation company. Caret, who is 55 years old, will be succeeded by Ted Colbert effective April 1. Caret oversaw development of the successful MQ-25 drone program and the U.S. Air Force’s new training…
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