• Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
Tuesday, February 7, 2023
Ector County News Online
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
No Result
View All Result
Home Business

Business Highlights: Imperiled Wheat, New ‘Gigafactory’ – The Associated Press – En Español

by NewsReporter
March 23, 2022
in Business
business-highlights:-imperiled-wheat,-new-‘gigafactory’-–-the-associated-press-–-en-espanol
Share on FacebookShare on Twitter

___

Ukraine war imperils wheat, but farmers in no rush to pivot

DUBAI, United Arab Emirates (AP) — Farmers worldwide are weighing whether to change their planting patterns and grow more wheat this spring as Russia’s war in Ukraine has choked off or thrown into question grain supplies from a region known as “the breadbasket of the world.” Countries in the Middle East, Asia and Africa rely on those supplies to feed millions of people who subsist on subsidized bread and bargain noodles. Major grain producers like the United States, Canada, France, Australia and Argentina are being closely watched to see if they can quickly ramp up production. But farmers there are facing the prospect of another year of drought, climbing fuel and fertilizer costs, and supply chain disruptions.

___

Tesla opens ‘Gigafactory’ near Berlin, its 1st in Europe

BERLIN (AP) — Electric car manufacturer Tesla opened its first European factory on the outskirts of Berlin in an effort to challenge German automakers on their home turf. The company says its new “Gigafactory” will employ 12,000 people and produce 500,000 vehicles a year. Initial production will focus on Tesla’s Model Y compact sport utility vehicle. German Chancellor Olaf Scholz and Economy Minister Robert Habeck attended the opening ceremony Tuesday in Gruenheide, southeast of the German capital, with Tesla boss Elon Musk.

___

Disney in balancing act as some workers walk out in protest

ORLANDO, Fla. (AP) — With some workers across the U.S. staging a walkout, The Walt Disney Co. finds itself performing a high-wire act of balancing the expectations of a diverse workforce against demands from an increasingly polarized and politicized marketplace. On the one side are LGBTQ supporters and Disney employees who planned to walk off their jobs Tuesday to protest CEO Bob Chapek’s slow response in publicly opposing what critics call Florida’s “Don’t Say Gay” bill. On the other side are politicians like Florida Gov. Ron DeSantis who accuse the entertainment conglomerate of being “woke.” It was unclear how many employees would walk out or what might happen to those who do.

___

MacKenzie Scott donates $436 million to Habitat for Humanity

MacKenzie Scott donated $436 million to Habitat for Humanity International and 84 of its U.S. affiliates – the largest publicly disclosed donation from the billionaire philanthropist since she pledged to give away the majority of her wealth in 2019. The international group received $25 million from Scott and her husband, Dan Jewett, while the remaining $411 million will be distributed in varying amounts among Habitat’s local affiliates. Jonathan Reckford, Habitat for Humanity International’s CEO, said Habitat for Humanity will use Scott’s timely donation of unrestricted funds to increase the supply of affordable housing, especially in communities of color.

___

EU moves toward joint natural gas purchase to curb shortages

BRUSSELS (AP) — The European Union is moving toward the joint purchase of natural gas and ensuring its storage facilities are nearly full to try to avoid another crisis tied to its dependency on Russian energy. The 27-nation bloc acknowledges it has been far too reliant on Russia for natural gas and oil and has been struggling to find the right mix of sanctions to punish the Kremlin for invading Ukraine while still requiring Russian fossil fuels. The European Commission vice president says low levels of natural gas storage “brought us to big difficulties in January where we have been kind of scrambling for additional gas for European consumption.”

___

Elizabeth Holmes looms over trial of former lover, partner

SAN JOSE, Calif. (AP) — Although not in the courtroom, Theranos CEO Elizabeth Holmes loomed over the opening day of a trial that will determine whether her jilted lover and former business partner Ramesh “Sunny” Balwani was her partner in crime. In opening statements Tuesday, a federal prosecutor depicted Balwani as an instrumental accomplice who helped Holmes pull off a huge scam tied to Theranos’ blood-testing technology. Balwani’s lawyer countered by casting Balwani as a savvy and well-meaning executive who poured millions of his own dollars into Theranos because he so fervently believed the Silicon Valley company would revolutionize health care.

___

BuzzFeed cutting jobs, top editors leaving news division

NEW YORK (AP) — BuzzFeed is shrinking and shifting the focus of its Pulitzer prize-winning news division. The digital media company best known for its lighthearted lists and quizzes says it is striving to increase its profitability. It is offering voluntary buyouts in its high-profile, 100-person newsroom. Its news division is unprofitable but has won awards, including its first Pulitzer last year. Top editors leaving include Mark Schoofs, the editor in chief of BuzzFeed News, and deputy editor in chief Tom Namako, who announced a move to NBC News Digital on Tuesday.

___

Stocks gain ground on Wall Street, oil prices ease lower

NEW YORK (AP) — Stocks closed higher on Wall Street Tuesday and oil prices eased as investors remained focused on the outlook for inflation. The S&P 500 rose 1.1%, the Dow Jones Industrial Average rose 0.7% and the Nasdaq rose 2%. Banks helped drive the gains, along with technology and retailer stocks. Energy stocks slipped as oil prices fell. Bond yields continued to rise a day after Federal Reserve Chair Jerome Powell said the central bank was prepared to move more aggressively in raising interest rates in its fight against inflation, if it needed to. The yield on the 10-year Treasury rose to 2.38%.

___

SEC claims authority to subpoena Elon Musk about tweets

DETROIT (AP) — U.S. securities regulators say they have legal authority to subpoena Tesla and CEO Elon Musk about his tweets. The Securities and Exchange Commission also says in court documents that Musk’s move to throw out a 2018 agreement that his tweets be pre-approved is not valid. The SEC disclosed publicly in documents filed Tuesday that it is investigating Musk’s Nov. 6, 2021 tweets that asked followers whether he should sell 10% of his Tesla stake. The commission confirmed that it issued administrative subpoenas while investigating whether Musk and Tesla are complying with controls in the 2018 agreement.

___

FBI sees growing Russian hacker interest in US energy firms

WASHINGTON (AP) — The FBI is warning that it has seen increased interest by Russian hackers in energy companies since the start of Russia’s war against Ukraine, though it is offering no indication that a specific cyberattack is planned. An FBI advisory obtained by The Associated Press on Tuesday says Russian hackers have scanned at least five energy companies for vulnerabilities and at least 18 other companies in sectors including the defense industrial base and financial services. The advisory does not identify any of the companies.

___

The S&P 500 rose 50.43 points, or 1.1%, to 4,511.61. The Dow Jones Industrial Average gained 254.47 points, or 0.7%, to 34,807.46. The Nasdaq jumped 270.36 points, or 2%, to 14,108.82. The Russell 2000 index of smaller companies advanced 22.41 points, or 1.1%, to 2,088.34.

Related Posts

live-news-updates:-american-airlines-‘ill-prepared’-for-rebound-in-demand,-warns-pilots-union-–-financial-times

Live News Updates: American Airlines ‘ill-Prepared’ For Rebound In Demand, Warns Pilots Union – Financial Times

by NewsReporter
April 14, 2022
0

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to...

sri-lankan-protesters-mark-new-year-near-president’s-office-–-fredericksburg.com

Sri Lankan Protesters Mark New Year Near President’s Office – Fredericksburg.com

by NewsReporter
April 14, 2022
0

By KRISHAN FRANCIS - Associated Press COLOMBO, Sri Lanka (AP) — Sri Lankans shared milk rice and oil cakes to celebrate their traditional new year on Thursday opposite the president’s office, where they camped out for a sixth day demanding his resignation over the worst economic crisis in memory.Soldiers who...

infosys-q4-net-at-`5,686-cr-–-the-indian-express

Infosys Q4 Net At `5,686 Cr – The Indian Express

by NewsReporter
April 13, 2022
0

Written by Shubhra Tandon | New Delhi | April 14, 2022 4:00:24 am Meanwhile, as per a Reuters report, Infosys said it would move its business out Russia and pursue alternate options. Infosys on Wednesday missed estimates for headline numbers for the March quarter. However, the company offered an encouraging...

breaking:-1-more-held-in-connection-with-protest-outside-sharad-pawar’s-house-–-hindustan-times

Breaking: 1 More Held In Connection With Protest Outside Sharad Pawar’s House – Hindustan Times

by NewsReporter
April 13, 2022
0

Live Breaking news updates April 13, 2022: Get latest news, breaking news, latest updates, live news, top headlines, breaking business news and top news of the hour. ind fast updates about the latest news as it breaks. Updated on Apr 13, 2022 03:45 PM IST Welcome to hindustantimes.com live updates...

Ector County News Online

© 2021 Ector County News Now

Navigate Site

  • Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer

Follow Us

No Result
View All Result
  • Home
  • DMCA Policy
  • Medical Disclaimer
  • Privacy Policy
  • Disclosure
  • CCPA
  • Terms of Use

© 2021 Ector County News Now

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT