Oil prices rise after Iran seizes oil tanker
The incident raises prospects of growing conflict in the Middle East, which could impact UK fuel prices.
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Opinion: Why pushing STEM majors is turning out to be a terrible investment
Republicans and Democrats don’t seem to agree on much these days. But despite the gridlock in Congress, both political parties have for years supported spending billions on Science, Technology, Engineering and Math (STEM) education. Their goals include reducing perceived shortages of STEM workers, boosting American innovation and competitiveness and diversifying this highly paid workforce. The…
Investigators Allege A Shocking Case Of Child Labor In A U.S. Meatpacking Plant
Regulators say Exclusive Poultry Inc. had kids as young as 14 working to debone chickens with sharp knives and “operate power-driven lifts to move pallets.”
China Bans Exports Of A Key Material, Escalating Trade War With U.S.
China has slapped export controls on graphite, a key mineral used to make steel and electric car batteries, ratcheting up a trade fight with the United States over the technologies needed to wean the world’s economy off planet-heating fossil fuels. The measures, announced Friday in a joint declaration from Beijing’s Ministry of Commerce and the…
The CEO Of Kids Clothing Company Hanna Andersson Has Resigned After Diversity Complaints From Staff
They described situations where they received angry messages from Edwards, or were forced by him to apologize, after criticizing diversity efforts at the company. “If you don’t apologize,” he wrote to one former employee who said he should resign, “we’re going to war.” Two former employees described an incident that occurred prior to Edwards joining…
The U.S. Project Meant To Debut Revolutionary Nuclear Reactors Just Fell Apart
The project meant to debut small modular reactors, the technology the nuclear energy industry hopes will spur a renaissance of atomic power construction, collapsed Wednesday night amid mounting financial troubles. The NuScale Power Corporation based in Portland, Oregon, whose SMR design became the first in U.S. history to win the Nuclear Regulatory Commission’s approval last…
Two Wall Street Firms Took Huge GameStop Losses After Admitting Defeat To Redditors
Two of the major hedge funds targeted by investors on Reddit pushing up the stock price of GameStop have waved expensive flags of defeat and sold out of their investments, losing millions of dollars. On Wednesday, the stock price of GameStop (GME), the mall retailer for video games, soared 134%, a staggering increase of 748%…
