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Weekend Industry News Roundup February 03, 2024

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Illustration: Dan Kitwood (Getty Footage), GettyImages/Chesnot; Shutterstock; Gizmodo Art, Photo: Neil Hall (Reuters), Jim Younger (Reuters), Klaudia Radecka/NurPhoto by job of Getty Footage (Getty Footage), Theo Wargo (Getty Footage), Tingshu Wang (Reuters), David Paul Morris (Getty Footage), Image: Rick Wilking (Reuters), Spencer Platt (Getty Footage)

business new tamfitronics Psst, wanna aquire some bitcoin?

Psst, wanna aquire some bitcoin?
Illustration: Dan Kitwood (Getty Footage)

Brenda Chunga, known on-line as “Bitcoin Beautee,” changed into as soon as the American face of an Australian Ponzi scheme called HyperFund.

Chunga made nearly $4 million promoting the scheme—which defrauded merchants all around the globe of $1.9 billion (pdf)—on social media, in response to the US Securities and Alternate Commission (SEC). Along with her fortune, she sold 1,000,000-greenback dwelling in her dwelling pronounce of Maryland, 1,000,000-greenback dwelling in Dubai, a BMW, and some dressmaker handbags. – Laura Bratton Be taught Extra

business new tamfitronics Image for article titled Weekend Industry News Roundup February 03, 2024

Photo: Neil Hall (Reuters)

business new tamfitronics A UPS driver steps off his truck to lift programs in Evanston, Illinois, March 5, 2014. United Parcel Service Inc, the arena's biggest courier firm, said it will aquire 1,000 propane-fueled birth automobiles and install 50 fueling stations within the US as it expands its already-comely rapid of substitute-gas automobiles

Most of UPS’s group is unionized.
Photo: Jim Younger (Reuters)

United Parcel Products and services (UPS) plans to nick about 2% of its 500,000-person group. Many of the 12,000 job cuts will be beefy- and segment-time administration positions and contract roles, UPS executives said. No staff represented by the World Brotherhood of Teamsters were affected, the union—which represents some 300,000 UPS workers—told Quartz. – Michelle Cheng Be taught Extra

business new tamfitronics A picture illustration of Elon Musk and Bernard Arnault on a background of hundred-greenback payments.

Illustration: GettyImages/Chesnot; Shutterstock; Gizmodo Art

business new tamfitronics Elon Musk and Ben Shapiro on a stage together.

Tesla CEO Elon Musk and properly-known fluctuate skeptic Ben Shapiro.
Photo: Klaudia Radecka/NurPhoto by job of Getty Footage (Getty Footage)

Tesla’s annual shareholder recount is out. It involves a bunch of growing numbers: Nearly $100 billion in earnings, more than 1.8 million automobiles dropped at possibilities, more than 140,000 staff. But one thing that isn’t growing in size, correct before Black History Month in February, is the “Human Capital Sources” piece of the annual submitting. Particularly, language referencing the electrical automaker’s “majority-minority group” — whose worker resource groups had been empowered to “rob payment” of fostering substitute on the firm — is long past. – Melvin Backman Be taught Extra

business new tamfitronics Elon Musk making an are trying back over his shoulder, carrying a esteem tux

Elon Musk on the 2022 Met Gala, gazing his back
Photo: Theo Wargo (Getty Footage)

business new tamfitronics A cashier at a Walmart Supercenter in Arkansas.

A cashier at a Walmart Supercenter in Arkansas.
Image: Rick Wilking (Reuters)

Walmart managers have a recent reason to be happy.

These staff can now fabricate between $138,000 and $148,000 a twelve months, depending on what roughly store they lead. And that’s correct with their immoral salaries and recent annual inventory grants launched by the Arkansas-headquartered retail chain on Monday (Jan. 29). – Laura Bratton Be taught Extra

business new tamfitronics Of us picket outside of a Starbucks store in Unique York’s East Village all around the union’s “Red Cup Revolution.” The Israel-Hamas battle intensified the struggle between Starbucks Body of workers United and the firm

Of us picket outside of a Starbucks store in Unique York’s East Village all around the union’s “Red Cup Revolution.” The Israel-Hamas battle intensified the struggle between Starbucks Body of workers United and the firm
Image: Spencer Platt (Getty Footage)

business new tamfitronics Image for article titled Weekend Industry News Roundup February 03, 2024

Photo: Tingshu Wang (Reuters)

Elon Musk already holds the arena recount for shedding primarily the most money, and the Tesla CEO has misplaced one other $30.5 billion within the first month of 2024. On the the same time, his rival in wealth, Amazon founder Jeff Bezoshas won $7.3 billion. – Laura Bratton Be taught Extra

business new tamfitronics McDonald's Delighted Meal with fries, burger, soda, and toy

Photo: David Paul Morris (Getty Footage)

What retains the wheels of the economy turning? Is it gorgeous substitute and user spending? No, correct hundreds of of burger grease. A recent recount from Oxford Economics necessary functions the ways accurate thru which McDonald’s impacts the U.S. economycontributing as noteworthy $108 billion to the country’s deplorable home product per annum. – Angela L. Pagán / The Takeout Be taught Extra

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