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Lessons From a 20-Person Polycule
  + stars: | 2024-04-15 | by ( Interviews Daniel Bergner | ) www.nytimes.com   time to read: +17 min
Relationships With More Than One PersonKatie I started by dating somebody on an ENM app who was in a different polycule who was connected to someone in this polycule. He’s married, and his wife and I are metamours, which is simply a word for my partner’s partner. Resources always help, books like “The Ethical Slut” and “Polysecure.” But undoing the monogamous script, the socialization, is really, really difficult. One of their husbands is one of my best friends and occasional sexual partner, and I do have sex with my wives, but we’re not romantically involved. It’s, I’m doing these things, I’m going to be gone for these two weeks, what do you need from me?
Persons: it’s, Katie, Ann It’s, Ashley, Nico, we’re, Katie It’s, Alex, Chris, Bine, He’s, I’d, Nico I, nonmonogamy, aren’t, Ann I’m, I’ve, forevermore, bro, We’d, Robert, Ann’s, I’m, Ann, Let’s, , Katie There’s, Fred, Robert We, , I’ll, She’ll, Ann I, They’re, They’ve, Katie Last, We’re, It’s, they’re, Daniel Bergner, ” Anne Vetter Organizations: Resources, Partners Locations: Boston, Cambridge, Ann, Somerville, Los Angeles
As a dietary supplement, melatonin is not approved by the US Food and Drug Administration for safety, effectiveness or labeling before it is sold to the public. The council’s action follows recent reports of a massive rise in accidental ingestions of melatonin by children and an April 2023 study that found 25 products labeled as melatonin gummies contained dangerous levels of the hormone. Melatonin gummies were involved in nearly 5,000 of those cases. While the vast majority of unsupervised melatonin ingestions did not result in hospitalization, the number of accidental ingestions by children 5 and under may be underestimated, the report said. New and improved labelsThe council guidelines call for new labels that warn consumers about the danger of drowsiness after taking a melatonin supplement.
Persons: , , Pieter Cohen, ” Cohen, it’s “, Cohen, Catherine McQueen, ” Dr, Cora Collette Breuner, “ It’s, Breuner, Amanda Musa Organizations: CNN, Council for Responsible Nutrition, US Food and Drug Administration, Cambridge Health Alliance, US Centers for Disease Control, Prevention, CDC, Food and Drug Administration, Getty, Seattle Children’s Hospital, University of Washington Locations: Somerville , Massachusetts, Seattle
See Maps of Where Eclipse Seekers Flocked and the Traffic That Followed Movement data shows the destinations with the greatest influx of people. PATH OF TOTALITY VT. MAINE St. Johnsbury Adirondack Park N.H. N.Y. PA. OHIO ILL. IND. Greater increase in activity TEXAS Texas Hill Country PATH OF TOTALITY VT. MAINE St. Johnsbury Adirondack Park N.H. N.Y. PA. OHIO ILL. IND. PATH OF TOTALITY MAINE VERMONT Bangor Burlington NEW YORK Portland NEW HAMPSHIRE Syracuse Manchester Albany MASS. NEW YORK PATH OF TOTALITY MAINE VERMONT Bangor Burlington NEW YORK Portland NEW HAMPSHIRE Syracuse Manchester Albany MASS.
Persons: Maine —, Liam Sullivan, Mr, Sullivan, Cassandra Klos, Nick Perry, Louis W.V, , Richard Chen, Chen Organizations: Eclipse, MAINE St, TEXAS Texas Hill, OKLA . TEXAS Texas, MAINE VERMONT Bangor Burlington NEW YORK Portland NEW HAMPSHIRE Syracuse Manchester Albany, Portland VERMONT NEW, , The New York Times, Associated Press, Northeast, IOWA Toledo OHIO, Columbus Indianapolis, Toledo OHIO Locations: MAINE, N.Y . PA, OHIO, Ste, Genevieve KY, TEXAS, TEXAS Texas Hill Country MAINE, Johnsbury, Adirondack, PA . OHIO, KY, Genevieve MO, OKLA . TEXAS, Lancaster, N.H, Geneviève, Mo . State, New York, Ozarks, Arkansas, Missouri, MAINE VERMONT, Portland, Portland VERMONT NEW HAMPSHIRE Burlington, TomTom, Maine, New Hampshire, Burlington , Vt, Somerville , Mass, Somerville, Lake, Indianapolis, St, Louis, Columbus , Ohio, Toledo, Louis W.V . MO, Newport , Vt, Brooklyn, N.Y, U.S
Cities like San Antonio, Austin, Denver, Boston, and Minneapolis have turned to basic-income pilot programs to explore ways to reduce those poverty levels. Republicans in Texas, Arizona, Iowa, and South Dakota are making efforts to ban GBI programs at the municipal and state level. AdvertisementStates and cities sometimes fund basic-income programsMany basic-income programs receive funding directly from state and local governments. Nonprofits and philanthropy play a key role in basic-income fundingOther basic-income programs are organized through a nonprofit, or receive funding from foundations and private donors. Along with funding cash payments, the Economic Security Project said that philanthropic donations can help a GBI programs pay for income policy research.
Persons: , Monique Gonzalez, John Gillette, Flint, Joe Biden, Jack Dorsey, UpTogether Organizations: Service, Economic Security, Business, SNAP, Republicans, BI, American, ARPA, Chicago's Department of Family, Support Services, Mayors, Georgia Resilience, GRO Fund, Colorado Trust Locations: Cities, San Antonio, Austin, Denver, Boston, Minneapolis, Texas , Arizona , Iowa, South Dakota, Arizona, California, Los Angeles, San Francisco, Sacramento, Michigan, Massachusetts, Texas, Chicago, Somerville , Massachusetts, GBI, Harris, Houston, Georgia, Atlanta, Colorado
Read previewA Massachusetts city is giving low-income families $750 a month, no strings attached. The guaranteed basic income program will focus on residents who are in danger of losing their homes. The Somerville GBI Pilot will serve about 200 low-income families currently experiencing housing insecurity. Related stories"My life was always just a couple hundred dollars short," a participant in San Antonio's income program told BI. St. Louis, Missouri recently distributed $500 monthly payments to low-income families, and Flint, Michigan is offering funds to new mothers.
Persons: , Boston —, Somerville, Katjana Ballantyne, Ballantyne, Joe Biden's, hasn't, John Gillette Organizations: Service, Somerville, Business, Greater Boston Area, Boston, ARPA, The University of Massachusetts, Republican Locations: Massachusetts, , Boston, San Antonio, Austin, Minneapolis, Durham , North Carolina, Denver, Antonio's, City, Somerville, Greater Boston, Arizona , South Dakota , Iowa, Texas, Arizona, Louis , Missouri, Flint , Michigan, Atlanta
In 1970, more than two-thirds of American adults between 25 and 49 lived with a spouse and at least one kid. For a society structured around the ideal of the nuclear family, its demise has left everyone wondering: What happens now? Without one partner focused on full-time housekeeping, the amount of work required to run a nuclear family isn't really feasible. It doesn't take much of a mental leap to see why capitalism and the nuclear family make for such cozy bedfellows. Coontz, a leading historian of the American family, notes that every family structure comes with its own set of distinct weaknesses, strengths, and possibilities.
Persons: Elon Musk, Vivek Ramaswamy, O'Brien, David Brooks, Moira Weigel, Brooks, Charles E, " O'Brien, Stephanie Coontz, Kristen Ghodsee, Ghodsee, coparenting, Mark Boster, Coontz, Organizations: Pew Research, Elon, Labor, Getty, University of Pennsylvania, Brookings Institution, Pew, Los Angeles Times, Guardian Locations: The, California, Somerville , Massachusetts
The suburbs are home to the vast majority of Americans, including millennials priced out of cities. AdvertisementThese days, the American suburbs are seeing something of a revival after a few decades of the back-to-the-city movement, in which mostly young people flocked to urban centers. The rise of remote work coupled with the soaring costs of urban housing has pulled, or pushed, lots of millennials and others to the suburbs and even far-flung exurbs. Exclusive, isolating, and inconvenient suburbsThe American suburbs have always been flawed in a host of ways. Kotkin says the American suburbs have “won the battle” with cities, reigning as the more economically and demographically dominant place.
Persons: , , Andrew Justus, ” Justus, “ We’ve, Adie Tomer, Tomer, Joe Sohm, Joel Kotkin, Kotkin, , ” Tomer, Tayana Panova, ” Panova Organizations: Service, Niskanen, Brookings Institution, MIT, Chapman University, National Review, metros Locations: American, it’s, Paoli , Indiana, America’s, Somerville , Massachusetts, Shaker Heights , Ohio, Orange , California, Bronxville, Westchester County, Woodlands, Texas, Houston, , walkable, Suburban
Ilia Malinin established such a big lead after his peerless short program at the U.S. After starting his program with a textbook quad axel — a jump only Malinin has landed in competition — he doubled a planned quad loop, fell on a quad lutz and doubled another planned quad. He followed with a perfect quad lutz before a mistake on his planned quad loop, which he turned into a double that appeared to slow down his momentum. Malinin recovered to land a quad salchow before falling on his quad lutz. The 29-year-old Brown, performing his “The Impossible Dream” program from last year, opened with two brilliant triple axels — one in sequence with a double — after missing the same jump during his short program.
Persons: Ilia Malinin, axel —, lutz, , ” Malinin, Jason Brown, Malinin, axel, Roman Skorniakov, , Brown, Tracy Wilson, ” Brown, Giacomo Puccini, Pulkinen, ” Pulkinen, Emily Chan, Spencer Howe, Ellie Kam, Danny O'Shea, Valentina, Maximiliano Fernandez, Chan, Howe, Madison Chock, Evan Bates, Christina Carreira, Anthony Ponomarenko, Emily Bratti, Ian Somerville, Amber Glenn, Isabeau Levito, ___ Organizations: peerless, U.S, Camden, HBO, Nationwide, Skate America, Prix de France, Skating, Madison Locations: Columbus , Ohio, Montreal, U.S
Since my Ukrainian-born mother dreamed of returning to Europe, she begged me to consider transferring to a university in England or France. So I reapplied for the degree I hoped to study and headed off to Somerville College, Oxford, where I would "read" — major in — Modern Languages, French, and Russian. Most of all, it opened my eyes to many differences between US and UK college life. AdvertisementMy college years in England involved a lot of dressing up for fancy-dress-themed "bops," or dances with cheesy music, and black-tie balls. I also learned that my college life in the UK was all-around better than the one I experienced in Vermont.
Persons: Jen, couldn't, they'd, Proust, Tolstoy Organizations: New Yorker, Middlebury College, Somerville College , Oxford, Oxford, University Locations: New, Vermont, Europe, England, France, Paris, St, Petersburg, Russia,
Economists polled by Reuters had forecast 9.30 million job openings in October. Job openings decreased by 168,000 in the finance and insurance industry, while real estate, rental and leasing had 49,000 fewer positions. The job openings rate dropped to 5.3% from 5.6% in September. "The current state of the labor market suggests no further recalibration is necessary to bring the labor market back into balance," said Nick Bunker, director of economics research at Indeed Hiring Lab. They also described the labor market as remaining "very competitive," and "trying to get to full staff levels."
Persons: Brian Snyder, Rubeela Farooqi, Nick Bunker, Conrad DeQuadros, November's, Bill Adams, Lucia Mutikani, Chizu Organizations: Taylor Party, Equipment Rentals, REUTERS, Labor, Survey, Labor Department's Bureau of Labor Statistics, Reuters, Treasury, Brean, Institute for Supply Management, PMI, United Auto Workers, UAW, Comerica Bank, Thomson Locations: Somerville , Massachusetts, U.S, WASHINGTON, White Plains , New York, South, Midwest, New York, East, Dallas
TuSimple has had to grapple with safety concerns as well as government scrutiny of its dealings with a Chinese trucking startup. Photo: Cassidy Araiza for The Wall Street JournalSelf-driving trucking company TuSimple Holdings said Monday that it is winding down its U.S. business, reducing its workforce to about 30 people as it looks for a buyer for its assets that remain in the country. The demise of TuSimple’s U.S. operations marks a precipitous fall for the one-time leader in autonomous long-haul trucking. The San Diego-based company in the past year has had to grapple with safety concerns as well as government scrutiny of its dealings with a Chinese trucking startup.
Persons: TuSimple, Cassidy Araiza Organizations: Wall Street, TuSimple Holdings, TuSimple’s Locations: TuSimple’s U.S, San Diego
In this article PFEMRNANVAX Follow your favorite stocks CREATE FREE ACCOUNTA sign advertises Covid vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, on Aug. 14, 2023. Brian Snyder | ReutersThree years into the Covid-19 pandemic, few Americans are rolling up their sleeves to get a Covid vaccine. Experts and vaccine makers can agree that low Covid vaccination rates are concerning, even as cases of the virus dwindle from their pandemic highs. However, Iovine of the University of Florida doesn't believe combination shots will have a significant effect on Covid vaccination rates. If combination shots don't do the trick, it's unclear what else could boost Covid vaccination rates down the line.
Persons: Brian Snyder, Ali Mokdad, Mokdad, Irfan Khan, Jennifer Kates, Brad Pollock, Nicole Iovine, epidemiologist, Iovine, Michael Yee, Albert Bourla, Arpa Garay, Garay, John Trizzino, Trizzino, Jamey Mock, Andrew Pekosz, Jefferies, Yee, doesn't Organizations: Walgreens, Reuters, Pfizer, Moderna, Centers for Disease Control, CDC, University of Washington, CVS Pharmacy, Los Angeles Times, KFF, UC Davis Health's, University of Florida, Jefferies, Arpa, CNBC, Istock, Getty, Johns Hopkins Bloomberg School of Public Health Locations: Somerville , Massachusetts, U.S, Novavax, Covid, Eagle Rock , California
The $9.3 billion in additional costs through 2028 is for deals with the UAW as well as Canadian union Unifor, and translates to about $575 per vehicle over the life of the deals. GM's new guidance reduced expected net income attributable to stockholders for 2023 to a range of $9.1 billion to $9.7 billion, compared to the previous outlook of $9.3 billion to $10.7 billion. That includes an estimated $1.1 billion EBIT-adjusted impact from the UAW strike, which lasted just over six weeks, primarily from lost production. GM had approximately 1.37 billion shares of common stock outstanding prior to the buyback program, the company said. GM will still have another $1.4 billion of capacity remaining under its share repurchase authorization for additional stock buybacks.
Persons: Heather Somerville, Mary Barra, Barra, Cruise, Goldman Sachs, David Shepardson, Ben Klayman, Sharon Singleton, Mark Potter Organizations: General Motors, REUTERS, Detroit, United Auto Workers, UAW, GM, Cruise, Bank of America, Barclays, Citibank, Thomson Locations: San Francisco , California, U.S, California, Detroit
In an email to staff reviewed by Reuters, Cruise CEO Kyle Vogt also said the firm would make a new tender offer to allow employees to sell shares, just two days after cancelling an earlier offer. "As CEO, I take responsibility for the situation Cruise is in today. Vogt also noted that the company's approach to working with regulators, press and the public "must improve." Cancelling the program helped to cut costs for GM after it had to pause Cruise operations. Cruise has said it showed officials of the California DMV the complete video of the accident multiple times and provided a copy to officials.
Persons: Heather Somerville, Cruise, Kyle Vogt, Vogt, We've, Greg Bensinger, Hyunjoo Jin, David Shepardson, Cynthia Osterman, Tom Hogue Organizations: General Motors Corp, REUTERS, General Motors, Reuters, Cruise, Cruisers, GM, California Department of Motor Vehicles, California DMV, Thomson Locations: San Francisco, California, U.S, United States, Washington
Regulators in Britain on Thursday approved the first treatment derived from CRISPR, the revolutionary gene-editing method. Called Casgevy, the treatment is intended to cure sickle-cell disease and a related condition, beta thalassemia. The companies anticipate that the Food and Drug Administration will approve Casgevy for sickle-cell patients in the United States in early December. The agency will decide on approval for beta thalassemia next year. That treatment does not rely on gene editing, insteading using a method that inserts new DNA into the genome.
Organizations: Vertex Pharmaceuticals, CRISPR Therapeutics, and Drug, Bluebird Bio Locations: Britain, Boston, Switzerland, United States, Somerville, Mass
A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company?s headquarters in San Francisco, California, U.S., September 26, 2018. In an email to staff seen by Reuters, Cruise CEO Kyle Vogt said the company will re-evaluate the employee equity program in light of the suspension, which "pushed out our commercialization and revenue generation timelines." The regulator said Cruise had not initially disclosed all video footage of an Oct. 2 accident where Cruise's car dragged a pedestrian in San Francisco. The unlisted Cruise unit last year introduced the equity program under which current and former employees can sell their vested equity to GM and other investors every quarter. Asked about the Thursday's email from Vogt, a Cruise spokesperson said, "GM and Cruise are working together on what competitive compensation packages at Cruise will look like going forward."
Persons: Heather Somerville, Kyle Vogt, Cruise, Sam Abuelsamid, Vogt, Hyunjoo Jin, Greg Bensinger, David Shepardson, Jonathan Oatis, Matthew Lewis, Daniel Wallis Organizations: General Motors Corp, REUTERS, General Motors, GM, Reuters, Cruise, California Department of Motor Vehicles, United Auto Workers, UAW, Thomson Locations: San Francisco , California, U.S, California, San Francisco, California , Arizona, Washington
"This orderly pause is a further step to rebuild public trust while we undergo a full safety review," Cruise said in a blog post. In addition, Cruise will hire an outside safety expert to review the company's safety operations and culture, according to the blog post. Cruise previously said it had retained law firm Quinn Emanuel to examine Cruise's response to the accident. The teams under Glidden include communications and finance, according to the blog post. The U.S. National Highway Traffic Safety Administration (NHTSA) said last month it was investigating the safety of Cruise vehicles.
Persons: Heather Somerville, Cruise, Quinn Emanuel, Craig Glidden, Mary Barra, David Shepardson, Ben Klayman, Chris Reese Organizations: General Motors Corp, REUTERS, WASHINGTON, General Motors, Cruise, Detroit automaker, Glidden, GM, U.S . National, Traffic Safety Administration, California Department of Motor Vehicles, Thomson Locations: San Francisco , California, U.S, DETROIT, San Francisco
But right now, the unit's operations are shut down as regulators investigate the safety of Cruise's self-driving vehicles. Cruise had $1.7 billion in cash as of Sept. 30, enough to last nine months at the current cash burn rate. As Cruise's troubles intensified, investors on Thursday sent GM shares down more than 3% to $26.65, its lowest closing price since August 2020. In addition to the problems at Cruise, GM last month agreed to a costly new contract with the United Auto Workers, and scaled back plans to expand electric-vehicle production. California regulators suspended Cruise's license to operate, and have accused Cruise officials of misrepresenting information about the incident.
Persons: Heather Somerville, Mary Barra, Cruise, Cruise's, Lawrence Paustian, Barra, Quinn Emanuel, Shinji Aoyama, It's, Kyle Martin, Martin, Jason Petitte, Paul Jacobson, Biden, Ben Klayman, Joseph White, David Shepardson, Matthew Lewis Organizations: General Motors Corp, REUTERS, Rights DETROIT, General Motors, GM, Honda, Cruise, United Auto Workers, Pzena Investment Management, Reuters, Westwood Group, California Department of Motor Vehicles, U.S . National, Traffic, Administration, Thomson Locations: San Francisco , California, U.S, Cruise, Japan, Chicago, Waymo, San Francisco, California, Detroit, Washington
Hours after Hamas launched its deadly attack on Oct. 7, the requests from Israel came flooding into U.S. suppliers: drones, as many as possible, as soon as possible. The deluge came from people in the Israeli government and military as well as citizen groups, all looking for the small, off-the-shelf drones that have become increasingly commonplace in the civilian world, say U.S. drone executives and Israelis assisting the military.
Organizations: Hamas Locations: Israel, U.S
Some economists contend the rise in continuing claims reflects difficulties adjusting the data for seasonal fluctuations. That would be consistent with the latest hiring data showing the job market is cooling. A separate report showed that there were 1.5 job openings for every unemployed person in September, down from around 2-to-1 when the job market was the most tight last year. The claims data adds to the case for the U.S. Federal Reserve to keep interest rates on hold for now, economists said. Vanden Houten, however, said she expects job market conditions to soften slowly, and now expects the first Fed rate cut to happen in September rather than May as she had previously forecast.
Persons: Brian Snyder, Nancy Vanden Houten, Dan Burns, Paul Simao, Franklin Paul Organizations: Taylor Party, Equipment Rentals, REUTERS, Labor Department, Reuters, U.S . Federal Reserve, Oxford Economics, Fed, CME Group's, Franklin Paul Our, Thomson Locations: Somerville , Massachusetts, U.S, Vanden Houten
GM to halt production of Cruise driverless van
  + stars: | 2023-11-07 | by ( ) www.reuters.com   time to read: +1 min
[1/2] FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco, California, U.S., September 26, 2018. REUTERS/Heather Somerville/File Photo/File Photo Acquire Licensing RightsNov 6 (Reuters) - General Motors (GM.N) is finishing production on a small number of its pre-commercial fully autonomous van the Cruise Origin, after which the automaker plans to temporarily pause its production, a company spokesperson told Reuters on Monday. The Cruise Origin vehicle was jointly developed by GM, Cruise and Honda. The move comes after Cruise, the driverless car unit of General Motors, suspended all operations nationwide after California regulators ordered the robotaxi operator to remove its driverless cars from state roads. California regulators suspended the company's license to operate driverless vehicles last month, saying self-driving vehicles were a risk to the public.
Persons: Heather Somerville, Forbes, Kyle Vogt's, Vogt, Cruise, Akanksha Khushi, Mrinmay Dey, Nivedita Bhattacharjee, Dhanya Ann Thoppil Organizations: General Motors Corp, REUTERS, General Motors, GM, Cruise, Honda, Thomson Locations: San Francisco , California, U.S, Japan, Tokyo, California, Bengaluru
NEW YORK (AP) — There are rituals to an Alexander Payne movie. “The Holdovers” is Payne's attempt to make not just a ‘70-set film but an actual ’70s film, styled after some of the movies he grew up with. “I like talking about other people’s movies more than my own,” Payne shrugged. But there was always that distant dream of not being a filmmaker but just going to film school. Most of us trained in film school like those ’70s guys.
Persons: Alexander Payne, Kevin Tent, Payne, ” Payne, , , Paul Giamatti, David Hemingson, Paul Hunham, Giamatti, Angus Tully, Dominic Sessa, Mary Lamb, Da’Vine Joy Randolph, Leo McCarey's, Payne —, , ” Payne shrugged, PAYNE, , Dominic, ” “ Harold, Maude, Hal Ashby, Harold, Maude ”, “ Harold, we’d, they’re, Franco, You’ve, Antonioni, Kurosawa, Citizen Ruth ”, Mike Nichols, Francis Coppola, Lifechanging, Bob Rafelson, Milos Foreman, Jim Taylor, Ivan Passer’s, Milos, Ivan, Jim, Fireman’s, Wes Anderson, Paul Thomas Anderson, ” “, David O, Russell, Spike Lee, Jim Jarmusch —, Steven Soderbergh, “ Soderbergh, Jake Coyle Organizations: eBay, New, Somerville Theatre, Stanford, Columbia School of Journalism, Castro Theatre, Times, Franco, Citizen, , , MOMA Locations: Omaha , Nebraska, New England, Manhattan, Boston, , San Francisco, Spain
Nonfarm payrolls increased by 150,000 jobs last month, the Labor Department's Bureau of Labor Statistics (BLS) said in its closely watched employment report on Friday. The economy needs to create roughly 100,000 jobs per month to keep up with growth in the working-age population. The report could strengthen financial market expectations that the Federal Reserve is done raising interest rates for the current cycle. The labor market is the major force behind the economy's staying power, with gross domestic product recording an annualized growth pace of nearly 5% in the third quarter. But others disagreed, saying that the record-setting contracts would only become an issue for wage inflation if the Fed raised rates too high and choked off demand.
Persons: Brian Snyder, Detroit's, Lucia Mutikani, Nick Zieminski Organizations: Taylor Party, Equipment Rentals, REUTERS, Rights, United Auto Workers, UAW, Labor Department's Bureau of Labor Statistics, Reuters, BLS, Federal, UPS, Thomson Locations: Somerville , Massachusetts, U.S
The anticipated moderation in employment growth last month would also be pay back after September's enormous gains, the largest in eight months. The Labor Department's closely watched employment report on Friday is expected to show labor market conditions steadily easing, with annual wage growth the smallest in nearly 2-1/2 years and significant growth in the supply of workers. Manufacturing payrolls are forecast falling 10,000 after advancing 17,000 in September. Last week, the BLS reported at least 30,000 UAW members were on strike during the period it surveyed businesses for October's employment report. Wages gains would still be above the 3.5% that economists say is consistent with the Fed's 2% target.
Persons: Brian Snyder, Detroit's, Sam Bullard, payrolls, Veronica Clark, we've, Sung Won Sohn, we're, Brian Bethune, that's, Lucia Mutikani, David Gregorio Our Organizations: Taylor Party, Equipment Rentals, REUTERS, UAW, United Auto Workers, Labor, Federal Reserve, Labor Department's Bureau of Labor Statistics, Manufacturing, BLS, Citigroup, UPS, Finance, Loyola Marymount University, Boston College, Thomson Locations: Somerville , Massachusetts, U.S, WASHINGTON, Wells, Charlotte , North Carolina, New York, Los Angeles
Hesai Group , a Shanghai-based maker of laser sensors used for next-generation vehicles, celebrated a Nasdaq stock offering in February that was heralded by some as a comeback for Chinese listings in the U.S.Less than nine months later, Hesai has become an example of how the U.S.-China battle over technology is roiling the business world. Its stock is down more than 50%, and the company is on the back foot, hiring lobbyists and defending its reputation.
Persons: Hesai Organizations: Hesai, Nasdaq, U.S . Locations: Shanghai, U.S, China
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