DIRS.INFO The most relevant business & tech news

Their clash has already drawn more ad spending than any other Senate race in history, eclipsing the $412 million spent in Georgia’s 2020 race between Jon Ossoff and David Perdue. While Moreno clings to Trump, Brown tends to avoid talking too much about national political figures from either party. “Sherrod Brown, he’s taking ads in like he’s my best friend,” the former president said Sunday during a rally at Madison Square Garden in New York. He also acknowledged the threat of ticket-splitters — and the importance of Trump having coattails long enough to carry Moreno along with him. But then-Rep. Tim Ryan, a Democrat who represented much of the area for years, lost it to Vance in the Senate race by 3 points in 2022.

Persons: Ohio — Sen, Sherrod Brown, Bernie Moreno, Jon Ossoff, David Perdue, Brown, Moreno, Donald Trump, ” Brown, “, it’s, —, ”, ” Sen, Republican Bernie Moreno, Barack Obama, Bob Taft, Trump, “ Sherrod Brown, “ He’s, ” Moreno, MAGA, Donald Trump Jr, Sen, Lindsey Graham, Graham, “ Trump’s, ” Graham, Kamala Harris, “ I’m, Kamala, Joe Biden, ’ ” Brown, Obama, Brown’s, Rachel Petri, JD Vance, Tim Ryan, Vance, they’ve, ” Petri, Paul Adams, Chuck Schumer, Hunter, “ We’ve, ” Trump, Martin Luther King Jr, Shontel Brown, Chris Ronayne, Moreno “, Andre Washington, — Sherrod Brown, David Brock, He’s, ” Moreno —, Sherrod Organizations: Republicans, Trump, NBC News, Teamsters, Republican, Ohio Senate, Ohio Gov, Madison, Trump’s, Democrat, ”, Democratic, Senate, Trump Jr, Cleveland, Ohio Democratic Party, GOP, Fund, Cuyahoga County Democratic Locations: VERMILION, Ohio, Trump, Youngstown, New York, Erie, swingy Lorain County, Lorain, Lorain County, Cleveland, Delaware, Mahoning counties . Delaware, Columbus, Mahoning, Strongsville, Russia, Lake Erie, Cuyahoga County, I’m

☆ Israel says another rocket barrage from Lebanon kills 2 in Israel, hours after 5 were killed
▼ + stars: | 2024-10-31 | by ( The Associated Press | ) www.nbcnews.com time to read: +5 min

TEL AVIV, Israel — Rockets fired from Lebanon killed two more people in northern Israel on Thursday, Israeli medics said, raising the death toll there to seven in what marked the deadliest strikes to hit Israel since its military invaded southern Lebanon earlier this month. First responders carry the shrouded body of a woman who was killed Thursday when a rocket fired from Lebanon hit near Kiryat Ata in northern Israel. First responders transport a woman following a rocket attack near Kiryat Ata in northern Israel. Agricultural areas along Israel’s border, where much of the country’s orchards are located, are closed military areas that can only be entered with official permission. In Israel, rockets, missiles, and drones launched by Hezbollah have killed at least 68 people, about half of them soldiers.

Persons: Hassan Nasrallah, Ahmad Gharabli, Magen David Adom, Sheikh Naim Kassem, “, ”, Hassan Ammar, Jean Fakhry, Zahraa Younis Organizations: Israel — Rockets, Biden, Getty, Refugees and Migrants, National News Agency, Lebanese Health Ministry, Hezbollah Locations: TEL AVIV, Israel, Lebanon, Gaza, Iran, Kiryat Ata, AFP, Haifa, Metula, Israel’s, Baalbek, Lebanon’s, Bekaa, Deir, “

☆ China and U.S. race to solve the mystery of neutrinos, 'ghost particles' of the universe
▼ + stars: | 2024-10-31 | by ( Eric Baculinao | Evan Bush | Eric Baculinao Is A Producer Based In Beijing. A Long-Term Resident Of Beijing Who Is Fluent In Chinese | ) www.nbcnews.com time to read: +8 min

Neutrinos pair with antineutrinos, which scientists think mirror their behavior. The first of three new neutrino observatoriesJUNO is part of China’s ambitious efforts to become a global science powerhouse. The sun, for example, sends electron neutrinos toward Earth, but sometimes they arrive as muon neutrinos. Several scientists behind neutrino observatory projects admitted, though, that it’s impossible to predict the practical, earthly benefits of the research. You need a discontinuity,” said Mary Bishai, a particle physicist at the U.S. Energy Department’s Brookhaven National Laboratory and a co-spokesperson for the DUNE project.

Persons: antineutrinos —, Wang Yifang, antineutrinos, ” Wang, Xi Jinping, Eric Baculinao, “ It’s, ”, Chris Marshall, China —, Wang, “, they’ve, ” Patrick Huber, Ignacio Taboada, — it’s, —, Sergio Bertolucci, We’ve, JUNO, Pedro Ochoa, you’ll, Mary Bishai Organizations: China’s Institute of High Energy, Workers, NBC, University of Rochester, U.S, NBC News U.S, Virginia Tech’s Center, Neutrino Physics, Georgia Tech, JUNO, University of California, U.S . Energy, Brookhaven National Laboratory Locations: Japan, U.S, Illinois, North Dakota, China, Italian, South Dakota, Irvine, Brookhaven

Michigan:Mail ballots: Larger Michigan jurisdictions can begin processing mail ballots on Oct. 28, giving election officials a much-needed early jump on verifying mail ballots. North CarolinaMail ballots: Mail ballots must be received by Election Day and are partially processed throughout October. PennsylvaniaMail ballots: Election officials must receive mail ballots by the close of polls on Election Day. Provisional ballots: County boards must review and decide whether to count provisional ballots within a week of the election. WisconsinMail ballots: Mail ballots must be received on Election Day at the latest.

Persons: couldn’t, Provisionals, they’ll Organizations: NBC, Arizona, Georgia, Nevada, North Carolina, Pennsylvania, Wisconsin Locations: Arizona, Georgia, Michigan, Wisconsin

☆ Remains found near Hoover Dam ID'd as man missing since 1995
▼ + stars: | 2024-10-31 | by ( Antonio Planas | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

William Herman Hietamaki was identified this month using genetic genealogy after construction workers initially found human bones near the Hoover Dam in 2009, according to a statement this week from the Mohave County Sheriff’s Office. Mohave County Sheriff's Office via FacebookThe items were turned over to the Mohave County Medical Examiner’s Office, but no leads developed despite years of investigating. This month, the sheriff’s office learned that the John Doe in the case had ancestors with roots in Michigan dating back to the 1800s. The sheriff’s office said Hietamaki, a known hitchhiker who lived a nomadic lifestyle, had been traveling in the southwest United States. He was last seen when he visited his sister in New Mexico in 1995, according to the sheriff’s office.

Persons: William Herman Hietamaki, Hietamaki, John Doe, “, John, Jane, ” Organizations: Office, state’s Department of Public Safety, University of North, Othram Inc, Othram Locations: Arizona, Mohave County, University of North Texas, Texas, Michigan, United States, New Mexico, Las Vegas, , Michigan, Mohave

☆ The New Jersey Democrat running against Elon Musk
▼ + stars: | 2024-10-31 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +8 min

Democrat Sue Altman is running against Rep. Tom Kean Jr. in a competitive House race in New Jersey. But she's also running against Elon Musk, whose super PAC has spent over $1.5 million in her race. "Billionaires like Elon Musk," Altman said during the debate, are "funding my opponent's campaign." Advertisement"And by the way, Elon Musk is really creepy," she added, referencing a recent post in which Musk offered to give Taylor Swift "a child" after the pop star endorsed Harris. "I wouldn't let my best friend date Elon Musk, let alone let him buy our elections."

Persons: Sue Altman, Tom Kean Jr, she's, Elon Musk, Altman, —, Tom Kean, Elon, Kean, cain, Donald Trump, Tom Kean , Jr, Trump, — Sue Altman, She's, Kean —, he's, Musk, who's, Musk's largesse, Kamala Harris, Mondaire Jones, Mike Lawler, Will Rollins, Ken Calvert, Volodymyr Tarasov, Sen, John Fetterman of, Tony Stark, Koch, Harris, Joe Biden, Taylor Swift Organizations: Elon, Service, Democratic, Elon Musk's, GOP, America PAC, PAC, New, Families Alliance, Trump, Democratic Rep, Republican, Republican Rep, Publishing, Getty, SpaceX, Democrats, NBC News Locations: New Jersey, New Jersey's, Pennsylvania, York's, California's, John Fetterman of Pennsylvania, Scranton

Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy. Auto giant Stellantis on Thursday reported a 27% decline in third-quarter net revenues, but said it was making headway in addressing operational issues such as U.S. inventories. The Netherlands-based company, which owns household names including Jeep, Dodge, Fiat, Chrysler and Peugeot, said that net revenues for the July-September period came in at 33 billion euros ($35.8 billion). Analysts had expected third-quarter net revenues to come in at 36.6 billion euros, according to an LSEG-compiled consensus. Stellantis said it is set to reach its target of slimming down the U.S. stocks by 100,000 units by the end of November.

Persons: Stellantis Organizations: Vehicles, Auto, Dodge, Fiat, Chrysler, Peugeot, Analysts, U.S, Atlantic Locations: Turin, Italy, Netherlands, U.S, Milan, China

☆ UK businesses warn Labour government's tax-raising budget will hurt hiring and boost inflation
▼ + stars: | 2024-10-31 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

Rachel Reeves, UK chancellor of the exchequer, outside 11 Downing Street ahead of presenting her budget to parliament in London, UK, on Wednesday, Oct. 30, 2024. Bloomberg | Bloomberg | Getty ImagesLONDON — British businesses are smarting after Finance Minister Rachel Reeves' bumper tax-rising budget, with analysts warning that the measures could slow hiring and push up inflation. Under the new rules, employer NI will rise by 1.2 percentage points to 15% from April 2025, while the level at which employers start paying NI for workers will drop from £9,100 to £5,000. Rain Newton-Smith, chief executive of the Confederation of British Industry, a business interest group, described it as a "tough budget for business." That is because businesses could pass on the additional costs to consumers by increasing the price of their products.

Persons: Rachel Reeves, Reeves, —, Roger Barker, Barker, Mike Kemp, Andrew Martin, Newton, Smith, Morgan, Andrew Sheets, CNBC's, Morgan Stanley Organizations: Bloomberg, Getty, LONDON, National Insurance, Labour, Conservative, Institute of, Institute of Directors, of British Industry, Corporation, Insurance, CNBC, Bank of, Morgan Locations: London, City of London, United Kingdom

☆ Retiree spending helped thwart a US recession. But boomers are losing a key financial advantage.
▼ + stars: | 2024-10-31 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Retirees have been spending big thanks to recent gains in Social Security income, Bank of America said. But annual payment increases are falling behind workers' wage growth, the note said. Some economists have said baby boomer spending helped ward off a recession in recent years. Bank of America said retired consumers enjoyed greater spending power in the past two years as Social Security income got a boost. AdvertisementThe trouble with weaker spending among baby boomers is that the generation's willingness to splurge has been credited with helping the US avoid a recession in recent years.

Persons: boomer, —, X, Ed Yardeni Organizations: Social, Bank of America, Service, Social Security, Bank of America Institute

☆ Spain hit by deadliest floods in decades. Here’s what we know
▼ + stars: | 2024-10-31 | by ( Sophie Tanno | Laura Paddison | ) edition.cnn.com time to read: +7 min

Oscar Del Pozo/AFP/Getty ImagesAt least 40 people, six of whom were in a retirement home, died in the town of Paiporta in Valencia, Spanish state news agency EFE reported, citing its mayor. Extreme rain warnings were put in place for some areas including around Valencia, according to Spain’s Meteorological Agency, AEMET. “This suggests the system for alerting people to the dangers of floods in Valencia has failed, with fatal consequences. Extreme weather warnings continue for portions of eastern and southern Spain, according to AEMET, with more rain expected. This week’s floods are the most deadly Spain has suffered in decades.

Persons: Oscar Del Pozo, EFE, Margarita Robles, Carlos Mazon, Hannah Cloke, ” Cloke, ”, Pedro Sanchez, Sanchez, don’t, Eva Manez, Ernesto Rodríguez Camino, Vega Organizations: CNN, Vehicles, Getty, Spain’s, Spain’s Meteorological Agency, UK’s University of Reading, Valencia, Spanish, Spanish Securities, Emergencies, Spanish Meteorological Association Locations: Spain, Valencia, Spanish, Letur, AFP, Paiporta, Murcia, Malaga, Andalusia, Spain’s, Europe, Orange, Castellon, Ribadelago, Biescas, Germany, Belgium

☆ FICO and VantageScore are the 'Coke and Pepsi' of credit scoring, says credit expert—what to know about each
▼ + stars: | 2024-10-31 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

When you view your credit score, you're likely to see a different three-digit number depending on whether you checked your score online, on your banking app or via another means. Although you have multiple credit scores, they're mainly calculated by two companies: VantageScore and FICO, which are the two main credit scoring systems used by the majority of lenders to evaluate how well you're managing your credit. "Think of those like Coke and Pepsi," John Ulzheimer, a credit expert who formerly worked for FICO and Experian, tells CNBC Make it. And your credit history needs to be at least six months long in order for FICO to generate your score. Although FICO scores are also used by lenders when you apply for credit, a mortgage or an auto loan, FICO weighs the factors it uses to calculate its credit scores differently.

Persons: John Ulzheimer, VantageScore, FICO, Matt Schulz, LendingTree's, Schulz Organizations: Pepsi, FICO, CNBC Locations: U.S

Pennsylvania Voters Worry About the Toxicity of PoliticsIn a tight presidential race, Pennsylvania, with its 19 electoral votes, will very likely decide the winner. That’s clear in Berks County, which lies about 60 miles northwest of Philadelphia where flourishing Democratic suburbs melt into conservative, rural Pennsylvania. But nearly all of them worried that the growing toxicity of national politics had endangered that sense of community. She said many people she knew remembered Mr. Trump’s name on the stimulus checks that were sent out in 2020. “They’re pushing division.” Scroll to play video Muted Winston Reyes Winston Reyes Adam Nissley Adam Nissley Sara Torres Sara Torres Winston Reyes Winston Reyes Adam Nissley Adam Nissley Ivan Shibley Ivan Shibley Ruth Martelli Ruth Martelli Winston Reyes Winston Reyes Sara Torres Sara Torres Ruth Martelli Ruth Martelli “I was a Democrat before, I voted Democrat.” “I was a Democrat before, I voted Democrat.” “I voted for Obama to start with.

☆ California could soon have nation’s highest minimum wage if voters approve
▼ + stars: | 2024-10-31 | by ( Tami Luhby | ) edition.cnn.com time to read: +5 min

CNN —California voters will decide this election whether to increase the state’s minimum wage to $18 an hour, which would be the highest in the US. Currently, the Golden State’s minimum wage is $16 and is set to rise to $16.50 next year. California has been among the more aggressive states when it comes to hiking the minimum wage. Some 44% of likely California voters said they would vote yes in an October poll conducted by the Public Policy Institute of California, down from 50% in September. Jerry Brown, gradually raised the minimum wage, giving employers the opportunity to adjust, Condie said.

Persons: Joe Sanberg, ” Sanberg, “, Enrique Lopezlira, ” Lopezlira, ” Jennifer Barrera, Jot Condie, ”, Jerry Brown, Condie Organizations: CNN, Public, Institute of California, Institute for Research, Labor, Employment, University of California, MIT, California Chamber of Commerce, Golden State, California Restaurant, Democratic Gov Locations: California, Berkeley, Golden

☆ Friday's jobs report is expected to show the slowest pace of hiring in years
▼ + stars: | 2024-10-31 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Goldman Sachs estimates that Helene could shave as much as 50,000 off the payrolls count, though Hurricane Milton probably happened too late to impact the October count. The Boeing strike, meanwhile, could lower the total by 41,000, added Goldman, which is forecasting total payrolls growth of 95,000. Data has been solidYet indicators leading up to the much-watched jobs report show that hiring has continued apace and layoffs are low, despite the damage done from the storms and the strikes. Still, the White House is estimating that the events cumulatively may hit the payrolls count by as many as 100,000. The "disruptions will make interpreting this month's jobs report harder than usual," Jared Bernstein, chair of the Council of Economic Advisers, said Wednesday.

Persons: Angus Mordant, Dow Jones, Milton, Michael Arone, Arone, Goldman Sachs, Helene, Hurricane Milton, Goldman, Jared Bernstein Organizations: Bloomberg, Getty, of Labor Statistics, Hurricanes, Boeing, State Street Global Advisors, of Economic Advisers Locations: Catskill , New York, U.S, Hurricane

☆ Friday’s jobs report just might disprove right-wing conspiracy theories
▼ + stars: | 2024-10-31 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

But they may ditch their argument Friday morning, when the October jobs report is set to be released — just days before Election Day. Groshen disagreed, saying that initial estimates of the monthly change in hiring are “noisier than they used to be” because of the lower response. However, that gets smoothed out in later revisions as response rates improve with the additional time. That exacerbates the funding shortfall at the BLS, where inflation-adjusted funding has steadily declined over the past decade, she said. That would help improve, for instance, Federal Reserve officials’ ability to make interest rate decisions that hinge on the latest labor market data, Groshen told CNN.

Persons: Donald Trump, Hurricanes Helene, Milton, Republican Sen, Marco Rubio, ”, Harris, ” Rubio, Rubio, Erica Groshen, Trump, Karoline Leavitt, Kamala Harris “, Laura Kelter, Groshen, “ Organizations: New, New York CNN, Bureau of Labor Statistics, BLS, Hurricanes, Republican, Biden, Trump, Cornell University School of Industrial and Labor Relations, Department of Labor, Census Bureau, Management, CNN, Biden Administration, Employment, Federal Locations: New York, Florida, America

☆ America won the war on inflation. You still think the economy stinks
▼ + stars: | 2024-10-31 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

Although sentiment is improving (more on that soon), poll after poll suggests that Americans hold largely negative views about the US economy. And the US economy remains a job-creation machine, adding 368,000 jobs per month on average during the Biden administration, a record high. But they’re still growing at a 3.9% adjusted rate, according to the Department of Labor. A recent study from the Brookings Institution, released last week, found a correlation between economic sentiment and political affiliation with the party in control of the White House. When Trump took office, Republican economic sentiment surged, while Democratic sentiment cratered.

Persons: Kamala Harris, Joe Biden, Biden, Trump, Covid, That’s, Donald Trump, they’re Organizations: CNN, Bureau of Labor Statistics, Gross, Economic, International Monetary Fund, Labor, BEA, US Department of Housing, Urban Development, Bank of America, Brookings Institution, White, Democratic, Republican, Democrat

☆ LeBron James endorses Kamala Harris in presidential race against Trump
▼ + stars: | 2024-10-31 | by ( Kaanita Iyer | ) edition.cnn.com time to read: +2 min

CNN —Basketball superstar LeBron James threw his support behind Vice President Kamala Harris’ presidential bid Thursday evening, emphasizing that “the choice is clear” just days ahead of Election Day. VOTE KAMALA HARRIS!! James has previously backed Democratic candidates, including endorsing Hillary Clinton in 2016, and was an outspoken critic of Trump during his time in office. James was also actively involved in the last presidential election, founding More Than A Vote — a voting rights organization focused on combatting voter suppression — along with other athletes. Ahead of Election Day, the Harris and Trump campaigns are utilizing the star power of celebrities.

Persons: LeBron James, Kamala Harris ’, Donald Trump, KAMALA HARRIS, Harris, ” James ’, Taylor Swift, Bunny, Arnold Schwarzenegger, James, Hillary Clinton, Trump, Stephen Curry, George Floyd, Floridians, Joe Biden’s, Brett Favre, Cardi, Flo Milli Organizations: CNN — Basketball, Los Angeles Lakers, Democratic, Golden State Warriors, White, Black, Trump, NFL Locations: Detroit, Beyoncé, Wisconsin, Milwaukee

☆ Key Fed inflation rate hits 2.1% in September, as expected
▼ + stars: | 2024-10-31 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Inflation increased slightly in September and moved closer to the Federal Reserve's target, according to a Commerce Department report Thursday. The personal consumption expenditures price index showed a seasonally adjusted 0.2% increase for the month, with the 12-month inflation rate at 2.1%, both in line with Dow Jones estimates. Fed officials target inflation at a 2% annual rate, a level it has not achieved since February 2021. The annual rate was 0.1 percentage point higher than forecast but the same as in August. In September, the Fed slashed the rate by a half percentage point, a move virtually unprecedented during an economic expansion.

Persons: Dow Jones Organizations: Commerce Department, Fed, Energy, Labor Department, of Labor Statistics

☆ Early SpaceX workers got stuck overnight on an ocean barge with a toxic spaceship, new book reports
▼ + stars: | 2024-10-31 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

SpaceX workers got stuck on a barge with a spaceship full of toxic fuel in 2010, a new book reports. After the Dragon spaceship's first flight, a SpaceX crew retrieved it from the ocean. A Dragon spaceship approaches the International Space Station with astronauts on board in 2021. That's why SpaceX workers immediately checked for leaks, according to the book. The Dragon spaceship went on to become a staple of NASA's programming, transporting supplies and astronaut crews to and from the International Space Station.

Persons: —, Eric Berger, Elon Musk, Berger, Musk, Kevin Mock, Keegan Barber, Mock, Roger Carlson, Berger's, It's Organizations: SpaceX, Service, NASA, Ars Technica, International, International Space

☆ Boeing strike will dent last jobs report before election
▼ + stars: | 2024-10-31 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing workers gather on a picket line near the entrance to a Boeing facility during an ongoing strike on October 24, 2024 in Seattle, Washington. Boeing 's more than seven-week machinist strike is set to hit Friday's U.S. jobs report — the last one that will be released before Nov. 5 presidential election and the Federal Reserve's meeting next week. Some 44,000 U.S. workers were on strike when the Labor Department conducted its survey in mid-October. About 33,000 of them are Boeing machinists, who walked off the job on Sept. 13 after overwhelmingly voting against a union-endorsed labor contract and in favor of their first strike since 2008. Boeing's machinist strike has complicated the plane maker's already difficult position as its new CEO Kelly Ortberg tries to steer the giant U.S. manufacturer and exporter out of safety, quality and financial crises.

Persons: Christopher Waller, I'm, Kelly Ortberg Organizations: Boeing, Labor Department, Bank of America, Federal Locations: Seattle , Washington, Hurricane Milton, Seattle

☆ Expect the unexpected in Friday’s jobs report
▼ + stars: | 2024-10-31 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

In any other month, the finishing touch would be a clean reading on the labor market from the official jobs report. However, a common thread among economists is that the strikes and hurricanes could take a 100,000-job bite out of the October jobs report. The last time there were back-to-back major hurricanes — Harvey and Irma in 2017 — the forecasts for the following month’s jobs report were for a loss of 33,000 positions. And each contribute to two of the biggest numbers in the monthly jobs report. A key date to keep in mind for the jobs report is October 12, as it anchors the “reference period” for both surveys.

Persons: ’, Claudia Sahm, “ It’s, That’s, aren’t, FactSet, Joe Brusuelas, — Harvey, Irma, Sahm, Oliver Allen, Milton, ”, Harris, Kamala Harris, Donald Trump’s, We’re, Biden, Jared Bernstein, Joe Biden’s, “ Organizations: CNN, Boeing, Reserve, New Century Advisors, Labor, Survey, Bureau of Labor Statistics, of Labor, Challenger, ADP, BLS, RSM, Pantheon Macroeconomics, Republicans, The New York Times, Siena College, Associated Press Locations: Washington and Oregon

☆ Endeavor is using AI to modernize manufacturing. Check out the 9-slide deck it used to raise a $7 million seed round.
▼ + stars: | 2024-10-31 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Endeavor has secured $7 million to modernize manufacturing with AI technology. San Francisco-based Endeavor, launched by 22-year-old Sahitya Senapathy, is developing an AI platform to help modernize manufacturing firms. Endeavor aims to automate many of the manual tasks in the industry, which otherwise consume a lot of time. AdvertisementThe startup uses large language models to automate administrative manufacturing processes, such as purchase orders, invoices, and shipping notices. Check out the 9-slide pitch deck it used to secure the fresh funds.

Persons: —, Senapathy, they're Organizations: Endeavor, BI, Service, San, Business, Craft Ventures, Endeavor's, Heartland Ventures, Web Locations: San Francisco

☆ Boeing union endorses sweetened contract deal after nearly 7 weeks on strike
▼ + stars: | 2024-10-31 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Boeing union workers have been on strike for nearly 7 weeks due to a dispute on wage increases. The planemaker proposed a new deal that includes a 38% pay increase over 4 years, the union said. Union leaders said it is recommending workers to approve the deal on Monday. AdvertisementBoeing union leaders are endorsing a sweetened contract offered by the airplane maker, signaling an end to a nearly seven-week strike that put a halt to the company's manufacturing operations. The union said it is endorsing the contract and recommends that its members approve the deal during Monday's vote.

Persons: —, Jay Timmons Organizations: Union, Service, Boeing, International Association of Machinists & Aerospace Workers, Workers, IAM, National Association of Manufacturers, Bank of America, Puget Locations: Pacific, America, United States

☆ What a Trump or Harris presidency would mean for your tax bill
▼ + stars: | 2024-10-31 | by ( Juliana Kaplan | Bryan Metzger | ) www.businessinsider.com time to read: +8 min

Trump's plans could mean tax hikes for lower earners; Harris' proposals would target higher earners. This is the fourth in a five-part series about the impacts either a Trump or a Harris presidency could have on US consumers. Trump has proposed extending his slew of tax cuts from the Tax Cuts and Jobs Act of 2017 — also known as the "Trump tax cut." But another part of Trump's tax policy — his plan to levy universal tariffs on all US imports — could end up undercutting this positive impact. AdvertisementTrump has floated lifting the $10,000 cap on the State and Local Tax deduction, known as SALT, from his 2017 tax bill.

Persons: Trump's, Harris, —, you'll, Trump, He's, Garrett Watson, Harris hasn't, she's, Benjamin Page, Biden, Walz, Ernie Tedeschi, Watson, Tedeschi Organizations: Service, Business, Trump, Social Security, Taxation, Economic, Tax Foundation, State and, Urban, Brookings Tax, Yale Budget Lab, White House Council, Economic Advisers, Finance Locations: California , New Jersey, New York, Congress

☆ A Gen Xer was tired of balancing 2 jobs and earning under $50,000 a year so he went back to school. The decision 'changed his life,' he said.
▼ + stars: | 2024-10-31 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Lloyd Morgan was struggling to make ends meet working multiple jobs and earning under $50,000. Now he's working in local politics and earning $78,500 annually. Morgan decided he had to try something different. In recent years, some people have decided college isn't worth it due to the cost of higher education and job opportunities for workers without degrees. To be sure, a college degree doesn't guarantee a higher-paying job.

Persons: Lloyd Morgan, —, Morgan, Pennsylvania State Sen, Jimmy Dillon, wasn't, he's, Dillon —, Sen, Dillon, Dillon doesn't, it's Organizations: Service, Penn State Abington, Penn State University, Pennsylvania State, Business, College, Dean College in, Dean College, University of Pennsylvania, WIC, Public Locations: Philadelphia, Penn, Dean College in Massachusetts, Manhattan, Pennsylvania

Search resuls for: "" Auto Workers"

25 mentions found