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Canada plans $20 billion in subsidies for carbon capture, clean tech - source
Canada plans $20 billion in subsidies for carbon capture, clean tech - source
By Steve Scherer OTTAWA Canada's government will present legislation this month to start paying subsidies for carbon capture
2023-11-20 19:59
DEA's failure to punish distributor blamed in opioid crisis raises revolving door questions
DEA's failure to punish distributor blamed in opioid crisis raises revolving door questions
The U.S. Drug Enforcement Administration has allowed one of the nation’s largest drug distributors to keep shipping addictive painkillers for nearly four years despite a judge’s recommendation to strip its license for turning a blind eye to thousands of suspicious opioid orders
2023-05-25 00:57
Former Elon Musk colleague reveals Twitter boss ‘seems quite lonely’
Former Elon Musk colleague reveals Twitter boss ‘seems quite lonely’
It’s lonely at the top – just ask Elon Musk’s former colleagues. The Twitter owner tells the same jokes and anecdotes “over and over” and “seems quite alone,” according to a former senior executive at the company. Esther Crawford, who went viral last year after being pictured sleeping on the floor of Twitter’s office while trying to meet a tough deadline set by Musk, shared her thoughts in a post on the platform which was recently renamed X. Sign up to our free Indy100 weekly newsletter Crawford joined Twitter when it bought her startup in 2020, well before the billionaire took over the social media platform in a $44bn deal last year. The former head of product development, who was sacked in February as part of a round of 200 layoffs, said: “Elon is oddly charming and he's genuinely funny. He also has personality quirks like telling the same stories and jokes over and over. “The challenge is his personality and demeanour can turn on a dime going from excited to angry. “Since it was hard to read what mood he might be in and what his reaction would be to any given thing, people quickly became afraid of being called into meetings or having to share negative news with him.” She said Twitter employees feared being called into meetings with him or having to deliver bad news. “At times it felt like the inner circle was too zealous and fanatical in their unwavering support of everything he said.” “Product and business decisions were nearly always the result of him following his gut instinct, and he didn't seem compelled to seek out or rely on a lot of data or expertise to inform it. “I saw a person who seemed quite alone because his time and energy was so purely devoted to work.” Meanwhile, Musk appeared to put more faith in random feedback and Twitter polls than in his employees who were working to troubleshoot problems. She said: “His boldness, passion and storytelling is inspiring, but his lack of process and empathy is painful.” However, she didn’t pull any punches about the previous management either, calling it “bloated” and “soft and entitled” where “teams could spend months building a feature and then some last-minute kerfuffle meant it'd get killed for being too risky.” Musk recently killed off the iconic bluebird Twitter logo, replacing it with a white X. He has said he wants to create a super-app inspired by China’s WeChat which would offer messaging and payments as well as social media. That vision may be difficult to make a reality, after the collapse of the platform’s advertising business as marketers soured on Musk’s decision to fire thousands of employees and dial down its content moderation efforts. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-28 17:25
The Next Evolution of the JOST KKS Automatic Coupling System: the KKS-U Connector
The Next Evolution of the JOST KKS Automatic Coupling System: the KKS-U Connector
NEU-ISENBURG, Germany--(BUSINESS WIRE)--May 16, 2023--
2023-05-16 16:29
Thai central bank unexpectedly raises key rate, cuts growth outlook for this year
Thai central bank unexpectedly raises key rate, cuts growth outlook for this year
By Orathai Sriring and Chayut Setboonsarng BANGKOK (Reuters) -Thailand's central bank unexpectedly raised its key interest rate for an eighth
2023-09-27 15:47
The world economy will slow next year because of inflation, high rates and war, OECD says
The world economy will slow next year because of inflation, high rates and war, OECD says
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates
2023-11-29 18:24
Deutsche Bank sees 12% upside to S&P 500 through 2024-end
Deutsche Bank sees 12% upside to S&P 500 through 2024-end
(Reuters) -Deutsche Bank on Monday forecast the S&P 500 to end next year 12% higher as it expects corporate earnings
2023-11-27 19:48
Amundi Says China Wealth Business Is Rebounding From Setbacks
Amundi Says China Wealth Business Is Rebounding From Setbacks
Amundi SA’s onshore Chinese wealth management business is improving “significantly” this year after facing very challenging conditions in
2023-05-09 13:54
US budget deficit mushrooms in May as revenue falls, Medicare outlays jump
US budget deficit mushrooms in May as revenue falls, Medicare outlays jump
The U.S. budget deficit swelled in May from a year earlier as revenue tumbled and Medicare spending surged,
2023-06-13 02:22
From Elon Musk to Jamie Dimon, CEOs flock to China as risks to trade and investment rise
From Elon Musk to Jamie Dimon, CEOs flock to China as risks to trade and investment rise
The CEOs of some of America's biggest companies are in China this week to take the pulse of one of their top markets after the country reopened following nearly three years of pandemic restrictions.
2023-05-31 17:58
Sofinnova Partners Raises $200M Digital Medicine Fund
Sofinnova Partners Raises $200M Digital Medicine Fund
PARIS--(BUSINESS WIRE)--Oct 26, 2023--
2023-10-26 12:17
CoreLogic: US Annual Home Price Growth Speeds Up in September, Reflecting Early 2023 Gains
CoreLogic: US Annual Home Price Growth Speeds Up in September, Reflecting Early 2023 Gains
IRVINE, Calif.--(BUSINESS WIRE)--Nov 7, 2023--
2023-11-07 21:28