Month: February 2024

The United States' economic recovery from the pandemic has been stronger and longer-lasting than many experts expected, and a rebound in immigration is one of the main reasons.The resumption of visa processing in 2021 and 2022 boosted employment, allowing foreign-born workers fill some holes in the workforce that persisted across industries and locations after pandemic shutdowns. Immigrants also address a longer-term need: replenishing the workforce, a key to meeting job demands as birth rates decline and older people retire.Net migration In the year ending July 1, 2023, it reached the highest level since 2017. Foreign-born now they represent 18.6 percent…

The Justice Department is reviewing whether an early January incident in which a part of a Boeing plane exploded mid-flight violated a 2021 agreement to resolve a criminal charge against the company, according to a person familiar with the review.Boeing agreed to pay more than $2.5 billion to settle the charge, which arose from two fatal crashes of its 737 Max 8 planes. The deal, reached in the final weeks of the Trump administration, was criticized at the time for being too lenient on the company.Under the terms, Boeing agreed to compensate the families of the crash victims, as well…

The Walt Disney Company on Wednesday announced a joint venture with India's largest conglomerate, Reliance Industries, in an $8.5 billion deal that will create a media powerhouse in the world's most populous nation and end the decades-long effort of Disney alone to gain a foothold in the market. .Reliance Industries, owned by Mukesh Ambani, India's richest person, will be Disney's lead partner in the deal. With $239 billion in market capitalization and rights to popular Indian Premier League cricket matches, Reliance is a giant in the Indian media landscape.Disney and Reliance already had a combined market share of about 40…

Hasta el momento, Apple TV+ no ha revelado muchos detalles sobre Constelación temporada 2. Sin embargo, podemos especular sobre algunas posibilidades basadas en la primera temporada: La historia: Es probable que la segunda temporada continúe la historia de los personajes principales, Joanna y Errol, y su viaje a través del multiverso. Nuevos personajes: Es posible que se introduzcan nuevos personajes para agregar complejidad a la trama y explorar nuevos universos. Mundos: La serie ya ha mostrado una gran variedad de mundos en la primera temporada, y es probable que la segunda temporada nos lleve a aún más lugares increíbles. Misterio:…

More than 600,000 Toyota pickup trucks and SUVs in the United States were voluntarily recalled over the past week due to various problems that could increase the risk of accidents, the vehicle maker said.The first announcement, on February 21, indicated that about 280,000 vehicles, including Toyota Tundra, Tundra Hybrid and Lexus LX600 vehicles from model years 2022-2024 and Sequoia Hybrid vehicles issued between 2023 and 2024, were recalled. because “certain parts of the transmission may not disengage immediately when the vehicle is shifted into neutral.” Toyota said in a statement..The defect “may allow some of the engine power to continue…

Jacob Rothschild, a wealthy financier, patron of the arts and philanthropist with close ties to Israel, who broke with his family's legendary banking dynasty at a time of radical change in the world of high finance, has died. He was 87 years old.His death was Announced on Monday by the Rothschild Foundation, a British charity of which he was president. He did not specify when or where he died nor did he give the cause of death.Mr. Rothschild (more formally the 4th Baron Rothschild) was descended from Mayer Amschel Rothschild, a coin dealer in the Jewish ghetto of Frankfurt, who…

New Mexico's attorney general, who last year sued Meta alleging that it failed to protect children from sexual predators and had made false claims about the safety of its platforms, announced Monday that his office would examine how paid subscription services of the company attract predators.Attorney General Raúl Torrez said he had formally requested documentation from the social media company about subscriptions on Facebook and Instagram, which are frequently available on children's accounts managed by parents.Instagram does not allow users under the age of 13, but accounts that focus exclusively on children are allowed as long as they are managed…

The Federal Reserve may have a housing problem. At the very least, you have a real estate conundrum.Headline inflation has decreased substantially over the past year. But housing has proven to be a tenacious and surprising exception. Housing costs rose 6 percent in January from a year ago and rose more rapidly on a monthly basis than in December, according to the Labor Department. That acceleration was a major reason for the rebound in overall consumer prices last month.The persistence of housing inflation poses a problem for Federal Reserve officials as they consider when to cut interest rates. Housing is…

AT&T will offer a $5 credit to customers affected by a widespread outage Thursday caused by technical problems the company encountered while trying to expand its network, its CEO said Sunday.The outage, which began around 3:30 a.m. Eastern Time, temporarily cut connections for users across the United States.Some of the cities affected were Atlanta, Los Angeles and New York. according to Downdetector.comwhich tracks user reports of telecommunications and Internet outages.At its peak, the site had received about 70,000 outage reports from AT&T. Service was fully restored after about seven hours."No matter the timing, one thing is clear: We disappointed many…

Zong Qinghou, a self-made beverage entrepreneur who was once China's richest person, died on Sunday.His death was announced by his company, Wahaha Group, which said Mr. Zong had died from an unspecified illness and was 79 years old. The company statement did not provide further details.Zong's rags-to-riches story had made him prominent in China even before a public dispute with his foreign business partner considerably raised his profile...and his wealth. He founded a beverage company in the 1980s and, in the 1990s, he partnered with Danone, the French food giant, to launch one of China's best-known food and beverage brands.But…