Boodor is Your Go-to Source for the Latest Business News, Stay Informed and Make Informed Decisions.
⎯ 《 Boodor • Com 》
US gas prices are unusually high. Here's why you shouldn't worry
US gas prices are unusually high. Here's why you shouldn't worry
Falling leaves typically coincide with falling gas prices as the summer driving season comes to a close and demand at the pump wanes. Instead, gasoline prices are getting more expensive and are just pennies away from their highest level so far this year.
2023-09-18 19:50
Some Huawei car businesses moving towards independence, autos chief says
Some Huawei car businesses moving towards independence, autos chief says
SHENZHEN, China Huawei Technologies said some of its automotive partnerships, having gained skills in user experience, product design
2023-11-28 16:49
As cracks emerge in Russia, US plots fresh sanctions to crank up pressure on Moscow
As cracks emerge in Russia, US plots fresh sanctions to crank up pressure on Moscow
Washington plans to keep piling pressure on Russia through additional sanctions in a bid to force hard choices in Moscow, a senior US official tells CNN.
2023-08-25 02:46
Macron under fire from left over latest jobs jab
Macron under fire from left over latest jobs jab
French President Emmanuel Macron on Tuesday faced accusations of minimising the problems of unemployment after he told the mother of a jobseeker that her...
2023-06-27 20:47
Elon Musk just revealed that Twitter is losing money fast thanks to advertising drop
Elon Musk just revealed that Twitter is losing money fast thanks to advertising drop
On Saturday (July 15), Elon Musk revealed that Twitter is struggling with a “heavy debt load” due to advertising revenue dropping 50 per cent. Responding to a user seemingly giving financial business advice to Musk, the billionaire replied explaining that the company is “still in negative cash flow, due to ~50 per cent drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else.” Back in April, Musk had said Twitter was “roughly breaking even,” as most of its advertisers had returned. However, a New York Times report in early June found that Twitter’s revenue from US advertising was down 59 per cent from the previous year. Since taking over Twitter in October last year, Musk has faced constant scrutiny for his business decisions, cutting roughly 75 per cent of its workforce almost immediately, as well as reinstating users who were previously banned for breaking terms of service. Sign up to our free Indy100 weekly newsletter In May, Musk hired a new CEO, Linda Yaccarino, an ex-NBCUniversal advertising executive. The new hire was supposed to signal a fresh start for the platform under Musk’s ownership, but it clearly hasn’t worked in bringing previous advertisers back. Twitter has also caused new upset by imposing ‘rate limits’ on how many tweets users can view a day. At the time, Musk had said the restrictions were required to “address extreme levels of data scraping & system manipulation”. Another challenge that faces Twitter is Meta’s Threads, the new app it launched this week to compete with Twitter. Meta saw over 100 million users sign up in the first two weeks, but is yet to allow advertisers to host on the platform, despite interest. In response, Twitter threatened legal action, with Twitter’s attorney, Alex Spiro, accusing Meta for unlawfully using trade secrets and other intellectual property to create a “copycat” app. 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.
2023-07-16 18:54
Student loan payment pause will end this year, education secretary confirms
Student loan payment pause will end this year, education secretary confirms
The pause on federal student loan payments is still set to end later this year, Education Secretary Miguel Cardona confirmed this week.
2023-05-18 02:23
CNH Industrial posts higher operating profit in Q2, confirms 2023 guidance
CNH Industrial posts higher operating profit in Q2, confirms 2023 guidance
MILAN (Reuters) -Agricultural and construction machine maker CNH Industrial said on Friday its operating profit grew in the second quarter
2023-07-28 20:28
Moldova's prime minister accepts resignation of interior minister after fatal airport shooting
Moldova's prime minister accepts resignation of interior minister after fatal airport shooting
Moldovan Prime Minister Dorin Recean says that he accepted the resignations of three ministers including the interior minister
2023-07-14 23:15
Chelsea negotiating for Romeo Lavia transfer to take Todd Boehly’s spending past £900m
Chelsea negotiating for Romeo Lavia transfer to take Todd Boehly’s spending past £900m
Chelsea are negotiating a fee of £50m with add-ons for Romeo Lavia, after the midfielder signalled his intention to leave Southampton for Stamford Bridge rather than Liverpool. The Anfield club had earlier on Monday had a £60m bid accepted for the 19-year-old and, while he was interested in going north, moving to London has proved a more favourable option. There was some frustration given that it was felt Liverpool could have had a deal done last week, but Southampton absolutely refused to drop their asking price from £50m, in what has proved a seller's market. The signing will take Chelsea's expenditure to over £900m gross since the takeover in May 2022, and raised questions over how they will meet Financial Fair Play requirements. While the spending has inevitably been the subject of a lot of discussion at the top levels of clubs, just as it has been in the wider game, there has been no contact with the Premier League about it. Chelsea are likely to still have a number of outgoings in the two weeks left of the window - although that does raise the issue of clubs knowing they need to sell. The Premier League are expected to change their rules to bring them in line with Uefa's, closing a loophole that allows transfer fees to be spread over a longer-period and setting a limit at five years, but that will not affect the last year's spending. The regulations are also dependent on the year-end date for signings and which year the transactions go into. Chelsea completed the signing of Moises Caicedo for an initial £100m from Brighton earlier on Monday. Read More Chelsea end Caicedo saga by signing Brighton midfielder for initial £100m Chelsea’s £1bn spending spree still isn’t enough Chelsea and Liverpool trial football without defensive midfielders
2023-08-15 05:25
Stocks gain ahead of Fed decision; Treasury yields slip
Stocks gain ahead of Fed decision; Treasury yields slip
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes were higher and the U.S. dollar was nearly flat on Wednesday
2023-11-01 23:47
GM's electric vehicles will gain access to Tesla's vast charging network
GM's electric vehicles will gain access to Tesla's vast charging network
Electric vehicles made by General Motors will be able to use much of Tesla’s vast charging network starting early next year
2023-06-09 04:58
S&P 500 to see small gain in 2024 as US economic risks rise: Reuters poll
S&P 500 to see small gain in 2024 as US economic risks rise: Reuters poll
By Caroline Valetkevitch NEW YORK The S&P 500 will end next year only about 3% higher than its
2023-11-21 21:17