Author: Anthony M. Orbison

(Reuters) – Stellantis (NYSE:) has reversed its decision to lay off about 1,100 employees at an Ohio Jeep plant, instead extending a worker adjustment and retraining notification notice, the Franco-Italian automaker said late on Saturday. No employees will be placed on indefinite layoff on Jan. 5 due to a previously announced shift reduction, a company spokesperson said in an emailed statement. Last month, Stellantis said it would lay off employees at the Toledo South Assembly Plant, which makes the Jeep Gladiator, in an effort to improve efficiency and reduce inventory across its North American operations. Source link

Ethereum (ETH) is poised for a resurgence in 2025 as it rides a wave of emerging trends to capitalize on a $100 trillion opportunity in tokenizing real-world assets (RWAs), according to a letter shared with investors by Bitwise’s senior investment strategist, Juan Leon. The document highlighted that the crypto market was marked by two narratives this year: Bitcoin’s (BTC) new all-time high, driven by spot exchange-traded funds (ETF) approval in the US, and Solana’s (SOL) meteoric popularity as retail investors piled into memecoin speculation. As a result, Ethereum’s 66% year-to-date return paled when compared to BTC’s 130% gain and SOL’s 106% rally.ETFs signaling…

Dec. 21, 2024 4:54 PM ETF, GM, TM, HMC, WGO, LI, BYDDF, NSANY, MBGAF, TSLA, GELYF, BAMXF, MZDAY, CARZ, DRIV, VWAGY, NIO, RIVN, XPEV, LCID, STLA, VCAR, FDRV, VLVCY, TSLQ, TSLL, TSLS, CARUBy: Anuron Mitra, SA News Editor Monty Rakusen It’s been a volatile year for the global automotive industry as it has been beset by falling demand amid higher interest rates. A report earlier this week found that the number of people willing to bet against major global auto stocks Source link

If you’re in the market for a new car, but you don’t want to pay that new car markup, consider owning last year’s model. You still get all the benefits that come with buying a new car, such as advanced technology, updated safety features, and that great, new car smell — plus cash savings that could amount to tens of thousands of dollars.When is the best time to buy a car?According to Edmunds, an automotive website that publishes information and resources to help consumers buy and sell cars, December was historically the month when dealers offered the largest discounts off…

SUI has shown a remarkable bullish comeback, overcoming earlier setbacks with impressive strength. The cryptocurrency has steadily gained ground, attracting attention. As the price approaches the critical $4.98 resistance, the potential for a breakout looms. A successful move above this level could trigger a new phase of bullish momentum, setting the stage for the token to achieve new highs. Specifically, the $4.98 has been a key barrier in recent trading, and breaking through it would be a significant achievement for SUI. With strong market sentiment building, a breakthrough may inspire more buying pressure, pushing the price even higher. As the…

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By David Shepardson WASHINGTON (Reuters) – The head of the Transportation Security Administration on Thursday warned that an extended partial U.S. government shutdown could lead to longer wait times at airports. TSA, which handles airport security screening, said about 59,000 of its 62,000 employees are considered essential and would continue working without pay in the event of a shutdown that would begin on Saturday unless the government reaches a funding deal. Air traffic controllers and TSA officers are among the government workers who would be required to keep working but would not be paid. “While our personnel are prepared to…

Este artículo también está disponible en español. The Bitcoin price is approaching the $100,000 level again after experiencing significant declines these past weeks. A crypto analyst has pointed out that the critical resistance level at $99,800 is crucial for Bitcoin’s next move. If the pioneer cryptocurrency can break through this level, it could trigger a significant breakout, potentially propelling Bitcoin past the $100,000 mark.  Related Reading Bitcoin Price Faces Resistance At $99,800 Prominent crypto analyst Ali Martinez has shared a chart showing an In/Out of the Money Around Price (IOMAP) analysis of the distribution of Bitcoin wallets based on their…

There’s no question that Nvidia (NASDAQ: NVDA) has been the leader of the artificial intelligence (AI) revolution thus far. The stock jumped by nearly 10 times since the start of 2023, shortly after the launch of ChatGPT. It rose to become the most valuable company in the world this year, though it has since ceded that position to Apple. Nvidia’s strength was on display in its latest earnings report as the company delivered another round of blowout results. Revenue jumped 94% to $35.1 billion, and adjusted net income doubled to $20 billion, or $0.81 a share. Nvidia shares peaked after…

Cruise ship crew members live in very tiny spaces, sometimes sharing a cabin with not just one but two other crew members.Ariana Monae took a job as waitress working for Norwegian Cruise Line. She went into the experience knowing that it was going to be long hours, no days off, and a lot of work.Cruise cabins have improved greatly for crew members on newer ships. On older ships, they generally offer a very clever use of space, but not all that much privacy.Monae’s cabin has three bunks, each with its own privacy screen as well as three lockers, and three locking…