Americas

Biden administration chooses former Chicago, DC transportation chief to lead electric vehicle charging program |  CNN Business

Biden administration chooses former Chicago, DC transportation chief to lead electric vehicle charging program | CNN Business

washington d.c. CNN Business — Gabe Klein, who headed the transportation departments in Washington, DC and Chicago, will lead the Biden administration’s $7.5 billion program to expand the nation’s electric vehicle charging network. Klein will serve as executive director of the Joint Office of Energy and Transportation, which was created by the bipartisan infrastructure bill, …

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Good news: the freight railways are not on strike.  Bad news: Service is still terrible |  CNN Business

Good news: the freight railways are not on strike. Bad news: Service is still terrible | CNN Business

New York CNN Business — The absence of a freight rail strike this week is a huge win for the US economy and its still struggling supply chain. But that does not mean that freight railways provide good service to their customers. Many of the issues hampering the supply chain, driving up prices and slowing …

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Labor Shortages Are Fueling America's Biggest Labor Crises

Labor Shortages Are Fueling America’s Biggest Labor Crises

Exhausted workers in education, health and rail industry retreat after months of staff shortages September 16, 2022 at 4:34 p.m. EDT Striking nurses demonstrate for better working conditions on public sidewalks outside Riverside Hospital September 13 in Minneapolis. (Annabelle Marcovici for the Washington Post) The U.S. economy ground to a halt hours after the shutdown …

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The Collapse of Meta: This chart shows Facebook's fall among America's most valuable companies

The Collapse of Meta: This chart shows Facebook’s fall among America’s most valuable companies

Threatened by competitive and macroeconomic threats, Meta Platforms Inc. is plummeting into the ranks of America’s largest corporations. After a daily decline of 9.4% in its stock, Meta META, -9.37% ranked 10th in market value as of Tuesday’s close, falling below Visa Inc. V, -3.37% for the first time since early August. Meta, the parent …

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