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  • Nov 29, 2024

Russia’s Tight Labor Market Has Firms Turning to Teens, Retirees to Fill Openings

(Bloomberg) -- Russia’s rock-bottom unemployment rate should be the envy of any country, but it’s instead underscoring how the labor shortage fueled by the Kremlin’s 2022 invasion of Ukraine is making it more difficult for companies to operate.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasThe share of the labor force out of work in Russia, already

  • Nov 29, 2024

Why Is Aerospace Company ParaZero Technologies Stock Flying Higher Today?

ParaZero Technologies Ltd. (NASDAQ:PRZO) shares are rising on Friday following the company’s announcement that it received the Design Verification Report (DVR) approval from the European Union Aviation Safety Agency (EASA). This approval applies to ParaZero’s SafeAir M-300 Pro and SafeAir M-350 Pro parachute safety kits, confirming compliance with critical safety standards. The EASA DVR allows drone operators to expand their operational scope under the Specific Operations Risk Assessment (SORA)

  • Nov 29, 2024

Crypto’s ‘Middle Child’ Ethereum Flounders as Rivals Gain Ground

(Bloomberg) -- Ethereum faces pressing questions over its direction as a rejigged user experience saps activity and fees, stoking uncertainty about whether the blockchain will continue to underpin commerce in crypto.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingCritics point to a growing reliance on so-called Layer-2 blockchains, built on top of Ethereum to improve otherwise clunky and costly transactions.

  • Nov 29, 2024

Trump's tariffs could cost carmakers up to 17% of combined core profits, S&P says

Premium automakers Volvo and Jaguar Land Rover, who mostly produce in Europe, and groups General Motors and Stellantis, who assemble high volumes of cars in Mexico and Canada, are most exposed to the threat of higher tariffs, S&P said. President-elect Donald Trump on Monday said he would impose a 25% duty on imports from Canada and Mexico until they clamped down on drugs and migrants crossing the border, a move that would appear to violate a free-trade deal between the three countries.

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