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Credit: Unsplash/CC0 Public Domain Last year's failures of Silicon Valley Bank and two other financial institutions—after panic-driven runs on deposits—have fueled a longstanding debate in bank regulation: How much transparency is too much? Regulators need detailed disclosure of a bank's balance sheet to be able to intervene before it fails. But too…

The union, which represents about 5,000 brewery workers, had threatened to strike March 1 if a deal wasn’t reached by Thursday. The union, which represents about 5,000 brewery workers, had threatened to strike March 1 if a deal wasn’t reached by Thursday. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

Ford Super Duty trucks are seen at the Kentucky Truck assembly plant in Louisville, Kentucky, U.S., April 27, 2023.Joe White | ReutersFord and a United Auto Workers local union reached a tentative deal on Wednesday to avert a strike at the automaker's most profitable plant.The UAW had threatened that nearly 9,000 workers at Ford's Kentucky truck plant would strike on Friday if local union demands were not resolved.The UAW said Tuesday the deal addresses local issues related to skilled trades, ergonomics and health and…

Research from Northumbria University reveals a critical window to prevent irreversible Antarctic ice loss. While current models show no tipping point reached yet, future scenarios suggest possible ice sheet collapse within 300-500 years, highlighting the urgency of addressing climate change. Credit: TiPACCNew research from Northumbria University suggests that there is a limited time frame before irreversible, large-scale ice loss begins in Antarctica.According to two recent studies from Northumbria University, there’s a…

Our electronic devices have a dirty secret: they contain metals, including cobalt and copper, demand for which is fueling a humanitarian crisis in the Democratic Republic of the Congo (DRC). As device lifetimes continue to shrink, experts are urging consumers to buy used or refurbished smartphones and laptops and to donate or sell old ones. And while consumers alone can’t address the tech industry’s social and environmental harms, these money-saving actions could help keep minerals in the ground and reduce the number of…

Canadian company Volt Lithium has developed and pilot-tested a new low-cost lithium extraction method to pull this critical battery metal out of low-concentration brines. Now it plans to turn old oil fields into lithium production operations. As the global transition to electric vehicles gathers momentum, and power grids worldwide turn to huge banks of batteries to balance demand against the intermittent supply of renewables, the world is going to need unprecedented amounts of lithium to fuel its insatiable hunger for…

Credit: Unsplash/CC0 Public Domain A research team co-led by Cornell found that for schools without the resources to conduct learning analytics to help students succeed, modeling based on data from other institutions can work as well as local modeling, without sacrificing fairness. "To use data-driven models, you need data," said…

Facebook’s parent Meta has given key assurances to U.K. antitrust regulators as it looks to counter concerns over how it uses advertising data to benefit its own products. The news comes in the same week as Meta revealed it was selling GIF platform Giphy for $53 million three years after buying it for $400 million, following a final divestment order issued by the Competition and Markets Authority (CMA) last October. The CMA also recently blocked Microsoft’s $68.7 billion bid for Activision. At…

So it’s come to this: another debt ceiling crisis. This is the fifth standoff I’ve covered as a reporter. There was the big one in 2011, of course, but then the 2013 standoff related to Obamacare, the lower-profile standoff in 2015, and the 2021 fight that required a temporary change to the Senate filibuster. I’m 32 years old. As I tell myself in the mirror every morning, that is not old. And I’m on my fifth debt ceiling crisis. All of this has happened before, and it will all happen again. The first-best solution to…

As talks between writers and the major studios come down to the wire, a deal to negotiate a new contract that would avoid Hollywood’s first strike in 15 years remains elusive, according to three people with knowledge of the talks. The Alliance of Motion Picture and Television Producers this week made counterproposals to the Writers Guild of America, which began negotiations March 20. The union is seeking nearly $600 million in wage increases and other demands.The two sides have convened at the offices of the AMPTP at…