>>Over 12K Auto Workers On UAW Strike
(Detroit) -- U.S. auto workers are striking at all three of Detroit's major car companies. The United Auto Workers strike will halt production of the Ford Bronco, Jeep Wrangler, Chevy Colorado and other models. Union President Shawn Fein said it's the first time in their history that they're striking GM, Ford and Stellantis at the same time. Targeted strikes were launched after the old contract expired at midnight, and involve over 12-thousand workers.
>>Oregon Gets $58 Million For Trees
(Washington, D.C.) -- One-billion-dollars from the Inflation Reduction Act will be spent planting trees across the U.S., and Oregon will receive 58-million-dollars. The money can be used to plant and maintain trees, combat extreme heat and climate change and improve access to nature is cities, towns and suburbs. The Oregon Department of Forestry will receive the most, nearly 23-million-dollars. The rest of the money will go to groups in Eugene, Portland, Pendleton, Hermiston, Salem, and Hillsboro.
>>Mexico Ousts China As US's Biggest Trading Partner
(New York, NY) -- Mexico has overtaken China as America's biggest trading partner with roughly 400-billion dollars in imports from Mexico this year. Meanwhile, foreign direct investment in Mexico is up more than 40-percent as US companies increasingly set up shop. At the same time, a survey by Spanish bank BBVA found that one in five of the new arrivals in Mexico are Chinese businesses, probably seeking to skirt US tariffs. Mexico's resurgence has helped the peso boast the world's strongest currency this year and one of the best-performing stock markets, according to Bloomberg.
>>Reports: Caesars Paid Ransom To Hackers
(Las Vegas, NV) -- Caesars Entertainment says it was recently the target of hackers. Reports say the casino operator paid about half of a 30-million-dollar ransom demanded by the hackers after a cyberattack late last month. In a filing with the Securities and Exchange Commission Thursday, Caesars said incident response protocols were activated after the suspicious activity was detected. Caesars was reportedly targeted by the same group that has forced MGM Resorts to shutdown ATMs, slot machines and its mobile app this week. Caesars said there is no evidence the hackers accessed passwords or bank account information.
>>Softbank's Arm Market Debut At $65-Billion
(New York, NY) -- Shares in Softbank's Arm Holdings shot up almost 25% its Nasdaq debut price Thursday. The stock opened at 56-10 and closed at 63-59, giving the British chip designer a valuation of 65-billion dollars. That's a big jump over its IPO price of 51 dollars a share, which yielded a valuation of 54-point-five billion on Wednesday.
>>Google Antitrust Trial Moves To Day 3 Today
(Washington, DC) -- Today is Day Three of the Google antitrust trial in Washington, DC. The Justice Department accuses the tech giant of spending billions of dollars to secure agreements with mobile carriers, smartphone makers, and browser operators to become the default search engine. Prosecutors say Google has more than 90-percent of the search market.
>>Report: World Needs $2.7-Trillion Annually For Zero Emissions By 2050
(Undated) -- The world needs to invest two-point-seven trillion dollars a year to achieve net zero emissions by 2050, according to a new report. Global energy and sustainables consultancy Wood Mackenzie's report released Thursday also said that's the necessary investment to stop temperatures from rising above one-point-five degrees Celsius this century to avoid catastrophic effects from climate change. However, the report says most countries aren't on track to meet emissions targets by 2030, let alone 2050.
