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- BusinessReuters
Exclusive-Tesla doing damage-control, discounts for European fleet buyers
Tesla is working to appease some European leasing companies after the automaker’s repeated retail price cuts tanked their fleets’ value and its slow service and expensive repairs alienated their corporate customers. The efforts include unofficial discounts on purchases of new cars if they are in stock and efforts to address widespread service, repair and ordering complaints after years in which fleet managers and leasing firms say Tesla has ignored those problems, according to Reuters interview
- PoliticsAssociated Press
Many remember solid economy under Trump, but his record also full of tax cut hype, debt and disease
The Federal Reserve slashed its benchmark interest rates to combat the sudden recession. “The 30-year mortgage rate was at a record low, the lowest ever recorded ... 2.65%, that’s what your mortgage rates were.” The question of who can best steer the U.S. economy could be a deciding factor in who wins November’s presidential election.
- NewsAssociated Press
Taiwan's new President Lai in his inauguration speech urges China to stop its military intimidation
Taiwan’s new President Lai Ching-te in his inauguration speech has urged China to stop its military intimidation against the self-governed island Beijing claims as its own territory. “Fellow compatriots, we have the ideal of pursuing peace, but we must not have illusions," Lai said after being sworn into office. "As China has not yet given up its use of force to invade Taiwan, we should understand that even if we fully accept China’s proposition and give up our sovereignty, China’s attempt to
- NewsAssociated Press
Disneyland character and parade performers in California vote to join labor union
Disneyland performers who help bring Mickey Mouse, Cinderella and other beloved characters to life at the Southern California resort chose to unionize following a three-day vote culminating on Saturday. The Actors’ Equity Association labor union said in a statement Saturday that cast members for the parades and characters departments at Disney's theme parks near Los Angeles voted by a wide margin for the union to become the bargaining agent for the group of roughly 1,700 workers. An associatio
- NewsAssociated Press
Taiwan's new president inherits a strong foreign policy position but political gridlock at home
In a campaign ad for Taiwan’s President-elect Lai Ching-te, incumbent President Tsai Ing-wen was shown driving with Lai in the passenger seat, exchanging reflections on their years governing together. Tsai later turned over the driving to Lai, who was joined by running mate Bi-khim Hsiao. The message was clear: Lai would steer the island in the direction set by Tsai, who after eight years in power was barred from running again.
- NewsAssociated Press
Even with school choice, some Black families find options lacking decades after Brown v. Board
Since first grade, Julian Morris, 16, has changed schools six times, swinging between predominantly white and predominantly Black classrooms. At predominately Black schools, he felt more supported as a Black student, but his mother, Denita Dorsey, said they didn't have the same resources and academic opportunities. Seventy years after the Supreme Court ruled separating children in schools on the basis of race was unconstitutional, Dorsey said the options available to her family in Michigan are
- NewsAssociated Press
Montana's attorney general said he recruited token primary opponent to increase campaign fundraising
Montana's attorney general told supporters he skirted the state’s campaign finance laws by inviting another Republican to run against him as a token candidate in next month's primary so he could raise more money for the November general election, according to a recording from a fundraising event. “I do technically have a primary," Attorney General Austin Knudsen said last week when asked at the event who was running against him. Knudsen separately faces dozens of professional misconduct allega
- NewsAssociated Press
Social divisions and hostile rhetoric in Slovakia provide fertile ground for political violence
When a gunman shot Slovak Prime Minister Robert Fico this week, shock rippled across the Central European country — even though the pro-Russia leader himself warned that the nation was so divided that an assassination attempt was possible. The country of 5.4 million has been beset by large protests deriding Fico's policies since he returned to power in September, after campaigning on a nationalist and EU-skeptic platform. Slovakia, which joined the European Union and NATO in 2004, was one of n
- EntertainmentAssociated Press
What to stream this week: 'Dune 2' adds spice, J.Lo heads to space, Lenny Kravitz rocks
“Dune: Part 2,” Jennifer Lopez in the sci-fi action pic “Atlas” and a “South Park” episode skewering weight loss drugs are some of the new television, movies, music and games headed to a device near you. — The spice will flow on Max starting Tuesday when Denis Villeneuve’s “Dune: Part Two” finally hits the streaming service. The film continues the saga of Paul Atreides (Timothée Chalamet) as he learns the ways of the desert-dwelling Fremen following the death of his father in “Part One.”
- BusinessReuters
NY Fed announces launch of new supply chain pressure metrics
The Federal Reserve Bank of New York is bolstering its data offerings tracking the state of supply chains. Noting that supply chain pressures are a key driver of inflation, the bank said in a press release that the new indexes “present a new gauge to measure how widespread supply disruptions are, understand if availability is improving, and track inflationary pressures and the impact on local firms.” The new gauges can be joined with the bank’s monthly Global Supply Chain Pressures Index “to c