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Monthly Archives: May 2023

F, MRVL, PARA, GPS and more

A Ford F-150 Lightning Platinum electric truck during the 2022 New York International Auto Show, New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making the biggest moves midday Friday. Ford — Shares popped about 7% after Ford and Tesla announced a partnership late Thursday that …

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Many companies offer tuition assistance for workers to go to college

As a growing number of Americans feel priced out of a college education, tuition assistance may be the most valuable incentive companies are using to attract and keep workers. In the last few years, more businesses have added or expanded benefit offerings of free college programs. Not only does free …

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Ford Tesla EV charging deal puts pressure on GM

DETROIT – A surprise deal between Ford Motor and Tesla on electric vehicle charging technology and infrastructure could put new pressure on other automakers’ EV strategies. The tie-up between the two rivals will give Ford owners access to more than 12,000 Tesla Superchargers across the U.S. and Canada, starting early …

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Paramount shares pop after BDT Capital bets on the media giant’s key shareholder

The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023. Patrick T. Fallon | AFP | Getty Images Paramount Global shares jumped more than 5% on Friday after an investor known as Warren Buffett’s favorite banker piled into the media company’s controlling …

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Tech companies are laying off their ethics and safety teams.

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022.  David Paul Morris | Bloomberg | Getty Images Toward the end of 2022, engineers on Meta’s team combating misinformation were ready to debut a key fact-checking …

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House passes bill blocking student debt forgiveness

The House of Representatives passed a bill on Wednesday aimed at blocking President Joe Biden’s student debt forgiveness plan and ending the pause on federal student loan payments and interest. The Republican-sponsored bill passed by a vote of 218-203 with two Democrats joining the Republican majority in favor of the …

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Vesting schedules mean a 401(k) match can take years to own

Iparraguirre Recio | Moment | Getty Images 44% of plans offer a ‘rare’ advantage Companies use different timelines, or vesting schedules, to determine how long it takes for savers to fully own the employer contributions. In some cases, they must work at a company at least six years before the …

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It’s the ‘new hot city’

New York, Paris and Tokyo may be on your travel bucket list, but there are plenty of cities that don’t get enough credit and are well worth a visit. Underrated cities have their benefits — they can often be less crowded, more affordable, and just as interesting. As a travel journalist …

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Most expensive cities to raise a child in the U.S.

It’s expensive to live in San Francisco — and even more costly to raise your kids there. The average annual cost of raising a child in the Bay Area is nearly double what Americans typically pay, according to an analysis of 381 cities by financial advice platform SmartAsset. In SF, …

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Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed

Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to a gauge released Friday that the Federal Reserve follows closely. The personal consumption expenditures price index, which measures a variety of goods and services and adjusts for changes in consumer …

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