The city council at Birmingham, located in the midlands of the country, was slammed with a ginormous equal pay claim worth up to £760 million ($955 million), following which it said the council had “insufficient resources” to make those payments. As a result, the council was forced to make drastic cost cuts, resulting in the sacking of 600 staff, closure of community centers, reduction of household waste collections, and even turning down the brightness of its street lights. The measures reflected just how precarious the finances of Europe’s largest local authority were as it turned to the government for additional…
Author: insighter
A gas mileage calculator provides information specific to your vehicle’s fuel performance based on the data you input. The information output — like miles per gallon (mpg) or annual fuel cost — can help you plan and make decisions in different ways. When you have an estimate of your annual fuel costs, you can build that into your weekly or monthly budget. If your car’s actual mpg is lower than expected, it might indicate a mechanical problem that needs correcting to reduce gas consumption. If you’re thinking of buying a different car, a gas calculator can compare expected gas expenses…
You’ve been in your company for a while, and you’re a consistent high performer. You’ve received glowing reviews for every performance appraisal you’ve had. Yet quarter after quarter, your job title and salary stays the same. You ask yourself, Just how am I supposed to land a promotion at work? The thing is, while excelling at your job is foundational, it’s only one factor. The path to career advancement can vary greatly depending on your field and workplace, but climbing the ranks in your organization involves making some strategic moves. As an HR executive with experience overseeing promotion processes in different companies, I’m…
The President of the European Central Bank (ECB) Christine Lagarde gestures as she addresses a press conference following the meeting of the governing council of the ECB in Frankfurt am Main, western Germany, on April 11, 2024. Kirill Kudryavtsev | Afp | Getty Images The prospect of the European Central Bank diverging from the Federal Reserve on interest rate cuts is likely to be “particularly negative” for the 20-nation euro zone, according to one economist. The ECB appears on course to cut interest rates in June, barring any major surprises, and recent inflation data has since bolstered the case for…
Chinese new energy vehicle giant shows off the latest version of its Han electric sedan at the Beijing auto show on April 26, 2024. CNBC | Evelyn Cheng BEIJING — Chinese automakers, including state-owned auto giant GAC Group, can’t afford to take it easy in the country’s electric car boom if they want to survive. Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war that’s forced Tesla to also cut its prices. While Chinese automakers also look overseas for growth, other countries are increasingly wary of the impact…
First Internet Bank was one of the original online-only banks. Online banks are known for offering low fee accounts, attractive APYs on savings, and other convenient banking features. But not all online banks are created equal, so it’s important to shop around and compare features before opening an account. First Internet Bank is the original online bank, and offers an interest-bearing checking account, a high-yield money market savings, CDs, and more. How does it compare to top names such as Ally and CIT Bank? We explore everything First Internet Bank has to offer in this review. Online bank with…
Too many first-time CEOs are obsessed by their own, somewhat paranoid, perception that stops them from being able to do the job well: lack of experience, knowledge, credibility, etc. Research for NerdWallet in 2022 showed that 78% of business leaders experience workplace imposter syndrome, causing 59% to consider leaving their role.This obsession is baggage and a distraction. Leaders know, or they should know, that their attention really needs to be on how to run the company successfully and what they need to do to be able to accomplish that. But knowing you may lose control over areas of expertise that…
A police officer who was involved in clearing protesters from a Columbia University administration building earlier this week fired his gun inside the hall, a spokesperson for District Attorney Alvin Bragg’s office confirmed Thursday. No one was injured, according to spokesperson Doug Cohen, who said there were other officers but no students in the immediate vicinity. He said Bragg’s office is conducting a review. He did not provide additional details on the incident, which was first reported by news outlet The City. The New York Police Department did not immediately respond to The Associated Press’ request for comment. The gunfire came as…
Artist Ya La’ford in front of one of her artworks. Ya La’ford Abstract artist Ya La’ford is in demand. Her commissions — including sculpture, installations and gallery exhibitions — mean she is fully booked for the next four years. La’ford, who is based in the artsy community of St. Petersburg, Florida, reeled off the names of current and former clients, including Nike, McLaren Racing, basketball team Orlando Magic and ski brand Rossignol during a phone call with CNBC. She’s also worked for the likes of the NFL, making commemorative gifts for team owners during the 2021 Super Bowl. “I create…
The Transportation Security Administration (TSA) announced a new partnership with Clear, making it the third TSA PreCheck enrollment provider. TSA PreCheck is a program that gives members access to dedicated lines at airport security checkpoints. Members don’t have to remove shoes, belts, or light jackets when they go through the scanner. Plus, they can keep laptops and liquids in their carry-on luggage. More than 200 airports and 90 airlines provide TSA PreCheck. Clear is a separate program that uses biometric data (like a fingerprint or eye scan) to speed travelers through airport security. Once Clear members use a kiosk to…
The largest grocery store in the U.S. has launched Bettergoods, a new private-label food brand with most products under $5
Everyone knows Warren Buffett ‘s successor won’t be able to match the legendary investor, but Berkshire Hathaway ‘s board remains confident Greg Abel is the right guy to one day lead the conglomerate into the future. Longtime Berkshire board member Ron Olson told investors gathered Thursday at a conference two days ahead of the company’s annual shareholders meeting that Abel understands all the fundamental principles that guided Buffett, like letting Berkshire’s companies largely run themselves. And Abel will be committed to running Berkshire in a conservative way that will protect the company that’s known for it financial strength, he said. “Greg is not somebody who is…