Tag #Economy

dw.com
🌐 85% Global Worthiness
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Gloria Jeans Closes Rostov Factories, Laying Off 2,000 Workers

Gloria Jeans, Russia's largest clothing producer, is shutting down its Rostov region factories, impacting over 2,000 employees by March 31st, due to outdated technology, rising costs, and competition from cheaper Asian suppliers, triggering a search for new investors by the regional government.

Progress

48% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Cologne's Modernization Under Adenauer: A Pragmatic Approach to Urban Planning

During the Weimar Republic, Cologne's mayor Konrad Adenauer oversaw significant modernization projects, including the Niehl harbor, the green belt, and the Mülheimer Bridge, transforming the city despite wartime damage and British occupation, showcasing a flexible approach to urban planning.

Progress

56% Bias Score

Sustainable Cities and Communities
cnbc.com
🌐 85% Global Worthiness
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Healthcare Sector Poised for Rebound Amid Regulatory Shifts

Strategas analysts predict a healthcare sector rebound, noting that medical device makers are particularly attractive due to regulatory changes and historical Republican administration trends, while acknowledging ongoing concerns about Medicaid funding and PBM practices.

Progress

48% Bias Score

Good Health and Well-being
cnbc.com
🌐 85% Global Worthiness
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Record Market High Amidst Boeing Loss, Trump's Davos Remarks, and Soaring Store Closures

The S&P 500 hit a record high Thursday, but Boeing announced a $4 billion Q4 loss, Trump pressured the Federal Reserve at Davos, and US store closures are spiking, exceeding 2020 levels.

Progress

24% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 85% Global Worthiness
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Mexican Scientist Arrested for Aiding North Korean Sanctions Evasion

A Mexican scientist was arrested in the Netherlands for allegedly using his identity to help two North Korean operatives develop smartphone apps for US companies, generating at least \$866,000 that was laundered through a Chinese bank account and ultimately benefited the North Korean regime.

Progress

40% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Twilio's Bullish Forecast Sends Stock Soaring

Twilio, a cloud communications software company, issued a positive profit forecast for 2025-2027, projecting a 21-22% adjusted operating margin by 2027, exceeding analyst estimates, and $3 billion in free cash flow, fueled by AI integration and expansion into new markets; its stock rose over 10% aft...

Progress

40% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Wall Street Reacts to Mixed Earnings Reports: GE Aerospace Soars, Others Face Downgrades

Following better-than-expected earnings, GE Aerospace saw its stock price jump 6.6%, prompting analysts at JPMorgan and UBS to raise their price targets; conversely, Guggenheim downgraded GE Vernova. Other companies like Discover, Boeing, Novo Nordisk, Twilio, Apple, Texas Instruments, and Mastercar...

Progress

48% Bias Score

Decent Work and Economic Growth
chinadaily.com.cn
🌐 85% Global Worthiness
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China's Electricity Consumption Surges on Green Tech Boom

China's electricity consumption rose by 6.8 percent in 2024 to 9.85 trillion kWh, driven by high-tech manufacturing (10.3 percent increase) and electric vehicles (34.3 percent increase), reflecting a national shift towards green technologies and industrial transformation; renewable energy capacity s...

Progress

48% Bias Score

Affordable and Clean Energy
npr.org
🌐 85% Global Worthiness
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LA Wildfires Expose Housing Crisis as Landlords Face Price-Gouging Charges

Following the January 7th Los Angeles wildfires, landlords illegally raised rents by 30-130%, violating California's price-gouging law; tenant organizer Chelsea Kirk's online spreadsheet documenting these increases prompted investigations and legal action against 500 landlords and one realtor.

Progress

20% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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S&P 500 Closes Lower Despite Record-High Week Fueled by Trump's Return

Following President Trump's return, the S&P 500 initially reached record highs before closing 0.3% lower at 6,101.24 on Friday, while the Nasdaq and Dow also fell, despite the week showing overall gains fueled by optimism towards his pro-business policies and relief over his merely threatening tarif...

Progress

36% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Trump's DEI Order Prompts Davos Debate on Corporate Diversity Strategies

President Trump's executive order targeting federal DEI programs and potential extension to private institutions sparks debate at Davos, with CEOs navigating evolving political landscapes while maintaining commitments to diverse workforces.

Progress

56% Bias Score

Gender Equality
cnbc.com
🌐 85% Global Worthiness
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Bank of Japan Hikes Rates; S&P 500 Hits Record High Amid Trump's Davos Remarks

The Bank of Japan raised interest rates to 0.5%, the highest since 2008, strengthening the yen while the S&P 500 hit a record high due to positive investor sentiment following Trump's Davos speech advocating lower interest rates and oil prices; however, experts caution against solely relying on Trum...

Progress

36% Bias Score

Decent Work and Economic Growth