Security gate in front of the Tesla Motors Gigafactory site east of Reno, Nevada. David Calvert | The Washington Post | Getty Images Tesla has informed workers at its Sparks, Nevada, battery factory that some hourly wage workers there will receive pay increases of about 10% starting in early January 2024. According to internal materials … [Read more…]
Nvidia made a splash in 2023 amid investor enthusiasm for artificial intelligence. The stock is already up more than 200% this year. But that’s not all that’s worth mentioning – other companies are also likely to benefit from the AI supply chain. Daniel Newman, CEO of Futurum Research, said he would “pass Nvidia because … … [Read more…]
Barron’s Roundtable panelists discuss how to adjust your 2023 portfolio to thrive in 2024. The Internal Revenue Service (IRS) is upping the ante for those who underpay their taxes by increasing the interest penalty assessed during next spring’s tax filing season. Earlier this fall, the IRS increased its interest penalty on estimated tax underpayments to … [Read more…]
Chevron Corp. operated Gorgon liquefied natural gas (LNG) and carbon capture and storage (CCS) facility on Barrow Island, Australia, on Monday, July 24, 2023. Bloomberg | Bloomberg | Getty Images The oil and gas industry must abandon the “illusion” that carbon capture technology is a solution to climate change and invest more in clean energy, … [Read more…]