New York Yankees manager Aaron Boone was ejected from Monday’s game against the Oakland Athletics after home plate umpire Hunter Wendelstedt misinterpreted a remark made by a fan.
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Federal Labour Minister Seamus O’Regan has appointed Vince Ready to chair a two-person Industrial Inquiry Commission to investigate labour relations at West Coast ports. The commission will aim to identify ways to ensure stability and prevent disruptions such as last year’s strike.
Terry Shaw, President and CEO of Adventist HealthCare, will step down from his role on June 30th, 2023, to become President and CEO of Health First, based in Florida. During his 13-year tenure at Adventist HealthCare, Shaw led the organization to national recognition for its leadership practices, quality and safety distinctions, and workplace culture. Health First, founded in 1995, is a fully integrated healthcare system with over 10,000 associates, four hospitals, and various healthcare services.
A couple in their 50s with $2 million in savings is hesitant to retire due to fears of market crashes. Financial guru Dave Ramsey advises them to invest in the stock market, as they could have potentially doubled their savings if they had invested earlier.
NextSource Materials Inc. (TSX:NEXT, OTCQB:NSRCF) has garnered analyst coverage from Capital Access, who see the company as a potential leader in the vertically integrated supply of lithium-ion battery anode material for electric vehicles. The company’s Molo graphite mine in Madagascar boasts significant measured and indicated resources, allowing for expansion of production capacity from the current Phase 1 level of 17,000 tons per year to 150,000 tons per year. Additionally, NextSource’s planned Battery Anode Facility in Mauritius will position the company as one of the few able to supply processed graphite independent of China, which currently dominates the market.
* Global economy is experiencing growth, indicating the need for a healthy commodities allocation in portfolios.
* A potential fiscal crisis is anticipated in 2025, making gold and bitcoin essential hedges against US government spending concerns.
* China’s economic expansion, supported by manufacturing growth, contributes to global growth.
* The US debt-to-GDP ratio is projected to reach record highs, with the budget deficit being historically large even during full employment.
* Credit default swaps and outperforming emerging market debt suggest market anticipation of the 2025 fiscal crunch.
While gold is often seen as a safe haven during geopolitical turmoil, recent events suggest that cryptocurrencies may actually be a better investment. In the past decade, cryptos have surged during times of conflict, such as the COVID-19 pandemic, the 2016 US presidential election, and tensions in the Middle East. This trend is likely to continue as tensions flare between Israel and Hamas and political tensions rise in the US. The upcoming Fourth Bitcoin Halving, which reduces the supply of new BTC, is expected to further fuel the crypto bull market.
Kyle Boulia has joined The Office of The Duke and Duchess of Sussex as Deputy Press Secretary to Prince Harry and his wife Meghan, and Director of Communications for Archewell in the U.S. He will be joined by Charlie Gipson, who will serve as the point contact for all UK and European media outlets. Both Boulia and Gipson will report to Ashley Hansen, Global Press Secretary & Head of Communications.
Tennessee Governor Bill Lee (R) has expressed his disapproval of the recent unionization vote at a Volkswagen plant in Chattanooga by United Auto Workers (UAW). The governor acknowledged the workers’ right to choose but emphasized his belief that unionization could jeopardize jobs. The UAW campaign in the South has drawn criticism from Republican governors, but the Volkswagen plant vote resulted in a landslide victory for the union. Despite Lee’s concerns, President Biden has praised the efforts of unions and their role in securing better contracts for workers.
Tesla has reduced the price of its ‘Full Self Driving’ system from $12,000 to $8,000, a decrease of approximately a third. Despite CEO Elon Musk’s previous promise of a fleet of robotaxis on the road by 2020, the self-driving system still requires human supervision. The price cut coincides with other challenges faced by Tesla, including price reductions on Model Y, X, and S vehicles, a drop in stock price below $150 per share, and plans to lay off 10% of its workforce.