DETROIT – General Motors secured a new $6 billion line of credit as the automaker braces for additional strikes by the United Auto Workers union. “The facility that we announced today is a $6 billion line of credit that I think is prudent in light of some of the messages that we’ve seen from some … Read more
Software is a company’s third-largest expense, but because it’s spread across multiple departments, it’s the CFO’s responsibility to find places to cut. In a TC+ column that includes spending benchmarks (based on employee size), CloudEagle founder and CEO Nidhi Jain shares her “cost-optimization playbook” for SaaS startups. Full TechCrunch+ articles are only available to members.Use … Read more
You’ll need more than advanced hardware to build a decent PC. The operating system is one of the most important components, and if you want to run Windows on your freshly assembled desktop, we’ve spotted a deal you won’t want to miss. Windows 11 Pro is Microsoft’s latest and greatest OS, and while it typically … Read more
LONDON — The British government confirmed Sunday it may scrap a big chunk of an overdue and over-budget high-speed rail line once touted as a way to attract jobs and investment to northern England. British media reported that an announcement is expected this week that the line will end in Birmingham – 100 miles (160 … Read more
An American Airways 787 is loaded with cargo at Philadelphia Worldwide Airport. Leslie Josephs/CNBC Extra corporations are warning {that a} surge in the price of gasoline and worker pay hikes will eat into income this quarter. Firms from aerospace producers to bundle supply big UPS are digesting large new labor offers. In the meantime, unions … Read more
Touch upon this storyComment MEXICO CITY — Scores of ships are backing up on the Panama Canal, the place low water ranges linked to El Niño and local weather change have led authorities to limit journey by way of one of many world’s most vital commerce arteries. The visitors jam is a grim signal for … Read more
NAIROBI, Kenya — A police official mentioned officers killed six individuals Wednesday throughout new protests in Kenya towards the rising price of dwelling, whereas a well being employee mentioned greater than 50 schoolchildren within the capital, Nairobi, have been tear-gassed. The opposition chief behind the demonstrations vowed they might proceed till a brand new legislation … Read more
The Treasury Division has confirmed the Tesla Mannequin 3 is eligible for the complete $7,500 electrical automobile tax credit score. Within the state of California, that makes it inexpensive than the gas-powered Toyota Camry, one of the crucial standard passenger vehicles within the nation. The Inflation Discount Act of 2022 overhauled the profitable tax break, … Read more
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Illustration by Nick Barclay / The Verge Netflix is about to kick your finest buddy off your account — except you pay for them to share your account, that’s. On Tuesday, Netflix revealed the main points of how its crackdown on password sharing will have an effect on viewers within the US and the way … Read more