GM plans B in cost cuts after record 2022 earnings

GM plans $2B in cost cuts after record 2022 earnings

GM stated its complete-calendar year EBIT of $14.5 billion, up 1.3 p.c, was a firm history. Its net cash flow for all of 2022 slipped .8 percent to $9.9 billion as earnings rose 23 percent to $156.7 billion. GM’s fourth-quarter modified financial gain in North The usa soared 69 percent to $3.7 billion. Shares in

New technique from U.S. national lab to remove CO2 at record-low cost

New technique from U.S. national lab to remove CO2 at record-low cost

A scientist at Pacific Northwest National Laboratory looking at the carbon capture system technology. Photo courtesy Andrea Starr at Pacific Northwest National Lab. Photo courtesy Andrea Starr at Pacific Northwest National Lab. Scientists at one of the country’s premier research labs have discovered a record-cheap way to capture carbon dioxide as it’s emitted from power

‘The Sacrifice Zone’: Myanmar bears cost of green energy

‘The Sacrifice Zone’: Myanmar bears cost of green energy

The birds no longer sing, and the herbs no extended develop. The fish no extended swim in rivers that have turned a murky brown. The animals do not roam, and the cows are at times identified useless. The men and women in this northern Myanmar forest have missing a way of daily life that goes

China’s Alibaba and Tencent focus on cost cuts amid slowing growth

China’s Alibaba and Tencent focus on cost cuts amid slowing growth

Alibaba has confronted expansion challenges amid regulatory tightening on China’s domestic know-how sector and a slowdown in the world’s 2nd-largest financial system. But analysts think the e-commerce giant’s growth could select up by the relaxation of 2022. Kuang Da | Jiemian News | VCG | Getty Photos Chinese tech giants Alibaba and Tencent typically talk

‘Revenge spending’: demand for fashion defies cost of living crunch | Retail industry

‘Revenge spending’: demand for fashion defies cost of living crunch | Retail industry

As the price tag of residing crisis builds up United kingdom customers are slashing their budgets in pretty much all places. But there is a noteworthy exception – the income invested on garments is over pre-pandemic concentrations, the return of weddings, holiday seasons and socialising fuelling a increase in “revenge spending” or getting these treats

How to buy great fashion that doesn’t cost the earth | Money

How to buy great fashion that doesn’t cost the earth | Money

Do a wardrobe audit In the UK, the average person owns 115 items of clothing, 30 of which have never been worn. So, before you buy any more, go through your whole wardrobe. Pull everything out; reacquaint yourself with that once-loved dress and consider whether repairs or alterations would breathe new life into what you

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