Month: June 2022

President Biden asked Congress on Wednesday to lift the federal fuel tax for three months in a bid to reduce excessively high prices at the pump, but resistance in Congress—even from the President’s own party—could stymie the idea altogether.

In a four-point plan, Biden said told legislators to consider suspending the $0.24 federal tax per gallon of diesel and the $0.18 per gallon tax on gasoline for 90 days and recommended that states also lift their state taxes on fuels.

The President also called on oil companies to use their profits to boost refining capacity and on fuel retailers to pass on the reduction in prices resulting from the potential lifting of federal taxes to customers.

“I fully understand that a gas tax holiday alone is not going to fix the problem but it will provide families some immediate relief, just a little bit of breathing room, as we continue … Read more

Biotech stocks are starting to move higher as longer-term rates decline. The sector is very cheap with strong long-term fundamentals. Amgen (AMGN), Biogen (BIIB), and Bio-Techne (TECH) are 3 top…

Source link … Read more

Rail companies and unions edged closer towards a deal yesterday with bosses at Network Rail hinting that they had put together a package that met one of the RMT’s key demands to end strike action.

The state-owned company had previously refused to rule out compulsory redundancies as part of efficiency savings that it was demanding in return for an improved pay offer.

“We think we’ve got a package of no compulsory redundancies and some other long sought-after things that the union and our employees have been after,” he told the BBC. “We want to move forward with that package but we can only do that once we are clear that the productivity [gains] to pay for it are in place. At the moment the union is refusing to agree with that.”

Yesterday 40,000 members of the union walked out for a second day of nationwide action, shutting much of the … Read more

Being recognized as a trusted advisor to the world’s largest technology firms and an executive analyst for Fortune 500 organizations is a commendable milestone that isn’t easy to achieve. Making it possible with a vast experience of 25 plus years, Ritu Jyoti is setting incredible standards. Currently, she serves as the Group VP for AI & Automation Research and Market Advisory Services at International Data Corporation tasked with serving as Global AI Research Lead, and driving AI thought leadership. She is a tenacious leader who thrives in ambiguous situations and environments.

IDC is a premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and investment communities make fact-based decisions on technology purchases and business strategies. Ritu is justifying her role by providing strategic insights to help its clients achieve their key business objectives. She … Read more

There are many benefits to employing a remote dev team. You’re opening yourself up to find the best IT talent, and how that gives you the opportunity to hire some really remarkable people.

But hiring remote dev teams isn’t just about the people, even we’ll admit that. Hiring remotely helps your company meet its targets for carbon footprint reduction. It also saves you money; you’ll need less square footage of office space and less equipment to go on them.

And if all that wasn’t enough, remote dev teams are more robust. By their very nature, they are a built-in fail-safe against problems that would bring a regular group to a standstill. Issues like these:

1. Network Failures

Have you ever lost a day or more to a company-wide network outage? Frustrating, isn’t it. Maybe it’s a hardware failure, or perhaps someone took the bait on a phishing attempt, and your Tech … Read more