Similar Stories to Market Snapshot: Stock Market Edges Lower After Weak U.s. Data As Investors Await Fed’s Powell on Bing News

Tesla plans to host a launch event for its robotaxi on Aug. 8. Tesla has left out its goal of delivering 20 million vehicles a year by 2030 in its latest impact report published on Thursday, another sign the company is tempering its auto ambitions as it shifts focus to robotaxis.

The failure to look for this trait directly impacts the ability to best serve a multigenerational workforce and customer base, this tech leader writes. The tech sector has a growing skills gap, but it’s not what you think. Even though many (54%) businesses are aware of this void, the majority focus their attention on driving improvement in the wrong area.

The multinational is adding to a growing legion of iconic companies that have split up their different businesses, such as GE and Kellogg. Multinational chemicals company DuPont de Nemours announced Wednesday that it will split into three independent publicly traded companies, separating its electronics and water businesses from its core business, which will carry on as a diversified industrial company.

The business groups claim the mandatory overtime pay rule would force businesses to cut jobs and limit workers’ hours. A coalition of U. S. business groups has filed a lawsuit seeking to block a Biden administration rule that would extend mandatory overtime pay to 4 million workers, saying it goes too far.

Buying HubSpot would make Google a competitor in the so-called customer relationship management sector, which Microsoft caters to. Google parent Alphabet’s potential acquisition of HubSpot, a U. S. marketing software maker with a market value of $31 billion, would boost its ability to compete against Microsoft in offering cloud-based applications to companies.

While antidiscrimination laws exist, those who study AI discrimination say it’s a different beast, which the U. S. is already behind in regulating. The first attempts to regulate artificial intelligence programs that play a hidden role in hiring, housing and medical decisions for millions of Americans are facing pressure from all sides and floundering in statehouses nationwide.