Amazon Can’t Get Out of Big Tech’s Meeting Hell

Andy Jassy probably shouldn’t take it personally. Amazon . com’s new-ish chief executive led his first annual meeting for the company on Wednesday. He was greeted with 15 shareholder-sponsored proposals—the most Amazon has ever faced. The company unsurprisingly recommended “no” votes on all the measures, and almost as unsurprisingly, none actually passed.

Why have Sri Lanka’s tea exports plummeted? | The Hindu – The Hindu

Why have Sri Lanka’s tea exports plummeted? | The Hindu  The Hindu

Apple To Hike Pay By 10% For These Workers

Apple, Inc. AAPL has reportedly followed up on its February pay increases for its store employees with another. What Happened: Cupertino is raising salaries for store employees in the U.S. by 10% or more, to at least $22 per hour, the Wall Street Journal reported, citing an email from the company to workers. See Also: How To Buy … Read more

Higher gas prices are ‘accepted’ by Americans amid travel demand, energy economist says

3 Solutions VP of Public Policy Nick Loris discusses how inflation is deeply impacting Americans ahead of the summer season.  As gas prices are expected to hit a record high ahead of the Memorial Day weekend and summer season, an energy economist argued that Americans have “accepted” the costs amid demand for more travel.  “This … Read more

Rishi Sunak announces £5bn windfall tax on energy firms to ease cost of living crisis – Guardian News

Rishi Sunak announces £5bn windfall tax on energy firms to ease cost of living crisis  Guardian News

More Memorial Day travel expected, despite high gas prices

LOS ANGELES (AP) — To drive, or not to drive? This Memorial Day weekend, with surging gas prices that are redefining pain at the pump, that is the question for many Americans as a new COVID-19 surge also spreads across the country. For Marvin Harper, of Phoenix, his family’s weekend travel plans are a double … Read more

US truckers talk ‘unprecedented’ diesel price surge

A truck driver explains what he’s doing to deal with the surge in prices.  U.S. truckers discussed the “unprecedented” diesel price surge on Thursday, noting that the situation is posing a real crunch for drivers and explained what they are doing to try and alleviate the burden.  “It’s an unprecedented first time that we’ve seen this … Read more

VC firm Sequoia’s warning: Cut costs, preserve cash – CNBC Television

VC firm Sequoia’s warning: Cut costs, preserve cash  CNBC Television Sequoia coaches start-ups to cut costs or face a ‘death spiral’ amid stock market slump, bleak economic backdrop  CNBC Sequoia Capital Warns Founders After ‘Crucible Moment’  Bloomberg 5 takeaways from Sequoia’s “Adapting to Endure” presentation  Fast Company Sequoia Capital sees a prolonged downturn, urges startups to save cash  Markets Insider … Read more