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EV incentives or disincentives?

“Proposed tax credits of up to $7,500 for electric vehicles under the Inflation Reduction Act could be counterintuitive for sales of EVs, according to several companies and a group representing major automakers such as General Motors, Toyota Motor and Ford Motor. The new rules would raise a sales threshold for qualification, but would impose materials …

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Job cuts

“Sweetgreen lowered its 2022 forecast, citing weaker sales that began around Memorial Day. The chain said it laid off 5% of its support center workforce and will downsize to a smaller office building to lower its operating expenses.” — CNBC

Job cuts

“iRobot said it would cut about 140 employees, or 10% of its workforce as it faces rising costs and falling revenue.” — CNBC

Job cuts

“ChowNow, a startup that builds branded online ordering systems for restaurants, today announced layoffs internally, TechCrunch has learned. According to several sources who spoke to this reporter on the condition of anonymity, around 100 people were affected across teams, including onboarding, operations and sales.” “Elsewhere, “instant” delivery company Gopuff announced this week that it would …

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Kosovo

“Kosovo’s government has postponed for a month the implementation of new border rules that sparked tensions in the north of the country where ethnic Serbs blocked roads and unknown gunmen fired on police.” — Aljazeera “Kosovo declared its independence from Serbia on February 17, 2008. In its declaration of independence, Kosovo committed to fulfilling its …

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