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New York City Sheds 30,000 Jobs As Restaurants Face Mounting Financial Pressure
New York City Sheds 30,000 Jobs As Restaurants Face Mounting Financial Pressure
It turns out that more suffocating regulation in one of the most aggressively regulated cities in the U.S. is not helpful to businesses...go figure...In fact, rising operating costs, bureaucratic delays and persistent inflation are putting growing pressure on New York City businesses, with restaurant owners warning that operating in the five boroughs is becoming increasingly difficult, according to MSN/NY Post. The strain is now showing up in employment figures. A new report from City Comptroller Mark Levine found that New...
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Does China Have Enough Water For Its Thirsty AI Data Centers?
Does China Have Enough Water For Its Thirsty AI Data Centers?
Authored by James Gorrie via The Epoch Times,
According to China's Ministry of Water Resources, China has nearly one-fifth of the world's population but only about 6 percent of global freshwater resources.
That presents planners in Beijing with a challenging problem: How to support 20 percent of humanity, more than 18 percent of global economic output, and an expanding digital economy, with a disproportionately small water resource?
Things become even more complicated because China's most economically developed regions are not necessarily where...
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