Autos & TransportationHow Ford burned $12 billion in Brazil
Marcelo Rochabrun
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The Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. REUTERS/Wolfgang Rattay
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A century ago Henry Ford came to Brazil and established the town of Fordlandia, hoping to become an Amazonian rubber baron, but retreated deep in the red.
Now the automaker he founded is once again licking its Brazilian wounds, having abandoned production in the challenging market after burning through roughly 61 billion reais ($11.6 billion) in the past decade.
Ford Motor Co (F.N) announced the closure of its manufacturing plants in January, dealing a heavy blow to its more than 5,000 workers in the country and almost 300 dealerships.
United KingdomUK pubs and restaurants enjoy ringing tills after COVID rules relax
David Milliken
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People dine inside a restaurant, amid the outbreak of the coronavirus disease (COVID-19), in Chinatown, London, Britain, 18 May 2021. REUTERS/Hannah McKay
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Spending at British pubs and restaurants has surged since coronavirus rules were relaxed on Monday to allow people to eat and drink indoors for the first time in months, industry data showed on Thursday.
Figures from card processor Barclaycard Payments showed spending at pubs and bars since Monday was 171% higher than the previous week, while restaurant sales were 58% higher.
Barclaycard Payments Chief Executive Rob Cameron, said pent-up demand for socialising has brought the welcome sound of ringing tills to restaurants, pubs and bars across the country .
Management Change In Company Led To Reduced Vacation Time, Employee Of 40 Years Maliciously Complies And Screws Company Over BoredPanda staff
Working in a company for many years, decades even, can be a great thing: you know everyone and everything. You’re an expert in the job that you have, you have respect from others and most probably are satisfied with the pay, working hours, and other things that go into the contract.
So if those things are changed, for example, when the company is sold, it can really be a deal breaker, especially if those changes have to do with vacation days. Reddit user Rusticwhiskey shared a story of how an employee that had worked for the company for four decades got his revenge for reducing his vacation days.