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"May be less left behind as more people do start businesses you can now more readily hire somebody to do your bookkeeping who lives somewhere else Davis says other non -tech businesses are gaining from those tech layoffs too there's a need for tech workers in many sectors economy of the and the fact that there's a little less demand for them in kind of the traditional high -tech sectors means it's easier to scoop up talent talent at least a quarter of which still works remotely Joan Doniger Bloomberg radio and i'm leslie lotto in the bloomberg newsroom here are some of the stories we're following the biden administration says it's buying six million more barrels of crude oil for the strategic petroleum the purchases to help slowly refill the emergency stockpile are set for october and november as the country's oil reserve is at its lowest point in four decades it also follows the work one hundred eighty million barrel drawdown due to russia's invasion of ukraine plus other leases mandated by congress altogether the biden administration is expected to purchase a total of roughly twelve million barrels this year at the same time it's getting crazy in california the price for a gallon of houses just about five dollars a gallon again depending where you live the automobile club of southern california says the current local average cost of a gallon of self -serve is four ninety four a gallon force and higher than last week's average but a penny less than last month's price but unbelievably a dollar twenty six lower than one year ago chinese tech company ant group is eyeing buying back shares for way less than they were at the IPO price Bloomberg's Denise greeny why explains sources say ant is proposing to buy back as much as seven point six percent of shares at a value that is seventy percent lower than the twenty billion dollar valuation the company had around the time of its scrapped IPO we're we're hearing the idea is to encourage investors to pair back their stakes if they want to instead of selling outright and this could also help retain talent shares of the tech company backed by Jack Ma have been sliding amid a long crackdown by Chinese regulators on ant and other tech companies in the country and regulators slapped more than a billion dollars fines in on ant and ten cent combined earlier this week Denise Pellegrini Bloomberg radio long list of women are leaving their high -powered high -earning jobs in Germany the latest Amanda rage Kumar announced her departure from adidas as head of global human resources last month saw Christiana Riley leave the investment arm of Deutsche Bank where she was one of only two women on its nine person management management board and after ETF executive Fiona Bassett left the bank weeks before the University North of North Carolina at Chapel Hill will increase financial aid and outreach to applicants in lower -income communities we get more from Bloomberg's Charlie pellet it comes after the US Supreme Court effectively barred colleges from using race as a factor in admissions as part of the program UNC will provide free tuition and fees for state residents whose families earn under $80 ,000 annually beginning in 2024 the public university will also hire more admission officers to recruit students and increase awareness of the new program charlie pellet bloomberg radio golden is 24 hours a day powered by more than 2 ,700 journalists and analysts in over 120 countries I'm lotto Leslie and this is Bloomberg if you love them enough to listen to them same song on tuba over over and over and over and over then surely you'll check nhtsa .gov slash the right seat to make sure they're correctly doubled in the backseat sounds good honey check today at nhtsa .gov slash the right seat brought to you by the national highway traffic safety administration act council and the when news breaks across the globe bloomberg radio is there from asia u .s u treasury secretary janet yallon is meeting chinese premier lee kiang to europe the russian president defused the biggest threat to his grip on power in two decades and anywhere in the world news happens joining us from bangkok bloomberg chief national correspondent hoslinda ahmed bloomberg's greg sullivan begins our global team coverage from budapest let's go live to istanbul bloomberg on 145 over 92 180 over 111 i had a heart attack and a cardiac arrest and then a stroke your blood pressure numbers could change your life lowering your high blood pressure could save you from a heart attack or stroke if you've stopped your treatment plan restart it or talk to doctor your about creating one that works better for
