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Hope they stay away from those at TRP …. :)From what I've been reading on MFO Vanguard seems to have a lot of well-trained and helpful customer service people. Maybe Fidelity can steal some of those folks.
:)
☞ Free link to the New York Times ArticleAround the country, solar companies are delaying projects, scrambling for supplies, shutting down construction sites and warning that tens of billions of dollars — and tens of thousands of jobs — are at risk.
The tumult is the result of a decision by the Commerce Department to investigate whether Chinese companies are circumventing U.S. tariffs by moving components for solar panels through four Southeast Asian countries.
Though officials have not yet found any evidence of trade violations, the threat of retroactive tariffs has effectively stopped imports of crystalline silicon panels and components from Cambodia, Malaysia, Thailand, and Vietnam. These four countries provide 82 percent of the most popular type of solar modules used in the United States.
The Commerce Department initiated its investigation on March 25 after Auxin Solar, a small solar panel manufacturer based in California, filed a petition requesting an inquiry into whether China was circumventing rules intended to prevent state-subsidized solar parts from flooding the U.S. market.
Until now, the Commerce Department had signaled that because the parts coming from China were substantially transformed by the companies in Southeast Asia, those components were not subject to the tariffs.
But if the Commerce Department finds that the panels coming from Southeast Asia included Chinese-made parts that should have been subject to tariffs, panels sold in the United States after the start of the investigation could carry steep duties. And the threat of those additional costs has caused shipments of solar panels to grind to a halt.
The process for evaluating trade disputes is a complex system designed to prevent political interference. Commerce Secretary Gina Raimondo this week said that her department was legally obliged to pursue the issue.
☞ Free link to WSJ ArticleFidelity Investments said it plans to hire another 12,000 people by September. The Boston financial firm expects to end the year with as many as 68,000 employees, up about 19% from the start of 2022, building on a hiring spree that began in late 2020. Fidelity hired 7,200 associates that year and another 16,600 in 2021. The bulk of the new hires will be in client-facing and technology roles.
Fidelity, a private company controlled by the Johnson family, reported an operating profit of $8.1 billion in 2021. Revenue rose 15%.
Fidelity said it ended the first quarter with 33.4 million brokerage accounts, up 3% since December and more than 40% since the end of 2019, when individual accounts numbered 22.5 million.
Probably found a better gig.Ms. So's Rondure stay was rather short - she arrived October 2020.
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