Why Your New Car Might Smell Worse Than Grandma's Customers worldwide are complaining about unpleasant smells inside vehicles, yet the exact cause remains unknown.
Buffet's Will Update: $130 Billion for Children's Trust, Sons and Daughter Decide Warren Buffet announced that he would leave almost all of his wealth to a public-interest trust managed by his three children after his death.
U.S. Army Strikes $4.5 Billion Deal with Lockheed Martin for Advanced Missile Defense The U.S. Army has signed a multi-year contract worth $4.5 billion for Lockheed Martin's air defense Patriot missile system.
IMF Criticizes Economic Policies, Warns U.S. of Fiscal Deficit The International Monetary Fund (IMF) has pointed out that the trade restrictions implemented by the United States to counter China are having negative effects on both the U.S. and global economies. The IMF is increasingly criticizing U.S. economic policies. On June 27, the IMF made this announcement in a statement following their annual consultation with […]
Tesla's Grip Slips: U.S. Market Share Plummets Below 50% As of April 2024, Tesla, the largest EV company in the US, held less than 50% of the new electric vehicle market share in the country.
Chinese Car Brands to Dominate 33% of Global Sales by 2030 Vehicle sales outside China are projected to increase from 3 million units this year to around 9 million units by 2030.
UK Auto Market Predicts Massive Expansion by 2035 The UK's Society of Motor Manufacturers and Traders (SMMT) urges the next government to collaborate closely with the automotive industry.
Tesla's Dominance Challenged: U.S. Market Share Could Dip Below 50% According to data from MarkLines, Tesla's sales in the U.S. market from June to May this year amounted to 618,000 units.
Wall Street Breathes Easy: U.S. Banks Ace Federal Stress Tests Major U.S. banks were found to have robust financial health and strong enough to withstand a global recession. On June 26, Yahoo Finance reported that in the Federal Reserve’s stress tests, 31 large U.S. banks showed financial soundness despite the relaxation of minimum capital requirements. This assessment hypothesized a situation in the next two years […]
Montana Faces Economic Blow with Potential Mine Closure The Montana palladium mine owned by Sibanye Stillwater, a South African mining company, is expected to shut down.
IMF Warns: U.S. Trade Sanctions on China Could Backfire on Economy The IMF has pointed out that trade sanctions against China negatively impact both the global and U.S. economies.
How NVIDIA's Early Bet on AI Paid Off Big Time On June 26, Nvidia CEO Jensen Huang, stated, “Nvidia’s dominance in the AI chip field was due to a decision made over a decade ago.” Speaking at the annual shareholders meeting that day, Huang said, “With billions of dollars in AI investments and a team made up of thousands of engineers, we have become an […]
Amazon to Roll Out Cheap Goods to Trump Temu and Shein With fierce competition from Chinese e-commerce platforms, Amazon is launching a dedicated section exclusively for ultra-low-priced products.
46% of American EV Owners Might Go Back to Gas-Powered Vehicles 46% of American EV owners responded that they intend to switch to a gas-powered car in their next purchase, according to a recent survey.
Volkswagen Backs Rivian with $5 Billion: New Era for Electric Vehicles Begins Volkswagen Group announced Tuesday that it is establishing a joint venture with Rivian for next-generation electric vehicles.
Tesla's Cybertruck Woes Continue with Major Recall Tesla announced on Tuesday that it is recalling up to 20,000 units of its Cybertruck pickup, marking the fourth vehicle recall.
Microsoft in Hot Water: EU Challenges Teams App Sales Strategy The European Union (EU) has reached a preliminary conclusion that Microsoft’s practice of bundling its video conferencing app, Teams, constitutes a violation of antitrust laws. The EU announced the results of an investigation stating that Apple also violated the EU’s tech company regulation law, the Digital Market Act (DMA), showing a tough stance against American […]
Israel Pours $250 Million into National AI Program, Eyes Global Leadership The chief executive of the state-backed Israel Innovation Authority said Israel is set to launch its first supercomputer on Wednesday.
Fatal Fire in Korea Highlights Reliance on Migrant Labor for Undesirable Jobs Amidst the confirmation that most of the fatalities in the fire at the Aricell factory in Hwaseong, Gyeonggi Province on June 24 were foreign temporary workers. Media outlets have highlighted the increasing dependence on foreign labor in South Korea. AP News and The New York Times (NYT) reported on June 25 that “a fire at […]
Bentley's Latest: Ultimate Grand Tourer GT Speed Revealed Bentley Motors, a Volkswagen Group subsidiary, unveiled the 4th generation, The New Continental GT Speed.
Why Your New Car Might Smell Worse Than Grandma's Customers worldwide are complaining about unpleasant smells inside vehicles, yet the exact cause remains unknown.
Buffet's Will Update: $130 Billion for Children's Trust, Sons and Daughter Decide Warren Buffet announced that he would leave almost all of his wealth to a public-interest trust managed by his three children after his death.
U.S. Army Strikes $4.5 Billion Deal with Lockheed Martin for Advanced Missile Defense The U.S. Army has signed a multi-year contract worth $4.5 billion for Lockheed Martin's air defense Patriot missile system.
IMF Criticizes Economic Policies, Warns U.S. of Fiscal Deficit The International Monetary Fund (IMF) has pointed out that the trade restrictions implemented by the United States to counter China are having negative effects on both the U.S. and global economies. The IMF is increasingly criticizing U.S. economic policies. On June 27, the IMF made this announcement in a statement following their annual consultation with […]
Tesla's Grip Slips: U.S. Market Share Plummets Below 50% As of April 2024, Tesla, the largest EV company in the US, held less than 50% of the new electric vehicle market share in the country.
Chinese Car Brands to Dominate 33% of Global Sales by 2030 Vehicle sales outside China are projected to increase from 3 million units this year to around 9 million units by 2030.
UK Auto Market Predicts Massive Expansion by 2035 The UK's Society of Motor Manufacturers and Traders (SMMT) urges the next government to collaborate closely with the automotive industry.
Tesla's Dominance Challenged: U.S. Market Share Could Dip Below 50% According to data from MarkLines, Tesla's sales in the U.S. market from June to May this year amounted to 618,000 units.
Wall Street Breathes Easy: U.S. Banks Ace Federal Stress Tests Major U.S. banks were found to have robust financial health and strong enough to withstand a global recession. On June 26, Yahoo Finance reported that in the Federal Reserve’s stress tests, 31 large U.S. banks showed financial soundness despite the relaxation of minimum capital requirements. This assessment hypothesized a situation in the next two years […]
Montana Faces Economic Blow with Potential Mine Closure The Montana palladium mine owned by Sibanye Stillwater, a South African mining company, is expected to shut down.
IMF Warns: U.S. Trade Sanctions on China Could Backfire on Economy The IMF has pointed out that trade sanctions against China negatively impact both the global and U.S. economies.
How NVIDIA's Early Bet on AI Paid Off Big Time On June 26, Nvidia CEO Jensen Huang, stated, “Nvidia’s dominance in the AI chip field was due to a decision made over a decade ago.” Speaking at the annual shareholders meeting that day, Huang said, “With billions of dollars in AI investments and a team made up of thousands of engineers, we have become an […]
Amazon to Roll Out Cheap Goods to Trump Temu and Shein With fierce competition from Chinese e-commerce platforms, Amazon is launching a dedicated section exclusively for ultra-low-priced products.
46% of American EV Owners Might Go Back to Gas-Powered Vehicles 46% of American EV owners responded that they intend to switch to a gas-powered car in their next purchase, according to a recent survey.
Volkswagen Backs Rivian with $5 Billion: New Era for Electric Vehicles Begins Volkswagen Group announced Tuesday that it is establishing a joint venture with Rivian for next-generation electric vehicles.
Tesla's Cybertruck Woes Continue with Major Recall Tesla announced on Tuesday that it is recalling up to 20,000 units of its Cybertruck pickup, marking the fourth vehicle recall.
Microsoft in Hot Water: EU Challenges Teams App Sales Strategy The European Union (EU) has reached a preliminary conclusion that Microsoft’s practice of bundling its video conferencing app, Teams, constitutes a violation of antitrust laws. The EU announced the results of an investigation stating that Apple also violated the EU’s tech company regulation law, the Digital Market Act (DMA), showing a tough stance against American […]
Israel Pours $250 Million into National AI Program, Eyes Global Leadership The chief executive of the state-backed Israel Innovation Authority said Israel is set to launch its first supercomputer on Wednesday.
Fatal Fire in Korea Highlights Reliance on Migrant Labor for Undesirable Jobs Amidst the confirmation that most of the fatalities in the fire at the Aricell factory in Hwaseong, Gyeonggi Province on June 24 were foreign temporary workers. Media outlets have highlighted the increasing dependence on foreign labor in South Korea. AP News and The New York Times (NYT) reported on June 25 that “a fire at […]
Bentley's Latest: Ultimate Grand Tourer GT Speed Revealed Bentley Motors, a Volkswagen Group subsidiary, unveiled the 4th generation, The New Continental GT Speed.
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