DoorDash testing drone delivery at a Wendy's in tiny Virginia town: The Wing drones can fly as high as 150 feet and travel at speeds up to 65mph.
businessinsider.com/doordash-testing-drone-delivery-wendys-virginia-town-2024-3
Paid articlePaid
DoorDash plots expansion outside core restaurant business in US - FT: Potential expansion comes as the company looks for ways to invest growing cash pile
theglobeandmail.com/world/article-doordash-plots-expansion-outside-core-restaurant-business-in-us-ft/
Nomura profits surge as Japan’s stock market breaks bubble-era record: Investment bank and brokerage boosted by soaring stock and fixed-income trading
ft.com/content/1b2ec092-ed94-4624-9c8f-3a80e76b894a
Sequoia commits to backing Elon Musk’s xAI start-up: Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivals
ft.com/content/fc8355e6-3219-4681-a4da-73feca50cd8a
Quick Glance: Sequoia backs Elon Musk’s xAI venture
- Sequoia Capital, a well-known venture capital firm in Silicon Valley, has committed to supporting Elon Musk's artificial intelligence start-up xAI to help him raise billions and compete with OpenAI, Meta, and Google.
- The exact amount of Sequoia's investment in xAI remains undisclosed.
- Sequoia, an early investor in Google, YouTube, and Apple, has backed several Musk projects in recent years, including The Boring Company and SpaceX.
Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
- Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.
- Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.
- The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.
- Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
The Chips Act has been surprisingly successful so far: More than halfway through its incentives spending, the US will have far greater scope to manage shocks
ft.com/content/26756186-99e5-448f-a451-f5e307b13723
Treasurer Jim Chalmers wants stronger foreign investment rules. What does that mean?
smh.com.au/national/treasurer-jim-chalmers-wants-stronger-foreign-investment-rules-what-does-that-mean-20240425-p5fmge.html
The parent of Facebook and Instagram lost some $150 billion in market value after CEO Mark Zuckerberg said the company is going to invest aggressively in AI ... Show more
Google plans $3 bln data center investment in Indiana, Virginia: Alphabet unit Google said on Friday it would invest $3 billion to set up a data center campus in ...
reuters.com/technology/google-plans-3-bln-data-center-investment-indiana-virginia-2024-04-26/
Toyota Makes $1.4 Billion EV Investment in Indiana Facility: The latest financing effort follows an additional $1.3 billion investment at its flagship Kentucky ...
wsj.com/business/autos/toyota-makes-1-4-billion-ev-investment-in-indiana-facility-594607ac
Toyota preps new large electric SUV, is this the Highlander EV we’ve been waiting for?
electrek.co/2024/04/25/toyota-preps-new-electric-suv-us-highlander-ev/
“Columbia is investing in companies which make the bombs that are dropping in Gaza.” University of Columbia graduate student, Catherine Elias ... Show more
Only Half of Global Interest Rate Hikes Set to Be Taken Back by End-2025: Major advanced economy central banks are likely to take back less than half of the ...
bloomberg.com/news/articles/2024-04-26/only-half-of-global-rate-hikes-set-to-be-taken-back-by-end-2025
Paid articlePaid
Meta’s stock plunges on ‘aggressive’ AI spending plans: Shares in Meta plunged in premarket trading Thursday as the company’s plans to “invest aggressively” in ...
cnn.com/2024/04/25/investing/meta-stock-plunges-ai-spending/
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
US GDP rose 1.6% in the first quarter of 2024, far below the forecast: The US economy began 2024 with cooler growth than the forecast. In the first quarter of ...
businessinsider.com/gdp-gross-domestic-product-first-quarter-economy-growth-2024-4
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
UAE: Indians, Pakistanis among top investors in Sharjah property - News | Khaleej Times
khaleejtimes.com/uae/indians-pakistanis-among-top-investors-in-sharjah-property
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
OH, SHIP! Jeffries Financial Group executive Rich Handler reportedly has his eye on a 164-foot boat currently owned by billionaire Tilman Fertitta. Jefferies CEO Rich Handler cashes in more than $65M in stock to buy yacht | Fox Business
Amazon unit plans to invest $11 billion to data center in Indiana: Amazon’s cloud computing unit Amazon Web Services plans to invest $11 billion to build a data ...
apnews.com/article/amazon-aws-indiana-data-center-planned-investment-ccdad82728a72025f37383e3811f13f6
Biden: We're gonna be sending equipment to Ukraine in the next few hours: US President Joe Biden has announced that the first batch of aid to Ukraine under the ...
pravda.com.ua/eng/news/2024/04/24/7452796/
Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
- President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.
- Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.
- The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.
- Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
The Sports Bra announces plans to franchise with investment from Reddit co-founder Alexis Ohanian
oregonlive.com/sports/2024/04/the-sports-bra-announces-plans-to-franchise-with-investment-from-alexis-ohanian.html
Quick Glance: The Sports Bra Announces Franchising Plans with Investment from Reddit Co-Founder Alexis Ohanian
- The Sports Bra, a now-iconic Portland destination that made history as the first women’s sports bar in the world, has announced plans to franchise and expand into other cities.
- Investment from Reddit co-founder Alexis Ohanian - the husband of tennis legend Serena Williams - will fund the effort in partnership with Ohanian’s 776 Foundation. All returns from the investment will be invested back into girls’ and women’s sports via the foundation, the Sports Bra wrote in a post on Instagram.
- Owner Jenny Nguyen opened The Sports Bra in Portland in 2022, and the business thrived in a city and state that has consistently showcased strong support for women’s sports.
- But the growing hype around women’s sports is not unique to Portland. The popularity of women’s professional sports has seen a significant national uptick thanks, in part, to the emerging stardom of athletes like Sophia Smith, Caitlin Clark and others.
Alexis Ohanian makes an unprecedented investment in women’s track: Seeing “tremendous upside” in the sport, the billionaire is funding a women-only event this ...
washingtonpost.com/sports/olympics/2024/04/23/alexis-ohanian-is-funding-women-only-track-event-this-fall/
Danish Carlsberg Group to invest about US$50.5 million in Ukrainian business: The Danish Carlsberg Group will invest about UAH 2 billion (approx. US$50 ...
pravda.com.ua/eng/news/2024/04/24/7452793/
Google invests $640 mln in new data centre in Netherlands: Alphabet-owned Google is investing 600 million euros ($640.62 million) in a new data centre in the ...
reuters.com/technology/google-invests-640-mln-new-data-centre-netherlands-2024-04-23/
UAE: Some residents sell gold, jewellery as prices of yellow metal hit record - News | Khaleej Times
khaleejtimes.com/business/uae-some-residents-sell-gold-jewellery-as-prices-of-yellow-metal-hit-record
Rabbit R1 launch party was a foot-aching 1 hour and 12 minutes, but these 9 features are sick
mashable.com/article/rabbit-r1-launch-party
Quick Glance: Rabbit R1: More Fun and Accessible than Humane AI Pin
- The Rabbit R1 is a compact AI companion with a screen and camera.
- Compared to the Humane AI Pin, the R1 is more affordable and user-friendly.
- R1 offers a range of features like image recognition and a personal touch.
- Rabbit promises continuous improvements and new features for the R1.
Why recycling metal is an opportunity too good to waste: Recycling energy-transition metals from battery, electric vehicles and renewable energy products offers ...
weforum.org/agenda/2024/04/why-recycling-metal-is-an-opportunity-too-good-to-waste/
Equities platform Midas raises $45M Series A as fintech retains its sparkle in Turkey
techcrunch.com/2024/04/19/equities-platform-midas-raises-45m-series-a-as-fintech-retains-its-sparkle-in-turkey/
Quick Glance: Midas Raises $45M in Series A Funding
- A fintech startup called Midas has successfully raised $45 million in a funding round led by Portage Ventures of Canada. This enables investors in Turkey to invest in US and Turkish equities.
- With over 2 million users in Turkey's retail market, Midas offers lower transaction and commission fees for Turkish customers. Additionally, the company provides financial content, real-time stock market data and news, as well as company profiles to educate the market.
- The new funding is intended to introduce three new products: cryptocurrency trading, mutual funds, and savings accounts. Midas plans to expand beyond Turkey and target countries in the MENA region.
- Other participants in the round included International Finance Corporation, Spark Capital, Earlybird Digital East Fund, and Revo Capital. Previously, Midas had already completed a $11 million seed round in 2022 and aims to strengthen its presence in the Turkish financial sector.
Everton Is Back on Market as Deal With 777 Partners Falters: With a proposed sale stalled seven months after it was announced, a financially strapped Premier ...
nytimes.com/2024/04/22/business/everton-sale-777-partners.html
Thames Water could hike bills by £200 a year to help cut sewage spills: Bill set to hit £627 by 2030 to pay for investment projects
standard.co.uk/news/london/thames-water-bill-increase-sewage-spills-b1153027.html
Here's where the world's top 0.001% are putting their money, according to wealth experts
cnbc.com/2024/04/22/heres-where-the-worlds-0point001percent-are-putting-their-money-according-to-wealth-experts.html
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash: Asset manager’s chief has become a popular target for criticism over its ESG investing ...
ft.com/content/c1296bc4-978b-45c3-83db-c798d2439062
Cannabis use is indeed driving demand for snacks, delivery apps: Daily users of marijuana are reshaping the consumer economy by buying more frozen food ...
dallasnews.com/business/2024/04/20/cannabis-use-is-indeed-driving-demand-for-snacks-delivery-apps/
Corporations struggle on climate goals amid backlash over 'woke capitalism,' experts say
abcnews.go.com/US/corporations-struggle-climate-goals-amid-backlash-woke-capitalism/story
Insurance: Comprehensive or third-party liability, what’s the difference?: Knowing the main difference is key to making a decision that works for you
gulfnews.com/your-money/community-tips/insurance-comprehensive-or-third-party-liability-whats-the-difference-1.1713455746424
Dad of North Texas toddler who died of fentanyl poisoning waited hours to call 911: warrant
star-telegram.com/news/local/crime/article287765280.html
200 million investment: Bayern's plan for the summer transfer market: FC Bayern would like to invest a lot of money in the coming change period ...
fussballtransfers.com/a7664367459514909458-200-millionen-investment-bayerns-plan-fuer-den-sommertransfermarkt
Climate summit in Berlin: A world without coal: In times of tight national coffers, the question remains where the billions for the climate will come from ...
zdf.de/nachrichten/politik/ausland/petersberger-klimadialog-finanzierung-100.html
Most people want to go green but they are put off by the cost: Consumers want to “go green” but they are often dissuaded by the cost and practicalities of ...
independent.ie/business/personal-finance/most-people-want-to-go-green-but-they-are-put-off-by-the-cost/a1574511021.html
EU conducts ‘dawn raid’ on Chinese security equipment supplier: Separate Brussels probe targets Chinese medical market amid growing trade tensions with Beijing
ft.com/content/4aa9b10f-93bf-4af3-b5e0-e2865ad78af7
EU conducts ‘dawn raid’ on Chinese security equipment supplier: Separate Brussels probe targets Chinese medical market amid growing trade tensions with Beijing
ft.com/content/4aa9b10f-93bf-4af3-b5e0-e2865ad78af7
Souring China dreams force Western financial firms to cut costs: Just a few years ago, lucrative business prospects in China on the back of a booming economy led ...
reuters.com/world/china/souring-china-dreams-force-western-financial-firms-cut-costs-2024-04-22/
China sees foreign threats ‘everywhere’ as powerful spy agency takes center stage
cnn.com/2024/04/21/china/china-spy-agency-public-profile-intl-hnk/
Who pulls the strings of power in Iran? : Military confrontation with Israel highlights dominance of Ali Khamenei and Revolutionary Guards
ft.com/content/92bee739-88bd-45dc-bbd5-70ecfa76c2e8
40-year-old delivers for DoorDash to help pay down her $100,000 student loan debt—on top of her full-time job
cnbc.com/2024/04/18/millennial-works-works-3-jobs-to-pay-off-her-student-loans-in-houston.html
Sony Reportedly in Talks to Join a Bid to Buy Paramount - IGN: Sony is reportedly in talks to join a joint bid with investment firm Apollo Global Management to ...
ign.com/articles/sony-reportedly-in-talks-to-join-a-bid-to-buy-paramount
Descent 3 programmer releases the classic space shooter's source code, including a surprise patch developed 15 years ago but never released
pcgamer.com/games/fps/descent-3-programmer-releases-the-classic-space-shooters-source-code-including-a-surprise-patch-developed-15-years-ago-but-never-released/
‘Perfect landing spot.’ Apple plans to spend more in Vietnam as it looks beyond China
cnn.com/2024/04/18/tech/apple-vietnam-supply-chain-china/
Apple investing US$250 million to expand Ang Mo Kio campus: SINGAPORE: Apple has announced plans to pump in over US$250 million (S$340 million) to expand its Ang ...
channelnewsasia.com/singapore/apple-ang-mo-kio-campus-250-million-expand-4274201
Investment platform targets users in informal economy: While conducting their research at the university, three friends Titus Marenye, Njogu Kinyanjui and Samuel ...
nairobinews.nation.africa/investment-platform-targets-users-informal-economy/
Apple plans to invest more than $250 mln to expand Singapore campus: Apple Inc plans to invest more than $250 million to expand its regional campus or operations ...
reuters.com/technology/apple-plans-invest-more-than-250-mln-expand-singapore-campus-2024-04-18/
The Apprentice crown champion after tense finale as one candidate slips up: Lord Alan Sugar has crowned Rachel Woolford as the winner of this year's The ...
mirror.co.uk/tv/tv-news/breaking-bbc-apprentice-winner-2024-32619686
Death in Paradise star lands huge new role in BBC drama after quitting series: Tahj Miles, who played Officer Marlon Pryce in Death in Paradise ...
mirror.co.uk/tv/tv-news/death-paradise-star-lands-huge-32612608
South Korean firm looks at offshore wind investment: Shipbuilding giant HD Hyundai Heavy Industries is exploring investment opportunities in Scotland.
bbc.in/3U3iHDT
Stocks are headed for a 'reset' that could hurt returns for years: CIO: People's wealth could take a huge hit as the stock market peaks after one of the longest ...
markets.businessinsider.com/news/stocks/stock-market-correction-recession-outlook-economy-bear-market-metals-industrials-2024-4
Aussie roasted for ‘accidental’ home purchase: OnlyFans star and business owner, Karina Irby, has gone viral for revealing that she “accidentally” bought an ...
news.com.au/finance/real-estate/buying/young-aussie-roasted-for-claiming-she-accidentally-bought-a-new-home/news-story/f0d67f61901909d1a575fe82bf49fa23
Oracle to invest over $8 billion in Japan in cloud computing, AI: Oracle said on Wednesday it will invest more than $8 billion over the next 10 years to meet ...
reuters.com/technology/oracle-invest-over-8-bln-japan-cloud-computing-ai-2024-04-18/
Tesla's Musk likely to unveil $2-$3 bln India investment during visit, sources say
reuters.com/business/autos-transportation/teslas-musk-likely-unveil-2-3-bln-india-investment-during-visit-sources-say-2024-04-17/
“We will invest a very large sum of 19 billion shekels to make the settlements of the Gaza Strip available to generations.”
On Wednesday ... Show more
Apple says it wants to spend more on suppliers in Vietnam: Apple Inc wants to boost its investment in Vietnam, state media quoted the U.S ...
reuters.com/technology/apple-wants-spend-more-suppliers-vietnam-2024-04-16/
Boss behind Scarborough’s newly-approved zip line hopes project can ‘get town buzzing’ with investment and jobs
thescarboroughnews.co.uk/news/politics/council/boss-behind-scarboroughs-newly-approved-zip-line-hopes-project-can-get-town-buzzing-with-investment-and-jobs-4592684
Volkswagen announces R4bn investment in Kariega plant: Volkswagen Group Africa on Tuesday announced a R4bn investment in its manufacturing plant in Kariega ...
timeslive.co.za/motoring/news/2024-04-16-volkswagen-announces-r4bn-investment-in-kariega-plant/
Debt-for-nature swaps could give $100 billion boost to climate fight, says report
reuters.com/sustainability/debt-for-nature-swaps-could-give-100-billion-boost-climate-fight-says-report-2024-04-15/
Biden administration agrees to provide billions to Samsung to expand chip manufacturing in Texas
trib.al/UAwSwpn
Microsoft turns to the Middle East for its latest bet on AI: Microsoft will invest $1.5 billion in Abu Dhabi’s G42, an artificial intelligence group that has ...
cnn.com/2024/04/16/tech/microsoft-g42-ai/
Gary Stevenson was once Citibank’s highest-paid trader. Here’s what he learned: Investment Masterclass: confessions of a top ex-Citibank trader
Should we use savings to pay down mortgage or invest in shares?: Once you get to the point where your mortgage isn’t weighing you down, you can explore other ...
smh.com.au/money/borrowing/should-we-use-savings-to-pay-down-mortgage-or-invest-in-shares-20240416-p5fk5p.html
China’s GDP jumps 5.3% in first quarter: Growth rate beats expectations as Beijing tries to steer manufacturing-led economic revival
ft.com/content/211467a7-5f5f-4cc7-b6fd-cd4a34eb582e
Paid articlePaid Chevron arm launches $500 million fund to invest in low carbon technologies
reuters.com/sustainability/climate-energy/chevron-arm-launches-500-million-fund-invest-low-carbon-technologies-2024-04-16/
The German carmaker said the majority of the investment would be centred around preparing the Kariega plant to build a third model range from 2027 onwards ... Show more
Microsoft to invest $1.5 billion in Emirati AI firm G42 for minority stake: Microsoft is investing $1.5 billion in United Arab Emirates-based artificial ...
reut.rs/3VUVZk5
Quick Glance: Microsoft to Invest $1.5 Billion in Emirati AI Firm G42 for Minority Stake
- Microsoft is investing $1.5 billion in the United Arab Emirates-based artificial intelligence firm G42 to acquire a minority stake and a board seat.
- The partnership aims to deepen ties between the USA and the UAE amid the global battle for tech dominance.
- The deal includes G42 using Microsoft cloud services to run its AI applications.
- G42 and Microsoft plan to jointly bring advanced AI and digital infrastructure to countries in the Middle East, Central Asia, and Africa.
Auckland to Northland expressway will boost GDP by $1.2b a year, report shows: A four-lane expressway from Auckland’s Warkworth to Northland’s Kaikohe would have ...
nzherald.co.nz/northern-advocate/news/auckland-to-northland-expressway-will-boost-gdp-by-12b-a-year-report-shows/KWVVAXLM75FRZBZJ6QFINPPWJA/
Opinion | Why I’m Leaving Clark University: As a Jew and as a scholar, I feel a warmer welcome at Assumption, a Catholic institution.
on.wsj.com/4auNh0i
Small-time investors in Trump’s Truth Social reckon with stock collapse: Trump Media shareholders have voiced doubt and fury over the company’s plunging price ...
washingtonpost.com/technology/2024/04/14/truth-social-investors-faith-trump/
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
- The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.
- Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.
- The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.
- Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
Profits at Goldman Sachs rose 28% in the first quarter as investment banking revenues surged, giving CEO David Solomon some needed momentum at the start of ... Show more
Profits surge at Goldman Sachs on Wall Street revival
Profits surge at Goldman Sachs on Wall Street revival
Tech Tracker: Uber Eats launches a TikTok-like social feed for operators. Plus, DoorDash and Wendy’s partner for drone deliveries ... Show more
Tech Tracker: Uber Eats launches a TikTok-like social feed | Nation's Restaurant News
Tech Tracker: Uber Eats launches a TikTok-like social feed | Nation's Restaurant News
Next Billion-Dollar Startups 2024: Nominations Are Open: For our 10th annual Forbes Next Billion-Dollar Startups list, we’re looking for the 25 companies most ...
forbes.com/sites/amyfeldman/2024/03/11/next-billion-dollar-startups-2024-forbes-list-nominations-are-open/
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