Army Is Looking For Hybrid Drivetrains For Its Strykers: Adopting hybrid-electric propulsion could bring many benefits to Strykers, aligning with the Army’s ...
thedrive.com/the-war-zone/army-is-looking-for-hybrid-drivetrains-for-its-strykers
Bomas of Kenya CEO arrested over Sh8.6m procurement fraud: Suspended Bomas of Kenya CEO Peter Koria arrested over alleged involvement in Sh8 ...
standardmedia.co.ke/nairobi/article/2001493927/bomas-of-kenya-ceo-arrested-over-alleged-fraud
Kikuyus, Luos and Luhyas form majority of employees at Kemsa: Kikuyu, with 124 of their own at the agency, constitute 22.42 per cent. They are followed by the ...
standardmedia.co.ke/national/article/2001493669/kikuyus-luos-and-luhyas-form-majority-of-employees-at-kemsa
AFC calls for gov’t nominees on PPC to step down over Tepui decision: -wants restructuring of NPTAB The Alliance For Change (AFC) on Friday called for the ...
stabroeknews.com/2024/04/21/news/guyana/afc-calls-for-govt-nominees-on-ppc-to-step-down-over-tepui-decision/
My child died in a car crash with a new driver – we need graduate licences: Bereaved families, including that of 18-year-old Caitlin Huddleston ...
inews.co.uk/inews-lifestyle/child-killed-new-driver-graduate-licences-3012853
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.
Today’s Daily Cartoon, by Ivan Ehlers. #NewYorkerCartoons Daily Cartoon: Friday, April 26th | The New Yorker
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
Rooting for Trump to fail has made his stock shorters millions: There have been plenty of scary moments, including last week when DJT, the ex-president’s ...
pbs.org/newshour/politics/rooting-for-trump-to-fail-has-made-his-stock-shorters-millions
Quick Glance: Profiting from Trump's Truth Social Appears Lucrative
- An amateur Wall Street investor group has made millions by betting against the stock price of Trump's social media company.
- Their bets are driven by the company's poor financials rather than personal feelings towards the former president.
- Despite paper profits of at least $200 million, they remain cautious due to the stock's volatility.
- Buyers of Trump's stock could amplify losses for short sellers through massive purchases and a potential 'short squeeze.'
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
Captain Tom’s daughter Hannah puts £2.25m mansion up for sale: Captain Tom's daughter is using her dad's name to sell the family home for £2 ...
metro.co.uk/2024/04/25/captain-toms-daughter-hannah-puts-2-25m-mansion-sale-20715350/
Ukraine pulls Abrams tanks from front due to Russia drone tactics: US: Masses of drones over Ukraine have restrict the movement of Ukraine's US-supplied Abrams ...
businessinsider.com/ukraine-pulls-abrams-tanks-from-front-over-russia-drone-tactics-2024-4
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/
In Germany, food prices in particular have risen sharply recently. A Berlin start-up is trying to turn food waste into a business model by saving food and ... Show more
Almost five years ago, the satirist Nico Semsrott entered the European Parliament. He and his “The Party” colleague Martin Sonneborn won two parliamentary ... Show more
Nico Semsrott in an interview: “I have never cried so much in my life” - SZ.de
Nico Semsrott in an interview: “I have never cried so much in my life” - SZ.de
The Fed’s preferred inflation gauge just moved in the wrong direction: Inflation remained stubbornly high last month.
cnn.com/2024/04/26/economy/pce-inflation-spending-march/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
usatoday.com/story/money/2024/04/25/gdp-report-first-quarter/73437532007/
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.
An innkeeper from Westhausen (Ostalbkreis) charges a euro fine against food waste on his salad buffet.
Quick Glance: Combatting Food Waste: Penalty at the Salad Buffet
- Restaurant owner Frank Hauber from Westhausen introduces penalty for unfinished plates to reduce food waste.
- Hauber was tired of wasted food and implemented a one euro penalty at the salad buffet three years ago.
- The initiative led to a reduction in food waste and encouraged guests to be more mindful of their food choices.
- The penalty system was successful, resulting in minimal food wastage and positive feedback from guests.
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
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
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
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/
Environmental assessment of 50 different plant-based meats shows them to be vastly more sustainable. Watch the full video "The Environmental Impacts of ... Show more
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“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
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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.
UAE: Indians, Pakistanis among top investors in Sharjah property - News | Khaleej Times
khaleejtimes.com/uae/indians-pakistanis-among-top-investors-in-sharjah-property
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
Abrams being pulled back due in part to the drone threat and a whopping $6B arms transfer package from the U.S. top our latest update:
AP: US to help Ukraine develop new strategies for more effective Abrams tank use amid Russian drone threat - Euromaidan Press
euromaidanpress.com/2024/04/26/ap-us-to-help-ukraine-develop-new-strategies-for-more-effective-abrams-tank-use-amid-russian-drone-threat/
Ukraine withdraws Abrams tanks from front line because of Russian drones – AP: The Associated Press has learned that the Ukrainian Defence Forces have withdrawn ...
pravda.com.ua/eng/news/2024/04/26/7453053/
AP: Ukraine pulls US Abrams tanks from battlefield amid Russian drone threat: According to senior U.S. military officials, Russian surveillance drones and ...
kyivindependent.com/ap-ukraine-pulls-us-abrams-tanks-from-battlefield-amid-russian-drone-threat/
First Confirmed Abrams Tank Variant Captured By Russia Seen With Inner Armor Exposed
twz.com/land/first-confirmed-abrams-tank-variant-captured-by-russia-seen-with-inner-armor-exposed
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.
Cannabis in traffic: strict rules planned for novice drivers: Cannabis is partially legal. But what applies to road traffic? A paper from the Federal Ministry of ...
tagesschau.de/inland/innenpolitik/cannabis-strassenverkehr-100.html
Underweight and overpriced: Customer warning after New World gets chicken label wrong
nzherald.co.nz/nz/underweight-and-overpriced-customer-warning-after-new-world-gets-chicken-label-wrong/ZP3HM7YQ2FDHFLQ6GX4CAH6D3E/
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
Romney: ‘You don’t pay someone $130,000 not to have sex with you’: Sen. Mitt Romney (R-Utah) says no one is buying the story that former President Trump didn’t ...
thehill.com/homenews/senate/4617422-romney-you-dont-pay-someone-130000-not-to-have-sex-with-you/
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.
Scientists Reveal Non-Volatile Memory Breakthrough: It could be the holy grail of NAND storage married with DRAM speed we've been waiting for all these years.
extremetech.com/computing/scientists-reveal-non-volatile-memory-breakthrough
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/
10 Games From The Palestinian Relief Bundle To Play First: With over 300 titles to choose from when purchasing the bundle, it’s hard to know where to start
kotaku.com/itch-palestinian-relief-bundle-coffee-talk-short-hike-1851429689
The city administration in Kaiserslautern had proposed banning the consumption of cannabis at folk festivals. However, the city council decided against a ban ... Show more
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
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
Important support for purchasing power: economists support planned pension increase
spiegel.de/wirtschaft/soziales/renten-erhoehung-fuer-oekonomen-eine-wichtige-stuetze-der-kaufkraft-a-88ddeef2-8116-43ca-97ed-29c424cfc8f1
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/
#NewVisionQuote 💬
Many women spend a lot of money purchasing artificial hips and other enhanced body parts. This is ingratitude to
the giver (God) ... Show more
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First-time buyers face toughest test for 70 years, lenders say: First-time buyers depend on two high incomes or parental support, the Building Societies ...
bbc.com/news/articles/c87zgx42m5go
China can't quit coal by 2040, researchers say, despite global climate goals: China's coal consumption will fall by just one-third by 2040, according to a report ...
reuters.com/world/china/china-cant-quit-coal-by-2040-researchers-say-despite-global-climate-goals-2024-04-23/
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.
Copper demand to boom as new technology drives power consumption, Trafigura says: Flourishing activity in the electric vehicle, power infrastructure ...
reuters.com/markets/commodities/copper-demand-boom-new-technology-drives-power-consumption-trafigura-says-2024-04-22/
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/
Russian forces took out 5 out of 31 US Abrams tanks in Ukraine in 2 months – NYT: The New York Times has reported that Russian forces have taken out five M1 ...
pravda.com.ua/eng/news/2024/04/20/7452177/
Patron visits bar with $5,500, meets woman, leaves with nothing: A Manzanilla man was robbed by a woman and her boyfriend on Sunday after buying the woman a ...
trinidadexpress.com/newsextra/patron-visits-bar-with-5-500-meets-woman-leaves-with-nothing/article_fe5fbe92-019a-11ef-8c27-1f147c51b4e6.html
These 150-foot-high sails could help solve shipping’s climate problem: Ships burn some of the dirtiest fuels and generate 3 percent of global emissions ...
washingtonpost.com/climate-solutions/2024/04/22/shipping-emissions-mechanical-sails/
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
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/
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
Protect children and young people: Railways ban smoking weed at train stations: As soon as cannabis consumption was legalized in Germany, it was restricted again ...
n-tv.de/panorama/Bahn-verbietet-Kiffen-an-Bahnhoefen-article24888656.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
A big thing has just happened to Bitcoin. It's called the halving: Bitcoin has just hit a quadrennial event called the halving. It will effectively reduce the ...
npr.org/2024/04/16/1244173751/bitcoin-halving-rally-crypto
Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
- Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.
- Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.
- The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.
- Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
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
New casualty figures: Has the tank become obsolete due to a key threat in the Ukraine war?
fr.de/politik/verluste-panzer-ukraine-krieg-drohnen-gefahr-leopard-2-abrams-challenger-93024757.html
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
Well, did you have a really boring daily today? 🥱
For the article "The Daily unfortunately has to be canceled today": Das Daily muss heute leider ausfallen | heise online
People No Longer Know How Much to Tip: As requests for more and bigger tips increase, so does confusion.
wsj.com/personal-finance/people-no-longer-know-how-much-to-tip-a6ec4b66
New operator for Konsum in Kalkhorst: store with café, groceries and parcel shop: Four months after closing, the former Konsum store in Kalkhorst has reopened ...
ostsee-zeitung.de/lokales/nordwestmecklenburg/grevesmuehlen/neue-betreiberin-fuer-konsum-in-kalkhorst-laden-mit-cafe-lebensmitteln-und-paketshop-ABDBHO4QE5G6HI6LBBRECRKZQA.html
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