High school football playoffs: All of the CIF-SS, L.A. City semifinals scores from Friday
ocregister.com/2022/11/18/high-school-football-playoffs-scores-from-fridays-cif-ss-l-a-city-semifinals
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| Last Updated | Nov 19 22 |
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Mercedes Is First Automaker to Sell Level 3 Autonomous Vehicles in the US: After securing permission to sell cars with advanced autonomous features in California ...
pcmag.com/news/mercedes-is-first-automaker-to-sell-level-3-autonomous-vehicles-in-the
Quick Glance: Mercedes Sells First Autonomous Vehicle in the US
- Mercedes is the first automaker in the US to sell a car with advanced autonomous features. Drivers are not required to pay close attention to the road.
- Mercedes currently has permission to sell and lease cars with Level 3 autonomous driving in Nevada and California.
- The Drive Pilot system is limited to specific models and requires a yearly subscription. However, it has some restrictions for use.
- While other automakers like Tesla are still offering Level 2 autonomous driving, Mercedes is also working on developing Level 4 autonomous driving capabilities expected to be available by the end of the decade.
China warns Blinken relations with US could go on a 'downward spiral': The US top diplomat Antony Blinken paid his second visit to the country in less than a ...
lemonde.fr/en/united-states/article/2024/04/26/china-warns-blinken-relations-with-us-could-go-on-a-downward-spiral_6669578_133.html
Quick Glance: Xi and Blinken Clash Over China's Backing to Russia
- Xi orders China’s biggest military reorganisation since 2015.
- He emphasizes that China is not afraid of competition as long as it is based on common progress.
- China is willing to cooperate with the US, provided it is mutual.
- A five-point consensus was reached to stabilize relations between the two countries.
California and cannabis: the dark side of legalization: The black market is thriving in the desert behind Los Angeles. Police officers like Sergeant Derek Stokes ...
nzz.ch/gesellschaft/der-kampf-gegen-die-cannabis-schwemme-ld.1827560
As the planet warms, watch out for dengue fever : A mosquito-borne disease is spreading—and must be curbed
economist.com/leaders/2024/04/25/as-the-planet-warms-watch-out-for-dengue-fever
California schools may be required to provide kosher and halal meals: Schools with 5% of its population requesting kosher and halal diets would be required to ...
ocregister.com/2024/04/25/california-schools-may-be-required-to-provide-kosher-and-halal-meals/
‘Buffett Got it Wrong’ on California Fire Risk, PG&E CEO Says: Warren Buffett’s warning that wildfires have turned utilities across the western US into risky ...
bloomberg.com/news/articles/2024-04-25/-buffett-got-it-wrong-on-california-fire-risk-pg-e-ceo-says
American Airlines forecasts upbeat Q2 profit as business travel rebounds: American Airlines forecast current-quarter profit largely above analysts' expectations ...
reuters.com/business/aerospace-defense/american-airlines-forecasts-second-quarter-profit-largely-above-estimates-2024-04-25/
New California rule aims to limit health care cost increases to 3% annually: A new rule in California aims to limit health care price increases to just 3% each ...
apnews.com/article/california-health-care-costs-target-cap-0aefad8c177ed3e0447dc4e17258be08
Chipotle: California minimum wage increased menu prices about 7 percent: Chipotle increased menu prices by about 7% because of the minimum wage increase in ...
businessinsider.com/chipotle-california-minimum-wage-pushed-menu-prices-2024-4
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Quick Glance: Chipotle lifts annual sales forecast despite uncertainties
- Chipotle raised its full-year sales forecast due to resilient demand for burritos and rice bowls despite higher menu prices.
- The company anticipates mid-to-high-single digit percentage growth in comparable restaurant sales for 2024.
- Chipotle implemented price hikes to protect its profit margin from increased ingredient costs like beef and avocados.
- Chipotle's adjusted profit in the first quarter came in at $13.37 per share, surpassing estimates of $11.68.
Once the West Coast's crown jewel, San Francisco's real estate market is crashing
nypost.com/2024/04/23/real-estate/san-franciscos-real-estate-market-is-crashing/
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Record giant HYBE audits 'NewJeans' label as infighting returns to K-pop: South Korea's largest music company is auditing the management of one of its labels as ...
reuters.com/lifestyle/record-giant-hybe-audits-newjeans-label-infighting-returns-k-pop-2024-04-24/
US CDC warns of harmful reactions to fake Botox injections: The U.S. Centers for Disease Control and Prevention (CDC) on Tuesday alerted clinicians about risks ...
reuters.com/business/healthcare-pharmaceuticals/us-cdc-warns-harmful-reactions-fake-botox-injections-2024-04-23/
Elon Musk and Tesla: Is the CEO’s controversial behavior responsible for company’s struggles?
mercurynews.com/2024/04/22/elon-musk-and-tesla-is-the-ceos-controversial-behavior-responsible-for-companys-struggles/
Quick Glance: Elon Musk and Tesla: Influence of CEO's divisive behavior on company's challenges
- The wealthiest individual globally freely voices his opinions, often sparking debate.
- Elon Musk, Tesla's CEO, has attacked U.S. election integrity, embraced White-supremacist propaganda, and accused President Joe Biden of treason.
- Experts suggest that Musk's conduct may deter potential customers, but larger issues impact his company. With growing competition in the electric vehicle market, his polarizing personality could lead to more significant long-term damage.
- While Musk may be damaging Tesla’s image with some consumers, the primary focus remains on the product and its dependability. Many consumers do not base their purchasing decisions on the political views of the company's leader.
PepsiCo's results beat as international demand, higher prices drive growth: PepsiCo beat Wall Street expectations for first-quarter revenue and profit on Tuesday ...
reuters.com/business/retail-consumer/pepsico-beats-quarterly-revenue-estimates-price-hikes-steady-demand-2024-04-23/
JetBlue lowers annual revenue forecast as Latin America oversupply bites: JetBlue Airways trimmed its annual revenue forecast on Tuesday after reporting lukewarm ...
reuters.com/business/aerospace-defense/jetblue-lowers-annual-revenue-forecast-latin-america-oversupply-bites-2024-04-23/
63 Albertsons in California to be sold to C&S Wholesale if Kroger merger OK’d: The company did not specify which stores in California would be sold.
ocregister.com/2024/04/22/63-albertsons-in-california-to-be-sold-to-cs-wholesale-if-kroger-merger-okd/
Chili’s Grill and Bar closes Irvine location: A sign outside the restaurant said its lease had expired at the end of 2020, though it had received several ...
ocregister.com/2024/04/22/chilis-grill-and-bar-closes-irvine-location/
Amazon launches low-cost grocery delivery subscription plan in US: Ecommerce giant Amazon.com launched a new grocery delivery subscription on Tuesday in the ...
reuters.com/business/retail-consumer/amazon-launches-low-cost-grocery-delivery-subscription-plan-us-2024-04-23/
California to wrap up Exxon plastics probe 'in weeks', AG says: California will conclude a two-year investigation into Exxon and the fossil fuel industry's role ...
reuters.com/sustainability/climate-energy/california-wrap-up-exxon-plastics-probe-in-weeks-ag-says-2024-04-23/
PG&E’s CEO gets paid $17 million. Compare to other utility leaders: PG&E CEO Patricia Poppe made $17 million in 2023. See how she compares to other top utility ...
sfchronicle.com/california/article/pge-ceo-pay-poppe-19403878.php
Cracker Barrel closes Sacramento-area store after 6 years of business: ‘We’re deeply saddened’
sacbee.com/news/local/article287763940.html
How much Bill Gates pays in property taxes on his many homes: Bill Gates' many houses come with a multi-million dollar tax bill each year. Here's how much he ...
businessinsider.com/billionaire-bill-gates-property-taxes-real-estate-houses-2024-4
Terry Anderson, AP reporter held captive for years, has died: Terry Anderson, the globe-trotting Associated Press correspondent who became one of America’s ...
apnews.com/article/terry-anderson-dies-associated-press-c266353298c04dbf874ab4d94536f2b3
Quick Glance: Terry Anderson, AP Reporter Captive for Years, Passes Away
- Terry Anderson, the globe-trotting Associated Press correspondent who became one of America’s longest-held hostages after being abducted in war-torn Lebanon in 1985 and held for nearly seven years, has died at the age of 76.
- Upon returning to the US, Anderson led a varied life, engaging in public speaking, journalism teaching, and owning different businesses while battling post-traumatic stress disorder and financial setbacks.
- Anderson retained his humor during brutal captivity, experiencing lasting effects of PTSD even after settling on a quiet horse farm and reconnecting with his estranged daughter after her journalistic journey to Lebanon.
- After enduring harsh captivity, Anderson, a former Marine turned journalist, lived a fascinating life filled with danger and intense reporting before being kidnapped and held for years, leaving a legacy beyond his renowned journalism career.
Anaheim receives $3 million state grant to address homelessness near 91 Freeway: The $3,182,054 grant will help house 75 people living near the 91 Freeway and ...
ocregister.com/2024/04/22/anaheim-receives-3-million-state-grant-to-address-homelessness-near-91-freeway/
Groundbreaking ceremony held for high-speed train from Las Vegas to Los Angeles: Federal, transportation and union leaders gathered in Las Vegas Monday to drive ...
thehill.com/regulation/transportation/4613210-groundbreaking-ceremony-held-for-high-speed-train-from-las-vegas-to-los-angeles/
US commerce secretary downplays chip in advanced Huawei phone: The chip powering the Mate 60 Pro phone of sanctioned Chinese company Huawei is not as advanced as ...
reuters.com/technology/us-commerce-secretary-downplays-chip-advanced-huawei-phone-2024-04-21/
America's first high-speed rail is now under construction: A high-speed rail between Los Angeles and Las Vegas will be the first of its kind in the U.S. ...
qz.com/high-speed-rail-los-angeles-las-vegas-construction-1851428042
From Sin City to the City of Angels, building starts on high-speed rail line: Groundbreaking on a $12 billion high-speed passenger rail line between Las Vegas ...
apnews.com/article/high-speed-train-vegas-los-angeles-brightline-595913ff2fa3d9001fb89bfab4e6c4d2
Flights delayed up to 2 hours at Sacramento airport after Internet wires ‘intentionally’ cut
sacbee.com/news/local/crime/article287809150.html
15 injured in tram accident at Universal Studios : A group of amusement park visitors were injured Saturday evening in a Universal Studios tram accident near Los ...
nbcnews.com/news/us-news/15-injured-tram-accident-universal-studios-rcna148712
Quick Glance: Tram Crash at Universal Studios Hollywood: Over a Dozen Injured. What Occurred?
- A tram crash at a Universal Studios theme park in Southern California on Saturday night left more than a dozen people injured.
- The last of four tram cars of the World-Famous Studio Tour struck a rail in a parking structure at Universal Studios Hollywood due to brake issues, resulting in 15 injuries.
- An emergency call prompted rescuers to the park, with the California Highway Patrol leading further investigations.
- The tram tour, a top attraction at the theme park, takes visitors behind the scenes of iconic movie sets like 'Jaws', 'King Kong', and 'Fast & Furious.'
Our amazing Earth seen from above: Stunning aerial images of our planet for Earth Day.
reuters.com/pictures/our-amazing-earth-seen-above-2024-04-22/
Tesla cuts price of Full Self-Driving software by a third to $8,000: Tesla slashed the price of its Full Self-Driving (FSD) driver assistant software to $8 ...
reuters.com/business/autos-transportation/tesla-cuts-price-full-self-driving-software-by-third-8000-2024-04-21/
Opinion: Make Bay Area transit seamless as a condition of new funding: The most cost-effective way to get more people riding is by running more buses and trains ...
mercurynews.com/2024/04/20/opinion-make-bay-area-transit-seamless-as-a-condition-of-new-funding/
California teacher dies in 140-foot fall at Arizona hiking trail: A California teacher died in a hiking accident on a steep and difficult mountain trail near ...
nbcnews.com/news/us-news/california-teacher-dies-140-foot-fall-arizona-hiking-trail-rcna148647
SF’s Parkmerced apartment complex at risk of $1.8 billion default: One of San Francisco’s biggest apartment complexes, Parkmerced, is at risk of defaulting on ...
sfchronicle.com/sf/article/s-f-apartment-complex-default-19406353.php
List: Where to find cheap gas in the South Bay right now: Many drivers are willing to go the extra mile to find a cheaper tank of gas (think Costco).
mercurynews.com/2024/04/19/list-where-to-find-cheap-gas-in-the-south-bay-right-now/
A Major Burger King Franchisee in California Says He Can't Roll Out Order Kiosks Fast Enough Due to the State's New $20 Fast-Food Minimum Wage
entrepreneur.com/business-news/major-burger-king-franchisee-adds-digital-kiosks-cuts-staff/472640
Bay Area condo war widens after $1 million units sell for just $32,000: The developer’s lawsuit contends that the units in the downtown tower are worth more than ...
ocregister.com/2024/04/18/san-jose-real-estate-house-home-condo-build-court-legal-china-buy-sell/
Bay Area bounces back with job gains in March, led by South Bay hiring: The job markets in the Bay Area and California powered to robust job gains in March ...
mercurynews.com/2024/04/19/bay-area-job-tech-economy-covid-layoff-hotel-restaurant-store-march/
Tiny Cupertino home with big yard is selling for $1.7 million.: About the size of a hotel room, a Cupertino home that's less than 400 square feet is selling for ...
latimes.com/california/story/2024-04-19/tiny-cupertino-home-is-selling-for-over-1-7-million
Quick Glance: Tiny Cupertino Home with Large Yard Sells for Over $1.7 Million
- A home in Cupertino, California, measuring less than 400 square feet is making headlines nationwide with a surprising asking price of over $1.7 million. The small one-bedroom, one-bathroom home is likened to a hotel room, too small for a regular refrigerator or stove in the kitchen.
- The property received eight offers, all above the asking price, with the winning bidder expected to close the deal in May. The bulk of the property's value, according to co-listing agent Perez, lies in the land, offering potential for expansions or new constructions.
- The home's location at the end of a cul-de-sac, near hiking trails and Silicon Valley's tech hubs, is crucial. Its proximity to the Los Altos Hills border, where property values start at an estimated $5 million, positively impacts surrounding communities. Cupertino city permits the owner to build a home exceeding 3,600 square feet.
- Originally used as a hunting cabin, the house was built brick by brick in the 1940s by the family currently selling it. While the final sale price remains undisclosed, it is confirmed to be selling for "considerably over asking."
3 retail spaces at Emporium San Francisco Centre have been leased: The new openings follow an exodus from the Emporium San Francisco Centre that included the ...
sfchronicle.com/bayarea/article/three-empty-retail-spaces-s-f-s-biggest-mall-19412449.php
Pope Francis names Mindanaoan priest as 5th Filipino bishop in US: Father Reynaldo Bersabal, who started as a priest in Cagayan de Oro, is now auxiliary bishop ...
rappler.com/philippines/pope-francis-names-reynaldo-bersabal-auxiliary-bishop-sacramento/
Keke Palmer And SZA To Star In Issa Rae-Produced Buddy Comedy From TriStar Pictures
deadline.com/2024/04/keke-palmer-sza-issa-rae-tristar-pictures-1235896290/
Quick Glance: Keke Palmer and SZA in New Comedy Produced by Issa Rae
- Issa Rae is producing a new comedy starring Keke Palmer and Grammy winner SZA.
- The project will be led by TriStar Pictures and directed by Lawrence Lamont.
- Keke Palmer will serve as an executive producer, while SZA will make her acting debut.
- Rae criticized the cancellation of diverse series and expressed concerns about the Hollywood industry.
Pro-Palestinian protests expand where are the hot spots?: Students are now protesting against the war in Gaza at dozens of universities and occupying campuses ...
nzz.ch/propalaestinensische-proteste-weiten-sich-aus-wo-sind-die-brennpunkte-ld.1827942
Quick Glance: Pro-Palestinian Protests: An Overview
- Pro-Palestinian protests spread across US universities, with some demands being antisemitic.
- Originating at Columbia University, the movement expanded nationwide.
- Students call for ending ties with Israel, university administrations react diversely.
- Protests mostly peaceful, potential continuation post-semester.
Aaron Sorkin to write film about January 6 and Facebook disinformation: The Social Network screenwriter is returning to digital chaos for a new film about how ...
theguardian.com/culture/2024/apr/26/aaron-sorkin-january-6-film
Quick Glance: Aaron Sorkin Writing Potential Social Network Sequel
- Oscar-winning screenwriter Aaron Sorkin reveals he is working on a new movie that could be a follow-up to The Social Network.
- Sorkin blames Facebook for January 6 and plans to address how social media is impacting democracy.
- He criticizes Facebook for tuning its algorithms to promote divisive content to increase engagement, neglecting the balance between growth and integrity.
- While Sorkin's representatives have not responded yet, sources mention the project is in early stages of development with no attached studio.
Columbia protest leader banned from campus for saying ‘Zionists don’t deserve to live’
timesofisrael.com/columbia-protest-leader-banned-from-campus-for-saying-zionists-dont-deserve-to-live/
Quick Glance: USC Main Commencement Canceled Amid Gaza War Protests
- Protests against the Israel-Hamas war prompt the cancellation of USC's main graduation ceremony and numerous arrests at campuses nationwide.
- Universities are grappling with protests that could disrupt upcoming commencement ceremonies and are considering changes to regulations regarding encampments and exams.
- Some students demand schools sever ties with Israel, leading to accusations of antisemitism and concerns about safety on campus.
- The wave of protests, inspired by events at Columbia University, has led to civil rights investigations into universities facing protests and complaints of discrimination amidst the Israel-Hamas conflict.
Tesla Autopilot feature was involved in 13 fatal crashes, US regulator says : Federal transportation agency finds Tesla’s claims about feature don’t match their ...
theguardian.com/technology/2024/apr/26/tesla-autopilot-fatal-crash
Quick Glance: Investigation of Tesla's Autopilot Recall Effectiveness
- The National Highway Traffic Safety Administration is investigating Tesla's Autopilot recall after 20 more crashes occurred post-recall.
- The recall involved over 2 million vehicles and utilized an online software update to enhance driver warnings.
- Concerns were raised regarding the recall's efficacy as crashes persisted after the fix.
- The investigation aims to determine why post-recall issues were not addressed and whether they pose a safety risk.
Apple’s (AAPL) OpenAI Talks Intensify as It Seeks to Add AI Features: Apple Inc. has renewed discussions with OpenAI about using the startup’s technology to ...
bloomberg.com/news/articles/2024-04-26/apple-intensifies-talks-with-openai-for-iphone-generative-ai-features
Nvidia (NVDA) Shares Go on a $260 Billion Tear as Clients Splurge on AI: Nvidia Corp. shares rallied back from last week’s selloff as some of the chip giant’s ...
bloomberg.com/news/articles/2024-04-26/nvidia-shares-go-on-a-260-billion-tear-as-clients-splurge-on-ai
Paid articlePaid Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Elon Musk is once again richer than Mark Zuckerberg: Facebook parent Meta's hundred-billion-dollar market cap loss has cost Zuckerberg, while Musk's Tesla stock ...
qz.com/elon-musk-richer-than-mark-zuckerbrg-tesla-meta-earning-1851438236
Paid articlePaidQuick 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.
Meta, Netflix and 2 Other Stocks May Be Bargains After Post-Earnings Slides: Shares of Meta Platforms, Netflix, Sherwin-Williams, and Caterpillar look cheap ...
barrons.com/articles/meta-stock-netflix-earnings-cb4f3067
Paid articlePaid Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
Paid articlePaid Turkey’s ‘Orthodox’ Pivot Makes Lira a Favorite for HSBC: Turkey’s return to a more conventional approach to monetary policy is boosting investor confidence ...
bloomberg.com/news/articles/2024-04-24/turkey-s-orthodox-pivot-makes-lira-a-favorite-for-hsbc
Paid articlePaid US election 2024: Who are the mega-rich donors backing Trump?: A handful of mega-rich donors have emerged as key backers of Republican presidential candidate ...
reuters.com/world/us/who-are-mega-rich-donors-backing-trump-2024-04-26/
Quick Glance: US Election 2024: Mega-Rich Donors Backing Trump
- Several ultra-wealthy donors have emerged as key figures supporting Republican presidential candidate Donald Trump, collectively donating over $50 million for his candidacy against Democratic incumbent Joe Biden.
- Timothy Mellon, Isaac and Laura Perlmutter, Linda McMahon, Robert Bigelow, and Patricia Duggan are some of the top donors backing Trump, based on an analysis of campaign finance disclosures to the Federal Election Commission.
- Mellon, an heir of the Mellon banking family, also supports independent presidential candidate Robert F. Kennedy Jr. Perlmutter, former chairman of Marvel Entertainment, has contributed to Trump's campaigns. McMahon, former wrestling entrepreneur, also donates to Trump. Bigelow, a hotel tycoon, has donated significant funds to Trump. Duggan, a donor to the Church of Scientology, is also financially supporting Trump.
- The donations from these individuals amount to millions of dollars, highlighting how mega-rich donors play a crucial role in financing Trump's candidacy and how their support impacts his campaign.
Microsoft and Alphabet enjoy AI-powered gains from cloud divisions: Combined market value of the two tech giants rose by more than $250bn after revenue growth ...
ft.com/content/f01c6852-8aa6-4cc0-991d-38f15077ba92
Tesla axed its entire marketing team—here’s why that matters: It a reminder of just how little Tesla has invested in its own brand beyond Elon Musk.
fastcompany.com/91113609/tesla-axed-its-entire-marketing-team-heres-why-that-matters
Tesla to lay off 693 employees in Nevada, government notice says: Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, a government notice ...
reuters.com/business/autos-transportation/tesla-lay-off-693-employees-nevada-government-notice-2024-04-26/
Quick Glance: Tesla Plans Mass Layoffs in Nevada, Government Notice Reveals
- Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, according to a government notice, as part of its plan to cut more than 10% of its global workforce.
- Under US labor law, companies with 100 or more employees must notify authorities 60 days ahead of planned closings or mass layoffs.
- Tesla announced it will lay off 6,020 employees in Texas and California, with the company's global headcount exceeding 140,000 by late 2023.
- The company responded to declining sales and increased competition by announcing mass layoffs to streamline its workforce.
McDonald's Korea to raise prices of 16 items next month : McDonald's Korea said Thursday it will raise the prices of 16 menu items by an average of 2 ...
koreatimes.co.kr/www/tech/2024/04/129_373519.html
Regulators Seize Republic First, a Troubled Philadelphia Bank: The relatively small bank, the first to fail this year, will have its deposits assumed by another ...
nytimes.com/2024/04/26/business/republic-first-bank-failure.html
Asana CEO accuses Tesla of being the next 'Enron': Asana founder Dustin Moskovitz called Tesla the next "Enron" and speculated that people "are going to jail at ...
businessinsider.com/asana-ceo-dustin-moskovitz-tesla-accusations-enron-sec-2024-4
Two senators want US to order Tesla to restrict Autopilot use: Two U.S. senators on Friday urged regulators to bar Tesla from allowing the use of driver ...
reuters.com/business/autos-transportation/two-senators-want-us-order-tesla-restrict-autopilot-use-2024-04-26/
Starbucks and US workers' union meet for contract negotiations: Starbucks held contract negotiations with the Workers United union over a two-day session in ...
reuters.com/business/retail-consumer/starbucks-us-workers-union-meet-contract-negotiations-2024-04-26/
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.
Fast-fashion giant Shein is the latest to face EU's strictest digital regulations
qz.com/shein-to-face-stricter-eu-regulations-meta-tik-tok-amaz-1851439129
Paid articlePaid
EU law on the “right to repair”: The end of a screwless world: For decades, Apple and other tech companies produced sleek, sealed devices with no screws in sight ...
spiegel.de/kultur/eu-gesetz-recht-auf-reparatur-vom-ende-einer-schraubenlosen-welt-a-45386ef9-89c5-4fde-b387-905ba1811698
Eminem shares teaser for new album ‘The Death of Slim Shady (Coup De Grâce)’: Eminem's first album in more than four years is coming this summer ...
nydailynews.com/2024/04/26/eminem-announces-new-album-death-of-slim-shady-coup-de-grace-teaser/
Mexico's Pemex reverses proposed crude export cuts for May, sources say: Mexican state oil company Pemex is reversing crude exports cuts of at least 330 ...
reuters.com/business/energy/mexicos-pemex-reverses-proposed-crude-export-cuts-may-sources-say-2024-04-26/
Quick Glance: Pemex Reduces Debt, Increases Refining Output
- Mexican state energy company Pemex reported a decrease in its financial debt to $101.5 billion at the end of the first quarter.
- Despite a decline in production, Pemex saw an increase in processing at its six national refineries during the first quarter.
- Pemex reported a net profit of 4.7 billion pesos, down 91.7% from the previous year, amid lower sales and higher costs.
- Pemex's revenues amounted to 405.9 billion pesos, mainly impacted by a drop in crude prices.
WhatsApp launches new feature for iPhone users: WhatsApp is about to become a lot easier to log in on an iPhone, thanks to a new feature that’s being rolled out ...
thenews.com.pk/latest/1182410-whatsapp-launches-new-feature-for-iphone-users
Apollo, KKR and Stonepeak may fund Intel's Ireland facility, Bloomberg reports: Apollo Global Management , KKR & Co and Stonepeak may invest billions of dollars ...
reuters.com/technology/apollo-kkr-stonepeak-invest-jv-fund-intels-ireland-facility-bloomberg-reports-2024-04-26/
Earnings for Big Oil backpaddle as natgas prices tumble: U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in ...
reuters.com/markets/commodities/earnings-big-oil-backpaddle-natgas-prices-tumble-2024-04-26/
Tech Fund (DXYZ) Invested in SpaceX, OpenAI Sinks After Wild 1,000% Surge: A closed-end fund that holds shares of private technology firms like Elon Musk’s ...
bloomberg.com/news/articles/2024-04-26/tech-fund-dxyz-invested-in-spacex-openai-sinks-after-wild-1-000-surge
Wall Street sees Google stock rallying to $200 because maybe Google can win AI after all
qz.com/google-stock-rally-ai-search-wall-street-analysts-1851438633
NatWest (NWG) Beats Estimates on Signs of Growing Customer Confidence: NatWest Group Plc beat earnings estimates in the first quarter as lending and deposits ...
bloomberg.com/news/articles/2024-04-26/natwest-beats-estimates-on-signs-of-growing-customer-confidence
Paid articlePaid U.S. chip bans not meant to hobble China's growth, Blinken says: U.S. export controls on sending advanced computing chips to China are not meant to hold back ...
reuters.com/technology/us-chip-bans-not-meant-hobble-chinas-growth-blinken-says-2024-04-26/
Alphabet Leaps Into $2 Trillion Club as Results Show AI Strength: Alphabet Inc. jumped decisively above a $2 trillion market capitalization on Friday ...
bloomberg.com/news/articles/2024-04-26/alphabet-leaps-into-2-trillion-club-as-results-show-ai-strength
NerdWallet (NRDS) Stock Falls as Lending Pullback Hurts Credit Card Revenue: NerdWallet Inc. fell after its key credit card revenue declined due to issuers ...
bloomberg.com/news/articles/2024-04-26/nerdwallet-falls-as-lending-pullback-hurts-credit-card-revenue
Paid articlePaid US FDA approves Pfizer's gene therapy for rare bleeding disorder
reut.rs/3UAkIsM
Quick Glance: FDA approves Pfizer’s gene therapy for hemophilia B
- The FDA has approved Pfizer's first gene therapy drug for a rare inherited bleeding disorder.
- Beqvez, a unique gene therapy drug by Pfizer, has been approved for adults with moderate to severe hemophilia B.
- The drug enables patients to produce Factor IX themselves to prevent and control bleeding.
- Pfizer is competing with a similar treatment from CSL Behring and planning more gene therapies for various genetic disorders.
Tesla’s AutoPilot Recall Gets a Government Probe. No, It’s Not a Stock Issue.: NHTSA is investigating Tesla’s AutoPilot system again. Investors don’t need to ...
barrons.com/articles/tesla-stock-autopilot-recall-9485eb99
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