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US inflation rises in line with expectations; consumer spending strong: U.S. monthly inflation rose moderately in March, but stubbornly higher costs for housing ...
reuters.com/markets/us/us-inflation-rises-line-with-expectations-march-2024-04-26/
US inflation rises in line with expectations; consumer spending strong
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.
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Even Mario's Kart Is Being Recalled For Unintended Acceleration: There's a recall in place for the Jakk's Pacific Mario Kart ride-on kids toy for ...
thedrive.com/news/even-marios-kart-is-being-recalled-for-unintended-acceleration
Even Mario's Kart Is Being Recalled For Unintended Acceleration
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Most Small SUVs Are Bad at Automatic Emergency Braking, IIHS Says: Most small SUVs graded poorly during the IIHS' new automatic emergency braking test ...
thedrive.com/news/most-small-suvs-are-bad-at-automatic-emergency-braking-iihs-says
Most Small SUVs Are Bad at Automatic Emergency Braking, IIHS Says
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American Airlines CEO Wants Action From Boeing, Not Words: American now expects to take delivery of 22 new mainline aircraft in 2024, down from its prior ...
aviationweek.com/air-transport/airlines-lessors/american-airlines-ceo-wants-action-boeing-not-words
American Airlines CEO Wants Action From Boeing, Not Words
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Tiny hotels eye expansion amid high demand, growing eco-tourism market: These tiny hotels are able to pack up and relocate to other unique sites – a mobility ...
channelnewsasia.com/singapore/tiny-hotels-homes-pods-tourism-container-repurposed-sustainable-tourism-4294436
Tiny hotels eye expansion amid high demand, growing eco-tourism market
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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/
Honda to set up $11 bln electric vehicle, battery plants in Canada
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.
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Southwest closing operations at 4 airports: Southwest is closing operations at four airports because of delivery delays for Boeing airliners ...
thehill.com/policy/transportation/4620933-southwest-closing-operations-four-airports/
Southwest closing operations at 4 airports
Quick Glance: Is Southwest Ending Free Seating?
  • Southwest Airlines is seriously considering seating allocation and passenger boarding to enhance its financial performance.

  • Unlike most other airlines, Southwest does not have a premium section with higher fares.

  • The airline is closely examining customer preferences regarding seating and boarding processes.

  • Experts believe that Southwest could potentially earn a significant amount of money by introducing assigned seating.
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Genesis Recalls More Vehicles That May Lose Power While Driving: Genesis is recalling over 31,000 additional GV70 and GV80 SUVs and G80 and G90 sedans from the ...
consumerreports.org/cars/car-recalls-defects/genesis-recalls-more-cars-suvs-for-stalling-risk-a4737773112/
Genesis Recalls More Vehicles That May Lose Power While Driving
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Bentley’s New Mulliner Will Have Its Most Powerful W-12 Engine Ever: Bentley has announced that its third coachbuilt Mulliner model will be one of its final ...
robbreport.com/motors/cars/bentleys-next-coachbuilt-model-among-final-w-12s-1235596348/
Bentley’s New Mulliner Will Have Its Most Powerful W-12 Engine Ever
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The Last-Mile EV Delivery Truck Dream Is Hitting a Snag: UPS and FedEx are struggling to reach their goals as the cost of EVs goes up due to shortages ...
thedrive.com/news/the-last-mile-ev-delivery-truck-dream-is-hitting-a-snag
The Last-Mile EV Delivery Truck Dream Is Hitting a Snag
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Establish trauma hospitals along highways to reduce road accident fatalities: Establish trauma hospitals along highways to reduce road accident fatalities
nation.africa/kenya/health/establish-trauma-hospitals-along-highways-to-reduce-road-accident-fatalities-4600382
Establish trauma hospitals along highways to reduce road accident ...
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Honda to spend $11 billion on electric vehicle strategy in Canada: The move is meant to tap long-term demand in North America and pushes the automaker toward ...
japantimes.co.jp/business/2024/04/26/companies/honda-electric-vehicle-investment-canada/
Honda to spend $11 billion on electric vehicle strategy in Canada
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Central Pa. beer wholesaler prepares to roll out electric freight trucks: The company will acquire eight electric vehicle freight tractors to permanently replace ...
pennlive.com/life/2024/04/wilsbach-distributors-goes-electric-with-its-freight-trucks-shows-off-high-tech-facility.html
Central Pa. beer wholesaler prepares to roll out electric freight trucks
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Tesla notifies thousands in Texas and California of impending layoffs: Tesla let thousands of employees in two states — California and Texas — know it will be ...
foxbusiness.com/technology/tesla-notifies-thousands-texas-california-impending-layoffs
Tesla notifies thousands in Texas and California of impending layoffs
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Toronto, Canada to San Jose, Costa Rica for only $314 CAD roundtrip: Cheap flights from Toronto, Canada to San Jose, Costa Rica for only $314 CAD roundtrip with ...
secretflying.com/posts/toronto-canada-costa-rica-382-cad-roundtrip/
Toronto, Canada to San Jose, Costa Rica for only $314 CAD roundtrip
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Lily Allen books first class seat on flight and leaves daughter, 12, in economy: The singer revealed she's flying to London for her friend ...
dailyrecord.co.uk/entertainment/celebrity/lily-allen-books-first-class-32668839
Lily Allen books first class seat on flight and leaves daughter, 12 ...
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Why Copper Shortages Could Threaten the Energy Transition: Avoiding a climate catastrophe is often portrayed as a question of political will ...
bloomberg.com/news/articles/2024-04-25/why-copper-shortages-could-threaten-the-energy-transition
Why Copper Shortages Could Threaten the Energy Transition
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Chinese EV battery maker CATL unveils LFP battery with 1,000 km range: Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron ...
reuters.com/business/autos-transportation/chinese-ev-battery-maker-catl-unveils-lfp-battery-with-1000-km-range-2024-04-25/
Chinese EV battery maker CATL unveils LFP battery with 1,000 km range
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Tesla Cybertruck owner gets quoted over $30,000 for Powershare installation: A Tesla Cybertruck owner has been quoted over $30,000 for a Powershare installation ...
electrek.co/2024/04/25/tesla-cybertruck-owner-quoted-over-30000-powershare-installation/
Tesla Cybertruck owner gets quoted over $30,000 for Powershare ...
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The Cybertruck is turning into a complete disaster for Tesla: Recalls due to stuck accelerator pedals, weak demand - and you should not wash it in direct ...
derstandard.at/story/3000000217168/der-cybertruck-entwickelt-sich-fuer-tesla-zum-kompletten-desaster
The Cybertruck is turning into a complete disaster for Tesla
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
  • Tesla lowers prices in Germany to increase inventory and sales.

  • Elon Musk addresses price complaints and emphasizes the need for flexible pricing.

  • Buyers of Tesla vehicles during expensive phases may face depreciation.

  • Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
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Gogoro battery-swapping electric scooters continue international expansion: Gogoro has been on a roll lately, showing off a steady stream of new scooter models ...
electrek.co/2024/04/26/gogoro-battery-swapping-electric-scooters-continue-international-expansion/
Gogoro battery-swapping electric scooters continue international expansion
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Politics Briefing: Federal, Ontario governments commit up to $5-billion to Honda EV plant
theglobeandmail.com/politics/article-politics-briefing-federal-ontario-governments-commit-up-to-5-billion/
Politics Briefing: Federal, Ontario governments commit up to $5-billion to ...
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When will Mark Carney run?: Some Liberals want the former central banker to bolster Justin Trudeau’s government this summer
theglobeandmail.com/politics/opinion/article-when-will-mark-carney-run/
When will Mark Carney run?
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Look: UAE’s first vertiport operates successfully on Abu Dhabi's Yas Island - News | Khaleej Times
khaleejtimes.com/business/aviation/look-uaes-first-vertiport-operates-successfully-on-abu-dhabis-yas-island
Look: UAE’s first vertiport operates successfully on Abu Dhabi's Yas ...
Quick Glance: First Successful Operation of a Vertiport for eVTOL Aircraft in Abu Dhabi
  • Abu Dhabi's Yas Island successfully hosts the UAE's first vertiport for electric vertical take-off and landing (eVTOL) aircraft.

  • During a discussion at DRIFTx, it was announced that Yas Island will be home to the country's inaugural vertiport.

  • The temporary vertiport at Yas Marina Circuit has designated three platforms for take-off and landing.

  • In the future, additional vertiports will be established at key locations in Abu Dhabi, including major business centers and tourist destinations.
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UAE's first vertiport for flying vehicles gets operational approval - News | Khaleej Times
khaleejtimes.com/business/aviation/uaes-first-vertiport-for-flying-vehicles-gets-operational-approval
UAE's first vertiport for flying vehicles gets operational approval - News ...
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The service provider from Ulm is defying the tense economic situation. Things are going particularly well in contract logistics. (Subscription) Show more
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Chinese keyboard apps have vulnerability and reveal what users are typing: Researchers at the University of Toronto have found an encryption flaw in keyboard ...
heise.de/news/Chinesische-Tastatur-Apps-haben-Schwachstelle-und-verraten-was-Nutzer-tippen-9699644.html
Chinese keyboard apps have vulnerability and reveal what users are typing
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Saint Laurent Adds Another YSL Canada Location + More Fashion News: Saint Laurent opens a new store on Bloor Street to shop all YSL items in Canada ...
fashionmagazine.com/style/ysl-canada-toronto-store/
Saint Laurent Adds Another YSL Canada Location + More Fashion News
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Studying abroad: Why students in Sri Lanka are applying to Canadian, U.S. and U.K. universities
theglobeandmail.com/opinion/article-studying-abroad-why-students-in-sri-lanka-are-applying-to-canadian-us/
Studying abroad: Why students in Sri Lanka are applying to Canadian, U.S ...
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THA Minority Leader walks out of plenary sitting - Trinidad and Tobago Newsday: THA Minority Leader Kelvon Morris walked out of the plenary sitting of the THA in ...
newsday.co.tt/2024/04/25/tha-minority-leader-walks-out-of-plenary-sitting/
THA Minority Leader walks out of plenary sitting - Trinidad and Tobago ...
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AI-Powered Patient Visit Summarizer, Tested Out in Canada: A new pilot program in Canada looks to summarize and transcribe patient visits through AI software ...
techtimes.com/articles/303979/20240425/ai-powered-patient-visit-summarizer-tested-out-canada.htm
AI-Powered Patient Visit Summarizer, Tested Out in Canada
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‘Just didn’t add up’: Could you survive without a car?: More and more of us are opting to go carless as the cost of owning a vehicle continues to rise.
theage.com.au/money/planning-and-budgeting/just-didn-t-add-up-could-you-survive-without-a-car-20240423-p5flxb.html
‘Just didn’t add up’: Could you survive without a car?
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Ford just reported a massive loss on every electric vehicle it sold: Ford’s electric vehicle unit reported that losses soared in the first quarter to $1 ...
cnn.com/2024/04/24/business/ford-earnings-ev-losses/
Ford just reported a massive loss on every electric vehicle it sold
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Bâle Gundeldingen : La Tellplatz sera partiellement interdite aux voitures en été
bzbasel.ch/basel/basel-stadt/der-tellplatz-wird-zum-teilweise-autofreien-boulevard-ld.2610958
Bâle Gundeldingen : La Tellplatz sera partiellement interdite aux voitures ...
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Japan is poised to fill an EV gap left by China: A new Honda facility in Canada shows that Asia’s auto industry is ready to meet North American needs.
japantimes.co.jp/commentary/2024/04/24/japan/japan-china-ev-gap/
Japan is poised to fill an EV gap left by China
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Keep-fit in the Louvre: Museum offers Olympic sessions among masterpieces: The Louvre museum in Paris announced plans to organise yoga and sport sessions in its ...
thelocal.fr/20240424/keep-fit-in-the-louvre-museum-offers-olympic-sessions-among-masterpieces
Keep-fit in the Louvre: Museum offers Olympic sessions among masterpieces
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Non-stop from Toronto, Canada to the Bahamas for only $352 CAD roundtrip: Non-stop flights from Toronto, Canada to the Bahamas for only $352 CAD roundtrip with ...
secretflying.com/posts/toronto-canada-to-the-bahamas-for-only-386-cad-roundtrip/
Non-stop from Toronto, Canada to the Bahamas for only $352 CAD roundtrip
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Driver arrested over multi-vehicle accident in Tampines that killed two people: SINGAPORE: A 42-year-old car driver has been arrested for dangerous driving ...
channelnewsasia.com/singapore/tampines-accident-driver-arrested-two-killed-4284941
Driver arrested over multi-vehicle accident in Tampines that killed two ...
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Tesla to lay off nearly 2,700 employees in Texas factory, notice shows: Tesla will lay off 2,688 employees at its Texas factory, the electric vehicle maker said ...
reuters.com/business/autos-transportation/tesla-lay-off-nearly-2700-employees-texas-factory-notice-shows-2024-04-23/
Tesla to lay off nearly 2,700 employees in Texas factory, notice shows
Quick Glance: Tesla to Lay Off Nearly 2,700 Employees in Texas Factory
  • Tesla will lay off 2,688 employees at its Texas factory, as indicated in a notification.

  • The layoff was done under the WARN Act, a U.S. labor law requiring companies with 100+ employees to notify ahead of planned closings or mass layoffs.

  • Tesla announced that the layoffs will begin on June 14, amidst falling sales and an escalating price war.

  • The global job cuts include 285 employees in Buffalo, New York, as part of another round of layoffs cutting over 10% of jobs.
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5 ‘Dream Bathroom’ Upgrades That Homeowners Tend to Regret: Luxe bathroom trends, from zellige tiles to vessel sinks, seduced these homeowners and interior ...
wsj.com/style/design/bathroom-upgrades-homeowners-regret-1d921e72
5 ‘Dream Bathroom’ Upgrades That Homeowners Tend to Regret
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Toulouse, France to Toronto, Canada for only €365 roundtrip: Cheap flights from Toulouse, France to Toronto, Canada for only €365 roundtrip with Lufthansa and ...
secretflying.com/posts/toulouse-france-toronto-canada-e287-roundtrip/
Toulouse, France to Toronto, Canada for only €365 roundtrip
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Tesla Announces Steep Employee Cuts Amid Revenue Drop: Elon Musk's electric vehicle company is laying off more than 6,000 employees after reporting a 9% drop in ...
huffpost.com/entry/tesla-layoffs-california-texas_n_66282c39e4b096c7bac6847b
Tesla Announces Steep Employee Cuts Amid Revenue Drop
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Airbus granted reprieve from Canadian sanctions on Russian titanium, sources say: Source says it came to Ottawa’s attention there were unforeseen effects of the ...
theglobeandmail.com/politics/article-airbus-granted-reprieve-from-canadian-sanctions-on-russian-titanium/
Airbus granted reprieve from Canadian sanctions on Russian titanium ...
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Sharjah offers free vehicle damage certificate for residents affected by rains - News | Khaleej Times
khaleejtimes.com/uae/sharjah-free-damage-certificate-offered-now-for-affected-residents
Sharjah offers free vehicle damage certificate for residents affected by ...
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Canada’s oddly specific EV credits for Honda amounts to poor industrial policy : The federal government and Ontario’s a multibillion-dollar deal with Honda would ...
theglobeandmail.com/business/commentary/article-canada-honda-electric-vehicle-chain/
Canada’s oddly specific EV credits for Honda amounts to poor industrial ...
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Dresden: Traffic at the Blue Wonder - Solutions from readers: The traffic test on the Blue Wonder was short and painful. And now? Just as Germany has 80 million ...
dnn.de/lokales/dresden/dresden-verkehr-am-blauen-wunder-loesungen-von-lesern-5V6XVQQVPZDPJFAVJD4J3CIRLY.html
Dresden: Traffic at the Blue Wonder - Solutions from readers
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Tesla’s net income drops 55% in first quarter amid falling global sales - National | Globalnews.ca
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Tesla’s net income drops 55% in first quarter amid falling global sales - ...
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Tesla to lay off more than 3,000 employees in California, notices show: Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple ...
reuters.com/business/autos-transportation/tesla-lay-off-more-than-3000-employees-california-notices-show-2024-04-23/
Tesla to lay off more than 3,000 employees in California, notices show
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China's Huawei launches new software brand for intelligent driving: Chinese tech company Huawei (HWT.UL) unveiled on Wednesday a new software brand for ...
reuters.com/technology/chinas-huawei-launches-new-software-intelligent-driving-2024-04-24/
China's Huawei launches new software brand for intelligent driving
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Tesla previews ridesharing app feature for its robotaxi: As Tesla shared its figures for the first quarter on Tuesday, the automaker also previewed the app that ...
digitaltrends.com/cars/tesla-previews-ridesharing-app-feature-for-its-robotaxi/
Tesla previews ridesharing app feature for its robotaxi
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Traffic: New symbol will be mandatory on cars from May - THIS is what you need to know
derwesten.de/panorama/vermischtes/verkehr-neues-symbol-pkw-label-neuwagen-id300932406.html
Traffic: New symbol will be mandatory on cars from May - THIS is what you ...
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rotary The pivotal point of e-mobility in road freight transport is charging services. With the transition from the CCS fast charging system with charging ... Show more
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Fire in Wiesbaden school: several streets closed: The new Elisabeth Selbert School building burns in Wiesbaden. Due to the deployment of the fire brigade ...
fr.de/rhein-main/wiesbaden/feuer-in-schule-in-wiesbaden-mehrere-strassen-gesperrt-93032488.html
Fire in Wiesbaden school: several streets closed
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Tesla shares drop on price cuts in run-up to earnings: Tesla fell more than 3% in premarket trade on Monday, as its latest global price cuts fanned Wall Street ...
reuters.com/business/autos-transportation/tesla-shares-drop-price-cuts-run-up-earnings-2024-04-22/
Tesla shares drop on price cuts in run-up to earnings
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Tesla Promises 'More Affordable Vehicles' and a 'Cybercab': Elon Musk’s automaker told investors Tuesday that sales and revenue are down but that new “more ...
wired.com/story/tesla-promises-more-affordable-vehicles-cybercab/
Tesla Promises 'More Affordable Vehicles' and a 'Cybercab'
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All 7th-Gen Ford Mustangs Get 1965-Style Digital Gauges in Free OTA Update: The 2024 Ford Mustang pays tribute to the 1965 classic with a free downloadable gauge ...
thedrive.com/news/all-7th-gen-ford-mustangs-get-1965-style-digital-gauges-in-free-ota-update
All 7th-Gen Ford Mustangs Get 1965-Style Digital Gauges in Free OTA Update
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Cebu Pacific unveils new A320neo as part of push for all-Airbus fleet by 2028 : The Philipine carrier Cebu Airlines has unveiled a brand-new A320neo as the ...
aerotime.aero/articles/cebu-pacific-airbus-delivery
Cebu Pacific unveils new A320neo as part of push for all-Airbus fleet by ...
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California, 21 other states back EPA vehicle emissions rules: A group of 22 states led by California and five cities are backing the U.S. Environmental ...
reuters.com/business/autos-transportation/california-21-other-states-back-epa-vehicle-emissions-rules-2024-04-23/
California, 21 other states back EPA vehicle emissions rules
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The Danish logistics group closed the first quarter of 2024 with a decline in EBIT. The company is sticking to its forecast for the full year. (Subscription) Show more
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Six taken to hospital after multi-vehicle accident on PIE: The multi-car crash followed another multi-vehicle tragedy in Tampines earlier in the day.
straitstimes.com/singapore/six-taken-to-hospital-after-multi-vehicle-accident-on-pie
Six taken to hospital after multi-vehicle accident on PIE
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Compass Point listed for nearly $20 million: The five-storey Compass Point building on the outside edge of the City of Hamilton is up for sale, listed for $19 ...
royalgazette.com/local-business/business/article/20240422/compass-point-listed-for-nearly-20-million/
Compass Point listed for nearly $20 million