Month: April 2022
Tesla delivers 310,048 electric vehicles in the first quarter
Customers experience new energy electric vehicles at a Tesla store in Shanghai, China, On December 4, 2021. Future Publishing | Future Publishing | Getty Images Tesla just reported first-quarter vehicle production and delivery numbers for 2022. Here’s how they did. Electric vehicle deliveries (total): 310,048 Electric vehicle production (total): 305,407 Over the same period last year, Tesla […]
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DC attorney general says fighting big tech is like David versus Goliath
Washington, DC Attorney General Karl Racine speaks after a news conference in front of the U.S. Supreme Court September 9, 2019 in Washington, DC. Alex Wong In his battles with Big Tech, District of Columbia Attorney General Karl Racine sees his office as something of an underdog. “In a real way, when you take on […]
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Investors bet on obesity drugs before without much success. Why this next wave could be different
New obesity treatments are helping patients lose 15% or more of their body weight, and changing attitudes could expand access to treatments. Source
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How the hotel industry is fighting its human trafficking problem
Human trafficking generates about $150 billion a year globally in illegal profits, according to the International Labour Organization, and poses a complicated challenge for major hotel chains. In 2020 there were more than 10,000 reported cases of human trafficking in the U.S., with 72% of those related to sex trafficking, according to the National Human […]
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A Ukrainian techie combined ‘code and people’ to raise $3.5 million so far for families back home
Alex Iskold Courtesy: Alex Iskold A little over a month into Russia’s assault on Ukraine, Alex Iskold is trying to reckon with the reality in his homeland while lending a hand the best way he knows how. Iskold, who immigrated to the U.S. from Ukraine at age 19, is a venture capitalist and managing director of […]
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Amazon workers just voted to join a union — here’s what happens next
A demonstrator during the vote count to unionize Amazon workers outside the National Labor Relations Board offices in New York, U.S., on Friday, April 1, 2022. Jeenah Moon | Bloomberg | Getty Images Amazon workers on New York’s Staten Island just made history, becoming the first group to vote in favor of unionizing at a […]
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No recession — but a growth slowdown due to Russia-Ukraine war, EU economics chief says
The European Union’s economics chief says Russia’s war with Ukraine will trigger a growth slowdown this year, warning the bloc’s existing growth forecast of 4% is now no longer viable. European commissioner for economics and taxation, Paolo Gentiloni, said Saturday that the Ukraine crisis will usher in a period of lower growth for the 19 […]
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Red Cross rescuers try again to reach besieged Mariupol; Ukraine forces advance near Kyiv, UK says. Follow our live updates
A Red Cross convoy will try again on Saturday to facilitate the safe passage of civilians from the encircled Ukrainian city of Mariupol. The International Committee of the Red Cross on Friday sent a team of humanitarian workers to lead a convoy out of the port city, which has been besieged since the early days […]
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Sri Lanka’s president declares emergency as police clash with angry protesters
Protestors in Colombo on April 1, 2022. Inflation has wracked Sri Lanka, rising to 17.5% in February from 16.8% a month earlier, according to the country’s central bank. Ishara S. Kodikara | AFP | Getty Images Sri Lanka’s president declared a state of emergency in the island nation Friday, a day after angry protesters demonstrated […]
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Cramer’s week ahead: Brace for negativity
CNBC’s Jim Cramer on Friday advised investors to brace themselves against Wall Street’s negativity next week as concerns over a possible recession mount. “I do believe that our economy’s headed for a slowdown — that’s just what rate hikes do. But a slowdown doesn’t necessarily translate into a horrific, crash-landing recession. … There are many […]
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