Month: May 2022
The stocks of several electric vehicle companies are surging
Rivian R1T all-electric truck in Times Square on listing day, on Wednesday, Nov. 10, 2021 in New York. Ann-Sophie Fjello-Jensen | AP Beaten-up shares of several electric-vehicle start-ups moved sharply higher Thursday morning in wild and largely unexplained trading. Rivian Automotive after market close on Wednesday reported a first-quarter loss that was narrower than Wall […]
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U.S. licenses key Covid vaccine technology to WHO so other countries can develop shots
U.S. President Joe Biden delivers remarks on the authorization of the coronavirus disease (COVID-19) vaccine for kids ages 5 to 11, during a speech in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, November 3, 2021. Evelyn Hockstein | Reuters President Joe Biden on Thursday said the U.S. has […]
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Rivian is recalling about 500 of its electric pickups for a child-safety defect
Rivian R1T Field pickup Source: Rivian Rivian Automotive is recalling some of its electric pickups because of an airbag defect that could injure a child in a crash, according to a letter from the National Highway Traffic Safety Administration dated Wednesday. A total of 502 R1Ts are affected, about 10% of Rivian’s total vehicle production […]
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The job interview question that helped this 25-year-old negotiate her $115,000 salary
Welcome to Paycheck to Paycheck, where workers across the U.S. share how much they earn, how they got to their salary and their best negotiating tips. Ready to join the salary transparency conversation? Apply to be a part of the series here. In this installment, a 25-year-old shares how she makes $115,000 working as a senior data […]
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Alphabet CEO Sundar Pichai on inflation, investing in growth, and free speech on the internet
CNBC: Sundar Pichai, CEO of Alphabet and Google being interviewed by Deirdre Bosa. CNBC Google CEO Sundar Pichai said that while consumers are putting the Covid pandemic in the rearview mirror, the economy is clearly a growing concern for the company and the broader market. “We definitely see uncertainty ahead, like everyone else,” Pichai told […]
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Boeing considers redesigning problematic valve that has kept Starliner from flying NASA astronauts
Boeing’s Starliner capsule for the Orbital Flight Test 2 (OFT-2) mission is lifted on top of United Launch Alliance’s Atlas V rocket on May 4, 2022. Frank Michaux / NASA Boeing is examining whether to redesign the propulsion valves on its Starliner crew capsule, a crucial system that has kept the company from flying astronauts […]
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GameStop surges more than 30% and is halted in odd trading; AMC shares also pop
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Shares of two meme stocks surged on Thursday, adding an unexpected wrinkle for a stock market that has been dropping in choppy trading for more than a month. […]
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Gasoline, diesel prices rise to another record amid rampant inflation
A gas station is seen as the average price of gasoline reach all-time high at $4.37 per gallon (about 3.8 liters) in Virginia, USA on May 10, 2022. It’s claimed that gasoline prices vary by region. Yasin Ozturk | Anadolu Agency | Getty Images Retail diesel and gasoline prices climbed to another record high Thursday, […]
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GM shares hit new 52-week low following Wells Fargo downgrade
Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images DETROIT — Shares of General Motors on Thursday hit a new 52-week low and opened at their lowest price since November […]
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Cryptocurrency luna now almost worthless after controversial stablecoin it is linked to loses peg
Luna, the sister cryptocurrency of controversial stablecoin TerraUSD, has almost dropped to $0. The cryptocurrency markets have seen a steep sell-off over the last week after the TerraUSD stablecoin lost its $1 peg. Dan Kitwood | Getty Images News | Getty Images Luna, the sister cryptocurrency of controversial stablecoin TerraUSD, has collapsed to nearly $0. […]
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