United States
Electric and hybrid vehicles will account for nearly half the cars on the road by 2040, Goldman predicts
Electric vehicles are expected to make up a larger share of cars on the road by the end of the decade, benefiting a host of companies across industries. Source
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U.S. authorities accuse Russian oligarch Viktor Vekselberg of bank fraud, money laundering as his yacht is seized
The yacht called “Tango” owned by Russian billionaire Viktor Vekselberg, who was sanctioned by the U.S. on March 11, is seen at Palma de Mallorca Yacht Club in the Spanish island of Mallorca, Spain March 15, 2022. Juan Medina | Reuters U.S. authorities accused Russian oligarch Viktor Vekselberg of conspiring to commit bank fraud and […]
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Ford’s first-quarter sales fell 17% as the automaker battled a chip shortage
An employee works on the 40 millionth Ford Motor Co. F-Series truck on the assembly line at the Ford Dearborn Truck Plant on January 26, 2022 in Dearborn, Michigan. Jeff Kowalsky | AFP | Getty Images DETROIT – Ford Motor’s U.S. sales of new vehicles declined 17% during the first quarter, including a 26% slide […]
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This map shows where nuclear reactors are being built and where they are shutting down
There are 93 commercial nuclear reactors operating in the United States at 55 locations in 28 states. The majority of nuclear reactors are in the eastern portion of the U.S. Currently, 25 reactors are in some phase of decommissioning. There are also licenses approved for another eight nuclear reactors to be constructed in the U.S. […]
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This daughter and father founded a company to bury nuclear waste by drilling deep boreholes
Zoom In IconArrows pointing outwards Elizabeth Muller, the CEO, and Richard Muller, the chief technology officer, of Deep Isolation, in Texas for their 2019 demonstration. Photographer: Roman Pino, Courtesy Deep Isolation There is no permanent nuclear waste depository in the United States. Instead, nuclear waste is stored in dry casks at the locations of currently […]
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Russia faces barrage of new sanctions after accusations of atrocities in Bucha, Ukraine
A man gestures at a mass grave in the town of Bucha, northwest of the Ukrainian capital Kyiv on April 3, 2022. Sergei Supinsky | AFP | Getty Images The U.S. and its European allies are preparing to deliver another slew of sanctions on Russia following mounting evidence of war crimes committed by its forces […]
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Dimon says confluence of inflation, Ukraine war may ‘dramatically increase risks ahead’ for U.S.
Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlo Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest U.S. bank by assets, pointed to a potentially unprecedented combination of risks facing the country in his annual shareholder letter. Three forces are […]
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Obama to return to White House to celebrate health care reform
Former US President Barack Obama gestures as he speaks at the 2021 climate summit in Glasgow on November 08, 2021. NBC News reports Obama will return to the White House on Tuesday for the first time since he left office to promote the Affordable Care Act in an event alongside President Joe Biden. Jeff J […]
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These are the best stocks to own as bond yields rise, Jefferies says
Jefferies has named the best stocks to own during rising U.S. 10-year Treasury yields. Source
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Op-ed: A new world order is emerging — and the world is not ready for it
DUBAI – “Are we ready for the new world order?” The provocative title of the panel that lead off the ambitiously named World Government Summit here last week was framed to suggest that a new global order is emerging — and the world is not ready for it. There has been a proliferation of writing […]
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