General Motors (GM) EV push will soon pay off. GM investors are gearing up for an update from CEO Mary Barra this week that includes a mention of the automaker turning a profit on its electric vehicles in 2025. As the race to claim EV market share heats up, many automakers are taking significant losses
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In this article EQNR-NO EQNR Follow your favorite stocksCREATE FREE ACCOUNT Offices of Equinor photographed in Feb. 2019. Equinor is one of several companies looking at developing floating wind farms. Odin Jaeger | Bloomberg | Getty Images A facility described as the world’s largest floating wind farm produced its first power over the weekend, with
Allegations of bullying against Dominic Raab are “plausible”, a former top civil servant has said following a slew of reports about the deputy PM’s behaviour. Lord Simon McDonald, who was permanent secretary at the Foreign Office between 2015 and 2020, said Mr Raab was a “tough boss” and the claims about him are believable. Numerous
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon is planning to lay off approximately 10,000 employees in corporate and technology roles beginning this week,
The Bank of England Governor has denied having any part in the downfall of Liz Truss. In an interview with Sky News, Andrew Bailey said that he “vehemently disagrees” with allegations that the Bank‘s actions precipitated the departure of the former prime minister. It followed claims from Narayana Kocherlakota, the former president of America’s Federal
SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns the rocket company and the social media platform that is seeing an exodus of advertisers. “SpaceX Starlink bought a tiny – not large – ad package to test effectiveness of Twitter advertising in Australia and Spain. Did
Blur drummer Dave Rowntree has told Sky News that playing Wembley Stadium is a “bucketlist” dream that was “hard to turn down”. Speaking shortly after the Britpop band made the announcement that they will play a one-off UK show at the venue in 2023, the musician revealed that organising the gig had gone “right up
8:45 AM ET What, you thought my Monday column was going to be about the Saints-Steelers game? After Sunday’s 33-30 victory by the Vikings in Buffalo, it was impossible to consider talking about anything else. With close competition from the first Falcons-Panthers game in late October, Vikings-Bills has to be considered the best game of
A suspect has been taken into custody after a shooting at the University of Virginia left three members of the football team dead. Authorities identified the suspect as Christopher Darnell Jones Jr, a student at the university in Charlottesville. Along with the three fatalities, two others were wounded when shots rang out in a parking
Rishi Sunak has avoided sticking to his predecessor’s pledge to increase defence spending to 3% of GDP ahead of the autumn budget, set to be unveiled on Thursday. During her campaign for Number 10, Liz Truss said the figure would be reached by the end of the decade. But asked if he would standby her
A gang of armed robbers have been jailed for a total of 141 years after a wave of violent attacks on security guards refilling cash machines. They used guns, knives, hammers and crowbars to terrorise staff before fleeing in a fleet of stolen vehicles and leaving few clues behind them. When banknotes got stained by
Russian foreign minister Sergei Lavrov was taken to hospital after his arrival in Bali for the G20 summit yesterday, the Indonesian authorities have said. Wayan Koster, the governor of Bali, said he had been taken in for a “check-up” at the Sanglah Hospital in the provincial capital, Denpasar, and was “immediately returned”. Three other Indonesian
US President Joe Biden has met his Chinese counterpart Xi Jinping and said they have a “responsibility” to show the two countries can “manage our differences”. Mr Xi went into the three-and-a-half-hour discussion prepared for a “candid and in-depth exchange of views” with Mr Biden, saying he hoped they would find areas of cooperation. And
Sky News meets Ukrainian teams near Kherson who are using drones to attack Russian artillery units across the border. But as the Russians have drones on their side too, it’s a race against time to launch their weapons before their positions are attacked. Read the latest here: https://bit.ly/3WPrSZb SUBSCRIBE to our YouTube channel for more
Retired Air Force Col. Cedric Leighton breaks down the latest from the Ukrainian battlefields and the impact of the weapons Russia is using in the war. #CNN #News
Electric motorcycles will be used in all-electric motorcades to escort delegates from the international community attending the annual G20 Summit. The G20 is a global forum that includes 19 countries and the European Union, together representing the world’s 20 largest economies. The main goals of the G20 Summit are to address issues with the global
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images FTX’s Sam Bankman-Fried tweeted Thursday morning that he is “sorry,” admitting that he “f—ed up” and “should have done better.” Bankman-Fried also announced that he is winding down
1:56 PM ET Associated Press No. 1 Georgia led an unchanged top five in The Associated Press college football poll Sunday, while the rest of the Top 25 was shuffled after eight ranked teams lost — including two big upsets in the Pac-12. For the second straight week, the Bulldogs received all but one of
SpaceX founder Elon Musk during a T-Mobile and SpaceX joint event on August 25, 2022 in Boca Chica Beach, Texas. Michael Gonzalez | Getty Images Elon Musk’s aerospace business SpaceX has ordered one of the larger advertising packages available from Twitter, the social media business he just acquired in a $44 billion deal and where
Taylor Swift has dominated this year’s MTV Europe Music Awards, taking home four of the six gongs she was up for – best artist, best video, best pop and best longform video. There had been high hopes for some of the British stars up for awards – including Adele, Ed Sheeran and Harry Styles, who
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