Wednesday January 26-th, 2022

Japan's 'flying car' gets off ground, with a person aboard! Japan's 'flying car' gets off ground, with a person aboard!

The decades-old dream of zipping around in the sky as simply as driving on highways may be becoming less illusory. "We are exceptionally energized to have realized Japan's initial-at any time manned flight of a flying auto in the two decades cons...

Reliance Retail acquires retail and wholesale business from the Future Group Reliance Retail acquires retail and wholesale business from the Future Group

The company, which past year bought a tiny portion of Future Group's business , was in talks to increase its stakes in the firm, according to earlier local media reports. Future Retail operates 1,550 stores. "It's the equivalent of Walmart acquirin...

NZX feels the DDoS force for fourth day running NZX feels the DDoS force for fourth day running

NZX was hit on Tuesday and Wednesday by distributed denial of service (DDoS) attacks, a common way to disrupt a server by overwhelming it with a flood of internet traffic. "Given that this is an ongoing response, NZX will not be providing detail on ...

Bigger, longer-lasting Tesla batteries are Bigger, longer-lasting Tesla batteries are "not far" away, Elon Musk claims

In what could only be described as the flawless setup for its 5-for-1 stock split, Tesla stock (NASDAQ: TSLA ) managed to hit a market cap of $420 billion. As of June , Musk owned 40.4 million Tesla shares, which would account for $US87 billion ...

SIA plane among eight Boeing Dreamliners found with defect SIA plane among eight Boeing Dreamliners found with defect

One of the affected aircraft is operated by Singapore Airlines Ltd. Aircraft for United Airlines UAL .O , Singapore Airlines SIAL.SI and Air Canada AC.TO are impacted by the impromptu grounding, aviation publication Air Current , which first repo...

China's Xpeng Motors shares pop 40% in bumper New York IPO China's Xpeng Motors shares pop 40% in bumper New York IPO

The IPO-the underwriters for which include Credit Suisse, JPMorgan Chase and Bank of America-will give Xpeng a vital financial boost as it faces increasing competition from rival electric carmakers within China, as well as US-based rival Tesla Inc....

Ford Escapes park themselves in automated valet project in Detroit Ford Escapes park themselves in automated valet project in Detroit

The research will take place in Detroit's Corktown neighborhood, the site of Ford's new mobility innovation district, anchored by Michigan Central Station that the automaker is in the midst of rehabilitating to use as its technology headquarters.

Amazon orders 1800 EVs from Mercedes-Benz in green effort Amazon orders 1800 EVs from Mercedes-Benz in green effort

As part of The Climate Pledge , Amazon is investing in renewable energy as a critical step toward addressing its carbon footprint globally and has pledged to run on 100% renewable energy by 2025. The eSprinter can take a maximum payload of 900 kil...

Gold Price Today: Futures inch higher tracking global cues, spot prices dip Gold Price Today: Futures inch higher tracking global cues, spot prices dip

Kedia Commodity Comtrade has advised a "BUY" on the MCX Gold October contract, above Rs 51,240 per 10 grams, with a target of Rs 51,520-51,800, while keeping a stop loss below Rs 51,060. Gold has fallen more than 0.5 per cent so far this week. "The...

AirPods sales continue to crush rivals but Chinese threaten Apple domination AirPods sales continue to crush rivals but Chinese threaten Apple domination

While the obvious high-profile products like Samsung's Galaxy Buds are taking some of Apple's AirPods mindshare away, the reality is that these actually only account for about 6 percent of the market, according to research cited by Bloomberg .

Coca-Cola to offer buyouts to 4,000 workers in the United States and Canada Coca-Cola to offer buyouts to 4,000 workers in the United States and Canada

The company said it will offer similar deals in other countries with the aim of reducing involuntary layoffs, but did not give details. Coca-Cola Co on Friday joined a list of big USA companies laying off thousands of workers in response to the ...

Canada's economy posted it's worst drop on record in second quarter Canada's economy posted it's worst drop on record in second quarter

In May, the country's economic output rebounded by 4.8 percent and their was an increase in June of 6.5 percent. The Canadian economy suffered its worst three-month stretch on record in the second quarter as the economy came to a near halt in April...

Google Employees To Not Return To Offices Until July 2021 Google Employees To Not Return To Offices Until July 2021

It also makes Google the first major U.S. company to announce such an extended timetable in the wake of Covid-19 pandemic. In the meantime, Covid-19 has infected 16,652,434 people globally and killed 656,678. So reports the Wall Street Journal , w...

Royal Bank of Canada profit beats estimates on record capital markets earnings Royal Bank of Canada profit beats estimates on record capital markets earnings

The bank says the result came as it posted record earnings in its capital markets business as well as solid earnings in insurance, offset by lower results in its personal and commercial banking, wealth management and investor and treasury services bu...

TikTok chief Kevin Mayer quits after Trump threatens app ban TikTok chief Kevin Mayer quits after Trump threatens app ban

During the hour-long town hall, employees lobbed a stream of anonymous questions to interim TikTok chief Vanessa Pappas, general counsel Erich Andersen and Blake Chandlee, vice president of global business solutions. The project was initiated inter...

Princess Cruises makes big changes to cruise operations Princess Cruises makes big changes to cruise operations

Carnival Corp's Princess Cruises said on Monday it would cancel early 2021 cruises on two ships, citing travel, border and port restrictions due to the COVID-19 pandemic. Guests now booked on these cancelled voyages will receive a refundable Future...

Fannie-Freddie new fee on loan refinances delayed three months Fannie-Freddie new fee on loan refinances delayed three months

The Federal Housing Finance Agency said on Tuesday that a new fee scheduled to go into effect next month, which would have made it more expensive for homeowners to refinance their mortgage , will be postponed. On Tuesday, officials said delaying the...

Tesla Nevada Factory Was Target of 'Serious' Cyber-Attack, Elon Musk Confirms Tesla Nevada Factory Was Target of 'Serious' Cyber-Attack, Elon Musk Confirms

Wearing a wire - are we sure this isn't going to be made into a movie? - the employee was able to record their interactions with Kriuchkov, and on August 22, he was arrested as he attempted to flee from the Los Angeles airport. Kriuchkov also said ...

Shinzo Abe, Japan’s longest-serving prime minister, announces resignation Shinzo Abe, Japan’s longest-serving prime minister, announces resignation

Japan's longest-serving prime minister, Shinzo Abe , on Friday announced he was resigning due to ill health. Japan's prime minister Shinzo Abe is to step down because a chronic illness has resurfaced. He was unable to revise the pacifist Con...

IKEA and Lego Teamed up to Create These Genius Storage Boxes IKEA and Lego Teamed up to Create These Genius Storage Boxes

IKEA and Lego , two companies known for selling products that customers have to build themselves, have finally revealed the fruits of their collaborative labour first teased two years ago. They can store their stories inside them, and proudly displ...

US Federal Reserve to tolerate higher inflation in landmark policy shift US Federal Reserve to tolerate higher inflation in landmark policy shift

The central bank will no longer raise interest rates following a drop in unemployment to preemptively stamp out a rise in inflation, a practice that has been in place for decades. "Powell's speech sparked a roller coaster ride for asset markets esp...

EC President says commissioners must obey guidelines following Phil Hogan's resignation EC President says commissioners must obey guidelines following Phil Hogan's resignation

With Hogan as its point person, the EU has been pushing the Trump administration to scrap controversial tariffs on steel and aluminum, ward off threats of more USA duties on European goods including cars and negotiate a settlement to a longstanding t...

US weekly jobless claims tick down slightly to 1 million US weekly jobless claims tick down slightly to 1 million

In the two weeks since, initial claims have risen to 1,668. However, there were only 459 continued claims for the week ending August 22, down from 490 for the week ending August 15. In the short term, the Murphy administration filed its application...

Record-Setting Performance From S&P, NASDAQ Record-Setting Performance From S&P, NASDAQ

The S&P 500 is up 81.57 points, or 2.4%. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS closed 0.38% higher. Salesforce.com, the cloud computing company and soon-to-be Dow component, gave the S&P its biggest boost, its sha...

Jeff Bezos becomes first man worth over $200 billion Jeff Bezos becomes first man worth over $200 billion

What makes Bezos's bank account even more baffling is that if he and his wife would have stayed together, Forbes reports that Bezos would have an additional $63 billion. Bezos , don wealthy pass e be before. The pandemic has also paid massive d...

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