Business

Tesla announces new electric cars by mid-2025
Business, General, Technology

Tesla announces new electric cars by mid-2025

Tesla announces new electric cars by mid-2025 | Image Credit: ariseplay.com January 24, SAN FRANCISCO - Four persons with knowledge of the situation say that Tesla (TSLA.O), opens new tab, has informed suppliers that it plans to begin manufacturing of a new mass-market electric car called "Redwood" in mid-2025. Two of these individuals describe the model as a compact crossover. Elon Musk, the CEO of Tesla, has long piqued the interest of investors and enthusiasts for low-cost electric cars and self-driving robotaxis, which are anticipated to be produced on more economical platforms for future generations of electric cars. These models, which include a $25,000 entry-level vehicle, would enable it to compete with increasingly affordable EVs, including those produced by China's BYD (...
Toyota Land Cruiser 2024 – All Specifications, Features and Price in the USA Market
Business, General, Life Style

Toyota Land Cruiser 2024 – All Specifications, Features and Price in the USA Market

Toyota Land Cruiser 2024 Specs and Price | Image Credit: autoones.com Return of a Legend The Toyota Land Cruiser is a name synonymous with off-road prowess, legendary reliability, and a loyal following. After a two-year hiatus, the iconic SUV returns to the USA market in 2024, but this time with a few surprises. Let's delve into the all-new 2024 Land Cruiser, exploring its specifications, features, price, and what owners are saying about it. Related Article: Shares of IREDA and Suzlon Energy might join the Nifty Midcap 150; IRFC and Polycab India could join the Nifty Next 50: Nuvama Downsized and Hybridized Land Cruiser 2024 Gone are the days of the gargantuan, V8-powered Land Cruiser. The 2024 model sheds its bulk, opting for a smaller platform and a hybrid powertrain. This...
Kara Swisher profile – let’s take a look at this journalist in trend
Business, General

Kara Swisher profile – let’s take a look at this journalist in trend

Kara Swisher profile | Image Credit: rollingstone.com Kara Swisher is an executive producer of Vox Media's Code Conference, host of the Pivot podcast, and an editor-at-large for New York Media. In addition, she writes for the New York Times Opinion section and hosts the Sway podcast. She is a weekly guest on CNBC. In addition, Swisher co-founded Revere Digital, the company that owns both Recode and Code, and presented the Recode Decode podcast for five years. Prior to that, he co-produced and co-hosted "D: All Things Digital," a Wall Street Journal programme, with Walt Mossberg. It was a significant high-tech conference where prominent figures from the tech and media industries, including Steve Jobs and Bill Gates, were interviewed. Additionally, she and Mossberg co-executive edited ...
Mike Lazaridis’s Post-Blackberry Events
Business, General, Technology

Mike Lazaridis’s Post-Blackberry Events

Mike Lazaridis's Blackberry Events | Image Credit: theglobeandmail.com, from Google Images Here's what actually happened to Mike Lazaridis because the movie BlackBerry concludes before a few significant events that lead to the company's demise take place. In brief: The movie BlackBerry concludes with Mike Lazaridis opening crates of malfunctioning touchscreens, signaling the start of the company's demise. In 2012, Mike Lazaridis stepped down as co-CEO of RIM, and BlackBerry fell apart quickly after. Following his departure from BlackBerry, Lazaridis established an investment firm, participated in charitable giving, and provided assistance to researchers within the sector. The BlackBerry film closes with the beginning of Mike Lazaridis' company's demise, but it doesn't g...
Shares of IREDA and Suzlon Energy might join the Nifty Midcap 150; IRFC and Polycab India could join the Nifty Next 50: Nuvama
Business

Shares of IREDA and Suzlon Energy might join the Nifty Midcap 150; IRFC and Polycab India could join the Nifty Next 50: Nuvama

Suzlon Energy Share | Image Credit: millionaireideasblog.com Suzlon Share Price In a recent note regarding the upcoming Nifty rejig, Nuvama Institutional Equities stated that Indian Railway Finance Corp Ltd, Adani Power Ltd, and Jio Financial Services Ltd (JFS) may join Nifty Next 50 in the March rejig. It also noted that there is a slight chance that Polycab India Ltd and Union Bank of India will be added to the index in the rejig, with an announcement expected by the second half of February. The revision will take effect on March 31 and the deadline is January 31. Image Credit: businesstoday.in Adani Wilmar Ltd., PI Industries Ltd., Adani Wilmar Ltd., Procter & Gamble Hygiene, and Health Care Ltd. are anticipated to leave the index; Colgate-Palmolive Ltd. and Info Edge ma...
Internal Revenue Service (IRS): Put on hold—new IRS reporting requirements for digital assets (crypto)
Business

Internal Revenue Service (IRS): Put on hold—new IRS reporting requirements for digital assets (crypto)

Internal Revenue Service (IRS): Put on hold—new IRS reporting requirements for digital assets (crypto) | Image Credit: bankrate.com According to updated Internal Revenue Service (IRS) guidance, new regulations mandating that transactions involving digital assets valued at more than $10,000 be reported to the appropriate authorities will not be implemented immediately. "At this moment, digital assets are not needed to be included when assessing whether cash received in a single transaction (or two or more connected transactions) reaches the reporting requirement," according to the guidelines, which was released on Tuesday. Nonetheless, the guidance clarifies that the regulations (included in section 6050I of the Internal Revenue Code) will take effect upon the issuance of particula...
Wall Street reaches all-time high after a two-year journey marred by inflation
Business

Wall Street reaches all-time high after a two-year journey marred by inflation

Wall Street reaches all-time high after a two-year | Image Credit: untappedcities.com S&P 500 rises to a record high amid expectations of a rate decrease as inflation declines. Wall Street reached all-time highs once more, after a torturous two-year journey marred by high inflation and concerns about a potential recession that appeared imminent but never materialized. Professional investors regard the S&P 500 as their primary indicator of Wall Street health, and it increased 1.2% to 4,839.81. At the beginning of 2022, it erased the last of its losses after breaking its previous record of 4,796.56. It fell by as much as 25% during that period as inflation shot up to unprecedented heights since Thelonious Monk and Ingrid Bergman's era in 1981. Wall Street was more afraid ...
Nissan Signs R&D Agreement With Leading University to Export China-Made EVs
Business, Life Style, Technology

Nissan Signs R&D Agreement With Leading University to Export China-Made EVs

Nissan Signs R&D Agreement With China-Made EVs | Image Credit: Reuters To take advantage of China's reduced production costs, the Japanese carmaker is joining international companies like Tesla and BMW in increasing the amount of automobiles they export from the nation. Nissan Motor of Japan has revealed plans to start exporting electric cars (EVs) created in China and has signed an agreement with Tsinghua University of China to intensify research in this area. Nissan declared that it will collaborate with Tsinghua to launch a joint research center the next year and that it would use regional assets to expedite electrification-related research and development. Also Read: Travis Kelce feels under pressure to get Taylor Swift the ideal Valentine’s Day gift The carmaker int...
ERC suggests turning penalties into reimbursements to customers
Business

ERC suggests turning penalties into reimbursements to customers

ERC proposes conversion of fines into customer refunds | Image Credit: CNBC - image.cnbcfm.com The Energy Regulatory Commission (ERC) wants to use fines that companies in the power business that violate the law to reimburse customers who lost electricity. This was the Electric Power Industry Reform Act (EPIRA) of 2001, Republic Act 9136, as amended by the ERC as part of its ongoing investigation into the four-day extensive outage that afflicted Western Visayas early this month. In a press release on Friday, the ERC said its chairman and CEO Monalisa Dimalanta proposed the suggestion during the congressional investigation into the region-wide power outage at the House of Representatives on Thursday. The EPIRA grants the ERC the authority to fine power industry participants betwe...
Supreme Court will hear case about pro-union baristas’ termination from Starbucks
Business

Supreme Court will hear case about pro-union baristas’ termination from Starbucks

Supreme Court will hear case about pro-union baristas' termination from Starbucks | Image Credit: Yahoo Finance - s.yimg.com The coffee business was ordered to reinstate seven employees at one of its Memphis, Tennessee, locations after a federal agency discovered that the employees had been dismissed for supporting unions. On Friday, the Supreme Court decided to hear Starbucks' appeal of the court ruling.The baristas, known as the "Memphis Seven," have filed a complaint with the National Labour Relations Board claiming they were sacked for taking part in a public attempt to form a union. A federal appeals court upheld the federal judge's ruling last year, requiring Starbucks to rehire the employees in 2022. The criterion that the NLRB uses to pursue court injunctions in their legal ...