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U.S. stocks opened lower Monday morning, with equities poised for more turbulence this week as fears of excessive Fed tightening and a wild run in currency markets rattle investors.
Or will car buyers be in for another year of sky-high vehicle prices? Car manufacturers have been grappling with microchip shortages since the early stages of the pandemic. Furthermore, due to chip shortages, manufacturers are prioritizing their most expensive vehicles, thereby forcing some consumers to buy higher-end cars instead of the more moderate-level vehicles they might otherwise be content with.
BMW expects to reach the higher end of its 7-9% margin target for the cars business and sees slight sales growth in 2023, chief financial officer (CFO) Nicolas Peter said in a roundtable on Monday. Asked how BMW was responding to the gas shortage in Europe, Peter said it had reduced its gas intake in Germany and Austria by 15% and expected to be able to cut it further.
Americans hoping for a fourth stimulus check from the federal government may soon be getting one -- but it will not come directly from Washington. The American Rescue Plan Act, signed into law by President Joe Biden in March of 2021, provided lots of money to states to cope with the pandemic. This has resulted in states having massive budget surpluses.
Macy's Inc said on Monday it plans to hire more than 41,000 full- and part-time workers ahead of the upcoming holiday shopping season. The department store chain said hiring for the seasonal positions will be at its Macy's, Bloomingdale's and Bluemercury stores, supply chain locations and call centers. Last year, Macy's had planned to hire 76,000 full- and part-time workers for the holiday season, with about 48,000 of the roles specifically for the holiday season and the rest were permanent positions.
Faraday Future Intelligent Electric Inc said on Monday the electric-vehicle startup had reached an agreement with its largest shareholder to resolve a governance dispute, adding that Sue Swenson will step down as executive chairperson. The company said it had raised $100 million to start the production of its FF 91 electric luxury car, adding that Brian Krolicki will also step down Faraday Future's board. Earlier this month, shareholder FF Top Holding sued Faraday Future seeking the removal of two board members, according to a court filing.
TIkTok is facing a £27 million fine for endangering children online in a landmark duty of care ruling.
Sterling sinks close to $1.03 as global markets react to the UK's biggest tax cuts in 50 years.
Global Automotive Telematics Market 2022-2026 The analyst has been monitoring the automotive telematics market and it is poised to grow by $ 109. 84 bn during 2022-2026, accelerating at a CAGR of 17.New York, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Automotive Telematics Market 2022-2026" - https://www.reportlinker.com/p04391055/?utm_source=GNW 22% during the forecast period. Our report on the automotive telematics market provides a holistic
England's journey to next year's Rugby World Cup in France begins in earnest in November, with four crucial Autumn Internationals against Japan, Argentina, New Zealand and South Africa.
The annual rugby carnival that is the Autumn Internationals begins at the end of October, with England, Wales, Scotland and Ireland set to be tested by the best from the southern hemisphere.
The Junior League of Bakersfield will host its fourth annual Oktoberfest fundraiser on Saturday, October 1st. The event will take place from 5:30 p.m. until 9:30 p.m. Proceeds from the event will go towards the Junior League of Bakersfield and its mission, as well as the league's efforts to improve literacy in Kern County. 23ABC is a proud sponsor of Oktoberfest.
"Floyd Mayweather is ruining his legacy fighting no-name guys, wasting his fans' money, wasting his fans' time."
Each year, the International Day for Universal Access to Information serves as a useful signpost for Canadians as we take stock of our progress toward greater government transparency.
U.S. automotive brake system & components market is predicted to surpass a valuation of US$ 12,751.6 Mn by the end of 2022. The U.S. is expected to dominate the market owing to the surge in the large number of passenger cars and commercial vehicles in the country.NEWARK, DEL., Sept. 26, 2022 (GLOBE NEWSWIRE) -- The global automotive brake system & components market is expected to showcase opulent growth over the forecast period from 2022 to 2032 by generating a stable CAGR of 4.7%. The global ma
San Diego, California--(Newsfile Corp. - September 26, 2022) - Thiogenesis Therapeutics, Corp. (TSXV: TTI) ("Thiogenesis" or the "Company") is pleased to announce that shareholders have approved all matters put forward at its Annual and Special Meeting ("ASM") held on September 19th, 2022.All five members of the Company's board of directors, Dr. Patrice Rioux, Dr. Christopher Starr, Kim Tsuchimoto, Hogan Mullally and Brook Riggins, named as nominees in the Company's management information circul
"You're acting like he's already dead," actress Beverly Todd says to Angela Bassett's Athena in an exclusive preview clip from tonight's episode of the Fox first-responder drama.
PALO ALTO, Calif., Sept. 26, 2022 (GLOBE NEWSWIRE) -- KINS Technology Group Inc (NASDAQ: KINZ) (“KINS”), a special purpose acquisition corporation sponsored by KINS Capital LLC, announced the execution of an agreement and plan of merger the (“Merger Agreement”) pursuant to which it will acquire a leading-edge workplace experience application business from Inpixon (NASDAQ: INPX). The transaction will be structured as a business combination with Inpixon’s wholly owned subsidiary, CXApp Holdings Co