China-based XPeng Motors (NYSE: XPEV) announced Monday that it has started accepting pre-orders for the Xpeng P5, its third and most recent production model. It joins a product lineup consisting of the G3, a compact SUV, and the P7 "sports sedan." Not for the first time, Xpeng boasted that its new offering is the first EV on the market that will feature "automotive-grade lidar technology."
The European Union's top officials must be replaced as they do not deserve another chance after the impending European Parliament elections, Hungarian Prime Minister Viktor Orban said on Friday. Budapest has also been locked in disputes with the European Commission over rule-of-law reforms that have resulted in the suspension of billions of euros' worth of EU funds for Hungary.
During jury selection on Thursday, seven jurors were seated, bringing the total number to 12. Six alternates still need to be chosen before opening arguments in the case against former President Donald Trump can begin.
"Given the strength of the labor market and progress on easing inflation seen over a longer arc, I believe the Fed's current restrictive monetary policy is appropriate," Goolsbee said in brief remarks prepared for a moderated discussion at a conference in Chicago held by the Society for Advancing Business Editing and Writing. The belief that rates will need to stay high for longer to get price pressures moving down again is now the dominant view at the Fed. The U.S. central bank has kept its policy rate in the 5.25%-5.50% range since last July, and just a few weeks ago most policymakers, including Goolsbee, thought at least three rate cuts this year would be appropriate.
Nicola Sturgeon has said her husband being charged with embezzling funds from the SNP is “incredibly difficult” for her as she broke her silence on the development.
TALLINN, Estonia (AP) — A former Russian tycoon jailed in Azerbaijan on charges stemming from his time as a top separatist figure in the Karabakh region has gone on a hunger strike, his family said Friday. Ruben Vardanyan started the fast two weeks ago to press demands for a speedy trial, news agencies cited the family as saying. Vardanyan cofounded Troika Dialog, once among Russia's top investment banks, and amassed wealth estimated at reaching $1 billion. In 2022, he renounced his Russian citi
U.S. investment company KKR has sent European Union antitrust authorities a formal notice about its proposed buyout of Telecom Italia's (TIM) fixed-line access network, the former phone monopoly said on Friday. TIM said the confirmation it had received from KKR indicated that the project was progressing according to schedule. TIM has agreed to sell its domestic network to KKR for up to 22 billion euros ($23.5 billion) as part of a government-backed plan aimed at cutting debt and relaunching the group.
Preview capsules for the first round of the NBA playoffs, which start Saturday. ___ EASTERN CONFERENCE No. 2 NEW YORK KNICKS (50-32) vs. No. 7 PHILADELPHIA 76ERS (47-35) Season series: Knicks, 3-1. Story line: The Knicks finished with their best record and highest seed since winning 54 games in 2012-13. They didn't get much of a reward for that, with the opponent being a 76ers team that surged after Joel Embiid returned from knee surgery, winning their final eight games of the regular season and
Polen Capital, an investment management company, released its “Polen Focus Growth Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. The US stock market started 2024 optimistically. In the first quarter, the fund returned 8.29% (gross) and 8.09% (net) compared to 11.41% for the Russell 1000 Growth Index and […]
Environmentalists celebrate new rules but Alaska politicians call it an ‘illegal’ attack on state’s livelihood and predict lawsuits
Worshipers in Tehran chanted slogans against Israel hours after an apparent Israeli drone strike in Iran. It came days after Tehran’s unprecedented drone-and-missile assault on Israel. (AP Video: Mohsen Ganji)
Netflix, Inc. (NASDAQ:NFLX) Q1 2024 Earnings Call Transcript April 18, 2024 Spencer Wang: Good afternoon, and welcome to the Netflix Q1 2024 Earnings Interview. I’m Spencer Wang, VP of Finance, IR and Corporate Development. Joining me today are Co-CEOs, Ted Sarandos and Greg Peters; and CFO, Spence Neumann. As a reminder, we will be making […]
There’s a 64-win team in Boston that ran away with the league’s best record. The defending champions in Denver, a group that won 57 games. A fearless young bunch in Oklahoma City, whose No. 1 seed was no fluke. A trio of Villanova alums in New York, who turned the Knicks into a real contender. And, once again, there’s LeBron James, too. The NBA playoffs are about to begin with the Celtics and Nuggets the heavy favorites — at least according to BetMGM Sportsbook — to collide in the Finals, and no
Tesla has recalled thousands of Cybertrucks after US regulators found that the new vehicle’s pedals could get stuck and lead the car to accelerate unintentionally.
Lim Ki-mo’s first heard Brazilian music 50 years ago in his home town of Busan; now his consular crooning marks a triumph of soft power
Vermont man grows solutions to address local food shortage
Step into sandal season with these "super comfy" slides.
MANCHESTER, England (AP) — Before Eric Cantona, David Beckham or Cristiano Ronaldo, there was Mark Robins. The list of Manchester United greats is long but Robins is not on it. Yet he is widely regarded as the man who saved former manager Alex Ferguson his job and provided the platform for more than two decades of success. On Sunday, Robins could push current United coach Erik ten Hag closer to the brink by leading his second-tier Coventry team to a shock win over United in the FA Cup semifinals
A spectacular sunset bathed the San Francisco skyline in red and yellow on Wednesday, April 17.Photographer Shreenivasan Manievannan captured this spectacular timelapse footage showing the sun passing behind the Salesforce Tower and other buildings in the city before disappearing.According to the San Francisco Chronicle, the gorgeous sunset on Wednesday was caused by a high-pressure system known as “dirty ridge.” Credit: Shreenivasan Manievannan via Storyful
“Liz is the Grinch who wants to stop Christmas!”
The exact number of deaths caused by the storm is not yet known
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