A Tesla dealership in Colma, California, U.S., on Wednesday, Jan. 26, 2022. David Paul Morris | Bloomberg | Getty Images Tesla cut the price of some Model 3 and Model Y versions in the U.S. after the company reported third-quarter deliveries that missed market expectations. The starting price for the […]
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Russia’s government lifts ban on most of its diesel exports
In this photograph taken on September 22, 2023, the Eneida bulk carrier cargo ship sails towards the Ukrainian Black sea port of Chornomorsk, amid Russia’s military invasion on Ukraine. – | Afp | Getty Images Russia’s government on Friday said it had withdrawn a ban on diesel exports delivered to […]
A new Chile? Argentina is at the epicenter of a new ‘white gold’ rush
A general view of the pools for the process of salt extraction at Salinas Grandes on March 28, 2023 in Jujuy, Argentina. Ricardo Ceppi | Getty Images News | Getty Images Momentum behind Argentina’s lithium mining boom is picking up fast. The country is thought to be on track to […]
Do menopause retreats work — and why are people paying $15,000 for them?
Belly dancing, yoga in the forest, traditional Chinese medicine and meetings with a nutritionist. These are some of the activities that can be found at menopause retreats, a wellness trend carving a new niche in the tourism industry. Menopause retreats are tailored to help women navigate the different stages of […]
After two failed attempts in the past year, Japan could be next in line to land on the moon
An H2-A rocket carrying a small lunar surface probe and other objects lifts off from the Tanegashima Space Centre on Tanegashima island, Kagoshima prefecture on September 7, 2023. Str | JIJI Press | Afp | Getty Images Japan has failed twice to make its mark on the moon in the […]
China plans to ease one of the biggest hurdles for foreign business
Pictured here is an exhibition on big data for transportation in Chongqing on Oct. 21, 2020. China News Service | China News Service | Getty Images BEIJING — Chinese authorities are signaling a softer stance on once-stringent data rules, among recent moves to ease regulation for business, especially foreign ones. […]
JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning
JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer, high interest rates are creating a breaking point for stocks — and choosing cash at a 5.5% return in money market and short-term Treasurys is a key protection strategy right […]
Jim Cramer singles out weakened sectors, says the bearishness is ‘irrepressible’
CNBC’s Jim Cramer on Thursday highlighted weakness in sectors he previously considered bullish, saying pervasive bearishness will constrain any potential market rally. “The bear is roaming free right now except in tech. It’s irrepressible,” Cramer said. “And without more sectors changing their coloration, any rally will still be constrained beyond […]
Levi Strauss cuts full-year sales forecast again, as inflation takes a toll
Levi’s 501 blue jeans on display. Sean Gallup | Getty Images Levi Strauss on Thursday cut its full-year sales forecast, as it missed Wall Street’s quarterly revenue expectations and was dragged down by weaker shopping trends at department stores and big-box retailers across the U.S. Shares fell slightly in extended […]
Apple considered buying Bing from Microsoft in 2018
John Giannandrea David Paul Morris | Bloomberg | Getty Images Apple considered buying the Bing search engine or making a “multibillion dollar investment” in a joint venture with Microsoft in 2018, according to a transcript of testimony from Apple’s head of machine learning and former Google exec John Giannandrea that […]