Share to FacebookShare to TwitterShare to LinkedinBosch plans to start making fuel cell stacks at its Anderson, South Carolina, plant in 2026 for hydrogen trucks. Bosch Bosch, the German conglomerate that makes everything from dishwashers to industrial software and security systems, is investing $200 million in its auto parts factory in South Carolina to produce…
Share to FacebookShare to TwitterShare to LinkedinTopline Billionaire Tesla CEO Elon Musk in a filing cited a Twitter whistleblower’s security concerns as a reason behind his attempt to scrap his planned $44 billion acquisition of the company, while also asking a court this week to delay a five-day trial over his Twitter takeover until November.…
Share to FacebookShare to TwitterShare to LinkedinTopline Tesla CEO and world’s richest person Elon Musk on Monday backed additional efforts to drill for natural gas and oil in the short term, in line with his recent change in tune on the use of non-renewable sources like fossil fuels and nuclear energy. Tesla CEO Elon Musk…
Share to FacebookShare to TwitterShare to LinkedinTopline The U.S. dollar hit a two-decade high on Monday, responding to Federal Reserve Chairman Jerome Powell’s comments that the central bank will continue to tackle inflation “forcefully”—signaling further interest rate hikes. The value of the U.S. dollar hit a 20-year high on Monday morning. SOPA Images/LightRocket via Getty…
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Share to FacebookShare to TwitterShare to LinkedinUntil now, claims that Apple would radically redesign the display of its flagship iPhones have been limited to leaked schematics and artist renders. But not anymore. A flurry of new leaks has seemingly exposed Apple’s notch-less iPhone 14 Pro for the first time. Moreover, Apple may have also revealed…
Share to FacebookShare to TwitterShare to LinkedinTopline The Secret Service told reporters Friday it recovered $286 million in Covid-19 relief loans meant for small businesses that were stolen by fraudsters, according to multiple outlets, adding to the total of billions of dollars in pandemic relief funds that investigators say were fraudulently obtained. Attorney General Merrick…
Share to FacebookShare to TwitterShare to LinkedinTopline The U.S. economy shrank for a second quarter in a row this year, a second estimate from the Bureau of Economic Analysis confirmed Thursday—once again signaling the start of a technical recession even as economists predict signs of a slowdown will only grow in the coming quarters, likely…
Sports’ all-time earnings leaders include two soccer stars, a tennis pro, an NBA forward, a prize fighter and a golf legend. Phil Mickelson’s rumored $200 million contract with the Saudi-backed LIV Golf tour is the latest, and largest, example of the value that sports leagues, brands and even sovereign wealth funds see in aligning themselves…
Share to FacebookShare to TwitterShare to LinkedinTopline The Euro fell below parity with the U.S. dollar on Monday for the second time this year as the Eurozone continues to face rising inflation while it prepares for a potential energy crisis this winter amid concerns of Russia squeezing supply of natural gas. The value of the…
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