Fisker remains far from meeting CEO and founder Henrik Fisker’s publicly stated goal of delivering 300 electric SUVs per day globally, according to internal documents viewed by TechCrunch. The EV startup spent much of December aiming to meet an internal sales goal of between 100 and 200 vehicles a day in North America, where the…
Logan Paul is offering refunds for CryptoZoo, the failed and allegedly fraudulent Pokémon-inspired NFT game that he launched in 2021. The catch? You can’t sue him if you get a refund. In an X (formerly Twitter) post on Thursday, Paul announced that he is “personally committing” more than $2.3 million to buy back NFTs purchased…
In startup land, the life cycle of birth, growth and the inevitable leap of faith happens at a breakneck pace. Still, we occasionally fall into the trap of grieving the demise of these companies. My opinion? That’s a poor move. The whole point of a startup is to build something enduring. A corporate Mount Rushmore,…
By Michael S. Derby NEW YORK (Reuters) -Alberto Musalem, an economist and former New York Federal Reserve staffer, has been tapped to become the new president of the St. Louis Fed, the regional bank said on Thursday. Musalem, 55, succeeds James Bullard, who led the St. Louis Fed from 2008 until his unexpected resignation last…
© Reuters. FILE PHOTO: Mexico’s Central Bank (Banco de Mexico) building in downtown Mexico City, Mexico August 9, 2022. REUTERS/Henry Romero/File Photo By Brendan O’Boyle MEXICO CITY (Reuters) -Most members of the Bank of Mexico’s governing board called for caution as the central bank of Latin America’s No. 2 economy eyes possible rate cuts in…
By Nell Mackenzie LONDON (Reuters) -Billionaire investor Cliff Asness’s AQR Capital Management finished 2023 with double digit returns in several of its funds, buoyed by stock selection, bonds, European natural gas and iron ore, a source familiar with the matter said on Thursday. The $99 billion investment manager, known for its quantitative strategies, returned a…
SpaceX launched its first batch of Starlink satellites that will be able to connect directly to cell phones ahead of planned testing later this year. The company launched six Starlink satellites with this capability with a batch of 15 other Starlink birds aboard a Falcon 9 rocket late last night. SpaceX obtained approval from U.S.…
U.S. auto sales rebounded in 2023, marking the best year since before the pandemic…
Offshore wind turbines at two commercial-scale sites are now sending power to the U.S. grid. Moments before midnight on Tuesday, a single turbine near Martha’s Vineyard delivered 5 megawatts of renewable energy to the New England grid, developers said. The turbine is one out of 62 planned for Vineyard Wind 1, an offshore site owned…
Here’s what could happen to Tesla shares next…
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