Saturday, May 18, 2024

Business

Rivian About To Surpass GM As 2nd Most Valuable US Carmaker

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NEW YORK (AP) — Rivian Automotive, a company that went public a day ago and hopes to produce 1,000 electric vehicles by the end of the year, will surpass General Motors to become t...

Schultz Under Fire For Comparing Starbucks To Holocaust Prisoners

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NEW YORK (VINnews) — Starbucks is known as a company that cares about its employees. Yet in a recent effort to convey that message, Howard Schultz may have gotten carried away. ...

Edmunds Compares The Tesla Model 3 And Volkswagen ID.4

Introduced for 2021, the Volkswagen ID.4 is the German automaker’s first all-electric SUV and part of a new wave of electric vehicles for American consumers. It boasts a spacious i...

From Cryptocurrency To Cash: Ways To Bank Your Digital Coin

Cryptocurrency, the blockchain-based digital currency that has captured the interest of investors and financial service firms alike, has a challenging problem. It can be hard to ac...

Google Loses Appeal Of Huge EU Fine Over Shopping Searches

LONDON (AP) — A top European Union court on Wednesday rejected Google's appeal of a 2.4 billion euro ($2.8 billion) fine from regulators who found the tech giant abused its massive...

US Consumer Prices Soared 6.2% In Past Year, Most Since 1990

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WASHINGTON (AP) — Prices for U.S. consumers jumped 6.2% in October compared with a year earlier as surging costs for food, gas and housing left Americans grappling with the highest...

A Post-Covid Kosherfest

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NEW JERSEY (VINnews/Sandy Eller) - It was a somewhat smaller but increasingly exuberant experience at Kosherfest 2021, the two day expo returning to Secaucus after a one year hiatu...

With High-Profile Backers, EV Startup Rivian Goes Public

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SILVER SPRING, Md. (AP) — Shares in Rivian Automotive are set to trade publicly Wednesday, and the world should get a better idea of just how excited investors are about the electr...

The AP Interview: Facebook Whistleblower Fears The Metaverse

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BRUSSELS (AP) — Facebook whistleblower Frances Haugen warned Tuesday that the “metaverse,” the all-encompassing virtual reality world promised by the social media giant, will be ad...

Storied General Electric To Split Into 3 Public Companies

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NEW YORK (AP) - The storied American company General Electric will divide itself into three public companies focused on aviation, healthcare and energy. The company, founded in ...

Strict Vaccine Mandate Begins For Los Angeles Businesses

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LOS ANGELES (AP) — Before feasting on pancakes, burgers and milkshakes inside the Fred 62 diner in Los Angeles, patrons must now fork over proof of their COVID-19 vaccines for a wa...

Plenty Of Pitfalls Await Zuckerberg’s ‘Metaverse’ Plan

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When Mark Zuckerberg announced ambitious plans to build the "metaverse” — a virtual reality construct intended to supplant the internet, merge virtual life with real life and creat...

Biden’s Bet That Economy Would Boost Democrats Falls Flat

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WASHINGTON (AP) — The U.S. economy was supposed to help President Joe Biden and Democrats, but as of late it's been hurting them with voters. Biden on Friday praised the U.S. ec...

Elon Musk Tweets To Ask If He Should Sell Some Tesla Stock

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NEW YORK (AP) — Tesla CEO Elon Musk is asking on Twitter whether he should sell 10% of his stock in the electric-vehicle company amid pressure in Washington to increase taxes on bi...

Japan Game Maker Nintendo Sees No Quick Fix For Chips Crunch

TOKYO (AP) — The shortage in computer chips needed to make the Nintendo Switch machine is a serious problem unlikely to be resolved soon, the president of the Japanese video-game m...

Tiny House In Wealthy Boston Suburb Sells For $315,000

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NEWTON, Mass. (AP) — A tiny home in a wealthy Boston suburb has sold after about a month on the market, albeit for far less than the original asking price of almost $450,000. Th...

Purchased By Former Algemeiner Editor, New York Sun To Relaunch With Seth Lipsky As Editor

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NEW YORK (JTA) - The New York Sun, a New York City broadsheet published from 2002 to 2008, will relaunch its web site after a sale to a former editor of The Algemeiner Journal, a J...

500 Years After The Inquisition, Spain Finally Has A Vibrant Kosher Wine Industry

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MADRID (JTA) - Located in the Priorat region of Spain, hidden in the steep hills and lush mountains of the Tarragona province, 100 miles southwest of Barcelona, sits the Celler de ...

DoorDash Adds Safety Features To Help Protect Drivers

DoorDash is adding security features to its app to help protect drivers. The San Francisco-based delivery company said Wednesday it’s partnering with security company ADT on the...

Thai Companies Accused Of Fraud In Sales Of Medical Gloves

BANGKOK (AP) — Police in Thailand announced Wednesday the arrest of the head of a company suspected of cheating overseas buyers of millions of dollars they paid for undelivered med...