General Motors’ Cruise autonomous vehicle unit has announced the appointment of Marc Whitten as its new CEO. Whitten, who has an impressive background in technology and business, is set to lead Cruise at a crucial time as the company works on testing and relaunching its autonomous vehicles on public roadways. Marc Whitten brings a wealth
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The ongoing issues with the new Free Application for Federal Student Aid (FAFSA) have caused significant delays in the distribution of financial aid award letters. This delay has not only created confusion for students and their families but has also prevented many high school seniors from applying for aid at all. As of June 14,
Recently, the man who viciously attacked Nancy Pelosi’s husband with a hammer was found guilty in a state trial for the heinous crime. David DePape had previously been convicted on federal charges for the assault on Paul Pelosi during a break-in at their San Francisco home. Paul Pelosi recounted the terrifying experience of being confronted
As we approach the second half of 2024, the stock market continues to show signs of strength with the S & P 500 rallying more than 15% and reaching record levels. Investors are keen on artificial intelligence-related stocks such as Nvidia, and top investment firms like Goldman Sachs, Evercore ISI, and Citi are optimistic about
In a significant move, members of the Amazon Labor Union have voted to affiliate with the International Brotherhood of Teamsters, marking the first time a group of company workers have successfully organized at a U.S. warehouse. The joint statement released by both groups revealed that approximately 98% of ALU members supported joining forces with the
As temperatures soar across the nation, almost 72 million people are currently under warnings of extreme heat, according to the National Weather Service. With the summer solstice just around the corner and a weeklong heat wave predicted for the East Coast and the Midwest, the summer of 2024 is already proving to be a scorching
The U.S. Treasury yields experienced a decline on Friday as new data indicated a decrease in inflationary pressures. The 10-year Treasury yield was reported to be trading at approximately 4.211% at 6:29 a.m. ET, reflecting a decrease of 3 basis points. Similarly, the 2-year Treasury note yield also decreased by 1 basis point, settling at
Databricks, a leading data analytics software vendor, has recently reported significant growth projections to its investors. According to the company’s CFO Dave Conte, Databricks is on track to achieve annualized revenue of $2.4 billion by the midpoint of this year. This represents a 60% increase in annualized sales through July, marking a substantial growth trajectory
The International Energy Agency recently released a report predicting a surge in global oil production led by the United States. The report suggests that this increase in production will outstrip demand growth until 2030, resulting in unprecedented levels of spare capacity in the market. This forecast has raised concerns about the implications for OPEC+ market
Boeing’s Starliner was supposed to be a groundbreaking human-grade space capsule, designed to transport astronauts to and from the International Space Station. However, since its inception in 2014, the project has faced numerous challenges and setbacks. Despite receiving a hefty $4.2 billion contract from NASA under the Commercial Crew Program, Boeing has struggled to deliver