Canoo, an electric vehicle startup, has furloughed 30 workers at its Oklahoma City assembly site for 12 weeks. The company says this is part of a broader realignment of its North American operations. In a statement, Canoo said, “This reduction is a continuation of our efforts to consolidate our U.S. workforce, which includes redistributing some ... Read more ›
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The stock market has often served as a surprising predictor of presidential election outcomes. According to Sam Stovall, chief investment strategist at CFRA Research, the incumbent party has retained power in every U.S. presidential election since 1944, except for two, when the stock market advanced in the months leading up to Election Day. This year, ... Read more ›
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The stock market rallied on Monday as investors looked ahead to a busy week of earnings reports from major technology companies. The Dow Jones Industrial Average gained 273.17 points, or 0.65%, to close at 42,387.57. The S&P 500 rose 0.27% to end at 5,823.52, while the Nasdaq Composite climbed 0.26% to finish at 18,567.19. Softening ... Read more ›
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BETA Technologies, a Vermont-based electric aviation startup, has secured over $300 million in equity funding. The round was led by QIA, with participation from Fidelity Management & Research Company, TPG Rise Climate, and United Therapeutics. The funds will be used to continue the production, certification, and commercialization of BETA’s solutions. These include the all-electric fixed-wing ... Read more ›
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The S&P 500 has gained around 1.5% on average between Election Day and the end of the calendar year, according to data from every presidential matchup since 1980. The 2024 election is poised to join a list of tight races. When looking at just the closest contests — 2000, 2004, 2016, and 2020 — the ... Read more ›
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Donald Trump has won the 2024 presidential election, defeating Vice President Kamala Harris. Trump secured the 270 electoral votes needed for victory after winning key battleground states like Pennsylvania, North Carolina, and Georgia. As the election results rolled in, US stock futures surged. The Dow Jones Industrial Average futures jumped nearly 1,200 points or about ... Read more ›
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U.S. stock futures, the dollar, and bitcoin surged after former President Donald Trump claimed victory in the presidential election. Fox News projected that Trump had won the presidency. The dollar climbed significantly, and Treasury yields hit their highest levels in four months. U.S. stock futures also saw substantial gains, while European futures indicated a positive ... Read more ›
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In the world of employee compensation, companies often use stock options to attract and retain talent. Two common types of stock options are Incentive Stock Options (ISOs) and Non-Qualified Stock Options (NSOs). Understanding the differences between these two options is crucial for both employers and employees. This article will explore their definitions, key features, tax ... Read more ›
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Elon Musk, the billionaire entrepreneur behind companies like Tesla, SpaceX, and Twitter, has claimed to be one of the top 20 players worldwide in the video game Diablo IV. This surprising revelation came during a recent appearance on The Joe Rogan Experience podcast. “The top 20… even the top 100 is totally dominated by China, ... Read more ›
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In the world of business, understanding cut-off time is essential for smooth operations. This concept refers to the specific deadline for completing transactions to ensure they are processed within a designated time frame. Cut-off time impacts various aspects of business, including financial transactions, compliance, and relationships with vendors and customers. By grasping the importance of ... Read more ›
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Amazon launched the Echo and Alexa ten years ago this week, on November 6th, 2014. The device quickly became a symbol of a new way of using technology through voice commands. Amazon and others believed this would revolutionize how we do everything. Now, Alexa devices are in millions of homes, listening and responding all day ... Read more ›
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Hyderabad-based drone technology startup Marut Drones has raised $6.2 million in a Series A funding round led by Lok Capital. The startup plans to use the funding to accelerate the development of advanced agricultural drones tailored to the specific needs of farmers. With agriculture as a central focus, the investment will also support the startup’s ... Read more ›
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Ekaterina Zaharieva has been confirmed as the new Commissioner for Startups, Research and Innovation. Congratulations, @EZaharievaMFA!#EPHearing #Zaharieva pic.twitter.com/SCUAf22R4r — EPP Group (@EPPGroup) November 5, 2024 Ekaterina Zaharieva, Bulgaria’s EU Commission designate, received support from lawmakers today to become the bloc’s first Commissioner for Startups, Research and Innovation. During a three-hour hearing in Brussels, Zaharieva pledged ... Read more ›
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See what's coming in Apex Legends: From the Rift and read our full patch notes: https://t.co/KaMfULlJmw Or check out the highlights below to see what we have in store for you! pic.twitter.com/s3u8tVBnOD — Apex Legends (@PlayApex) November 5, 2024 Apex Legends is ready to take players on a nostalgic journey with the new Limited-Time Mode ... Read more ›
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Starting and running a business can be a path to financial independence and personal fulfillment. However, the demands of entrepreneurship can be relentless, leading to burnout if not managed carefully. This is particularly relevant for entrepreneurs who face unique pressures such as a challenging economic environment, intense competition, and regulatory challenges. Joel Andrews, a regional ... Read more ›
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Coming from Cillian Murphy, it would be fair to think he was talking about his Oscar-winning turn as the father of the atom bomb in last year’s Best Picture recipient, “Oppenheimer,” which wove back and forth through time as the scientist copes with the fallout of his monstrous creation. Instead, Murphy was talking about a ... Read more ›
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Google has announced the addition of new generative AI features to its Google Maps, Google Earth, and Waze applications. These updates aim to provide users with a more intuitive and interactive experience. In Google Maps, users can now seek inspiration on various activities and destinations through the Gemini AI model. For example, inquiries such as ... Read more ›
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Venture capital carry, often referred to simply as VC-carry, is a key concept in the world of venture capital. It plays a crucial role in how fund managers, known as general partners (GPs), are compensated for their work. Understanding VC-carry is essential for anyone involved in or looking to enter the venture capital space, as ... Read more ›
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U.S. stocks rallied Friday to start November, with Amazon leading big tech stocks higher as investors looked past a disappointing jobs report. The Dow Jones Industrial Average gained 288.73 points, or 0.69%, to close at 42,052.19. The S&P 500 rose 0.41% to 5,728.80, and the Nasdaq Composite advanced 0.8% to 18,239.92. Amazon surged 6.2% as ... Read more ›
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EpicVIN is a service that provides detailed vehicle history reports, helping buyers and sellers make informed decisions about cars. These reports are essential for understanding a vehicle’s past, including any accidents, ownership changes, and other important details. In this article, we will explore the key aspects of EpicVIN and why it matters in the automotive ... Read more ›
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27.11.2024 09:46
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