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KSHB 41 reporter Caroline Hogan covers developments in the Kansas City metropolitan area. If you have a story idea, email Caroline at . carolinehogan@kshb.com.DeSoto residents have been watching the growth of a Panasonic electric vehicle battery factory, which is scheduled to break ground in 2022. Now, some local business owners say they’re already reaping the benefits. Construction isn’t scheduled to be completed until 2025.One example is Co’s Coffee, where owner Tara Stuckey said she has doubled her staff since construction began and has seen an increase in construction workers, managers and other business people as customers.”We’re hearing that real change…
Image caption, Russell George has been the Conservative Senator for Montgomeryshire since 2011.Article informationauthor, David Deanrole, BBC Wales News Political Reporter25 June 2024 20:22 BSTUpdated 1 hour agoA Conservative politician in the Welsh Assembly is under investigation over bets made on the timing of the general election.Russell George is the fifth Conservative MP to be investigated by the Gambling Commission.The announcement came the same day that the Conservative party withdrew its support for two general election candidates, including Craig Williams, a colleague of George’s who was standing in the newly named Montgomeryshire and Glyndwr constituency.Mr George, from Montgomeryshire, said he…
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The S&P 500 Index ($SPX) (SPY) closed up +0.39% on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.76% and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.16%.Stock indexes ended mixed on Tuesday. Gains in big tech stocks on Tuesday boosted the broader market. Carnival also rose more than 8% after reporting revenue and forecast EBITDA that beat consensus. U.S. consumer confidence for June came in better than expected, helping the broader market hold on to gains. On the bear side, construction stocks fell after Poole Corporation cut its full-year EPS forecast, and Home Depot fell more…
New York-based startup OpenAI announced on Tuesday that it has acquired screen sharing and collaboration software company Multi. The news comes less than a week after the AI ​​giant announced it had acquired analytical database provider Rockset. “Lately, we’ve been asking ourselves how we should interact with computers — not on computers, or with computers, but really with computers, and with AI. We think this is one of the most important product questions of our time,” the company wrote. OpenAI declined to comment on the Maruti acquisition. DecryptionHowever, according to one report, Venture BeatA source close to OpenAI confirmed the…
New York-based startup OpenAI announced on Tuesday that it has acquired screen sharing and collaboration software company Multi. The news comes less than a week after the AI ​​giant announced it had acquired analytical database provider Rockset.”Lately, we’ve been asking ourselves how we should interact with computers — not on computers, or with computers, but really with computers, and with AI. We think this is one of the most important product questions of our time,” the company wrote.OpenAI declined to comment on the Maruti acquisition. DecryptionHowever, according to one report, Venture BeatA source close to OpenAI confirmed the deal.Founded in…
The investment will help REGENT bring the Seaglider to market in Japan and coastal regions around the world.REGENT — MOL Switch PartnershipThe partnership will bring seagliders to coastal markets and promote a sustainable blue economy.NORTH KINGSTOWN, R.I., June 25, 2024 (GLOBE NEWSWIRE) –REGENT has announced a strategic investment from MOL Switch LLC, the corporate venture capital firm of Mitsui O.S.K. Lines (MOL), the Japanese shipping company.The investment will help REGENT bring its all-electric seaglider to market in Japan and coastal regions around the world.This strategic partnership will also promote a sustainable blue economy.For more information about REGENT Seaglider opportunities in…
Liz Ann Saunders of Charles Schwab says the narrow range of stocks creates buying opportunities.Liz Ann Sonders, chief investment strategist at Charles Schwab, believes the weakness in individual stocks is creating a buying opportunity.The investment chief noted that this year’s resilience at the index level masks a narrower range of stocks below the surface. For example, he noted that a larger percentage of the Nasdaq Composite’s stocks are below their 200-day moving average than the S&P 500. For investors, that means the Nasdaq could outperform the S&P 500 on a relative basis going forward.It also suggests investors can find individual…
If there is one good thing to come from the tragedy of the Israel-Gaza war, it is the prospect that the two-part fraud perpetrated by Israel’s ultra-Orthodox Jews – dodging military service while collecting public funds for religious studies – may finally be coming to an end.The latest development was a unanimous ruling by the Israeli Supreme Court on Tuesday that again declared that the exemption of ultra-Orthodox Jews from military service lacked legal validity. “In the midst of a brutal war, the burden of inequality is heavier than ever and calls for resolution,” the Supreme Court said in its…
German automaker Volkswagen said on Tuesday it will invest up to $5 billion in electric truck maker Rivian, which is struggling to turn a profit, and that the two companies will collaborate on software for electric vehicles.The deal would create an unusual alliance between the world’s second-largest automaker and an electric-vehicle startup that has been struggling to meet investor expectations that it will achieve the kind of success that has made Tesla the world’s most valuable automaker.A successful deal would address weaknesses between the two companies: Volkswagen would gain software expertise that auto analysts say is sorely lacking, and Rivian…