BUSINESS

Advertisement
Oct 29 2024BUSINESS

Elon Musk's Plan for Driverless Cars: A New Job with Trump?

Elon Musk, the CEO of Tesla, has an interesting idea for how he'd approach regulating driverless cars if he were to work for former President Donald Trump. He wants to push for a national approach to rules for these vehicles. Currently, 19 states have their own laws about driverless cars, but the fe

reading time less than a minute
Oct 29 2024BUSINESS

Tesla's Stock Surge: Is the Autonomous Future Overhyped?

Tesla's stock prices soared by 16% after their latest earnings report for Q3 2024 showed better profit margins. That's good news for now, but is it enough to justify the sky-high valuation? Tesla's electric vehicle (EV) business is definitely making them money, but what about their plans for autonom

reading time less than a minute
Oct 29 2024BUSINESS

Amazon Prime Members Can Now Save on Gas

Attention all Amazon Prime members! You can now save money at the gas pump. Amazon Prime just added a new perk: save 10 cents per gallon at over 7, 000 BP, Amoco, and AM/PM stations across the U. S. This could save you nearly $70 a year. To get the discount, link your Amazon account to the BP loyalt

reading time less than a minute
Oct 29 2024BUSINESS

Which Industries Stand to Gain or Lose the Most from the Presidential Election?

The upcoming U. S. presidential election could significantly impact several industries. Let's explore which ones are at stake. Big banks could soon need more capital to protect against financial shocks, which might affect their profits and lending ability. The winner of the election could determine

reading time less than a minute
Oct 28 2024BUSINESS

Ford's Third Quarter Earnings: Looking for a Bounce Back

Detroit-based Ford Motor is gearing up to share its third-quarter earnings on Monday. Analysts from LSEG have compiled some predictions for us to keep an eye on. They think Ford might report earnings per share of around 47 cents after making some adjustments. For the automotive revenue, the target i

reading time less than a minute
Oct 28 2024BUSINESS

Boeing's $19 Billion Share Sale: A Money Move to Stay in the Game

Boeing has been dealing with a tough time for years now. Two plane crashes and a pandemic later, the company is looking to boost its finances. So, they've just announced a plan to sell some of their shares worth about $19 billion. This isn't their first big money move, as they've already raised $25

reading time less than a minute
Oct 28 2024BUSINESS

Trade Wars: Who Wins, Who Loses?

Tariffs can really slow down economic growth, making a country less rich than it could be. Free trade helps boost wealth by letting nations make things they're best at. The U. S. excels at making advanced planes, like those from Boeing, and high-tech chips, like ones made by Nvidia. Plus, it's cheap

reading time less than a minute
Oct 28 2024BUSINESS

Mexico's Trade Boom: A Closer Look

Mexico is seeing a significant increase in trade with the United States, especially since the United States-Mexico-Canada Agreement (USMCA) came into force. This agreement allows products made in Mexico using foreign materials to be labeled as "Made in Mexico" and avoid certain tariffs. Companies li

reading time less than a minute
Oct 28 2024BUSINESS

Tesla's $25, 000 Car: A Twisty Tale

Elon Musk, Tesla's CEO, recently said a $25, 000 car with a steering wheel and pedals is "pointless. " But why the change of heart? Let's dive into the story. In 2020, Musk talked about a $25, 000 Tesla at the Battery Day event. He said new battery tech would make this possible in three years. But

reading time less than a minute
Oct 28 2024BUSINESS

Tesla's Image Fiasco: Infringing on Blade Runner?

Tesla and Elon Musk have found themselves in hot water again. This time, it's not about electric cars but an image they used to promote their new self-driving taxi. Alcon Entertainment, the producers of "Blade Runner 2049, " allege that Tesla copied an iconic scene from the movie without permission.

reading time less than a minute