Uber Technologies Inc. (NYSE: UBER) saw its stock jump over 5% on Friday after announcing an expanded partnership with Waymo, the autonomous driving subsidiary of Alphabet Inc. The collaboration will bring fully autonomous ride-hailing services to Austin and Atlanta by early 2025, marking a significant milestone in Uber’s strategy to…
Citigroup (NYSE: C) stock price has pulled back in the past two months as concerns about the pace of Federal Reserve interest rate cuts and its ongoing turnaround efforts remain. It retreated to a low of $58, down by 14% from its highest point this year, meaning that it is…
The dire state of England’s National Health Service (NHS) has been laid bare in a government-backed review led by former health minister Lord Ara Darzi. The 142-page report, released this week, exposes critical issues facing the NHS after more than a decade of austerity measures, ageing infrastructure, and a growing…
SpaceX’s Polaris Dawn mission has set a groundbreaking precedent in private spaceflight with the successful completion of its first civilian spacewalk. On Thursday morning, billionaire Jared Isaacman, founder of Shift4, and crew member Sarah Gillis ventured outside the Dragon capsule “Resilience,” marking a historic moment as the first non-governmental astronauts…
As economic uncertainty looms, Kroger Co (NYSE: KR) is emerging as a potential haven for investors. The grocery giant, known for its strong consumer staples portfolio, offers a solid dividend yield of 2.34%, positioning it well to deliver stable returns during tough economic times. Notably, billionaires such as Warren Buffett,…
France’s first lady, Brigitte Macron, has won a legal battle against two women who falsely claimed she was transgender. The Paris court ruling orders them to pay €8,000 (£6,750) in damages to Macron and €5,000 to her brother, Jean-Michel Trogneux. The case has highlighted the widespread impact of online disinformation,…
In a setback for WeWork co-founder Adam Neumann’s latest venture, Flowcarbon, the climate-focused startup is refunding investors after failing to launch its Goddess Nature Token (GNT). The company cited unfavorable market conditions and regulatory challenges as the main reasons behind the decision. Flowcarbon had initially aimed to create a blockchain-based…
Despite Rivian Automotive Inc. (NASDAQ: RIVN) surpassing Wall Street expectations in its latest quarterly report, the electric vehicle (EV) maker remains at serious financial risk. Joe McCabe, President and CEO of AutoForecast Solutions, has warned that Rivian is “one or two programs away from bankruptcy.” While the company reaffirmed its…
Recent data from the Centers for Disease Control and Prevention (CDC) underscores a dramatic shift in obesity trends across the US over the past decade. The 2023 figures highlight a persistent and widespread obesity crisis, bolstering the market for weight loss drugs, where Eli Lilly and Novo Nordisk are currently…
UK bank stocks have done well this year, helped by the relatively strong economy and higher interest rates that have pushed their net interest income (NII) to their highest level in years. Lloyds Bank (LLOY) shares have soared by over 55% from their lowest levels in 2023 and are hovering…