Tesla Faces Troubles as Sales Slump and Challenges Mount Elon Musk’s Leadership Style Impacts Chaos Within Tesla Under the guidance of Elon Musk, Tesla Inc. employees have become accustomed to a level of chaos. Musk, a demanding chief executive known for setting ambitious targets and abruptly changing directions, has a drive that sometimes leads to … Read more
A Rocky Start for Trump Media & Technology Group Corp. In a matter of weeks, Trump Media & Technology Group Corp. underwent a turbulent beginning, resulting in a staggering $4.5 billion decline in market value. Nonetheless, this setback alone will not endanger the considerable special bonus allocated for the former president, Donald Trump, and other … Read more
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Bloomberg — Elon Musk is now officially Austin’s largest private employer. Tesla Inc. (TSLA) increased its employee count 86% last year to 22,777 in the fast-growing Texas region, where the automaker produces Model Y SUVs and angular Cybertrucks. As a result, it surpassed grocery chain HEB, according to a new annual compliance report Tesla filed … Read more
Limited Availability of Eli Lilly’s New Weight Loss Drug Supply Issues Impact Availability Eli Lilly & Co. revealed that patients across the United States are facing obstacles in obtaining their prescription of the newly launched weight loss drug, Zepbound. Frustration heightens as backorders and delays involving the medication continue to surge, denying patients timely access. … Read more
OPEC+ Extends Oil Supply Cutbacks in Effort to Stabilize Global Prices OPEC+ Extends Oil Supply Cutbacks in Effort to Stabilize Global Prices OPEC+ Boosts Measures to Avoid Surplus and Bolster Prices OPEC+ countries have unanimously agreed to prolong their ongoing oil supply cutbacks until the end of June. The organization aims to prevent a worldwide … Read more
Horrific Silicon Valley Covid Fatality Unveiled Horrific Silicon Valley Covid Fatality Unveiled The Mysterious Death Almost three weeks before Covid-19 began ravaging the United States, tragedy struck the quiet neighborhood of San Jose, California. Patricia Cabello Dowd, a vibrant and previously healthy 57-year-old, was found lifeless in her own kitchen. What makes Dowd’s death all … Read more
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Bogotá — The financing that CAF will provide to Colombia will be US$2,000 million this year. This was confirmed in an interview with Bloomberg Línea by the president of the Development Bank of Latin America (CAF), Sergio Díaz-Granados. These resources will be allocated to sovereign financing for nearly US$520 million; non-sovereign, with another US$500 million; … Read more
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Bloomberg — Mortgage applications for home purchases in the US increased for the fourth consecutive week, the largest streak of increases since March, helped by a further relaxation in borrowing costs. The Mortgage Bankers Association’s purchase application index rose 4.7% to a two-month high of 144.9 in the week ended Nov. 24. The contractual rate … Read more
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Bloomberg — Toyota Motor Corp.’s (TM) lending division will pay $60 million to settle a U.S. regulator’s allegations that it tricked customers into buying additional products that increased their payments and then dragged them off when they tried to cancel them. . Toyota Motor Credit Corp. allegedly lied about whether the extras were required or … Read more
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Bloomberg — Mortgage rates are high. Prices continue to increase. Besides, there is nothing to buy. In the opinion of many, It is a triad of frustrations that has deprived them of purchasing a house, which has long been a key avenue for building wealth in the U.S. However, despite this difficult housing market, there … Read more