Tesla’s (TSLA) inventory in the US has reached a new high, which is worrisome at this time in the quarter, and it is pointing to price cuts maybe not working as well as the automaker intended. Since the beginning of the year, Tesla has consistently reduced prices of its electric vehicles in the US to
OPEC Secretary General Haitham Al Ghais said finger-pointing and misrepresenting the actions of OPEC and OPEC+ was “counterproductive.” Anton Petrus | Moment | Getty Images Oil producer group OPEC on Thursday lashed out at the International Energy Agency, saying the world’s leading energy authority should be “very careful” about undermining industry investments. OPEC Secretary General
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow’s opening night for the NHL’s newest hockey franchise the Seattle Kraken at the Climate Pledge Arena on October 22, 2021, in Seattle. Bruce Bennett | Getty Images Sport | Getty Images
The world’s largest economy slowed sharply in the first quarter of the year, according to the first official estimate which has raised fears of recession ahead. Growth was measured at an annualised rate of 1.1% between January and March, the Commerce Department said. Economists had been expecting a figure of 2%. The slump followed growth
Vodafone is closing in on the appointment of a new boss after its interim chief executive won support from key institutional investors for her stewardship of the telecoms giant. Sky News has learnt that the FTSE-100 group’s board is leaning towards naming Margherita Della Valle, who was its finance chief between 2018 and the end
The severe drought devastating the Horn of Africa by killing animals and crops and leaving millions without enough food would not have happened if humans had not heated the planet, scientists have concluded. Since October 2020, season after season of failed rains in the eastern tip of the continent have brought the worst drought in
High in the California mountains, a ski resort sits buried under layers of snow and ice. Residents of Mammoth Lakes fear for their lives, and livelihoods, after a winter of record snowfalls. Wooden houses are blanketed under white powder, cars are buried beneath cement-like drifts, and roads are lined by colossal snow banks stretching up
A writer who claims Donald Trump raped her nearly three decades ago in a department store changing room has told a court: “I’m here to try and get my life back.” “I’m here because Donald Trump raped me, and when I wrote about it, he lied and said it didn’t happen,” E Jean Carroll told
12:59 AM ET Tim BontempsESPN MILWAUKEE — Less than two weeks ago, the Miami Heat were trailing with under five minutes to go in the final Eastern Conference play-in game against the Chicago Bulls. At that point, it was easy to see a world in which the Heat wouldn’t even make the playoffs — and
Tom Durnin ran the 26.2 miles to raise money for the Bone Cancer Research Trust. The marathon started at 10am for the first to set off. Tom crossed the line just after half past seven in the evening. #londonmarathon #marathon #skynews SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews
Basketball players and bystanders in Texas scrambled after someone reported an active shooter. Police say no shots were actually fired and no one was hurt or injured.
A new tax on gambling firms and maximum stakes for online slot machines are being considered under government plans to crack down on online addiction. The government is due to publish its highly anticipated gambling review on Thursday following a number of delays. Among the measures expected to be confirmed in the report is a
Solid-state battery developer QuantumScape has shared it Q1 fiscal 2023 letter to shareholders, detailing its financial outlook and the progress of its potentially life-changing technology. Here’s the latest: QuantumScape ($QS) is an advanced battery technology company with over thirteen years of experience developing scalable, effective solid-state batteries that achieve cost parity with traditional lithium-ion cells popular in
Pioneer Natural Resources (PXD) posted solid first-quarter results after the bell Wednesday, thanks to higher-than-expected energy production. Free cash flow, however, was a slight miss. It was also a bittersweet evening as CEO Scott Sheffield said he will retire at the end of the year after more than two decades collectively at the helm. Pioneer’s
Sudan’s rival factions have agreed to extend a 72-hour ceasefire – just hours before the original truce was due to end. First the country’s army, then its rivals in the paramilitary Rapid Support Forces (RSF) agreed to the extension brokered by the US and Saudi Arabia, it was announced on Thursday evening. But violence continues
British nationals in Sudan have been warned the UK “cannot guarantee” how many more evacuation flights will leave Khartoum after the 72-hour ceasefire expires. So far, 536 British nationals have been airlifted to safety on six flights, according to the Foreign Office. The US-Saudi mediated ceasefire between Sudan’s two warring factions is due to expire
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta can thank Chinese retailers for helping lift the company’s first-quarter sales after three consecutive quarters of revenue declines. As chief financial officer Susan Li
Oscar-winning director Steven Spielberg has said he regrets editing guns out of his classic 1980s movie E.T. the Extra-Terrestrial. The 1982 theatrical cut includes a scene where police officers chase young children while holding firearms. Spielberg edited the guns out of the 20th anniversary release of the film and replaced them with walkie talkies. “That
6:45 AM ET ESPN staff The Carolina Panthers, with the No. 1 overall pick, are hours away from being on the clock — which means the 2023 NFL draft has arrived. There will be 259 total selections over a three-day period from Thursday to Saturday. The big questions heading into the draft: Where the top
An “emergency meeting” of the Scottish National Party has taken place after the party’s treasurer Colin Beattie was detained by police investigating the party’s finances. This is the second high-profile arrest over the party’s funding probe, after Nicola Sturgeon’s husband Peter Murrell, the SNP’s former chief executive, was detained by police. Anas Sarwar, the leader