Built up on the hype of its new European brand alliances, a few EV reveals, and the promise of profitability that always comes with economies of scale, shares in Stellantis (STLA) rose more than 60 percent in 2021, out-performing shares of Tesla stock (TSLA), which were up 27 percent over the same period. For that
Attempts to pressure Tory MPs trying to topple Boris Johnson are illegal, the head of a Westminster sleaze watchdog has argued. Labour MP Chris Bryant, who is chairman of the Commons Standards Committee, said alleged threats to pull public funding from members’ constituencies amounted to “misconduct in public office” and should be reported to the
This photograph taken on May 28, 2021 shows the new TotalEnergies logo during its unveling ceremony, at La Defense on the outskirts of Paris. CHRISTOPHE ARCHAMBAULT | AFP | Getty Images French oil giant TotalEnergies and U.S. energy firm Chevron on Friday announced plans to withdraw from Myanmar, citing the deteriorating humanitarian crisis in the
Dame Carolyn Fairbairn has joined the race to head Channel 4, the state-owned broadcaster, two years after leaving the CBI after a period of fractious ties between Britain’s biggest employers’ group and Boris Johnson’s administration. Sky News has learnt that Dame Carolyn is among a handful of contenders shortlisted to become Channel 4’s next chairman
A New York City police officer was killed and a second injured following a shooting in Harlem on Friday. Jason Rivera, 22, died while responding to a call from a mother saying she was fighting with one of her sons. The gunman was shot by a third officer at the scene and taken to hospital
Arnold Schwarzenegger has been involved in a multi-vehicle crash in Los Angeles, California. According to the Los Angeles Police Department, the a four-vehicle collision happened just after 4:30pm (local time) on Sunset Boulevard. One woman was taken to hospital with an “abrasion to her head”. “Neither alcohol nor drugs are suspected as a factor in
In this article NFLX PTON A man walks in front of a Peloton studios on May 05, 2021 in New York. John Smith | VIEW press | Corbis News | Getty Images Peloton fell below its IPO price, Netflix suffered its steepest drop in a decade, and chip stocks continued to struggle. Add it all
The threat to Boris Johnson’s leadership was ramped up, with PMQs was filled with intense moments. Christian Wakeford – the Bury South MP who defected from the Conservatives to Labour moments before PMQs began – has said he dealt with “soul searching” and ‘many sleepless nights’ before deciding to cross the House. And in another
The New York attorney general’s office has subpoenaed two of former President Donald Trump’s adult children Ivanka Trump and Donald Trump, Jr for testimony as part of its civil investigation into whether the Trump Organization manipulated the values of its properties. #CNN #News
General Motors is looking to nip the any dealership issues in the bud before its influx of EVs hit the market. In a recent letter to its dealerships, GM has warned against markups above MSRPs and reservation amounts, threatening to redirect vehicles away from offenders. General Motors ($GM) is an American automaker with hands on
In this article ABNB Airbnb co-founder and CEO Brian Chesky told CNBC on Friday that a post-Covid pandemic future of flexible living and working arrangements will be a boon to the company. Chesky, who is on a nationwide tour of Airbnb stays in an effort to “improve the experience” for customers, said he expects sustained
The boyfriend of Gabby Petito claimed responsibility for her death before taking his own life, according to the FBI. Brian Laundrie had been on a cross-country trip in the US with Ms Petito when she disappeared. Her body was found in Wyoming in September, sparking a manhunt for Laundrie, who officials believe returned to Florida
In this article BRK.A This image from 2016 shows a wind turbine on property used by MidAmerican Energy’s Eclipse Wind Farm in Adair, Iowa. Daniel Acker | Bloomberg | Getty Images A subsidiary of Warren Buffett’s Berkshire Hathaway Energy has released details of plans to develop a $3.9 billion project in Iowa that would incorporate
A group of teenagers from a Christian youth group, bundled up in scarves and beanie hats, march down the National Mall in Washington DC chanting “Hey Ho, Hey Ho, Roe has got to go.” They are protesting a decision that legalised abortion long before they were born, and for some of them, before even their
Police will meet with a Conservative MP who has alleged that government figures have been engaging in “intimidation” that amounts to “blackmail” against Tories who have questioned Boris Johnson’s position. A Scotland Yard detective will talk with William Wragg next week about his allegation, which comes as the prime minister is under pressure over a
In this article AMZN Amazon CEO Andy Jassy F. Carter Smith | Bloomberg | Getty Images Amazon stock slid on Friday morning, bringing it down more than 8% for the week, as a broader market sell-off pressured technology stocks. If it remains down more than 8%, it would mark Amazon’s worst one-week performance in six
The producers of James Bond have said British actor Idris Elba is “part of the conversation” to be the next 007. Barbara Broccoli, with her brother Michael G Wilson, have produced the last nine Bond films including Casino Royale, Quantum Of Solace, Skyfall and Spectre. One of the most sought after and iconic roles in
Priyanka Chopra and Nick Jonas have announced the birth of their first child through surrogacy. The couple were married in India in December 2018 in a two-day event that included Christian and Hindu ceremonies. Revealing the news on Instagram, the 39-year-old Indian actress and 29-year-old singer wrote: “We are overjoyed to confirm that we have
In this article MSFT ATVI NFLX Young happy Asian couple playing video games in living room. Cheerful people having fun with computer gaming concept. Blue Planet Studio The business of video games is having a moment. Less than two weeks after Take-Two announced its $12.7 billion for Zynga, and just days after Microsoft announced its
7:00 AM ET Six first basemen have attained nine-figure contracts in their 30s, and the results haven’t necessarily been great. The megadeals for Miguel Cabrera and Albert Pujols became problems almost immediately. So did the one for Ryan Howard. Deals for Jason Giambi and Carlos Lee started off well but fizzled in the back halves.