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Tesla cuts U.S. prices on its Model Y, S and X vehicles after a difficult week
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Comex Gold Ends 1.4% Higher at $2412.20
Front Month Comex Gold for May delivery gained 1.4% to $2412.20 — a fresh record highThe Wall Street Journal - World -
FirstFT: Tesla faces difficult task to win shareholder vote, chair warns
Also in today’s newsletter, the threat to oil from Canadian wildfires and British firm loses $25mn in deepfake scamFinancial Times - World - Tesla -
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
As Tesla layoffs continue, here are 600 jobs the company cut in California
The latest wave of Tesla layoffs hit an array of departments, impacting factory workers, software developers and robotics engineers. Read the WARN filing here.CNBC - Business - California -
As Tesla layoffs continue, here are 600 jobs the company cut in California
As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices ...NBC News - Top stories - California -
Honda plans to invest nearly $65 billion on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.
Honda plans to invest nearly $65 billion on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - World -
Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
OpenAI and Reddit announced a partnership that will allow the ChatGPT maker to train its artificial intelligence models on Reddit content.CNBC - Business -
Giro d’Italia 2024: Alaphilippe goes it alone on stage 12 after ‘difficult times’
Frenchman shakes off 10-strong breakaway to win in FanoNo change for Pogacar at top of the general classificationJulian Alaphilippe’s early break paid off as the Soudal Quick-Step rider bravely held off the chasers to win stage 12 of the Giro ...The Guardian - World -
30-year Treasury yield falls for 3rd straight week after data indicate ‘serious headwinds’ for U.S. economy
Rates on U.S. government debt finished slightly higher on Friday even after new Conference Board data pointed to softer economic conditions ahead. However, yields finished lower for the week, with the 30-year rate experiencing its third straight ...MarketWatch - Business -
Wegovy is becoming too essential for its elite price
As the health benefits of anti-obesity medicines widen, pharma companies need to rethink what they chargeFinancial Times - Business
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'Not the time and place': Students speak out on Harrison Butker's 'uncomfortable' commencement address
Harrison Butker’s commencement speech left some at Benedictine College outraged after the Kansas City Chiefs kicker encouraged women to become homemakers.NBC News - Top stories -
Newly released photos depict cash and gold bars seized from Sen. Bob Menendez's home
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