Author: IA PressRoom

Tesla Inc.’s fast-charging standard is becoming the predominant standard in the U.S., boosting Tesla’s stock and opening up new revenue streams for the electric-vehicle maker. Tesla shares TSLA, -0.35% are looking at a gain of more than 5% this week, adding to an already spectacular May and June, with the stock up nearly 60% from the end of April. It has doubled so far this year, compared with an advance of about 14% for the S&P 500 SPX, +1.22%. The latest boost came as General Motors Co. GM, +1.79% and Ford Motor Co. F, +1.76% announced within weeks of each…

The longest legislative walkout in the history of Oregon and the second-longest in the U.S. has finally ended among the state’s GOP senators.Under a compromise that helped end the boycott in Salem, an abortion provider would need another provider to concur with a decision to not notify the parents of certain young patients who get the procedure.Oregon’s Democrats also agreed to remove clauses that would have increased the purchasing age of semiautomatic rifles from 18 to 21.Ending a walkout that held up key bills for six weeks, Republicans showed up for work in the Oregon Senate on Thursday after wresting…

Generative AI could have the biggest workplace impacts on high earners, per a McKinsey report. This is because recent iterations have focused on improving cognitive skills, the analysts wrote. They said AI could substantially boost labor productivity but workers would need help retraining. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Generative AI could have the biggest workplace impacts on high earners, and especially people in knowledge work with activities involving decision-making and collaboration, research by consultancy giant McKinsey has found.Because of improvements in…

Shot of a group of businesspeople applauding during a seminargetty In a fast-paced, competitive job market, employers must prioritize the benefits they offer to attract and retain top talent. In addition, the landscape of employee benefits has shifted dramatically in recent years as the workforce becomes increasingly diverse and the needs of employees evolve. As a result, it has become more critical than ever for companies to understand what their employees genuinely value to stay ahead of the curve and maintain a competitive edge. Employee benefits are no longer a one-size-fits-all proposition. Instead, the term “benefits” now encompasses many offerings…

© Reuters. Goldman Sachs (GS) CEO Solomon turned bank ‘into Bear Stearns,’ board ‘starting to reevaluate’ – NYP “He’s turned Goldman Sachs into Bear Stearns. He doesn’t understand the difference between a dictatorship and a partnership” – an insider source said about Goldman Sachs’ (NYSE:) CEO David Solomon in recent comments made to the New York Post. Solomon, the bank’s head since 2018, is reportedly facing internal backlash over “skimpy bonuses, his costly, botched venture into consumer banking, and a slew of high-level executive departures” and is now “vulnerable to getting the boot if business takes a bad turn.” Solomon’s…

Source: YouTube/CoinageDo Kwon, the founder of failed blockchain project Terra, could stay in custody for up to six months while Montenegro’s courts consider an extradition request from South Korea.On Thursday, a Montenegro court extended Kwon’s stay in custody for an additional six months as he awaits trial for possible extradition, according to a report by Radio Free Europe.The disgraced crypto boss has been in jail in Montenegro since late March when he was arrested for allegedly using forged travel documents. “The judge of the Higher Court ordered the six months detention, as there is an extradition case opened in front of this court at…

K Enter Holding to go public via $610M deal with SPAC SPAC Global Star Acquisition

Elon Musk met the Italian prime minister, Giorgia Meloni, on Thursday. The pair discussed AI, European market rules, and birth rates. The Tesla CEO is expected to travel to France on Friday to speak at a tech conference. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Elon Musk has been in Europe this week. The Tesla CEO met the Italian prime minister, Giorgia Meloni, on Thursday for a wide-ranging discussion that touched on AI and birth rates. The prime minister called the meeting “fruitful” and…

Intel is to build a $4.6bn semiconductor assembly and testing plant in Poland, as the US chipmaker bets that Berlin will yield to its demands for more subsidies in relation to a planned manufacturing facility across the border in Germany.The plant in Wroclaw will help meet “critical demand for assembly and test capacity” that Intel says it expects to be ready by 2027. That is also when its €17bn wafer manufacturing facility in the German city of Magdeburg is expected to be up and running.But the US chipmaker has, since announcing its German plans last year, launched into tough negotiations…

© Reuters. A car of Baidu’s driverless robotaxi service Apollo Go is seen on a road in Wuhan, Hubei province, China February 24, 2023. REUTERS/Josh Arslan/FILE PHOTO HONG KONG (Reuters) – China’s tech firm Baidu Inc (NASDAQ:) said on Friday that it has obtained a licence from regulators to offer driverless ride-hailing services in Shenzhen. Its fleet of robotaxis, under the brand Apollo Go, will be allowed to operate across an area of 188 square kilometres in China’s southern tech hub Shenzhen, making it the fourth city in which the company’s driverless cars operate in. Baidu also said it plans…