Tuesday, June 18

Business

Business news, Industry news outlook, analysis

Rivian lifts 2023 EV production target, reassures on liquidity
Business

Rivian lifts 2023 EV production target, reassures on liquidity

Rivian Automotive (RIVN.O) on Tuesday raised its full-year production forecast, and its chief executive said the electric vehicle maker has enough money to last it through 2025 as it keeps a lid on costs. Shares in Rivian, which initially rose nearly 3% after results were published, were up 1% in choppy extended trading. The stock has soared nearly 80% in the past three months. The Amazon-backed (AMZN.O) company, like other EV rivals has been burning through cash to ramp up production and keep up with market leader Tesla (TSLA.O), which has slashed prices. Rivian, though, has fared better than smaller firms as demand for its pickup trucks and sport-utility vehicles has risen despite high borrowing costs for consumers. The competition and a tight funding environment led two EV ...
Gas prices are on the rise. Here’s why
Business

Gas prices are on the rise. Here’s why

Gas prices are on the rise as high temperatures hamper refinery production and demand remains elevated. Prices are still well under where they were a year ago. However, the national average price for a gallon of regular gasoline hovered at $3.82 on Thursday, up 11 cents from a week ago and up nearly 30 cents from a month ago, according to data from AAA. One year ago, the national average sat at $4.16. The cost of crude oil, which accounts for nearly half of what consumers pay at the pump, shot up $11 per barrel over the last month, Lipow Oil Associates President Andy Lipow said. GAS PRICES MAY SPIKE AS MUCH AS 10 TO 25 CENTS THIS WEEK IN SOME STATES For instance, on June 26, prices were at $69.37. As of Thursday, they are around $80, which "is equivalent to a 26 cent per gallo...
2024 Toyota Land Cruiser Vs. Ford Bronco, Jeep Wrangler, Land Rover Defender
Business

2024 Toyota Land Cruiser Vs. Ford Bronco, Jeep Wrangler, Land Rover Defender

The 2024 Toyota Land Cruiser is here, debuting at the Land Cruiser Heritage Museum in Salt Lake City, Utah. The new LC, known internally as the 250-Series, borrows some of its hard bits from the Lexus GX and Toyota Tacoma, but with a starting price in the mid-$50,000 range, it’ll go toe to toe with the likes of the Land Rover Defender 110, Jeep Wrangler, and Ford Bronco. So how does it stack up against that excellent competitive set? We’re pitting the 250-Series up against the base-model Land Rover Defender S 110, a nicely equipped Ford Bronco Badlands four-door, and a Jeep Wrangler Willys 4xe four-door, all of which can be had for about the same price as the Land Cruiser’s estimated $55k base. As is usually the case, the Land Cruiser is better in some specifications and worse in ...
Musician Rouzbeh Merati got numerous opportunities by traveling around the world.
Business

Musician Rouzbeh Merati got numerous opportunities by traveling around the world.

  Every day when we scroll through social media, we come across a handful of influencers and travellers who are sharing their journey. But hardly we come across someone who possesses multiple skills. Rouzbeh Merati is one of those multi-faceted personalities. He is a  Musician . He had been a guitar player who dreamt of travelling the globe playing music. He has his roots in Tehran, Iran and has established a lot of strong connections in the music industry. He has spent many years travelling and performing around the world. Rouzbeh has closely observed the events behind the curtain which helped him to develop an Entrepreneurial mind and gave the idea to invest in Music Festivals around the world and even hosting his own Music Festival in Turkey which would be taking place in 2...
MEET KEAGAN HOFFMAN ONE OF THE MOST INFLUENTIAL US INDUSTRY MOGULS IN THE GAME TODAY
Business

MEET KEAGAN HOFFMAN ONE OF THE MOST INFLUENTIAL US INDUSTRY MOGULS IN THE GAME TODAY

Keagan Hoffman, born in Tokyo, Japan, has been creating art since a very young age. After the 2011 Tōhoku earthquake and tsunami, Hoffman decided to move to the United States to secure his dream career of creating art, music, and fashion for everyone to share, adore, and inevitably copy. Hoffman shared with us that his first time learning graphic design was through pixel art, a very out-dated, simple application. He learned that usually you don’t need a bunch of fancy tools to spread a message and create ideas. And I’ve heard this narrative a lot to be honest, this type of thinking is what drives a lot of artists to success. Currently living in Los Angeles, California, Hoffman has come a long way since then. He is now a known designer in the U.S music scene, and a very popular influe...
Varender Singh Masterpieces Leave Mark On The Music Industry
Business

Varender Singh Masterpieces Leave Mark On The Music Industry

Varender Singh  announced a new way for fans to enjoy a moment of synesthesia as he unveiled her new partnership with Shazam and Spotify. For example, in the video he first turned the dial to Never Really Over, and the all-white room. Both the melodies have music made by in all honesty Varender Singh himself. The tunes were written in just 1hr. Yet, the significant work was to execute the compositions in a grateful tune. Many individuals worked for this tune to be respectable to the crowd. Varender himself watched out for and checked everything. At the point when we got some information about his response he saw the reaction from the melodies. This is the thing that he said ” I’m amazingly overpowered and glad for acquiring such a reaction for my work. The reaction is the best honor...
Autonomous robot utilizes ‘UVC light’ to clean warehouses
Business

Autonomous robot utilizes ‘UVC light’ to clean warehouses

Analysts from MIT have built up another approach to keep shared spaces free of the coronavirus and different pathogens: an UVC light-equipped robot. UVC light is fit for sanitizing surfaces and killing aerosolized infection particles, yet it's perilous for people to be uncovered. In light of this current, MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL) collaborated with Ava Robotics to build up a robot that can go through and purify spaces independently. The accomplices included a custom UVC light installation structured by CSAIL to Ava Robotics' versatile robot base. They sent the model at the Greater Boston Food Bank (GBFB). The robot passed through GBFB's distribution center at about 0.22 miles every hour. At this speed, it could cover around 4,000 square feet (t...
‘NVIDAA and Mercedes Benz’ unite forces in an autonomous car power play
Business

‘NVIDAA and Mercedes Benz’ unite forces in an autonomous car power play

The race for independent driving is on and today NVIDIA and Mercedes-Benz are declaring a consent to propel the whole armada of the German Automaker's premium vehicles, with AI-empowered innovation controlled by NVIDIA's self-sufficient vehicle register stages. In particular, Mercedes-Benz will utilize NVIDIA's new DRIVE stage advancements as standard gear in all vehicles, beginning in 2024. This is obviously a gigantic plan win for NVIDIA, just as a key move for Mercedes-Benz, and it accompanies upgradeability includes that will be basic to both the advancement of the innovation itself, yet additionally new plans of action that it will help empower also. NVIDIA and Mercedes are underscoring this is a "software-defined" registering design for automated driving. Despite the fact that Tesl...
Square stock heads for most elevated close since October 2018 after Visa information show U.S. spending recuperation
Business

Square stock heads for most elevated close since October 2018 after Visa information show U.S. spending recuperation

Square Inc. shares are up about 6% in Tuesday trading and on track for their highest close in over a year and a half amid certain indications of stabilization in the payments universe. Shares SQ, +6.38% of the payment processor as of late changed hands at above $87 and are on pace for their first close over their 2020 closing high of $85.70 that was determined to Feb. 20, as indicated by Dow Jones Market Data. The stock is likewise on track for its highest close since Oct. 5, 2018, when the shares completed the session at $94.11. New information from Visa Inc. V, +1.03% point to a proceeded with recuperation in spending activity, which could come to profit Square as more states permit businesses to revive. Visa revealed in a Monday afternoon recording that complete U.S. payment volume wa...
Business

Tips for a Successful Senior Living Community Search

AgingChoices Unfiltered: Episode 7 So it’s time to start searching for a senior living community for yourself or a loved one, and you have no idea where to begin! That’s perfectly normal and we totally understand. Searching for senior living options can seem overwhelming and it’s a big decision to make. But don’t worry, we’re here to interject a sense of calm and focus to this process with some helpful tips to consider when searching for senior living community options. Our guest this week is Victoria Archable, owner of CarePatrol of Metro Atlanta. Archable works side-by-side with families as they go through the process of selecting a senior living community. CarePatrol helps families build a list of prospective senior living communities based on the needs of their loved one and...