[ad_1] tesla (TSLA) has reportedly reduced production at its Shanghai factory amid slowing demand for electric vehicles in the world’s largest auto market. The decision to reduce production in China also comes as the global electric vehicle giant is heading towards a possible loss of deliveries in the first quarter and has announced that vehicle … Read more
[ad_1] Unilever, the consumer goods giant, said Tuesday that it would cut 7,500 jobs and spin off its ice cream unit, which includes Ben & Jerry’s, to cut costs and simplify its brand portfolio. The moves would create “a simpler, more focused and higher-performing Unilever,” Ian Meakins, president of the London-based company, said in a … Read more
[ad_1] The window for interest rate cuts may be closing. Ahead of the Federal Reserve’s two-day policy meeting, Wall Street forecaster Jim Bianco believes the central bank will likely remain on hold until next year. “I’m in favor of the Federal Reserve not changing its policy in the summer of an election year,” the president … Read more
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[ad_1] Polestar released new pricing details for its upcoming three-row midsize electric SUV: the Polestar 3. And most notably, and perhaps a reflection of the slowdown in EV sales growth in recent months, the Polestar 3 It will start at a price that is significantly less than the company originally predicted. Polestar, which was backed … Read more
[ad_1] As inflation gained steam in 2021 and 2022, the Federal Reserve notoriously waited too long to raise interest rates, allowing consumer prices to continue rising sharply, Fed officials now acknowledge. Now that inflation is declining, the Federal Reserve could be about to make another blunder by acting too slowly to cut rates and trigger … Read more
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[ad_1] Beyoncé’s pixie cut ranks high on the list of shocking transformations in celebrity hair history. When the singer shared her new hairstyle instagram On August 3, 2013, he almost deactivated the social media platform. Yes, she looked amazing (she’s Beyoncé, she always looks amazing), but the cropped cut left her fans wondering the motivation … Read more
[ad_1] By Sharon Mai for Dailymail.Com Published: 23:40 EST, February 17, 2024 | Updated: 23:40 EST, February 17, 2024 Beyoncé opened up about her “rebellious” decision to cut her hair into a pixie hairstyle more than a decade ago. In an interview for EssenceIn the March/April beauty issue, the 42-year-old singer said she decided to … Read more
[ad_1] Beyoncé opened up about her “rebellious” decision to cut her hair into a pixie hairstyle more than a decade ago. In an interview for EssenceIn the March/April beauty issue, the 42-year-old singer said she decided to cut her hair during “a very big emotional transformation” in her life. At the time, the 32-time Grammy … Read more
[ad_1] Carlos Gasparino Business By Carlos Gasparino Published February 17, 2024, 4:04 pm ET Wall Street Fed watchers believe Jerome Powell will cut interest rates at least twice this year despite signs of persistent inflation. REUTERS Federal Reserve Chairman Jerome Powell is not known for his determination. It’s the main reason the emerging new consensus … Read more
[ad_1] Business By Ariel Zilber Published February 14, 2024, 4:16 pm ET Morgan Stanley will reportedly cut several hundred bankers in its wealth management division in a cost-saving measure implemented by the Wall Street firm’s new CEO, Ted Pick. According to The Wall Street Journal, the company plans to fire CEOs and other non-customer-facing employees. … Read more