The wealthiest 10% of Americans own a record 89% of all U.S. stocks
What this translates to is the wealthiest 10% owning a huge stake in the US economy
Gig economy and autonomous vehicle analysis: Uber, Lyft, DoorDash, Tesla, Waymo, and the race for autonomous mobility.
What this translates to is the wealthiest 10% owning a huge stake in the US economy
Last Friday, the city rejected allegations that its cap of fifteen percent on the commissions that third-party food delivery service platforms charge independent restaurants contravenes state and federal law
On Monday (Oct 18) there's: AlbertsonsPhilipsSteel DynamicsState Street On Tuesday (Oct 19): HalliburtonProcter & GambleJohnson & JohnsonPhilip Morris InternationalWD-40Netflix On Wednesday (Oct 20): Abbott LaboratoriesBiogenNextEra EnergyVerizon CommunicationsTeslaIBMAnthem On Thursday (Oct 21): Southwest AirlinesValero EnergyQuest DiagnosticsAT&TSL Green RealtyIntelSnap On Friday (Oct 22): WhirlpoolHoneywellSeagate Technology HoldingsAmerican Express I'll definitely watch out for Tesla, Netflix and Intel
As much as I like bookstores, this feels to me like too much protectionism
After Facebook acquired the popular GIF repository Giphy (reportedly for $400 million), the UK's Competition and Markets Authority (CMA) launched an investigation to determine if the merger would lessen competition
Intel's 12th Gen Alder Lake chips have finally arrived, ushering in a new era of the company's chips, lead by the flagship Core i9-12900K CPU, which Intel promises is the "world's best gaming processor."Intel is also heavily pushing Windows 11 as a key part of its Alder Lake lineup, noting that it's worked with Microsoft to optimize its Intel Thread Director software to better manage tasks across threads when using the new OS
Kia EV6 Recently, the Kia EV6 was also taken on a coast-to-coast road trip from New York to Los Angeles and set another new world record in the process.During the seven-day trip, the Kia EV6 was charged for a total of seven hours, 10 minutes, and one second
Apple will release macOS Monterey, the next major version of its Mac operating system, on October 25, the company announced today
Little known is Lyft doing consumer rentals much like Hertz
Uber Technologies Inc on Wednesday said it is launching a new partnership with rental car company Hertz to offer 50,000 Tesla Inc vehicles as a rental option for its ride-hail drivers by 2023.The announcement comes after Hertz on Monday said it would order 100,000 Tesla vehicles by the end of 2022, meaning that half of the rental company's Tesla fleet would be reserved exclusively for Uber drivers.For Uber drivers, Tesla rentals will start out at $334 a week, including insurance and maintenance, and consist mostly of the company's Model 3 sedan