There has been a lot of speculation and even objections to the proposed merger between the United States Sugar Corporation and Imperial Sugar Company due to the expected impact on the price of sugar. A lawsuit, filed by Biden administration officials, would block the proposed sugar merger on antitrust grounds. If the lawsuit goes through, […]
Read MoreLucid Motors is a Silicon Valley-based EV company that is disrupting the electric car industry. They’ve put together a high-performing and inexpensive vehicle — the Lucid Air — and they’re charging ahead to compete with Tesla. Tesla has been eating the EV market since it introduced its first mass-market vehicle in 2017, and not just […]
Read MoreRivian and Tesla, the much-talked-about electric vehicle company based in suburban Detroit, is now headed for the public markets. The U.S. Securities and Exchange Commission said Friday it has received an application to trade Rivian stock on Nasdaq under the ticker RIOT. Let’s have a quick Rivian v/s Tesla. This IPO will be closely watched […]
Read MoreA “Wealth Tax” is a proposed overhaul of the current tax system whereby people with higher incomes and greater assets would be taxed at a higher level, as opposed to those with lower incomes and less net worth. The U.S. currently has a progressive tax system, meaning that the more an individual earns, the higher […]
Read MoreThe move continues a trend of tech companies leaving Silicon Valley and relocating to other tech hubs, such as Seattle and Boston. It also gives Texas another major boost in the tech industry — already home to Salesforce, Facebook, and Google — as well as the state’s lead over California in Tesla’s favor. Austin has […]
Read MoreThe COVID-19 has still some of the nations in its grasp. And while some refuse to kneel to this problem, they have started to begin the old ways to live. And India is one among many such nations. This phase, in which we are bringing back the life is post-pandemic and this is what led […]
Read MoreApple launches a new headquarter. Over a 51-acre plot near Culver City, California for, according to analysis by Cushman & Wakefield. It will occupy the space vacated by Sony. The move comes as Apple faces slowing sales of its devices and shifts in demand for the company’s products. This move is important because it marks […]
Read MoreGeneral Motors Company (NYSE: GM) is an American multinational corporation headquartered in Detroit, Michigan. The company has three divisions: GM North America which sells Chevrolet and Cadillac brands. GM International which distributes vehicles in regions outside North America. GM South America which exports from Brazil. General Motors is urging owners of their Chevrolet Bolt electric […]
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