The Luxeed S7 electric sedan, a collaborative project between Huawei and Chery Auto, has faced significant challenges in production and delivery due to a shortage of semiconductors and other production issues. Initially scheduled for release earlier, the delivery of the Luxeed S7 was delayed causing frustration among customers who had eagerly awaited the premium brand
A recent ruling by a federal judge in Texas has halted the enforcement of new regulations introduced during the Biden administration. These regulations aimed to revamp the way lenders provide loans and services to low- and moderate-income individuals. Judge Matthew Kacsmaryk, an appointee of former President Donald Trump, issued a preliminary injunction in favor of
The spinoff film, Chantal in Fairyland, has taken the German box office by storm with an impressive start. It has secured the title of the best Easter holiday launch day ever for a local movie and the best opening day of the year for all films. With Thursday gathering 160K admissions and a 43% share
Chinese telecommunications giant Huawei reported a significant increase in net profit for 2023, more than doubling its figures from the previous year. This remarkable growth was primarily attributed to the company’s improved product offerings and a substantial revenue increase of 9.6% year-on-year, amounting to 704.2 billion yuan ($99.18 billion). The net profit saw an impressive
In a recent development, a federal judge in Texas has decided to transfer a lawsuit challenging a rule that aims to curb credit card late fees to a court in Washington, D.C. This move comes amid a growing trend of conservative challenges to policies implemented by the Biden administration. U.S. District Judge Mark Pittman made
The recovery efforts following the tragic Baltimore bridge collapse have been nothing short of heart-wrenching. Divers were able to retrieve the remains of two of the six missing workers, confirming the fears that were lingering after the cargo ship’s impact on the Francis Scott Key Bridge. The bodies of Alejandro Hernandez Fuentes and Dorlian Ronial
The personal finance landscape has long been dominated by a male perspective, leaving women at a disadvantage when it comes to managing their finances. However, the rise of financial education platforms targeted specifically at women, such as Tori Dunlap’s Her First $100K, is reshaping the way women approach money management. With a focus on providing
Rumors have been circulating that the beloved Alamo Drafthouse Cinema chain is up for sale. With 41 locations across 13 states, this cinephile circuit has become a destination for moviegoers seeking a unique experience. While some studios have been approached with a sales pitch, no bidders have emerged as of yet. The asking price remains
Toyota Motor is currently exploring the possibility of expanding its U.S. truck lineup to include all-electric or plug-in hybrid electric versions of its popular Tacoma and Tundra pickups. Jack Hollis, executive vice president of Toyota Motor North America, stated that the company is taking a closer look at the market demand and regulatory environment to
The S&P 500 has been experiencing an exceptional run in the past few months, with a remarkable 25% increase in the last five months alone. Such a substantial gain is rarely seen in the history of the stock market, with only seven other instances since 1950 surpassing this level of growth. While many experts are
As revealed in the summary of opinions from the Bank of Japan’s March meeting, many policymakers expressed the need for a cautious approach in phasing out ultra-loose monetary policy. One member specifically mentioned that the economy’s health did not justify rapid interest rate hikes, highlighting the divided stance within the board on whether the economy
Fisker, a struggling electric vehicle startup, recently announced price cuts for its 2023 electric Ocean SUV model in an effort to stimulate demand and address concerns about its financial stability. This move comes on the heels of failed deal negotiations with a major automaker, leading to a sharp decline in the company’s stock value and
The market for electric vehicles (EVs) in Europe has seen a significant shift in recent years, with China-made electric vehicles making up more than a quarter of EV sales in the region this year. This marks an increase of over 5% from the previous year, according to a new policy analysis. The European Federation for
The integration of artificial intelligence with investing has long been a topic of interest, and a new company is stepping into the arena to revolutionize the way individual traders make buy and sell decisions. iFi AI, set to launch Wednesday, aims to harness the power of AI models to generate projected returns for stocks over