The adoption of all-electric vehicles by U.S. consumers has been slower than anticipated. However, Hawaii has emerged as a growing leader in EV adoption, ranking fifth in overall EV adoption at 11.9% of new retail vehicles sold through February of this year. According to J.D. Power, Hawaii also holds the third position in the “EV
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As JPMorgan Chase prepares to report its first-quarter earnings, expectations are high on Wall Street. Analysts are anticipating earnings of $4.11 a share, with revenue expected to reach $41.85 billion. The net interest income is projected to be $23.18 billion, while trading revenue is estimated at $5.19 billion for fixed income and $2.57 billion for
The impact of interest rate cuts on financial institutions, particularly banks of varying sizes, is a topic of increasing concern as the Federal Reserve’s decisions unfold. The benefits of scale have become more evident, with larger banks outperforming smaller ones in the aftermath of last year’s regional banking crisis. However, the changing landscape of interest
Toyota Motor recently revealed the much-anticipated 2025 4Runner SUV, marking the first redesign in nearly 15 years. The new model boasts a fresh look, drawing inspiration from the redesigned Toyota Tacoma pickup. In addition to the updated aesthetics, the 2025 4Runner will also be available with a hybrid engine for the first time. The introduction
General Motors’ Cruise self-driving vehicle unit made a bold move to redeploy cars on U.S. roadways with a fresh approach. The company announced that the relaunch will begin in Phoenix with a small fleet of human-driven vehicles, marking the first step towards rebuilding trust with regulators and communities after a recent accident. The redeployed vehicles
Spirit Airlines has announced that it will defer deliveries of new Airbus planes in an effort to boost liquidity. The decision to defer all Airbus planes scheduled for delivery from the second quarter of 2025 through the end of 2026 will provide the airline with an additional $340 million in liquidity over the next two
Gatorade, a brand that will soon be celebrating its 60th birthday, has long been considered the dominant force in the sports drink industry. Since its inception in 1965, Gatorade has consistently held a significant market share, capturing 63.5% of the U.S. sports drink market in 2023. While its closest rivals, including Powerade and Bodyarmor from
Artificial intelligence has been a game-changer in the field of weather forecasting, revolutionizing the way meteorologists analyze and predict weather patterns. With recent breakthroughs in generative AI, the accuracy of weather forecasts has the potential to significantly improve. Companies like Spire Global are taking advantage of this technology in collaboration with industry giant Nvidia to
Ford Motor Company is facing some setbacks in the production of its new all-electric large SUV and pickup truck. The company announced that it is postponing the production of these vehicles, shifting its focus to offering hybrid options across its entire North American lineup by 2030. The delay in the production of the three-row SUV
Disney shareholders reelected the media conglomerate’s full board, handing a stinging defeat to activist Nelson Peltz and former Marvel CEO Ike Perlmutter. Peltz-led Trian Partners sought to make changes at the iconic company, including the removal of two directors due to share underperformance, failed succession planning, and misdirected investments. However, shareholders overwhelmingly supported Disney in