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
Samsung Electronics announced on Friday that they are expecting a staggering 931% increase in their first-quarter operating profit. This increase is primarily attributed to the rebound in chip prices. The January-March quarter saw the operating profit rise to 6.6 trillion Korean won ($4.89 billion), a significant leap from the previous year’s 0.64 trillion won. This
Space Solar, an Oxfordshire-based company, is on the brink of launching the first solar farm into space. Their innovative design, known as CASSIOPeiA, aims to power over a million homes by the 2030s using a mile-wide complex of mirrors and solar panels orbiting 22,000 miles above the Earth. The technology involves the precise rotation of
Recently, Drew Barrymore made a surprising announcement on her show that caught the attention of many fans. She revealed that Adam Sandler has written a screenplay for a potential sequel to the beloved movie, Happy Gilmore. This news has sparked excitement and speculation among movie buffs and fans of the original film. Barrymore shared in
Monkey Man, originally set to stream on Netflix, took a surprising turn when Jordan Peele intervened and decided to give Dev Patel’s directorial debut a chance on the big screen. The shift in fate for this film left many intrigued as to how it went from being a $30M Netflix pick-up to finding a home
Recently, British billionaire Joe Lewis was ordered by a U.S. judge to pay a $5 million fine and serve three years of probation for sharing illegal stock tips. Lewis, the founder of the Tavistock Group, pleaded guilty to conspiracy and securities fraud. This news has shocked many, as Lewis admitted to passing inside information on
The stock market experienced a significant decline on Thursday as investors grappled with uncertainties surrounding the March jobs report. Factors such as a sudden spike in oil prices and concerns regarding the Federal Reserve’s stance on interest rate cuts contributed to the negative sentiment among traders. The Dow Jones Industrial Average was particularly hard hit,
The heartbreaking story of Mike Collinson, who recently lost his wife of 50 years, Jean, took a turn for the worse when he was informed by the police that the ashes he received from a funeral home might not belong to his beloved wife. Legacy Independent Funeral Directors in Hull, the establishment responsible for arranging
Dr. Yue “Emily” Yu of California is facing serious allegations of poisoning her husband with Drano. This shocking case has taken a disturbing turn as new accusations have surfaced, suggesting that Dr. Yu may have coached her children to lie about their father’s condition. The details of this case are not only concerning but also
The USC quarterback Caleb Williams recently visited the Bears’ Halas Hall for his pre-draft visit, sparking excitement and speculation among football fans and analysts alike. The visit was a significant step in Williams’ journey to potentially becoming the No. 1 pick in the NFL draft. Williams’ visit included dining with Bears executives and engaging in