Billionaire George Soros Bets on Musk’s Tesla and Ford

Billionaire George Soros Bets on Musk’s Tesla and Ford

George Soros seems to have picked his winners in the race for electric vehicles.  In any case, the emblematic investor is placing his pawns while car manufacturers are fighting with thunderous announcements to occupy this market considered to be the future of the automobile in the medium term at least.  Soros, who had so far … Read more

LA County gas prices drop for 60th straight day

LA County gas prices drop for 60th straight day

LOS ANGELES (CNS) — The average price of a gallon of self-serve regular gasoline in Los Angeles County decreased for the 60th consecutive day Saturday since rising to a record, dropping six-tenths of a cent to $5.399, its lowest amount since March 6. The average price has dropped $1.063 since rising to a record high … Read more

Rivian (RIVN) earnings Q2 2022

Rivian (RIVN) earnings Q2 2022

Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California.  Justin Sullivan | Getty Images Electric vehicle maker Rivian Automotive maintained its full-year guidance for deliveries Thursday and reported second-quarter revenue that was higher than Wall Street expected. But it trimmed its … Read more

These stocks soared up to 12% after inflation cooled

These stocks soared up to 12% after inflation cooled

Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or more. Those included several tech names that investors loved during the early stages of the coronvirus pandemic, along with cruise lines, credit-card lenders and chip-related … Read more

Nikola CEO Mark Russell to retire at the end of the year

Nikola CEO Mark Russell to retire at the end of the year

Mark Russell, chief executive officer of Nikola Corp., left, during a media briefing at the unveiling of the Iveco-Nikola electric truck plant in Ulm, Germany, on Wednesday, Sept. 15, 2021. Andreas Grebert | Bloomberg | Getty Images Nikola CEO Mark Russell will retire at the end of the year, the company announced Wednesday. Russell will … Read more

NYC’s public spaces are becoming increasingly hostile toward homeless people

NYC’s public spaces are becoming increasingly hostile toward homeless people

Moynihan Train Hall – the soaring new extension of Penn Station officially opened in 2021 – houses more than two dozen food and retail outlets and services Amtrak and the Long Island Rail Road. Yet, most people in the hall’s glass ceiling atrium are huddled on the floor or leaning against walls and railings waiting … Read more

Charges expected for driver in LA crash that killed 5 | State News

Charges expected for driver in LA crash that killed 5 | State News

LOS ANGELES (AP) — The driver suspected of causing a fiery crash that killed five people including a pregnant woman in Los Angeles last week has been released from a hospital and taken to jail, according to custody records. As of Sunday, Nicole Lorraine Linton was being held in lieu of $9 million bail at … Read more

Gas prices drop for 53rd consecutive day

Gas prices drop for 53rd consecutive day

LOS ANGELES (CNS) — The average price of a gallon of self-serve regular gasoline in Los Angeles County decreased for the 53rd consecutive day Saturday since rising to a record, dropping 4.1 cents to $5.509, its lowest amount since March 7. The average price has dropped 95.3 cents since rising to a record high of … Read more

California DMV says Tesla FSD, Autopilot marketing deceptive

California DMV says Tesla FSD, Autopilot marketing deceptive

Brand new Tesla cars sit in a parking lot at a Tesla showroom on June 27, 2022 in Corte Madera, California.  Justin Sullivan | Getty Images News | Getty Images The California Department of Motor Vehicles has accused Tesla of engaging in deceptive practices around the marketing of its driver assistance systems, which are branded … Read more