European car giants are currently facing a multitude of challenges on their journey towards full electrification. One major issue is the struggle to meet ambitious targets set for the transition to electric vehicles. In a recent announcement, Volvo Cars revealed that it had to scale back its plan to sell only electric vehicles by 2030.
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A potential disturbance in the Gulf of Mexico is expected to intensify into a tropical storm on Monday, with the possibility of it developing into a hurricane before reaching the U.S. Gulf Coast by the middle of the week. This disturbance, referred to as Potential Tropical Cyclone Six, is currently situated approximately 300 miles south-southeast
Boeing and the union representing 33,000 of its workers have reached a new labor agreement, avoiding a potentially costly strike. The International Association of Machinists and Aerospace Workers announced the tentative deal, which includes significant raises over four years, improvements to health-care costs, and better retirement benefits for workers. This negotiation process highlights the importance
Former President George W. Bush has decided not to endorse any candidate for president in the upcoming election. This decision, as stated by his office, reflects his retirement from presidential politics years ago. Unlike in 2012 when he openly backed Republican candidate Mitt Romney, Bush has remained silent this time. This subtle move signifies a
The latest data on job creation in the U.S. economy showed a slight decrease in the number of new jobs created in August. The nonfarm payrolls expanded by 142,000 during the month, down from the previous month’s figure of 89,000. This slower growth in job creation has raised concerns about the health of the labor
In August, private sector payrolls experienced the slowest growth rate in over three-and-a-half years, with only 99,000 jobs added. This figure was less than the revised July number of 111,000 and below the expected 140,000, as forecasted by Dow Jones. The data from ADP reveals that August marked the weakest month for job growth since
Two members of the U.S. Consumer Product Safety Commission have recently raised concerns about the safety practices of “foreign-owned” e-commerce platforms such as Shein and Temu. Specifically, they are urging the agency to investigate the alleged sale of “deadly baby and toddler products.” Commissioners Peter Feldman and Douglas Dziak emphasized the need to examine the
The Institute for Supply Management’s monthly survey of purchasing managers in August revealed that only 47.2% reported expansion, falling below the 50% breakeven point for activity. This data raised concerns about the state of the economy, especially in the manufacturing sector. Although the August figure was slightly higher than July’s 46.8%, it fell short of
The recent decision made by a panel of Brazil’s federal supreme court justices to suspend the use of Elon Musk’s social network X nationwide has sparked controversy and divided opinions. The court, led by top justice Alexandre de Moraes, issued suspension orders late Friday after Musk failed to appoint a legal representative for his business
Former Democratic Rep. Tulsi Gabbard has recently endorsed Republican former President Donald Trump’s campaign and is providing strategic advice for the upcoming debate between Trump and Vice President Kamala Harris. Gabbard suggests that Trump should focus on Harris’ policy pivots, as she has been attempting to distance herself from her previous positions. This advice comes