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Mercedes-Benz is backing off its plan to only sell electric vehicles after 2030, the company said Thursday. It was the latest evidence that the global auto industry is feeling more dour about the all-electric future after a slowdown in sales growth. It was only three years ago that Mercedes was feeling quite bullish about plug-in … Read more
Takeshi Ebisawa, a 60-year-old Japanese man—believed by U.S. officials to be a leader within the organized crime syndicate Yakuza—has been charged with conspiring to traffic nuclear substances from Myanmar to other countries with the expectation that Iran would eventually use them for its weapons program. Federal prosecutors said that Ebisawaand three co-conspirators had allegedly been … Read more
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Reddit will let “an unnamed large AI company” have access to its user-generated content platform in a new licensing deal, according to Bloomberg yesterday. The deal, “worth about $60 million on an annualized basis,” the outlet writes, could still change as the company’s plans to go public are still in the works. Whether or not … Read more
Commercial EV startup Arrival’s business continues to unravel. Arrival announced Monday in a regulatory filing that its U.K. division is entering administration, the country’s version of bankruptcy. The troubled company, which went public in 2021 via a merger with a special purpose acquisition company, said it’s looking to sell its U.K. assets and intellectual property … Read more
(REUTERS/Mike Blake/File Photo) A set of six individual Air Jordan sneakers worn by Michael Jordan during NBA finals sold for $8 million at an auction in New York, setting a new global auction record for game-worn sneakers, auction house Sotheby’s said on Friday. The shoes, worn by one of basketball’s greatest players in the clinching … Read more
Bills and Chiefs fans with a blank space in their tummies are in luck this weekend … Buffalo’s food service partner just revealed its going to sell some Taylor Swift-themed snacks at the big game Sunday!! Delaware North — which has brought tasty treats to Highmark Stadium all season long — announced this week it’s … Read more
Actor Alec Baldwin may be looking to unload his Long Island home in order to pay the bills related to the “Rust” incident that occurred when a gun that he was holding went off on the set of a Western film in New Mexico. Cinematographer Halyna Hutchins was killed and director Joel Souza was hospitalized … Read more
Samsung Electronics Chairman Lee Kun-hee with daughters Lee Boo-jin (R) and Lee Seo-hyun, followed by his wife, Hong Ra-hee, in Las Vegas, 2012.Steve Marcus / Reuters The former Samsung Electronics chairman, who was South Korea’s richest person, died in 2020. Lee Kun-hee’s family is now selling billions worth of shares to pay inheritance taxes. South … Read more
(Reuters) -Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles from its U.S. fleet due to higher expenses related to collision and damage, and will opt for gas-powered vehicles. Shares of the company, which operates vehicles from Tesla Inc and Swedish EV maker Polestar among others, fell about 3% … Read more
Jeffrey Epstein victim Virginia Giuffre was told to paint famed attorney Alan Dershowitz as a pedophile to make a book about her sex abuse claims more appealing to publishers … according to newly unsealed court documents. The docs, obtained by TMZ, include email correspondence between Giuffre and U.K. journalist Sharon Churcher from May 2011 … … Read more