It was a big day for Polestar in New York City today at the company’s investor day, where it unveiled a number of new initiatives. First and foremost, the company unveiled its 3-year business plan, in which the pure-play electric-vehicle (EV) maker is going to have 5 current and future models out in the global market by 2024. The exclusive Polestar 1 plug-in hybrid and Polestar 2 EV are already out, but Polestar also confirmed the Precept concept will now be called the Polestar 5, a… Source link
Read More »Burger King expands perks program as restaurants bank on digital in COVID-19 era
Burger King (QSR) is rolling out its app-based loyalty program nationwide, expanding its digital presence as the industry leans in on COVID-19 dining trends that have successfully lured in customers. On Thursday, the fast food giant announced that its “Royal Perks” will launch in two-thirds of restaurants by September. Initially, Burger King tested the program in a 3 market pilot in Los Angeles, Miami and the New York Metro area that began in February. In a function of how digital is playing a… Source link
Read More »Ford Is Spring-Loaded For The EV Era
On Wednesday and week before its Detroit-rival General Motors (NYSE: GM) scheduled its second-quarter earnings results, Ford Motors (NYSE: F) raised its outlook for the year after delivering a surprising second-quarter profit. Upon the news, its stock was up by about 4% in after-hours trading. Q2 Figures Due to the ongoing global shortage of semiconductor chips which continues to disrupt production, the revenue of $24.13 billion slightly missed expectations. Ford revealed it lost production of… Source link
Read More »Initial filings dipped to a new pandemic era low last week
Initial unemployment claims dropped more than expected to a fresh pandemic-era low, with new filings inching back toward pre-pandemic levels as more vaccinated Americans return to work and in-person activities. The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics expected from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended May 8: 473,000 vs. 490,000 expected and an… Source link
Read More »Yahoo Answers shutsdown, the end of an era
The shutdown of Yahoo Answers is no longer news for sure. Nonetheless, should you have chosen the heights of Ararat as your last lockdown destination, we once more confirm: on May 4, the most relevant cultural diversion from your past years is going offline for good. Born naïve in the age of the Internet of Naivety, when Facebook was little more than a bothersome disciplinary issue for the Dean’s office at Harvard, when an MSN Messenger status the sole small stage for one’s… Source link
Read More »One of the ugliest data points of the COVID-19 era is turning around: Morning Brief
Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, April 16, 2021 Initial claims slowly start moving lower When the COVID-19 pandemic rapidly descended on the U.S. economy in the winter of 2020, one of the first economic data points that captured the sheer scale of the looming disaster was weekly initial jobless claims. For the week ending March 21, 2020, initial claims skyrocketed to record-breaking levels as lockdowns roiled the jobs… Source link
Read More »Yahoo Answers Closing Down Marks The End Of An Internet Era
After more than 15 years, Yahoo is closing down its Yahoo Answers questions and response platform, marking the end of an internet era. Yahoo Answers, a staple of the web for so long, is shutting down, with Yahoo planning to focus on other products in its ecosystem. For more than a decade-and-a-half, Answers has enjoyed some of the spotlight in internet culture. However, in recent years, the platform dropped from the public consciousness like many before it… Source link
Read More »Google puts lid on cookie jar and ends an internet era – The Mercury News
The cookie is dead. Long live the cookie. Google, the internet search giant, said last week that it’s done tracking us as we skate around the web. It promises that after fully eliminating its use of third-party cookies over the next year, it won’t adopt replacements that essentially do the same thing. That doesn’t mean Google won’t continue scooping up first-party information it collects directly from users when they visit sites and services it controls. It also doesn’t mean that… Source link
Read More »A Successful U.S. Missile Intercept Ends the Era of Nuclear Stability
(Bloomberg Opinion) — This month, an intercontinental ballistic missile was fired in the general direction of the Hawaiian islands. During its descent a few minutes later, still outside the earth’s atmosphere, it was struck by another missile that destroyed it. With that detonation, the world’s tenuous nuclear balance suddenly threatened to come out of kilter. The danger of atom bombs being used again was already increasing. Now it’s grown once more. The ICBM flying over the Pacific was… Source link
Read More »Infighting and finger-pointing less than two months into the Mike McCarthy era in Dallas
Subscribe to The Yahoo Sports NFL Podcast Well, that didn’t take long. Less than two months into his first season with the franchise, Dallas Cowboys head coach Mike McCarthy is already the target of scrutiny after reports his players have lost confidence in his coaching following an embarrassing 38-10 loss to the Arizona Cardinals on Monday night. Terez Paylor & Charles Robinson open the podcast marveling at how quickly McCarthy’s good will has faded and how this particular instance has… Source link
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