OPEC Plus Considering Major Production Cut to Prop Up Oil Prices
The oil producers group, which meets on Wednesday, is worried about declining demand in a slowing global economy. Prices have dropped by 25 percent since June. Source link
Day: October 2, 2022
‘Bros’ Fails at the Box Office, as ‘Smile’ Arrives at No. 1
Promoted as the first gay romantic comedy from a major studio, “Bros” sold $4.8 million in tickets, about 40 percent less than expected. Source link
Toyota CEO a skeptic of California, U.S. EV targets
As a global automaker serving 200 countries, Toyota must take into account the wide variety of conditions in those various markets, including the needs of the 1 billion or so people who don’t have reliable access to electricity. Through a translator, he cautioned that regulations “tend to narrow the options available for solutions toward carbon …
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Tesla Sold 343,000 Vehicles in Third Quarter, an Increase
The increase from the same period last year comes as competition grows among automakers producing electric vehicles in the United States. Source link
The Week in Business: Market Chaos in Britain
Wall Street volatility continued. Tallying the costs of Hurricane Ian has just begun. And a report on the strength of the job market is coming this week. Source link
A New Refrain From Artists: We ‘Almost Gave Up on Instagram’
Photographers and illustrators who once eagerly shared images of their work on Instagram are moving away from the site as it emphasizes video. Source link
Mystery Solved: ‘Dateline’ Finds Path From TV to Podcast Stardom
The true crime storytelling that has done so well for so long on television seems to have met a moment in an entirely new medium. Source link
Book Review: ‘Bully Market: My Story of Money and Misogyny at Goldman Sachs’ by Jamie Fiore Higgins
In “Bully Market,” Jamie Fiore Higgins describes being seduced, and ultimately repelled, by nearly two high-flying decades at Goldman Sachs. Source link
Free Chevy Bolts for jailers in Georgia
Jailers in the Atlanta area are getting free electric vehicles as a recruitment and retention incentive. The DeKalb County Sheriff’s Office is leasing a fleet of Chevy Bolt EVs from Jim Ellis Chevrolet for what it says is “likely the only program of its kind for jailers nationwide.” Employees at DeKalb County Jail are eligible …
VW takes Amazon Alexa along for some test drives
Volkswagen Group of America has hired Alexa to give guided test drives of its ID4 electric SUV. Half-hour drives with Amazon’s artificial-intelligence persona are being offered starting this fall in certain regions of the country. They’ll start with a walkaround by a human product specialist, then prospective customers can go to a participating dealership for …
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