2 min read
Business

Money Managers Increasingly Worried About Systemic Risks as Real Estate Market Struggles

Concerns continue to mount among money managers as real estate woes spark turmoil in the market. The issue of systemic risk has become a significant topic of discussion, with many experts warning of potential consequences for the financial sector.

2 min read
Business

Experts Urge Caution After Study Links Chlormequat in Cheerios and Quaker Oats to Fertility Issues

A recent study has found that a chemical commonly used on crops and present in popular breakfast cereals may pose a risk to fertility. Chlormequat, a plant growth regulator, was detected in high levels in Cheerios and Quaker Oats products. This finding has raised concerns about the potential impact on reproductive health.

2 min read
Business

Tesla recalls 200,000 vehicles, including Models Y, S, and X, over backup camera blackout glitch

In a recent development, Tesla has announced a recall of approximately 200,000 vehicles, including Models Y, S, and X, due to a software glitch that can potentially cause the backup camera to go dark. The company has taken this proactive step to ensure the safety and satisfaction of its customers.

3 min read
Business

Stellantis Takes a Swing at Tesla, Highlighting Risk of ‘Bloodbath’ from EV Price Slashes

Leading global automotive manufacturer Stellantis has thrown a direct jab at electric vehicle (EV) pioneer Tesla, cautioning against the potential consequences of aggressive price cuts in the EV market. The company’s CEO, Carlos Tavares, has warned that such price reductions could lead to a ‘bloodbath’ within the industry, causing substantial financial losses for many manufacturers.

3 min read
Business

Electrical Fault Causes Brief Power Outage in Parts of New York City

Residents of New York City experienced a momentary disruption to their daily lives yesterday as a brief power outage affected several neighborhoods. The electrical fault occurred in the late afternoon, resulting in darkness and briefly interrupting activities. Fortunately, power was swiftly restored by the diligent efforts of utility workers.