General Motors battery technician Steven Petty Jr. focuses on aligning electrodes on an anode sample for a prototype LMR battery cell in the making. Photo by Steve Fecht for General MotorsWARREN, Mich. — General Motors expects to pioneer a new “groundbreaking” EV battery technology that the automaker says will reduce costs and boost profitability of its largest electric SUVs and trucks.GM is targeting the new batteries and chemistry inside them — called lithium manganese-rich (LMR) prismatic battery cells — to be used in full-size electric vehicles such as its Chevrolet Silverado and Escalade IQ beginning in 2028.The new batteries use…
Author: usaeverydaylife
[The stream is slated to start at 9:45 a.m. ET. Please refresh the page if you do not see a player above at that time.]President Donald Trump on Tuesday is set to deliver remarks after the White House announced Saudi Arabia’s commitment to invest $600 billion in a series of deals with the United States.Trump’s participation at a U.S.-Saudi investment forum in Riyadh follows a visit with Saudi Crown Prince Mohammed bin Salman.Among the agreements secured is a nearly $142 billion defense sales deal providing the kingdom with “state-of-the-art warfighting equipment and services from over a dozen U.S. defense firms,” the White…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailTransportation Secretary Sean Duffy joins ‘Squawk Box’ to discuss the ongoing delays and air traffic control outages at Newark airport, the launch of a Newark airport emergency task force, whether it’s safe to fly in the U.S., the race to find air traffic controllers, modernizing air traffic control systems, and more. Source link
Microsoft CEO Satya Nadella leaves after attending a meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, on April 30, 2024.Willy Kurniawan | ReutersMicrosoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies.”We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” a Microsoft spokesperson said in a statement to CNBC.The company reported better-than-expected results and an upbeat quarterly forecast in late April.Microsoft had 228,000 employees worldwide at the end of June, meaning that the move will affect thousands of employees.It’s…
Workers clearing out the basement of Argentina’s Supreme Court made a startling discovery recently. They found boxes filled with swastika-stamped notebooks, propaganda material and other Nazi-era documents.The boxes had been stored there for more than eight decades, the court said, and were uncovered by accident because workers were going through archives for the creation of a Supreme Court Museum.Upon opening the boxes, they found “material intended to consolidate and propagate Adolf Hitler’s ideology in Argentina, during the height of World War II,” according to a statement from the court in Spanish.Last week, officials, researchers and members of the Argentine Jewish…
We’re selling 80 shares of Texas Roadhouse at roughly $191. Following Tuesday’s trade, Jim Cramer’s Charitable Trust will own 450 shares of TXRH, decreasing its weighting to about 2.5% from 2.95%. We’re partially offsetting the cash used to initiate a new position in GE Vernova with a trim of Texas Roadhouse to maintain some discipline to the slightly overbought S & P Short Range Oscillator. Shares of the steak restaurant chain have been a strong performer over the past few trading sessions. Since last Friday, the stock has rallied about 10% thanks to a reacceleration in comparable store sales through…
U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC.Chip Somodevilla | Getty Images News | Getty ImagesA little-known federal court is set to hear arguments Tuesday in a case challenging President Donald Trump’s tariffs, putting a key plank of his economic agenda under the legal microscope for the first time.A panel of three judges at the U.S. Court of International Trade will consider whether Trump exceeded his power when he enacted steep tariffs on more than 180 countries and territories last month.If they side…
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, on Feb. 1, 2023Yves Herman | ReutersLONDON — European countries are preparing new sanctions on Russia despite a potential direct meeting for peace talks between Kremlin leader Vladimir Putin and Ukrainian President Volodymyr Zelenskyy on Thursday, three sources told CNBC.Ambassadors from the 27 EU member states are due to meet Wednesday to discuss what is likely to become the 17th package of measures against the Russian economy since its full-scale invasion of Ukraine, the sources said.The package includes sanctions on a wider list of vessels that make up…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailTransportation Secretary Sean Duffy joins ‘Squawk Box’ to discuss the ongoing delays and air traffic control outages at Newark airport, the launch of a Newark airport emergency task force, whether it’s safe to fly in the U.S., the race to find air traffic controllers, modernizing air traffic control systems, and more. Source link
Hinge Health co-founders Gabriel Mecklenburg (left) and Daniel Perez (right).Courtesy of Hinge HealthHinge Health said in a filing on Tuesday that it plans to raise up to $437 million in its upcoming initial public offering.The digital physical therapy startup filed its initial prospectus in March, and it updated the document with an expected pricing range for its Class A common stock of $28 to $32 per share. Hinge said it plans to sell about 13.7 million shares in the offering.Based on the number of Class A and Class B shares outstanding after the offering, the deal would value the company at $2.42 billion…
