Apple’s rumored Face ID doorbell: a step into smart home security
Apple is rumored to be making a big entrance in home security with plans to release a smart doorbell system that uses facial recognition....
Boeing selling 90 million shares of common stock
Boeing just announced that it will sell 90 million shares of common stock to raise up to $14 billion. Along with this, the company...
Why Are US mortgage rates rising despite fed rate cuts?
The Federal Reserve, America’s Central Bank, has cut interest rates several times so far this year. Its last cut was in December (earlier this...
BHS landlords and creditors agree to major rent cut plan
Landlords of BHS stores have been persuaded by the retailer to accept a new restructuring plan which will significantly cut the company’s rental bill.
BHS...
Northern forests to change as global warming progresses
As a result of global warming, northern forests in the decades to come will look quite different as a new set of trees appear...
Philips lowered its 2024 sales growth forecast
Koninklijke Philips N.V. is adjusting expectations after a rough quarter marked by declining demand in China. The health-tech company lowered its 2024 sales growth...
Skechers reports impressive third-quarter results for 2024
Skechers reported impressive third-quarter results for 2024. The global footwear company achieved record sales in the third-quarter of $2.35 billion, a 15.9% increase year-over-year,...
First demonstration of quantum teleportation over internet cables
Quantum information has just been transmitted across a busy fiber optic network, offering a glimpse into how future communication systems might run on existing...
Tesla earnings per share rose by 9% in Q3 2024 to 72 cents
Tesla reported Q3 2024 results that surpassed Wall Street expectations as its cost per production unit dropped to a record low.
The electric vehicle (EV)...
Scout Motors brought back by VW as electric vehicle company
Scout Motors, founded in the 1960s as a producer of agricultural machinery and trucks, is being brought back to life by Volkswagen as an...