EV Startup Lost $463M Last Quarter, Mulls New Investor Funds Electric vehicle manufacturer Fisker issued a dire warning Thursday that it may not survive the next 12 months without raising additional cash. The startup lost over $460 million last quarter and said its very ability to continue operating faced “substantial doubt.” Fisker is now considering […]
Stanley Seeks Sanity With New Tumbler Launch Plan
Signup System Aims to Thwart Scalpers, Bots, Stampedes Iconic brand Stanley is trying a radically different approach to launching its latest trendy tumbler, implementing a signup system to curb chaos. Wild demand for Stanley’s cups frequently sparks website crashes, in-store stampedes, and bulk reselling by opportunists. The new method intends to ensure genuine fans have […]
Millennials Stand to Gain $90 Trillion Windfall
But Inheritance Boon Will Skip Most, Widen Inequality Over the next 20 years, millennials are set to receive an astronomical $90 trillion transfer of wealth as older generations pass assets down. But the vast majority of that windfall will land in the hands of those born into affluent families, potentially exacerbating wealth inequality. According to […]
Travelers Face Soaring Luggage Fees
The cost of checking bags on flights is hitting record highs, with major airlines hiking fees up to $40 per bag each way. For many travelers, luggage charges now rival the price of tickets themselves. Airlines Cashing In on Lucrative Revenue Bag fees generated nearly $7 billion for US airlines in 2022 and make up […]
Tax Season 2024: What’s the Earliest You Can File Your Taxes?
The Internal Revenue Service (IRS) has officially announced Monday, January 29, 2024, as the kickoff date for the much-anticipated tax season, marking the start of the agency’s acceptance and processing of 2023 tax returns. As taxpayers gear up for this annual financial task, it’s essential to be aware of the crucial dates and notable changes […]
H&M Faces Backlash, Pulls Ad Amidst Claims of Sexualizing Children
The brand apologised and said that they had removed the ad and it was only live in Australia. Fashion giant H&M has pulled a controversial advertisement for school uniforms after it was accused of sexualising young children, as per a report in the Independent. Several people said that it had a “highly inappropriate” caption. The […]
Starlink: Elon Musk’s Entry in India, Rivals Jio & Airtel
Elon Musk’s Starlink is expected to make its debut in the Indian market soon, set to compete with Reliance Jio and Airtel in the internet space. Billionaire Elon Musk’s satellite internet company Starlink is expected to get its license to operate in India soon, after clearing regulatory checks and tests. Starlink is expected to bring […]
Russian Prez Putin’s Plan to Visit North Korea Raises Questions
Russian President Vladimir Putin is thinking about visiting North Korea soon. He shared this during a meeting with North Korean Foreign Minister Choe Son Hui in Russia last week. If this visit happens, it’ll be Putin’s first time going to North Korea in more than 20 years. Kim and Putin’s Friendship Worries Some Countries Kim […]
Scorpion Casino and Chainlink Sting While XRP Slumps: A Diversifying Crypto Landscape
As the new year unfolds, the ever-dynamic cryptocurrency market is witnessing a shift in investor focus. While Ripple’s XRP endures a price hammering, two altcoins, Chainlink (LINK) and the rising star Scorpion Casino (SCORP), are captivating investor interest. Let’s delve into the reasons behind this movement and explore what each project offers. XRP Under Pressure: […]
Sensex Bounces 0.70%, Weekly Markets Dip 2% Despite Friday’s Surge
Sensex and Nifty, after a three-day crash, saw a mild recovery, with the benchmark BSE index rising by over 500 points. Sensex and Nifty showed gradual recovery after crashing for three continuous day, with BSE Sensex closing at 71,728 points and NSE Nifty closing at 21,634 points on Friday, January 19. With things going uphill […]