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HONG KONG/SHANGHAI (Reuters) -Chinese premium electric vehicle maker Zeekr will take control of Lynk & Co, a sister brand owned by Geely and Volvo (OTC:) Cars, two sources with direct knowledge of the plans said. It’s the first big restructuring move in a sweeping overhaul planned by Geely Holding, the…
Following is a transcript of the video.Alex Craddock: I think, look, outside of gen AI, the only other one that is on my radar, just because probably gen AI is so overwhelming at this stage, it’s hard to think about what’s beyond that, I think is quantum computing.I think it’s…
A slew of states and cities voted on housing measures this week.Many of the efforts were focused on allocating more funds for affordable housing.The “Yes In My Backyard” (YIMBY) movement, which pushes for more homes, claimed four wins and one loss. On Tuesday, voters in many states and cities had…
By Sinead Cruise and Lawrence White LONDON (Reuters) -HSBC’s history-making new chief financial officer Pam Kaur is a battle-hardened risk and audit veteran who credits her success to the “Power of Chi”. The first woman to occupy the role in the bank’s 160-year history, she has observed at close quarters…
By Dave Sherwood HAVANA (Reuters) – Cuba’s efforts to restore power to the island were derailed for a third time late on Saturday, Cuban authorities said shortly before midnight, leaving millions in the dark and raising fresh questions over the viability of the government’s bid to reestablish electrical service. Cuba’s…
(Reuters) – Boeing (NYSE:) faces a crucial test with employees, customers and investors after announcing 10% job cuts and $5 billion in charges as a crippling machinists strike enters a fifth week. The planemaker plans a series of internal meetings this week to lay out the jobs plan, which could…
NATO is kicking off its annual “Steadfast Noon” nuclear exercise on Monday.More than 60 aircraft, including nuclear-capable fighter jets, will take part.The UK’s Royal Navy is also holding a major naval exercise from Monday. NATO is set to launch its annual nuclear training exercise, “Steadfast Noon,” on Monday.The two-week exercise…
“Love Is Blind” season seven features singles from the Washington, DC area.Taylor and Garrett are one of the couples who get engaged and make it out of the pods.It’s not clear if they’re still together right now, and the show hints at difficulties ahead. “Love Is Blind” is back —…
Divorce can derail the best-laid retirement plans.Divorced baby boomers — especially women — often struggle financially in retirement.A Business Insider analysis shows divorcees have lower incomes and savings than married people. A decade ago, Libby Mintzer imagined her retirement.Her gated community would sit along a river, each house hugged by…
Around 45,000 dockworkers are on strike, shutting down East and Gulf Coast ports.The damage wreaked on the supply chain by Hurricane Helene may give dockworkers the upper hand.President Biden on Tuesday called for port companies to offer fair deals to striking dockworkers. The devastation wreaked by Hurricane Helene may be…