Tesla knocks $2,000 off prices for 3 EVs after shares crash 39% YTD on falling sales

Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla’s most popular model and the top-selling electric … Read more

Climate Change will increase the value of rooftop solar panels

A new University of Michigan study finds climate change will increase the value of rooftop solar panels over the next 75 years. The study defines the value as a combination of electricity bill savings, plus money earned from selling excess electricity to the grid. “I think that’s important for households to really get a good … Read more

Gold surges to new high as geopolitical tensions fuel safe-haven demand

Gold bars can be seen in this image. — AFP/File KARACHI: Gold prices in Pakistan surged to a new record high on Saturday, tracking global gains as escalating geopolitical tensions boosted the metal’s safe-haven appeal, traders said. Gold rates in the local market rose by Rs1,500 per tola to reach an all-time high of Rs252,200, … Read more

Rupee seen steady as foreign reserves hold up, IMF hopes rise

A representational image showing a man counting rupee notes. — AFP/File KARACHI: The rupee is expected to trade in a narrow range over the coming week, buoyed by stable foreign exchange reserves and optimism over a new International Monetary Fund loan program. “After losing some ground in the previous sessions, I expect that the rupee … Read more

Stocks poised for uptick on Saudi investment, IMF talks

A stockbroker monitors the share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on May 16, 2022. — AFP KARACHI: Stocks witnessed a mixed trend during the outgoing week but managed to close at a record high, while the market is expected to maintain the positive momentum into next week … Read more

J&J And Kenvue Must Pay $45 Million In Talcum Baby Powder Lawsuit

Topline An Illinois court late Friday ordered pharmaceutical giant Johnson & Johnson and Kenvue to pay $45 million to a family that alleged the companies’ talcum-based baby powder led to the death of a relative diagnosed with a fatal cancer linked to asbestos exposure, the company’s latest legal issue involving talc products. Friday’s ruling in … Read more

Japan bullet trains to offer luxe private rooms

NAGOYA, Japan — Some of Japan’s newest shinkansen bullet trains will be equipped with private rooms starting in fiscal 2026, Central Japan Railway announced Wednesday, looking to tap demand from business and leisure travelers who value maximum privacy. “We have to respond to the diversification of transportation needs,” JR Central President Shunsuke Niwa explained in … Read more

Edison Awards focus on innovative advances in a number of fields

A robotic hand to help the blind or deaf communicate. Earbuds that allow a blink of the eye or nod of the head to control digital devices. A therapy to treat glaucoma. A software device to help people with PTSD. A cheaper way to make holograms. A more efficient way to raise aquaculture. These were … Read more

Writer Caoilinn Hughes on ‘The Alternatives’ : NPR

NPR’s Andrew Limbong talks to Irish writer Caoilinn Hughes, whose new novel explores the bonds of sisterhood and the ways those bonds can be tested. ANDREW LIMBONG, HOST: Sisters have a way of being there for you, holding you down when you’re going through it or standing up for you when your back’s against the … Read more