In a recent announcement, Ferrari CEO Benedetto Vigna unveiled plans for the luxury carmaker’s first fully electric vehicle set to launch in 2025. Assuring consumers that the electric vehicle will maintain the signature Ferrari roar, Vigna emphasized the company’s commitment to preserving performance, design, and driving experience in their EV range. Unlike traditional electric vehicles
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In recent years, artificial intelligence has made its way into the architecture industry, particularly in the realm of housing design. One groundbreaking example of this innovation is Vitruvius, an AI program developed by ICON, the company behind the first fully 3D-printed housing developments in the U.S. Vitruvius aims to revolutionize the way consumers design custom
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Bentley Motors, known for its luxurious vehicles, has announced a change in its plans to transition to exclusively offering all-electric vehicles by the end of the decade. The CEO, Adrian Hallmark, mentioned that the company is facing challenges in achieving this goal due to changing market conditions and a delay in the release of its
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Hindenburg Research has made a name for itself in the world of public activist short-selling, taking on big-name companies and causing significant disruptions in their share prices. Founded by Nate Anderson, this New York-based firm has gained a reputation for its boldness and fearlessness, going after prominent figures like Carl Icahn and Gautam Adani. Short
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The Federal Reserve is expected to maintain interest rates following its two-day meeting, despite speculation that rate cuts are on the horizon. The rate hike cycle implemented by the Fed in 2022 and the first half of 2023 resulted in elevated consumer borrowing rates and increased inflation, placing significant pressure on households. Credit scoring company
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Donald Trump is facing a tough financial situation as his lawyers have indicated that he does not have enough cash to obtain an appeal bond to prevent New York’s attorney general from seizing his real estate assets. This comes after a civil fraud judgment of $454 million was issued against him. Trump’s legal team has
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United Airlines CEO Scott Kirby recently took steps to reassure customers about the safety of the carrier following a series of flight incidents in recent weeks. One of these incidents involved a tire falling from a Japan-bound Boeing 777 shortly after takeoff, causing damage to cars in a San Francisco airport parking lot. Another incident
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