Switzerland could ban electric vehicles from being used non-essentially this winter as government officials begin to brace for an energy crisis during the winter months, according to reports. The Telegraph reported on Saturday that Swiss officials have drafted emergency proposals that restrict power usage if things get bad this winter. For...
According to Elon Musk, Apple has “fully resumed” advertising on Twitter. The billionaire made the comment during a Twitter Spaces conversation he broadcast from his private plane on Saturday evening. On November 28th, Musk claimed Apple had “mostly stopped advertising on Twitter” and threatened to remove the platform’s iOS...
An influential alliance of oil producers on Sunday agreed to stay the course on output policy ahead of a pending ban from the European Union on Russian crude. OPEC and non-OPEC producers, a group of 23 oil-producing nations known as OPEC+, decided to stick to its existing policy of reducing...
Across Wall Street, this year’s bleak expectations for banker bonuses are rapidly proving true, as a slump in dealmaking ends the industry’s war for talent and firms regain the upper hand in setting pay. JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. are all weighing plans to...
General Motors and LG Energy Solution will spend an additional $275 million in their joint venture battery plant in Tennessee to increase production by more than 40%. The joint venture, known as Ultium Cells LLC, said Friday that the new investment is in addition to the $2.3 billion announced in...
Because you can never have too many candles. Get ready to stock up on all the smell-goods of the season! Bath & Body Works is having its annual candle sale, and you don't want to miss the highly-anticipated event if you hope to take advantage of some slashed prices for your...
The U.S. has joined the European Union, the Group of Seven nations, and Australia to cap the price of Russian oil at $60 a barrel. The U.S. has been in detailed talks with allies for months about setting a price cap on Russian oil to reduce the country's revenue as...
Delta Air Lines is making the most exclusive corners of the airport harder to get into. Next year, the airline will increase the prices and requirements to gain access to its Sky Club airport lounges, spaces designed to offer flyers an escape from the traveling masses with complimentary food and...
Airbnb has launched a new long-term listing service intended to make it easier for would-be-renters to find apartments where they’re allowed to sublet short-term. The site, similar to Zillow or StreetEasy, currently shows listings for about 175 buildings in more than 25 U.S. locations. Airbnb doesn’t own these apartments or...
WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation as largely inadequate. Echoing recent statements from other central bank officials and comments at the November Fed meeting, Powell said he sees the...
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