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[TEST DRIVE] GM Korea bets big on Chevy Trax Crossover but keeps cost small

March 28, 2023 by koreajoongangdaily.joins.com

Chevy Trax Crossover, a fully revamped version in a decade. [GM KOREA] PAJU, Gyeonggi – Sedan? An SUV? If you still don’t know what to pick, how about a crossover? The latest Chevy Trax Crossover is now available in Korea with an extremely cheap price tag, even cheaper than Hyundai’s Kona and Kia’s Seltos. The Trax is the first fully revamped version in a decade. The crossover utility vehicle (CUV), which is between a sedan and an SUV, offers a wider interior and views like SUVs but weighs less. Developed by GM Korea, the Korean unit of General Motors, it also comes with various exclusive features that are only offered to Korean customers. The Korea JoongAng Daily recently got behind the wheel of a red-colored Trax on a 35–kilometer (22-mile) journey from Goyang to Paju, Gyeonggi. Exterior-wise, the Trax is much like Trailblazer, a small SUV also from Chevrolet. Chevy Trax Crossover on the road [GM KOREA] Chevy Trax Crossover on the road [GM KOREA] But … [Read more...] about [TEST DRIVE] GM Korea bets big on Chevy Trax Crossover but keeps cost small

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Bitcoin ‘Maximalist’ Saylor Makes Crypto His Only Job

August 8, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Michael Saylor’s new job looks a lot like his old job: adding bitcoin to the balance sheet of his business-software company with religious fervor. “I'm a bitcoin maximalist, I happen to believe that bitcoin is an instrument of economic empowerment, it'll be beneficial to eight billion people,” Saylor told Forbes in an interview. “I also happen to believe that bitcoin is unique,” he continues, because of “the Immaculate Conception, decentralization, and its commodity status. All of these things make it the superior asset in the space.” The Immaculate Conception he means is the founding of bitcoin, as explained in a 2008 white paper by one or more people using the name Satoshi Nakamoto. Saylor stated that bitcoin is the only crypto asset which is truly decentralized and without an issuer. He backs bitcoin as a corporate investment in part because he believes there is regulatory agreement among U.S. regulators that bitcoin … [Read more...] about Bitcoin ‘Maximalist’ Saylor Makes Crypto His Only Job

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‘Massive Shock’—New Bank Crisis And $300 Billion Fed Pump Has Primed Bitcoin After Huge Crypto And Ethereum Price Rally

March 25, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Bitcoin BTC has found its feet this year after a rocky 2022 that saw a steep price crash and the emergence of serious regulatory concerns . Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster The bitcoin price has climbed to around $28,000 per bitcoin, up from under $17,000 at the beginning of the year. The combined bitcoin, ethereum and crypto market has added over $300 billion amid rising expectations of a Federal Reserve u-turn and institutional financial giants quietly expanding into crypto . Now, some of the biggest bitcoin, ethereum and crypto bulls are predicting the ongoing banking crisis that's spread to German giant Deutsche Bank could have primed bitcoin for a fresh break out. It's at the beginning of a bull run you need up-to-date information the most! Sign up now for the free … [Read more...] about ‘Massive Shock’—New Bank Crisis And $300 Billion Fed Pump Has Primed Bitcoin After Huge Crypto And Ethereum Price Rally

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How ‘Chang Can Dunk’ Director Jingyi Shao Went From Making Commercials To A Debut With Disney

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Jingyi Shao got his start in the film industry through directing commercials in China for global brands like Levi’s, Johnnie Walker and Cartier. Yet, Shao knew he would eventually move into narrative filmmaking. One of his screenplays rose to the top spots on the Black List in 2020 and soon, he was off to a pitch session with Disney. This screenplay became Chang Can Dunk , which premiered on streaming platform Disney+ earlier this month. Shao also has projects currently in development for Amazon AMZN and Netflix. It has been a whirlwind few years for Shao, ever since his first meeting with Disney. “I had been trying to make my first film for a number of years. To write a script, have it picked up by Disney and then very quickly, put into pre-production and then shoot it — all within three years — it’s amazing,” Shao says. While the primary relationships in Shao’s original script were left intact, he admitted … [Read more...] about How ‘Chang Can Dunk’ Director Jingyi Shao Went From Making Commercials To A Debut With Disney

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Oatmilk Cream Liqueur Challenges The Category

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Kevin Burke and Paul Earle set out to create their own alcohol brand, but they knew that for an unknown brand to work, it had to disrupt a category. “My background is beverage innovation, and I worked for Coca-Cola and Beam Suntory, and Paul is a professor at Northwestern, and the two of us asked where can we disrupt a category or what opportunities are out there?” Burke says. “Two things jumped out at us: the rise of dairy-free milks and cream liqueurs, and we realized that no one’s really tried to re-invent that category.” Thus, Dottie May’s Oatmilk Cream Liqueur was born in fall of 2021. Today, they’ve expanded from a handful of bars and liquor stores in the Chicago area to distribution in the entire state of Illinois, as well as Wisconsin and Colorado, as well as shipping through e-commerce to more than 30 different states, with plans for distribution expansion to more states this year. “Illinois, Wisconsin and … [Read more...] about Oatmilk Cream Liqueur Challenges The Category

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Turtle Launches Electric Bike Cab To Whisk Riders Around Streets Of Paris

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Micro-mobility startup Turtle has launched an on-demand electric bike service that allows riders to order via an application a bike cab driven by a chauffeur. Turtle says its new urban passenger transport service targets both Parisians and tourists who want a unique and affordable alternative to ride-sharing services like Uber. The vehicle has three wheels and the company says that it emits no emissions and is made entirely of recycled material. The launch of the service comes after 5 months of testing including 3,100 trips. Because Turtle can use Paris’ growing network of bike lanes, the company is betting that it can deliver faster trips than cars or even public transportation, particularly during periods of heavy traffic. To attract riders, the application will display the price before the ride begins. And all the drivers have completed a training program and will be salaried employees rather than independent … [Read more...] about Turtle Launches Electric Bike Cab To Whisk Riders Around Streets Of Paris

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Middle East Rapprochements: Who Is Standing To Lose?

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Change is brewing in the Middle East. The region’s political landscape transforms as rapprochements emerge. In a turn startling observers, China has brokered a détente between Iran and Saudi Arabia, whose enmity has long been a cornerstone of Middle Eastern strife. Within mere days under Beijing’s watch, the reconciliation between these regional powerhouses altered the political landscape’s main contours. Yet, the Saudi-Iran reconciliation is not the only instance of regional realignment — efforts are also underway to rehabilitate the Assad regime back into the regional fold. As new alliances crystallize, winners and losers emerge in their wake. These developments have far-reaching implications for the region's actors, and understanding their roots and consequences is essential for any observer. Gaining momentum, the China-brokered Saudi-Iran normalization progresses, as reopening embassies and increasing … [Read more...] about Middle East Rapprochements: Who Is Standing To Lose?

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Whoops QE: Good News And Bad News

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin It must be said that all the banking pros predicted that QT wouldn’t last and that QE would start soon enough and that was why stocks were not going to crash any further in the winter of 2022. I thought this unlikely because the central banks would zig and zag but nonetheless get a fair way along the tightening path and pause it at some point for good after more stock market pain. QE = Bull QT = Bear Now these bankers did not predict their own demise as the reason for this end of QT (quantitative tightening) but here we are. How ironic. Here is a chart of the Federal Reserve Balance Sheet: About half of the tightening that has crimped the stock market has been reversed by a QE move. That is probably bad news for inflation and probably good for the market. What does this mean going forwards? It means tightening is over for quite a while and inflation is unlikely to come crashing down anytime soon. … [Read more...] about Whoops QE: Good News And Bad News

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In Healthcare’s Game Of Monopoly, One Player Will Control The Board

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin In healthcare, as in life, people devote a lot of time and attention to the way things should be. They’d be better off focusing on what actually could be. As an example, 57% to 70% of American voters believe our nation “should” adopt a single-payer healthcare system like Medicare For All. Likewise, public health advocates insist that more of the nation’s $4 trillion healthcare budget “should” be spent on combating the social determinants of health: things like housing insecurity, low-wage jobs and other socioeconomic stresses. Neither of these ideas will happen, nor will dozens of positive healthcare solutions that “should” happen. When the things that should happen don’t, there’s always a reason. In healthcare, the biggest roadblock to change is what I call the conglomerate of monopolies , which includes hospitals , drug companies , private-equity-staked physicians and commercial health insurers . These … [Read more...] about In Healthcare’s Game Of Monopoly, One Player Will Control The Board

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The Dallas Mavericks Need To Take Control Of Their Own Future

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin The Dallas Mavericks have just lost two straight games to the Charlotte Hornets, one of the league's worst teams, which acts as a symptom of what has been an underwhelming season for the Texas-based organization. What's even worse than their diminishing playoffs odds is the fact that the Mavericks won't have much control in the offseason about.. well, anything, really. Kyrie Irving and Christian Wood - the team's second and third-best players - are both unrestricted free agents, who have the right to leave outright. Tim Hardaway Jr and Davis Bertans, two players with inconsistent production on fairly large deals, remain on the books and won't necessarily be easy to move off of. And the middle of it all is Luka Dončić, the Slovenian superstar who is unquestionably a Top 5 talent, and a franchise-carrying player. With three years left on his contract after the conclusion of this season, Dončić looks increasingly trapped … [Read more...] about The Dallas Mavericks Need To Take Control Of Their Own Future

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