New f 150 electric truck

Share to Twitter Share to Linkedin Topline The death toll reached 50 among people believed to be migrants who were found Monday in and around a sweltering abandoned tractor-trailer near San Antonio, Texas–a tragedy that appears to be linked to efforts to smuggle people across the border from Mexico. Key Facts There were 46 dead reported Monday, with 16 other people—including four children—found alive at the scene, but three later died at Baptist Medical Center, while a fourth death was also reported, though the circumstances were not clear, according to the New York Times . The trailer was first discovered by a person working in a nearby building on Monday evening after they responded to a cry for help and found the trailer’s doors partially open and the deceased people inside it, San Antonio police chief William McManus told the press . Although the vehicle in question was a refrigerated tractor-trailer, San Antonio Fire Chief … [Read more...] about Death Toll Reaches 50 From Abandoned Truck Near San Antonio

Officials from BC Card and the Busan city government take a commemorative photo to celebrate the opening of BC Card's big data platform lab Wednesday in Busan. [BC CARD] BC Card opened a second financial big data platform lab in Busan in support of the government’s Digital New Deal initiative, the company announced Thursday. “We hope businesses can utilize our big data platform lab for various purposes and eventually promote the big data ecosystem and relevant technologies,” said BC Card Chief Operating Officer Lee Kang-hyuk, at an opening ceremony in the Busan International Finance Center Wednesday afternoon. Big data technology analyzes large databases to extract meaningful information. BC Card’s big data platform lab is a data marketplace that extracts and sells both financial and non-financial data to individuals and companies. BC Card was selected by the government to head the building of a big data infrastructure for the finance sector in May 2019 as part of the … [Read more...] about BC Card opens big data lab in Busan

- A + A NEW YORK (June 28): The lukewarm reception for Polestar Automotive Holding, the latest electric-vehicle (EV) company to go public in the US, is sending an ominous message to other start-ups: The purge is not over. Yes, the auto industry is due for a transformation as oil prices soar and the need for cleaner transportation becomes increasingly apparent. But, runaway inflation and a looming economic downturn are making investors leery of speculative investments, which include EV makers despite the allure of the coming revolution. Polestar's tepid welcome — the stock jumped 16% on its first day of trading on Friday and then dropped 15% on Monday — is the latest evidence of that scepticism. The Swedish electric-car maker went public after merging with blank-cheque company Gores Guggenheim Inc. The company's market valuation stood at about US$24 billion as of Monday's close. "EV stocks benefitted greatly from the abundance of liquidity that had been sloshing … [Read more...] about Polestar IPO’s meh greeting a troubling signal for EV makers

Share to Twitter Share to Linkedin Crypto may be down, but Jack Lu and Zhouxun Yin are continuing to build. The cofounders of Magic Eden, the top Solana SOL -based NFT marketplace by market share, announced today the close of a $130 million Series B venture round. The added capital brings the company’s valuation up to $1.6 billion and is one of the first major investments to be announced since the recent crypto plunge that saw bitcoin fall below $20,000 and ether drop under $1,000. Magic Eden now becomes the third NFT marketplace to achieve unicorn status alongside $13 billion OpenSea and $7 billion LooksRare. The funding was co-led by Electric Capital and Greylock and it comes three months after the company announced its $27 million Series A in March 2022. “Magic Eden’s ability to keep pace and drive innovation in a rapidly evolving NFT market is extremely impressive,” said Avichal Garg, cofounder and managing partner at Electric Capital. “They … [Read more...] about Billion Dollar NFT Marketplace Magic Eden Raises $130 Million Despite Signs Of Crypto Winter

A British Muay Thai boxer vowed to get up off the floor and back into the ring after a horror crash in Koh Samui left him fighting for his life. Chris Richardson was crushed by a pickup truck as he pulled out of a coffee shop on his motorbike on April 13 earlier this year. The injuries were so severe that the 32 year old had to be airlifted to a Bangkok hospital after suffering from multiple broken bones, a fractured eye socket, and a foot infection, which left him bed-bound and seriously ill. The York-born pugilist’s friend Alison, today announced some good news, however, saying he is on the mend despite his body being held together by metal rods. “The leg frames have been removed and Chris is sitting up now and working with a physio to build up his strength. We did get him to stand briefly, which was so good to see, and hopefully, after his next surgery, we’ll be able to move him even more.” “I look forward to getting him into a wheelchair, so I can take him to the garden … [Read more...] about British boxer vows to get back in ring after Thai horror crash

This Friday, July 1, there will be an official declaration that Thailand is now in “post pandemic” mode. Here’s an overview of the current situation and what to expect. The word endemic is being avoided as Thai officials believe it will be up to the World Health Organisation to make that call. According to the Public Health Ministry permanent secretary Dr. Kiattiphum Wongrajit, “What we expect to see is only small or medium clusters that will not do any harm to our public health service. The disease will be under control.” He commented on the international concerns over two new Covid-19 sub-variants, BA.4 and BA.5, noting that infections had already been detected in Thailand but, at this stage, had not led to an increase in the number of serious cases being admitted to hospitals. On the tourist side of the pandemic, deputy government spokeswoman Traisulee Traisaranakul announced that the International Air Transport Association is predicting that foreign visitors to … [Read more...] about Thailand News Today | Post pandemic Thailand – What to expect

- A + A NEW YORK/BENGALURU (June 28): Bank shares boosted the Dow Jones and the S&P 500 indexes on Tuesday, as the big four lenders raised dividends following a stress test, but a sharp drop in consumer confidence brought to fore the risks from rising inflation. Wall Street's main indexes started the week on soft footing on worries of rising prices and an aggressive Federal Reserve dominated sentiment. Economic data remains at the forefront of investors' focus amid few market moving catalysts till the start of earnings season in two weeks. The Conference Board said its consumer confidence index dropped 4.5 points to a reading of 98.7 this month, as worries about high inflation left consumers anticipating that economic growth would weaken significantly in the second half of the year. Investors are now looking at data to determine whether the economy can withstand large interest rate hikes by the US central bank to stamp out inflation. "People are coming into … [Read more...] about Dow, S&P boosted by banks; cautious on consumer confidence data

The resignation of Glossier CEO Emily Weiss inspired another wave of obituaries for young, female founders. Nevertheless, they persist—and refuse to be put on glass pedestals again. I n October 2021, Rent the Runway cofounder Jennifer Hyman took her 12-year-old subscription fashion company public at a $1.7 billion valuation, valuing her 5.1% stake at nearly $49 million. The 41-year-old CEO was one of only about 25 American women in history to go public with a company she had founded. But Rent the Runway’s IPO was even more unusual for not only having a female founder but also a female CFO and a female COO. Hyman celebrated the moment on a flowery Nasdaq podium surrounded by the key women on her team, her two daughters and a shower of pink confetti. But for all the femininity on stage, there is one word that Hyman would not use to mark the moment: “Girlboss.” “We've created a false narrative because we looked at two or three examples of women who were building businesses … [Read more...] about Why Female Entrepreneurs Welcome The End Of The Girlboss Era—Once And For All

Share to Twitter Share to Linkedin Topline High-profile stock picker Cathie Wood conceded to being wrong about the duration of high inflation that's contributed to her fund's steep decline this year while doubling down on her belief that the economy has fallen into a recession—defying a vast majority of experts noting a recession is unlikely this year despite growing odds of one next year. Key Facts “We think we are in a recession,” Wood, the founder and CEO of New York City's Ark Invest, said on CNBC's Squawk Box Tuesday, noting that excess inventory driving up costs and leading to wider-than-expected profit shortfalls for corporations like Walmart and Target is a "big problem" facing the economy. Wood first declared the U.S. had fallen into a recession last week, warning on Twitter that massive inventories (often viewed as a leading indicator for demand) have the potential to unwind and hurt growth for the rest of the year, as consumer … [Read more...] about Cathie Wood Claims Economy Already In A Recession—Warns Inflation And Inventories Pose ‘Big Problem’

Share to Twitter Share to Linkedin Fintech and digital assets infrastructure provider Prime Trust has raised $107 million in Series B Funding. FIS, one of the world’s largest payments processors, fintech-focused asset manager Fin Capital, Kraken Ventures and Prime Trust’s Series A lead investor, Mercato Partners, were among the leading investors in the round, the Las Vegas, Nevada-based firm announced today (Prime Trust declined to disclose valuation). Despite the latest crypto crash, which saw the value of bitcoin and other digital assets plunge to their lowest level in 18 months, the round was oversubscribed, according to Prime Trust CEO Tom Pageler. “This strategic investment will provide critical operational expertise to further scale Prime Trust into new offerings,” says Pageler, “including wealth products, as well as Web3 and DeFi products.” Specifically, the company will focus on scaling its latest offering, Prime Trust Crypto IRA, which … [Read more...] about Prime Trust Raises $107 Million Series B Round To Expand Crypto Product Suite