Electric Vehicles

Northvolt Develops New Lithium-Free Battery To Rival Precious Earth Metal Ones

Swedish battery-maker Northvolt announced proudly on Tuesday that it had developed a new kind of sodium-ion battery.

Power Corridor
‘If You’re So Smart, Why Aren’t You Rich?’

It sounds like something a gunslinging, billionaire hedge fund manager might say. And it is. Ray Dalio, founder of the highly secretive, $100 billion hedge…
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Power Corridor
OpenAI: It’s Complicated

The first large-scale rebellion among artificial intelligence workers raises some serious questions.
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Demand destruction is a fallacy. Demand hasn’t evaporated, it has simply transformed.
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Power Corridor
The Comeuppance of (Another) Crypto Kingpin

Binance agrees to pay one of the biggest corporate fines in U.S. history. Changpeng Zhao is the founder and chief executive officer of Binance, the largest…
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Media & Entertainment
Crypto Exchange Bullish Buys Crypto News Site CoinDesk

CoinDesk was acquired in an all-cash deal by Bullish, a crypto exchange run by former NYSE president Tom Farley.
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Consumer
McDonald’s Buys Back a Piece of Its China Business
(Photo by Declan Sun on Unsplash)

McDonald’s bought out the 28% stake of its Chinese business owned by private equity giant Carlyle Group, just as it plans an expansion there.
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Investing in the Gateway Cities to the American Dream
Demand destruction is a fallacy. Demand hasn’t evaporated, it has simply transformed.
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Banking
Wells Fargo Branches Join America’s Union Push

Workers at two Wells Fargo locations launched efforts to unionize this week, marking a rare unionization effort in the banking world.
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Patent Drop
Special Report: How Big Tech Makes You Buy

As the holiday season approaches, consumers and tech companies alike have shopping on the brain.
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Industries
Airlines Prepare for Record Thanksgiving Travel
(Photo by Josh Sorenson)

The Transportation Security Administration is expecting to screen 30 million passengers between this past Sunday and November 28.
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Investing in the Gateway Cities to the American Dream
Demand destruction is a fallacy. Demand hasn’t evaporated, it has simply transformed.
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Markets
ESG Funds Shrink for the First Time Ever
(Photo by Harry Cunningham on Pexels)

This year’s third quarter marked the first time that more sustainable funds either liquidated or shed their ESG criteria than were added.
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Patent Drop
From the Experts: When AI meets Online Shopping

How AI is impacting the world of e-commerce and digital advertising, and what it means for user privacy.
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Artificial Intelligence
Meta Stamps Out its Responsible AI Team

Meta has disbanded a team in charge of making sure the company developed AI in an ethical way, according to The Information.
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Investing in the Gateway Cities to the American Dream
Demand destruction is a fallacy. Demand hasn’t evaporated, it has simply transformed.
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Power Corridor
Artificial Intelligence Is the New Gold Rush

How the race for profits could overtake the need to weigh human risks.
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Autos
Hyundai Says it Will Start Selling on Amazon

Hyundai will sell its cars directly on Amazon, marking the first major auto brand to list on the massive e-commerce platform.
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Healthcare
CRISPR Gene Therapy Gets First-Ever Regulatory OK

Casgevy, a CRISPR gene-editing therapy, has been authorized by UK authorities to treat people with two blood diseases..
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Investing in the Gateway Cities to the American Dream
Demand destruction is a fallacy. Demand hasn’t evaporated, it has simply transformed.
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Banking
Wells Fargo Gets Called Out for Lax Crime Prevention
(Photo by Griffin Wooldridge on Unsplash)

Watchdogs have been badgering Wells Fargo about its lackadaisical approach to monitoring and preventing financial crimes.
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Patent Drop
Google Wants to Clean Up its Data to Train AI Safely

Avoiding data security slip-ups involving its AI tools is vital in keeping its strong position in the market.
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Media & Entertainment
Formula One Fizzles Ahead of Big Vegas Event
(Photo by Chris Peeters on Pexels)

There aren’t a lot of people willing to drive or fly to Las Vegas to watch Formula 1 racers drive to survive.
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Investing in the Gateway Cities to the American Dream
Demand destruction is a fallacy. Demand hasn’t evaporated, it has simply transformed.
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Geopolitics
Ukrainian Grain Shipments Are Insurable Again

The Ukrainian government struck a deal with insurers on Wednesday to provide affordable insurance to ships carrying grain out of the country.
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Patent Drop
Apple Wants to Track Your Eyes Without Draining Power

The company filed a patent for tech that tracks the light reflecting off a user’s eye to initiate certain actions.
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Indicators
US Retail Sales Dip in October, But It Could’ve Been Worse

According to the US Commerce Department released Wednesday, retail sales dipped slightly month-over-month in October, falling just 0.1%.
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Investing in the Gateway Cities to the American Dream
Demand destruction is a fallacy. Demand hasn’t evaporated, it has simply transformed.
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Technology
Ford May Add AR to Your Windshield

The patent shows that Ford may be going after Tesla’s turf for in-car features.
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Power Corridor
What’s Afoot At the FDIC?

It’s not every day that you wake up to headlines about one of the nation’s most staid-and-storied institutions – really, the cornerstone upon which…
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Investing in the Gateway Cities to the American Dream
Demand destruction is a fallacy. Demand hasn’t evaporated, it has simply transformed.
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Power Corridor
Biden-Xi: An Elaborately Choreographed Thaw

With so much amiss between the U.S. and China (the pandemic, the “balloon incident,” China’s opposing views on the Ukraine-Russia and Israel-Gaza…
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Power Corridor
House’s Two-Step Shuffle

Alabama Republican Rep. Mike Johnson, in the first big test of his leadership as House Speaker, led the charge to push through an extremely unique two-step…
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Policy & Power
The Cost of Climate Change Is Adding Up

The annual US National Climate Assessment included an economic impact assessment for the first time, and it’s not pretty.
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Investing in the Gateway Cities to the American Dream
Demand destruction is a fallacy. Demand hasn’t evaporated, it has simply transformed.
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Technology
The Former ‘Russian Google’ Wants Out of Russia
(Photo by Michael Parulava on Unsplash)

Yandex, once Russia’s largest tech company, is looking to sell all of its Russian assets, Reuters and Bloomberg reported on Monday.
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Economics
Small Businesses Stall Amid Higher-for-Longer Interest Rates

In a Goldman Sachs survey of more than 1,200 small businesses, 53% said they can’t afford to take out loans at their current rates.
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Regulation
UK Follows EU’s Lead With Its Own Carbon-Tax Plan

The UK plans to press ahead with a carbon border adjustment mechanism, or levies on goods from countries with weaker climate regulations.
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Investing in the Gateway Cities to the American Dream
Demand destruction is a fallacy. Demand hasn’t evaporated, it has simply transformed.
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Energy
Exxon Plans Expansion Into Lithium Production
(Photo by Justin on Unsplash)

Exxon announced plans to enter the lithium production game in 2027, effectively elbowing its way into the electric vehicle supply chain.
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Artificial Intelligence
AI Bots Struggle to Transition from Novelty to Money-Maker

Sam Altman thinks big and spends big. But when it comes to a product that makes money, the whole AI thing can feel a little Metaverse-y…
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Industries
The Brain Tech Business Keeps Getting Buzzier

The neural interface market is full of startups vying to put technology into the human brain, but which will actually make brains a business?
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Investing in the Gateway Cities to the American Dream
Demand destruction is a fallacy. Demand hasn’t evaporated, it has simply transformed.
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Patent Drop
JPMorgan Chase Fuels AI Ambitions With New Patent

JPMorgan Chase wants to be the finance industry’s AI frontrunner, filing patent after patent to secure its AI tech portfolio.
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Banking
Banking’s Fantastic Four Grab a Bigger Share of Industry Profits

Of the roughly 4,400 operating banks in the US, nearly half of all banking profits in the third quarter came from just four.
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Patent Drop
Adobe May Add Face Swapping Tools to its AI Arsenal

The company’s latest patent could have implications for training image generating AI without the copyright issues.
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Investing in the Gateway Cities to the American Dream
Demand destruction is a fallacy. Demand hasn’t evaporated, it has simply transformed.
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Patent Drop
Microsoft’s Automatic Data Center Patent Could Take on AWS

Microsoft’s patent to sublet data centers close to the source could surpass the physical barriers that cloud innovation faces.
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Blockchain
Former FTX Execs Hope You Forget Their Old Employer
(Photo Credit: Traxer/Unsplash)

A group of former FTX employees, who were key witnesses in Sam Bankman-Fried’s fraud trial, are planning to launch a new crypto exchange.
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Inflation & Prices
Low-Wage Workers Are Losing Their Leverage

Thanks to high demand for low-paying jobs in recent years, workers had plenty of leverage for bigger salaries and better perks.
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Investing in the Gateway Cities to the American Dream
Demand destruction is a fallacy. Demand hasn’t evaporated, it has simply transformed.
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Big Tech
Tech Giants Win Regulatory Case in EU, But Tax Clouds Loom

Meta, Google, and TikTok successfully argued that individual European countries can’t cook up their own laws for large digital platforms.
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Media & Entertainment
AMC Swung to a Profit, Still Needs More Cash

AMC, the world’s largest movie theater chain, said Thursday that it filed to offer up to $350 million of stock.
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International Economics
Japan’s Central Bank Has an Unusual Foe: Inflation
(Photo by Jezael Melgoza on Unsplash)

After decades of trying — and failing — to stoke inflation, Japan has finally been gifted steadily rising prices.
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Sponsored Upside By
RealtyMogul
Investing in the Gateway Cities to the American Dream
Demand destruction is a fallacy. Demand hasn’t evaporated, it has simply transformed.