Jeep, a brand under Stellantis, is aiming to significantly increase U.S. sales of its plug-in hybrid electric vehicles (PHEVs) this year by 40% to 50%. This move comes as a strategic approach to bridge the gap between their traditional gas-guzzling SUVs and the upcoming era of all-electric vehicles. The projected target of selling 160,000 to
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Moderna and Merck have recently revealed positive three-year data on their experimental vaccine, which was administered to patients suffering from the most deadly form of skin cancer in combination with the therapy Keytruda. The vaccine, in conjunction with Merck’s Keytruda, has proven to enhance survival rates and demonstrate long-lasting efficacy in a midstage study involving
Monzo, the British digital challenger bank, has reached a significant milestone by reporting its first full year of profitability. The fintech startup revealed in its annual financial results that it achieved pre-tax profits amounting to £15.4 million ($19.6 million) in the 2023-2024 fiscal year. This marks a remarkable turnaround from the previous year, where Monzo
Dutch digital bank Bunq has set its sights on obtaining a banking license from U.K. financial regulators, a move that could open up new opportunities for the company. CEO and founder Ali Niknam expressed optimism about the potential for success, citing the firm’s track record and growth in the European market. However, the road ahead
North Dakota Governor Doug Burgum, who has been rumored to be a potential pick as former President Donald Trump’s running mate, is facing backlash amidst claims that Trump promised oil executives a reduction in regulations in exchange for financial support for his re-election campaign. The Washington Post reported that Trump allegedly made these remarks during
Social media platforms have become a hub for financial information, with TikTok leading the way in providing tips and advice. Generation Z, also known as Gen Zers, are flocking to #FinTok for guidance on managing their finances. This demographic prefers seeking information online rather than from professional advisors, making them more likely to engage with
One of the top dividend-paying stocks recommended by Wall Street analysts is tech giant IBM. Despite announcing mixed first-quarter results, IBM is considered a strong pick for investors looking for stable income. The company exceeded earnings expectations, while revenue fell short due to macroeconomic uncertainties. IBM recently acquired cloud software maker HashiCorp for $6.4 billion
Early in their careers, many individuals find themselves in a situation where they realize they are being underpaid. One such example is Kelly Harry, who worked in ad sales in New York City. She was shocked to discover that her coworker, who held a similar position, was making significantly more than her. This revelation led
Jan van Eck, CEO of VanEck, believes that the recent approval of a rule change by the U.S. Securities and Exchange Commission for Ethereum exchange-traded funds indicates a significant sentiment shift in the cryptocurrency market. According to van Eck, this development is one of the most remarkable things he has witnessed in his career in
The influx of tourists in Italy’s famous lakeside resorts has become a headache for boat drivers, who struggle to navigate the crowded waterways. Services that rely on tourism, such as boat tours for famous views and attractions in places like Lake Como, are facing challenges due to the overwhelming number of visitors. The impact is
