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Ferrari CEO Benedetto Vigna recently announced the luxury carmaker’s ambitious plans to introduce its first fully electric vehicle by the final quarter of 2025. This move marks a significant shift for the Italian company, known for its iconic combustion engines that have delivered an unmatched roar on the roads. The decision to venture into the
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Legendary filmmaker George Lucas has thrown his weight behind Walt Disney CEO Bob Iger in the ongoing proxy battle with activist investor Nelson Peltz. Lucas, known for creating iconic franchises like “Star Wars” and “Indiana Jones,” is the largest individual shareholder in Disney after receiving 37.1 million Disney shares as part of the Lucasfilm acquisition
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A recent study has revealed that while inflation has increased by 10 times over the past 60 years, home prices have skyrocketed by 24 times. This means that if home prices had followed the rate of inflation since 1963, the median price of a typical house in the U.S. would be around $177,511. However, the
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Bentley Motors, a renowned British luxury carmaker, has decided to delay its plans to offer exclusively all-electric vehicles by the end of the decade. The company’s CEO, Adrian Hallmark, attributes this shift to changing market conditions and a setback in the development of its first electric vehicle (EV). Despite this delay, Bentley remains committed to