General Motors Admits Defeat in China Market Amid Slumping Sales

General Motors (GM) has announced a significant restructuring plan for its struggling China business, marking a significant departure from its once-thriving market presence. The automaker’s sales in China peaked in 2017 at 4 million vehicles but have since dropped by almost half, resulting in three consecutive quarters of losses. The decline is attributed to China’s … Read more

Patriots Suffer 30-17 Loss to Cardinals

The New England Patriots suffered a disappointing 30-17 loss to the Arizona Cardinals at State Farm Stadium on Sunday afternoon. The defeat drops the Patriots’ record to 3-11, while the Cardinals improved to 7-7 after snapping a three-game losing streak. Key Takeaways: * Lackluster performance from Jerod Mayo’s team The Patriots struggled in their first … Read more

FDA Approves Checkpoint Therapeutics’ Cosibelimab for Advanced Skin Cancer

The US Food and Drug Administration (FDA) has approved cosibelimab, an anti-PD-L1 antibody developed by Checkpoint Therapeutics, for the treatment of advanced skin cancer. This approval marks a significant milestone in the company’s efforts to develop innovative immunotherapies for cancer patients. Source: https://endpts.com/checkpoint-wins-fda-approval-of-checkpoint-inhibitor-in-advanced-skin-cancer-seeks-partner-for-launch

NVIDIA App Doesn’t Cripple PC Gaming Performance by 20FPS

A recent claim suggested that uninstalling the NVIDIA App could lead to significant performance gains, up to 20 frames per second (FPS), in PC gaming. However, a test conducted on an AMD Ryzen 9 7950X3D and NVIDIA GeForce RTX 4090 revealed a more modest performance hit of around 4-6%. This discrepancy highlights the importance of … Read more

Stocks in the Red: Ford Falls 2.1% Amid Downgrade; Honeywell Gains 3%

Major US companies saw significant price movements before the market opened on Monday. Ford Motor fell 2.1% after Jefferies downgraded its shares to “underperform” from “hold”, citing concerns over inventory levels and valuation. In contrast, Honeywell’s shares rose 3% as the company announced that its board is exploring the possibility of separating its aerospace division. … Read more

Ukraine Claims Credit for Moscow Bombing Death of Russian General

A Ukrainian operative has confirmed that the Security Service (SBU) was responsible for the assassination of Lieutenant General Igor Kirillov, head of Russia’s radiological, chemical and biological defense forces. The killing occurred in a bomb explosion in Moscow early Tuesday. Kirillov and his assistant were targeted by the SBU, according to the source. However, the … Read more

North Korea’s Alliance With Russia Brings Cash and Diplomatic Leverage

North Korean leader Kim Jong-un has taken a bold diplomatic gamble by supplying troops and stockpiles of weapons to Russia to support its war against Ukraine. The deployment provides timely foreign aid for Russia’s war efforts, with North Korean troops fighting alongside Russian forces in the Kursk region. The arrangement brings numerous benefits for North … Read more

Mortgage Rates Plummet 0.06% Across the Board

Mortgage rates have declined significantly across the board, according to recent data from Bankrate. The current average rate for a 30-year fixed mortgage is 6.73%, a decrease of 6 basis points from last week. The decline in mortgage rates has been attributed to several factors, including inflation, geopolitical developments, and expectations of an impending Federal … Read more

Return-to-Office Policy Linked to Lease Status, Survey Finds

A recent survey by Resume.org has found a significant link between an employer’s return-to-office (RTO) policy and their lease status. The study surveyed 900 respondents from companies that have implemented RTO policies following a remote work period. The results show that two-thirds of the surveyed companies currently lease office space, with nearly half of these … Read more