Chinese carmaker BYD has unveiled its new “Super e-Platform,” a revolutionary electronic base for its vehicles that enables fast charging and could soon revolutionize the electric vehicle (EV) industry. The platform, which can charge vehicles to add up to 249 miles of range in just five minutes, uses a 1,000-volt architecture and advanced matching charging … Read more
A team of astronomers has discovered a family of four planets orbiting the nearest single star to the Sun, Barnard’s star. Located about six light-years from Earth, this red dwarf star hosts the planets, which are estimated to be two to three times the mass of Mars. The discovery was published in the March 20 … Read more
Optum Rx, a pharmacy benefit manager of UnitedHealth Group, is dropping annual reauthorization requirements for 80 drugs, eliminating more than 10% of overall pharmacy prior authorizations. The move aims to simplify the process for doctors, pharmacists, and patients. According to Patrick Conway, CEO of Optum Rx, these medications are no longer clinically necessary to review … Read more
Teen Vogue columnist Vivian Jenna Wilson has expressed her commitment to supporting the trans community, following criticism from former US President Donald Trump. Meanwhile, Commerce Secretary Howard Lutnick’s efforts to promote Elon Musk on Fox News backfired amid national protests. In a separate development, tech industry analyst Dan Ives has warned that Tesla’s brand is … Read more
A global issue with Microsoft’s cloud-based subscription service, Microsoft 365, affected thousands of users across the US on Tuesday. The problem primarily involved Outlook and Teams apps, causing frustration among users. According to Downdetector, a site that monitors online outages, issues started around 1pm ET and were resolved about three hours later. The outage impacted … Read more
Germany’s parliament has approved a massive spending surge of €500 billion, marking a significant shift away from fiscal conservatism and towards reviving the country’s economy. The plan includes a fund for infrastructure development and easing strict borrowing rules to allow higher spending on defense. Conservative leader Friedrich Merz secured a two-thirds majority in favor of … Read more
QXO has pushed its deadline for Beacon Roofing Supply Inc. shareholders to tender their shares until Wednesday, following the announcement of friendly takeover discussions earlier this month. The extension comes as talks between QXO and Beacon continue, with no official word on a potential deal yet. Source: https://www.law360.com/real-estate-authority/residential/articles/2312163/qxo-pushes-deadline-as-beacon-takeover-talks-press-on
A rare solar eclipse will take place on Saturday, March 29, with eastern Canada, northeastern U.S., Europe, and Africa in its path. The event will feature a deep partial eclipse, with Canada seeing up to 94% of the sun blocked by the moon at its peak, while the U.S. will experience up to 85%. The … Read more
A new ‘China Shock’ is sweeping the globe, leaving thousands of jobless in its wake. The economic impact is being felt as far away as Indonesia and Mexico, where Chinese exports are diverting even more goods from US markets. In Indonesia, once-thriving garment factories have been left abandoned due to cheap imports from China. Hariyanto, … Read more
Citigroup Inc.’s attempt to connect wealthy clients with emerging private equity firms has ended in disappointment. Launched over a decade ago, the initiative was meant to capitalize on the money flowing from high-net-worth individuals to private equity companies. However, the experiment failed to deliver results, leaving billionaires feeling let down. The venture is now mired … Read more