The Latest Breaking News from Wikimedia Commons

Volkswagen AG (OTC:VWAGY) looked to postpone the launch of its ID.5 electric car by a month, Reuters reports. Volkswagen's Zwickau plant produced the ID.5. Supply bottlenecks caused by the Ukraine war led to a production halt and were due to resume next week. Volkswagen now aimed to release it in the first…

BP plc (NYSE:BP) has announced a £1 billion investment for the U.K. electric vehicle (EV) charging infrastructure over ten (10) years. The investment, which will see a tripling of charging points by 2030, was unveiled during an official visit by Transport Secretary Grant Shapps to BP pulse's UK headquarters in Milton Keynes. It…

Nickel volumes surged as prices traded within the London Metal Exchange’s daily limits for the first time since reopening last week, Bloomberg reported. Prices climbed to a high of $29,700 a ton and remained within a 15% intraday limit set by the bourse. Nickel prices jumped 250% in early March touching a…

Canadian Pacific Railway Ltd (NYSE:CP) and union Teamsters Canada Rail Conference (TCRC) have arrived at an arbitration agreement, paving the way to resume operations. The company's trains were halted on Sunday after a dispute between the company and its workers over contract negotiations. The impasse threatened to amplify the already elongated supply chain snarls.…

Volkswagen AG (OTC:VWAGY) owned luxury sports car maker Porsche AG has set forth an upbeat target for its electric vehicles, Reuters reported. Porsche said it expects more than 80% of newly sold Porsche vehicles to be fully electric in 2030. In an annual press conference, its chief finance officer said Porsche had set 15%…

Alibaba Group Holding Ltd (NYSE:BABA) and Tencent Holdings Ltd (OTC:TCEHY) employees saw a job cut of 30%, the Print reports as per speculation on Weibo Corp (NASDAQ:WB). Internal speculation among employees was that Alibaba looked to lay off 30% of its employees while Tencent between 10% - 30% of its employees. Tencent started layoffs within small business…

Privacy watchdog Irish Data Protection Commission penalized Meta Platforms Inc (NASDAQ:FB) €17 million ($19 million) for failing to prevent a series of data breaches on its Facebook platform in 2018, Bloomberg reports. The breach affected up to 50 million accounts.  "This fine is about record-keeping practices from 2018 that we have since updated,…

Goldman Sachs Group Inc (NYSE:GS) analysts downgraded forecasts for U.S. economic growth for this year, reckoning that spikes in oil and other commodities since Russia's invasion of Ukraine will hurt spending, reported Reuters. The investment bank cut its annualized growth forecast to 2.9% against a previous expectation of 3.1%.  It expects fourth-quarter…

El Pollo LoCo Holdings Inc (NASDAQ:LOCO) reported a fourth-quarter revenue decline of 1.3% year-over-year to $108.96 million, beating the consensus of $108.58 million. Franchise revenue in the quarter increased by 12.6% Y/Y to $15.3 million. System-wide comparable restaurant sales increased 11%.   Adjusted EPS improved to $0.17 from $0.16, beating the consensus of $0.12.…

A new peer-reviewed study compared the effects of LSD and psilocybin, two substances currently standing as top molecules behind the recent psychedelic medicine boom. While both compounds have a rich history of human use, not much research has been dedicated to contrasting the effects they produce in human psychology. The…

In 2015, the movie ​​Concussion, starring Will Smith and Alec Baldwin, told the true story of a doctor and his fight against the National Football League to suppress his research on chronic traumatic encephalopathy CTE), a degenerative brain condition suffered by professional football players, as well as other athletes and as victims of…