Good morning! It’s Thursday, October 31, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Ford Has Built 150,000 Mustang Mach-Es Already 1st Gear: F-150 Lightning Plant To Idle In Mid-November We’re starting … Read more
Arm Holdings approached Intel Corp about potentially buying the ailing chip maker’s product division, only to be told that the business is not for sale, according to a person with direct knowledge of the matter. In the high-level inquiry, Arm did not express interest in Intel’s manufacturing operations, said the person, who asked not to … Read more
Selena Gomez is one of the world’s youngest billionaires as the 32-year-old former Disney Channel pop star and actress has cashed in her highly successful beauty and cosmetics brand. Gomez recently cracked the Bloomberg Billionaires Index, which values her net worth at $1.3 billion, according to Bloomberg News. The bulk of Gomez’s wealth is derived … Read more
Musk got Zucker punched. Mark Zuckerberg slid into third place on the Bloomberg Billionaires Index on Friday — surpassing his rival, Elon Musk, for the first time in four years. Zuckerberg, 39, added $58.9 billion to his net worth this year as Meta Platform Inc. soared to new heights, Bloomberg reported. The 52-year-old Musk, on … Read more
IIM Rohtak concluded the placement season for the 13th batch of its flagship 2-year Post Graduate Programme (PGP) recently. IIM Rohtak concludes placement season for 13th PGP batch. The institute forged alliances with more than 200 companies this year, including 70+ new recruiters. According to the press release, the institute forged alliances with more than … Read more
An airline company is offering the private jet experience at business-class prices — and it’s earning them plenty of industry enemies. JSX, a Dallas-based carrier, is exploiting a loophole in US Federal Aviation Administration regulations that would allow the company to sell single-seat tickets for scheduled charter planes for affordable prices and much quicker security … Read more
This moderate increase has confirmed the central bank’s prediction that struggling consumers may continue to get relief with food prices. According to Bloomberg’s Shisa Nyama Index, the average price increase for a shisa nyama/ backyard braai (barbecue) was 6.2% compared to the same month last year. This is the same as December but much lower … Read more
Apple Working On Own EV, Launch Reportedly Delayed To 2028. Apple plans to launch its electric vehicle in 2028, after scrapping plans to develop a fully self-driving car. Project Titan, Apple’s highly anticipated electric vehicle (EV) initiative, is once again in the news. The company’s initial goal for the project, which started in 2015, was … Read more
Françoise Bettencourt Meyers was already the richest woman in the world, but on Thursday, she hit a new milestone—the first female to accumulate a staggering fortune of over $100 billion ($100.2 billion, to be exact), according to the Bloomberg Billionaires Index. Bettencourt Meyers, the granddaughter of L’Oreal founder Eugène Schueller, is the vice-chair of L’Oréal’s … Read more
Not many California downtowns feature an idle F-4 Phantom supersonic jet tilted on a cement perch, but that’s exactly how the east end of main street in Lancaster begins. The jet is in Boeing Plaza, at the mouth of a central boulevard in the Southern California city. From there, the road diverts into two slow … Read more
