Business

Blockchain.com CEO Warns of Incoming Crypto Destruction That Will Lead to a Stronger Industry

Peter Smith, CEO of leading cryptocurrency exchange and wallet provider Blockchain.com, has warned more cryptocurrency destruction is coming in the short-term but believes that in the long run, this type of destruction will lead to a stronger industry. Cryptocurrency prices have recently experienced heightened volatility after the collapse of the Terra ecosystem, which saw LUNA …

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Bid Admin Announces $ 3.5 Billion To Remove Carbon Dioxide

The federal government is banking big on the idea of ​​a climate change “undo” button. On Thursday, the US Department of Energy declared its official intent to fund $ 3.5 billion in carbon dioxide removal via direct air capture. This announcement signals the Biden administration’s aim to pour billions of dollars into developing, building, and …

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Utah unemployment dips below 2% for 1st time as labor becomes ‘precious commodity’

The Department of Workforce Services in Taylorsville is pictured on April 15, 2021. Utah’s unemployment rate hit a record low of 1.9% in April, according to a report issued Friday. (Kristin Murphy, Deseret News) Estimated read time: 3-4 minutes SALT LAKE CITY – Utah labor officials reported Friday that the state’s seasonally adjusted unemployment rate …

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Flight attendant union president slams Musk over sexual misconduct allegations

The Association of Flight Attendants Union President Sara Nelson slammed Elon Musk on Friday over allegations that he sexually proposed a SpaceX flight attendant. According to a report published by Insider Thursday, Musk was accused of exposing himself to one of his SpaceX employees and asking her for sex. Later Thursday, the Tesla CEO denied …

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Tesla Driver Who Crashed on Autopilot Will Stand Felony Trial

Photo: Justin Sullivan (Getty Images) A judge in California has ruled that the driver of a Tesla Model S on Autopilot involved in the deaths of two motorists must stand trail for manslaughter. This is the first felony prosecution in the US against a driver using a partially-automated system, according to the Associated Press. It’s …

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Elon Musk tweets that he’ll give ex-YouTube CEO a horse if he touches his wiener

Elon Musk made light of the sexual misconduct allegations leveled against him, joking that the affair should be dubbed ‘Elongate’ before soliciting the co-founder of YouTube to touch his ‘wiener’. Musk has denied the claims in a Business Insider article, which alleged that he exposed himself to a private flight attendant during a massage, rubbed …

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Mercedes Unveils the Stunning All-Electric Vision AMG Concept – Robb Report

Mercedes-AMG is preparing to say goodbye to the internal combustion engine once and for all, and what will arrive in its place is nothing if not striking. The German luxury marque used its Capital Markets Day investors summit at the Maybourne Riviera hotel above Monte Carlo to debut something big on Thursday evening — the …

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Mercedes-Benz crashes record for most expensive car sold at $ 142M

These wheels of fortune are turning in Mercedes-Benz’s favor. The German automotive brand confirmed that it has sold a luxury car for a mind-boggling $ 142 million (135 million EUR), shattering the previous record for the most expensive vehicle ever sold. “We [wanted], with one single act, to demonstrate the power of the Mercedes brand, …

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