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It's the L-87 that keeps failing despite earlier attempts to remedy. https://www.lehtoslaw.com
Throughout history, people have been fascinated by automation, technological progress, and how it can change our lives.In 1956, General Motors made a film about the distant future of 1976, when cars would drive themselves with the help of traffic-control towers. In 1993, AT&T envisioned what sounds a lot like today's smart home and smart watch technology.Much of what the companies behind these advertisements promised has come true. The idea, running through all of it, was that technology will set you free. It will connect you. It will give you power over your own life. It will make things better.We sit down to talk with historian Jill Lepore about whether or not that's true.Find more of our programs online. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy
Mike Lomas and Glenn Wiggle open with a look at market stability and the quiet that has followed cuts to organizations they argue were funding street unrest, including commentary on fraud charges tied to Black Lives Matter leadership. The conversation turns to research integrity, with Glenn walking through recent guilty pleas from a vaccine researcher and a former senior advisor to Dr. Fauci, and the hosts arguing that funding structures create incentives to shape findings in both public health and climate science. They discuss the New York Times finally acknowledging the lab leak theory, and press the case for accountability over pandemic school closures and business shutdowns. From there, the hosts critique what they describe as misplaced public sympathy for criminal defendants, citing a viral video and a Texas sentencing case. The back half centers on trade, with clips from Prime Minister Mark Carney's White House meeting prompting a debate over reciprocal tariffs, the shift from NAFTA to USMCA, and the decline of private sector unions. Mike shares a client story about a Lockport manufacturer that grew from ten employees to a hundred after General Motors moved sourcing stateside. The episode closes with Trump's remarks on South Korean defense payments, Treasury action against Iranian money laundering, concerns about federal spending and the national debt, and a lighter Rochester-area story about a children's lemonade stand run by local teachers.00:00:00 Quiet Markets and the Money Behind the Riots00:02:50 Research Fraud and Conflicts of Interest in Science00:04:48 Fauci, COVID Accountability, and Guilty Pleas00:07:53 Lab Leak Origins and the New York Times Op-Ed00:10:33 Misplaced Sympathy, Social Media, and Soft Sentencing00:19:44 Canada Tariffs and the Carney White House Meeting00:23:34 From NAFTA to USMCA and the Decline of Private Unions00:29:04 How Tariffs Grew a Lockport Manufacturer00:33:41 South Korea Defense Payments and Iranian Money Laundering00:42:07 A Rochester Lemonade Stand and a Misspelled Sign
Today on CarEdge Live, Ray and Zach discuss the latest new from General Motors. Tune in to learn more! Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
In der heutigen Folge sprechen die Finanzjournalisten Daniel Eckert und Lea Oetjen über die steigenden Nvidia-Preise, den ökonomischen D-Day und den Milliarden-Coup von Alibaba. Außerdem geht es um Seagate Technology, Sandisk, Micron Technology, Western Digital, Rocket Lab, Ford, General Motors, J.B. Hunt Transport, Cleveland-Cliffs, Nucor, Steel Dynamics, Century Aluminum, Infineon, SUSS MicroTec, Wacker Chemie, thyssenkrupp, SoftBank, KKR, Live Nation Entertainment, CTS Eventim, Robinhood Markets, Interactive Brokers. Am 2. Oktober findet unser „Alles auf Aktien“-Summit in Berlin statt. Mit dem Code „AAAFRIENDS“ sparst du 50 Prozent auf dein Ticket – aber nur unter folgendem Link: https://veranstaltung.businessinsider.de/event/financesummit26/summary?rp=c6dc55d6-6f4f-4fb4-b75f-3f3501d84859 Wir freuen uns an Feedback über aaa@welt.de. Noch mehr "Alles auf Aktien" findet Ihr bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Hier könnt ihr den AAA-Newsletter abonnieren: https://www.welt.de/newsletter/article232797673/Alles-auf-Aktien-Der-taegliche-Boersen-Newsletter-fuer-WELTplus-Abonnenten.html Und – ganz neu: AAA gibt es jetzt auch auf Instagram: https://www.instagram.com/alles_auf_aktien/ Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Anzeige: Eight Sleep: Der Pod 5 reguliert die Temperatur im Bett automatisch, trackt Schlaf- und Gesundheitswerte ohne Wearable und kann so zu besserem Schlaf beitragen. Mit dem Code ALLESAUFAKTIEN erhaltet ihr auf https://www.eightsleep.com/allesaufaktien bis zu 350 Euro Rabatt. Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html
P.M. Edition for Aug. 21. “Ghost jobs”—posted roles that companies have no real intention of filling—are a big source of frustration for job seekers. Now, as Journal reporter Lauren Weber discusses, lawmakers in a few states are proposing bills to reel companies in. Plus, bitcoin just had its best week in two years. Vicky Ge Huang, who covers cryptocurrencies, explains what's behind the surge. And President Trump is boosting U.S. beef imports in an effort to lower prices–but the cattle industry is pushing back. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Many hardworking professionals are doing “all the right things” financially, earning a solid income, contributing to their 401(k), and saving consistently yet still feel like true financial freedom is out of reach. Today's guest, John Casmon of Casmon Capital, shows busy corporate professionals how to change that trajectory by investing in multifamily apartments in a way that builds wealth and cash flow without turning them into stressed-out, hands-on landlords. In this episode of Marketer of the Day, John pulls back the curtain on how apartment investing really works and why treating real estate like a business, not a lottery ticket, is the key to long-term wealth. Drawing from his experience watching his parents struggle with job insecurity, seeing General Motors go bankrupt from the inside, and navigating his own painful flip gone wrong, John explains why relying on a “good job” or a 401(k) is no longer enough, and what to do instead. We dig into passive investing and syndications, where everyday professionals can own shares of large apartment communities without dealing with tenants, toilets, contractors, or 2 a.m. emergencies. John explains the role of the general partners, how syndications are structured, and why passive investors can truly “write the check and step back” while still receiving updates, distributions, and the benefits of real estate ownership. John also shares his powerful 3C Framework for raising capital and building trust; Confidence, Credibility, and Connections, and how these principles apply whether you're investing, leading, or building a brand. You'll hear how he leverages his background in advertising and marketing, his experience managing $100M campaigns, and his ability to build relationships to attract investors and operate properties like real businesses. We don't just talk about the upside, either. John walks through the exact risks every investor should understand, including cash flow challenges, fraud, and uncontrollable events like rising costs or natural disasters. He explains why you must ask, “How can I lose money in this deal?” and breaks down critical safeguards such as reserves, underwriting discipline, and the difference between replacement cost vs. replacement value insurance, details that can make or break your returns. Throughout the conversation, John reinforces a key mindset shift: investing is a long-term game, not a single “win or lose” deal. He shares how viewing investing like a game, where bad turns happen, but you stay focused on the end goal (retirement, freedom, college funds, a beach house) can keep you from quitting after one bad experience and instead help you build durable wealth over time. https://youtu.be/fC8Xvedg7Z0?si=K1isNPrQ6zQVWESy If you're a high-earning professional who wants passive income, diversification, and a path to financial freedom, but you don't want a second job swinging hammers or chasing tenants, this episode is a must-listen. John's frameworks, stories, and practical questions will help you evaluate apartment deals, vet operators, and take your next step with clarity and confidence. Quotes: “If you're going to raise capital for deals, you've got to follow the 3 Cs: confidence, credibility, and connections.” “With real estate, you're buying a business that happens to provide housing, but you have to run it like a business.” “Real estate is a great tool. That doesn't mean one strategy is right for you… You have to find the strategy that works for you.” Contact Details: Ready to Build Wealth Through Multifamily Real Estate? Discover Casmon Capital Invest Smarter. Avoid Costly Mistakes. Get the 7 Questions Guide → Get the Free Guide Follow J. Casmon on Instagram for Multifamily Investing Tips & Wealth-Building Strategies Connect with John Casmon on LinkedIn for Multifamily Investing Insights & Strategies Join John Casmon's Investor Community & Grow Your Real Estate Knowledge
Communication is key to GM Financial's continued success under new leadership, according to retiring GM Financial President of North America Operations Kyle Birch. "There'll always be challenges for lenders and dealers, even in the best of times," he told Auto Finance News. "We talk a lot about sales, funding, credit performance, customer satisfaction, profitability — the list goes on. But if we're not talking about that with our dealer customers [or] in the lending industry, then we're not helping our dealers sell more cars.” Birch's tenure with GM Financial spans nearly 16 years, He has been president since February 2018 and before that chief operating officer and executive vice president of GM Financial North America. He also was with the captive's legacy company, AmeriCredit Financial Services, for 13 years. Jonas Hollandsworth, executive vice president and COO of North America, will succeed Birch in September. "He knows what to do and how to do it well, especially with our dealer customers," Birch said of Hollandsworth. "He'll dive deeper on the consumer side of our business and spend more time growing and learning about our Canadian business." In this podcast, Auto Finance News editor Amanda Harris and GM Financial's Kyle Birch talk about his tenure at the captive and preparing the next generation to lead.
Thaddeus Ladd has spent seventeen years at HRL as the theoretical anchor of its silicon spin qubit program — co-authoring the 2023 Nature paper that demonstrated universal logic with encoded spin qubits, and contributing to the 2026 QPU paper that integrated qubits, a cryo-CMOS controller, and a new superconducting ribbon cable into a single digitally controlled system. He is not a commentator on this acquisition; he is one of the people whose work made it happen.The conversation is recorded eleven days after IBM announced a definitive agreement to acquire HRL from Boeing and General Motors — a deal that has not yet closed. That timing makes this one of the few technically grounded, insider-adjacent conversations available about what IBM is actually buying, why the exchange-only spin qubit architecture is strategically distinctive, and what the combination of HRL's research culture with IBM's fabrication ambitions could produce. Listeners who follow quantum hardware, quantum computing strategy, or the evolution of industrial research labs will find this episode unusually substantive.What We Get IntoWhy the 2026 QPU paper is a systems story, not just a fidelity story — the qubit chip, the cryo-CMOS controller operating at four Kelvin, and the new superconducting ribbon cable are all part of one integrated QPU, and that framing is central to understanding what IBM acquired.What "exchange-only" actually means — why using only voltage-controlled exchange interactions (no microwaves, no local oscillators, no phase tracking during idle) is both a technical constraint and a significant engineering advantage for scaling.Why the jump from six dots to fifty-four dots happened so fast — and what was happening in HRL's fabrication program that wasn't being published.What EUV lithography has to do with spin qubit scaling — and why the connection between HRL's process and IBM's Anderon 300 mm quantum foundry is one of the clearest pieces of strategic logic in the acquisition announcement.How HRL's cryo-CMOS work could benefit IBM's superconducting program — and why the control-and-interconnect bottleneck is a shared problem across modalities, not a spin-qubit-specific one.The "chandelier" reframe — Thaddeus's argument that the cables, filters, and control electronics surrounding a superconducting qubit chip are not overhead; they are part of the QPU, and understanding that changes how you read the HRL acquisition.Which modality Thaddeus thinks will reach commercially useful scale first — and why he still believes spin qubits are the long-term answer, using an analogy to vacuum tubes and silicon microprocessors that is worth hearing in full.What the acquisition means for HRL as an institution — the context of lost program funding, the December 2025 Q2B meeting, and what it means for a defense-oriented industrial research lab to find a commercial path through IBM.Resources & LinksGuestThaddeus D. Ladd — Personal Website & Publications — Self-curated, annotated bibliography; the best single source for his research arc across spin qubits and quantum communication.Thaddeus Ladd — Hertz Foundation Profile — Biographical overview of his career and role at HRL.Thaddeus D. Ladd — Google Scholar — Full citation record.Papers & ArticlesA Digitally Controlled Silicon Quantum Processing Unit — arXiv (April 2026) — The QPU paper discussed at length in this episode: 54-dot device, cryo-CMOS controller at 4 K, superconducting ribbon cable, and error correction experiments — all working as one integrated system.Universal Logic with Encoded Spin Qubits in Silicon — Nature (2023) — The landmark result demonstrating universal logic with exchange-only encoded qubits; Ladd was co-author and lead theorist.Two-Dimensional Si Spin Qubit Arrays with Multilevel Interconnects — PRX Quantum (2025) — Scalable 2D spin-qubit arrays achieving greater than 99.9% single-qubit gate fidelity; the step between the 2023 and 2026 results.Silicon Encoded Spin Qubits Achieve Universality — HRL (2023) — HRL's public announcement of the Nature result; accessible summary for non-specialists.Semiconductor Spin Qubits: The Certainty of Progress — HRL (December 2025) — HRL's public framing of the platform's trajectory, published shortly before the Q2B meeting where Sebastian and Thaddeus first met.Acquisition & IBM StrategyIBM to Acquire HRL Laboratories — IBM Newsroom (July 23, 2026) — The definitive transaction announcement; names the full scope of what IBM says it is acquiring.IBM to Acquire HRL Laboratories — HRL Laboratories (July 23, 2026) — HRL's concise confirmation of the deal and the beginning of regulatory review.What Are Spin Qubits? — IBM Quantum (July 23, 2026) — IBM's technical explanation of HRL's Si/SiGe exchange-only qubits and the shared silicon fabrication argument.A Brief History of HRL Laboratories — IBM Research (July 23, 2026) — IBM's institutional framing of HRL, including its history with the laser, self-aligned-gate MOS fabrication, and the 2026 spin-qubit QPU.IBM and U.S. Department of Commerce Announce Anderon Quantum Foundry (May 21, 2026) — The 300 mm quantum foundry announcement that Thaddeus identifies as one of the clearest pieces of strategic logic behind the HRL acquisition.IBM Commits More Than $10 Billion to Quantum Computing (June 2, 2026) — Capital context for the acquisition: R&D, manufacturing scale-up, M&A, and ecosystem investment over five years.Tools & PlatformsspinQICK — GitHub — HRL's open-source FPGA-based spin-qubit control toolkit; a concrete artifact of HRL's approach to open tooling.HRL Launches Open-Source spinQICK — HRL (July 2025) — Announcement and context for the spinQICK release.HRL Quantum — Collection of HRL quantum research, talks, and news.Organizations
Para tranquilidad de los más puristas, no vamos a hablar de silenciosos coches eléctricos ni de eficientes y pesadas baterías. Quizás el AC Cobra sea el mejor "híbrido" que jamás haya visto la industria del automóvil. Fue una de las ideas más magistrales, salvajes y revolucionarias de todos los tiempos. Este mítico vehículo es el resultado de la brillante visión de Carroll Shelby, quien decidió cruzar la agilidad y ligereza extrema de un delicado chasis británico con la fuerza bruta y el empuje de un motor V8 norteamericano, reuniendo lo mejor de dos mundos diametralmente opuestos en un solo coche de ensueño. El cerebro detrás de este imponente deportivo pertenecía a uno de los hombres más astutos, irreverentes y testarudos de la historia del automovilismo: Carroll Hall Shelby. Nacido en 1923 en Leesburg, una pequeña y polvorienta localidad del estado de Texas, Shelby estaba muy lejos del clásico estereotipo de ingeniero de guante blanco o de aristócrata europeo que competía apoyado en una gran fortuna. Era un humilde criador de pollos que se arruinó de la noche a la mañana cuando una feroz epidemia de la enfermedad de Newcastle aniquiló todas sus aves. Esa asfixiante ruina económica, combinada con su enorme pasión por la velocidad, lo empujó a las carreras bastante tarde. Su leyenda se forjó cuando, al llegar con retraso a su primera competición, tuvo que correr al volante con su sucio peto a rayas típico de granjero tejano. Ganó con una superioridad tan insultante que convirtió ese peculiar mono de trabajo en su seña de identidad inconfundible. Su carrera como piloto alcanzó el máximo nivel de gloria en 1959. A los mandos de un Aston Martin DBR1 oficial y haciendo equipo con Roy Salvadori, Shelby logró la victoria absoluta en las durísimas 24 Horas de Le Mans. Lo que casi nadie del público sabía era que corrió aquella prueba de resistencia francesa sufriendo una severa angina de pecho, obligándose a llevar fuertes pastillas de nitroglicerina bajo la lengua para evitar sufrir un infarto mortal a más de 250 kilómetros por hora. Shelby era consciente de que los coches americanos poseían motores V8 fiables y con un par demoledor, pero estaban montados en chasis de acero pesadísimos con suspensiones blandas. Por su parte, los europeos fabricaban chasis de aluminio ágiles y soñados, pero con motores enormemente complejos y frágiles. Para lograr su "híbrido", contactó con AC Cars en Inglaterra, una pequeña fábrica artesanal que estaba al borde del colapso. Producían el AC Ace, un precioso y diminuto roadster inspirado en el Ferrari 166 MM Barchetta. Al quedarse sin los veteranos motores que les suministraba Bristol, aceptaron a la desesperada enviar sus chasis a Shelby para que él les acoplara una mecánica. Tras recibir un duro portazo de General Motors, que no iba a dar motores a un rival de su Corvette, Shelby convenció a un joven Lee Iacocca en Ford. La marca ansiaba desesperadamente una imagen deportiva y le cedió a crédito su innovador y ligero motor V8 de 260 pulgadas cúbicas. El milagro se obró en Los Ángeles en 1962: en un taller y en apenas ocho horas de trabajo ininterrumpido, acoplaron el enorme corazón de Ford en el frágil chasis británico, dando vida al primer prototipo, el CSX2000. Estando completamente arruinado para iniciar la producción en masa, Shelby ideó una genial estafa de marketing: pintó ese único y solitario coche de distintos colores, como amarillo, rojo y azul, para prestárselo a la prensa de la época. Creó así la falsa ilusión de tener una enorme flota saliendo de su fábrica y las reservas llovieron, salvando la empresa. El AC Cobra 260 pesaba apenas 1000 kilos y devoraba el 0 a 100 km/h en poco más de 4 segundos. Pronto llegó el bloque de 289 pulgadas cúbicas, creando el modelo más equilibrado de toda la saga. Sin embargo, su frontal casi plano como un ladrillo chocaba contra un muro de aire en la larguísima recta de Le Mans. Negándose a perder, Shelby encargó al diseñador Peter Brock carrozar ese chasis. Nació así el extravagante y aerodinámico Shelby Daytona Coupe de cola truncada, con el que finalmente derrotaron a los intocables Ferrari 250 GTO en el Campeonato Mundial de GT. Pero el tejano nunca tenía suficiente. En 1965 obligó a rediseñar todo el chasis, haciéndolo mucho más robusto con modernos amortiguadores, para introducir el gigantesco y pesado motor V8 de 7.0 litros derivado de la NASCAR. Había nacido el AC Cobra 427, un monstruo indomable de más de 425 caballos de fuerza.
It's ev.news Briefly for Wednesday 12 August 2026, only todays headlines and nothing else, in just 4 minutes if you haven't got time for the full show.Patreon supporters fund this show, get the episodes ad free, as soon as they're ready and are part of the ev.news Community. You can be like them by clicking here: https://www.patreon.com/evnewsKIA PRICES 2027 EV3 IN US FROM $29,890Kia will sell the EV3 in America starting at $29,890 for the Light front-wheel-drive model, with up to 321 miles of EPA-estimated range on the long-range version, five trim levels, and a standard NACS port for Tesla Supercharger access. The entry-level electric SUV offers front-wheel drive with 201 horsepower, all-wheel drive with 261 horsepower, or a GT variant at 288 horsepower, with AWD costing an extra $3,200 on most trims.BRITAIN'S USED EV SALES RISE 67% TO 110,761 IN SECOND QUARTERBritain's used EV market surged 67% to 110,761 sales in the second quarter of 2026, capturing a record 5.5% share of the used car market and claiming one in every 18 second-hand purchases. Electric cars nearly doubled their market penetration from 3.3% a year earlier as traditional petrol and diesel vehicles continued to dominate with 86.7% of transactions.USED EV VALUES RISE 1.6% IN JULY, FOURTH STRAIGHT MONTHLY GAINThree-year-old battery electric vehicles in the UK gained 1.6% in value during July, marking their fourth consecutive month of growth since March and a cumulative 7% increase of roughly £1,500 per car. Fleet EVs like the Peugeot 208 Electric, Mercedes EQB, VW ID.4, and Tesla Model Y now sell within 14 days, positioning them as the fastest-selling used cars in the market.AUSTRALIAN EV SALES DOUBLE AS PETROL HITS $2.53 A LITREElectric vehicle sales in Australia more than doubled in the second quarter of 2026 as unleaded petrol reached a record $2.53 per litre, making up one in five new cars sold. Market share for fully electric vehicles climbed from 12.25% to over 21% in the first half of 2026, driven primarily by fuel prices rather than policy.EVGO OPENS 350KW FLAGSHIP CHARGING SITE IN DETROIT WITH MEIJER AND GMEVgo opened a 350kW flagship charging station in Detroit with 12 CCS and NACS stalls beneath a canopy, capable of delivering a full charge in as little as 15 minutes and accommodating vehicles towing trailers through pull-through access. The site represents EVgo's vision for charging infrastructure, with the company expecting more than 100 flagship locations online by the end of 2026 after building nearly 2,400 stalls nationwide with GM's backing.GERMAN INSURER REPORTS 12% OF PRIVATE CAR SWITCHES GO ELECTRICGerman insurer HUK Coburg reported that 12% of private vehicle changes switched to battery-electric cars in the second quarter of 2026, more than double the pre-war rate of 6.3%, with 24% of licence holders citing fuel prices since the Iran conflict as motivation. Germany registered 368,000 new BEVs in the first half of 2026 (48% more than 2025) for a 24.8% market share, while Tesla's share among switchers jumped from 5.6% to 12.2% and German brands lost ground except in the used market.SAMSUNG SDI BUYS GM'S 49.99% STAKE IN INDIANA BATTERY VENTURESamsung SDI has acquired General Motors' 49.99% stake in SynergyCells, the Indiana battery venture formed in 2024, citing slower-than-expected EV demand and pivoting the plant to produce cells and modules for energy storage systems rather than GM vehicles. The $3.5 billion venture will still open in 2026, though Samsung SDI and GM have signed a separate agreement to develop next-generation prismatic cells together for possible future EVs.TOKYO RAISES EV SUBSIDY TO 1.3 MILLION YEN PER VEHICLETokyo's metropolitan government raised its electric vehicle subsidy to 1.3 million yen per vehicle with no purchase limit, stackable with national incentives and bonuses for vehicle-to-load capability, charging equipment installation, renewable energy, and solar power usage. The scheme grades manufacturers by subsidy level—Toyota, Nissan, and Honda receive 400,000 yen while BYD receives only 100,000 yen in Tokyo—allowing buyers to potentially pay as little as 2.2 million yen for a 4.8 million yen Toyota bZ4X after stacking both subsidy tiers.FORMULA E SPLITS INTO TWO RACE FORMATS FROM 2026/27From the 2026/27 season, Formula E will run two distinct race formats: the E-Prix Unleashed as a 30-minute sprint with high downforce and no mandatory pit stop, and the conventional E-Prix as a 45-minute race with low-downforce aerodynamics and compulsory pit stops. The split reflects the capabilities of the new GEN4 car, which features permanent all-wheel drive, up to 600kW output, and 0-62 mph acceleration in roughly 1.8 seconds.V ENGINEERING BUILDS 12.4KWH REPLACEMENT BATTERY FOR MCLAREN P1V Engineering, a McLaren specialist based in Berkshire, has developed Project Continuum, a replacement high-voltage hybrid battery for the P1 that stores 12.4kWh compared to the original 4.72kWh while weighing 23kg less and requiring no rewiring. Customer installations will begin in spring 2027 for cars across the UK, Europe, the Middle East, and the United States, addressing the 2010-era battery's deterioration after approaching 16 years in service.
- Tariffs Give Imports $7K/Car Advantage - Ex UAW Presidents Oppose Fain Re-Election - GM Building $4.5 Billion Emergency Stockpile - How Hyundai is Using Gen-AI - Kia EV3 Enters U.S. Under $32K - Waymo Ojai More 'Affordable' Even w/ 102% Tariff - 1st Look at Jaguar Type 01 Interior
What happens when experience, entrepreneurship, and the next generation of motorsports all come together at one table? Recorded live at the 2026 High Performance Expo (HPX), this episode of the Outstanding Life Podcast brings together three incredible women with three very different stories, all connected by a passion for motorsports and the courage to chase what's next. Johnny D sits down with Laura Wontrop Klauser, who served as Sports Car Racing Program Manager for General Motors, overseeing the Cadillac and Corvette racing programs. Now, Laura is betting on herself, stepping into a new chapter as her own boss and launching a company as a motorsports advisor. Joining the conversation is 16-year-old aspiring race car driver Bella Bowman, whose dreams extend beyond the driver's seat into social media and marketing, along with her mom, Erin Bowman, a Motorsports Luxury Destination Developer who understands the business, lifestyle, and opportunities surrounding the sport. From leading major racing programs to starting over as an entrepreneur, from a young woman dreaming of a future behind the wheel to a mom helping build opportunities in the motorsports world, this conversation is about much more than racing. It's about dreaming big, taking chances, reinventing yourself, supporting the next generation, and refusing to put an expiration date on your goals. Three women. Three different journeys. One shared passion. And one OUTSTANDING conversation you don't want to miss. Because sometimes the next chapter of your life doesn't begin when you're ready, it begins when you're brave enough to start. Keep living the OUTSTANDING Life. PODCAST ‘Outstanding Life' HOST The Motivational Cowboy - Johnny D. (John Dmytryszyn) WEBSITE https://www.MotivationalCowboy.com/podcast/ SOUNDCLOUD PODCAST https://soundcloud.com/outstandinglifepodcast iTUNES APPLE PODCAST https://itunes.apple.com/us/podcast/outstanding-life-with-the-motivational-cowboy/id1410576520?mt=2 SPOTIFY PODCAST https://open.spotify.com/show/4OFNmM9Rv9jNA0gQMPv8XU STITCHER https://www.stitcher.com/s?fid=389557&refid=stpr YOUTUBE https://www.youtube.com/watch?v=tttQkLT7SfE&list=PL1Jmeb31MqLiNLxcnufzmCCca3HGH20Rj&index=2&t=0s SUPPORT with PAYPAL https://www.paypal.me/motivationalcowboy LISTEN for FREE to ‘Outstanding Life' PODCAST with Johnny D. the Motivational Cowboy on iTunes, Spotify, SoundCloud, Stitcher, YouTube & other major platforms and stations. Now with Over 1 Million Listeners! Motivational Speaker, John Dmytryszyn (Johnny D) has developed a strong brand as “The Motivational Cowboy”. He impacts audiences across the country with his message of “Living the Outstanding Life”, helping to change lives by reshaping thoughts about Image, Attitude, Focus and Consistency. His podcast is the latest in a long list of platforms that allows him to reach people. Among his most notable accomplishments is a 2nd Grammy consideration for his recently released spoken word CD “Time to Stand Out!”. https://www.MotivationalCowboy.com
- Tariffs Give Imports $7K/Car Advantage - Ex UAW Presidents Oppose Fain Re-Election - GM Building $4.5 Billion Emergency Stockpile - How Hyundai is Using Gen-AI - Kia EV3 Enters U.S. Under $32K - Waymo Ojai More 'Affordable' Even w/ 102% Tariff - 1st Look at Jaguar Type 01 Interior
Korean manufacturer Samsung SDI announced that it acquired General Motors' stake in the SynergyCells joint venture. The collaboration had planned to build a $3.5 billion electric vehicle battery cell factory in New Carlisle, Indiana, with the American automaker holding a 49.99% stake.Samsung SDI attributed the decision to market changes since the joint venture's conception in 2023, including “slower-than-expected growth of EV demand.” The company said it plans to continue building the facility, which would serve as its first independently operated battery production base in North America. The plant is currently under construction, though Samsung SDI did not provide an expected completion date. Once finished, the company now plans to make batteries for energy storage systems. Despite GM's exit from the joint venture, the two companies signed a new agreement to develop a prismatic battery cell for potential future EV applications, with Samsung SDI noting that the Indiana plant could eventually make the cells.General Motors and Samsung SDI formed their original partnership in April 2023 and selected New Carlisle as the plant site two months later. The joint venture intended to make nickel-rich prismatic and cylindrical cells, achieve a capacity of 30 gigawatt-hours, create 1,600 jobs and begin production in 2026. However, in August 2024, the companies delayed the production start to 2027 after construction had begun.GM's decision to sell its stake follows a January 8 SEC filing in which the automaker said it expected to record approximately $6 billion in charges in the fourth quarter of 2025 following its review of EV capacity and investments. The announcement comes as automakers scale back EV plans after the loss of a $7,500 EV federal tax credit last September.#GM, #GeneralMotors, #SamsungSDI, #EV, #ElectricVehicles, #EVBatteries, #BatteryManufacturing, #EnergyStorage, #Manufacturing, #IndianaManufacturing, #Automotive, #BatteryTechnology, #SupplyChain, #IndustrialNews, #ManufacturingNews
In den Sechzigern bringt ausgerechnet die eher konservative Ford Motor Company das Auto auf den Markt, das perfekt zum Lebensgefühl der Zeit passt: den Ford Mustang. General Motors reagiert prompt mit einem Me-too-Produkt, dem Chevrolet Camaro.In den 2000er-Jahren wiederholt sich die Geschichte. Ford landet mit der fünften Mustang-Generation im Retro-Design einen Überraschungserfolg, worauf Chevrolet eine moderne Neuinterpretation des Camaro folgen lässt.Für zusätzliche Aufmerksamkeit sorgt ein Auftritt in den „Transformers“-Filmen, darin kann sich der freundliche Autobot "Bumblebee" vom Planeten Cybertron zur Tarnung in einen gelben Camaro verwandeln. In den folgenden Jahren schiebt Chevrolet zahlreiche leistungsstarke Varianten nach. Spätestens mit der ab 2016 gebauten sechsten Generation spielt der Camaro auch qualitativ in einer Liga mit Europas Sportwagen-Elite. In der besonders rennstreckentauglichen Version ZL1 1LE erzielt er sogar eine bemerkenswerte Zeit auf der Nürburgring-Nordschleife. Aber reicht das für eine Zukunft als Klassiker? Darüber diskutieren diesmal Frank Otero Molanes, Jens Seltrecht und Lukas HambrechtExecutive Producer: Christoph Falke & Ruben Schulze-FröhlichProjektleitung: Lukas HambrechtSounddesign & Produktion: Fabian SchäfflerMarketing und Ansprechpartner: Bastian SchonauerCopyrights Cover: www.oldtimer-markt.de Hosted on Acast. See acast.com/privacy for more information.
Can EHS transition from a cost center into a strategic business driver that protects the bottom line? In this episode of the MuuvWell Podcast, host Kevin sits down with Ryan Rouse (CSP), EHS Manager at Vybond in Franklin, Kentucky. Drawing from 10 years at General Motors and 7.5 years scaling safety operations at Amazon, Ryan breaks down how he applies enterprise-level systems to modern manufacturing.Discover how Vybond tackled soft tissue injuries—which previously accounted for over 54% of their recordable incidents—by establishing an innovative on-site injury prevention clinic covering both workplace and personal health at zero cost to workers. Ryan also shares how he eliminated expensive standalone EHS software, leveraging native Microsoft Power Automate tools to automate near-miss tracking and spend 50% of his team's time out on the plant floor.Key Takeaways:Lessons from GM & Amazon: Applying scalable mechanisms from enterprise environments to modern manufacturing facilities.Merging Personal Health & Ergonomics: How providing on-site physical therapy for personal physical issues lowers overall health insurance costs and prevents workers' comp claims.A New Safety Standard: Shifting from "go home in the same condition" to "go home feeling better than when you arrived."Consolidating EHS Tech Stacks: Replacing costly standalone EHS software with native Microsoft Power Automate, Power Apps, and Power BI integrated directly into operations.The 5-Level Near-Miss System: Prioritizing near-miss reporting into five distinct levels to automate follow-ups and eliminate spreadsheet tracking.Connect with MuuvWell:
This ICYMI episode takes you back to 2009 when General Motors announced that its new electric car, the Chevrolet Volt, would receive a fuel economy rating of two-hundred and thirty miles per gallon in city driving. That rating meant it would be more fuel efficient than any mass market vehicle on the road at that time. On August 19th 2009, Checkup callers weighed in on what it would take for them to make the switch to driving electric.
From rising diesel prices and geopolitical instability to new defense sourcing requirements and rapid advances in artificial intelligence, procurement and supply chain leaders are navigating a business environment where the traditional playbook no longer works. In this episode of The Buzz, powered by Toyota Automated Logistics, hosts Scott Luton and Allison Giddens welcome James Meads, founder of Entrepreneurial Procurement, for a timely discussion on the forces reshaping procurement and global supply chains. The conversation explores major investments in domestic manufacturing, the growing tension between lean inventory and supply chain resilience, and the ripple effects of diesel shortages and commodity inflation. The panel also examines new Pentagon sourcing and traceability policies, including the challenges of reducing dependence on critical materials from countries such as China and Russia. James explains why procurement teams must move beyond a process-driven, support-function mindset and begin operating more like entrepreneurial business partners. He also shares practical AI applications that can eliminate repetitive work, improve research, and help procurement professionals focus on higher-value decisions without automating broken processes or relying on poor data. Key Takeaways: Why companies such as GE Aerospace and General Motors are investing heavily in domestic production, supplier resilience, and access to critical components How geopolitical instability is forcing businesses to reconsider just-in-time inventory strategies and qualify additional suppliers Why higher diesel prices can create widespread inflation across transportation, agriculture, manufacturing, and consumer goods The opportunities and risks associated with new defense sourcing, supply chain mapping, and material traceability requirements Why procurement leaders must advocate for investment, communicate their value, and adopt a stronger ownership mindset Practical AI use cases that can reduce manual work in procurement, including data entry, supplier research, category strategies, RFPs, and RFQs Why technology cannot successfully orchestrate broken processes or unreliable data How procurement teams can choose technology based on specific business problems instead of getting distracted by product demos and industry hype Procurement is no longer simply about controlling costs or processing transactions. It has become a critical source of resilience, innovation, risk management, and competitive advantage. Tune in to hear practical guidance on building stronger supplier strategies, selecting technology that solves real problems, and preparing your organization for a more uncertain and fast-moving global business environment. Additional Links & Resources: Learn more about Toyota Automated Logistics: https://toyota-automated-logistics.com/ The latest edition of “With That Said”: https://bit.ly/WTS-2-August-2026 GM invests in U.S. onshoring: https://bit.ly/GM-Invests-In-Onshoring-2026 “Diesel Supply Crunch”: https://bit.ly/4yQTEI1 The White House issues executive order on DoD procurement: https://bit.ly/New-Executive-Order-for-DoD-CriticalMinerals Download the Procurement Tech Map from James Meads: https://resources.entproc.com/tech-map-for-mid-market-businesses Connect with James Meads: https://www.linkedin.com/in/james-meads/ Upcoming Live Programming: https://supplychainnow.com/upcoming-live-programming/ Supply Chain Now Resource Hub: https://supplychainnow.com/resource-hub/ Learn more about our hosts: https://supplychainnow.com/about Learn more about Supply Chain Now: https://supplychainnow.com Watch and listen to more Supply Chain Now episodes here: https://supplychainnow.com/program/supply-chain-now Subscribe to Supply Chain Now on your favorite platform: https://supplychainnow.com/join Work with us! Download Supply Chain Now's NEW Media Kit: https://bit.ly/3XH6OVk WEBINAR- From Volume to Resilience: How Automotive Supply Chains Are Adapting to a New Market Reality: https://bit.ly/4f6SUGA WEBINAR- The Automotive Industry's Next Digital Breakthrough: https://bit.ly/4vhUwT4 WEBINAR- From Disruption to Stability: Building Resilient Logistics Solutions in a Rapidly Changing Global Market: https://bit.ly/3TguZMt WEBINAR- SAP AI Inside the Supply Chain: From Silo to Orchestration: https://bit.ly/4bvpz6K This episode was hosted by Scott Luton and Allison Giddens, and produced by Trisha Cordes, Joshua Miranda, and Amanda Luton. For additional information, please visit our dedicated episode page at: https://supplychainnow.com/thebuzz-procurement-mindset-shift-modern-businesses-need-1619 The content in this episode, including all audio, videos, visuals, and graphics, is the property of Supply Chain Now and is protected by copyright law. Unauthorized use, reproduction, distribution, modification, or re-uploading of this content in any form is strictly prohibited without explicit written permission from Supply Chain Now.For licensing inquiries or permissions, please contact us at production@supplychainnow.com© 2026 Supply Chain Now. All rights reserved. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Apparently, self-driving cars don't know where they shouldn't park Self-driving cars are proving to be remarkably safe on the road and, so far, have demonstrated a better safety record than human drivers in many situations. However, like all technology, they still lack common sense. They may be able to navigate traffic, but they don't always understand where they can and more importantly, cannot park. Over the past year and a half or so in Austin, Texas, Waymo's fleet of roughly 300 robotaxis has accumulated nearly $10,000 in parking tickets. While autonomous vehicles are doing well when it comes to following maps and traffic laws, they can become confused in situations that require human judgment. Reports indicate they sometimes struggle to follow directions from first responders, stop in places that block traffic, park in handicap spaces, or fail to recognize tow-away zones. One notable incident in 2025 involved a Waymo vehicle that stopped on the side of a road in northern Austin while blocking an active railroad crossing. Police reportedly weren't sure how to move the vehicle, so they called a tow truck to remove it. There have also been reports of Waymo vehicles stopping in front of parking garage entrances and parking lot access points for no obvious reason, preventing other drivers from entering or exiting. These issues will likely be resolved as the technology improves. Still, they highlight an important limitation. These robotaxis can process enormous amounts of data and make incredibly complex driving decisions, but it doesn't possess the instinctive common sense that people rely on everyday. For now, that's one area where humans still have an advantage over machines. Why Interest Rates Could Stay Higher Than Many Expect One of the biggest debates in financial markets today is where interest rates are heading. While recessions can temporarily push yields lower, there are several long-term structural reasons why interest rates may remain elevated compared to what investors became accustomed to after the 2008 financial crisis. The first and perhaps most important issue is the federal government's fiscal position. U.S. federal debt has climbed to roughly $40 trillion which is about 120% of GDP, a level that is historically very high outside of major wars or national emergencies. For much of the post-World War II period, debt-to-GDP remained well below current levels before accelerating sharply after the financial crisis and again during the pandemic. Just as concerning is the federal deficit. The government continues to run annual deficits exceeding 5% of GDP, meaning debt is growing faster than the economy itself. As long as Washington continues borrowing at a pace that exceeds economic growth, the debt burden becomes increasingly difficult to stabilize. More Treasury issuance means investors must absorb a growing supply of government bonds, which can place upward pressure on yields unless demand keeps pace. Another factor is the Federal Reserve's balance sheet. During the financial crisis and the pandemic, the Fed became one of the largest buyers of Treasury and mortgage-backed securities, helping suppress long-term interest rates through quantitative easing. While the Fed has begun reducing its holdings, its balance sheet remains enormous by historical standards. Federal Reserve assets of about $6.7 trillion are currently equal to roughly 21% of U.S. GDP. Before the2008-09 financial crisis, the Fed's balance sheet averaged only about 6% of GDP, meaning it remains more than three times larger than its pre-crisis norm. Although assets have declined from the April 2022 peak of approximately $9 trillion, or roughly 35% of GDP, the balance sheet is still exceptionally large compared to history. Another comparison that is troubling is Fed holdings currently amount to about 26.5% of all assets held by U.S. commercial banks versus the norm of about 10% before the financial crisis. Continuing to shrink the balance sheet would allow private markets to play a larger role in determining interest rates while reducing the Federal Reserve's extraordinary footprint in financial markets. A return toward more normal market functioning would likely mean less artificial downward pressure on long-term yields. History also provides perspective on where Treasury yields could ultimately settle. Since 1958, the 10-year Treasury yield has averaged roughly 1.92 percentage points above inflation. That is simply a long-run average and there have been periods when the spread exceeded 5 percentage points and others when it turned negative, but it does give some guidance on a normalized level for the 10-year treasury. When it comes to mortgage rates, they are closely tied to Treasury yields as well. Historically, the spread between the 30-year fixed mortgage rate and the 10-year Treasury yield has generally averaged about 1.5%to 2%, reflecting credit risk, servicing costs, and other factors. Post Covid, this spread did spike to over 3%, but that 1.5% to 2% range seems to be pretty consistent going back to 1990. If Treasury yields remain structurally higher because of persistent deficits, elevated debt levels, and a still-large Federal Reserve balance sheet, mortgage rates could also remain above the exceptionally low levels many homeowners became accustomed to. None of this means rates cannot decline during economic slowdowns or recessions. They almost certainly will at times. But investors expecting a permanent return to near-zero interest rates may be overlooking the structural forces now shaping the bond market. High government debt, persistent fiscal deficits, continued Treasury issuance, and a Federal Reserve balance sheet that remains well above historical norms all suggest that the era of ultra-cheap money may prove to be the exception rather than the rule. Should You Buy or Sell That Luxury Brand Stock? Luxury brand stocks that sell high-end handbags, jewelry, and other luxury goods have been in a bear market for the past couple of years. After aggressively raising prices during and immediately following the pandemic, it appears the buying frenzy for luxury products has faded. There may be one bright spot beginning to emerge, particularly in the jewelry category. Richemont, the parent company of Cartier, Van Cleef & Arpels, and Buccellati, reported a 24% year-over-year increase in jewelry sales in its most recent quarter. If you don't recognize those brands, don't worry, the important takeaway is that they sell some of the world's most expensive jewelry, and demand in that segment has remained surprisingly resilient. Luxury giants, including Kering, the parent company of Gucci, as well as LVMH and Hermès have suffered steep declines over the past few years. LVMH has fallen from more than $900 per share to around $500, while Kering has dropped from over $900 to roughly $300 as Gucci's sales have struggled. During the pandemic, some consumers even purchased luxury handbags with the expectation that they would appreciate in value. While a handful of extremely rare bags have done just that, those cases are the exception rather than the rule. If you're buying a luxury handbag, buy it because you genuinely enjoy it not because you expect it to become a profitable investment. The same caution applies to the stocks. My view is that the surge in luxury spending during and immediately after COVID was fueled by an extraordinary amount of stimulus money and excess savings, creating an artificial spike in demand. As those conditions have faded, so has the appetite for expensive discretionary purchases. While there may be periods of recovery, especially in categories like jewelry, I don't expect the luxury sector to return to the pandemic-era buying frenzy anytime soon. That makes me cautious on both the products themselves as investments and the stocks that depend on that level of consumer spending. The Paramount deal just can't stay out of the news Next month will mark one year since Paramount began its pursuit of Warner Bros. What started as an unsolicited bid eventually turned into an agreement for Paramount to acquire Warner Bros. in an $81 billion deal. However, the transaction continues to face significant legal hurdles. Several state attorneys general have raised antitrust concerns, forcing the deal into the court system. In the meantime, Paramount has agreed to pay a $650 million per quarter "ticking fee" if the deal is not completed by September 30. On top of that, the company's legal bill has already reached roughly $160 million, and the case hasn't even gone to trial yet. The costs only increase from here. If the merger is ultimately blocked or isn't completed by June 2027, Paramount would owe Warner Bros. a staggering $7 billion breakup fee. Paramount is pushing to begin the trial by November 4, but the attorneys general seeking to block the deal want to delay proceedings until next April. Paramount does have some leverage, as it has major operations and thousands of employees in states such as California, New York, and New Jersey. Even California Governor Gavin Newsom has encouraged the state's attorney general to find an out-of-court resolution. For investors, this has been an extremely nerve-racking situation. Paramount shares are currently trading around $8, down roughly 41% year to date after starting the year near $13.40 per share. Every delay adds more uncertainty, more legal expenses, and more ticking fees. There are also strong incentives for the companies involved to get the deal across the finish line. Warner Bros. CEO David Zaslav could reportedly receive compensation worth more than $800 million if the transaction is completed, giving him a significant financial incentive to see the merger succeed. This will likely continue to test shareholders' patience. As the legal battle drags on, the legal bills and ticking fees continue to pile up. It makes me wonder: Is this deal really worth it for David Ellison and Paramount? Should U.S. Car Makers Like Ford and General Motors Diversify Their Businesses? It's no secret that the auto industry is highly cyclical, with periods of strong demand followed by inevitable slowdowns. Right now, both Ford and General Motors are generating significant cash flow and posting solid earnings despite paying billions of dollars in tariff costs and writing off substantial losses from their electric vehicle investments. But the question investors should be asking is: when does the party end? One concern is affordability. New vehicle prices continue to rise, making it increasingly difficult for many consumers, especially younger buyers, to purchase a car. At the same time, younger generations simply don't seem as excited about getting behind the wheel as previous generations were. The numbers are striking. Today, only about 25% of 16-year-olds have a driver's license, roughly half the percentage from 1980, when about 50% were licensed. Even among 18-year-olds, only around 60% have a driver's license today, compared with roughly 80% nearly five decades ago. Ride-sharing services such as Uber and Lyft have made it easier for young adults to pay for transportation rather than own a vehicle themselves. I also can't help but wonder how that's changed the dating scene compared with past generations. The auto industry has faced this type of challenge before. During the 1980s, both Ford and General Motors spent billions of dollars diversifying into financial services and defense businesses. Meanwhile, Toyota stayed focused on building reliable, high-quality vehicles that consumers wanted to buy. While Detroit was chasing diversification, Toyota was steadily gaining market share with better products. I hope today's management teams remember that lesson. Auto manufacturing will always be cyclical, and no business grows every single year. The best long-term strategy may be to focus on building vehicles that customers genuinely want rather than chasing growth in unrelated industries. That said, there are signs that history could be repeating itself. Ford recently announced Ford Energy, a grid-scale battery storage business, while General Motors continues expanding its military vehicle business and is working with Lockheed Martin on defense-related technologies. These ventures could prove successful, but investors should hope management doesn't lose sight of its core business. History has shown that the companies producing the best vehicles over the long run are usually the ones that create the most value for shareholders. A Weak Jobs Report, But There Were a Few Bright Spots There is no sugarcoating it, today's jobs report was weaker than expected and adds to the evidence that the labor market is continuing to cool. Total nonfarm payroll employment fell by 23,000 jobs in the month and May and June saw a combined negative revision of 103,000 jobs. May was revised from 129,000 to 66,000 and June was revised from 57,000 to 20,000. Even though the report was softer than anticipated, the headline payroll number doesn't tell the entire story. A meaningful portion of the weakness came from government employment as it fell by 53,000 jobs in the month. Local government education jobs were particularly weak with a decline of 50,000 jobs as they can be volatile during the summer because of seasonal adjustments. There also appear to be temporary distortions related to the FIFA World Cup, which likely shifted hiring patterns. Leisure and hospitality showed a decline of 40,000 jobs and retail trade declined by 19,000 jobs. Those factors don't erase the weakness, but they do suggest the private sector wasn't quite as soft as the headline number implies. There were still several areas of strength in the report worth highlighting. Healthcare remained a key driver of payroll growth, adding 22,000 jobs. While that was below its 12-month average of 36,000, it continues to be one of the strongest and most consistent sources of job creation. Construction also posted a solid gain, with payrolls increasing by 22,000, suggesting that demand in the sector remains resilient despite elevated interest rates and ongoing affordability challenges. The unemployment rate remained one of the stronger aspects of the report, falling to 4.1%. By historical standards, that still reflects a relatively healthy labor market. However, there is an important caveat. The labor force participation rate declined again, meaning fewer Americans were either working or actively looking for work. The participation rate fell to 61.4%, its lowest level in more than five years and, excluding the Covid pandemic, the lowest reading in roughly 50 years. Likewise, the employment-to-population ratio slipped to 58.9%, its lowest level since May 2014. A declining participation rate can make the unemployment rate appear stronger than it actually is because people who stop looking for work are no longer counted as unemployed. One positive development was wage inflation. Average hourly earnings continued to moderate, with annual wage growth slowing to roughly 3.2%. That's much closer to a pace consistent with the Federal Reserve's inflation target and suggests wage pressures are continuing to ease without collapsing. Slower wage growth should help reduce inflationary pressures while still allowing workers to see income gains. The next few monthly reports will be important. If private-sector hiring continues to weaken and participation keeps falling, concerns about the broader economy will likely increase. But if today's weakness proves to be exaggerated by temporary factors, the labor market may still be on track for a gradual slowdown rather than a sharp deterioration. Financial Planning: Understanding Net Unrealized Appreciation (NUA) Employees who have built up significant company stock inside their 401(k) may have a valuable tax planning opportunity called Net Unrealized Appreciation (NUA). NUA allows retirees to move company stock from their retirement plan into a brokerage account and receive long-term capital gains treatment on the stock's growth instead of paying higher ordinary income tax rates. The benefit of NUA can be significant for employees who purchased company stock at a low cost and saw it grow substantially over time. However, the decision involves a tradeoff: the stock's original cost basis becomes taxable as ordinary income in the year of distribution in exchange for the benefit of receiving long-term capital gains treatment on the appreciation when shares are eventually sold. If the cost basis is too large, the upfront tax liability may outweigh the potential tax savings, and keeping the stock inside a retirement account and paying ordinary income taxes on future withdrawals may be the better strategy. Companies: Chipotle Mexican Grill, Inc. (Ticker: CMG)
It's ev.news Briefly for Wednesday 05 August 2026, only todays headlines and nothing else, in just 4 minutes if you haven't got time for the full show.Patreon supporters fund this show, get the episodes ad free, as soon as they're ready and are part of the ev.news Community. You can be like them by clicking here: https://www.patreon.com/evnewsAUDI STRIPS BACK A2 E-TRON CAMOUFLAGEAudi has removed most camouflage from the A2 e-tron ahead of an autumn world premiere, calling it the most efficient car it has ever built, with the 140 kW efficiency-package variant quoting provisional WLTP consumption of 12.8 kWh/100 km (4.85 miles per kWh) from a 61 kWh gross/58 kWh net LFP cell-to-pack battery, aided by active cool-air intakes, air curtains, gap reducers, silicon-carbide power electronics and 89.6% wallbox charging efficiency. DC charging peaks at 105 kW with a 26-minute 10–80% charge, V2L supplies 2.3 kW and V2H is offered, and three packs of 50, 58 and 79 kWh are expected using the VW Group APP350 drive unit on the updated MEB platform rather than MEB+.EVGO GROWS IN TOWNS AND ON MOTORWAYSEVgo will add more than 500 DC fast-charging stalls at Brixmor Property Group shopping centres, covering at least 90 sites and over a quarter of Brixmor's retail portfolio, starting later this year at Barn Plaza near Philadelphia with further builds in Florida, Illinois, Minnesota, New Jersey, Pennsylvania and Texas, many with up to 12 high-power stalls. Its highway venture with Pilot Company and General Motors, launched in 2022, has now passed 300 locations and roughly 1,300 stalls across 40 states and about 75% of the contiguous US, more than halfway to a target of up to 2,000 stalls at 500 sites, and on 5 August 2026 EVgo said it will add Tesla V4 Superchargers to its network.RIVIAN PUTS VOICE CONTROL BEHIND PAYWALLRivian switched off Amazon's Alexa across its entire fleet on Monday 3 August 2026, retiring Alexa Built-in from 4 August and leaving voice control available only through Rivian Assistant, which runs on Google's Gemini and requires a Connect+ subscription at $14.99 a month (about £11) or $149.99 a year (about £112). Previously free voice calls and messages now sit behind that paywall, along with the loss of Alexa-linked Amazon Music, Pandora and smart-home controls, though touchscreen and Bluetooth dialling remain, and the move follows Rivian charging for hands-free driving from April via Autonomy+ at $49.99 a month or $2,500 outright, despite Amazon being Rivian's second-largest shareholder.ID. BUZZ CARGO GETS CHEAPER, GOES FURTHERVolkswagen Commercial Vehicles has replaced the ID. Buzz Cargo's entry 59kWh pack with a new 58kWh unit shared with the ID.3 Neo, lifting WLTP range from 201 miles (323km) to 218 miles (351km) through cell chemistry and efficiency rather than extra capacity, while cutting the price to £29,995 excluding VAT, £5,655 less than before, with the £5,000 Plug-in Van Grant bringing the effective entry price close to £25,000 and Contract Hire from £239 a month. Charging peaks at 105kW for a 26-minute 10-80% top-up, the 79kWh version is unchanged at 277 miles (446km) and 185kW, and vehicle-to-load arrives across the range supplying 2.0kW continuously and 3.6kW peak at 16A/240V through a three-pin loadspace socket.KONA ELECTRIC GETS FULL UK EV GRANTHyundai Motor UK has moved the Kona Electric from Band 2 to Band 1 of the Electric Car Grant, raising its discount from £1,500 ($2,010) to the full £3,750 ($5,025). With a list price of £35,000 ($46,900), the model now starts at £31,250 ($41,875) with the grant applied.TESLA JULY EUROPE DATA SPLITS SHARPLYTesla's July European registrations diverged sharply, rising 86% year on year in France and 52% in Denmark, while falling 97% in Norway, 60% in Sweden and 81% in Spain, where just 131 cars were registered. Spain illustrates the underlying weakness, with Tesla up 19.8% year to date through July against a 34.9% rise in the electrified market, and Matthias Schmidt of Schmidt Automotive attributing the pattern to Tesla steering allocation towards incentive-rich markets such as Germany and France, with German volumes potentially jumping in the second half of 2026.UK BEV SHARE HITS 27.4%UK battery-electric registrations rose 49% to 43,547 units in July, taking a 27.4% market share according to NewAutomotive, while petrol registrations fell 8.2% and diesel dropped 10.6%. Chinese brands took 16% of the UK new-car market in the month, led by MG, Omoda, Jaecoo and BYD.BRITTANY FERRIES STARTS PORTSMOUTH SHORE POWERBrittany Ferries will begin using shore power at Portsmouth International Port from Monday with two hybrid vessels, activating a system completed late last year that had sat idle due to a delayed grid connection and months of negotiation over financial terms, since plugging in costs more than burning marine fuel. Chief executive Christophe Mathieu called it a milestone that unlocks the potential of the Channel's greenest vessels and makes the company a better neighbour to Portsmouth residents, while urging government tax breaks, as Portsmouth becomes home to the UK ports industry's first multi-berth, multi-user shore power system.US ARMY PICKS HARBRINGER HYBRID UGV PLATFORMThe US Army has awarded American Rheinmetall an 18-month contract to build and deliver next-generation uncrewed ground vehicles under Project Sustainment, using California firm Harbinger's Praesidia series-hybrid powertrain, which pairs a high-torque electric motor with a compact petrol engine that charges the battery but has no mechanical link to the wheels. Praesidia can export up to 350 kW to external systems, with 48 kW continuous from the engine and 15 kW split-phase AC from an onboard inverter, and Harbinger claims over 500 miles (805 km) on a full tank and charge, including roughly 105 miles (169 km) on electricity alone, with the architecture suiting silent-watch operation where acoustic signature matters.
Marley Kayden discusses General Motors' (GM) accelerating push into AI and what it could mean for the future auto industry. She also covers New York's lawsuit against prediction market platform Kalshi and the legal battle surrounding its operations. Marley also talks about the latest on a SpaceX (SPCX) fragment reportedly on a collision course with the moon and why scientists are paying close attention.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Those Long-Term Chip Deals May Not Be as Secure as Investors Are Led to Believe When you listen to memory chip companies like Samsung Electronics, SK Hynix, and Micron Technology discuss their businesses, they often make it sound like customer contracts—some extending as long as five years—are essentially set in stone. Unfortunately, that's not entirely true. Yes, these companies have long-term agreements in place, but contracts in this industry are often renegotiated when market conditions change. If demand for memory chips weakens significantly, chip manufacturers have a strong incentive to work with their customers rather than strictly enforce every contractual commitment. The reason is simple: preserving long-term customer relationships is often far more valuable than maximizing short-term revenue. Imagine a customer that suddenly doesn't need as many chips because its own sales have slowed. If a supplier forces that customer to accept unwanted inventory, those chips may simply sit in a warehouse until demand recovers. By the time the customer needs additional chips, it may choose to reduce future orders or move business to a competitor that proved to be more flexible during difficult times. Competitors are always looking for opportunities to gain market share. If one supplier refuses to work with its customers, another is usually willing to offer better pricing or more favorable terms. Losing a major customer over a rigid interpretation of a contract can cost far more in future profits than making temporary concessions during a downturn. This isn't just theory and it has happened before. During the COVID-era, many long-term agreements were adjusted as demand shifted. Rather than forcing customers to take products they no longer needed, suppliers often renegotiated delivery schedules and purchasing commitments to preserve long-term partnerships. The same principle applies across many industries. Companies frequently modify or delay large commercial agreements when business conditions change. While contracts provide a framework, successful businesses understand that maintaining trust with key customers is often more important than enforcing every clause to the letter. Investors should remember that a signed contract does not necessarily guarantee future revenue will be recognized exactly as originally planned. Management teams often emphasize the value of their long-term agreements during earnings calls, but those agreements can evolve if market conditions deteriorate. At the end of the day, great businesses understand that customer relationships are built over years but can be damaged in a matter of weeks. In many cases, giving a customer flexibility during a downturn is a much better investment than insisting on strict contract enforcement. That's why investors should view long-term chip contracts as valuable, but not invincible. Why Index Investing Could Leave You Disappointed Long Term I often hear people say, "Just buy the S&P 500 and forget about it. You'll be fine." While that sounds simple, investing is rarely that easy. Many investors don't fully understand how an index works or why it has performed so well in recent years. The S&P 500 has been driven largely by a handful of technology and AI companies. By blindly investing in the index, many people are simply participating in a momentum strategy without realizing it. Very little thought is given to what those 500 companies are actually worth. There is no effort to trim positions that have become extremely expensive or overly concentrated. As valuations climb, the index simply gives those companies an even larger weighting, leaving investors with greater exposure to the stocks that have already gone up the most. Some people respond by saying, "I won't put everything in the S&P 500. I'll diversify into other index funds." But once you go down that road, investing becomes much more complicated and you'll likely underperform the S&P 500. Should you own an international index? A European index? A bond index? A growth index? A value index? Small-cap funds? REITs? There are hundreds of ETFs and mutual funds to choose from. Now you have another challenge: deciding how much to allocate to each one. When your portfolio declines will you understand why? More importantly, will you know what to do next? Many investors don't, and that uncertainty often leads to emotional decisions at exactly the wrong time. This is why I prefer managing a portfolio of individual value-oriented stocks, combined with money market funds and selected real estate investment trusts (REITs). That approach still provides diversification, but I understand what each investment is worth and why I own it. In my view, that's a much better foundation than owning five or ten different index funds without truly understanding what's inside them or how they're valued. Another common argument for index investing is lower fees. While fees certainly matter, they shouldn't be the only factor. The number that ultimately matters is your total return after all fees and expenses. A lower fee doesn't automatically translate into better long-term performance. If you own index funds, take some time to look under the hood. Do you really understand what you own? Do you know which sectors dominate your portfolio, which companies make up the largest holdings, and how expensive those businesses are today? If the answer is no, don't assume you'll be comfortable when the market experiences its next major decline. Investors who don't understand what they own are often the first to panic, and that confusion can lead to costly investment mistakes. The U.S. economy is still in much better shape than many people think. This week brought three major events for investors: GDP, PCE inflation, and the Federal Reserve meeting. While the headlines may have sounded mixed, the underlying data still paints a healthy consumer. Second-quarter GDP grew at a 1.5% annualized rate, below economists' expectations. At first glance, that may seem disappointing. But when you look under the hood, the economy continues to show resilience. Consumer spending, which accounts for nearly 70% of U.S. GDP, increased 3.2% after a weak first quarter where it only climbed 0.5%. That tells me the American consumer is still in good shape, and that's one of the biggest reasons the economy continues to avoid the recession that so many have been predicting. Major drags on the headline GDP figure included government spending, which reduced growth by 0.14 percentage points, as well as the more volatile components of trade and the change in private inventories, which subtracted 1.01 and 0.67 percentage points, respectively. Inflation remains the biggest challenge. The Fed's preferred inflation measure, core PCE, increased 3.3% over the past year. While that's an improvement from where we've been, it's still well above the Federal Reserve's 2% target. I continue to believe inflation will remain sticky until energy prices become more stable. Energy impacts transportation, manufacturing, and virtually every supply chain, so it's difficult to see inflation falling sustainably while energy costs remain volatile. The Fed, as expected, left interest rates unchanged. What stood out wasn't the decision, it was the growing disagreement among policymakers. The 3 dissents that voted for a 25-basis point increase highlight just how uncertain the economic outlook remains. When inflation is still elevated but the economy continues to grow, there isn't an easy policy answer. One thing I do like so far is Kevin Warsh's changes at the Fed. I like the simplified statement, the encouragement of differing viewpoints, and rather than projecting absolute confidence in economic forecasts, he has acknowledged the uncertainty surrounding them. That's a refreshing change. Economic forecasting has never been an exact science, and I would rather have a Fed Chair who recognizes the limitations of those projections than one who pretends they are precise. What's surprising is how quickly some of the talking heads have claimed Warsh already has a credibility problem. I don't see it that way. Credibility isn't about making bold predictions that later need to be revised. It's about being honest about what we know, what we don't know, and allowing incoming data to guide policy. The takeaway for investors is simple: don't let one headline drive your investment decisions. The economy continues to expand, consumers are still spending, inflation remains stubborn, and the Fed is navigating a difficult policy environment. Looking beneath the surface is often where you'll find the real story. Leverage Is Fuel... Until It Becomes the Fire The last few weeks have been a reminder that leverage looks like a wonderful tool on the way up... but it's a devastating one on the way down. FINRA's new margin rules have effectively replaced the 25-year-old Pattern Day Trader rule, allowing traders with as little as $2,000 to make unlimited day trades using intraday margin. While this opens the door for more retail participation, it also means more investors have access to leverage, something that has historically magnified both gains and losses. This is a big problem considering FINRA margin debt climbed 49% year over year to another record in June of roughly $1.5 trillion. This comes as investor net credit balances have fallen to a record negative $1.06 trillion. In other words, investors collectively owe more on margin than they have sitting in cash accounts. For comparison's sake, in March 2000 this measure stood at a negative $0.13 trillion. That's an aggressive setup if volatility returns. We also saw this past week the spectacular collapse of Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness, which shows what can happen when conviction is paired with excessive leverage. The near 25-year-old Aschenbrenner was painted as a genius with strong credentials like being Columbia University's valedictorian at age 19. His fund was launched in July 2024 and he had no experience managing money before that. Before this month's decline the fund had gains of more than 1,000% since inception. The fund used tons of leverage with some saying as much as 400% to build massive positions in AI and semiconductor stocks while shorting stocks in the software space like Adobe. The problem is when names like Coreweave, Nebius, and Sandisk fell more than 50% from their highs and the software stocks rallied, margin calls forced the liquidation of most of its public equity portfolio. The result was staggering considering the fund peaked at above $45 billion in assets and with the selloff they plunged to around $10 billion. This forced a fire sale of assets at a discount to Ken Griffin's Citadel. Some speculate that the forced selling may have helped create the bottom. Once one of the market's largest leveraged sellers had finished liquidating, the selling pressure eased and many AI stocks staged a sharp rebound. Others believe the selling is not over as Michael Burry reportedly used Thursday's powerful rally as an opportunity to increase several of his bearish positions in Micron, Nvidia and the VanEck Semiconductor ETF. Whether he's ultimately right or wrong remains to be seen, but it's a reminder that some experienced investors still believe AI-related valuations and leverage remain stretched. Here Come the Robots! Robots have been making their way into manufacturing for decades. The first industrial robotic arm, called Unimate, was installed in 1961 on the assembly line at a General Motors plant in Trenton, New Jersey. But today's robots are very different. They're no longer just stationary robotic arms bolted to the factory floor, they're starting to look and move like humans. That reality is beginning to make workers uneasy. At a Hyundai Motor plant in South Korea, employees have gone on a partial strike, with concerns over automation playing a role. Hyundai recently unveiled its humanoid robot, Atlas, which stands 6'2", weighs about 200 pounds, can lift up to 110 pounds, and can continuously carry nearly 70 pounds. It's easy to understand why workers are wondering what these machines could mean for their jobs. South Korea is already the world leader in industrial robot adoption, with approximately 1,220 industrial robots for every 10,000 manufacturing employees. By comparison, the United States has around 307 robots per 10,000 workers. One statistic that surprised me was China, which currently has only about 166 industrial robots per 10,000 manufacturing workers. If Elon Musk has anything to say about it, those numbers could change dramatically over the next several years. Tesla is aggressively developing its humanoid robot, Optimus, with the goal of having it help build vehicles in its factories before long. If that vision becomes reality, other manufacturers will almost certainly follow. The idea of humanoid robots can be unsettling, but the transition is likely to be slower than many people expect. Industry forecasts suggest that global annual production of humanoid robots could reach roughly 1.2 million units by 2030. While that sounds like a large number, it's still a tiny fraction of the global workforce. So, we're probably still a few years away from living like The Jetsons. If you're not familiar with the cartoon, it debuted in September 1962 and imagined a future filled with flying cars and household robots. I guess I will have to wait a few more years to get a maid like the Jetsons had named Rosie the robot. Financial Planning: Tax Relief Coming for Older Home Sellers? The federal home sale capital gain exclusion has remained unchanged since 1997, allowing homeowners to exclude up to $250,000 of gain if single or $500,000 if married filing jointly when selling a primary residence. With home values rising significantly over the past three decades, particularly in high-cost areas like California, many long-time homeowners now face substantial capital gains taxes when downsizing. A new proposal, the Nest Egg Protection Act, would increase the exclusion to $1 million for homeowners age 65 and older who have owned and lived in their home for at least 25 years. This would allow more seniors to keep the equity they've built over a lifetime. In addition to providing tax relief, the proposal could encourage more older homeowners to sell, increasing housing inventory and making homeownership more attainable for first-time buyers. While the legislation has not yet been enacted and homeowners should continue planning under current law, the proposal reflects a growing recognition that the existing exclusion no longer aligns with today's housing market. Companies Discussed: International Business Machines Corporation (Ticker: IBM)
Summer Remix: Album 8 Track 16: Lead with Guts, Accelerate Growth w/Bob KrautHow did a $5 million marketing stunt turn into one of the top 5 marketing ideas of the last 50 years? In this episode of Brands, Beats & Bites, hosts Darryl "DC" Cobbin and Larry "LT" Taman sit down with legendary CMO Bob Kraut (former CMO of Papa John's, Arby's, Pizza Hut, and Captain D's) to pull back the curtain on his iconic career of driving explosive business growth.From orchestrating the famous Oprah Winfrey Pontiac G6 giveaway at General Motors to launching the first-ever iPhone pizza ordering application, Bob shares firsthand stories of what it takes to be an adventurous marketer.We dive deep into:The Famous Oprah Winfrey "You Get a Car!" BackstoryThe Art of the Career PivotMarketing with "Guts"The Problem with Modern AdsIf you are an aspiring CMO, brand manager, or marketing student looking to understand how to balance data-driven left-brain insights with creative right-brain ambition, this masterclass is for you.Don't forget to subscribe, rate, and share with a fellow Brand Nerd!Instagram | LinkedIn
Deglobalization is rewriting where factories get built, and Ujjwal Kumar of Siemens explains what has to change on the plant floor before reshoring actually works.For thirty years the manufacturing playbook was labor arbitrage. Move high volume, low mix production to wherever disciplined labor was cheapest, then ship it back. Ujjwal Kumar, President of Automation for Siemens Digital Industries in the Americas, argues that model has quietly stopped making sense. Demand has fragmented into high mix, lower volume, regionally specific production, and the factories in Suzhou running on robots and autonomous systems no longer carry a cost advantage over the same operation in Chicago. When the labor content collapses, the business case for distance collapses with it. That single shift explains more about the current reshoring wave than any tariff headline.The trigger was not one event. Supply chain disruption after COVID proved that geographic proximity to supply was a profitability advantage, not a nice to have. Then came the political shock: vaccine access turned out to be governed by country of citizenship rather than global distribution, and leaders across every region started sorting industries into a folder marked critical. That folder now holds semiconductors, steel, power generation, defense, space, and life sciences. Ujjwal walks through where the money is actually landing right now, including AI data centers in remote locations that demand autonomous and remote operations, power generation across fossil, renewable, nuclear, and hydro, and a level of greenfield life sciences investment in the United States he has not seen in decades. The life sciences point is the sharpest one in the episode. Drug manufacturing left as mass produced batch operations and is returning as cell and gene therapy, personalized medicine, and precision biologics, which means lot sizes of one and R&D sitting physically next to production. The design it here, build it there model taught in business schools simply does not survive that.About Ujjwal KumarUjjwal Kumar is President of Automation for Siemens Digital Industries in the Americas. A mechanical engineer by training with an MBA from the Michigan Ross School of Business, he began his career at General Motors in Detroit and went on to spend ten years at GE and seven years at Honeywell Process Solutions before leading Teradyne Robotics, one of the largest physical AI based robotics platforms. He oversees the Siemens automation portfolio spanning discrete, process, and intralogistics automation, and he continues to mentor MBA students at Michigan Ross.Timestamps0:00 Introduction2:00 Career path from General Motors to Siemens6:10 What deglobalization means for manufacturing9:00 COVID, vaccine quotas, and the reshoring trigger13:05 Labor arbitrage versus automation arbitrage15:50 Attracting the next generation of factory workers19:35 Why semiconductor reshoring will take years23:00 Tribal knowledge and the documentation problem26:00 Where the investment is going right now32:30 Adaptive manufacturing and the AI hype question35:30 Platforms, ecosystems, and Siemens Xcelerator43:20 Careers, AI, and advice for engineersReferencesSiemens Xcelerator Marketplace: https://xcelerator.siemens.com/global/en.htmlThis episode is sponsored bySiemens is a technology company focused on industry, infrastructure, transport, and healthcare, and it supplies industrial automation hardware and industrial software to manufacturers worldwide. Its Digital Industries business covers discrete automation, process automation, intralogistics, and the Siemens Xcelerator platform.https://www.siemens.comAbout Your HostsVladimir Romanov is a co-host of The Manufacturing Hub Podcast and the founder of Joltek, an independent manufacturing and industrial automation consulting firm specializing in modernization strategy, digital transformation, and workforce development. Joltek works with manufacturers and investors to de-risk modernization and build the internal capability to sustain results.Connect with Vlad: https://www.linkedin.com/in/vladromanov/Want to go deeper? Vlad and the team at Joltek have covered related topics here:Understanding Supply Chains: https://www.joltek.com/blog/understanding-supply-chainsManufacturing Challenges with New Machinery and Plants: https://www.joltek.com/blog/manufacturing-challenges-new-machinery-plantDave Griffith is a co-host of The Manufacturing Hub Podcast and founder of Capelin Solutions, an industrial automation firm helping manufacturers adopt smart manufacturing technology. He brings 15 years of experience in industrial automation and digital transformation.Connect with Dave: https://www.linkedin.com/in/davegriffith23/Subscribe to Manufacturing Hub: https://www.manufacturinghub.liveLinkedIn: https://www.linkedin.com/company/manufacturing-hub-networkYouTube: https://www.youtube.com/@ManufacturingHub
- IIHS: Waymo AVs Safer Than Humans - Ford Goes After Military Contracts - EU OEMs Go After Military Contracts, Too - U.S. War Department Wants Auto Execs - Stellantis Dumps Free2Move - BMW To Make EV Batteries In-House - VW Wants to Split Battery Investment with Gotion - Mercedes Earnings Surprise and Disappoint - GM Hosts Trump in Michigan
- IIHS: Waymo AVs Safer Than Humans - Ford Goes After Military Contracts - EU OEMs Go After Military Contracts, Too - U.S. War Department Wants Auto Execs - Stellantis Dumps Free2Move - BMW To Make EV Batteries In-House - VW Wants to Split Battery Investment with Gotion - Mercedes Earnings Surprise and Disappoint - GM Hosts Trump in Michigan
Earnings and sales, 'remain fairly solid,' says WWJ Auto Expert Jeff Gilbert following a visit to General Motors this week by Pres Donald Trump. 'We're still seeing pickup trucks and SUVs as the most popular vehicles,' Gilbert tells Megan Lynch. He does see a trend of, 'longer and longer loans,' for car buyers. Gilbert also looks at a new insurance institute study of Waymo self-driving cars which reports fewer crashes than human-driven cars. (Photo by Andrew Harnik/Getty Images)
Senate Majority Leader John Thune is trying to get a bunch done ahead of the Senate's long summer break, from sanctions legislation on Russia to funding the government. But none of that seems to matter to President Trump. He's focused on the SAVE America Act – a sweeping piece of federal legislation that would dramatically change how Americans vote (and most likely, who gets to vote in the first place). Now, a group of far-right Senators – like Utah Sen. Mike Lee – are demanding Thune cancel vacation and put the SAVE America Act on the floor. So who is in charge in the Senate – John Thune, or Donald Trump? To find out, we spoke to Burgess Everett. He's the congressional bureau chief at Semafor.And in headlines, Trump defended his sweeping tariffs during a speech at a General Motors facility in Michigan; a New York Times report revealed that the Trump Administration canceled major grants for clean-energy projects based entirely on politics; and President Trump finally got to perform his stand-up routine at the White House Correspondents' Association Dinner.Show Notes: Check out Burgess' work – semafor.com/author/burgess-everett Call Congress – 202-224-3121 Subscribe to the What A Day Newsletter – https://tinyurl.com/y4y2e9jy What A Day – YouTube – https://www.youtube.com/@whatadaypodcast Follow us on Instagram – https://www.instagram.com/crookedmedia/ For a transcript of this episode, please email transcripts@crooked.com
Trump makes history as the first sitting president to visit General Motors' famous Milford Proving Ground, and turns it into equal parts economic victory lap and full throttle campaign rally. Expect tariff talk on foreign cars and trucks, a nostalgic detour into his father's love of Cadillacs, and genuine enthusiasm over Escalades, Silverados, and a mysterious new class of tiny cars now cleared for American roads. Michigan candidates line up for their moment at the podium, crime statistics get a victory lap of their own, and there's a passionate case against the Save America Act's opposition mixed in with jabs at open borders, mail in ballots, and a certain former UAW president. Between auto plant announcements and a heartfelt nod to military families, this one bounces from factory floor pride to full blown political rally energy without missing a beat, all under the hum of some very warm proving ground air conditioning.
President Donald Trump is making his case for tariffs and tax cuts during a visit to Michigan, but economic uncertainty, geopolitical tensions and slipping approval ratings present significant political challenges ahead of the state's pivotal primary. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Jimmy addresses the latest news, like Trump giving a speech at the General Motors plant in Michigan, before speaking with Jim Gaffigan and Karlie Kloss.
As a backlash against AI builds, CEOs of AI firms are beefing up security and telling employees to leave their company branded swag at home. WSJ's Zusha Elinson unpacks the violent threats putting the industry on edge. Plus, Tesla became the most valuable car company in the world by acting less like an automaker and more like a tech company. WSJ Detroit Bureau Chief Patrick George digs into the company's latest quarterly results, and why they made investors push the stock lower. Imani Moise hosts. Have you seen an AI-generated post you thought was real? We want to hear from you! Record a voice memo and send it to tnb@wsj.com or leave us a voicemail at (212) 416-2236. Sign up for the WSJ's free Technology newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
This week, Courtney and Whitney welcome The Yum Yum Foodie, chef Eddie Zamora for a heartfelt conversation about Cuban food, Miami childhood memories, and the two extraordinary parents who shaped his life. He celebrates his mom, Momma Eva, a classically trained pianist who arrived in the United States at 18, worked as a bank teller in New York, and later built a career at General Motors. After Eddie's dad gifterd her a cookbook, she also became one of the best cooks in the family. From filet mignon hamburgers and next-day lasagna on the first day, to Noche Buena feasts, porcelain cows, and one mojito Eddie probably should not have finished, Momma Eva's love showed up in everything she did. Eddie also shares the strength she showed during her seven-year battle with cancer and the family memories that still inspire him today. This episode is dedicated to Eddie's late father, Antonio "Papi" Zamora Diaz, a beloved jazz musician and Miami bandleader whose music and spirit can be felt throughout Eddie's story. All Things Eddie Zamora Website - https://www.theyumyumfoodie.com/ Instagram - https://www.instagram.com/theyumyumfoodie/ Facebook - https://www.facebook.com/TheYumYumFoodie/ Kill The Bottle Podcast - https://killthebottle.buzzsprout.com/ Watch Countdown to Delicious - https://youtu.be/nLGB_aSC2ug?si=czVxXFMUuvv9d1NZ About Hey Sis, Eat This Hey Sis, Eat This is hosted by Courtney Ashley & Whitney Wolder Follow us on social media @heysiseatthis Visit our Website for recipes and more heysiseatthis.com Contact us at hello@heysiseatthis.com
P.M. Edition for July 21. Recent AI models from China claim they're just as powerful as some of the most cutting-edge models from OpenAI and Anthropic. Journal reporter Amrith Ramkumar joins to discuss the latest reactions from Silicon Valley and the White House. Plus, General Motors had a strong second quarter as consumers kept buying pickup trucks and SUVs. And New Jersey says a software error led to almost 400 non-citizens voting in elections in the state since 2023. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Plus: trade technology provider Altana acquires AI platform to tackle customs complexity. And Coinbase stock jumps after Clarity Act clears major hurdle. Julie Chang hosts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Plus: Oil tops $90 a barrel as Middle East conflict continues. And shares of Utz Brands soar after the snack-food maker agrees to go private. Imani Moise hosts. Sign up for WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Carl Quintanilla and Jim Cramer discussed the chip sector rally as stocks look to snap a three-day losing streak. Hear why Cramer says not to own "too much tech" and that "for the moment, it's time to go to other sectors." The anchors reacted to 3M and General Motors each posting Q2 earnings beats and raising guidance. SpaceX in the midst of a seven-day losing streak and falling below Meta in the market cap race. See how far SpaceX shares have tumbled since being added to the Nasdaq 100 two weeks ago. Also in focus: Oil rises on U.S.-Iran tensions, President Trump hits Canada with 50% tariffs, Nvidia's 9.3% stake in Nebius, Novo Nordisk sues weight-loss drug rival Eli Lilly, Oracle's credit risk and AI debt, earnings winners and losers. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Today on CarEdge Live, Ray and Zach discuss the latest news on General Motors. Tune in to learn more! Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
After a Monday that saw the S&P 500 Index descend on rising oil and yields despite chip market strength, investors await General Motors, 3M, and Northrop Grumman. Important Disclosures This material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The securities, investment products and investment strategies mentioned are not suitable for everyone. Each investor needs to review an investment strategy for their own particular situation before making any investment or trading decisions. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed. For illustrative purposes only. Individual situations will vary. Not intended to be reflective of results you can expect to achieve. Investing involves risk, including, for some products, more than your initial investment. Past performance is no guarantee of future results. Supporting documentation for any claims or statistical information is available upon request. Diversification and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets. Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions. The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed-income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors. Digital currencies [such as bitcoin] are highly volatile and not backed by any central bank or government. Digital currencies lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have. Due to the high level of risk, investors should view digital currencies as a purely speculative instrument. Cryptocurrency-related products carry a substantial level of risk and are not suitable for all investors. Investments in cryptocurrencies are relatively new, highly speculative, and may be subject to extreme price volatility, illiquidity, and increased risk of loss, including your entire investment in the fund. Spot markets on which cryptocurrencies trade are relatively new and largely unregulated, and therefore, may be more exposed to fraud and security breaches than established, regulated exchanges for other financial assets or instruments. Some cryptocurrency-related products use futures contracts to attempt to duplicate the performance of an investment in cryptocurrency, which may result in unpredictable pricing, higher transaction costs, and performance that fails to track the price of the reference cryptocurrency as intended. Please read more about risks of trading cryptocurrency futures here. Schwab does not recommend the use of technical analysis as a sole means of investment research. The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc. Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. Google Podcasts and the Google Podcasts logo are trademarks of Google LLC. Spotify and the Spotify logo are registered trademarks of Spotify AB. (0131-0726) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Kevin Warsh is heading into his next Fed meeting with inflation pressures rising again, interest rates holding near recent highs, and investors watching to see whether his tough talk will turn into action.Mike Armstrong and Marc Fandetti break down why the Fed may have a harder time arguing that interest rates are restrictive, how renewed Middle East tensions are keeping pressure on oil, shipping, and inflation expectations, and why Warsh's credibility could determine how long the Fed can wait before tightening policy. They also discuss whether the massive AI spending boom will actually pay off for today's market leaders, why General Motors is leaning on high-margin trucks and SUVs, how tariff uncertainty is weighing on growth and hiring, and why housing inventory remains stuck below pre-COVID levels.
Andrew Almeida discusses General Motors' (GM) strategy to drive growth through AI, energy, and defense initiatives, highlighting its partnership with Nvidia (NVDA) and expansion in defense technology. He also explains why Bitcoin's decentralized structure and declining correlation to equities make it an attractive long-term alternative investment.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Marley Kayden discusses General Motors' (GM) latest earnings as shares rally on a beat and raise quarter. She says consumer demand in North America remains strong even as tariffs and an unclear geopolitical backdrop pose last challenges. Tim Biggam walks investors through an example options trade for General Motors.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Rebecca Lindland and Scott Martin break down General Motors' (GM) earnings and evolving growth strategy. Lindland highlights GM's focus on high-margin vehicles and flexible powertrain offerings, while Martin discusses the company's expansion into batteries, aerospace, defense, and recurring-revenue services as CEO Mary Barra pushes to diversify beyond traditional auto manufacturing.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Shares of General Motors (GM) have consolidated since the start of 2026s. Tom White offers a look into the one- and three-year charts to show how recent price action compares to historical trends. He also offers an example options trade for General Motors ahead of earnings Tuesday. ======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Jesús Tobías was born in Saltillo, Coahuila, Mexico. He graduated with a degree in Mechanical and Electrical Engineering from Tecnológico de Monterrey in 1989. Since his student days, he has invented various products, most notably the “non-jamming socket wrench,” for which he won the National Youth Award for Science and Technology in 1990. He presented his invention at the World Inventors Exhibition in New York in 1991 and later exported it to several countries. He has founded several companies in both Mexico and the United States. He has also had the opportunity to work and give lectures in countries such as Colombia, China, Hong Kong, Taiwan, Switzerland, and Germany, among others. Since 1988, he has delivered countless lectures in various countries to governments, companies, and international organizations such as General Motors, General Electric, Rotary International, and the Red Cross. In January 2015, he became the co-founder and president of the first Society for Transcendence in the world. He is the author of several books and, more recently, has been presenting his international lecture The 7 Codes of Happiness in numerous venues. He intends to take this lecture around the world to help foster a kinder and happier humanity. Many people have described this lecture as the most important they have ever attended. Jesús Tobías maintains that “our lives are so short that we should do only what we love.” https://www.jesustobias.com/english (Spanish Version)
In the last few weeks, chipmaker Micron Technology has signed agreements with both General Motors and Ford Motor Company, which are looking to secure their supply of memory and storage platforms. This comes after the U.S. announced it would withdraw from a trade deal with Canada and Mexico, of which the car industry represents about 18%. But first, we'll look at how John Deere product owners now have the “right to repair.”Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories featured in this episode:John Deere equipment owners now have the "right to repair"Why the auto industry needs chipmakers
In the last few weeks, chipmaker Micron Technology has signed agreements with both General Motors and Ford Motor Company, which are looking to secure their supply of memory and storage platforms. This comes after the U.S. announced it would withdraw from a trade deal with Canada and Mexico, of which the car industry represents about 18%. But first, we'll look at how John Deere product owners now have the “right to repair.”Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories featured in this episode:John Deere equipment owners now have the "right to repair"Why the auto industry needs chipmakers
World Cup tourists discovered Ranch dressing… so Kraft declared an internal “code meme.”Kylie Jenner launched designer smartglasses made by Meta… it could make Zuck a trillionaire.The War in Iran has changed General Motors… because that Cadillac factory pivoted to drones.Plus, the Back-To-School Season just began this week… the earliest Calendar Creep ever.$KHC $GM $METAGrab your Tickets to the IPO Tour: Our In-Person OfferingSan Francisco 9/23: https://www.ticketmaster.com/event/1C0064AFB5F688BDBoston 10/14: https://tickets.citywinery.com/event/tboy-the-ipo-tour-in-person-offering-8cdhupSeattle 11/4 (21+): https://www.axs.com/events/1446394/the-best-one-yet-ticketsNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.
Dave Rubin of "The Rubin Report" gives a first look to the stories you need to know to start your day including a viral moment involving former President Joe Biden at the opening of Barack Obama's presidential library reigniting questions about Biden's health, cognitive decline, and the media's years-long dismissal of concerns that were once labeled "cheap fakes" and conspiracy theories; renewed scrutiny of how Democrats, the press, Kamala Harris, and Biden's inner circle handled questions about his condition before the 2024 election; and General Motors facing backlash after replacing more than 1,000 workers with just 50 robots at its Factory Zero electric vehicle plant in Detroit, sparking a fight with the United Auto Workers over automation, artificial intelligence, manufacturing jobs, and the future of the American workforce, and much more.