Author: insighter

China has become a powerhouse in electric vehicles. Its automaker BYD recently topped Tesla in global EV sales, with Elon Musk recently warning of Chinese carmakers, “If there are no trade barriers established, they will pretty much demolish most other car companies in the world. They’re extremely good.” On Friday, the Alliance for American Manufacturing sounded the alarm, issuing a report entitled: “On a Collision Course: China’s Existential Threat to America’s Auto Industry and its Route Through Mexico.”  The report, which lists policy recommendations to combat overcapacity and unfair trade practices, notes that BYD is building factories in Thailand and…

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Every credit card in your wallet that carries an annual fee should merit a yearly question: Is the annual fee worth it to keep the card for another year? The Marriott Bonvoy Business® American Express® Card packs a decent number of benefits into an annual fee of $125 (see rates and fees), but that doesn’t mean this card is a slam dunk for everyone. In fact, it may lack some of the perks you’re looking for in a hotel credit card. But to be fair, hotel credit cards typically aren’t the best card in your wallet for maximizing your spending…

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In a joint statement, the Pentagon said that Saturday’s “necessary and proportionate strikes specifically targeted 18 Houthi targets across eight locations in Yemen associated with Houthi underground weapons storage facilities, missile storage facilities, one-way attack unmanned aerial systems, air defence systems, radars, and a helicopter.

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Lee Anderson will now sit as an independent lawmaker in parliament after his remarks prompted a flood of criticism. The UK’s Conservative Party has suspended one of its lawmakers, Lee Anderson, after he said the mayor of London, Sadiq Khan, was under the control of “Islamists”. Khan, the first Muslim to be mayor of London and a member of the opposition Labour Party, is a frequent target of Conservative criticism for his handling of policing in the UK’s capital, including regular pro-Palestinian marches. On Wednesday hundreds of pro-Palestinian protesters gathered outside parliament, during a chaotic vote over whether to call…

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  Former President Donald Trump blasted Joe Biden for being a “very nasty and vicious racist” during the Black Conservative Federation’s annual gala in Columbia, South Carolina, on Friday. Trump said that Biden had been “palling around with notorious segregationists” in the past and tore into him for drafting a 1994 crime bill “that devastated the Black community.” “On top of everything else, Joe Biden really has proven to be a very nasty and vicious racist. He’s been a racist whether you like it or don’t like it,” Trump said during his speech. JUST IN: Trump calls Biden a “vicious…

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  Former MLB outfielder Carlos Gomez hit for the cycle twice in his MLB days. Now, he’s trying to make a second career out of it. Kyle Schwarber did something that’s only been done 11 other times in MLB history | Stats That Will Blow Your Mind Gomez is attempting to qualify for the 2024 Olympic track cycling team, according to Milwaukee Journal Sentinel reporter Todd Rosiak. Gomez needs to win a race in May in order to qualify. If he does, Gomez would represent the Dominican Republic in the 500-meter race. The country has only ever had one cyclist…

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Blackstone Inc. Chief Executive Officer Steve Schwarzman took home $896.7 million last year, a 30% drop from a year earlier, yet still one of the biggest annual payouts on record in high finance.  Schwarzman, 77, collected $777 million in dividends alone from his roughly 20% stake in the alternative-asset manager, according to a regulatory filing Friday. He earned an additional $120 million mostly through incentive fees and the share of fund profits known as carried interest. He received a record $1.27 billion in 2022. Blackstone slowed its pace of cashing out of deals last year, as would-be buyers stayed on the sidelines and high interest…

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Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world of machine learning, along with notable research and experiments we didn’t cover on their own. This week in AI, Google paused its AI chatbot Gemini’s ability to generate images of people after a segment of users complained about historical inaccuracies. Told to depict “a Roman legion,” for instance, Gemini would show an anachronistic, cartoonish group of racially diverse foot soldiers while rendering “Zulu warriors” as Black. It appears that Google…

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  Opinion The former President Donald Trump is celebrating after the radically liberal late night host Jimmy Kimmel suggested that he may be retiring from late night. Trump Trashes ‘Loser’ Kimmel “They could get a far more talented person, who would also get better Ratings, for 5% of what they are paying this Loser!” Trump wrote on his Truth Social social media platform alongside a link to an ABC News article that was titled “Jimmy Kimmel hints at retiring from talk show: ‘I think this is my final contract.” “I think this is my final contract,” Kimmel told the Los Angeles…

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Posted: 2/19/24 | February 19th, 2024 With its world-class food scene, rambunctious nightlife, sunny weather, and laid-back pace, Barcelona is one of my favorite cities in Europe. It’s also one of the most-visited cities on the continent, bursting at the seams every summer as travelers come to explore, admire its art and architecture (Gaudi has tons of works here), and eat all the tapas they can. I love the energy of the city and never get tired of visiting. While there are lots of neighborhoods to stay in, almost everything you’ll want to see or do is in just a…

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