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Northern MPs make up a big part of Andy Burnham’s new cabinet – but how many are there? Source link
Samuel Boivin | Nurphoto | Getty ImagesElon Musk warned that investors betting against SpaceX have little chance of survival — even as short sellers boosted their wagers against the company to roughly 32% of its publicly tradable shares ahead of several key catalysts.About 206 million SpaceX shares are now sold short, representing roughly 32% of the company’s publicly tradable float and about $25 billion in notional bearish bets, according to estimates from S3 Partners. That’s up from about 185 million shares, or 29% of the float, just last week, and marks a dramatic increase from an estimated 40 million shares,…
2025 Cadillac Escalade V-Series SUVCadillacDETROIT — General Motors will launch new gas-powered Cadillac vehicles beginning next spring as the automaker continues to shift gears away from all-electric vehicles. GM CEO Mary Barra said Tuesday that the next-generation Cadillacs will include new versions of the company’s CT5 sedan, outdated XT5 midsize SUV and discontinued three-row XT6 SUV.”Starting next spring and continuing into 2028, we will begin launching the next generation of Cadillac ICE [internal combustion engine] vehicles,” Barra said during the company’s second-quarter earnings call. She said the vehicles will be in addition to Cadillac’s current all-electric crossovers and Escalade SUV.The…
Investing.com — Velo3D Inc () shares climbed 7% Tuesday after the company opened its 289,000-square-foot Livermore Production Campus, one of North America’s largest metal additive manufacturing facilities. The metal 3D printing technology company held a ribbon-cutting ceremony on July 15 for the facility, called Forge 1, which is designed to help customers transition mission-critical programs from qualification into production. The campus includes approximately 270,000 square feet of production space with infrastructure to support more than 40 large-format metal additive manufacturing systems, with capacity to expand beyond 100 systems over time. Combined with its Fremont headquarters, Velo3D expects to operate up…
Do you use your vehicle’s app to pre‑cool the cabin on a scorching day, confirm the doors are locked from bed, or have the car automatically call for help when the airbags go off? Savor those connected, cloud‑based conveniences while you can—the clock is already ticking on their obsolescence. In a few short years, you may be driving today’s vehicle without many of the features you currently enjoy. How we got hooked on the cloud “Connected services”—cloud-based and networked features that let a vehicle communicate with external systems to deliver apps, data, and remote functions to drivers and passengers—have been…
The Reform UK leader says the public want a vote on the new PM’s 10-year plan. Source link
U.S. Treasury yields were higher across the curve on Tuesday as investors mapped escalating tensions across the Middle East and reports of mediation efforts to put a stop to ongoing hostilities.The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was up more than 3 basis points at 4.63%.The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, gained 3 basis points to 4.245%. The longer-dated 30-year Treasury bond yield was edged up more than 2 basis points to 5.141%.One basis point is equal to 0.01%, and yields…
Global chip stocks extend rebound following last week’s rout Source link
Scott Bessent, US treasury secretary, during the 2026 Reagan National Economic Forum at the Ronald Reagan Presidential Library in Simi Valley, California, US, on Friday, May 29, 2026. Caroline Brehman | Bloomberg | Getty ImagesU.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration will look into whether Chinese artificial intelligence models have been distilled from American models, stating that the government does not support “IP theft.”Chinese open-weight models are gaining steam against leading offerings from American companies like OpenAI and Anthropic, sparking concerns from tech executives and government officials about the durability of the U.S.’ lead in the…
U.S. Trade Representative Jamieson Greer on Tuesday signaled another round of President Donald Trump’s tariffs is on the way.”We expect to see some action soon,” Greer told CNBC’s “Squawk Box” when asked if new tariffs are forthcoming, in light of an FT report that more duties could be announced as soon as this week. “I can’t really specify a timeline right now. I have responsibility to brief Congress and other stakeholders before I really reveal that kind of thing,” Greer noted. “But we do expect action soon,” he added.The comments suggest that the Trump administration could be poised to implement…
