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The Art of Improvement
The Art of Improvement
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_tesla39s-layoffs-raise-questions-about-growth-of-supercharging-network.webp "Tesla recently laid off around 500 employees, including senior leadership of its Supercharging team, raising concerns about the future of Tesla's EV charging network. Tesla's Supercharging network is one of the largest in the world with over 55,000 charging ports, and is seen as one of Tesla's most valuable assets. The abrupt cuts have created uncertainty about its expansion plans. Tesla's CEO Elon Musk said the company will still invest $500 million in Superchargers this year, but expand faster than before. The cuts come as Tesla faces more competition from other automakers expanding their EV options and charging networks.")
_melinda-french-gates-has-3612-5-billion-to-invest-in-additional-philanthropy.webp "“The time is right for me to move forward into the next chapter of my philanthropy,” she wrote in a statement posted on X.")
_cathie-wood39s-ark-invest39s-third-largest-holding-is-this-little-known-biotech-company-harnessing-ai-for-drug-treatment.webp "Cathie Wood's ARK Invest has been buying shares of Recursion Pharmaceuticals, a biotech company using AI to speed up drug discovery. It is now the third-largest holding in her ARK Genomic Revolution ETF. Recursion has developed an AI-powered operating system that conducts up to 2.2 million weekly experiments to test drug candidates in an automated laboratory, advancing only the most promising compounds to clinical trials. Using AI this way could allow Recursion to launch drugs faster than competitors and license its OS to other companies, building a network effect that improves its algorithm over time.")
_squarespace-agrees-to-366-9-billion-all-cash-deal-going-private-with-permira.webp "Website-building platform Squarespace announced it will go private in a $6.9 billion all-cash deal with private equity firm Permira. Permira will pay $44 per share, a 30% premium over Squarespace's unaffected stock price. Squarespace struggled as a public company, opening below its reference price and never trading above its IPO price. Major shareholders approved the deal and will remain investors after the acquisition. The deal marks a trend of smaller tech companies going private after difficulties in the public markets.")
_police-and-protesters-clash-at-blockade-outside-thales-in-govan.webp "Police and protesters clash at Thales Glasgow<br/><br/> GLASGOW. Thales Govan.<br/><br/>Police and pro-Palestinian protesters have clashed after a demonstration blocked the entrance to a military electronics factory in Glasgow.<br/><br/>Dozens of protesters gathered outside French company Thales’ site on Linthouse Road in Govan from 5am on Wednesday.<br/><br/>The demonstrators are demanding an immediate ceasefire and an end to the war in Gaza.<br/><br/>Police said a number of arrests had been made.<br/><br/>It comes at a time of mounting concern over the humanitarian catastrophe in Gaza.<br/><br/>The protest marks the 76th anniversary of the Nakba, Arabic for “catastrophe”, when 700,000 Palestinians fled or were driven out of what is now Israel before and during the war surrounding its creation in 1948.<br/><br/>More than twice that number have been displaced within Gaza since the start of the latest war, which was triggered by Hamas’ October 7 attack into Israel.<br/><br/>UN agencies say 550,000 people, nearly a quarter of Gaza’s 2.3 million people, have been newly displaced in just the last week, as Israeli forces have pushed into the southern city of Rafah and re-invaded parts of northern Gaza.<br/><br/>A Police Scotland spokesperson said: “Around 5.05am on Wednesday, May 15, 2024 police were called to a report of a demonstration within the grounds of a business premises on Linthouse Road, Govan, Glasgow.<br/><br/>“Officers are in attendance and a number of arrests have been made.”<br/><br/>Thales employs over 750 people across two main sites in Glasgow and Rosyth and said it invested over £140m in 2023 to the Scottish economy.")
_stock-markets-rally-amid-investor-hopes-for-interest-rate-cuts-in-2024.webp "Stock Markets Rally , Amid Investor Hopes for , Interest Rate Cuts in 2024.<br/>On the morning of May 15, both the S&P and the <br/>Nasdaq hit all-time highs after new data suggested <br/>inflation may be easing in line with expectations.<br/>Quartz reports that the Dow Jones Industrial Average <br/>is also inching toward the record-breaking <br/>40,000 mark, which it almost hit in March. .<br/>According to the latest Bureau of Labor <br/>Statistics data, April saw the Consumer Price <br/>Index, a key gauge of inflation, rise by 3.4%.<br/>At the same time, consumer prices <br/>increased by 0.3%, slowing slightly <br/>from March's 0.4% increase.<br/>The latest data also shows that core prices, <br/>which don't include food and energy, saw the lowest <br/>increase since April of 2021, rising just 3.6%. .<br/>As a result, investors have a sense of <br/>renewed hope that the Federal Reserve will <br/>begin to cut interest rates at some point in 2024.<br/>The latest inflation data was released one day <br/>after the Producer Price Index, which <br/>measures wholesale inflation, increased 0.5%. .<br/>Over the past year, the <br/>index has increased 2.2%.<br/>Shortly after markets opened, the Dow <br/>jumped up 147 points, hitting 39,705, while the <br/>S&P 500 and the Nasdaq saw 0.5% increases.<br/>Shares in GameStop were down 30% after <br/>experiencing a boost earlier this week by <br/>the online return of investor \")
_american-businessman-warren-buffett39s-advice-on-investments.webp "Warren Buffett, the chairman of Berkshire Hathaway (BRK.A), is the most successful investor of our time. His daughter, Susan, worked as my assistant when I was the publisher of a magazine 40 years ago. Just before she got married, Susie told me she worried that her fiancé’s parents had bought a couple of shares of Berkshire stock — and what if it tanked? At the time, the price was about $1,000 a share. Today, it’s $507,000 a share. I hope the in-laws hung on.")
_walker-s04e08-witt-s-end.webp "Walker 4x08 \")
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