Author: Press Room

Tesla employees shared videos captured by owners’ cars on an internal messaging system, Reuters reported.  A former Autopilot worker told Insider it was like having access to “god’s eye.” Tesla did not return a request for comment from Reuters or Insider.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Tesla employees peered into customers’ personal lives and garages using the suite of cameras built into owners’ vehicles, Reuters reported on Thursday. From 2019 to 2022, some Tesla workers circulated humorous, shocking, or invasive videos on…

Background Halozyme Therapeutics (NASDAQ:HALO) is an innovative biopharmaceutical company that has developed a unique platform technology, ENHANZE, that allows for the subcutaneous delivery of biologics, which has the potential to revolutionize the way we deliver and administer life-saving drugs. With several major partners, including Roche (OTCQX:RHHBY), AbbVie (ABBV), and Bristol-Myers Squibb (BMY), the company has the potential to generate significant revenue from royalty payments and milestone payments. Why ENHANZE technology is a real deal Halozyme IR deck (Halozyme IR deck) Halozyme’s drug delivery technology, called Enhanze, enables the subcutaneous delivery of biological drugs. Biologics are large, complex molecules produced using…

The UK has cracked down on several financial fixers supporting Russian oligarchs such as Roman Abramovich and Alisher Usmanov, the government revealed in a statement.The latest sanctions, unveiled on Wednesday, target “those who have knowingly assisted sanctioned Russia oligarchs to hide their assets in complex financial networks” and include Cypriots Demetris Ioannides and Christodoulos Vassiliades.Ioannides was responsible for crafting offshore structures that Abramovich used to hide more than £760mn assets before he was sanctioned in the wake of Russia’s invasion of Ukraine, the statement said. Vassiliades was “at the centre of a web” of trusts and offshore companies that linked…

As the Supreme Court prepares for yet another controversial abortion case to come its way, the justices will pore over District Court Judge Matthew Kacsmaryk’s ruling last week to block the government’s approval of the key medication abortion drug at issue. Here are five issues that could attract the attention of the high court: Court watchers like to jump right to the heart of a dispute to consider “the merits” of a particular controversy. Judges do not. Their first step is always to determine whether a case is properly before the court. Is it a true “case or controversy” as…

As the three-ring circus of rising interest rates, inflation, and bank failures plays out, investors may be searching for opportunities that are less exposed to the performance of the overall economy. Corporate spinoffs and separations are worthy of consideration. Some recent spins have been notable successes. Shares of General Electric (ticker: GE) and the recently spun off GE HealthCare Technologies (GEHC) are up 44% and 38%, respectively, year to date. Investors who bought GE stock 12 months ago are up more than 70% on their holdings. The S&P 500 and Dow Jones Industrial Average are down about 9% and 3%…

Geopolitical tensions played a role in Warren Buffett’s decision to cut Berkshire Hathaway’s stake in Taiwan Semiconductor Manufacturing Co., the legendary investor said in an interview. Berkshire Hathaway BRK.B cut its stake in the microchip maker by nearly $4 billion in the fourth quarter. China considers Taiwan a renegade province and reportedly has simulated strikes during drills, following the visit by Taiwan’s president Tsai Ing-win to the U.S. and Central America. Buffett… Read the full article here

This is reprinted by permission from .  For the past few years, the out-of-pocket costs for attending a public four-year college have decreased and minimum wages have risen in many states. While you might think these shifts should make it easier for students to work their way through college, it would still take a herculean effort — adding a full-time job (or more) — to a full-time courseload. Assuming… Read the full article here

China’s consumer inflation eased to its lowest level in more than a year in March, as prices for both food and non-food products retreated. The consumer-price index rose 0.7% on year in March compared with February’s 1.0% increase, the National Bureau of Statistics said Tuesday. That marked the lowest reading since September 2021 and undershot… Read the full article here

© Reuters. FILE PHOTO: A screen displays the logo for Black Knight on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2022. REUTERS/Brendan McDermid WASHINGTON (Reuters) -The U.S. Federal Trade Commission opened a new front in its fight against the Intercontinental Exchange (NYSE:) deal to buy Black Knight (NYSE:) by asking a federal court for a preliminary injunction to halt the deal while its internal administrative process moves forward. The agency on March 9 said it would seek to stop New York Stock Exchange parent Intercontinental Exchange from acquiring mortgage data vendor…

By Ambar Warrick Investing.com — Oil prices moved little in early Asian trade on Wednesday, sticking to near one-month highs as markets awaited fresh cues from U.S. inflation data due later in the day, with focus also turning to a potential build in U.S. crude inventories. Crude prices rallied on Tuesday amid growing hopes that the U.S. Federal Reserve will taper its hawkish stance, while a recent supply cut by the Organization of Petroleum Exporting Countries and allies (OPEC+) continued to provide support. Data from the showed that U.S. oil inventories unexpectedly grew by about 300,000 barrels in the week…