US Jobless Claims Tumbled Last Week After Fraud-Inflated Jump
Applications for US unemployment benefits fell by the most since 2021 after fraudulent claims boosted the numbers in
2023-05-18 20:54
EV Battery-Swapping Could Help Solve the US Charging Problem
More than a decade ago, a high-flying startup called Better Place made a billion-dollar bet that electric car
2023-05-18 20:28
Biden 2024 campaign announcement coming as soon as next week
President Joe Biden will formally announce his 2024 reelection campaign as soon as next week, three people briefed on the discussions said Thursday. The people, who spoke on the condition of anonymity to discuss internal deliberations, said they were not aware that a final decision on timing had been made, but that Biden had been eyeing Tuesday, April 25, four years to the day since the Democrat entered the 2020 race. The upcoming announcement is expected to be in the form of a video released to supporters. Biden has repeatedly said he intends to run for a second term but advisers say he has felt little need to jump into campaigning because he faces no significant opposition to his party's nomination. Biden has summoned top Democratic donors to Washington next week for what was expected to be a dinner with him and a strategy session with his chief political advisers. The Washington Post first reported on the expected timing of the announcement. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide
2023-05-18 20:22
Mizuho CEO Dismisses Idea of Teaming With US Bank for Expansion
Mizuho Financial Group Inc. is unlikely to follow its Japanese rivals by teaming up with a US bank
2023-05-18 17:30
The Era of Huge UK House Price Rises Is Ending, Economist Says
The age of huge UK property price increases may be coming to an end as population growth slows
2023-05-18 17:29
Europe’s Emissions Fall Below Lockdown Levels During Energy Crisis
Europe’s carbon emissions from power plants and industry have been even lower to start the year than they
2023-05-18 17:23
Cisco Gives Strong Sales Forecast In Sign Companies Are Still Spending on IT
Cisco Systems Inc., the largest maker of machines that run computer networks and the internet, said orders declined
2023-05-18 16:57
EDF Power Traders Lost ‘Shocking’ €480 Million as Energy Prices Surged
Electricite de France SA’s power trading business lost as much as €480 million ($519 million) during an unexpected
2023-05-18 16:49
Tesla-driving California doctor denies wife’s claim he purposely drove family off cliff
A California doctor, accused of driving his family off a cliff, has blamed his Tesla car for malfunctioning even though his wife claimed his move was deliberate, according to an affidavit. Warrant affidavit documents unsealed on Wednesday showed Dharmesh Patel, 41, told investigators he pulled off the road to check on a possible flat tyre after the sensor on his Model Y electric car indicated low tyre pressure. Mr Patel, a radiologist from Pasadena, was driving his white 2021 Tesla Model Y along the Pacific Coast Highway south of San Francisco when the car plunged several hundred feet off the cliff at the Devil’s Slide. Firefighters had to cut the family out of the wreckage. Despite the crash, Mr Patel, his wife Neha, their nine-year-old son and four-year-old daughter “miraculously” survived and were pulled off a craggy outcrop. However, Mr Patel’s claims were refuted by his wife, who told a California Highway Patrol officer that her husband was "depressed". "He’s a doctor. He said he was going to drive off the cliff. He purposely drove off," Ms Patel said, according to documents obtained by the San Francisco Chronicle. California Highway Patrol officer Aaron Sapien wrote that Ms Patel, while being rescued from the car, said “something to the effect that the driver, her husband Dharmesh Patel, did it on purpose". "She then told him that her husband needs a psych evaluation." The warrant affidavit included an interview with Mr Patel while he was recovering from major lower body injuries. He said his wife was irritated shortly before the plunge off the cliff because she didn't want to stop at his brother's house in San Mateo County before making their drive home to Los Angeles. He said he was not really depressed but that he “felt down because times were bad in the world”, the Chronicle reported. "Asked if he felt suicidal, he said, 'You know, not like a plan, not usually,'" the affidavit said. Mr Patel has pleaded not guilty to three counts of attempted murder and is in custody without bail. A preliminary hearing is scheduled for 12 June, at which time a judge will decide if there's enough evidence to move ahead with a trial. Read More A tragic family Tesla crash off a California cliff shocked rescuers. Then the doctor dad was arrested for attempted murder Wife of man accused of driving family off cliff in Tesla ‘doesn’t want him to be charged’ Father charged with deliberately crashing family Tesla off cliff is seen in new video as nine police visits revealed
2023-05-18 16:23
Sunak Says UK Talking to EU on Post-Brexit Rules for Carmakers
Rishi Sunak said his UK government is in talks with the European Union about Brexit-related rules that have
2023-05-18 16:17
BT to Cut Up to 42% of Jobs by 2030 Following Fiber Rollout
BT Group Plc said it plans to cut its labor force, including employees and contractors, by as much
2023-05-18 15:52
Pakistan Latest: Imran Khan Arrest Fears Keep Nation on Edge
Pakistan’s former premier Imran Khan said he fears imminent arrest after police surrounded his home in Punjab province,
2023-05-18 15:45
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