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Apple (AAPL) Intelligence may need stolen the present on the firm’s Worldwide Builders Convention this week, however one other announcement in the course of the present might actually enable you keep in contact with family and friends whereas off the grid or tenting whenever you don’t have cell service. Messages through satellite tv for pc is a brand new characteristic …

4 years after the United States-Mexico-Canada commerce settlement (USMCA) was adopted, Mexico and the US face a standard concern: the prospect of low cost Chinese language electrical autos dominating a fast-growing market and undermining regional carmakers like GM (GM), Ford (F), and Tesla (TSLA) within the course of. Chinese language imports have already begun south of the US border. EV …

Tesla (TSLA) shareholders re-approved Elon Musk’s record-breaking pay pact and signed off on a brand new Texas incorporation, a present of assist for the CEO as he fights authorized battles on a number of fronts. “Scorching rattling I really like you guys,” Musk stated after the votes had been tabulated, whereas talking on the firm’s annual shareholder assembly in Austin, …

AstraZeneca (AZN) has lengthy been within the oncology and different illness areas, however rose to recognition in recent times with the success of its COVID-19 vaccine. The corporate has since withdrawn the vaccine because of low demand and uncommon unintended effects, however is as soon as once more an investor favourite after sharing latest information on its most cancers medication. …

Apple (AAPL) kicked off its huge push into generative AI with the debut of its Apple Intelligence platform at its Worldwide Builders Convention on Monday. However in the event you personal an iPhone 15 or older, you’re out of luck. Apple says you’ll want an iPhone 15 Professional and 15 Professional Max or future iPhone to benefit from the software …

Yahoo Finance’s Yasmin Khorram reviews: Tesla (TSLA) shareholders are answering a $56 billion query right now at their annual assembly: Ought to Elon Musk’s document pay bundle be reinstated after a Delaware decide struck down a earlier one? “I’m voting sure unenthusiastically; I’m voting sure out of precept,” early investor Ibrahim AlHusseini informed Yahoo Finance. Private emotions apart, he mentioned …

At present Tesla shareholders will lastly reply a $56 billion query hanging over the corporate: Can CEO Elon Musk hold his record-breaking pay? Whereas Musk posted late Wednesday night time that the votes were trending for passage of his pay package deal, official phrase will not come down till later right now — although Tesla shares are leaping within the …

That is The Takeaway from immediately’s Morning Transient, which you’ll be able to enroll to obtain in your inbox each morning together with: On Wednesday, the Federal Reserve revised its outlook for rate of interest coverage in 2024, signaling only one minimize as an alternative of the three seen again in March. A disappointing outlook on the floor for buyers …

A promising inflation print on the morning of the newest coverage announcement from the Federal Reserve has economists feeling optimistic in regards to the central financial institution’s assertion, and Fed Chair Jerome Powell’s press convention could lean extra dovish than initially anticipated. The Client Worth Index (CPI) for Could confirmed the bottom yearly enhance for client costs since July 2022. …

Individuals proceed to really feel the results of meals inflation whereas firms attempt to win again weary consumers amid increased costs. Within the month of Could, the price of meals jumped 2.1% in comparison with a 12 months in the past, per the latest data from the Bureau of Labor Statistics. It is up 0.1% in comparison with April. Costs …