Norfolk Southern announces board appointments

ATLANTA, July 20, 2023 /PRNewswire/ — Norfolk Southern Corporation (NYSE: NSC) announced Thursday the addition of two new independent directors to its board of directors and a series of corporate governance updates. Board AppointmentsThe company has appointed Admiral Philip Davidson, U.S. Navy (Ret.) and Francesca DeBiase to the board, effective immediately. Davidson will serve on… Continue reading Norfolk Southern announces board appointments

Musk open to price cuts as Tesla bets on self-driving future

July 20 (Reuters) – Elon Musk is prioritizing sales over profits in hopes that Tesla’s elusive full self-driving software would eventually burnish margins, a plan that could deepen an already fierce price war in the electric-vehicle industry. Shares of the automaker (TSLA.O) fell 3% before the bell on Thursday after Musk signaled there might not… Continue reading Musk open to price cuts as Tesla bets on self-driving future

THG Announces Partnership with Mansion Entertainment Group to Develop American Heartland Theme Park: Unveiling an All-New, Groundbreaking Destination

Renowned Creative Agency THG Collaborates with Mansion Entertainment Group and Additional Experts to Create an Unforgettable Amusement Park Experience From The Ground Up in Vinita, Oklahoma VINITA, Okla., July 20, 2023 /PRNewswire/ — THG, an independent creative agency specializing in creating awe-inspiring attractions for theme parks, museums, and leading brands, is proud to present its latest… Continue reading THG Announces Partnership with Mansion Entertainment Group to Develop American Heartland Theme Park: Unveiling an All-New, Groundbreaking Destination

The Directed Energy Weapons Market is to grow by 19.16% from 2022 to 2027|Airbus SE, BAE Systems Plc, Cobham Ltd., and more to emerge as key players- Technavio

NEW YORK, July 20, 2023 /PRNewswire/ — The directed energy weapons (DEW) market is estimated to grow at a CAGR of 19.16% between 2022 and 2027. The size of the market is forecast to increase by USD 3,840.53 million, according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities… Continue reading The Directed Energy Weapons Market is to grow by 19.16% from 2022 to 2027|Airbus SE, BAE Systems Plc, Cobham Ltd., and more to emerge as key players- Technavio

Europa Wire: Garanti BBVA Launches Türkiye’s First Ecommerce Loan for Energy-Efficient Car Rentals000691

Garanti BBVA Launches Türkiye’s First Ecommerce Loan for Energy-Efficient Car Rentals (IN BRIEF) Garanti BBVA has partnered with Enterprise Türkiye to promote electric mobility and car rentals in Türkiye. As part of this collaboration, Garanti BBVA is offering an ecommerce loan, known as a Buy Now Pay Later (BNPL) loan, to customers who wish to… Continue reading Europa Wire: Garanti BBVA Launches Türkiye’s First Ecommerce Loan for Energy-Efficient Car Rentals000691

German Manager Magazin: Tesla’s price cuts continue to depress profitability002610

Tesla buys the record sales of its electric cars with price cuts – and that affects the profit development. company boss Elon Musk (52) was nevertheless willing to make further price reductions if the economy should deteriorate. At the same time, Musk made some full-bodied promises: He believes that the advanced version of Tesla’s Autopilot… Continue reading German Manager Magazin: Tesla’s price cuts continue to depress profitability002610

Clean Technica: That Chinese EV Price War Truce Dissolved Real Quickly — What Does That Mean?002901

A little more than a week ago, I wrote about a price war truce (among other things) made among Chinese automakers, including Tesla. At the time, I pondered that such an agreement would seemingly be a clear violation of antitrust laws in the US and Europe. What I missed is that the agreement apparently got… Continue reading Clean Technica: That Chinese EV Price War Truce Dissolved Real Quickly — What Does That Mean?002901

Government Opens Investigation Into Tesla Autopilot Crash That Killed Teen and Baby

“In the blink of an eye, our lives have been forever shattered…” Tragedy Strikes Tesla’s troubled Autopilot is under additional scrutiny after federal officials announced they’re investigating the driver assist tech in a horrific car crash in California that killed a teenager and a baby, Reuters reports. “In the blink of an eye, our lives have… Continue reading Government Opens Investigation Into Tesla Autopilot Crash That Killed Teen and Baby

Middle East Military Counter-Unmanned Aerial Systems (C-UAS) Research Report 2023: Key Factors Driving Growth and the Strategies Adopted by Regional Stakeholders to Tackle Emerging Threats

DUBIN, July 19, 2023 /PRNewswire/ — The “Middle East Military Counter-Unmanned Aerial Systems Growth Opportunities” report has been added to  ResearchAndMarkets.com’s offering. This study delves into the current landscape of the Middle East C-UAS market, analyzing the key factors driving its growth and the strategies adopted by regional stakeholders to tackle emerging threats. Addressing the growing… Continue reading Middle East Military Counter-Unmanned Aerial Systems (C-UAS) Research Report 2023: Key Factors Driving Growth and the Strategies Adopted by Regional Stakeholders to Tackle Emerging Threats

Tesla’s Profit Rose in the Second Quarter as Price Cuts Spurred Demand

Tesla reported a rise in profit for the second quarter after the company led by Elon Musk cut prices in response to increased competition and higher borrowing costs for car buyers. The company said on Wednesday that it earned $2.7 billion from April through June, compared with $2.5 billion in the first quarter of this… Continue reading Tesla’s Profit Rose in the Second Quarter as Price Cuts Spurred Demand