WASHINGTON — Given the overall environment in the industry, it’s likely for some smaller banks to consolidate, Treasury Secretary Janet Yellen said Wednesday morning. “There is motivation to see some consolidation and it wouldn’t surprise me to see some of that going forward,” Yellen said in an interview on CNBC’s “Squawk Box.” Yellen said she wouldn’t …
Story highlights Driverless electric racer completes successful track test in Marrakech, Morocco Planned Roborace series will see autonomous cars compete at Formula E ePrix weekends CNN — It is a car kitted out with technology its developers boldly predict will transform our cities and change the way we live. The autonomous “DevBot #1” took a …
A sign reads ‘We Buy Used Cars!!’ at an auto dealership on February 15, 2023 in Glendale, California. Mario Tama | Getty Images DETROIT – Wholesale used vehicle prices reached their lowest level of the year in May, as sales fell amid high interest rates and inflated retail prices. Cox Automotive reported Wednesday a 2.7% …
Warner Bros Discovery announced on Wednesday morning that Chris Licht is leaving CNN, where he led the news network for just over a year. The parent company stated that they are now seeking a replacement for Licht. In the meantime, Amy Entelis, Virginia Moseley, Eric Sherling, and David Leavy will be leading CNN. Licht’s departure …
The upcoming summer season is likely to see travel chaos for British holidaymakers as over 2,000 security guards at Heathrow airport are set to go on strike. The Unite union reported that their members, working at the largest airport in the UK, will be walking out for 31 days from June 24 due to their …
Under Elon Musk’s revamp of the social network, Twitter has bestowed a gold check mark to Britain First, the far-right political party. Britain First, an anti-immigration party led by Paul Golding, who has been convicted in the past for religiously aggravated harassment against Muslims, has been tagged as an “official organization” by Twitter. A gold …