The 2025 Rivian R1T is a trailblazing electric truck, that brings together luxury, high performance, and off-road capability. Already known for its versatility, it claimed MotorTrend’s 2022 Truck of the Year award and completed the first electric vehicle crossing of the Trans-America Trail. In this new model year, Rivian has focused on internal upgrades, including a new electrical platform, driver assistance improvements, and expanded motor configurations, with the tri-motor and quad-motor models released in late summer 2024 and late 2024, respectively. Rivian aims to set a new standard in the EV pickup market against competitors like the Tesla Cybertruck and…
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The 2025 BMW X5 brings updates in power, luxury, and advanced technology, catering to drivers who seek a blend of style, performance, and practicality in a midsize SUV. BMW of Owings Mills in Maryland currently has the 2024 model in stock, while the upgraded 2025 model was released in Q2 of 2024 with a starting price of $65,700. Known for its legacy in the luxury SUV market, the X5 remains a top choice for driving enthusiasts and families alike, boasting improved driving dynamics, elevated comfort, and cutting-edge features that set it apart in the segment. In terms of performance, the…
New Zealand Super Fund Investment Strategy Director Doug Bell discusses asset allocation strategy for the longer term. He speaks with Steve Engle from the sidelines of “APIC Pension Summit.” (Source: Bloomberg) Source link
By Kate Abnett BAKU (Reuters) – The main task for nearly 200 countries at the U.N.’s COP29 climate summit is to broker a deal that ensures up to trillions of dollars in financing for climate projects worldwide. Here is what you need to know about the Nov. 11-22 summit talks on finance. WHAT IS THE GOAL? Wealthy countries pledged in 2009 to contribute $100 billion a year to help developing nations cope with the costs of a transition to clean energy and adapting to the conditions of a warming world. Those payments began in 2020 but were only fully met…
The 2025 Ford F-150, released in fall 2024, has made its debut with subtle yet impactful updates, appealing to both returning customers and new buyers alike. Building on the highly successful 2024 model, the 2025 version focuses on enhanced aesthetics and technology rather than a complete overhaul. With new color, graphic, and wheel options, drivers can customize the truck to their preferences. Additionally, the 2025 F-150 introduces a new entry-level 2.7-liter twin-turbocharged V6 engine, offering strong performance in an accessible package. The latest model is now available at Peacock Ford in Maitland, FL, and dealerships nationwide. Under the hood, the…
(Bloomberg) — Spirit Airlines Inc. is closing in on a deal with creditors that would restructure its crushing debt load in bankruptcy court after discussions for a tie-up with rival Frontier Group Holdings Inc. fell apart. Most Read from Bloomberg In a filing late Tuesday, Spirit said it is in advanced talks with a super majority of its secured noteholders to hammer out a restructuring. That would be carried out in a Chapter 11 bankruptcy process, according to people with knowledge of the matter, who asked not to be identified discussing private talks. An agreement with creditors is “expected to…
Risk management is so simple a concept and so central to financial analysis that it feels superfluous to even mention it. Yet when it comes to climate change and sustainability, efforts are under way across the United States to impede our ability as investors to conduct simple risk management. Policymakers have proposed and even passed laws that make it more difficult, if not illegal, for investors to consider the financial risks of climate change. These efforts are misguided. The freedom to invest responsibly and the principle of risk management must be defended, and that requires us to go back to…
By Praveen Paramasivam and Shivangi Acharya CHENNAI/NEW DELHI – India’s city dwellers are cutting spending on everything from cookies to fast food as persistently high inflation squeezes middle class budgets, threatening the country’s brisk economic growth. Slowing urban spending over the past three to four months has not only hurt the earnings of largest consumer goods firms, it has raised questions about the structural nature of India’s long-term economic success. Since the end of the pandemic, India’s economic growth has been driven in large part by urban consumption, however, that now seems to be changing. “There is a top end…
The Brújula Verde project aims to restore land degraded from wildfires and agricultural activities in Colombia’s Orinoco River Basin. Source link
By Danielle Broadway (Reuters) – Actor and director John Krasinski was named People magazine’s “sexiest man alive” for 2024 on Wednesday, taking over the mantle from “Grey’s Anatomy” actor Patrick Dempsey. “Just immediate blackout, actually. Zero thoughts,” Krasinski told People in reaction to the news. The actor is perhaps best known for his sardonic nice guy role in the television comedy “The Office”. “Other than maybe I’m being punked. That’s not how I wake up, thinking, ‘Is this the day that I’ll be asked to be Sexiest Man Alive?’ And yet it was the day you guys did it. You…