In the late 1960s and early 1970s, Buick ruled the muscle car roost with its potent GS models. The GS 455 and GSX, in particular, were formidable machines that left competitors in their wake. However, the era of big displacement engines came to an abrupt end with the onset of the 1970s energy crisis and tightening emissions regulations. Buick, like many American automakers, struggled to adapt to this new reality. While the brand continued to produce luxury sedans, its sporty heritage was somewhat overshadowed. Yet, in the early 1980s, Buick would surprise everyone with a performance coupe that defied expectations:…
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By Francois Murphy VIENNA (Reuters) -Austrian President Alexander Van der Bellen on Tuesday tasked Chancellor Karl Nehammer, leader of the conservative People’s Party, with forming a government over the objections of the far-right Freedom Party, which won last month’s general election. The eurosceptic, Russia-friendly Freedom Party (FPO) came out top in the election on Sept. 29 for the first time in its history. But with around 29% of the vote it would need to assemble a coalition to command a majority in parliament and form a government. FPO leader Herbert Kickl has said he would be chancellor in an FPO-led…
Governors Present Bold Vision for Investing in a New Forest Economy As global leaders gather in Cali for COP16 and devastating fires continue across the Amazon, we should look to subnational groups for solutions to both the climate and biodiversity loss crisis. The world has continued to watch as fires burn – yet again – across much of the Amazon basin. With historic droughts and ongoing lack of resources to tackle these fires and their underlying causes, they have ravaged millions of hectares of forests, communities, and wildlife habitat in Bolivia, Peru, Brazil, and beyond. These fires, often deliberately set…
Stellantis controlled FCA US LLC has announced two recalls for Ram 1500 Classic trucks equipped with driver-side heated trailer tow rearview mirrors. The recalls affect 2020-2023 model year trucks and Mopar replacement parts. The company discovered that the rearview mirror glass may detach from the backing plate, posing a safety risk. FCA US LLC will replace the suspect glass at no cost to owners. The affected mirror glass part numbers are 68286843AA, 68582424AA, 68582415AA, and 68462879AA. Ram 1500 Classic Trucks Recall for Mirror Defects: What Owners Need to Know (Ram) The factory issue glass fitted to 2020-2023 Ram 1500 Classic…
Lockheed Martin (NYSE: LMT) beat on earnings but missed on revenue because of F-35 delivery delays, and narrowed its full-year guidance. Investors were underwhelmed by the news, sending Lockheed shares down 5% as of 10:30 a.m. ET.A solid quarter beneath the surfaceLockheed Martin, the world’s largest defense contractor, earned $6.80 per share on sales of $17.1 billion in the third quarter. That’s a mixed result relative to Wall Street’s $6.50 per share on sales of a $17.4 billion consensus estimate.Delivery delays with the F-35 aircraft resulted in a $400 million sales headwind in the quarter, but the company expects to…
The iconic Chevrolet Monte Carlo, a staple of the 1980s automotive world, has been chosen by Goodguys Rod & Custom for their latest Grand Prize Giveaway Build. This restomod Monte Carlo SS will be a stunning blend of classic design and modern performance, capturing the essence of the era while delivering a driving experience fit for the 21st century. As a General Motors enthusiast and G-body fan, it’s hard to imagine a more iconic symbol of the 1980s than the fourth generation Monte Carlo. Introduced in 1978, this generation of the Monte Carlo was renowned for its sleek styling and…
Image source: Getty Images It’s a silly question really, asking who wants to be an ISA millionaire. Who doesn’t? To quote Groucho Marx, “While money can’t buy happiness, it certainly lets you choose your own form of misery”. Recent figures from HM Customs & Revenue show the number of people in the UK with ISA accounts worth £1m or more has shot up by more than 200% over the past three years. Now, according to analysis by InvestEngine, there are 3,180 people wallowing in their own form of misery with their money. That compares to just 1,030 in 2021. More…
Malcolm Forbes, a man of extraordinary wealth and indulgence, was known for his lavish lifestyle. From opulent mansions and private jets to a fleet of exotic cars, Forbes spared no expense in satisfying his desires. Among his impressive collection was a 1989 Aston Martin Lagonda, a four door sedan that stood out in an era dominated by the brand’s sports cars. Even after the car’s odometer reached its limit, Forbes remained so fond of it that he had it replaced under warranty. Beyond his automotive passions, Forbes’s interests extended to motorcycles, founding the Capitalist Tools motorcycle club and gifting Hollywood…
Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher. At the close in Casablanca, the added 0.04%. The best performers of the session on the were IB Maroc Com SA (CSE:), which rose 8.70% or 2.97 points to trade at 37.09 at the close. Meanwhile, Residences Dar Saada SA (CSE:) added 6.24% or 4.70 points to end at 80.00 and Fenie Brossette (CSE:) was up 4.60% or 4.70 points to 106.80 in late trade. The worst performers of the session were Miniere Touissit (CSE:), which fell 6.70% or…
The landscape of investing has undergone a seismic shift, with the advent of commission-free trading and low-cost ETFs. While this has empowered retail investors, it has also introduced new challenges. Fees have been significantly reduced, but investors now face less visible but equally harmful costs associated with increased risk. Vanguard founder John Bogle‘s “cost matters hypothesis” (CMH) was based on the mathematical truth that the sum of all active portfolios equals the market portfolio. From this it follows that the average return on all active portfolios must equal the market return, minus the fees charged by active investment managers. This…