Tom Stallard, a race engineer at McLaren, has shared impressive insights into Oscar Piastri’s rapid adaptation during his initial simulator session with the team. Piastri, who transitioned from a reserve role at Alpine to become a full-time driver for McLaren last season, has quickly established himself as a competitive contender in the 2024 F1 season, currently holding fourth place in the Drivers’ standings. Stallard’s observations highlight Piastri’s remarkable skills and ability to perform under challenging conditions, showcasing his potential as a top-tier driver. During Piastri’s first session, he faced a technical issue with the simulator that prevented him from receiving…
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Sergio Perez is under increasing pressure regarding his performance as Liam Lawson emerges as a potential contender for his Red Bull seat. Lawson has been brought back to Red Bull’s junior team, VCARB, for the last six races of the season after being called up to replace the struggling Daniel Ricciardo. This development places Perez in a precarious position, as Red Bull looks to secure a strong teammate for Max Verstappen for the 2025 season. Initially, Red Bull hoped that Ricciardo’s return would create enough competition to push Perez out of the team. However, Ricciardo’s disappointing results led to his…
BRASILIA (Reuters) – Brazil’s securities regulator CVM accused eight former executives of retailer Americanas of insider trading involving the company’s securities ahead of the disclosure of a high-profile accounting scandal in 2023. In a statement late on Friday, the CVM said that after concluding an administrative inquiry, it gathered “robust, compelling, and convergent elements” to support the accusations against former CEO Miguel Gutierrez and seven other former executives, including Jose Timotheo de Barros and Anna Christina Saicali. Americanas said the findings from investigations carried out by its independent committee and authorities show it was the victim of a “complex accounting…
I earned $113.30 in dividends from my taxable brokerage account this cycle.I’m disappointed. My dividend payouts are dwindling, and I don’t like it. But that tells you how far we’ve come in our investing journey.Less than two years ago, I dutifully tracked every penny we earned in dividends. I still do. Only then, I wrote each deposit on a blank sheet of printing paper. I proudly pinned it to our refrigerator. I still have the December 2022 sheet that shows we pulled in $62.60 in dividends from 20 companies that month.Since then, much has changed with both my portfolio and…
The past few years have marked a renaissance in the popularity of stock splits. The practice was commonplace during the 1990s but had fallen out of favor, only to be discovered by a new generation of investors over the past few years. Companies will generally make the decision to split their shares after years of strong growth and solid financial results that fuel a surging stock price.This year provides a few excellent examples:Nvidia (NASDAQ: NVDA) executed a 10-for-1 split payable June 7, 2024.Chipotle announced a 50-for-1 split payable June 25, 2024.Broadcom delivered a 10-for-1 split payable July 12, 2024.Super Micro…
Construction of a KB Home single-family housing development is shown in Menifee, California, on Sept. 4, 2024.Mike Blake | ReutersBoth presidential candidates promise to build more homes. One promises to deport hundreds of thousands of people who build them.Former President Donald Trump’s pledge to “launch the largest deportation operation in the history of our country” would hamstring construction firms already facing labor shortages and push record home prices higher, say industry leaders, contractors and economists.”It would be detrimental to the construction industry and our labor supply and exacerbate our housing affordability problems,” said Jim Tobin, CEO of the National Association of Home Builders. The trade…
Hyundai’s electric vehicle lineup is expanding rapidly, encompassing various models to cater to different preferences and budgets. The recently introduced Inster EV, a compact crossover, is set to receive a more rugged variant called the Inster Cross. Despite its off road inspired appearance, the Inster Cross remains a primarily city focused vehicle. Earlier this year, Hyundai launched the Inster EV in Europe, a rebranded version of the Casper supermini originally sold in South Korea. The Inster EV boasts a larger footprint than its ICE predecessor to accommodate the battery pack, positioning it between the A and B segment models in…
SHENGJIN, Albania (Reuters) – An Italian coastguard vessel collected migrants held in reception centres in Albania on Saturday to transfer them to Italy, after a court ruling dealt a blow to Rome’s plans to house migrants picked up at sea outside the EU. The Italian government vowed on Friday to push ahead with Prime Minister Giorgia Meloni’s flagship project to divert asylum-seekers abroad, saying it would appeal against the legal decision that migrants in reception centres in Albania should be taken to Italy. A cabinet meeting will be held on Monday to decide on the government’s response. The migrants were…
The automotive industry is undergoing a resurgence as classic car events return and new models are revealed at the Paris Motor Show. In the United States, however, the spotlight is on recent trends and the performance of various brands. Stellantis, for example, is grappling with a decline in sales, while some brands are defying expectations by focusing exclusively on crossovers, SUVs, and trucks. Ford Motor Company, despite its limited passenger car lineup, has achieved remarkable sales figures, primarily driven by the success of its Maverick pickup truck. The refreshed 2025 Ford Maverick, with its new Lobo street truck trim, is…
Mortgage rates stayed high despite rate cuts, attracting cash-heavy investors to the housing market.Despite values dropping in some areas, those selling are still raking in gains.Cities like San Jose and Denver are seeing investor interest, while Oakland and Providence declined. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. Despite the central bank cutting interest…