The electric air taxi revolution is gaining momentum, with numerous startups developing innovative aircraft for urban transportation. Joby Aviation, a California based company, is one such startup focused on creating electric vertical take off and landing (eVTOL) aircraft. Joby’s vision is to revolutionize urban mobility by providing a sustainable, efficient, and convenient transportation option. Toyota, a Japanese automaker, has been a significant investor in Joby since 2017, supporting its eVTOL development with substantial funding and technical expertise. Toyota’s investment in Joby is a strategic move to position itself as a leader in the emerging electric aviation industry. Toyota’s $500M Boost…
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Image source: Getty Images Buying shares to earn passive income has worked for millions of people over centuries. It does not always work: dividends are never guaranteed, so it is important to choose carefully. But by taking time and research to try and buy into great companies when their shares offer both a good share price and strong income prospects, I think I could aim to build up substantial long-term passive income streams even from relatively modest contributions. If I had a spare £200 per month to put into this plan, here is how I would target annual passive income…
Diversification is a key tool for dealing with stock price volatility. Of course, the aim of the game is to pick stocks that do better than an index fund. One such company is Old National Bancorp (NASDAQ:ONB), which saw its share price increase 34% in the last year, slightly above the market return of around 34% (not including dividends). However, the longer term returns haven’t been so impressive, with the stock up just 9.9% in the last three years.Let’s take a look at the underlying fundamentals over the longer term, and see if they’ve been consistent with shareholders returns. Check…
The 2025 Ford Expedition and Expedition Max, while touted as “all-new” by the automaker, face stiff competition in the full size SUV segment. Despite the significant upgrades, including a new Tremor off road package, a split tailgate, and improved interior features, the Expedition’s adoption of a smaller steering wheel might alienate some buyers. The SUV is set to hit dealerships in the spring of 2025, and it remains to be seen if its combination of practicality and luxury will be enough to secure its place as a top contender. The Expedition’s competitors, such as the Chevrolet Tahoe and Suburban, GMC…
TOKYO (Reuters) -Leaders of the group of atomic bomb survivors awarded the Nobel Peace Prize warned on Saturday that the risk of nuclear war was rising, renewing their call to abolish nuclear weapons. “The international situation is getting progressively worse, and now wars are being waged as countries threaten the use of nuclear weapons,” said Shigemitsu Tanaka, a survivor of the 1945 U.S. bombing of Nagasaki and co-head of the Nihon Hidankyo group. “I fear that we as humankind are on the path to self-destruction. The only way to stop that is to abolish nuclear,” he said. In awarding the…
Key TakeawaysMost exchange-traded fund investors say that economic and political events such as high inflation and the election have had no effect on how they invest in ETFs, according to a new report by Charles Schwab Asset Management.ETF investors are more enthusiastic about tech and growth stocks than they were last year.Younger generations of investors are more likely than older generations to express interest in investments like crypto and alternative ETFs.Millennials also want to increase their allocation to fixed-income ETFs.Market volatility, high interest rates, inflation and the upcoming presidential election haven’t affected the investment strategies of most exchange-traded fund (ETF) investors.Most…
FCA US LLC has initiated a recall affecting 129,313 pre-facelift Ram 1500 pickup trucks due to a malfunctioning turn signal self canceling feature. According to Stellantis, the issue lies with the steering column control module (SCCM), which may not function as intended. The affected SCCMs were manufactured by BCS Automotive Interface Solutions in Mexico. The recall campaign was prompted by a February 22, 2024, investigation into the problem. After a thorough review by FCA’s engineering and manufacturing divisions, the automaker determined that the faulty SCCMs were noncompliant with Federal Motor Vehicle Safety Standard 108. Ram 1500 Recall (Ram) Despite identifying…
The 1984 Chevrolet C10 is a classic pickup truck that has been reimagined in a way that is both stunning and functional. Texas-based Hill’s Hot Rods have taken this iconic vehicle and transformed it into a modern masterpiece that is sure to turn heads. With a sleek and aggressive exterior, this C10 is a sight to behold. The shaved door handles, tailgate, fuel door, and bed stake pockets give the truck a clean and minimalist look. The front and rear bumpers have also been shaved, and the hood has been replaced with a cowl-induction style one. 1984 Chevrolet C10 Revamped…
Image source: Getty Images It’s estimated that the average person in the UK today has around £11k in savings. That’s easily enough to start investing in the stock market and build up a nice second income. Let’s assume I keep back a couple of grand for emergencies (always advisable) and want to invest the rest in the stock market. Here’s how I’d go about it. Start investing A Stocks and Shares ISA would be my first port of call. Investing in one of these would shelter my gains from tax, helping boost my overall wealth in the long run. I’d want…
Nissan is recalling over 23,000 Leaf electric vehicles due to a potential battery overheating issue that can occur during rapid charging. The affected models, produced between 2018 and 2020, are equipped with Level 3 charging capabilities using the CHAdeMO connector. The automaker has identified excessive lithium deposits within the battery cells as the cause of the problem. These deposits lead to increased electrical resistance, which can cause the battery to overheat and potentially malfunction. Owners of affected Leaf models may notice unusual thermal odors or interruptions during rapid charging. In some cases, the battery may even shut down completely to…