The Formula 1 Safety Car is a crucial part of every race, ensuring the safety of drivers, track workers, and spectators. It comes into action when dangerous situations arise, such as accidents or unsafe track conditions. Its job is not only to protect, but also to keep the race flowing smoothly during challenging moments. The concept of the Safety Car was introduced in 1973 in Canada, but its first deployment caused a bit of confusion during the race. For the first 20 years, high-performance cars from various manufacturers served as the Safety Car, depending on the track. However, it wasn’t…
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With SUVs becoming a dominant force in the American market, it’s no surprise that automakers are transforming some of their top SUV models into track-ready beasts. According to Good Car Bad Car, SUVs now account for a staggering 46% of the U.S. market, solidifying their place as a cornerstone of the automotive industry. What’s even more interesting is that luxury and supercar brands are being bolstered financially by the sales of these high-demand SUVs. This influx of capital allows manufacturers to continue developing, producing, and perfecting some of the most iconic sports cars. Take Porsche, for instance. The brand, traditionally…
Pedestrians walk past a Coach store and a Michael Kors store.Scott Olson | Getty ImagesA federal judge blocked Tapestry’s acquisition of Capri on Thursday following a brief trial last month in New York. In her order, Judge Jennifer Rochon granted the Federal Trade Commission’s motion for a preliminary injunction to block the proposed merger, which would marry America’s two largest luxury houses and put six fashion brands under one company: Tapestry’s Coach, Kate Spade and Stuart Weitzman with Capri’s Versace, Jimmy Choo and Michael Kors. Tapestry’s stock surged 14% after the order was filed while Capri’s plunged more than 52%.Representatives for…
Twin Cities PBS (TPT) is making important upgrades to its broadcast technology, ensuring a more reliable and seamless viewing experience for all our members and viewers. Starting in late October, TPT will begin transitioning to a new broadcast system that will enhance the quality of our signal and reduce the risk of glitches or interruptions on TPT’s channels – TPT 2, TPT LIFE, TPT MN and TPT KIDS. This upgrade showcases our ongoing commitment to investing in the future and delivering the best possible service to our community.What You Need to Know: Minimal Disruption: For viewers, this transition should be…
Anthony Davidson, a former F1 driver and current analyst, has called on Max Verstappen’s competitors to step up their game if they want to break the dominance of the three-time World Champion in the 2024 season. Despite his unprecedented success, Verstappen has faced some setbacks in recent races, ending his invincible streak. However, after winning the Sprint and finishing ahead of his closest rival, Lando Norris, at the United States Grand Prix, Davidson believes Verstappen is still the driver to beat. Davidson highlighted that Formula 1 has become more unpredictable this season, with races no longer having a guaranteed winner.…
Tesla delivered better-than-expected 3rd-quarter earnings and profits, bringing relief to investors while reversing a trend of declining earnings. The electric vehicle (EV) maker saw its first year-over-year profit growth in 2024, beating expectations in its 2024 Q3 report. More remarkably, Tesla shows an impressive $739 million carbon credit, also called regulatory credits, revenue for the said quarter. The company reaffirmed its plans to make its EVs more affordable, which added to investor enthusiasm. Tesla Recharges Earnings with Cash Flow from Carbon The EV giant’s revenue rose 7.8% year-over-year to $25.18 billion, although this fell short of analyst forecasts. However, the…
Investing in U.S. Financial History: Understanding the Past to Forecast the Future. 2024. Mark J. Higgins, CFA, CFP. Greenleaf Book Group Press. Chronicling the United States’ entire financial history from the 18th century onward is a highly ambitious but essential undertaking. The most recent such effort, prior to the book under review, was Jerry W. Markham’s multi-volume Financial History of the United States series. Other century-spanning histories appeared much earlier and consequently do not capitalize on the experience and scholarship of the last several decades. These include Paul Studenski and Herman Edward Krooss’s Financial History of the United States and…
Adding gold to your portfolio could have big benefits this November, even as a beginner investor. Getty Images Gold’s meteoric rise in 2024 has captured the attention of investors across the globe, as the precious metal has shattered numerous price records and posted gains of about 33% year-to-date — far outpacing the returns on more traditional investments. This remarkable performance hasn’t just been appealing to seasoned investors, either. It has also sparked interest among newcomers to the investment world, many of whom see the potential for significant returns in an asset traditionally known more for stability than dramatic growth. The allure…
Fernando Alonso, on the eve of his 400th Grand Prix weekend, was forced to skip Thursday’s media day and FIA press conference ahead of the Mexico City Grand Prix. Alonso’s milestone weekend at the Autodromo Hermanos Rodriguez got off to a rough start as Aston Martin announced that the Spaniard was feeling unwell. As a result, he was unable to attend the day’s media duties after arriving in Mexico following the previous weekend’s race in Texas. The team shared that Alonso was focusing on recovery and aimed to return for Free Practice 2 on Friday. In addition to missing the…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. On CNBC’s “Mad Money Lightning Round,” Jim Cramer said Travere Therapeutics, Inc. (NASDAQ:TVTX) is losing a “ton of money.” Travere Therapeutics will report third-quarter financial results before the opening bell on Thursday, Oct. 31. Analysts expect the company to report a quarterly loss of 66 cents per share, compared to a year-ago profit of $1.97 per share. “There is no level that the buyers won’t take this stock higher. So I’m going to tell you that I would hold on to it as…