Car cooling systems are essential to prevent an engine from overheating or underperforming. Excess heat can cause engine components to expand and seize, while too little heat can reduce efficiency and cause wear. Despite significant advancements in car powertrains, cooling systems have remained relatively unchanged, though they have become more compact and efficient to meet modern demands for lower emissions and improved fuel efficiency. Understanding how the car cooling system works and how to maintain it is crucial for vehicle longevity. Most modern cars use liquid cooling systems instead of the older air-cooled systems seen in cars like the original…
Author: user
FTX, FTX Digital Markets and former Alameda Research co-CEO Sam Trabucco have reached a settlement agreement in the United States Bankruptcy Court for the District of Delaware. Trabucco has maintained a low profile since leaving FTX just months before its collapse.Agreeing to save time and moneyIn a motion that will be heard on Dec. 12, the parties agreed that Trabucco will transfer the titles to two apartments in San Francisco worth $8.7 million and his 53-foot yacht worth $2.5 million to FTX Debtors. In addition, he will drop claims against FTX worth $70 million and FTX will release him from…
Interest rates are like the weather. We can prepare for typical fluctuations, but sudden changes can still catch us by surprise. After the global financial crisis (GFC), for example, we enjoyed a decade of clear skies and low rates. Even as the winds rose in 2019 and the economy struggled with a higher federal funds rate, the gusts soon dissipated and zero interest rates returned. But in the last two years, the interest rate equivalent of a violent storm has descended. Desperate to battle inflation, the US Federal Reserve has hiked at an unprecedented pace as the federal funds rate…
NORTHVILLE, Mich., Nov. 11, 2024 (GLOBE NEWSWIRE) — Gentherm (NASDAQ: NASDAQ:), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced that the fireside chat with Phil Eyler, President and CEO, at the 2024 Baird Global Industrial Conference in Chicago will now begin at 7:55 am CST on Tuesday, November 12, 2024. The fireside chat will last for approximately 30 minutes. There will be a live webcast of the presentation, and a replay will be available for 90 days following the presentation on…
The suspension system of a vehicle is crucial for ensuring a smooth and comfortable ride by absorbing the bumps and dips on the road. It consists of several components, including shock absorbers, struts, coil springs, leaf springs, and tires. These parts work together to reduce the impact of road imperfections, providing stability, comfort, and overall safety for the driver and passengers. Additionally, the suspension system helps maintain the longevity of the vehicle by preventing excessive wear on other components, such as the tires and steering system. While professional maintenance is vital for the suspension system, there are some simple maintenance…
Changing your car’s air filter is crucial for maintaining your vehicle’s health and performance. Experts generally recommend replacing the air filter every 12,000 to 15,000 miles, though this can vary based on driving conditions and the type of vehicle. A clean air filter ensures efficient airflow to the engine, which is vital for optimal engine function and fuel efficiency. However, neglecting to replace the filter at the appropriate intervals can lead to performance issues and engine strain. The air filter plays an essential role in protecting the engine by blocking dirt and contaminants from entering the system. Over time, the…
(Reuters) – Singapore’s Grab Holdings (NASDAQ:) raised its forecast for fiscal 2024 revenue on Monday, as it anticipates robust growth in its food delivery and ride-hailing businesses. U.S.-listed shares of the company rose 9% in extended trading. The company expects revenue in the range of $2.76 billion to $2.78 billion, compared with its prior projection of between $2.70 billion and $2.75 billion. Its mainstay food delivery business has been recovering from a post-pandemic slump in demand as consumers increase their discretionary spending budgets in a sign of economic easing. “We remain bullish on the long-term growth outlook of Southeast Asia,…
Key Takeaways Investments tied to cryptocurrencies surged as the excitement over Donald Trump’s victory in the presidential election continued.Bitcoin traded at yet another all-time high, surpassing $88,000.MicroStrategy, the biggest corporate holder of bitcoin, announced it had just paid $2.03 billion to purchase another 27,200 bitcoin. The cryptocurrency euphoria that followed Donald Trump’s victory in the U.S. presidential election continued Monday, with everything tied to the digital currency industry powering ahead. Bitcoin once again traded at an all-time high, ealier surpassing $88,000. Shares of companies in the sector, including Robinhood Markets (HOOD), Coinbase Global (COIN), Riot Platforms (RIOT), and Marathon Digital…
The transmission system in your vehicle is essential for converting engine power into the motion needed to move your car forward or backward at varying speeds. There are two types of transmissions: automatic, which shifts gears on its own, and manual, where the driver selects gears manually. A well-functioning transmission is crucial for a smooth and efficient driving experience, ensuring that your vehicle accelerates and shifts gears properly. Regular transmission maintenance is vital to prevent common problems that can arise, such as slipping gears, rough shifting, unusual noises, and warning lights on your dashboard. Slipping gears can result in loss…
James Joaquin of Obvious Ventures says there’s data that supports it could be an optimistic time to invest in climate change under the new Trump administration. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” (Source: Bloomberg) Source link