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The Latest Breaking News from Wikimedia Commons

Porsche AG Sets High Bar For Electric Vehicles

Volkswagen AG (OTC:VWAGY) owned luxury sports car maker Porsche AG has set forth an upbeat target for its electric vehicles, Reuters reported. Porsche said it expects more than 80% of newly sold Porsche vehicles to be fully electric in 2030. In an annual press conference, its chief finance officer said Porsche had set 15%…

Alibaba Looks To Slash Workforce By 30% After Its MMC Division Decides To Lay off 20% Employees

Alibaba Looks To Slash Workforce By 30% After Its MMC Division Decides To Lay off 20% Employees

Alibaba Group Holding Ltd (NYSE:BABA) and Tencent Holdings Ltd (OTC:TCEHY) employees saw a job cut of 30%, the Print reports as per speculation on Weibo Corp (NASDAQ:WB). Internal speculation among employees was that Alibaba looked to lay off 30% of its employees while Tencent between 10% - 30% of its employees. Tencent started layoffs within small business…

Irish Data Watchdog, South African Competition Commission Penalize Facebook Parent Meta

Irish Data Watchdog, South African Competition Commission Penalize Facebook Parent Meta

Privacy watchdog Irish Data Protection Commission penalized Meta Platforms Inc (NASDAQ:FB) €17 million ($19 million) for failing to prevent a series of data breaches on its Facebook platform in 2018, Bloomberg reports. The breach affected up to 50 million accounts. "This fine is about record-keeping practices from 2018 that we have since updated,…

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Goldman Sachs Trims US Growth Forecast On Rising Commodity Prices: Reuters

Goldman Sachs Group Inc (NYSE:GS) analysts downgraded forecasts for U.S. economic growth for this year, reckoning that spikes in oil and other commodities since Russia's invasion of Ukraine will hurt spending, reported Reuters. The investment bank cut its annualized growth forecast to 2.9% against a previous expectation of 3.1%. It expects fourth-quarter…

El Pollo LoCo Stock Surges On Q4 Earnings Beat, Names Laurance "Larry" Roberts CEO

El Pollo LoCo Holdings Inc (NASDAQ:LOCO) reported a fourth-quarter revenue decline of 1.3% year-over-year to $108.96 million, beating the consensus of $108.58 million. Franchise revenue in the quarter increased by 12.6% Y/Y to $15.3 million. System-wide comparable restaurant sales increased 11%. Adjusted EPS improved to $0.17 from $0.16, beating the consensus of $0.12.…

LSD And Magic Mushroom's Active Compound Appear To Have The Same Effects, New Study Finds

A new peer-reviewed study compared the effects of LSD and psilocybin, two substances currently standing as top molecules behind the recent psychedelic medicine boom. While both compounds have a rich history of human use, not much research has been dedicated to contrasting the effects they produce in human psychology. The…

Researcher Portrayed In Hollywood Movie By Alec Baldwin Joins Psychedelics Company

In 2015, the movie Concussion, starring Will Smith and Alec Baldwin, told the true story of a doctor and his fight against the National Football League to suppress his research on chronic traumatic encephalopathy CTE), a degenerative brain condition suffered by professional football players, as well as other athletes and as victims of…

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Queen Elizabeth II has COVID-19, but she's not the first monarch caught up in a pandemic

Queen Elizabeth II has COVID-19, but she's not the first monarch caught up in a pandemic

The Queen's COVID-19 diagnosis adds another chapter to the long history of deadly diseases breaching the palace walls, including bubonic plague, smallpox and influenza.

The Revolt of the Canadian Truckers

The Revolt of the Canadian Truckers

In an age of elite scorn, government mandates, a rotten economy—and powerful, decentralized communication tools—common people are pushing back.

Why the Olympics Suck So Hard

Why the Olympics Suck So Hard

And how to make them great again.

N.Y. Can't Teach Kids To Read on $30,000 a Year

N.Y. Can't Teach Kids To Read on $30,000 a Year

Inflation-adjusted revenue per student in public schools is up 68 percent in the Empire State—and 24 percent nationally—over the past two decades. Time for School Choice.

How Progressives Ruined San Francisco: Michael Shellenberger

How Progressives Ruined San Francisco: Michael Shellenberger

The author of the new book "San Fransicko", says the homelessness crisis is an addiction and mental health crisis enabled by policies that permit open-air drug scenes on public property and prevent police from enforcing laws

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