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Hyundai will invest $5.5 billion to manufacture electric EVs and batteries in Georgia

Hyundai Motor stated on Friday that it will invest $5.54 billion in the United States to develop its first dedicated electric vehicle and battery manufacturing facility. The factories will be located in Bryan County, Georgia, just outside of Savannah, according to the firm. According to the South Korean manufacturer, the activities are planned to commence…

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Netflix is losing more long-term subscribers, according to a survey

According to a study from The Information, more long-term Netflix members are abandoning their subscriptions. According to survey data obtained by the outlet, in the first quarter of 2022, users who had been with the service for more than three years accounted for 13% of cancellations. The data was obtained by The Information from Antenna,…

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FDA has said that it will make it simpler to import some baby formulas to ease shortage

As part of its efforts to ease a statewide shortage, the US Food and Drug Administration announced Monday that it is making it simpler to import certain infant formulae. According to the EPA, the US produces 98 percent of the infant formula it consumes, with imported formula mostly coming from Mexico, Ireland, and the Netherlands.…

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‘The Rock,’ the biggest white diamond at any point unloaded, sells for $21.9M

The biggest white precious stone at any point unloaded sold for an incredible $21.9 million at Christie’s yearly Magnificent Jewels deal yesterday. The 228.31-carat show-stopper was offered to an individual whom Christie’s wouldn’t name or try and refer to where they reside. One of the precious stone’s three past purchasers was situated in the US;…

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Asian stocks follow Wall Street down on rate climb, economy worries

BEIJING (AP) — Asian stocks followed Wall Street lower Tuesday as fears expanded that U.S. rate climbs to battle expansion could slow down financial development. Market benchmarks in Tokyo, Hong Kong, Seoul and Sydney fell. Shanghai progressed. Oil costs fell more than $1 yet remained above $100 per barrel. Money Street’s benchmark S&P 500 file…

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According to reports, some new BMWs will not have Android Auto or Apple CarPlay

According to Automotive News Europe, BMW is temporarily shipping some new vehicles without compatibility for Android Auto and Apple CarPlay due to a change in chip suppliers. The new supplier’s processors are reportedly not yet compatible with Android Auto and CarPlay, and will require an update to make the software work. “The chips built into…

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NASA and Boeing say Starliner is on track to launch on May 19th

Officials confirmed Tuesday that Boeing’s Starliner spacecraft is finally ready to retry a critical test launch to the International Space Station on May 19. The uncrewed trip, dubbed OFT-2, is an important step toward certifying the spaceship for carrying passengers in the future, providing NASA a second taxi operator to complement SpaceX. Boeing, which was…

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According to Ford, F-150 Lightning is more powerful than it was previously announced

According to a news report from Ford, the electric F-150 Lightning began shipping on April 26th, and it already has a surprise in store for soon-to-be owners: all versions of the truck will have higher horsepower than originally announced, and the standard range model will have an even higher payload capacity. While this is great…

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Boeing postpones the launch of its newest plane due to soaring losses

Boeing continues to receive negative news. The launch of the airline’s newest passenger plane has been postponed until 2025, and the corporation reported a significantly larger-than-expected quarterly deficit. The aircraft manufacturer revealed on Wednesday that production of its 777X passenger plane, which it hoped to begin delivering to customers by the end of 2023, will…

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