Author: Daniel snow

A Cadillac all-electric 2025 Escalade IQ luxury SUV is displayed during press day of the North American International Auto Show in Detroit, Michigan, September 14, 2023.Rebecca Cook | ReutersDETROIT — Cadillac’s expanding all-electric vehicle lineup is attracting a notable number of new buyers to the American luxury brand, including an increase this year of Tesla owners trading in their EVs.The General Motors brand reports nearly 8 out of every 10 customers purchasing a Cadillac EV are new to Cadillac, with around 10% of those customers trading in a Tesla. That includes roughly 25% of customers trading in a Tesla this…

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Elon Musk, chief executive officer of Tesla Inc., speaks via video link at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 20, 2025. Bloomberg | Bloomberg | Getty ImagesTesla CEO Elon Musk on Tuesday committed to leading the electric-vehicle-maker for the next five years. “Yes, no doubt about that at all,” Musk said in an interview at Bloomberg’s Qatar Economic Forum in Abu Dhabi.Musk’s comments come after some investors have questioned his dedication to Tesla. He has been serving as a key advisor to President Donald Trump in leading the so-called Department of Government Efficiency, which has…

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Tom Brady attends Fanatics Fest NYC 2024 at Jacob Javits Center in New York City on Aug. 16, 2024.Dave Kotinsky | Getty Images Entertainment | Getty ImagesSports giant Fanatics is pitting fans against greats Tom Brady, Kevin Durant and Alex Rodriguez at an upcoming marketing event.The company announced Tuesday it is introducing a skills-based competition at Fanatics Fest 2025, taking place June 20-22 in New York City. Fanatics says more than $2 million will be given away in prizes, including a $1 million cash prize for first place, a Ferrari 812 GTS for second place and a Lebron James collectors…

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Mark Uyeda, commissioner at the US Securities and Exchange Commission (SEC), speaks during the 2024 Financial Markets Quality Conference at Georgetown University in Washington, DC, US, on Tuesday, Sept. 17, 2024. Al Drago | Bloomberg | Getty ImagesThe Securities and Exchange Commission is close to allowing dozens of asset managers to blur the lines between exchange traded funds and mutual funds, in a move that would give investors more choice while also raising some potential tax risks.More than 50 asset managers have petitioned the SEC for exemptive relief in order to offer an ETF share class of an existing mutual fund.…

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As a pediatrician, I spend a lot of time engaging with families about nutrition. My philosophy is simple: If you empower a child to embrace healthy eating habits early on, they are more likely to carry these positive behaviors into adulthood. Early intervention can be transformative and help substantially reduce their long-term risk of developing chronic conditions such as diabetes, heart disease and even certain types of cancer.Many parents already know the importance of feeding kids vegetables and limiting added sugar. We often discuss “eating the rainbow,” emphasizing the need for a diverse range of colorful fruits and vegetables. Parents frequently…

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My top 10 things to watch Tuesday, May 20 1. Shares of Club name Home Depot are higher after earnings this morning. Monthly sales cadence was great, with March and April improving after a weak February. It also reaffirmed its full-year guidance and said it won’t raise prices due to tariffs. Shares of the home improvement retailer gained 2.4%. 2. Advanced Micro Devices sold off the server manufacturing business of recently acquired ZT Systems to Sanmina for $3 billion. I had hoped for a $5 billion sale, so I’m not that excited. AMD’s reason for buying ZT was its engineers…

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Sam Altman, chief executive officer (CEO) of OpenAI and inventor of the AI software ChatGPT, joins the Technical University of Munich (TUM) for a panel discussion. Sven Hoppe | Picture Alliance | Getty ImagesVenture capital firms focused on artificial intelligence are driving much of the growth in the startup market, while companies in other areas are struggling to raise cash, according to a report from Silicon Valley Bank.About 40% of the total amount raised by U.S. venture funds last year was from funds that “list AI as a focus,” SVB said in its “State of enterprise software” report published on Tuesday.…

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Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesD-Wave Quantum’s latest quantum computing system has hit the market, the company said Tuesday. Shares popped more than 18%. The quantum computer, known as Advantage2, marks the sixth iteration from the company and its most advance system, D-Wave said.”It’s an engineering marvel, with substantial technical advancements that highlight D-Wave’s progress in scaling quantum technology to meet industry demands for growing computational processing power while maintaining energy efficiency,” said CEO Alan Baratz in a press release. Quantum computing companies promising to perform intricate computing tasks unachievable by regular computers have garnered the…

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