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☆ Watch the $2 million Rimac Nevera hit 256 mph to become the world's fastest electric car
▼ + stars: | 2022-11-16 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

The Rimac Nevera is now the fastest production electric car in the world. The company said its supercar hit a blistering top speed of 256 mph. The $2 million Nevera supercar recently hit 256 mph, smashing the world record for speed in a production electric vehicle, Rimac announced on Tuesday. The Rimac Nevera. The Rimac Nevera.

☆ Amazon's job cut plans show that tech isn't out of the woods just yet
▼ + stars: | 2022-11-15 | by ( Matt Weinberger | ) www.businessinsider.com time to read: +6 min

Indeed, as Insider reported last week, Mark Zuckerberg isn't ruling out the possibility of more layoffs at Meta. Amazon CEO Andy Jassy Dan DeLong/GeekWire1. Meta CEO Mark Zuckerberg Photo by Liu Jie/Xinhua via Getty2. The tech titans are known for paying the big bucks, but that's not the only way to make it in tech. Tech leaders like Ancestry CEO Deb Liu and Scale AI CEO Lucy Guo will appear on stage.

☆ Tesla, Mercedes, and Jeep cars give owners the most problems, Consumer Reports says. These are the most and least reliable brands.
▼ + stars: | 2022-11-15 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

The nonprofit outlet surveyed vehicle owners about issues they've experienced with their cars' engines, transmissions, electronics, and more. It used their answers to predict how new cars from most brands will hold up over time. Pickup trucks at a car dealership in Littleton, Colorado. David Zalubowski/AP

☆ EV startup Lucid undercuts Tesla Model S with a car that can go 5 miles farther for $12,000 cheaper
▼ + stars: | 2022-11-15 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

It'll offer more range than Tesla's flagship Model S for $12,000 less. The all-wheel-drive Air Pure gets a range rating of 410 miles and is set to hit streets this year. It costs $92,900, around $12,000 less than the $104,990 Model S.The Lucid Air Pure. The Model S was the longest-range EV you could buy until the Air unseated it in 2021. The Lucid Air Pure.

☆ The $113,000 Hummer EV is packed with cool features, from a giant frunk to Crab Walk mode — see them all
▼ + stars: | 2022-11-15 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

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WASHINGTON — Races for more than a dozen House seats remained uncalled as of Monday afternoon, leaving political control of the chamber unknown nearly a week after voting in the 2022 midterms general election cycle concluded. Most of the 18 House seats that NBC News has not called are in California. That includes the competitive race between GOP Rep. David Valadao and his Democratic challenger Rudy Salas to represent the state's 22nd Congressional District. NBC News estimates Republicans will hold 219 seats, while Democrats will control 216 seats, with a plus-or-minus 4-seat margin of error. Members of the House Republican Conference are set to hold their closed-door election to pick their leaders for the new Congress on Tuesday.

☆ Amazon will reportedly cut 10,000 jobs as layoffs sweep the tech industry
▼ + stars: | 2022-11-14 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

Amazon plans to lay off roughly 10,000 white-collar employees, The New York Times reported Monday. Tech companies have laid off tens of thousands of workers this year as the US economy falters. Large tech companies have cut jobs left and right in 2022 as the US economy heads into increasingly uncertain territory. After completing his buyout of Twitter, Elon Musk promptly laid off roughly half of the social media firm's 7,500 employees. Ten thousand employees represents roughly 3% of Amazon's corporate workforce, the outlet said.

☆ I drove a $2 million electric car with 1,900 horsepower and saw the unimaginably fast future of supercars
▼ + stars: | 2022-11-12 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

I drove the Pininfarina Battista, a new electric supercar that costs $2.2 million and up. The Pininfarina Battista. Tim Levin/InsiderThe $2.2 million, 1,900-horsepower electric supercar is mind-bendingly, frighteningly quick, promising to hit 62 mph from a standstill in less than two seconds. The Pininfarina Battista. The Pininfarina Battista.

☆ Inside the frightening, thrilling experience of driving the quickest car in the world, the $2 million Pininfarina Battista
▼ + stars: | 2022-11-12 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

I tested the Pininfarina Battista, a dizzyingly quick electric supercar that costs $2.2 million and up. That's kind of what driving the Pininfarina Battista is like. The Pininfarina Battista. Tim Levin/InsiderThe $2.2 million, 1,900-horsepower electric supercar is mind-bendingly, frighteningly quick, recently claiming the world acceleration record for a street-legal car. The Pininfarina Battista.

☆ This new $450,000 electric car combines the retro style of a 1960s Mustang with the minimalist interior of a Tesla
▼ + stars: | 2022-11-12 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

I drove the Tesla Model Y and the Kia EV6 to see how the two electric SUVs stacked up. The Tesla Model Y. Tim Levin/InsiderTesla sells some of the longest-range EVs on the market. The Model Y. Tim Levin/InsiderSome buyers might prefer the Kia's sporty and bold interior over Tesla's minimalist and button-free aesthetic. The Model Y. Tim Levin/InsiderThe Model Y's big touchscreen makes it a tech fan's dream. But if you prize a minimalist interior, tech features out the wazoo, and Supercharger convenience, go with the Model Y.

In Arizona Senate, Democratic Sen. Mark Kelly is ahead of Republican Blake Masters by 115,000 votes with 80% in. On Dobbs, the national exit poll showed 27% of voters picking abortion as their No. And remember that our final NBC News poll found Trump as one of the most unpopular political figures we measured, especially compared with President Biden. In each state, those Democratic secretaries of state nominees were running against Republicans who cast doubt on the 2020 election result. Two of those five feature Democrat vs. Democrat contests, thanks to the state’s Top 2 primary, so those will stay in the Democratic column.

☆ A startup is reviving the classic 1967 Mustang as a brand-new, $450,000 electric sports car
▼ + stars: | 2022-11-10 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

Range is estimated at 200 miles, less than most new EVs on the market. Osy de Zegwaart said the car's battery capacity was limited by the Mustang's size. Plus, customers probably won't travel all that far in the '67 anyway, he said. The '67 by Charge Cars. Charge Cars

☆ Facebook has announced layoffs. Here's which teams are likely to be affected.
▼ + stars: | 2022-11-09 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

But in the tech world: There's one thing we can't seem to escape — layoffs. Elon Musk's Twitter is asking some laid-off workers if they want to come back. Meanwhile, some tech workers who have been laid off are taking to TikTok to post "get ready with me" videos wherein they film themselves — you guessed it — getting ready to be laid off. According to people familiar with the company, divisions including marketing, partnerships, HR, and engineering will be among the hardest hit. Elon Musk is looking to rehire Twitter workers.

☆ See Volvo's new, high-tech electric SUV that can tell if you're drunk, power your house, and go 300 miles without charging
▼ + stars: | 2022-11-09 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

Volvo is all about safety, so it included a huge array of cameras and sensors to help the EX90 "see" the world around it and react. Lots of computing power ties everything together. The Volvo EX90.

☆ Why Carvana stock dropped 97% in the past year as the auto resale success story became a used-car clunker
▼ + stars: | 2022-11-09 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

Slowing demand for used cars and high interest rates are making things difficult for Carvana. Supply chain snarls kicked off a shortage of new cars that sent buyers to the used market in droves. But now the used-car market is slowing down, dealing a blow to Carvana and other dealership chains. Carvana, known for its vehicle vending machines, chalked up the poor results to a challenging economy and slowing demand for used cars. AutoNation, the largest dealership chain in the US, issued a similar warning about used-car prices last month.

☆ Israel's president opens talks ahead of expected Netanyahu mandate
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +2 min

Herzog began consultations with political parties on Wednesday, meeting representatives from Netanyahu's Likud party, to be followed by meetings with other party representatives over the coming days. He said he expected to complete the talks on Friday and assign the task of forming a government on Sunday. Last week's election saw Netanyahu end a stalemate after five elections in less than four years. "There is a clear mandate from most of the public to form a right-wing government," he said. Earlier on Wednesday, Herzog issued a statement dismissing local reports that he was pushing for a unity government with outgoing centrist premier Yair Lapid and National Unity party leader Benny Gantz.

Rep. Mike Levin is running against Republican Brian Maryott in California's 49th Congressional District. 2022 General EmbedsCalifornia's 49th Congressional District candidatesLevin is serving his second term in the House and sits on the Committee of Veterans Affairs, where he is vice chairman. This is his third time running for the 49th Congressional District seat. Voting history for California's 49th Congressional DistrictCalifornia's 49th Congressional District is located in northern San Diego County and includes the cities of Oceanside and Encinitas. Republican hybrid PAC Congressional Leadership Fund leads all spenders, with Democratic hybrid PAC House Majority PAC and the Democratic Congressional Campaign Committee so far placing second and third.

☆ I tested six-figure electric cars from Porsche and Mercedes. I'd buy one for its stunning quickness and the other for its opulent interior.
▼ + stars: | 2022-11-08 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

The $209,000 Taycan Turbo S Cross Turismo Porsche lent me is the highest-performance Taycan available and the hatchback edition. Tim Levin/InsiderThe Mercedes smacks you right in the face with a plush, spacious interior filled with leather and high-end materials. Tim Levin/InsiderThe Porsche also has a long list of luxurious options, but it gives off a sportier vibe. VerdictThe 2021 Porsche Taycan Turbo S Cross Turismo. Tim Levin/InsiderThe Taycan Turbo S blew me away with its ridiculous quickness and fantastic handling.

☆ Meet the key people involved in the passing of the torch at Ray Dalio's Bridgewater Associates
▼ + stars: | 2022-11-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Co-CEOs of Bridgewater Associates Nir Bar Dea and Mark Bertolini. When it comes to the world of hedge funds, there's arguably no bigger name than Ray Dalio. It's not just the fact that Dalio grew Bridgewater Associates to the $150 billion behemoth that it is today. To be sure, Bridgewater isn't the only hedge fund in the midst of a changing of the guard. The dispute between billionaire Dan Och and Sculptor Capital Management doesn't seem like it'll be cooling off anytime soon.

☆ The electric Hummer will have a $4,000 e-bike counterpart that's just as outrageous
▼ + stars: | 2022-11-07 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

Come December, you'll be able to buy an e-bike inspired by the GMC Hummer EV pickup truck. The GMC Hummer EV bike promises on-demand two-wheel drive and lots of power. The GMC Hummer EV All-Wheel-Drive Ebike goes on sale in December, according to Recon Power Bikes, which GMC has tapped to build the bike. Much like the Hummer EV, the e-bike will come with all-wheel-drive by way of two electric motors – one driving the front wheel and one driving the rear. The GMC Hummer EV Edition 1, the first electric Hummer on the market, costs $108,700.

☆ Electric cars won't just solve tailpipe emissions — they may even strengthen the US power grid, experts say
▼ + stars: | 2022-11-06 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

Millions more electric vehicles on the road could make the US power grid more resilient. However, energy and transportation experts say that with some planning, utilities are fully capable of handling more clean cars plugging in. Better yet, electric SUVs, trucks, and buses can strengthen the grid if deployed smartly. EVs can store energy for when it's needed mostWhen electric cars are parked (which is most of the time), their batteries can collectively become a valuable asset to the greater grid, experts say. Electric cars could do just that, he said.

Biden to tout semiconductor bill with Democratic congressman in tight California racePresident Joe Biden on Friday is set to tour a southern California communications company that is expected to benefit from his legislative push to bolster American semiconductor manufacturing — and he’s taking a vulnerable Democratic congressman with him. Biden will be joined by Rep. Mike Levin for the visit to Carlsbad-headquartered Viasat as he looks to highlight the CHIPS and Science Act, a $280 billion legislative package, ahead of Tuesday’s midterm elections. The bill is one of the Biden administration’s most significant legislative achievements. Levin, a two-term congressman representing a San Diego-area district that was once a GOP stronghold, is locked in a tight race with former San Juan Capistrano Mayor Brian Maryott. Biden headlined a rally Thursday night in Oceanside, California, for Levin.

☆ Biden vows Iran will be 'free' amid anti-government protests
▼ + stars: | 2022-11-04 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +2 min

President Joe Biden vowed to "free Iran" on Thursday, before saying demonstrators there appeared on track to "free themselves" as anti-government unrest sweeps the country. They have also triggered support from women and others across the world, with the Biden administration facing growing pressure from Iranian American activists to do more. "Don't worry, we're gonna free Iran," Biden told supporters in an aside during a campaign speech in California late Thursday after audience members appeared to call on him to address the ongoing protests. The president was speaking at a campaign rally for Democratic Rep. Mike Levin at the MiraCosta College near San Diego. “Change in Iran should only come from within Iran.

☆ Democrats aim to hold the line against heavy U.S. midterm election losses
▼ + stars: | 2022-11-04 | by ( James Oliphant | ) www.reuters.com time to read: +6 min

REUTERS/Kevin LamarqueThat was why Spanberger was at a winery this week imploring volunteers to hit the phones. Polls continue to show voters frustrated over high consumer prices and blaming the party in power from President Joe Biden on down. A former CIA officer, Spanberger has criticized her party’s progressive wing and has attempted to appeal to independent voters. To Republican Heye, the reason Spanberger and other once-safe Democrats are struggling in the final days of the campaign is simple. “The American people are really pissed off in general,” he said, “and are looking to punish those in charge.”

☆ Biden to laud Democrats' high-tech gains in visit to California's Viasat
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +3 min

Biden will laud "the resurgence of American manufacturing" enabled by passage of three key pieces of his signature legislation - the Chips and Science Act, the Bipartisan Infrastructure Law, and the Inflation Reduction Act, the White House said in a preview of his visit. Holding onto the swing seat could help Democrats hang onto their slim lead in the House. On Friday, at Viasat's headquarters in Carlsbad, near San Diego, he will laud the company's hiring of more than 700 veterans - about 10% of its workforce - across the country, the White House said. Viasat is a Carlsbad-headquartered communications company that provides satellite and fixed and mobile broadband internet. Reporting by Andrea Shalal; Additional reporting by Daniel Trotta; Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

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