Potential

The liberal order of the world is facing a moment of crisis. As globalization is being confronted by nationalist economics in several countries, and many strong leaders of the world are exploiting the grievances of citizens (whether imagined or real) to discard global ideals and champion local interests, it has become more important than before, for United Nations to function as the keystone of international peace and security. However, according to Shashi Tharoor and Samir Saran's latest book, The New World…

Traders worry billionaire Elon Musk may not have enough money sitting around to fund his $21 billion cash contribution and could decide against selling some of his Tesla Inc shares to come up with it. Experts say $1 billion deal termination fee was not high enough to make Elon Musk think twice about walking away…

American consumers are at a crossroads. In large part, they have weathered the economic storm caused by the pandemic, saved lots of money and contributed to the continuing recovery. While wages have continued to grow at a strong pace and household spending rose 1.1% in March, some signals are pointing toward a potential shift in how—and how much—Americans will spend in coming months, hinting at cracks in the economy’s main driver. Restaurants…

Nikola Corporation shared its Q1 results for 2022 and things are looking up. In addition to a small but noteworthy gross profit, the previously ill-famed commercial EV manufacturer began delivering some BEVs and has purchase orders (POs) or letters of intent (LOIs) for hundreds more. Nikola also continues to make strides in expanding its Arizona manufacturing facility. Nikola Corporation ($NKLA) is an American manufacturer of zero-emission vehicles (ZEVs) that publicly demonstrated a BEV- and hydrogen fuel…

The US chipmaker Nvidia said on Friday it was investigating a potential cyberattack, following a news report that said the attack may have had taken parts of its business offline for two days.A malicious network intrusion caused outages in Nvidia's email systems and developer tools over the last two days, the Telegraph reported earlier on Friday, but said it was unclear if any data was stolen or deleted."We are investigating an incident. Our business and commercial activities continue uninterrupted," Nvidia said in a…