South Korean transportation giant Hyundai has announced the creation of an advanced air mobility (AAM) company, Supernal LLC. The company will pursue the development of next-generation passenger electric vertical takeoff and landing (eVTOL) vehicles, and aims to conduct its first commercial flight in 2028. Hyundai described the US-based Supernal as a spinoff company that will take the
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In this article GE General Electric CEO Larry Culp said Tuesday that management will move as quickly as it can to split up into three companies but it will focus on doing it right. The industrial giant announced earlier in the day that it would break up into three businesses focused on aviation, health care
Businessman and Democratic 2020 hopeful Andrew Yang said he supports “Medicare for All” but would keep the option of private insurance. CNN’s Dana Bash speaks with Yang on the specifics of his plan during the first joint interview with his wife Evelyn. #CNN #News
In this article TSLA Tesla stock was down by as much as 11% in mid-day trading on Tuesday, extending losses for a second day, after CEO Elon Musk over the weekend proposed selling 10% of his shares in the electric vehicle business. The drop is on pace to be the largest of the year for
At least 16 UN workers have been “detained against their will” in war-torn Ethiopia, while British nationals have been told to leave the African nation immediately. Since Ethiopia declared a state of emergency last week, the government has been able to arrest anyone suspected of being involved with a terrorist group without needing a court
1:23 PM ET Associated Press CARLSBAD, Calif. — New York Mets president Sandy Alderson says the biggest impediment in the club’s dragging search for a general manager isn’t his presence nor owner Steve Cohen, but the spotlight created by the New York market. “I think it’s mostly about New York, and not about, you know,
The pugilistic chairman of JD Wetherspoon has revived a long-running feud with investor groups over corporate governance at the listed pubs operator amid threats of a fresh revolt at this month’s annual meeting. Sky News has learnt that at least two shareholder advisory services are recommending protest votes on issues including boardroom diversity and the
The Metropolitan Police has confirmed it has received a letter from the SNP asking it to investigate cash for honours allegations against the Conservatives. A spokesman for the force said it is currently “considering the contents of the correspondence” but an investigation or formal assessment into the allegations has not started. SNP MP Pete Wishart
The US is signalling a return to the world stage in a leadership role on climate, after President Donald Trump withdrew from the Paris climate agreement. The Americans are at COP26 – a show of force – with a 20-strong US delegation fanning out across the summit to press the case for ambitious action. But
7:21 AM ET Justin Thomas pointed to the positives after his third-place finish at World Wide Technologies Championship, a tournament where he was in contention through three rounds but could not close the gap on Sunday and finished 5 shots behind winner Viktor Hovland. That has — save for the Players Championship — been the
7:00 AM ET The Chicago Blackhawks‘ fall from grace has been one of the steepest in NHL history. The team’s calamitous mishandling of former player Kyle Beach’s claims that he was sexually assaulted by former video coach Brad Aldrich in 2010 has led to sweeping changes. General manager Stan Bowman and senior director of hockey
A group of migrants have camped overnight on the far side of Poland’s eastern border in Belarus. Polish police posted a video on Tuesday, which showed the migrants were met with riot police and coils of razor wire, but officers said the situation overnight was calm. That followed a day of heavy tensions on the
A 10-year-old boy killed in a dog attack near near Caerphilly in South Wales has been named by Gwent Police as Jack Lis. Armed police were sent to an address in Pentwyn, Penyrheol, at 3.55pm on Monday, accompanied by paramedics from the Welsh Ambulance Service. They confirmed a child had died at the scene. The
Tributes are being paid to the “wildly talented” actor Dean Stockwell, best known for starring in Quantum Leap, who has died aged 85. A spokesperson told Sky News that the star passed away peacefully at his home of natural causes. Stockwell was a Golden Globe winner and an Oscar and Emmy nominee, who appeared in
NASA has shared an image of a nebula captured by its Hubble Space Telescope that looks like a deep tunnel in space. The nebula is formed by a dying star, named HD 44179, which has been shedding its outer layers for about 14,000 years. The star is similar to the Sun, but it is dying
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. Sponsored by Holley Performance: Check out the Holley High Voltage Experience, an all EV event taking place at Sonoma Raceway this November 13th and 14th. New episodes of Quick Charge
Investors may see a satisfying ending to 2021. According to Canaccord Genuity’s Tony Dwyer, extreme optimism and strong historical trends should offset overbought conditions in the market. The result: A record finish. “The internals of the market are still pretty sound,” the firm’s chief market strategist told CNBC’s “Trading Nation” on Monday. The Dow, S&P
Author Tara Westover discusses being raised by Mormon survivalist parents with CNN’s Christiane Amanpour.
Heinz has produced a ketchup that is becoming popular for more than just its flavour. Made from tomatoes grown in Mars-like conditions, the Marz Edition ketchup reignites the memories of Matt Damon working hard to grow potatoes in his 2015 movie The Martian. A team of 14 astrobiologists worked for months to achieve a similar
Shoppers are buying Christmas gifts earlier than usual because of worries about supply chain problems, new figures suggest. A poll by Barclaycard showed that around a third said they were changing their approach to festive shopping this year due to fears over shortages, with more than half of these bringing forward purchases. The figures were