Tesla Inc. delivered 254,695 cars worldwide in the second quarter, snapping a two-year streak of gains, as a Covid-related shutdown at its factory in Shanghai crimped production.
Air fares are “too cheap” and will need to rise for the next five years for airlines to remain competitive, Ryanair Chief Executive Officer Michael O’Leary told the Financial Times in an interview.
When MicroStrategy Inc. began buying Bitcoin in bulk in the summer of 2020, CEO Michael Saylor said it was because inflation would make cash worthless. The crypto pile he has since accumulated was worth $3.4 billion less at the end of the second quarter than the previous one.
What’s buzzing on social media this morning:
Tropical Storm Colin formed “unexpectedly” early Saturday along the South Carolina coast and will bring gusty winds, rain and thunderstorms to the area throughout the US July Fourth holiday weekend, the National Hurricane Center said.
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