Savings and investing app Acorns plans to go public by merging with a blank-check company. The fintech start-up announced a deal Thursday to combine with Pioneer Merger Corp., a publicly traded special purpose acquisition company, or SPAC. The merger values Acorns at roughly $2.2 billion and is expected to close in the back half of this … Read more
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Tesla has switched on a driver-facing camera in some of its Model 3 and Model Y vehicles to make sure drivers are paying attention to the road when they use Autopilot, the company’s driver assistance system. The camera-based driver monitoring system was switched on in Model 3 and Model Y vehicles after Tesla modified these … Read more
Remains of 215 children have been found at the site of the Kamloops Indian Residential School in British Columbia in Canada The remains were found with the help of a ground penetrating radar specialist after long-held suspicions about the fate of missing students One survivor told how children would suddenly disappear from the school without … Read more
President Biden dropped an ominous note into his remarks to American service members at a Virginia military base Friday, telling them that his Chinese counterpart believes Beijing will “own America” inside the next 15 years. “We’re in a battle between democracies and autocracies,” Biden told troops at Joint Base Langley Eustis in Hampton. “The more … Read more
When an elected government tramples the citizens’ rights, the courts have the power to reign them in. Chicago Mayor Lori Lightfoot is about to learn that the hard way—a lawsuit filed by Judicial Watch for the Daily Caller and one of its reporters Thomas Catenacci whose request for an interview was ignored because of the color of … Read more
Costco Sees “Inflationary Factors Abound” Don’t tell Costco executives that inflation is low. The big-box club chain said it’s been seeing accelerating prices across a range of products, including shipping containers, aluminum foil and a 20% spike in meat prices over the past month. “Inflationary factors abound,” CFO Richard Galanti said on the company’s fiscal … Read more
PHILADELPHIA (CBS) — One of Philadelphia’s newest restaurants has a new requirement that has social media buzzing. Steak 48 on Broad and Spruce Streets has been busy all Wednesday evening. A diverse group of diners told us that they were reminded of the substantial minimum by staff once inside. The tweets were mostly comical, some … Read more
WASHINGTON: The 2022 defense budget will see “probably the largest ever request” for research and development to counter China’s increasing military prowess, Defense Secretary Lloyd Austin told the House Appropriation defense subcommittee today. Pumping money into new and emerging technologies has been a cornerstone of Biden administration messaging on the $715 billion budget. But the overall … Read more
