Exxon faces opposition from CalPERS after ‘devastating’ anti-ESG activist suit

  • May 20, 2024
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ExxonMobil CEO Darren Woods speaks during the APEC CEO Summit at Moscone West on November 15, 2023 in San Francisco, California.  Justin Sullivan | Getty Images Exxon Mobil‘s monthslong battle with two environmentally focused activist investors has cost the company the support of the California Public Employees’ Retirement System. CalPERS, a $484 billion pension fund […]

News

Hims & Hers adds GLP-1 injections to weight loss program

  • May 20, 2024
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Direct-to-consumer virtual care company Hims & Hers is the latest digital health company to announce it will add GLP-1 medications to its offerings to assist users with weight-loss management.     The San Francisco-based company, which launched its weight-loss program in December, said users will now have access to generic and 503B compounded injectable medications and oral […]

GM says EV hurdles are ‘not an issue now’ as new models roll out

  • May 20, 2024
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GM had its fair share of EV hurdles last year, leading to disappointing sales. However, CEO Mary Barra says those bottlenecks are a thing of the past as new models like the Chevy Equinox, Blazer, and Silverado EVs hit the market. Moving past Production Hell After delivering 75,883 electric cars last year, GM missed its […]

Health Technologies

Novel medical AI model developed

  • May 20, 2024
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A DGIST-Stanford joint research team have successfully developed novel medical AI model based on federated learning. Professor Sanghyun Park at the Department of Robotics and Mechatronics Engineering, the Daegu Gyeongbuk Institute of Science & Technology (DGIST) has successfully developed the technology that can accurately segment body organs by effectively learning medical image data, which is […]

New York AG announces $2 billion settlement with crypto lender Genesis

  • May 20, 2024
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New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion to repay defrauded investors. The company, once a business at the heart of Digital Currency Group, was among the multiple casualties in the industry contagion set off by the collapse of FTX. The firm filed for Chapter 11 bankruptcy protection […]

World

Legalized Weed Is Landing More Seniors in the E.R.

  • May 20, 2024
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The News As more places legalize marijuana, policymakers and health officials have worried about the health risks that the drug may pose to adolescents. But a new study suggests that an additional demographic is at risk: seniors. The study, published Monday in JAMA Internal Medicine, found that after Canada legalized marijuana, the number of emergency […]

Volvo reveals $28,000 EX30 starting price in China as low-cost BYD rival

  • May 20, 2024
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The cheapest Volvo EV so far was officially launched in China over the weekend. Volvo launched the EX30 in China with a low starting price of $27,800 (200,800 yuan) as the automaker takes on BYD head-on in its home market. In the first quarter of the year, “thousands of customers across Europe got behind the […]

Tesla releases update to remove steering wheel nag, shuts down sunglasses loophole

  • May 20, 2024
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Tesla has started pushing its new Full Self-Driving (FSD) v12.4 update, and it confirmed the removal of the “steering wheel nag”, but it improved camera-based driver monitoring, including shutting down the sunglasses loophole. As usual, Elon Musk has been hyping up the next Tesla FSD update as “mind-blowing”, but this time, he went beyond the […]