Visa has teamed up with Mercuryo to make moving money from crypto to regular cash easier. This new feature lets people with Visa cards turn their digital money into everyday cash quickly and cheaply. Visa Direct, Visa's fast payment system, makes this possible. It helps move money fast between diffe
General Motors is facing a huge financial setback. They just announced a $6 billion loss. This is because they are slowing down their electric vehicle (EV) plans. It's not the first time they've taken a hit. Back in October, they already reported a $1. 6 billion loss for the same reason. This chang
General Kyrylo Budanov, a prominent figure in Ukraine's military intelligence, has been appointed as the new chief of staff by President Volodymyr Zelenskyy. This change comes at a crucial time, as Russia's invasion of Ukraine approaches its fourth year. Budanov takes over from Andrii Yermak, who re
General Motors (GM) is having a stellar year in the stock market. As of the last trading day, its shares have climbed over 55%, reaching an all-time high of more than $80 per share. This is the best performance since the company's comeback after bankruptcy in 2009. Several things are fueling this g
Visa, the big name in payments, is making a move into the crypto space. They're letting US banks use a type of digital money called USDC to settle transactions. This USDC is built on something called the Solana blockchain. Two banks, Cross River Bank and Lead Bank, are already on board to try out th
Motorsports has evolved far beyond just a thrilling spectator sport. It has become a unique blend of innovation, personal challenge, and elite networking. The paddock, once a simple area for teams and cars, is now a dynamic space where investors, founders, and brands gather. They come not just to wa
General Motors (GM) is feeling the heat in the electric vehicle (EV) market. After a brief surge in sales due to a soon-to-expire federal tax credit, the company is now facing some tough realities. The Trump administration's policies have made things even harder, with changes in regulations, cancele
General Motors is making big changes to its electric vehicle (EV) plans. The company is cutting about 5, 500 jobs, with 1, 750 people being laid off indefinitely. This is part of a larger strategy to adjust to slower EV sales and new rules. One of the main changes is at the Factory Zero plant in De
General Motors (GM) recently let go of over 200 salaried employees, mainly from its Technical Center in Warren. This move came just days after the company raised its profit expectations for the year, which led to a significant boost in its stock prices. The company stated that these job cuts were du
General Motors is bracing for a significant financial hit due to the Trump administration's tariffs on imported cars and auto parts. The company anticipates these tariffs will cost them between 4 and 5 billion dollars this year. This news comes as a blow to GM's profit expectations. The company has
