New York (CNN Business) – Call Eleven and Sheriff Hopper of “Stranger Things,” because Netflix’s world has been turned upside down.
The company reported Tuesday that it lost subscribers for the first time in more than a decade. The news shocked Wall Street and sent shares plummeting 35% Wednesday morning, wiping out $50 billion in market cap. And this was after the company’s stock had dropped more than 40% year to date.
Simply put, Netflix’s terrible 2022 has now become disastrous. –read more–
Formula 1 gets set to race in Europe for the first time in the 2022 season at Imola for the Emilia Romagna Grand Prix and Pirelli have announced what tyres the teams will be allocated for the first Sprint weekend of the season. Imola, alongside Monza, is a home race for Pirelli and it will be their 18-inch tyre’s first taste of a Formula 1 Sprint – and for this Pirelli have announced a similar set of tyre compounds to those allocated to the teams in Saudi Arabia.
This weekend will see the teams allocated 12 sets of tyres instead of the usual 13, with the drivers set to be able to call upon the C2 (hard tyre, x2 sets), C3 (medium tyre, x4 sets) and C4 (soft tyre, x6 sets). Along with that, the teams will also be given six sets of green intermediate tyres and three sets of blue full wet tyres. –read more–
BMW drivers will hear “engine sounds” created in cooperation with Oscar-winning film composer Hans Zimmer .
(CNN) – Electric vehicles, with their need for lots of expensive batteries, have often trended towards luxury. Electric cars from Porsche, Mercedes, and Audi have all hit the market in recent years. BMW has come out with its own electric cars like the iX and i4 and now the new i7, a battery-powered take on the brand’s new most expensive sedan.
While BMW is probably better known for its smaller 3 Series and 4 Series cars, the 7 Series is the brand’s showpiece for luxury and technology. The i7 is the electric version of a new generation of the BMW 7 Series flagship unveiled on Wednesday.
With a starting price of $119,300, the all-wheel-drive 536 horsepower i7 xDrive60 will be able to go 300 miles on a full charge, which is less than the competing Mercedes EQS or Lucid Air. It will also offer a V8-powered gasoline version, the 760i X-drive, with the same horsepower output and a starting price that’s $300 less. It will look almost identical. A gas-powered version with a 6-cylinder engine will have a starting price of $93,300. –read more–
There’s no reason why every senior doesn’t take advantage of these incredible discounts & offers available to them.
In today’s world, the dollar doesn’t go as far as it once did. And it seems that the ones that are hit the hardest in today’s economy are retirees who are generally on a strict budget.
Fortunately, there are some incredible discounts & special offers available to save folks a lot of money. Use this guide to see how much you could save! Don’t be surprised if you haven’t seen some of these before! –read more–
About 1.25 hours of brisk walking per week could yield an 18% lower risk of depression compared with not exercising, according to a new meta-analysis.
(CNN) – Get up and move — even small doses of physical activity, such as brisk walking, may substantially lower the risk of depression, according to a new data analysis.
“Most benefits are realized when moving from no activity to at least some,” the study authors wrote.
Recommended levels of exercise in the United States, according to the US Centers for Disease Control and Prevention, include aerobic activity at moderate levels (such as a brisk walk) for 2.5 hours a week, along with a workout of all major muscle groups twice a week. –read more–
(CNN) — The ability to wake up in a different place every day, live and work in some of the world’s loveliest places, and feel absolute freedom — it’s no wonder that many people dream of life on the road.
Kate Oliver not only succeeded in making van life a reality — but she also turned it into a business. Along with her wife, Ellen Prasse, Oliver launched The Modern Caravan, a business that took them all over America as they repaired old Airstream camper vans — a business built on the back of their gorgeous renovation of their first Airstream, Louise. –read more–
Charles Leclerc won the 2022 Australian Grand Prix to consolidate his and Ferrari’s championship leads as Max Verstappen suffered a second retirement in three races – Red Bull team mate Sergio Perez finishing second and Mercedes’ George Russell completing the podium. A capacity crowd descended on Albert Park, Melbourne hosting its first Australian Grand Prix in 1,100 days. After action-packed free practice and qualifying sessions, they were treated to another thrilling show on Sunday afternoon. –read more–
Ferrari’s Charles Leclerc took the first Australian Grand Prix pole position since 2019 with a blistering performance at Albert Park – with Max Verstappen lining up second on the grid for Sunday’s race and Sergio Perez a provisional third.
Verstappen topped Q1 and Red Bull team mate Perez led Q2 – the Mexican driver under investigation for not slowing for a caution in Q1 – but Ferrari regrouped and it was Leclerc who aced the top 10 shootout with a time of 1m 17.868s to keep Verstappen 0.286s at bay in P2. –read more–
London (CNN Business) – For years, billionaire investor Warren Buffett has been sitting on a mountain of cash. But with stocks at record highs, he struggled to find deals that caught his eye.
Now, with many other investors in selling mode, he’s going shopping.
What’s happening: Buffett’s Berkshire Hathaway just disclosed that it bought almost 121 million shares of HP worth about $4.2 billion, giving Buffett a stake of more than 11% in the technology company. –read more–
(CNN) – The Senate confirmed President Joe Biden’s Supreme Court nominee Ketanji Brown Jackson on Thursday in a historic vote that paves the way for her to become the first Black woman to serve on the highest court in the nation. The tally was 53-47, with Republican Sens. Susan Collins of Maine, Mitt Romney of Utah and Lisa Murkowski of Alaska joining Democrats to vote in favor. The confirmation represents a significant victory for Democrats, which they can tout as bipartisan, and a way for the President to deliver on a campaign promise at a time when the US faces a number of challenges at home and abroad, including soaring inflation and the crisis in Ukraine. Democrats broke out into loud applause and cheers when the vote was gaveled. —read more–
