CNN BUSINESS | Ford’s Mustang Mach-E is eating into Tesla’s US sales

New York (CNN Business) – Tesla is starting to lose market share among US buyers of electric vehicles, and Ford’s Mustang Mach-E appears to be the beneficiary.

Analysis by Morgan Stanley shows that Tesla’s share of the US EV market fell to 69% in February, down from 81% a year ago.

Tesla’s US sales are still climbing, according to this analysis, due to the increased appetite among US car buyers for electric vehicles. Morgan Stanley estimates that industrywide US EV sales rose 34% in February, compared to a year earlier, even as sales of traditional internal combustion engine vehicles fell by 5.4%, according to the analysis.  —read more—  

CNN travel | World’s first space hotel scheduled to open in 2027

(CNN) — If you’re daydreaming of future travels while stuck at home during the pandemic, why fantasize about the beaches of Bali or the canals of Venice when vacationing in space could be in your future?

Back in 2019, Californian company the Gateway Foundation released plans for a cruise ship-style hotel that could one day float above the Earth’s atmosphere.

Then called the Von Braun Station, this futuristic concept — comprised of 24 modules connected by elevator shafts that make up a rotating wheel orbiting the Earth — was scheduled to be fully operational by 2027.  –read more— 

CNN | Why Women’s History Month is in March

(CNN) – March is National Women’s History Month, but since women are pretty historic year-round, it begs the question: Why March? Is this month significant to women’s history, or is it just an arbitrary month on the calendar?

The answer involves a little bit of history and a little bit of coincidence.   —read more— 

CNN BUSINESS | Watch out, PayPal. Square just launched its own bank

New York (CNN Business) – Square, the financial payments firm run by Jack Dorsey, launched an in-house bank that it says will allow it to “operate more nimbly” in an increasingly crowded fintech market.

The firm announced Monday that the bank has begun operations after completing the charter approval process with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions. It will operate as an independently governed subsidiary of Square Inc (SQ). Dorsey is also the CEO and co-founder of Twitter (TWTR).The Salt Lake City, Utah-based Square Financial Services will provide business loans and deposit products to sellers who use its card reader and other point-of-sale services.  —read more— 

CNN BUSINESS | Wendy’s went all in on breakfast. It’s paying off

New York (CNN Business) – People are eating at home more.  But Wendy’s (WEN) says they’re still showing up for breakfast.

The chain said Wednesday that sales at its US restaurants open at least a year grew 2% in 2020, thanks in large part to breakfast. CEO Todd Penegor saidduring an analyst call that in the last three months of the year the meal amounted for about 7% of the chain’s sales, and should rise to 10% by the end of 2022.

“We know that we are just scratching the surface of its potential,” he said.  –read more— 

CNN | A former slave became Lt. Governor and died 4 years later

Support for freed slaves was so strong after the Civil War we saw Black Representatives and even Lieutenant Governors taking office in the 1860s.  –read more— 

CNN BUSINESS | Inside the complicated business of disguising 5G equipment

(CNN Business) – For years, artificial cacti have lined the sandy roadsides of North Scottsdale, Arizona. They look real at first glance but tucked inside are antennas and radio equipment that provide 4G LTE wireless connectivity to the area. Large concealment structures like this, which in this case are about 24 feet tall, have become so good it’s sometimes hard to tell the real cacti from the fakes.

Across the United States, clunky 4G cell towers are often “disguised” with regionally-prominent foliage. Evergreens are attached to sites in the Northeast. In the South, they’re decorated to look like palm trees. And then there’s the cacti out West. In some cases, the equipment is tucked into existing church bell towers, town square signs and on the side of historic landmarks. On farmland, 4G-enabled water towers are set up as props to give the impression they’re part of the landscape.  –read more—