Welcome to today's edition of the news. In today's headlines, we learn about cockatoos getting smarter, the risks associated with mortgage debt during a recession, Republicans gaining momentum, the debate over whether Netflix movies should be shown in theaters, and Tesla's expected earnings. We also learn about the first Asian American featured on a U.S. coin, a company acquiring electric last mile solutions assets out of bankruptcy, DC officials trading stocks with exquisite timing, Nestlé acquiring Seattle's Best Coffee, LNG freight rates hitting $450,000 a day, real-estate agents using TikTok and Instagram Reels to market properties and themselves, and a chip maker considering expanding to Japan. Finally, we learn about AI art generators and the amazing (and sometimes terrifying) results they produce.
Tesla Poised for Near-Record Earnings as Demand Concerns Loom
The Wall Street Journal
@the-wall-street-journalToday's News
Outline
- A study has found that cockatoos are getting smarter, and some worry that this could mean trouble for humans down the road.
- Amid concerns of a potential recession, mortgage debtors are feeling the pressure as default rates rise.
- Republicans are gaining momentum heading into the next election cycle.
- The great NETFLIX debate: should its movies be released in theaters, or stick to streaming?
- Tesla is poised for a near-record earnings report, but some are concerned about future demand.
- Anna May Wong, an early Hollywood star, is featured on a U.S. coin for the first time.
- Mullen Automotive is set to acquire Electric Last Mile Solutions assets out of bankruptcy.
- Some DC officials are under fire for trading stocks with exquisite timing, just as the Covid pandemic hit.
- Nestlé is acquiring Seattle’s Best Coffee brand from Starbucks.
- LNG freight rates have hit an all-time high of $450,000 a day due to disruptions in Russia.
- Real-estate agents are increasingly turning to TikTok and Instagram Reels to market properties and themselves.
- Chip maker TSMC is weighing an expansion into Japan in order to reduce geopolitical risk.
- A new AI art generator can create images of anything you can think of—with results that are both amazing and terrifying.