Polestar teases new details about its electric SUV ahead of October 12th launch

The Polestar 3 will be the automaker’s first electric SUV. | Polestar The Polestar 3, the aptly named third vehicle from the Swedish EV company, will be officially unveiled October 12th at an event in Copenhagen, the company announced. Ahead of the launch, Polestar is teasing a few new details about the all-electric SUV. The Polestar 3 marks Polestar’s attempt to break into the highly competitive and highly lucrative SUV market in the US. When it comes out, it will slot into the premium category, putting it in competition with EVs like the Tesla Model X, Audi E-tron, Mercedes-Benz EQE, Rivian R1S, and Fisker Ocean. Notably, the Polestar will be… Read More

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This Y Combinator-backed fintech provides loans to small businesses in Africa. Check out the 10-slide pitch deck Numida used to raise $12.3 million.

Numida cofounders Catherine Denis, Ben Best, and Mina Shahid. Numida Y Combinator-backed Numida has raised $12.3 million in debt and equity funding.  The fintech startup, founded in 2015, provides loans to small and medium-sized businesses in Uganda.  The startup’s new funding round was led by Serena Williams’ Serena Ventures.  Numida, a Ugandan fintech that offers credit to small businesses, has raised $12.3 million in new funding. The startup, which was founded by three Canadian Y Combinator graduates in 2015, wants to expand access to working capital for businesses across Africa. Numida believes there are 20 million small and micro businesses lacking working capital, an opportunity it values at around $5… Read More

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Michael Cohen says Trump’s downfall will resemble Al Capone’s: ‘You’re not going to get them on murder, extortion, or racketeering. You’re gonna get them on tax evasion.’

Donald Trump. Chip Somodevilla/Getty Images Michael Cohen said he thinks Trump will get indicted on tax charges. Speaking to MSNBC, Cohen predicted Trump would face the “Al Capone effect.”  Capone, a notorious gangster, was indicted in 1931 on tax evasion charges. Michael Cohen predicted on Tuesday that former President Donald Trump will, like the mobster Al Capone, get taken down by tax fraud charges. Speaking on MSNBC’s “Deadline White House,” Cohen — who was Trump’s lawyer and personal fixer — weighed in on a sprawling probe into the Trump Organization sparked by New York Attorney General Leticia James. “Like the Al Capone effect, you’re not going to get him on… Read More

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Amazon has temporarily shut some warehouses in Florida as Hurricane Ian nears

Amazon has temporarily closed warehouse sites near Tampa and Orlando. Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images Amazon has temporarily shut some warehouses in Florida ahead of Hurricane Ian’s approach, per CNBC. The Category 3 storm smashed into Cuba on Tuesday and is now headed to Florida. Amazon said the warehouse closures are a safety precaution. Amazon has temporarily shut some warehouses in Florida as Hurricane Ian approaches the state, according to a CNBC report Tuesday. The ecommerce giant has temporarily closed warehouse sites near Tampa on the Gulf Coast and Orlando in central Florida, according to CNBC, citing notices sent to employees. The warehouses are expected to… Read More

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Poppers and dog shampoo – the new pumpkin spice options

Pumpkin spice season has begun and has spread beyond the Starbucks latte. The Guardian said the “increasingly unlikely and downright gross products now offer pumpkin spice options,” including “bone broth protein, deodorant and poppers” have shown “there’s nothing that can’t be pumpkined”. Although Americans purchased more than $236m in pumpkin-spice-flavoured grocery items in 12 months, this doesn’t include “myriad” pumpkin spice household items like scented candles and dog shampoo. US spy website pranked Spy chiefs in the US have been victims of an insider prank after a new logo was published on an official government website featuring flying saucers as one of the leading aerial threats facing the US. The image… Read More

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The US is supporting efforts to investigate the ‘apparent sabotage’ of the Nord Stream pipelines, says security advisor Jake Sullivan

National Security Advisor to the president Jake Sullivan answers questions at a daily briefing on May 18, 2022. Win McNamee/Getty Images The US security advisor is speaking to his Danish counterpart about the “apparent sabotage” of the Nord Stream pipelines. The US is supporting investigation efforts and will continue safeguarding Europe’s energy security, he said. German officials believe the key pipelines were sabotaged. US national security adviser Jake Sullivan commented on the “apparent sabotage” of the key Nord Stream gas pipelines connecting Russia and Europe, and underscored the US’ efforts to aid in the investigation of the September 26 incident. “I spoke to my counterpart Jean-Charles Ellermann-Kingombe of Denmark about… Read More

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Cuba without electricity after hurricane hammers power grid

HAVANA (AP) — Hurricane Ian knocked out power across all of Cuba and devastated some of the country’s most important tobacco farms when it slammed into the island’s western tip as a major hurricane Tuesday. Cuba’s Electric Union said in a statement that work was underway to gradually restore service to the country’s 11 million people during the night. Power was initially knocked out to about 1 million people in Cuba’s western provinces, but later the entire grid collapsed.  Ian hit a Cuba that has been struggling with an economic crisis and has faced frequent power outages in recent months. It made landfall as a Category 3 storm on the… Read More

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Cuba without electricity after hurricane hammers power grid

HAVANA (AP) — Hurricane Ian knocked out power across all of Cuba and devastated some of the country’s most important tobacco farms when it slammed into the island’s western tip as a major hurricane Tuesday. Cuba’s Electric Union said in a statement that work was underway to gradually restore service to the country’s 11 million people during the night. Power was initially knocked out to about 1 million people in Cuba’s western provinces, but later the entire grid collapsed.  Ian hit a Cuba that has been struggling with an economic crisis and has faced frequent power outages in recent months. It made landfall as a Category 3 storm on the… Read More

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America is a new tax haven for the ultra-wealthy — and 13 states are holding billions in hidden assets

Motorists ride on U.S. Interstate 90 near Sturgis, South Dakota. Reuters/Jonathan Ernst Right now, billions of dollars of assets are held in secretive trusts across the country. 13 states are “trust-subservient,” according to a new report, catering to the ultra-wealthy. In those states, billions of dollars remain untouched and untaxed. The idea of billionaires squirreling away their wealth in far-flung tax havens is far from new, with trillions of dollars in assets parked between beaches and palm trees. But for many Americans, billions of dollars of untaxed wealth might actually be hiding in their backyards. “The US has become a tax haven,” Chuck Collins, the director of the Program on… Read More

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Trump directed Democratic staffers of color to serve food during a White House dinner, books says

Former President Donald Trump speaks at the America First Policy Institute in Washington, DC, on July 26, 2022. Mandel Ngan/AFP via Getty Images Trump mistook a racially diverse group of congressional aides for waitstaff in 2017. Then-Chief of Staff Reince Priebus had to save the president from the gaffe, according to a new book by NYT’s Maggie Haberman. Trump also accused “illegals” of making him lose the popular vote in 2016, per Haberman’s book. Former President Donald Trump mistook a group of Democratic congressional staffers for waitstaff and directed them to serve dinner during the early years of his presidency, according to New York Times reporter Maggie Haberman’s new book,… Read More

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