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"It Wasn't Copied": Ferrari CEO Defends First EV After Design Backlash
"It Wasn't Copied": Ferrari CEO Defends First EV After Design Backlash
Ferrari shares trading in Milan have not recovered since plunging the most in nearly eight months after the company unveiled its first EV sports car earlier this week, breaking with eight decades of petrol-powered tradition. The debut drew immense criticism, with one Wall Street analyst calling the new EV a "mix between a Honda Accord EV and Tesla."
By Thursday, Ferrari CEO Benedetto Vigna was on damage-control duty at an event in Modena, where he defended the design of the...
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May 12, 2026 / Tyler Durden
"Like Band-Aid On An Arterial Bleed": Ranchers Warn Trump's Proposed Beef Tariff Cut Offers Only Temporary Relief
"Like Band-Aid On An Arterial Bleed": Ranchers Warn Trump's Proposed Beef Tariff Cut Offers Only Temporary Relief
Summary:
Cattle ranchers respond with first-takes on proposed policies from White House
Tuesday: Trump team is "fine-tuning" an executive order aimed at reducing domestic beef prices
Monday: Tyson Sinks, Walmart Falls After Trump Moves To Temporarily Lower Beef Import Tariffs
Ranchers Respond
Following Monday afternoon's WSJ report that the White House will temporarily cut beef import tariffs, we spoke with three ranchers across America's beef-producing corridor, centered on the Great and Southern Plains, to gauge industry sentiment.
The message from...
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May 11, 2026 / Tyler Durden
Fire Erupts At HF Sinclair Refinery In Tulsa
Fire Erupts At HF Sinclair Refinery In Tulsa
Local media in Tulsa, Oklahoma, report that the HF Sinclair refinery, which has a crude-processing capacity of 125,000 barrels per day, has suffered a fire. This comes just days after another refinery fire in the New Orleans area.
Fox 23 News reports that the Tulsa Fire Department is currently on the scene after a fire broke out at the refinery in West Tulsa earlier today.
The refinery is critical because it primarily processes sweet crude, can handle some sour Canadian crude, and markets...
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Apr 2, 2026 / Tyler Durden
US Apartment Rents Post Largest Annual Decline Since 2017 In March: Report
US Apartment Rents Post Largest Annual Decline Since 2017 In March: Report
Authored by Rob Sabo via The Epoch Times (emphasis ours),
The national median apartment rent shook off the seasonal winter chill and inched up by 0.4 percent in March from February to $1,363, Apartment List reported.
A sign is posted in front of an apartment building with available rentals in San Francisco on June 9, 2023. Justin Sullivan/Getty Images
However, the median rent was down by 1.7 percent from March 2025, the largest annual decline since Apartment List began compiling records...
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