Reliance doubles equity stake of magnetic levitation transportation startup skyTran | ZDNet

Reliance Industries has acquired a majority stake in transportation startup skyTran, which is a developer of transportation systems consisting of computer-controlled passenger pods. Paying almost $26.8 million, Reliance has doubled its equity stake in the company to now hold a 54.46% share on a fully diluted basis. SkyTran’s transportation systems use a driverless personal rapid … Read more

Jim Cramer says these five reopening stocks are being ignored by Wall Street

CNBC’s Jim Cramer on Monday pulled back the curtain on five under-the-radar reopening plays as the stock market anticipates a resurgence in the American economy, turning his attention from the most talked-about recovery stocks. The reopening thesis was furthered by federal authorization of a coronavirus vaccine from Johnson & Johnson, the third inoculation to be … Read more

Jim Cramer says the ‘fear gauge’ induced a buying opportunity in stocks

CNBC’s Jim Cramer advised investors Monday to stay the course after the stock market rebounded one session after suffering back-to-back weekly losses. The S&P 500, facing pressure from inflation anxiety, declined 3% during the two-week stretch, but the “Mad Money” host took a cue from the volatility index — also known as the VIX or … Read more

Rare Winston Churchill painting sold by Angelina Jolie smashes auction record

Written by Jacqui Palumbo, CNN A rare Winston Churchill painting that was gifted to US President Franklin D. Roosevelt during World War II and eventually made its way into actor Angelina Jolie’s collection has become the most expensive painting by the former British prime minister to sell at auction, fetching nearly £8.3 million ($11.5 million) … Read more

CNN EXCLUSIVE: Leader of Tigray’s forces accuses Ethiopian and Eritrean governments of genocide

In a rare and exclusive interview with CNN, President of the Tigray People’s Liberation Front Debretsion Gebremichael called for an independent probe into alleged killings, rape and violence, including those revealed in a CNN investigation published on Friday last week. Eyewitnesses told CNN that a group of Eritrean soldiers opened fire in November on Maryam … Read more

Everton win extends Saints’ miserable run

Richarlison scored his 11th goal of the season from Gylfi Sigurdsson’s through-ball Richarlison continued his good form as Everton kept their European ambitions on track with victory over struggling Southampton. The Brazilian rounded Fraser Forster to score his fifth goal in as many games as Carlo Ancelotti’s side moved level on points with Liverpool and … Read more