North American debut of the 2022 Kia Carnival
North American debut of the 2022 Kia Carnival
If you’re tired of the usual subcompact sedans like the Toyota Vios, Honda City, and Hyundai Accent, perhaps you’ll be interested in Kia’s alternative: the Soluto. Often lovingly referred to as the 'Baby Rio,' the Soluto comes in four trims (LX MT, LX AT, EX MT, and EX AT), priced from PHP665,000 to 755,000. Clearly, the car is plenty affordable, and it has the vibrant color choices to match. Check out which Kia Soluto color is best for you below. Clear White White represents people who prefer to be clear and direct with their approach. As such, the person who opts for a Clear White Soluto will likely be someone who’s highly organized and structured in every aspect of life. Titanium Silver Silver is a color often used to portray futurism. Likewise, it’s also the color of traditional elegance. As such, those in a Titanium Silver Soluto may want to present themselves as someone with timeless tastes. Silver is also a practical color for a car, as it hides dust and dirt well. Blue Stream A dark blue hue such as Blue Stream represents seriousness and integrity, while also conveying professionalism. The color blue in general, is closely related with peace and harmony. Thus, Blue Stream Soluto buyers are likely cool-headed and even-tempered individuals. Aurora Black Pearl Black is associated with a lot of qualities: luxury, sophistication, mystery and power. That’s why you may observe that people who say black is their favorite color comes from all walks of life. Regardless of what your personality may be, if you opt for an Aurora Black Pearl Soluto, hopefully, it’s not one of arrogance, as some studies suggest that those behind the wheel of a black car have a somewhat authoritative and assertive personality. Marcato Red (EX only) Red is the color of passion, and the Soluto’s Marcato Red encapsulates this vibrant characteristic perfectly. Dynamic, daring, and bold—these are the ideas that the shade of red expresses. More about the 2021 Kia Soluto The Soluto comes powered by a 1.4-liter Kappa Dual-CVVT gasoline engine that outputs 94hp and 132Nm of torque. This front-wheel drive engine pairs with either a four-speed auto or five-speed manual transmission, depending on trim. The automatic gearbox in particular, has a smart selector that offers precise and fuel-efficient gear shifts. Though it appears small at first glance, the 2570mm wheelbase provides ample spaciousness for both front and rear occupants alike. Aside from the roominess, the Soluto's cabin is designed to deliver 'All Kinds Of Wow,' as the carmaker describes it. Comfy seating for five is provided by the clever interior design that allows for plenty of room to stretch, even for full-size adults. Circles and curves characterize the Soluto’s dashboard design, starting with the rotary AC switches, 360-degree rotating airducts (EX variants only), and contemporary-looking instrument panel. An Android Auto and Apple CarPlay compatible audio system, 2.8-inch LCD cluster, and steering-wheel-installed audio remote control provide added ease of use for the Soluto’s many features and functions. For safety, the Soluto has got Anti-lock Brakes, Driver and Passenger Airbags, and Reverse Camera. Ready to shop for a Soluto? Feel free to browse through Carmudi’s selection of new and used Kia Soluto models for sale. Photos from Kia Also read: 2020 Kia Soluto: The 4 variants in detail Old against new: 2nd gen vs 3rd gen Kia Picanto
The Canon AE-1 shocked the camera industry like the Lexus LS400 shocked the luxury-car industry.
Shares on Wall Street ended higher on Wednesday, as a selloff in technology-related stocks eased and a rotation into cyclical shares continued after Federal Reserve Chair Jerome Powell's comments calmed inflation worries. The Nasdaq index, which traded as much as 1.3% lower earlier in the session, regained its footing by early afternoon and closed up. The Dow hit a record high earlier in the session.
What Happened: Global crypto adoption surged by 15.7%, with over 106 million crypto users in January 2021, according to research from Crypto.com Analysts from the cryptocurrency exchange claim that this increase in adoption was largely influenced by Bitcoin (CRYPTO: BTC) adoption after its price skyrocketed earlier this year. This wasn’t the only contributing factor, as adoption rates appeared to pick up most during the latter half of 2020, following Paypal Holdings Inc (NASDAQ: PYPL) opening crypto purchases to investors and the more extensive institutional adoption seen by Tesla Inc's (NASDAQ: TSLA) $1.5 billion Bitcoin purchase. Why It Matters: This year marks the first time that global crypto adoption has surpassed 100 million users. “What we notice is that periods of strong growth come after periods of strong price performance in Bitcoin,” said the analysts at Crypto.com. According to them, Bitcoin’s rally was fuelled by existing users, but it was the new users that sustained its price. While months prior to January 2021 saw the growth in new users increase by less than a single percentage point, new users increased by over 15% in January alone. What Else: Interestingly, Bitcoin wasn’t the only driver of crypto adoption, despite the fact that its recent rally made waves across the globe. Statistics show that the second-largest cryptocurrency by market cap, Ethereum, led the crypto market’s growth in August 2020, during the height of the DeFi mania. Both Bitcoin and Ethereum dipped sharply today below crucial support levels, with Bitcoin under $50,000 and Ethereum under $1,500. According to the Fear and Greed index, we are still in extreme greed! 94 out of 100 Get that number down real quick! pic.twitter.com/Ew0x4g3TK4 — DEFI TIMES (@defitimes) February 23, 2021 Despite the selloff, market sentiment was still far from all round panic, as the crypto fear and greed index depicted extreme greed. See more from BenzingaClick here for options trades from BenzingaMicroStrategy CEO Says Bitcoin's Market Cap Will Reach 0 Trillion.4B Liquidated From Crypto Exchanges As Bitcoin's Market Cap Falls Under Trillion© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Shares of cruise line holding company Carnival Corporation (NYSE: CCL) tumbled nearly 10% in early trading on the NYSE Tuesday before recovering to about a 2.4% loss as of 11:45 a.m. EST. As we reported last night, Carnival has announced plans to raise another $1 billion in cash through a secondary stock offering. Specifically, Carnival said it will create and sell 40.4 million new shares of common stock for $25.10 apiece in order to raise its targeted $1 billion in cash.
The Dow Jones held up relatively well Tuesday as technology stocks sold off hard, but the Nasdaq was off lows and back above its 50-day moving average.
Upwork Inc shares were up by 18.7% in extended market trading on Feb. 23 after the freelancing platform reported 4Q earnings per share (EPS) of $0.06, while analysts were expecting a loss per share of $0.05. Revenues for the fourth quarter came in at $106.2 million, reflecting a rise of 32% year-on-year and coming in ahead of the consensus estimates of $97.34 million. Upwork’s (UPWK) President and CEO Hayden Brown said, “2020 was a watershed year for Upwork. In the fourth quarter, we achieved our highest year-over-year growth since going public. Nearly a year into the pandemic, organizations are embracing remote work to unleash the potential of a global workforce of independent talent that gives them the agility, skills and efficiency they need. Our results demonstrate that we are optimally positioned to capture the exciting opportunity ahead by serving customers as the world’s work marketplace.” The rise in revenues in 4Q was fueled by the 34% year-on-year growth in revenues for the company’s marketplace business. The marketplace segment had revenues of $96.9 million in 4Q and made up 91.3% of UPWK’s total revenues. In the first quarter of FY21, UPWK expects revenues to be in the range of $107 million to $109 million and adjusted EBITDA to be between $2 million to $3 million. For FY21, UPWK has forecasted revenue of between $460 million to $470 million and adjusted EBITDA in the range of $12 million to $16 million. (See Upwork stock analysis on TipRanks) On Feb. 16, BTIG analyst Marvin Fong raised the price target from $42 to $68 and reiterated a Buy rating on the stock. Fong cited his proprietary tracking tool, which indicated that freelancing work remains in a “powerful uptrend.” The analyst has also observed “more bullish data” amid a “notable acceleration” in job listings over the past four weeks, and he believes that this acceleration is “above seasonality,” which in turn positioned Upwork to guide above his 1Q estimates. The rest of the Street is bullish on the stock with a Strong Buy consensus rating. That’s based on 3 Buys and 1 Hold. The average analyst price target of $49.75 implies 3.5% downside potential to current levels. Related News: Macy’s Beats 4Q Sales Estimates, Sees Recovery In 2021; Shares Drop 2.6% PAVmed Tanks 12% After-Hours On Lucid Diagnostics Spin-Off Five9 4Q Pops 10% Pre-Market On Blowout Quarter More recent articles from Smarter Analyst: CBRE Group’s 4Q Results Beat Analysts’ Expectations; Shares Gain Workhorse Plunges 8.3% After Losing USPS Contract To Oshkosh Wendy’s Bumps Up Dividend By 29%; Street Sees 21% Upside Waste Management Ramps Up Quarterly Dividend By 5.5%; Street Sees 17% Upside
Jim Watson./GettyLouis DeJoy had a defiant message on Wednesday for those craving to see him ousted as U.S. Postmaster General: “Get used to me.”The comment came after Rep. Jim Cooper (D-TN) asked the embattled U.S. Postal Service chief how long he would remain as Postmaster General—“long time,” DeJoy spat back—during a Wednesday hearing in the House Oversight Committee.That exchange was indicative of the entire proceeding, which was frequently chippy, combative, and fueled by Democratic lawmakers’ outrage over DeJoy’s handling of the USPS at a time of worsening mail delays and difficult questions about the service’s long-term viability.DeJoy’s crack to Cooper made Democrats’ blood boil even more. But he may have a point, at least for now: because the postmaster general is installed by the service’s board of governors—and not by the president—it means that President Joe Biden, or Congress, cannot fire DeJoy even if they wanted to.His removal would only be possible when Biden fills Democratic vacancies on the USPS Board of Governors, which has the authority to hire and fire postmasters general. Confirming those spots in the Senate will take time, though the Washington Post reported on Wednesday that Biden has identified three nominees to move forward.In the meantime, though, Democratic lawmakers are working with DeJoy on urgent legislation to reform the agency’s finances and employee pension burden, even while many publicly call for his resignation.To many Democrats, DeJoy’s performance on Wednesday on Capitol Hill may make that balancing act harder: they found much to dislike not only in what the postmaster general said, but how he said it.“I gotta say—I just don’t think the postmaster gets it,” said Rep. Raja Krishnamoorthi (D-IL), a member of the Oversight Committee who questioned DeJoy on Wednesday about the agency’s delivery standards. “I think it’s time for him to go.”“I thought he approached a lot of our questions with that exact same attitude, which was one of sneering condescension,” Krishnamoorthi told The Daily Beast after the hearing, invoking DeJoy’s response to Cooper. “That’s not gonna fly, man. Not gonna fly.”Wednesday’s hearing was the second time in DeJoy’s short tenure that he has been subjected to a high-profile grilling in the House Oversight Committee. Shortly after taking the USPS’ top job in June 2020, delays and irregularities quickly began to mount—a particularly alarming development for lawmakers on the eve of an election in which more voters than ever planned to vote by mail.Biden to Nominate 3 New USPS Board Members, Opening Path to Oust DeJoyIn a contentious August 2020 hearing, Democrats interrogated the former logistics executive and GOP mega-donor on everything from cuts in overtime hours to the price of a stamp. Questioning from Rep. Katie Porter (D-CA) produced a memorable DeJoy response: “I will submit that I know very little about postage and stamps.”By the time House Democrats called DeJoy back to Capitol Hill this week, their worst fears about the USPS delays’ impact on the voting system had failed to materialize. But they still had plenty of questions about DeJoy’s stewardship of the USPS: in October, the USPS inspector general issued a report finding that the changes DeJoy made to delivery schedules and protocol led to the worsening delays. Already battered by the pandemic, the USPS limped into a busy holiday season, and is now providing the poorest service that many longtime observers of the agency have ever seen.Rep. Brenda Lawrence (D-MI), a member of the Oversight panel, was a 29-year veteran of the USPS before she came to Congress. She told The Daily Beast after the hearing that she has never seen the service in such dire straits as it is now: “I don’t think we’ve ever confronted this,” she said.The unprecedented delays are happening around the country. In Washington, D.C., just 40 percent of all first-class mail arrived on time by the end of December 2020—compared to nearly 90 percent the same time the year before. Chicago residents are receiving holiday packages a month-and-a-half late. Lawmakers are inundated with calls and emails from frustrated constituents looking for answers; this week, 33 senators signed a letter to DeJoy asking him to explain the recent delays.DeJoy apologized for those delays at the top of Wednesday’s hearing. “We must acknowledge that during this peak season we fell far short of meeting our service goals,” he said. “I apologize to those customers who felt the impact of our delays"But Lawrence expressed concern about DeJoy’s forthcoming “strategic plan” to get the USPS through this difficult stretch. Though the postmaster general has not revealed specifics, he testified on Wednesday that he will propose cuts to delivery standards, including the standard that local mail be delivered within two days. Democrats believe that would be a disastrous move at a time when the USPS is struggling to compete with private-sector competitors, particularly if it is coupled with consumer cost increases, which DeJoy has suggested.“To say that’s what’s bold and needed… that’s not leadership,” said Lawrence. “He has to prove himself. He heard us loud and clear, that he needs to prove himself.”The Michigan Democrat stopped short of saying that DeJoy deserved removal, and told The Daily Beast that she and other Democrats are working with the USPS on postal reform legislation. On Wednesday, CNN reported that Oversight Committee Chair Carolyn Maloney (D-NY) was supportive of working with DeJoy to pass reforms.In the wake of the new political reality in Washington, the postmaster general has begun to attempt outreach to Democratic lawmakers. Lawrence said that during the last administration, DeJoy did not take her calls or respond to her—but after the 2020 election, they had a “cordial” call.Other Democrats see any charm offensive as too little, too late. Krishnamoorthi said he is supportive of working with whatever USPS leadership is in office in order to pass reforms, but argued that DeJoy should go as soon as is possible.Rep. Gerry Connolly (D-VA), a senior member of the Oversight Committee, issued a statement after DeJoy’s hearing hailing Biden’s nomination of three appointees to the USPS Board of Governors—and explicitly stated his hope they would remove DeJoy. “These nominations are an important first step toward reforming the Postal Service,” said Connolly. “My hope is the newly constituted Board will do the right thing and bring in a new, qualified Postmaster General.”A majority of the nine-member board would be required to support DeJoy’s removal. Currently, there are four Republican appointees, and two Democratic appointees. If all Biden’s choices are confirmed, Democrats would hold a majority on the board.The Republicans on the Oversight Committee had questions for DeJoy about mail delays, but largely cast him as a victim in an anti-Trump Democratic crusade. Rep. James Comer (R-KY), the top Republican on the panel, compared the party’s concerns about USPS delays—and Trump’s potential role in those delays—to the Trump impeachment investigation he said was predicated on “baseless conspiracies.”Far-right Rep. Andy Biggs (R-AZ), meanwhile, suggested that the root cause of USPS delays was actually the Black Lives Matter protests that took place over the summer, and read articles from fringe outlets like the Gateway Pundit to prove his point. And Rep. Andrew Clyde (R-GA) raised the unfounded belief in widespread conspiracies about election fraud while saying it was not time to get into “specifics.”At one point, tempers flared when Connolly said that Republicans who voted to object to the Electoral College certification on Jan. 6 had “no right to lecture” anyone on the dangers of partisanship.Democrats left more concerned about the fate of the USPS, however, than the state of things in Congress. “It’s not some theoretical concept,” said Krishnamoorthi. “It’s not some abstract issue, it’s real for every single one of us… I’ve gotta tell you, people are starting to work around the mail, which is a scary concept.”Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
The first big real-world study of the Pfizer/BioNTech vaccine to be independently reviewed shows the shot is highly effective at preventing COVID-19, in a potentially landmark moment for countries desperate to end lockdowns and reopen economies. Up until now, most data on the efficacy of COVID-19 vaccines has come under controlled conditions in clinical trials, leaving an element of uncertainty over how results would translate into the real world with its unpredictable variables. The research in Israel - two months into one of the world's fastest rollouts, providing a rich source of data - showed two doses of the Pfizer shot cut symptomatic COVID-19 cases by 94% across all age groups, and severe illnesses by nearly as much.
Jill Biden offers comforting advice to Kelly Clarkson, telling the singer and talk-show host who is going through a divorce that things happen for the best and that life will eventually “look better.” The first lady — a divorcee herself — also reveals what she looks forward to when COVID-19 clears up and explains why women should take time for themselves every day, as she does. Clarkson recently brought her show to the White House for a socially distant conversation with Biden in the East Room.
REUTERSBill Burns, the career diplomat tapped by President Joe Biden to run the CIA, told a Senate panel Wednesday that his utmost priority as director will be to combat the technological and economic might of China.In a remarkably amicable exchange with the Senate intelligence committee, where controversies over intelligence failures and abuses have characterized nomination hearings for aspirant CIA directors since 9/11, Burns said the CIA would have to “relentlessly sharpen” its arsenal of digital weapons and its understanding of Beijing’s own.That and other aspects of Burns’ testimony received enthusiastic support from intelligence-committee senators of both parties, which seem to have reached a consensus that China seeks, as Sen. Marco Rubio (R-FL), the vice chair of the panel, put it, to “replace the United States as the world’s most powerful and influential nation.” Sen. Michael Bennet (D-CO) mused that during the Cold War, the U.S. had “an organizing principle” that the current geopolitical competition with China provides.But Burns, a former deputy secretary of state and ambassador to Russia, also said U.S. rivalry with China was dissimilar to “the competition with the Soviet Union in the Cold War.” Burns defined U.S.-China competition as less of a “security and ideological” clash than one over economic and technological primacy. He spoke less of prospective covert measures against China than he did of providing “the best possible intelligence on the nature of Chinese intelligence and capabilities.”Whether the U.S. can avoid a cold war with a rising global power is a central question facing U.S. foreign policy at the dawn of the Biden administration. Biden’s stated approach thus far has been to pursue “great power competition” without the trade war of the Trump administration and with the prospect of cooperation on climate change. Yet there is also an appetite in Washington for a far more aggressive confrontation. Sen. Ben Sasse (R-NE) urged Burns not “take the pressure off” China in order to reach a deal on climate.Sasse, Bennet, and other lawmakers also focused on China as a way to imply the diminution in priority of the CIA’s ongoing lethal counterterrorism operations, something Biden has placed under review. There was practically no discussion of CIA counterterrorism during the two-hour hearing. Two senators who have been relentlessly critical of CIA counterterrorism abuses, Democrats Ron Wyden and Martin Heinrich, usually the panel’s dissenters on agency nominees, both cheered Burns. Wyden noted Burns’ hearing was becoming a “full-fledged bouquet tossing contest.”‘Financial Batman’ in the Lead to Run Biden’s CIAUnlike his predecessor, Gina Haspel, Burns has no ties to the CIA’s post-9/11 human-rights abuses. “I believe the CIA’s former enhanced interrogation program included torture,” Burns affirmed in a questionnaire for the committee.Notably, however, Burns did not turn a page on CIA counterterrorism, saying only that he would need to balance emergent challenges with “the continuing threat posed by terrorist groups, 20 years after 9/11.” He said those still at the agency who took part in the torture program would face no professional consequence. In the questionnaire, he stopped short of committing to providing the classified Senate torture review to Guantanamo defense attorneys representing people the CIA tortured. Wyden lambasted U.S. intelligence agencies’ purchase of commercially available data on Americans as an end-run around the Fourth Amendment. Burns pledged “transparency” over the purchases–but did not pledge to end them.Burns also emphasized restoring respect for the “courage [and] expertise” of intelligence officials after the Trump administration persecuted whistleblowers, purged officials it considered disloyal, and sought generally to suborn the intelligence apparatus to its agenda. He was not Biden’s first choice for the job–former national security adviser Tom Donilon declined it–but said Biden told him to “deliver intelligence to him straight.” He also acknowledged that he will not be Biden’s closest intelligence adviser; that will be Director of National Intelligence Avril Haines, whom he called “my longtime friend and colleague.”As a foreign-policy traditionalist over his three decades in diplomatic life, one who held senior appointments under both parties, Burns was embraced as a signal of a restored status quo ante during a volatile period in American politics. His testimony followed encomia for him from two foreign-policy greybeards, George H.W. Bush Secretary of State James Baker and Obama CIA Director Leon Panetta. Baker called Burns’ nomination “a bipartisan no-brainer.”While Burns has been a consumer of intelligence rather than a producer during his government career, he wrote one of the most prescient pieces of analysis of the past generation. As the Bush administration was preparing to invade Iraq, Burns, as assistant secretary of state for the Mideast, wrote what has become known as the “Perfect Storm” memo. Burns accurately predicted in July 2002 that “a horrible wave of bloodletting and private vengeance” would result from a U.S. occupation. It was a warning to Secretary of State Colin Powell at a time when the White House disdained such concerns as disloyalty or defeatism and discouraged the CIA from producing similar analysis. Still, Burns did not resign when Bush invaded.“He is not going to try to impose any particular formula with regard to reform. He knows how to work with a professional workforce, having had a whole career in the foreign service. He’ll be open to suggestions and initiatives from below,” said Paul Pillar, who was the CIA’s senior Middle East analyst when Burns was assistant secretary of state. “Ambassador Burns is, in my judgment, an excellent nominee for director of the CIA. He brings to the job utmost experience in what U.S. foreign policy most needs from the intelligence community: as a senior consumer at the State Department, he has an excellent feel for what the sorts of questions are that need to be addressed by the community.”During the hearing, Burns alluded to his 2002 memo with modesty. “It was imperfect. We got it about half-right and half-wrong,” he said. “But it was an honest effort to express our concerns… without that, policy choices suffer.”Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
Republican Senate Minority Leader Mitch McConnell said he’s concerned Democratic House Speaker Nancy Pelosi’s plan to establish a commission to probe the assault on the U.S. Capitol would be overly “partisan.”
“I definitely threw a wrench in the team’s plan.”
The ruling serves as a win for Texas Attorney General Ken Paxton, a Republican, who filed a lawsuit against the government over the moratorium.
The Swedish government said on Wednesday it would reduce opening hours for all restaurants, bars and cafes as well as tighten limits on the number of people allowed in shops as it seeks to ward off a third wave of the COVID-19 pandemic. "The situation in Sweden is serious, we have a high spread of infection and it is increasing," Prime Minister Stefan Lofven told a news conference. Concerns about a possible third wave of the pandemic have been growing in Sweden in recent weeks as the number of new infections has risen, although deaths have come down significantly.
Lawyers for William Chrestman, a Proud Boys member, argued that the group believed it had Trump's "official endorsement."
The actress said she was "in a state of shock" when Jim Parsons said he wanted to leave the series, which ended the popular CBS sitcom.
Senate Minority Leader Mitch McConnell will support Merrick Garland's nomination. He maintains a block of Garland for the high court wasn't personal.
The Duke and Duchess of Sussex say they will continue to support their royal patronages despite not being allowed to do so as royals.
Moldova's constitutional court said on Tuesday it was unconstitutional for President Maia Sandu to nominate Natalia Gavrilita as prime minister for a second time after parliament had already voted to reject the nomination. The ruling could hobble Sandu's efforts to hold a snap general election and prolong a standoff between the pro-European Union president and a parliament that is dominated by lawmakers aligned with her pro-Moscow predecessor Igor Dodon. "This aggravates the political crisis in Moldova," said political analyst Vitalie Andrievschi.