Category Archives: USA

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Examining Smilodon’s saber teeth

A team of researchers led by Narimane Chatar, a doctoral student at the EDDyLab of the University of Liège (Belgium), has tested the biting efficiency of Smilodon, an extinct genus of carnivore close to the extant felines. Using high-precision 3D scans and simulation methods, the team has just revealed how these animals managed to bite despite the impressive length of their teeth.

NASA scientists map global salt marsh losses and their carbon impact

According to a new NASA-led study, the world has lost 561 square miles (1,453 square kilometers) of salt marshes over the past 20 years. In a recent research paper published in the journal Nature, scientists described the first consistent global accounting of salt marsh locations and changes. The work also allowed them to start estimating the amount of carbon dioxide—a greenhouse gas—emitted into the atmosphere as marshland is degraded or lost.

Early churches found in ancient African kingdom

Archaeologists have made an important discovery in the Kingdom of Aksum, a major ancient power in Northeastern Africa, identifying two churches from shortly after the Aksumite’s conversion to Christianity. These are some of the first churches in the Kingdom reliably dated to this key period.

Physicists discover new transfermium isotope lawrencium-251

Physicists have recently synthesized a new transfermium isotope lawrencium-251 and studied the α decay of lawrencium-253 in more detail. This is the first new lawrencium isotope synthesized directly over the past two decades and it is also the first new isotope synthesized using the Argonne Gas-Filled Analyzer (AGFA) at the Argonne National Laboratory. The study has been published in Physical Review C.

How a cell’s mitochondria make their own protein factories

Ribosomes, the tiny protein-producing factories within cells, are ubiquitous and look largely identical across the tree of life. Those that keep bacteria chugging along are, structurally, not much different from the ribosomes churning out proteins in our own human cells.

World Earthquake Report for Thursday, 8 December 2022

Worldwide earthquakes above magnitude 3 during the past 24 hours on  8 Dec 2022
Worldwide earthquakes above magnitude 3 during the past 24 hours on 8 Dec 2022

Summary: 8 quakes 5.0+, 38 quakes 4.0+, 110 quakes 3.0+, 227 quakes 2.0+ (383 total)
This report is being updated every hour.
Magnitude 5+: 8 earthquakes
Magnitude 4+: 38 earthquakes
Magnitude 3+: 110 earthquakes
Magnitude 2+: 227 earthquakes
No quakes of magnitude 6 or higher

10 largest earthquakes in the world (past 24 hours)

#1: Mag 5.8 14 km northwest of Ciranjang-hilir, West Java, Indonesia

Thursday, Dec 8, 2022 at 7:50 am (GMT +7) –

#2: Mag 5.5 Dagestan, Russia, 74 km north of Zaqatala, Azerbaijan

Thursday, Dec 8, 2022 at 9:42 am (GMT +3) –

#3: Mag 5.5 184 km west of Hollandia, Papua, Indonesia

Thursday, Dec 8, 2022 at 1:58 pm (GMT +9) –

#4: Mag 5.4 Solomon Sea, 214 km west of Honiara, Solomon Islands

Thursday, Dec 8, 2022 at 7:18 am (GMT +11) –

#5: Mag 5.4 North Atlantic Ocean

Thursday, Dec 8, 2022 at 10:44 am (GMT -2) –

#6: Mag 5.3 South Pacific Ocean

Thursday, Dec 8, 2022 at 3:45 am (GMT -11) –

#7: Mag 5.1 Philippine Sea, 29 km south of Hualien City, Taiwan

Thursday, Dec 8, 2022 at 12:54 am (GMT +8) –

#8: Mag 5.1 South Pacific Ocean, 181 km southwest of Apia, Tuamasaga, Samoa

Thursday, Dec 8, 2022 at 11:06 pm (GMT +13) –

#9: Mag 4.8 83 km east of Yermakovskoye, Krasnoyarskiy Kray, Russia

Thursday, Dec 8, 2022 at 2:32 pm (GMT +7) –

#10: Mag 4.7 Gansu, 225 km southeast of Kumul, Xinjiang, China

Thursday, Dec 8, 2022 at 12:59 am (GMT +8) –

Earthquakes reported felt

#1: Mag 2.7 1.9 mi southwest of Hendersonville, Henderson County, North Carolina, USA – 647 reports

Wednesday, Dec 7, 2022 at 10:23 pm (GMT -5) –

#2: Mag 5.5 Dagestan, Russia, 74 km north of Zaqatala, Azerbaijan – 125 reports

Thursday, Dec 8, 2022 at 9:42 am (GMT +3) –

#3: Mag 5.8 14 km northwest of Ciranjang-hilir, West Java, Indonesia – 53 reports

Thursday, Dec 8, 2022 at 7:50 am (GMT +7) –

#4: Mag 4.3 Aegean Sea, 8.5 km north of Kusadasi, Aydın, Turkey – 48 reports

Thursday, Dec 8, 2022 at 1:35 am (GMT +3) –

#5: Mag 3.1 32 km west of Karlovy Vary, Karlovarský kraj, Czechia – 41 reports

Thursday, Dec 8, 2022 at 4:45 pm (GMT +1) –

#6: Mag 3.2 36 km west of Yarumal, Antioquia, Colombia – 11 reports

Wednesday, Dec 7, 2022 at 4:07 pm (GMT -5) –

#7: Mag 4.0 Adriatic Sea, 48 km north of Ancona, The Marches, Italy – 10 reports

Thursday, Dec 8, 2022 at 8:08 am (GMT +1) –

#8: Mag 3.2 Aegean Sea, 7.1 km north of Kusadasi, Aydın, Turkey – 9 reports

Thursday, Dec 8, 2022 at 1:34 am (GMT +3) –

#9: Mag 5.1 Philippine Sea, 29 km south of Hualien City, Taiwan – 8 reports

Thursday, Dec 8, 2022 at 12:54 am (GMT +8) –

#10: Mag 4.3 39 km southeast of Chālūs, Māzandarān, Iran – 6 reports

Thursday, Dec 8, 2022 at 8:07 am (GMT +3:30) –

#11: Mag 2.3 1.6 km east of Petrinja, Sisak-Moslavina, Croatia – 5 reports

Thursday, Dec 8, 2022 at 12:28 am (GMT +1) –

#12: Mag 3.7 29 mi south of Fairbanks, Alaska, USA – 4 reports

Wednesday, Dec 7, 2022 at 7:21 am (GMT -9) –

#13: Mag 3.8 Aegean Sea, 33 km southeast of Bodrum, Muğla, Turkey – 3 reports

Thursday, Dec 8, 2022 at 10:49 am (GMT +3) –

#14: Mag 4.1 East China Sea, 17 km southwest of Kanoya, Kagoshima, Japan – 3 reports

Thursday, Dec 8, 2022 at 10:30 pm (GMT +9) –

#15: Mag 4.3 16 km southeast of Puerto Barrios, Departamento de Izabal, Guatemala – 2 reports

Thursday, Dec 8, 2022 at 9:00 am (GMT -6) –

#16: Mag 2.7 15 mi north of Chickasha, Grady County, Oklahoma, USA – 2 reports

Wednesday, Dec 7, 2022 at 10:51 am (GMT -6) –

#17: Mag 2.6 Aegean Sea, North Aegean, 7.5 km northwest of Kusadasi, Aydın, Turkey – 2 reports

Wednesday, Dec 7, 2022 at 10:43 pm (GMT +2) –

#18: Mag 4.2 Dagestan, Russia, 56 km north of Zaqatala, Azerbaijan – 2 reports

Thursday, Dec 8, 2022 at 10:16 am (GMT +3) –

Earthquake stats

Mullen (MULN) Stock Treks Higher on Vice President Hire

Mullen Automotive (NASDAQ:MULN) stock opened in the green after briefly meeting its 52-week low of 18 cents yesterday. The electric vehicle (EV) company announced this morning it had hired Ford (NYSE:F) veteran Donald Borthwick as its Vice President of Commercial Sales.

Borthwick boasts more than 25 years of commercial sales experience with Ford and helped kickstart its EV program. He was also responsible for $3.25 billion in annual sales to Fortune 2000 companies in the western U.S., accounting for 100,000 annual deliveries. Additionally, Borthwick was involved with a primary vehicle supplier relationship during his time at Ford that eventually grew to become the company’s second largest commercial customer.

CEO David Michery added, “Don is a highly skilled and respected sales leader and will play a key role in establishing Mullen as a leader in the commercial EV category.”

Borthwick will work at the Mullen Tech Center in Troy, Michigan. The company has now hired three veterans from legacy automakers in the past few months. Let’s get into the details.

MULN Stock: Mullen Taps Ford Veteran as VP of Commercial Sales

In October, Mullen announced that it had hired former General Motors (NYSE:GM) executive John Schwegman as its Chief Commercial Officer (CCO). With more than 35 years of experience at GM, including leading global teams across four continents, Schwegman will focus on the sales and growth of Class 1 through Class 6 light- and medium-duty trucks. The company added Class 3 through Class 6 commercial vehicles to its portfolio after acquiring a majority stake in Bollinger Motors.

In November, former GM product manager Paul Loewer announced through social media that he had been hired as Mullen’s director of product marketing and planning. A 30-year GM veteran, Loewer was closely involved with the Chevrolet Silverado and low cab forward (LCF) medium duty trucks. In addition, he also has experience with commercial sales and crossover vehicles.

The three hires are an undeniable gain to the startup EV company. The automotive industry has seen several legacy veterans transition to EV companies in the past few years.

Meanwhile, Mullen shareholders are focused on Dec. 20 as a key date. On that day, Mullen could deliver the first units of the I-GO to Newgate Motor.

On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Eddie Pan specializes in institutional investments and insider activity. He writes for InvestorPlace’s Today’s Market team, which centers on the latest news involving popular stocks.

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CVNA Stock Price Prediction: Is Carvana Really Worth Just $1?

Source: Ken Wolter / Shutterstock.com

Carvana (NYSE:CVNA), which operates an online portal where people buy and sell used vehicles, is in the spotlight on Wall Street. However, the buzz isn’t positive as Carvana’s biggest creditors are reportedly working together toward a possible restructuring arrangement. The thought of bankruptcy, plus one analyst’s downgrade and ultra-low price target, sent CVNA stock reeling yesterday, although shares seem to be recovering somewhat today.

Suffice it to say that Carvana hasn’t had a great 2022. Inflation and high interest rates have discouraged consumers from making automobile purchases. Could Carvana be headed for bankruptcy amid this challenging economic backdrop?

That’s the question on some traders’ minds lately, it seems. Fueling the sense of gloom and doom is a report that Carvana’s biggest creditors have agreed to cooperate in “potential restructuring negotiations,” according to Reuters.

Carvana’s 10 biggest lenders, including Apollo Global Management and PIMCO, hold roughly $4 billion of Carvana’s unsecured debt. Reuters stated that these lenders have “made a three-month pact to act together” in the case of Carvana’s restructuring.

What’s Happening With CVNA Stock?

The thought that Carvana might end up in restructuring and/or bankruptcy proceedings caused great anxiety among financial traders yesterday. This helps explain why CVNA stock dropped 43% during the previous trading session.

Today, however, shares are recovering somewhat. In fact, they are up 20% this morning from yesterday’s close. Still, Carvana investors have suffered staggering losses over the past couple of days.

Adding to the sense of anxiety is Wedbush analyst Seth Basham, who downgraded CVNA stock to “underperform.” Not only that, but Basham drastically reduced his price target from $9 to $1. “We believe these developments indicate a higher likelihood of debt restructuring that could leave the equity worthless in a bankruptcy scenario,” Basham warned.

That warning and downgrade may have contributed to the selloff in Carvana shares yesterday. There appears to be some relief for investors today, though, as Carvana’s ongoing story continues to unfold.

On Penny Stocks and Low-Volume Stocks: With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks.

Read More: Penny Stocks — How to Profit Without Getting Scammed

On the date of publication, David Moadel did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

David Moadel has provided compelling content – and crossed the occasional line – on behalf of Motley Fool, Crush the Street, Market Realist, TalkMarkets, TipRanks, Benzinga, and (of course) InvestorPlace.com. He also serves as the chief analyst and market researcher for Portfolio Wealth Global and hosts the popular financial YouTube channel Looking at the Markets.

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Paleontology: No supersonic boom for dinosaur tails

Diplodocids—large herbivorous dinosaurs with long necks and tails—may have been able to move their tails like bullwhips at speeds of up to 33 meters per second (more than 100 kilometers per hour), according to a modeling study published in Scientific Reports. However, these findings contradict those of a previous study, which proposed that a hypothetical structure attached to the end of a diplodocid tail—similar to a tuft at the end of a bullwhip—could move faster than the speed of sound (340 meters per second) and create a small supersonic boom.