Graham Rapier
Graham Rapier
Transportation reporter at businessinsider covering urban mobility. Tips/Gifs: grapier(at)businessinsider(dot)com. DM for Signal.Source
New York City, NY
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Joe Biden's climate plan is great news for Tesla, Wall Street analyst says

Joe Biden's climate plan is great news for Tesla, Wall Street analyst says

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Joe Biden's to subsidize electric vehicles and significantly accelerate the rollout of charging stations in the United States could be a boon for Tesla, according to one Wall Street analyst.Garrett Nelson of CFRA Research told Yahoo Finance on Friday that the former VP's plan could increase the market share of battery-powered cars to as much as 25% of new car sales by 2030, up from a paltry 2% currently."Tesla would be one of the biggest winners as an...

October 26, 2020
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Goldman Sachs will pay nearly $3 billion to settle US charges over its 1MDB scandal and will reduce the pay of CEO David Solomon and top executives

Goldman Sachs will pay nearly $3 billion to settle US charges over its 1MDB scandal and will reduce the pay of CEO David Solomon and top executives

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Goldman Sachs on Thursday agreed to pay nearly $3 billion to settle a probe into its role in Malaysia's 1MDB corruption scandal, and its Malaysia unit pleaded guilty to violating foreign bribery laws, drawing a line under a saga that has dogged the bank for years.The settlement resolves a probe by U.S. authorities into the bank's role in underwriting three bond offerings in 2012 and 2013 that raised $6.5 billion for Malaysia's government.Under the...

October 22, 2020
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As Trump attacks voting by mail, the Post Office says it has 'ample capacity' to handle a surge in ballots

As Trump attacks voting by mail, the Post Office says it has 'ample capacity' to handle a surge in ballots

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.In the face of attacks from President Donald Trump, the US Postal Service is seeking to assure Americans that it will be able to handle a surge in voting by mail amid the coronavirus pandemic.The Post Office said in a statement Tuesday, the day after mail-in voting , that it has "ample capacity" to handle a surge in mailed ballots in the likely event that the US fails to contain its virus outbreak by November.—Hillary Clinton (@HillaryClinton)  "The Postal...

August 4, 2020
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Uber and Lyft threaten to temporarily shut down in California over labor disputes

Uber and Lyft threaten to temporarily shut down in California over labor disputes

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Uber and Lyft could temporarily shut down in California if a court ruling saying their workers must be classified as employees, not contractors, holds.Uber CEO Dara Khosrowshahi that "it's hard to believe we'll be able to switch our model to full-time employment quickly" after a that Uber, Lyft, and other gig-work companies must reclassify drivers and couriers as employees.Lyft made its threat on a . Executives said the shutdown could occur as soon as August...

August 12, 2020
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Businesses connected to Trump advisor Jared Kushner and his family received millions in paycheck protection loans

Businesses connected to Trump advisor Jared Kushner and his family received millions in paycheck protection loans

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Senior White House Advisor and husband to Ivanka Trump may have divested most of his corporate holdings, but the remaining family owners took full advantage of the Paycheck Protection Program's emergency coronavirus loans. show a handful of Kushner-connected entities receiving large loans from the federal bailout program.Observer Holdings, the publishing company owned by Kushner's brother in law which publishes what remains of the former New York Observer...

July 7, 2020
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Car sales have plunged during the coronavirus, but not at Tesla — skyrocketing the company's status as the world's most valuable automaker

Car sales have plunged during the coronavirus, but not at Tesla — skyrocketing the company's status as the world's most valuable automaker

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Automakers have released their second-quarter sales numbers from the depths of the coronavirus pandemic, and the results aren't pretty.The major Detroit automakers reported Q2 numbers this week that fell dramatically across the board. General Motors a 34% decline over the same period last year, while Fiat Chrysler a 39% slump, and Ford sales were nearly 34%. Then there's Tesla.  Elon Musk's electric automaker reported 20,000 more deliveries than Wall Street...

July 2, 2020
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Virgin Galactic inks a deal with NASA to help train private astronauts

Virgin Galactic inks a deal with NASA to help train private astronauts

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Shares of Virgin Galactic surged Monday after the company a deal with NASA to train astronauts for missions to the International Space Station.According to a press release, the agreement allows Virgin to develop a "new private orbital astronaut readiness program" to vet potential astronauts, train them, and, eventually, get them to the ISS."We are excited to partner with NASA on this private orbital spaceflight program, which will not only allow us to use...

June 22, 2020
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Twitter and Square are making Juneteenth a permanent company holiday

Twitter and Square are making Juneteenth a permanent company holiday

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Twitter and Square will make Juneteenth a permanent company holiday for "celebration, education, and connection," the CEO of both companies, Jack Dorsey, announced Tuesday.Celebrated on June 19, the holiday . Specifically, it's a celebration of the day slaves in Texas learned of the Emancipation Proclamation a full 2 1/2 years after President Abraham Lincoln issued it."Countries and regions around the world have their own days to celebrate emancipation, and...

June 9, 2020
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Tesla's charging network gives it a huge advantage over its rivals — but the company is still lacking in one crucial area

Tesla's charging network gives it a huge advantage over its rivals — but the company is still lacking in one crucial area

network of superchargers is now close to 12,000 — blowing other automaker's electrical infrastructure out of the water. Morgan Stanley estimates that Tesla alone could account for up to 40% of the US' total charging outlets. That gives the company a huge "competitive moat" over other automakers, the bank said in a note to clients Tuesday. "Growth in the charging footprint, while strong, is far slower than the growth in Tesla's car population, which we estimate increase by 83% last year," analyst Adam Jonas writes. "We calculate Tesla's car fleet per supercharger increased to 45 by the end...

February 13, 2019
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People entering Canada could face a $750,000 fine if they don't quarantine for 14 days — even if they don't show coronavirus symptoms

People entering Canada could face a $750,000 fine if they don't quarantine for 14 days — even if they don't show coronavirus symptoms

Canada has so far avoided the United States' coronavirus fate, and is taking drastic measures to ensure it stays that way.The country that all travelers entering the country would be required to quarantine themselves for 14 days, even if they aren't showing symptoms of COVID-19.There are "few exceptions," to the rules, the government's public health agency said, besides those who "ensure the continued flow of goods and essential services, or individuals who receive or provide other essential services to Canadians."Something is loading.Those exempt individuals, are still required to wear a...

April 18, 2020
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