Former Nissan CEO Carlos Ghosn warned that if Nissan were to merge with Honda, it would result in cost-cutting “carnage” as there is significant duplication between the two companies. Ghosn believes that Honda would be in the driver’s seat, leading to Nissan bearing the brunt of any synergies through cost reductions and technology duplication. He emphasized that Nissan had better complementarities with Renault, its longstanding partner.
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Burning Man attendees face wild weather
Burning Man 2023 Faces Severe Weather Challenges Severe dust storms with 50 mph winds and high temperatures have plagued this year's Burning Man festival in Nevada's Black Rock Desert, causing injuries, campsite damage, and travel delays. As rain and potential thunderstorms loom, concerns about flooding and muddy conditions mirror last year's troubles when attendees were stranded in the mud. Want More Context? 🔎
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