Instant Pot parent company files for bankruptcy

The Instant Pot has been one of the most important kitchen gadgets of the past decade, but that hasn’t prevented financial turmoil at its parent company. Instant Brands has filed for Chapter 11 bankruptcy in the US citing worldwide “macroeconomic and geopolitical challenges” that include higher interest rates and tighter credit. While the company says … Read more

The more powerful 2024 Polestar 2 starts at $49,900

Polestar has outlined pricing for the significantly upgraded 2024 Polestar 2, and it’s evident you’ll get a lot more value for your money. The electric sedan now starts at a slightly more expensive $49,900 for a rear-wheel drive long range single motor variant that’s arguably the more compelling model. It now includes a new 299HP … Read more

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