VW to invest up to $5bn in Tesla rival Rivian
Shares in the US-based electric truck and SUV maker jumped by around 50% after the announcement.
Shares in the US-based electric truck and SUV maker jumped by around 50% after the announcement.
"We believe that a second Trump term would have a negative impact on the US's economic standing in the world, and a destabilizing effect on the US's domestic economy," the economists wrote in a letter.
An indefinite work-to-rule started at midnight with an eight-hour strike planned for Saturday
Rivian Automotive and Volkswagen Group are joining forces as they look to develop software technology that will help drive their production of electric vehicles. Read more...
He needs the approval of shareholders of three quarters of the business.
Guests staying at a Disney Resort hotel will have the option of booking the three experiences and times a week in advance.
Delta Air Lines just unveiled a sweet perk for its fanciest flyers. Read more...
Dozens of delivery bikes parked outside The Roosevelt Hotel have been cleared away by NYPD as part a stepped-up crackdown on unregistered and illegal mopeds and e-bikes.
Less than a week into summer, the Food and Drug Administration has announced a national recall of certain ice cream products. Read more...
A lot of people want to take cruises these days. Read more...
Nvidia’s shares were up over 5% during mid-day trading on Tuesday, after slipping Monday , putting it back behind Microsoft and Apple, which it had briefly passed to become the most valuable company in the world . Read more...
The airline is set to open up its exclusive, 39,000-square-foot Delta One lounge, the largest of its "Sky Club" offerings, on Wednesday.
Both recall notices impact more than 11,000 Cybertrucks. In both cases, Tesla will make the repairs free of charge and owners will be notified by Aug. 18.
"Strength in current labor market views continued to outweigh concerns about the future,” said Dana Peterson, the Conference Board’s chief economist.
Prices increased 6.3% nationally in April when compared with the previous year, the S&P CoreLogic Case-Shiller index showed and 0.3% on a monthly basis.
The settlement announced in March was intended to resolve most litigation that began in 2005 over so-called swipe fees, also known as interchange fees, that merchants pay to accept Visa and Mastercard, and which the card networks set.
The law “will make it unlawful to provide internet hosting services to TikTok,” an annual report published Monday read.
As climate change increases pressure on the airline industry to reduce greenhouse gas emissions, some of the costs of doing so are being passed on to consumers. German airline Lufthansa announced Tuesday that it would begin charging an “environmental cost surcharge” to help
Uber drivers in the Big Apple are fuming over the move, saying their income has dropped by as much as 50%, according to Bloomberg News.
Big retailers are gearing up for their summer shopping events. Read more...
A man sued CDK Global after it suffered massive cyberattacks, claiming the auto software company neglected to safeguard his private information. Read more...
The company behind the online retail revolution is getting in on the artificial intelligence revolution, too — with a secret weapon. Read more...
Boeing is getting close to reacquiring the supplier who built the 737 Max 9 fuselage that lost a door plug mid-flight earlier this year. The Wall Street Journal and Bloomberg are reporting that details of a potential $4 billion deal for former subsidiary Spirit Aerosystems are
As Apple explores partnerships to put established AI chatbots on its iPhones, it will not be looking to Meta. Read more...
Ex-Fujitsu engineer Gareth Jenkins says sorry to Seema Misra but she says it is "too little, too late".
Novo Nordisk’s GLP-1 weight loss treatment Wegovy has been approved for use in China, opening up one of the world’s largest weight loss markets to the Danish pharma giant. Read more...
Ford is recalling more than half a million models of its F-150s after some of the pickup trucks are suddenly downshifting into first gear. Read more...