Elon Musk reassured Tesla’s commitment to China, saying the automaker will continue to expand its investments in the country. Musk’s comments came in a pre-recorded question-and-answer style stream at the World Internet Conference, hosted by the Cyberspace Administration of...
Ford Mustang Mach-Es, built between February 24 and June 18, 2021, are affected by a quite significant recall that concerns potentially improperly bonded windshields and sunroofs. We already heard that about 5,000 were recalled in Canada and now it turns...
Delta Airlines said in a pair of internal memos to employees this week that it’s asked competitors to share their no-fly lists, to try to keep passengers who cause disturbances on planes from bringing their mayhem to other airlines. Since January...
Supply chains are snarled and manufacturing is constrained. For weeks, headlines have been telegraphing a clear message to shoppers: This holiday season shop early. In years past, early bird shoppers may have turned to layaway plans to reserve holiday gifts...
Things like Daimler’s continuing cahoots with Renault regarding technology or the PSA Group buyout of Opel have obviously transformed the appearance of that rivalry into more of a harmonious competition, or even collaboration. With the way that the industry...
A lower sales forecast, slowing growth in China and a bottlenecked supply channel — the news coming out of Nike’s fiscal first-quarter earnings report wasn’t good. Shares were down more than 6% on Friday afternoon following the report. Ahead of the results, shares...
The 10-year Treasury yield rose again on Friday as rates turned around this week due to the Federal Reserve inching closer to pulling away its emergency pandemic stimulus. The Fed said this week that it would taper its $120...
The State Fair of Texas opened Friday but vendors warned the event has a Texas-sized problem: a lack of help. Several food vendors at the fair told FOX 4 Thursday evening that they were feeling the nationwide labor shortage...
The days of toilet paper shortages may not be over just yet: Costco has announced new limits on purchases of certain household items as supply chain issues bedevil the company and the delta variant spreads. The company is putting...
New York City has passed sweeping legislation aimed at protecting workers of app-based food delivery services like Grubhub and DoorDash. The move makes the city one of the first municipalities in the US to aggressively regulate an industry that has grown by...
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