The Designer Who Translates Elon Musk's Musings Into Reality
Franz von Holzhausen, the chief designer at Tesla, is ready for his next big challenge. Source link
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Chinese EV Maker BYD Exploring Mexico Factory as Entry to U.S. Market
The Tesla competitor is expanding rapidly in Europe and Southeast Asia; now it is looking at a new export base...
Nike to Cut Over 1,600 Jobs
The layoffs are part of the sneaker giant’s plan to shed $2 billion in costs over the next three years....
When Job Candidates Lie—and How Recruiters Bust Them
Two jobs at once? Four different résumés? Headhunters share their stories of workers who tried, and failed, to fool people....
Rod Stewart Sells Song Catalog as Music-Rights Fundraising Surges
Investors are pouring billions of dollars into companies pursuing music-rights deals. Source link
Have Uber and Lyft Finally Found a Way to Make Ride-Sharing Profitable?
Getting there has been a bumpy ride. Analysts want to see if the companies can sustain it. Source link
Lyft Shares Surge as Strong Earnings Report Offsets Typo Confusion
Shares had risen more than 60% in off-hours trading after the company’s release accidentally added an extra zero to a...
Self-Driving Car Company Waymo Issues First-Ever Recall After Two Phoenix Crashes
The Alphabet-owned company said it needed to fix its software after two of its cars hit a pickup truck being...
Coty Is the Biggest Gainer in the Management Top 250
Palo Alto Networks, GE had the next-biggest gains in overall score Source link
Shell Sees LNG Demand Up at Least 50% by 2040
Shell said it expected global demand for liquefied natural gas to grow beyond 2040, driven by industry in China and...
Sony Group Reports Profit Rise, Starts Preparing for Financial Unit's Spinoff
Sony Group reported a rise in third-quarter net profit, thanks partly to higher earnings from the image-sensor and music businesses,...
Jeff Bezos Sells Amazon Shares Worth Over $2 Billion
Jeff Bezos has sold a stake valued at $2.08 billion in Amazon, according to a U.S. Securities and Exchange Commission...
Michelin to Buy Back Shares After Flat 2023 Earnings
The French tire maker said the share buyback could be worth up to €1 billion over the 2024-2026 period. It...
Former FirstEnergy Executives and Former Public Utility Official Indicted in Ohio
Former state utilities head Samuel Randazzo was accused of receiving more than $4.3 million from FirstEnergy and its affiliates to...
CymaBay Therapeutics Shares Hit All-Time High on Gilead Deal
CymaBay Therapeutics shares jumped nearly 25% and hit a new record high in early trading after the clinical-stage biopharmaceutical company...
Permian Rivals Reach Deal to Create $50 Billion Oil-and-Gas Behemoth
Diamondback Energy and Autry Stephens’s Endeavor announce merger as torrid dealmaking continues in the oil patch. Source link
Atos Hit as S&P Downgrades Again
Atos shares fell after S&P lowered its ratings for the third time in less than a year, saying the IT...
EQT Consortium Launches Bid For France's Believe
A consortium of investors including EQT have agreed to a €1.5 billion takeover of French digital music company Believe. Source...
Can the U.S. Break China's Grip on Solar?
China controls the bulk of the world’s solar supply chain. Now, the U.S. is trying to build its own. It...
The Priciest Shareholder Fight Ever Is Headed to Disney's Boardroom
More than $70 million could be spent in bid to win everyday investors’ votes. Source link
